Gbpjpy has been in a steady uptrend. Right now it’s flirting at resistance level and itching to break higher. Would drill down into the lower timeframe and look for long opportunities. Cadchf is at a key area. Watching how the candle closes before taking a short here.
The majors have been quiet over the last few weeks, are there still opportunities elsewhere?
Weekly trend for Audnzd is down. Thus I’m looking to sell resistance. Looking to sell 1.0850 – 1.0870 SL at 1.0950 1st target 1.0550 Weekly trend for Eurnzd is down. Typical textbook setup here. Looking to sell 1.6160 – 1.6180 SL at 1.6290 1st target 1.5910
Have a bullish bias on GBP this coming week and more!
In your trading career you’d face times when a trade doesn’t go as planned. So what do you do?
I’m back after disappearing for a month. Well let’s look at couple of commodity pairs this week!
Understand how I use multiple time frame to enter trades and why I think silver has room to fly! http://youtu.be/WNgviT2T58c
In this video I explain to you how I identify Support Resistance in the markets.
This week I will be looking at a couple of pairs. But most importantly, I’m also sharing what I’ve learnt over the years in FX trading. http://youtu.be/8kvIAz-AdrE
Find out why I’m bearish on the JPY in the coming weeks. Also, understand the setups I took this week with entries stops & targets! http://youtu.be/E61MjKBryXw