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Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Trade posted to TAP at 8:45am ET sell USDCHF at 1.1585. Has broken the 4 hour trend line and now testing the bottom. Other confirmations are the newly forming 1 hour down trend line and the .618 fib of…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! USDJPY buy posted to the TAP at 9:37am ET. See my previous post about the long term outlook for this pair. 50% Fib of the previous daily uptrend at 89.95. Looking for support between current price and that daily…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Picking a direction to focus on can be difficult for a short term trader. Consider the USDJPY as a good example of an overall outlook and then bring that down to an intraday focus. Currently the USDJPY Weekly chart…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Trade posted to TAP at 8am ET sell AUDUSD at .9282. Trade based on 4 hour down trend line, test under daily uptrend line, .382 Fib retracement level of 4 hour down trend, historical S/R. Bounce here should target…
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Trade posted to TAP at 11:53am ET, buy GBPUSD at 1.5166. 50% Fib from Daily Chart and historical resistance and support between 1.5160/45. Looking for a bounce back to 1.5190 then 1.5230.
GBP/USD Chart Picture
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Buy posted to TAP at 10:35am ET. Buy USDJPY at 94.05, High Risk. Buying at a convergence of several indicators: 30min up trend line, support at 93.97/94.00, .786 fib of the same uptrend on 30min., bottom of consolidation triangle.…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Trade posted to TAP at 9:28am ET. USDJPY Sell at 93.15 based on 4hr trend line test, 50% fib of previous down trend on 4 hour chart, Tunnel fib at 93.16 and historical supports. Looking for initial bounce back…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Trade posted to TAP at 8:46am ET. Sell GBPUSD at 1.5437. Several technical indicators are lining up here. Expecting a bounce back towards 1.5400. Break of the 1 hour trend line is the main confirmation backed up by a…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Trade posted to TAP at 8:58am ET. Sell AUDUSD at .9285. Trade based on 4 hour trend line break and retest. There is also historical resistance at this same area between .9283 and .9293. Bottom fib level from the…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Sell posted to TAP at 11:02am ET. GBPUSD sell 1.5250. See chart image. Historical S/R along the 1.5250 area . Consolidation triangle seen on the 4 hour chart. Fib at 1.5245 representing the triangle. Short term looking for bounce…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Sell posted to TAP at 9:16am ET. EURUSD at 1.3499. 1.3500 has proven to be a significant barrier for the EURUSD in the past offering support and resistance many times. Since market open this week we have also seen…
Buying 1.3547, stop 3495, target 3877. Will manage before news. If not positive by 23-55 pips before news, will have to consider position for profit. Tomorrows market is either tsunami, or reverse whipsaw which of course is more volatile and less desirable to trade on a special day. Then, may consider the opposing technical view…