Trading Ideas
Rand Weakening
Thu, 15 Feb 2018 13:15:10 -0600
The rand looks to possibly head up towards the R11.75 level, looks to be oversold and these look like buying levels. Currently the rand is strong and because of political sentiment. Though ST, looks to weaken and rebound to the R11.75 level. Though it will trade to a lower level in the upcoming weeks and months. Looking at the current formation, it looks to be a possible inverted H&S, making the rand bearish.
Buy USD-USDZAR Technical Analysis
Thu, 15 Feb 2018 00:49:58 -0600
USD under-valued and momentum in both the weekly and 4HR charts shifting from oversold territory. Short term targets at 12 with stops at 11.64
Long set up, The market is ready to change the Tape
Wed, 14 Feb 2018 01:30:03 -0600
tread carefully, use exit points as stop loss. throw more money in the position every 2% up price i will not be hold responsible for any losses or damage done to you by this idea
This reallyy crashed.
Mon, 12 Feb 2018 20:05:25 -0600
This pair made me wrong. Outperforming than Turkey. Crashed and broke all supports. So. Lets look close and watch the down trend lines.
Planet of the Apes Trade II
Mon, 12 Feb 2018 03:42:29 -0600
After a successful 1st attempt we reenter here. With less risk since Today is NEWS DAY. There might be some BS optimism coming today with Zuma potentially being ousted. Our bet is it won't be pretty. But we will go long more aggressively after this shakes out. Be careful.
USDZAR Potential Retest & Long Term Long
Fri, 09 Feb 2018 06:14:25 -0600
Currently on a Weekly retest, will be expecting a Long trade once we get the reversal pattern completion. Currently in a Short down to bottom of range / Trend-line.
USDZAR, Elliott Wave Analysis & Parallel Channel.
Fri, 09 Feb 2018 05:00:07 -0600
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USDZAR - active trade. Short
Tue, 06 Feb 2018 14:36:23 -0600
See Chart. (an related posts) Short @ 11.98745
USD/ZAR 4H Chart: Started appreciating
Tue, 06 Feb 2018 04:05:20 -0600
The US Dollar Continued to appreciate against the South African Rand after it reached the dotted support line near the 11.80 level on January 23. After testing the 50.00% Fibonacci retracement level, the pair started moving back in the opposite direction. This retracement can be measured by connecting the high at 12.55 and the low at 11.80. The pair are stranded between the upper boundary of the dotted line and the 100—hour simple moving average at the time of the analysis. Everything being equal, the USD/ZAR pair is likely to retrace south to test the weekly pivot point at the 12.00 mark.
USDZAR : BUY SETUP
Tue, 06 Feb 2018 01:52:13 -0600
TP : 12.7100 SL : 11.8000
USDZAR
Mon, 05 Feb 2018 10:45:45 -0600
Unfortunately my last buy limited order was never triggered. You can see on the chart price went right to my buy point a few times, but due to the spread, it was not triggered. USDZAR is currently at a consolidation area. It has had trouble breaking out of 12.09 area, having a strong price rejection at that resistance area. That rejection could indicate a retrace to previous support area. With that being said, my S.T. bias is neutral to bullish, but that should get more solidified in the next few hours. (See below charts) A close below ~11.994 area would shift S.T. to bearish. I am placing a buy limited order (see chart for details). I'll reduce my SL as (if) the trade moves in my direction. M: https://www.tradingview.com/x/9xjhY1Ud/ W: https://www.tradingview.com/x/g1glTpJA/ Last completed candle is bullish. Bullish momentum. Could easy retrace to 12.307 area. D: https://www.tradingview.com/x/P2ZHlBmS/ As I mentioned in previous post, I didn't have high degree of confidence the upper resistance area of a consolidation zone had been formed yet. Lower support clear has. Last week price action was bearish until Friday. With Friday's strongly bullish close, momentum is with the bulls IF price can get back over 12.0964.
USDZAR
Sun, 04 Feb 2018 17:40:37 -0600
Quick trade
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