Sell Eur/Usd

[west33445]

Originally Posted by Iris

Hello Everyone..........


Cable is in the Target Exit Zone @ 1.8730<>1.8750.

IRIS FX

Iris
Excellent analysis as always. I have also grabbed some USD/CAD shorts. Do you have analysis insights for this p?
Many thanks another great week to you.

[Iris]

Hello West...Everyone.........

West...Thanks my Friend...I'll have a Usd/Cad later today.

1st Euro Buy Zone @ 1.2480<>1.2495
2nd Euro Buy Zone @ 1.2500<>1.2510

Targeting 1.2570<>1.2630<>1.2660

Still holding 1st/2nd Euro Buy Z into the Open.

The Euro the Open has a Low @ 1.2490 off Friday's Low @ 1.2484 to a current High @ 1.2533...the Euro advance Support is building off 1.25<>1.2490 currently with a break @ 1.2540 opening the door North onto Targets.

Euro on the move North with a current High @ 1.2557...a further North break @ 1.2560 has 1.26+ in its Target sights...Euro 1st/2nd Buy Z building momentum.

Euro High currently @ 1.2566 entering the Target Z.

Euro North break @ 1.2570 will Target 1.2590<>1.2600.

IRIS FX

[Iris]

Hello Everyone........

1st Swiss Sell Zone @ 1.2755<>1.2735

Targets @ 1.2700<>1.2660<>1.2600

The Usd/Chf has a High the Open @ 1.2753 a current Low @ 1.2701with a South break @ 1.27<>1.2690 building the decline onto Targets.

Stops @ Breakeven/Profit.

The Swiss is building the Sell Zone Position with a current Low @ 1.2673 that has been slow but steady declining South building momentum out to the 8HR frame to next Targets @ 1.2660<>1.2630<>1.2600 with a South break @ 1.2660 triggering an avalanche of Bull Stops.

The Swiss is @ 1.2660/65 chiseling away for a break onto 1.2630<>1.2600.

The Swiss has a Low @ 1.2656 on 2 attempts to break South @ 1.2660...lets see if the 3rd knock caves in the Support/Stops @ 1.2660/55 onto 1.2630<>1.2600.

The Swiss breaks the 1.2660/55 Support to a Low @ 1.2639...lets watch for 1.2660 to Reverse into Resistance to set the Low today in 1.2630<>1.2600 our Target Z.

IRIS FX

[Iris]

Hello West...Everyone...........

I have also grabbed some USD/CAD shorts. Do you have analysis insights for this p?

West...OPEC meeting Thursday on a 1ML BL production cut will firm this Resistance in Usd/Cad @ 1.1450<>1.1425 on a Price extension...building Sell Zone Positioning the 1.1385<>1.1410 levels is a 1st Usd/Cad Sell Zone...with extension 2nd Usd/Cad Sell Zone @ 1.1425<>1.1450 as we may retest again over 1.1400 with the current High @ 1.1398. Canadian is ripe for a South move to firm on OPEC's release Thursday.

1st Usd/Cad Sell Zone @ 1.1385<>1.1410
2nd Usd/Cad Sell Zone @ 1.1425<>1.1450

Targets @ 1.1330<>1.1300<>1.1250

IRIS FX

[mosad2]

Iris
I have a question for u
if u know that price will extend to 1.1425
why dont u wait position there instead of positioning at 1.1385 then 1.1425 increasing ur risk??
this Q applies to alll currency ps
Just wanna know coz ur trading style seems strange

[west33445]

Originally Posted by Iris

Hello West...Everyone...........



West...OPEC meeting Thursday on a 1ML BL production cut will firm this Resistance in Usd/Cad @ 1.1450<>1.1425 on a Price extension...building Sell Zone Positioning the 1.1385<>1.1410 levels is a 1st Usd/Cad Sell Zone...with extension 2nd Usd/Cad Sell Zone @ 1.1425<>1.1450 as we may retest again over 1.1400 with the current High @ 1.1398. Canadian is ripe for a South move to firm on OPEC's release Thursday.

1st Usd/Cad Sell Zone @ 1.1385<>1.1410
2nd Usd/Cad Sell Zone @ 1.1425<>1.1450

Targets @ 1.1330<>1.1300<>1.1250

IRIS FX

Thank you Iris. It is good to see that my thoughts on this p are in line with your views. I too am building a short position in this p with the 61.8 Fibo level drawing close (1448) it appears as a good RR trade.

Thank you again for your views good trades to you your viewers.

[Iris]

Hello Everyone..........

West...OPEC meeting Thursday on a 1ML BL production cut will firm this Resistance in Usd/Cad @ 1.1450<>1.1425 on a Price extension...building Sell Zone Positioning the 1.1385<>1.1410 levels is a 1st Usd/Cad Sell Zone...with extension 2nd Usd/Cad Sell Zone @ 1.1425<>1.1450 as we may retest again over 1.1400 with the current High @ 1.1398. Canadian is ripe for a South move to firm on OPEC's release Thursday.

1st Usd/Cad Sell Zone @ 1.1385<>1.1410
2nd Usd/Cad Sell Zone @ 1.1425<>1.1450

Targets @ 1.1330<>1.1300<>1.1250

Sold the Usd/Cad @ 1.1410 ...current High @ 1.1413...will seek to add further Usd/Cad Sell Z within 1.1425<>1.1450 if reached.

Contrarian Positioning is Strange...but Effective.

IRIS FX

[delux_]

Hi Iris
I've sold the Usd/Cad@1410 as well but I'm not sure about the target
Would you please give me some advice?
tnx