In terms of scheduled economic releases there is nothing that concerns me over the this week and next. I will also be watching developments on the trade deal, this still has the potential to blast the SPX south. And of course Trumpy could rumble ...

S&P500 Futures Talks & Ideas

The SPX is continuing to make new highs. A good level is now in place at ~ 3078. This level should offer sufficient support to the upside provided the price action offers an entry. image

S&P500 Futures Talks & Ideas

I like your idea for the thread. Equities and indices do not have a focused site on FF as yet. I trade the SPX from key support / resistance areas with a few different approaches. I have marked some levels on the chart that I will be watching for ...

S&P500 Futures Talks & Ideas

USD/JPY Level in focus is 109.7 and the 50% Fib retrace from the Oct 2018 high. image

Nearly Naked (Simple Trades)

Price reacted from support at 1.1069 and moved to current high, slightly missing my target level to go long. I am currently bullish on this pair in the short term (next week or two) and will closely watch how price reacts to crucial support and ...

Nearly Naked (Simple Trades)

I have updated my charts for the NZD/USD and AUD/USD. I see some potential short trades on the AUD/USD 4H depending on price action and events over the next week or so. 0.699 - 0.700 has acted significant S/R and I would expect a reaction of this ...

Nearly Naked (Simple Trades)

Based on the current situation 3022 is my preferred level to go long. I would also look at this level to short scalp if price breaks down from these all time highs. Further down the chart I have marked 2960 and 2932 as levels to catch either a short ...

S&P500 trading

Looking at the SP500; Currently bullish with a pullback level at 3022.4 that jumps out (previous all time highs ). Based on the current situation this is my preferred level to go long. I would also look at this level to short scalp if price breaks ...

Nearly Naked (Simple Trades)

Hi Shahab, good to hear from you. I found this thread really useful back in the day when Saxon and his cohorts were active. For that reason I thought I would try and put some life back into it.

Nearly Naked (Simple Trades)

Long from 0.64351 was successful, with more upward strength in this pair a move to 0.649 - 0.650 could be on the table. image

Nearly Naked (Simple Trades)

Pretty straight forward pull back to a reliable S/R level at 1.1062 - 65. Second lower level level at 1.1000. image

Nearly Naked (Simple Trades)

Hi All Chart below shows S/R levels on the NZD/USD 4H chart. There is some significant Fib confluence at 0.6448 - 0.650 level and major S/R here too. Price should reacted well at this level and provide a short opportunity. Potential long leading up ...

Nearly Naked (Simple Trades)

I recommend reading the "No Brainer Trades" thread. Despite the sound of the title this thread is full of invaluable info that all FX traders would learn from. Fibs are also covered in this body of work. url

New To Forex and Need Advice!

SP500 trade triggered late in Friday's session at 2947.7 and reversed off the level in the last hour of trading. image image

S&P500 trading

Simple technical setup. Long from 2948, target 2-4% of index value. Beware of NFP, ISM PMI's and GDP data for volatility. image

S&P500 trading

I think there is a good chance of these levels acting as support with price making a second attack on the 2.075 23.6% Fib retrace in the near term. Volatility is rising so penetration into the supply zone could easily go as far as 1.95 -1.96. ...

Medium & Long Term ONLY

NZD/USD - More downside expected in the mid term. Recent rejection of the monthly pivot has left price in temporary consolidation. Chart highlights zones to load short if a pullback occurs from current levels. image

Medium & Long Term ONLY

Job done, 3 day move 200+pips. More downward pressure very likely to break this demand zone.

Medium & Long Term ONLY

Indicators that are based on simple statistical manipulations of historic data are useless IMHO. An understanding of market driving forces will allow an individual to develop the confidence to take positions and hold them or cut them as necessary. ...

How to detect the end of a trend?

image EUR/USD has accumulated some buyers at the demand zone and rallied 140pips or so. The bounce occurred 20pips above my entry price leaving me out of the action here. If I were in this position I would be looking for 100pips more and out. ...

Medium & Long Term ONLY