Scott Barkley
  • Male
  • Round Rock, TX
  • United States
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Latest Activity

Scott Barkley posted a blog post

$USDJPY- Wedge breakout?

Currently we are at 101.41 in  a breakout of the rising wedge which is bearish..  We are looking for a move down to the 0.618 Fibo @ 100.56  then a bounce.    The current average daily trading range (ATR) is 102  pips.See More
3 hours ago
0 Comments
Scott Barkley posted blog posts
yesterday
pixta commented on Scott Barkley's blog post $USDCAD- Trying to go?
"I like your Tags... modesty is clearly not your thing... hehe"
Wednesday
Scott Barkley posted blog posts
Tuesday
Scott Barkley posted blog posts
May 17
Scott Barkley posted blog posts
May 14
Scott Barkley posted a blog post

$EURUSD- breakout?

Currently we are at 1.2995.  IF we can break this support, we are looking for a continuation to the support @ 1.2892 and then the S5  support  @ 1.2868. The current average daily trading range (ATR) is 110 pips.See More
May 10
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Scott Barkley posted blog posts
May 9
Scott Barkley posted a blog post

$EURAUD- breakout?

Currently we are at 1.2908. We are looking for a retracement and  then a continuation up to the Wave 1 R6 Resistance @ 1.2975 then the R4 Resistance later @ 1.2967. We are bullish.    The current average daily trading range (ATR) is 106 pips.See More
May 7
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Scott Barkley posted a blog post

$AUDUSD- breakout?

Currently we are at 1.0236..  We are looking for a breakdown to the  lower trend wall at around 1.0176 and then a small retracement for a continuation to theS5 support  @ 1.0116.  The current average daily trading range (ATR) is 76 pips.See More
May 6
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Scott Barkley posted a blog post

$EURAUD-breakout?

Currently we are at 1.2760  and the C part of an A-B-C should get underway after NFP  .  A couple of different scenarios.  1:  a bounce @ 1.2750  for a double top @ 1.2850.  2: A break of the uptrend line would trigger shorts to at least the .214 Fibo support @ 1.2626. The average daily true range (ATR) for the pair currently is 103 pips.…See More
May 3
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Scott Barkley posted a blog post

$NZDJPY- breakout?

Currently we are at 83.36  and the long awaited bounce has occurred  .  We are looking for a break of the wedge and then a move above the 83.65 would target  the R5 @ 84.32.  After that a continuation up to the 0.214 fibo  @ 85.16.  The current average daily trading range (ATR) is 158  pips.See More
May 2
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Scott Barkley posted blog posts
May 1
Scott Barkley posted a blog post

$AUDUSD- breakout?

Currently we are at 1.0343  and the long awaited breakout has occurred  .  We are looking for a small retracement at the R3 @ 1.0366  then a continuation up to the resistance @ 1.0460.  The pullback may show this to only be a correction for a continued down move so watch that. The current average daily trading range (ATR) is 92 pips.…See More
Apr 29
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Scott Barkley posted a blog post

Target Trading in the Forex upcoming week of April 28th ,2013

$EURUSDWhat Forex Target Traders See:  We are currently sitting @ 1.3042 in a wedge so this could go either way.  A couple of different scenarios.  1:  bull move- a break to the S5 @ 1.2892 with resistance at 1.3150  2: Bear move- a break to the R3 @ 1.3099 with support at 1.2846.  The average (14 day) daily true range (ATR) for the pair currently is 99 pips. …See More
Apr 27
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Scott Barkley commented on Scott Barkley's blog post $AUDUSD- breakout?
"I agree!!!  Let the trades come to you!"
Apr 27

Profile Information

About Myself
I am a full time Forex trader and President of ProActTraders.com. I have been trading for 10 years and also teach Forex Trading around the world.
Trading style
Target trading intra-day
Current Broker
FXDD

Scott Barkley's Blog

$USDJPY- Wedge breakout?

Posted on May 24, 2013 at 1:32pm 0 Comments

Currently we are at 101.41 in  a breakout of the rising wedge which is bearish..  We are looking for a move down to the 0.618 Fibo @ 100.56  then a bounce.    The current average daily trading range (ATR) is 102  pips.…

Continue

$GBPCHF- breakout?

Posted on May 23, 2013 at 1:10pm 0 Comments

Currently we are at 1.4579 on support.  We are looking for a small retracement then a continuation down to the 0.382 Fibo @ 1.4543 and then theS5 support @ 1.4444. The current average daily trading range (ATR) is 114 pips.…

Continue

$USDCAD- Trying to go?

Posted on May 22, 2013 at 1:34pm 1 Comment

Currently we are at 1.0324. IF we can break this top we are we are looking for a move to the 1.0363 Day top and then a continuation up to the R5 resistance @ 1.0397.  We are bullish.    The current average daily trading range (ATR) is 65 pips.…

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$AUDUSD- will it go?

Posted on May 21, 2013 at 1:01pm 0 Comments

Currently we are at 0.9788 trying to break out of a bear flag..  We are looking for an initial move to the double bottom @ 0.9711  then a continuation up to the S7 support  @ 0.9596. Watch for a bounce there. The current average daily trading range (ATR) is 101 pips.…

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