Category «Trading»

Trade Setup: USD/ZAR Short

This pair seems to be overbought on the stochastics right around the top of a downward trend. Additionally, it appears to be getting repelled by the cloud. I’m looking for a move at least back down to the weekly pivot. UPDATE: I’m in at 14.55360. UPDATE: Well, my target was hit, but instead of sticking …

Trade Setup: USD/JPY Long

With some hidden divergence and a missed pivot I’m looking for this guy to move back up…at least to the downward trendline. UPDATE: I’m in at 101.14. UPDATE: Out at 103.282…I’m going to look for another entry lower.