Sweet Forex Setups For Today

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  • FxSniper1

    current h1 hints at a break down of midrib eyeing 1.71. Hopefully, I can cut in half there.

  • FxSniper1

    Yes. Hopefully, they end well. It is a free trade now heading into the weekend. We shall see what they look like next week. Thanks for lots of wishes!

  • Chris Svorcik

    Going well so far! Great ๐Ÿ™‚

  • FxSniper1

    Yes. Now in with enhanced sl placement

  • Chris Svorcik

    HI FxSniper1, I think your trade entry just got triggered with the GBPAUD. Wish you lots of success with that trade. It looks very bullish to me on the 1 hour chart. Looks like we are getting a trend continuation on that one, but its too early to be certain. Our trading room strategy actually had a long entry signal at 1.7288 earlier today. Almost up a 100 pips now ๐Ÿ™‚ Thanks again for your post and charts!! Cheers!

  • FxSniper1

    I will manually trigger this short anywhere around 1.7330 with the same parameters.

  • FxSniper1

    Thanks Chris. My gbpaud is yet to be triggered but Euraud is on short based on my Daily chart analysis. If gbpaud fails to get triggered, I will be shorting EURAUD only. Like on gbpaud, I will be going for the range low but mindful of mid range support at 1.4628 level.

  • Chris Svorcik

    HI FxSniper1, thanks for the comment and feedback. Hope your trade works out. Personally I remain bullish as price action is very impulsive and I see the 4 hour move down as a retracement… but only time will tell ๐Ÿ™‚ Thanks for the post!

  • Chris Svorcik

    Hi Karen, I have forwarded your message, thanks.

  • FxSniper1

    Agreed with the outlooks on featured pairs. I do think however that Chris may not have noticed the strong rejection signal on gbpaud h4 that could see rates fall well below the 61.8 fib! At this level, this pair is right on a range type of movement and I do believe that we now have a firm signal for another crack at the Range base on or near 1.6800. I have set my sell limit at 1.7350 with a sl of 1.7389 targeting 1.6800. On the flip, I believe AUDUSD has bottomed and is looking for bigger numbers ahead

  • Karen