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AUDUSD Will It break into the 0.915-0.92 ? Today?

AUDUSD Will It break into the 0.915-0.92 ? Today?


Just a quick chart.

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AUDUSD Example of Scalp during Asian Session 19th March, 2014

AUDUSD Example of Scalp during Asian Session 19th March, 2014

Wanted to show you another example of an easy scalp
Did not wait for a confirmation entry / noble entry on this one because of the strong level of confluence and the strong bullish momentum from the previous day

There was also a 5min stochastics divergence, and other TF stoch is also showing similar indication.

I risked 5% on this trade and got return 10% gain 

Cheers




EUR/USD Buy near 1.3878.NZD/USD Buy near 0.8583.USD/CAD Sell near 1.1083.

EURGBP Possible Cypher Setup On the Daily Chart 18th March, 2014

EURGBP Possible Cypher Setup On the Daily Chart 18th March, 2014


Daily Chart


  • The completion of this pattern is at the 78.6 which is also an area which has been respected as an S/R - This makes a higher probability if this trade was to take place

Outlook Trade opportunity

Bearish Cypher is looking good if market is to retest an important S/R area.


Risk Level Low


Tips -

Always take note of any economical news event on our provided calender below



AUDUSD - LIve Update - as we bounce of trendline

AUDUSD - LIve Update - as we bounce of trendline


My bias since 2 wks ago for the Aussie is still towards the around the 0.92-0.93, therefore I am looking for clues if there is a continuation of an uptrend or if I am wrong.

  • Bounced of the broken descending trend line, which could provide support and bounce?
  • However I am more happy if prices retraced 20pips lower around the 0.9050 / 50% fib from yesterdays swing low to high
I have a small long position 

Cheers

USDJPY Level to watch today for a possible scalp? 18th, March, 2014

USDJPY Level to watch today for a possible scalp?


1 Hour Chart



Total of 3 x confluence / overlapping

Area to watch today is the Confluence levels of Weekly Pivot + fib 38.20 + Inverse of todays swing of 127.2 fib ext.

Also on the second chart, the same area is also the top of the kumo clouds which acts as resistance

Have drawn some predictions of possible stochs divergence.

Outlook Trade opportunity

Short Scalp

Risk Level LOW


Tips -

Always take note of any economical news event on our provided calender below