Forex Trading Library

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61.8%

Trade of the Day – EURJPY – Dip buying close to the confluence area

Ian Coleman May 16, 2019 547 0

EURJPY - Intraday - We look to Buy at 122.10 (stop at 121.65) The rally was sold and the dip bought resulting in little net change yesterday. A sequence of intraday lower lows and highs has been posted. Levels close to the 61.8% pullback…
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Trade Ideas

Trade of the Day – EURUSD – Buying dips with correction limited

Ian Coleman May 2, 2019 324 0

Reverse trend line support comes in at 1.1158
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Trade Ideas

EURUSD – Reverse Head and Shoulders forming at confluence area

Ian Coleman Mar 28, 2019 361 0

Possibly forming a bullish reverse Head and Shoulders pattern. A break of 1.1460 would confirm the outlook.
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Trade Ideas

EURUSD – Moving lower in the wedge. Limited selling

Ian Coleman Mar 8, 2019 482 0

. A break of 1.1436 and the measured move target is 1.1815 making this a solid risk/reward set up
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Trade Ideas

AUDUSD – Buying dips after the AB-CD correction

Ian Coleman Mar 1, 2019 350 0

Mixed trading. Can be seen in three-waves, common in corrective formations. An AB=CD formation would take the pair to 0.6970. The 61.8% pullback level is located at 0.6955. This could then form a bullish reverse Head and Shoulders pattern.…
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Trade Ideas

EURCHF – AB=CD located at the 61.8% pullback level 2018-07-17

Ian Coleman Jul 17, 2018 302 1

We look for a bearish 5 wave Elliott wave count to be completed at 1.3668. Immediate price action to the upside has been mixed and volatile, common in corrective formations
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