Sunday, August 17, 2014

Weekly watchlist 8/17

Good Day Traders!!

Finally on Friday I had the correction in the USD that I wanted so badly! So now I'm once again free from positions and ready to start the exiting trading week to come! 

I'm out with profit from USDCHF and USDCAD both shorts that went against me a little bit, before heading straight down to my TP's. 

For next week I'm planing to follow the new trends that are starting- USD long, AUD short and NZD short.

Here are my charts for next week:


AUDUSD


After the triangle break, I'm still looking for short on any sign of weakness. right now price is against 20 DMA resistance and overbought stochastic- for me this is the sweet spot!! SHORT ON ANY PULLBACK. 

EURUSD


Waiting for the range to brake either way before taking any trades. 

GBPUSD


GBPUSD is in a strong downtrend. Im waiting for a bear flag here before the continuation to the downside.

NZDUSD 


Down trending. currently pair is reacting to MA's, Looking to short.

USDCAD



Nice bullish candle on trend line support and 20 MA. Stochastics is oversold- this is where I buy!!

USDCHF


Triple Top on resistance and heading to next support. I will buy on support (trendline/ MA).

USDJPY


This pair is correlated with SPY. I will look for weakness in SPY before shorting this pair. 


Have Fun!!

Niv Goren. 

Sunday, August 10, 2014

Weekly Watchlist 8/10/2014

USD getting stronger, we hear continuos talks regarding the ISIS problem in Iraq and the possibility of an Amrican intervention there. Add the fact that  S&P 500 decreased this week and you get the potential for a very volatile week.  

Here are my charts for next week:

AUDUSD


After breaking the triangle set-up, we pulled back to DMA only to continue to the downside. Looking for more shorts.

EURUSD 


Still in a downtrend, looking to short from one of the DMA's.

GBPUSD


Getting oversold, looking to buy on 200 DMA. 

NZDUSD


Very week, holding below DMA, looking for a bear flag break down then short.


USDCAD


Very strong, holding above resistance- looking for longs. 


Remmember to always trade with good money managment and undestanding! 


Sunday, August 3, 2014

Weekly watchlist 8/3/2014

Hi Traders!

This week was wild!! We finally had the correction in all EUR pairs and USD gained some strength agains all pairs. SPY is down hard! so where are we heading? Here are my charts for next week:

AUDUSD


AUDUSD broke its triangle, now heading to the down side. Im waiting for any correction or bear flag before I can join the downside here.

EURAUD 


I'm expecting a reaction here on the MA for a small correction down, before the continuation to the upside. 

EURCAD


EURCAD made a band to band move, Im already shorting, looking to add if it continue up. 

NZDUSD


NZDUSD is reacting to the MA creating a nice reversal pattern- looking for longs. 

USDCAD


USDCAD is very extended to the upside, looking for shorts now. 


July Results

Here are the results for August. Weak month for me as all the pairs I traded went against me for the most of the month. Made total of 3603 USD in profit on 76k account. 







Monday, July 28, 2014

Weekly watchlist 7/28/2014

Hi Traders!

This is my watchlist for next week. All Euro pairs keep going down following the Euro decline against the USD. The USD strengthening against almost all currencies and NZD gets to an oversold point. Here are my charts:

EURCAD



EURCAD is holding below 20 MA for now. Looking for a continuation to the downside- but also keeping an eye on EURUSD that is currently oversold.

EURJPY


EURJPY is very weak, waiting for bearish flag break for shorts. 

EURAUD



EURAUD has similar stracture to EURJPY, waiting for bear flag break. 

GBPUSD


GBP is pulling back to the 50 DMA, still bullish. waiting for a reaction here to the upside. 

NZDUSD


NZD is over sold, looking for a bounce here. 

USDCAD


Came up strong, looking for a bullish setup ( a flag?).


Remmember money management!! Enjoy trading. 








Thursday, July 10, 2014

Good day traders!!! 
I sold some EURAUD, here are the details… Good luck!!



Update:

It went down way more than I expected!! Made 86.1 USD on this trade. 








Sunday, July 6, 2014

6/7 Weekly watchlist


This is my Forex watch list for the week to come, have fun trading!

GBP/USD

went up for a couple of days. looking to short this one once i'll get a nice short set up. it might take a few more days. Stochastic is also extended. 



AUD/USD

we had a nice bullish triangle break, only to fade back to the downside. I'm looking for a break down now below the trend line. 



EUR/JPY

flagging, have nice potential to the short side.



EUR/GBP

This one is very extended to the downside, looking for a long set-up.



EUR/AUD

Stuck in a range, waiting for a break either way.



USD/CAD

broke the up trend line. Now consolidating below the line. Looking to short.