collapse

Author Topic: Shorts-n-longs (PA, S&R, etc.)  (Read 2207 times)

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #135 on: October 11, 2017, 09:57:37 AM »
The technical pattern on USD/CAD is ambiguous for me now. The currency is consolidating. Ive highlighted the key S&R levels: 1.2500 and 1.2525. Ill open deals, if the price fixes above/below these marks.

Ill buy USD/CAD in case of breakthrough and retest of the 1.2525 level. The pair may move to 1.2555-1.2590.

Ill sell the pair, if it fixes below the 1.2500 round level. It may move to 1.2470-1.2450.

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #136 on: October 12, 2017, 01:42:24 PM »
Investors focused on the FOMC protocols publication yesterday. Most Fed representatives believe that another increase of the interest rate this be appropriate year will. At the same time, some of the Central Bank reps are concerned about the low inflation level in the country. The probability of tightening the monetary policy this year fell to 81.7%.

The bearish sentiment prevails on the USD/CAD pair now. I plan to open deals in the current trend direction. Ill sell it, if the price fixes below 1.2450. The pair may move to the 1.2400 round level.

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #137 on: October 12, 2017, 01:45:00 PM »
USD/CHF has kept the 0.9710-0.9720local demand zone. It caused the emergence of a bullish sentiment. The pair has the potential for further growth. Ill buy it, if the price fixes above the 0.9750 mark. Target movement to 0.9775-0.9800

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #138 on: October 13, 2017, 12:23:19 PM »
Majors are consolidating before the release of important statistics on the US economy at 12:30 (GMT). The reports on inflation and retail sales will be published today. I plan to look for the entry points after the price fixes above/below the key levels.
Ill buy USD/CHF, if it overcomes 0.9760. It may move to the 0.9800 round level.

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #139 on: October 13, 2017, 12:25:04 PM »
Ill buy USD/CAD in case of the breakthrough and retest of 1.2480. It may move to 1.2525-1.2550.
Ill sell the pair, if it fixes below 1.2455. It may move to 1.2400.

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #140 on: October 16, 2017, 01:00:44 PM »
GBP/USD is consolidating. The technical pattern is ambiguous. Ive highlighted the following key support and resistance levels: 1.3275 and 1.3320. Ill open deals, if the price fixes above/below these marks.
Ill buy GBP/USD in case of breakthrough and retest of the 1.3320 local resistance. It may move to 1.3350-1.3375.
Ill sell the pair, if the price fixes below 1.3275. It may move to 1.3225.

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #141 on: October 16, 2017, 01:02:50 PM »
The bearish sentiment prevails on USD/JPY now. 111.65 is the local support level. Ill sell the pair. if the price fixes below the 111.65 level. It may move to 111.25-111.00. Ill use a trailing stop for this deal.

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #142 on: October 17, 2017, 01:04:15 PM »
Aggressive sales are observed on GBP/USD now.  The UK consumer price index rose to 3.0% for the last year in September. It was above the target level of the Bank of England. I think that this currency pair has the potential for the further movement. Ill wait for a correction to the 1.3225-1.3245 local offer zone and sell GBP/USD after it reaches this zone. It may move to 1.3250.

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #143 on: October 17, 2017, 01:05:57 PM »
The bearish sentiment prevailed on USD/CAD yesterday. The asset is consolidating at the moment. I expect the further growth of the quotes. Ill open long positions, if the price fixes above the 1.2550 local support. It may move to 1.2600.

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #144 on: October 18, 2017, 10:40:12 AM »
The demand for the US dollar is at a high level now. The technical pattern on AUD/USD indicates emergence of a bearish sentiment. The price is testing the 0.7820 local support. Ill sell the pair, if it fixes below 0.7820. It may move to 0.7790.

Offline alextrader79

  • Full Member
  • ***
  • Posts: 214
Re: Shorts-n-longs (PA, S&R, etc.)
« Reply #145 on: October 18, 2017, 10:41:36 AM »
Great Britain has published a mixed report on the labor market. Bears dominate on GBP/USD now. The asset has the potential for declining. The Outside bar PA pattern formed on this pair. Ill sell GBP/USD, if it fixes below 1.3150. It may move to the 1.3100 round level.

 

browse forum

* Recent Posts

Re: Best Scalper by alaali
[Today at 05:20:10 AM]


Re: Best Scalper by reinerh
[Yesterday at 10:13:34 PM]


Re: Best Scalper by dutchie
[Yesterday at 09:06:20 PM]


Re: Best Scalper by donnaforex
[Yesterday at 04:48:33 PM]


Re: Best Scalper by donnaforex
[Yesterday at 04:37:40 PM]


Re: Best Scalper by BigNick
[Yesterday at 04:18:20 PM]


Re: Best Scalper by Gpoint
[Yesterday at 04:15:04 PM]


Re: Best Scalper by donnaforex
[Yesterday at 04:05:08 PM]


Re: Asian session scalpers by atomico
[Yesterday at 03:36:01 PM]


Re: Best Scalper by atomico
[Yesterday at 03:17:29 PM]