$AUDJPY–5th wave continuation?

Currently we are @ 86.86 and just breaking through the 1.618 Fibo. This is a continuation of our January Pay Your Mortgage trade stated at 84.50. We are looking for a move to the 2.270 Fibo top @ 86.67. The average daily true range (ATR) for the pair currently is 73 pips.


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$GBPAUD–channel continuation?

Currently we are @ 1.6270 and in a channel. We are looking for a move to the 0.214 Fibo @ 1.6143 and then a continuation to the 1.6004 later this week. The average daily true range (ATR) for the pair ...

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Pay Your Mortgage Trade Idea for January 2017 UPDATE

We started this trade on January 4th at around 84.50 looking for an overall target of 89.86 ( 493 pips potential not counting pullbacks). We have progressed to the first major resistance at 87.73 which means we are up ...

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Target Trading in the Forex week of January 15th

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$AUDJPY–channel continuation?

Currently we are @ 85.83 and in a channel. This is our Pay Your Mortgage trade for January and are looking for a move to the 1.270 Fibo @ 86.28 and then a continuation to the 86.75 later this week. ...

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$EURUSD–Pennant break?

Currently we are @ 1.0506 and out of a pennant in a down channel. We are looking for a move to the 0.214 Fibo @ 1.0463 and then a continuation to the 1.0372 later this week. The average daily true ...

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$AUDNZD–channel break?

Currently we are @ 1.0530 and out of a well-built down channel. We are looking for a move to the 1.618 Fibo @ 1.0585 and then a continuation to the 1.0700 later this week. The average daily true range (ATR) ...

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December Pay your Mortgage Trade UPDATE

Started this trade on December 6th. 2016 - it is still going our way so we have not exited. Plus 491 pips not counting add ons. Here are the two screenshots.

Now


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Target Trading in the Forex week of January 8th , 2017

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0531 in a large channel. We are anticipating an upward move in USDX which would create further selling pressure on this pair. We are looking to continue ...

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$GBPCHF–continuation?

Currently we are @ 1.2521 and in a sideways move. If we can break the 1.2500 we are looking for a move to the 0.500 Fibo @ 1.2404 and then a continuation to the strong support @ 1.2285 later this ...

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$EURNZD–continuation?

Currently we are @ 1.5019 and have completer the turn at the top of a day chart trend. We are looking for a move to the square up @ 1.4900 and then a continuation to the strong support @ 1.4943. ...

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January’s Pay Your Mortgage Trade Setup Idea

This month's ProAct Traders “Pay Your Mortgage Trade” idea is found in the AUDJPY pair.

I see that we have just finished a 4th corrective wave and anticipating the 5th wave to the up side. We already are ...

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