Nice break yesterday off through the trendline that hopefully got some pips for you 🙂 Today looks like the trend may have short term reversed so looking for either a bounce off Pivot following the upward trendline at A. For shorts maybe look at a sustained break of Pivot , however longs may start again […]

Pair is right now in no mans land sitting between support and pivot . So not a great time to enter a trade. 2 Possible entry points for later : one at A ,at the Sloping downtrend line and also at Support 1 at 1.31 Look for shorts firstly from A or if we break […]

Looks like we have some nice support (A) and resistance (B) zones setup here and right now we are sitting pivot at 1.36. So for today look to get long from around the A area on a nice candlestick signal . Or short from here on a break and failure to break back above. Similarly […]

After a great day today with the bullish hammers , it looks like we might be turning south. Marked on the chart we have ,where we are right now 1.3550 at A and pivot around 1.3580. So to look for short positions at A or B we have to see firstly a rejection of that […]

Had a nice Bullish Hammer on the M30 right at our daily analysis this morning which provide a nice bunch of pips. And now watching to see if we get another bounce off the trendline. As another Bullish Hammer just hit the Alert Window I would be a bit watchful right now .

I have marked up the chart here with the support areas A and B.  Look to try to get a long entry from one of those points , only if we see a failure to break down the support and with a nice candlestick signal. If support at  A or B is broken you could […]

Nice bullish hammer CandleStick Signal this morning on the daily leading us into at least 100 pips ! Analyis of this pattern using the Traders Edge shows that this pattern on the 1 day chart is worth at least 100 pips which is where we are now .

This is looking like a bearish pennant so for today look to go short either at B on a failed test of the 1.3550 area or short on a break of A . If we break B then look for the break to be sustained before going long. If you are looking for a long […]

Going to be watching 4 places today . Primarily C and D at first . So watch for either short positions on a sustained break of D just under 1.35 or long positions on a sustained break of C 1.3550. Also look for shorts down from either B or A if we get a shoot […]

Going to be watching the points marked A and B today and the sloping uptrend line. Looking for long positions from A with a candlestick signal up to 1.36 or a sustained break of 1.35 back down to below 1.34.  At B , 1.36, look for resistance here to grab a short position back down […]