The market is very shaky as we have expected ahead the meeting of the FED on Wednesday and a lack of fundamentals is also not really helpful for the liquidity!
We currently see a correction in SPX500 after a breakout which could give us the chance to follow the current trend.
In terms of correlations it might give us some impulses of MAJORS vs. DXY to the upside and so opportunities to buy them as a risk-on-mood means pressure for USD.
https://www.tradingview.com/x/x0hk5SlA/
Here are the January 2021 updated Swing Trade Recap 😊
.
Here we don't hide our result and we always transparent with all members ✌️
.
📲 Message our supports to sign up @fxpepe
💻 www.lcfxpro.com
#10 AUDNZD BUY LIMIT ORDER
ENTRY : 1.0750
STOP-LOSS : 1.0715 (-1%).
TARGET : 1.0840 (+2.57%).
Approximately length of hold : 7-12 trading days.
Only risk the money you can afford to lose‼️
1% risk max is highly recommended.
https://www.tradingview.com/x/DiCkD5q1/
#9 AUDCHF BUY LIMIT ORDER
ENTRY : 0.6825
STOP-LOSS : 0.6785 (-1%).
TARGET : 0.6900 (+1.87%).
Approximately length of hold : 7-12 trading days.
Only risk the money you can afford to lose‼️
1% risk max is highly recommended.
https://www.tradingview.com/x/DZdXiruT/
Nice feedback by one of our members who has passed the first stage of the FTMO-Challenge to get an 100k-Account.
It´s amazing to see that we can help.🙏
📲 Message our support to sign up @fxpepe
💻 www.lcfxpro.com
AUD/USD re-testing important zone after breakout 👉 https://www.tradingview.com/x/8dJ2jZ0p/
Could give us a great opportunity to go long one more time for this week if setup gets confirmed.
AUDUSD
_____
Given the analysis that I shared yesterday was on a long bias, today we saw a strong sellers break below the intended area where i plan to look for long opportunity, as we are still in the bullish structure the current short analysis will be a counter trend trade. Put into consideration above Major banks forecast for Q1 as some of them forecasting the price can be traded as low as 0.6800 level.
EURJPY
________
Took a month for EURJPY to breakout the ranging periods, now that bulls finally manage to break above 127.00 level I will look at the retest or the rejections above this level to find a long opportunity, but put into considerations the above Big Banks forecast on EURJPY for a whole Q1 2021 as 127.00 is the highest bid, so big rally are very unlikely.
EURUSD
_________
We saw a strong rejections below 1.23 handle which gave an opportunity to look for a long entry, confluences are lining up nicely as Friday trading session closed above the recent support and resistance level. I will look for a long entry as long as price trading above 1.22 level. Looking at the CoT report long positions reman solid still.
#12 CHFJPY SELL MARKET ORDER
ENTRY : 117.133
STOP-LOSS : 117.433 (-30pips) (-1.00%).
TARGET : 116.000 (+113pips) (+3.78%).
Approximately length of hold : 7-12 trading days.
Only risk the money you can afford to lose‼️
1% risk max is highly recommended.
https://www.tradingview.com/x/jmEHn5px/
#11 USDCAD SELL MARKET ORDER
ENTRY : 1.2720
STOP-LOSS : 1.2765 (-1.00%).
TARGET : 1.2600 (+2.68%).
Approximately length of hold : 7-12 trading days.
Only risk the money you can afford to lose‼️
1% risk max is highly recommended.
https://www.tradingview.com/x/cMRxmh2v/
Happy Weekend everyone 😉
Here are the weekly trade-results for Day-Trade Signals Premium Group week #03 18.01.2021 - 22.01.2021
.
Here we don't hide our result and we always transparent with all members ✌️
.
📲 Message our supports to sign up @fxpepe
💻 www.lcfxpro.com
#8 USDCHF BUY LIMIT ORDER
ENTRY : 0.8850
STOP-LOSS : 0.8815 (-1%).
TARGET : 0.8940 (+2.5%).
Approximately length of hold : 7-12 trading days.
Only risk the money you can afford to lose‼️
1% risk max is highly recommended.
https://www.tradingview.com/x/nV48Y5Bg/
USD/CAD has re-tested an important sell-zone at the daily key-resistance 👉 https://www.tradingview.com/x/Iwpcm994/
We might take another sell here!
#7 EURUSD BUY LIMIT ORDER
ENTRY : 1.2085
STOP-LOSS : 1.2050 (-1%).
TARGET : 1.2170 (+2.4%).
Approximately length of hold : 12-14 trading days.
Only risk the money you can afford to lose‼️
1% risk max is highly recommended.
https://www.tradingview.com/x/wyrgPaHn/
EURUSD
_____
US Dollar continue its gain since Friday last week, Currently the fall was stopped by the ascending channel support from Nov 2020 low which also supported by the 200MA. I will pay close attention at current level as the potential break or bounce movement will surely rewarding. Take a look at some of the major Bank forecast for Q1 2021 some of them forecasting the low at 1.18 and the high at 1.25.
Here is the January Mid-Week Closed trade recap on our Swing-Group . Its a positive beginning as we start the month steady and cautiously.
The new week is just started and we are ready with all new setups✅
📲 Message our support to sign up @fxpepe
💻 www.lcfxpro.com
AUDUSD
__________
A solid break out at the 0.7740 minor resistance level might give a good entry to go long as bulls would like to retest the weekly major level at 0.7800.