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Everything posted by TradeCuts
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AUDNZD, has been trending down, currently bouncing off the trend line, with strong rejection at 1.26744 - 1.26341 zone. Current price action is testing some strong support thus there is possibility of short term long in overall short outlook. We expect AUDNZD short but in case of rebound expect it to retest the trend line and 1.26744 - 1.26341 zone. There is potential to make pips on both side thus wait for proper signal and take trade likewise. Profit Potential - Short position - 75 - 175 pips (Many more pips if you wait longer for TP3) Long Position - 50 - 125 pips ( stay cautious with longs) If you take this trade do let us know how it worked out for you. Best TradeCuts
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A fantastic day yesterday with 100% success rate with Yen pairs. Here's a look at the Before & After Chart for Gbp/Jpy for 21st March Best TradeCuts
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Hi, Would appreciate your comments and feedback. http://www.traderslaboratory.com/forums/forex-trading-laboratory/15943-yen-series.html Best TradeCuts
- 318 replies
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Hi, Would appreciate your comments and feedback. http://www.traderslaboratory.com/forums/forex-trading-laboratory/15943-yen-series.html Best TradeCuts
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The dollar pushed higher against the yen on Wednesday as market sentiment was supported by hopes that a solution on a bailout deal for Cyprus would be found. Aussie-Yen didn't do very well yesterday and hit our stop loss giving us around 65-70 pips loss. Todays Yen pair is GBP/JPY and technical analysis says outlook is a neutral to strong yen. If you take this trade let us know how it works out for you. Yours Technically, TradeCuts.
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After yesterdays success with the Eur/Jpy pair where both our Take Profits were hit giving us +150 pips,the Yen pair for today is the Aussie-Yen. The overall out look is for a stronger Yen. Best TradeCuts
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Hi Everybody, Starting today until Friday we bring for you one new Yen pair everyday. Each day we will update the previous day's pair. For today, its technical analysis on Eur/Jpy. So all you Yen lovers... stay tuned !! Yours Technically TradeCuts. P.S: I will be posting a new pair under this thread each day.
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Hello Everybody, The week starting 17th March we bring to you 3 high probability trade setups. One of which is Usd/Chf which is in a potential Long Zone with a trade quality of 80%. USDCHF broke out of ascending channel, and currently retracing to retest 0.94050 – 0.93700 zone. Retest of this zone will provide a nice “High probability Long “Trade. Best TradeCuts
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Yesterday NZD/USD finally hit our TP2 giving us 38 pips in all. After which it took its nose dive ) Best TradeCuts.
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Metals are in a slow up trend, with correction moves coming to an end, providing a nice opportunity for long. Outlook for Silver – Long
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Hi, While everyone is talking about the Sterling Pound or Euro and their weakening outlook, our currency for today is the New Zealand Dollar. We expect it to go long intraday. Below is our detailed analysis for the pair: Best TradeCuts.
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It was a good day for us across all the YEN pairs and in USD/JPY alone we closed with nearly 60 pips profit. Here is a look at our Before & After Chart. Best.
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The Yen pairs have been behaving erratic to say the least!! Here is what we think about it: JPY outlook Long term trend remains Bullish for YEN pairs. Currently corrective moves are expected which will provide short term Short trades for intraday traders. So take your pips when you can. But don’t get over ambitious with shorts as they may not last long. Outlook – Strong to Weak JPY Usd/Yen outlook for 12th March:
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The Yen pairs have been behaving erratic to say the least!! Here is what we think about it: JPY outlook Long term trend remains Bullish for YEN pairs. Currently corrective moves are expected which will provide short term Short trades for intraday traders. So take your pips when you can. But don’t get over ambitious with shorts as they may not last long. Outlook – Strong to Weak JPY Usd/Yen outlook for 12th March:
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Hello Everyone, This week one of the Trade setups that we have for you is a Euro cross- EUR/CHF. This trade can be held for a few days or untill the condition is met. EURCHF, has been on bullish run and currently tested intermediate strength resistance. Price action indicates Bulls to hold on, and we bank to ride them. Scenario 1 Long Entry 1(1.23715 – 1.23525) TP 1 (1.23985) ,TP2 (1.24690), SL(1.23025) If you decide to take this trade let us know how it worked out for you. Best TradeCuts.
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Its going to be an action filled day with the ECB and BOE rate decision due for release later. With that in mind our currency pair for today is the most feared or is it favoured pair, the EUR/USD. It would be a pleasure to know how your trade turned out. Do let us know. Best TradeCuts.
- 318 replies
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Tuesday began with the Dollar showing signs of weakening against the Japanese Yen. The week started with slow moves for the JPYs, as pairs remained sideways. Currently price action and support and resistance zones still withholding,indicating Strong JPY. Here is our outlook for USD/JPY for today. Best TradeCuts.
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Hi Auto trader, Could you please expand on this divergence theory that you are using. I would be really interested to know how it works. Have you seen good results with this theory? If yes, approximately what percentage? Thanks TradeCuts.
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As the week comes to a close we bring to you two pairs today. The CAD pairs from the USD and YEN series. Expecting the Canadian Dollar to weaken against the US Dollar and Yen. The charts below explain how the movement is expected to happen. Happy trading everyone & have a good weekend! Best TradeCuts.
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The USD remained enigmatic in NY session but Asian session pulled it down indicating weakening USD. Expect the Dollar to show some weakness in Asian and London session , while NY will decide the direction. As for the Pound we are expecting it to bounce up from the 1.5143 to 1.5169 zone. Overall outlook for the USD pairs remains Weak to Neutral.
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Hi Everyone, For yet another day the Usd pairs remain in flux with no clear direction, still testing strong supports. Currently our outlook is cautiously Long.Here is our technical outlook for Eur/Usd. If you take this trade let us know how it worked out for you. Best TradeCuts.
- 318 replies