wednesday trade setup for eur/usd

buy stop 1.5600 tp1=1.5630 tp2=1.5651 tp3=1.5710 stop loss 1.5540
sell stop 1.5530 tp1=1.5470 tp2=1.5450 tp3=1.5400 stop loss 1.5570


wednesday trade for gbp/usd

buy stop 1.9710 tp1=1.9740 tp2 1.9780 tp3=1.9850 stop loss 1.9650
sell stop 1.9650 tp1=1.9620 tp2=1.9590 tp3=1.9515 stop loss 1.9700


wednesday trade setup for usd/yen

buy stop 108.30 tp1=108.60 tp2=109.00 stop loss 107.80
sell stop 107.50 tp1=107.15 tp2=106.60 stop loss 108.00


wednesday trade setup for usd/chf

buy stop 1.0440 tp1=1.0480 tp2=1.0510 tp3=1.0550 stop loss 1.0380
sell stop 1.0395 tp1=1.0360 tp2=1.0340 tp3=1.0300 stop loss 1.0445


wednesday trade setup for eur/gbp

sell stop 0.7885 tp1 0.7855 tp2=0.7835 stop loss 0.7935
buy stop 0.7935 tp1 0.7955 tp2=0.8000 stop loss 0.7900

eur/usd

im waiting euro to testing 1.5692,stay away on monday,just spot the probability reversal zone.It might be already in place with the canfirmation 1candle 4h opening price below 1.5580.But opening price above 1.5850 would bring back to test the 1.60++ zone.


gbp/usd

im waiting the potential reversal zone above 1.9800 to 1.9850,short term top already in place with the confirmation 1candlestick 4h open price below 1.9670.but 1candle open above 1.9880 would bring back the price to test above 2.0 again


usd/chf

im waiting confirmation for the bottom,1 candle 4h open price above 1.0390 should confirm this action opening below 1.0280 would risk this pair toward 1.0215 again.


eur/gbp

Look like this pair stay in the range,the top already in place with the confirmation 1candle 4h open below 0.7880 to test 0.7800 again but an opening price above 0.7950 would bring back the price toward 0.8000.


usd/yen

the price still have a risk toward 106.55,it should confirm with 1candle open below 106.95.be curious cause this pair could rebounce anytime and 1candle opening above 107.50 would bring back the price to test 108.10 where this brekout would bring the price higher toward 108.60 first.

ok trader just monitor the price movement on monday and get the best entry,i would update again before us market open on monday or tuesday after asian market open.anyway good luck trader:)

dear trader,

dollar sell off across the board..my signal today worse when i try to counter the short term trend,
just gu hit the first tp cause gbp/usd follow the trend,but other than that fail.i will careful to follow the trend after,dont want to give a counter trend again.if u have an opinion or comment just drop me a comment..thanks;)

friday trading setup for eu/usd:testing right shoulder 4h in progress

sell limit zone 1.5540 to 1.5555,stop loss 1.5600 tp1=1.5365 tp2=1.5300


friday trading setup for gbp/usd buy stop 1.9760 stop loss 1.9700 tp1 1.9800 tp2 1.9845 tp3 1.9880

sell stop 1.9690 tp1=1.9650 tp2 1.9630 tp3 1.9580


friday trading setup for euro/gbp

sell limit area 0.7885 to 0.7900,sell stop 0.7855 tp1 0.7820 tp2=0.7800 tp3=0.7750
stop loss 0.7915


friday trading setup for usd/jpy

buy stop 108.09 tp1=108.4 tp2 108.60 tp3=109.00 stop loss 107.80


friday trading setup for usd/chf:

buy limit zone 1.0375 to 1.0415 stop loss 50pips from your post,
tp1= 1.0470 tp2=1.0510 tp3=1.0550

ok trader dont forget to put your stop loss,dont trade with forex if you dont want to set stop loss:) anyway goodluck:)

i wanna post again about usd/chf chart above,previous i gave the signal like below:

wednesday trade setup for usd/chf

buy stop 1.0460 tp1=1.0510 tp2=1.0540 tp3 1.0590 stop loss 1.0410

sell stop 1.0395 tp1=1.0350 tp2=1.0300 tp3=1.0285 stop loss 1.0445

here i would like to explain why the price fail to continue rise after hit our buy stop,technically price was succesfully breach the triangle and horizontal line,but the candle 1h close below that level,thats means the false breakout.The lesson from this u must pay attention to a closing or opening price with the candle or bar chart.it all depend on ur chart style.The price closed below our buy stop make the strenght lose momentum going ahead.The result candle show a shooting star pattern,its reversal sign.it's good if u make a manual order below the support or above the resistance where normally i place with price label or with horizontal or trendline in my chart.if u have a question just drop me a comment and ur question are most welcome.ok trader happy trading and good luck;)

wednesday trade setup for gbp/usd

gbp/usd buy stop 1.9590 tp1=1.9625 tp2=1.9670 tp3=1.9740 stop loss 1.9540

sell stop 1.9450 tp1=1.9410 tp2=1.9365 tp3=1.9335 stop loss 1.9500


wednesday trade setup for eur/usd

buy stop 1.5565 tp1=1.5615 tp2=1.5650 tp3=1.5760 stop loss 1.5515

sell stop 1.5450 tp1=1.5400 tp2=1.5365 tp3=1.5305 stop loss 1.5500


wednesday trade setup for usd/chf

buy stop 1.0460 tp1=1.0510 tp2=1.0540 tp3 1.0590 stop loss 1.0410

sell stop 1.0395 tp1=1.0350 tp2=1.0300 tp3=1.0285 stop loss 1.0445


wednesday trade setup for usd/jpy

buy stop 108.65 tp1=109.08 tp2=109.28 stop loss 108.15

sell stop 107.80 tp107.30 tp2=107.00 tp3=106.70 stop loss 108.30


wednesday trade setup for eur/gbp

buy stop 0.7960 tp1=0.8005 tp2=0.8030 stop loss 0.7910

sell stop 0.7900 tp1=0.7870 tp2=tp2 0.7850 stop loss 0.7940

ok trader please do your own analysis too,this is my personal opinion where i see the best chance but im not warrant that should be 100%,while trading have a high risk,please consider all the thing and i will try my best to give my view but it all depend for you.u should responsible for every entry u make for every trade.anyway good luck;)

uj trade monday setting:

sell stop below channel,sell stop 108.10 stop loss 108.75 tp1=107.86
tp2=107.64 tp3=107.20 tp106.55 breakout above 108.75 would cancel this setting.


sell stop below lower trendline,sell stop 1.0440 stop loss 1.0500,tp1=1.0394
tp2=1.0351 tp3=1.0300,breakout above trendline would cancel this strategy.

eu for monday trade setting:

buy stop 1.5405 stop loss 1.5370 tp1= 1.5455 tp2=5485 tp3=1.5530

fail 1.5405 waiting to 1.5350 sell triger

sell stop 1.5350 stop loss 1.5405 tp1=1.5305 tp2 1.5280 tp3=1.5205


gbp/usd

buy stop 1.9520 stop loss 1.9470 tp1=1.9575 tp2=1.9630

fail 1.9516 wait to sell trigger

sell stop 1.9450 stop loss 1.9510 tp1=1.9400 tp2=1.9365 tp3=1.9335

Hello trader,

Let mark the important point for eu daily chart above:

1. 38.2%fibo=1.5560
2. possible double top daily=1.5812

Strategy

Euro rally two days around 400pips from the bottom 1.5365,look like short term bottom has been place there,i ve marked the support and the resistance zone,the price should retrace anytime,but it should contain above 1.5560,i would like to buy as long as 1.5560 zone hold as a support,target should challenge toward 1.5812 first,fail should bring eu to test 1.5560 first but breakout would bring this pair toward 1.6010 highest before and 1.6208 later,if 1candle open below 1.5540 the sell should trigger and the price have a possible to test the support first around 1.5454 and 1.5365 later.



Above is gbp/usd daily chart,same with euro/usd chart,i ve marked the important point too,let see the point below:

1. support zone=1.9337 to 1.9452
2. resistance=1.9843

cable should retrace anytime but it should contain above 1.9452 zone,1candle open below 1.9452 should resume the pair to test 1.9337 again,but 1.9740 breakout would bring this pair toward 1.9843 and might be 2.0024 later,failure to fight against 1.9843 would risk the cable toward 1.9452 first and 1.9337 later.ok trader,do your own analysis too,dont forget to build the best money management,trading not demand for your skill only,but how is your reflection toward current price action.Wish you all the best;)

Above is 4h gbp/usd chart,im still view the upside progress like my previous analysis,the immediate target should be place around 1.9850 to 1.9962 zone,2nd target around 1.9962 to 2.0145 zone.and my maximum target around 2.0145 to 2.0450 zone.stop loss below 1.9680 to 1.9620 zone.


Above is gbp/yen 4h chart,i dont want to get in with this pair,since the pattern still not complete and still in overbought zone.If this pattern complete the top should be in place around 211.50,this action should confirm when 1candle open above gathering resistance zone around 209.0 level.