Here is the chart of cable with the levels I am watching. For the time being, I am looking at potential short near the level. Define your level, and trade your level From the desk of Tradergav.com
I see two possible scenarios for $AUDUSD. I like the fact that it broke through the resistance yesterday, potentially complete the ABCD movement. However, looking at the daily chart, the latest candle/pin bar (if it means anything to you at all!) looks a little bearish now. Let’s see how it goes. Here is the ….. [...]
I don’t expect too much movement in the Friday afternoon (London session). So I will keep the chart for Monday to see if I still have good entry spot. $USDSGD is setting up a potential short opportunity at the current level. I wish I could write a thousand-word blog post to explain the setup to [...]
Focus! Switch off your lousy music collection, and concerntrate on the chart. :LOL Well, $AUDSGD, one of my favourite pair to watch. I see the completion of ABCD formation at the top of channel, and a little ribbon pattern forming while retesting the back of trend line. Have a look at the chart, it is [...]
I have been stalking a short of EURUSD. (Well, who doesn’t?). However, I prefer to see price pushing a little further before establishing short. Let’s see. As the chart shows, we have confluence of channel, hamornic pattern. And if you notice, it is retesting the previous trend lines. OK, here is the….. CHART!!!! Define your [...]
This is a swing trade setup. Cable is moving closer to retest previous broken trend line, and a bullish harmonic pattern is forming. It depends on one’s risk tolerance, I prefer to build entry near trend line. Still watching for now. I expect some reactions at the trend line retest. Here is the … CHART! [...]
Here is another potential swing trade setup I have been looking at. $AUDNZD is testing the established down trend line, and with completion of bearish ABCD formation. I expect price to face resistance at this level. I’ll be watching price action closely next week to confirm my thought. Here is the….CHART! Define your level, and [...]
Here is the short term position I am holding. $EURUSD broke the recent uptrend line, and now previous support turns into resistance. 1st profit target is achieved, position is now risk free, let’s see where the market is going to bring us. Define your level, and trade your level From the desk of Tradergav.com
Trade completed. Click on tabs for setup and update. Here is the potential swing setup I mentioned in my tweet. $EURGBP is moving symmetrically into resistance level. I am watching closely. Pretty straightforward setup, I don’t think I need to write too much here. Here is the… CHART! Here is the updated chart. Define your [...]
Though it might be too early to call for this setup, I thought the chart might give my 12 readers some useful ideas. Anyway, this is assuming GBPJPY hold well around 128.35. I will negate this analysis if the level is broken. I see two potential short opportunities. Here is the ….. CHART! Define your [...]
Welcome to my trading room, and my chart library. I am the full time old fart Asian currency trader, who lives in Melbourne, Australia. The simple rule here :"Define your level, and trade the level, then keep doing it"