KusumFx's Blog

Avatar

EURCHF Trade

EURCHF Trade
My early traded for the new month are USDJPY in play and EURCHF pending enter into a long trade.
USDJPY: I entered around 123.122 area and still in play for a long position.
With euro is showing an over all strength and CHF in the other hand a weakness, I will enter into a long trade if my trade set up is triggered.
Chart is attached and I use 4 HR chart for identifying my trades. Again, my main deciding factor will be the Fib re-tracement and support/resistances.
Best Regards
KusumFx
Read full story
Translate to English Show original
orto leave comments
Avatar

AUDUSD short trade

AUDUSD short trade
Economic calendar for tomorrow (Wed) has a number of events that can cause wild move in euro. I do not and can not speculate the outcome of these news events and wish to stay away and save my capital for another day. This is how I view and approach trading personally. Having said that I am adding a conditional entry to go short AUDUSD if price break below 0.70793 area.
AUDUSD: 4HR chart shows a nice trend line resistance for down trend. My stop loss is above the trend line and…
Read full story
Translate to English Show original
anna_n avatar
anna_n 22 Nov.

good lines!

orto leave comments
Avatar

Current and pending trades: 16th Nov

Current and pending trades:
I entered short GBPUSD at 1.51922 just below near term resistance with the expectation the down trend will continue. This is based on 4 HR chart Fib values. Price has respected the 50% Fib so the probabale scenario is to go short in the interim time frame.
British pound gained overnight against YEN, and considering overall bullish outlook showing against Swiss Frank, I have entered a conditional entry to go long around 1.5265 area. This is in line with my trading stra…
Read full story
Translate to English Show original
orto leave comments
Avatar

Mid week update - Euro short still in play

Mid week update - Euro short still in play
I continue to hold EURJPY and EURCAD short. There are two events in the economic calendar that will probably decide the outcome of these two. That would be EUR German CPI on 12th Nov, 2:00AM EST.
GBP has been gainining strength and I have a conditional entry to enter GBPCHF long trade if the price breaks above 1.52930 area.
USDCAD: Up trend prevails and the price action is above 50 MVA. My intention here is to go long if the price retrace to around 1.32…
Read full story
Translate to English Show original
orto leave comments
Avatar

Mid week update - Euro short still in play

Mid week update - Euro short still in play
I continue to hold EURJPY and EURCAD short. There are two events in the economic calendar that will probably decide the outcome of these two. That would be EUR German CPI on 12th Nov, 2:00AM EST.
GBP has been gainining strength and I have a conditional entry to enter GBPCHF long trade if the price breaks above 1.52930 area.
USDCAD: Up trend prevails and the price action is above 50 MVA. My intention here is to go long if the price retrace to around 1.32…
Read full story
Translate to English Show original
orto leave comments
Avatar

Mid week update - Euro short still in play

Mid week update - Euro short still in play
I continue to hold EURJPY and EURCAD short. There are two events in the economic calendar that will probably decide the outcome of these two. That would be EUR German CPI on 12th Nov, 2:00AM EST.
GBP has been gainining strength and I have a conditional entry to enter GBPCHF long trade if the price breaks above 1.52930 area.
USDCAD: Up trend prevails and the price action is above 50 MVA. My intention here is to go long if the price retrace to around 1.32…
Read full story
Translate to English Show original
orto leave comments
Avatar

Mid week update - Euro short still in play

Mid week update - Euro short still in play
I continue to hold EURJPY and EURCAD short. There are two events in the economic calendar that will probably decide the outcome of these two. That would be EUR German CPI on 12th Nov, 2:00AM EST.
GBP has been gainining strength and I have a conditional entry to enter GBPCHF long trade if the price breaks above 1.52930 area.
USDCAD: Up trend prevails and the price action is above 50 MVA. My intention here is to go long if the price retrace to around 1.32…
Read full story
Translate to English Show original
orto leave comments
Avatar

Mid week update - Euro short still in play

Mid week update - Euro short still in play
I continue to hold EURJPY and EURCAD short. There are two events in the economic calendar that will probably decide the outcome of these two. That would be EUR German CPI on 12th Nov, 2:00AM EST.
GBP has been gainining strength and I have a conditional entry to enter GBPCHF long trade if the price breaks above 1.52930 area.
USDCAD: Up trend prevails and the price action is above 50 MVA. My intention here is to go long if the price retrace to around 1.32…
Read full story
Translate to English Show original
orto leave comments
Avatar

Mid week update - Euro short still in play

Mid week update - Euro short still in play
I continue to hold EURJPY and EURCAD short. There are two events in the economic calendar that will probably decide the outcome of these two. That would be EUR German CPI on 12th Nov, 2:00AM EST.
GBP has been gainining strength and I have a conditional entry to enter GBPCHF long trade if the price breaks above 1.52930 area.
USDCAD: Up trend prevails and the price action is above 50 MVA. My intention here is to go long if the price retrace to around 1.32…
Read full story
Translate to English Show original
orto leave comments
Avatar

Mid week update - Euro short still in play

Mid week update - Euro short still in play
I continue to hold EURJPY and EURCAD short. There are two events in the economic calendar that will probably decide the outcome of these two. That would be EUR German CPI on 12th Nov, 2:00AM EST.
GBP has been gainining strength and I have a conditional entry to enter GBPCHF long trade if the price breaks above 1.52930 area.
USDCAD: Up trend prevails and the price action is above 50 MVA. My intention here is to go long if the price retrace to around 1.32…
Read full story
Translate to English Show original
orto leave comments
More