Thread: Which pairs are you selling and why?

Originally Posted by ;

quote did you enter into the transaction ?

As always. . I am trying to find installation

Originally Posted by ;

quote As always.. I'm trying to find installation

Only a notice Batus... I'm really glad your blog is online again. Loving the articles and it is helping my trading, please keep this up and keep posting charts. We adore 'em

I anticipate USDCAD to continue on the sell side as the technicals are primarily bearish. On the daily timeframe, price action has disposed southward following a 61.8 Fib retracement of the downward swing in the high of May 2017 into the low of September 2017. A wedge pattern is operative on the daily time period (magenta) and the wedge support line is likely to be a goal for bears. The flat support around 1.22610/1.20789 might be exposed in case bears breach the wedge support.

KP

If I trade bargains that are short-time it doesn't matters, or long-time, I prefer trading major pairs. Like eur/usd usd/chf. And in my experience a lot of traders do exactly the same, occasionally bargains can open on gold and oil, but it is more of a decisions, then a portion of my trading program.

This thread is not about how long you hold your trade rankings. It's all about which trades are trades and on what pairs you hold southward or bearish perspective, as well as why. Share your sell trades or the pairs on that you have bearish outlook here. Tell us why.

Trade safe and prosper.

KP

Originally Posted by ;

For me personally it does not matters if I trade short-time bargains, or long time, I always prefer trading major pairs. Much like eur/usd, usd/cad, usd/chf. And in my experience a lot of traders do the same bargains can start on gold and oil, but it's more of a situational decisions, then part of my trading plan.

Originally Posted by ;

quote As always.. I am looking for the setup

Short entry predied on setup, H4 Daily timeframe have a rejected now. So I will hold my brief one more day although tg2 already attained.

Originally Posted by ;

quote Just a note Batus... I am really glad your site is online again. Loving the articles and it is helping my trading, please keep this up and keep posting charts. We love 'em

Thanks danmur

GBPAUD is currently disposed southward in a horizontal channel (magenta) on the H4 period frame. There was a 78.6 Fib retracement of the latest downward swing in the channel and price action is now heading southward. A break of this channel service is very likely to observe bears goal the monthly pivot around 1.81191.

I may be wrong. Trade secure and prosper.

KP

A structure-based approach to trading this pair atm is in case the price action pulls back to the descending trendline (black) and turns around southward, confirming a 1-2-3 setup to get a sell trade. This is likely to provide impetus to get a bearish continuation.

KP

Originally Posted by ;

GBPAUD is presently disposed southward at a horizontal station (magenta) on the H4 time frame. There has been a 78.6 Fib retracement of the most recent downward swing at the station and price action is presently heading southward. A break of this station support is likely to observe bears target the monthly pivot around 1.81191. I may be incorrect. Trade safe and prosper. KP image

Originally Posted by ;

quote Short entry predied on installation, H4 Daily timeframe have a rejected now. So I will hold my brief one more day although tg2 already attained.

Almost 100p down and I took yet another brief entry as H1 showing rejection. Both entrances are closed by will . Happy weekend .

Congratulations!

KP

Originally Posted by ;

quote Nearly 100p down and I took another short entry as H1 showing rejection. Both entrances are closed by will soon. Happy weekend . picture