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Tuesday, March 17, 2020

Weekly Pivot March 16, 2020 Part 2

PAIRS
XAUUSD AUDUSD EURUSD GBPUSD
High 0.64467 1.39942 0.95680 108.493
Low 0.60056 1.35164 0.91819 101.171
Close 0.60629 1.37973 0.95028 107.983
Pivot Point 0.61717 1.37693 0.94176 105.882
Classic Pivot
R1 0.63379 1.40222 0.96532 110.594
R2 0.66128 1.42471 0.98037 113.204
R3 0.67790 1.45000 1.00393 117.916
R4 0.70539 1.47249 1.01898 120.526
S1 0.58968 1.35444 0.92671 103.272
S2 0.57306 1.32915 0.90315 98.560
S3 0.54557 1.30666 0.88810 95.950
S4 0.52895 1.28137 0.86454 91.238
Fibonacci Pivot
R38 0.63394 1.39509 0.95643 108.665
R61 0.64408 1.40608 0.96531 110.349
R78 0.65158 1.41420 0.97187 111.593
R100 0.66128 1.42471 0.98037 113.204
R138 0.67805 1.44287 0.99504 115.987
R161 0.68819 1.45386 1.00392 117.671
R200 0.70539 1.47249 1.01898 120.526
S38 0.60041 1.35877 0.92708 103.100
S61 0.59027 1.34778 0.91820 101.416
S78 0.58277 1.33966 0.91164 100.171
S100 0.57306 1.32915 0.90315 98.560
S138 0.55630 1.31099 0.88847 95.778
S161 0.54616 1.30000 0.87959 94.094
S200 0.52895 1.28137 0.86454 91.238

Weekly Pivot March 16, 2020 Part 1

PAIRS
XAUUSD AUDUSD EURUSD GBPUSD
High 1703.36 0.66842 1.14950 1.3199
Low 1504.52 0.61197 1.10539 1.22502
Close 1529.20 0.61829 1.11089 1.22745
Pivot Point 1579.03 0.63289 1.12193 1.25746
Classic Pivot
R1 1653.53 0.65382 1.13846 1.28989
R2 1777.87 0.68934 1.16604 1.35234
R3 1852.37 0.71027 1.18257 1.38477
R4 1976.71 0.74579 1.21015 1.44722
S1 1454.69 0.59737 1.09435 1.19501
S2 1380.19 0.57644 1.07782 1.16258
S3 1255.85 0.54092 1.05024 1.10013
S4 1181.35 0.51999 1.03371 1.06770
Fibonacci Pivot
R38 1654.59 0.65434 1.13869 1.29351
R61 1700.32 0.66733 1.14883 1.31533
R78 1734.12 0.67692 1.15633 1.33146
R100 1777.87 0.68934 1.16604 1.35234
R138 1853.43 0.71079 1.18280 1.38839
R161 1899.16 0.72378 1.19294 1.41021
R200 1976.71 0.74579 1.21015 1.44722
S38 1503.47 0.61144 1.10516 1.22140
S61 1457.73 0.59846 1.09502 1.19958
S78 1423.93 0.58886 1.08752 1.18345
S100 1380.19 0.57644 1.07782 1.16258
S138 1304.63 0.55499 1.06105 1.12652
S161 1258.89 0.54201 1.05091 1.10470
S200 1181.35 0.51999 1.03371 1.06770

Monday, March 9, 2020

Potential Trade on GBPJPY Invalidated

Trade is currently invalidated as there is a gap during the opening of the market and open price is currently below the SL of the initial trade that we are looking into.

Sunday, March 8, 2020

Potential Trade: March 3, 2020


Pair :  GBPJPY
Time Frame : H4 
Open Price :  137.800
SL : 136.300
TP :  138.80, 139.40, 140.70

Note: Looking for a possible reversal / correction on the Guppy at the H4 timefram. Stochastic is showing the pair as getting out of the oversold area and starting to go up. MACD is showing a possible bullish divergence. I am looking at the break of the SMA (30) for a confirmation before entering. I set a buy stop at 137.80 as it is both above the SMA(30) and it breaks the recent bullish candle high. I placed the SL at 136.300 (below recent low ) and am looking at partial TPs at 138.80 and 139.40 which are recent rejection areas. And final TP at 140.70 which is around 50% fib of the recent swing.

Weekly Pivot March 9, 2020 Part 2

PAIRS
XAUUSD AUDUSD EURUSD GBPUSD
High 0.63712 1.34634 0.98147 108.570
Low 0.61930 1.32406 0.96092 104.986
Close 0.63501 1.33912 0.96505 105.277
Pivot Point 0.63048 1.33651 0.96915 106.278
Classic Pivot
R1 0.64165 1.34895 0.97737 107.569
R2 0.64830 1.35879 0.98970 109.862
R3 0.65947 1.37123 0.99792 111.153
R4 0.66612 1.38107 1.01025 113.446
S1 0.62383 1.32667 0.95682 103.985
S2 0.61266 1.31423 0.94860 102.694
S3 0.60601 1.30439 0.93627 100.401
S4 0.59484 1.29195 0.92805 99.110
Fibonacci Pivot
R38 0.63725 1.34497 0.97696 107.640
R61 0.64135 1.35010 0.98168 108.464
R78 0.64438 1.35389 0.98518 109.073
R100 0.64830 1.35879 0.98970 109.862
R138 0.65507 1.36725 0.99751 111.224
R161 0.65917 1.37238 1.00223 112.048
R200 0.66612 1.38107 1.01025 113.446
S38 0.62371 1.32804 0.96134 104.916
S61 0.61961 1.32292 0.95661 104.091
S78 0.61658 1.31913 0.95312 103.482
S100 0.61266 1.31423 0.94860 102.694
S138 0.60589 1.30576 0.94079 101.332
S161 0.60179 1.30064 0.93606 100.507
S200 0.59484 1.29195 0.92805 99.110