All Blog Posts Tagged 'Training' (623)

$USDJPY- Range or break?

Currently we are at 101.96 in a range .   A bounce in the range and look to go back to 102.89.  A break out look to the 100.71 area.  The average daily true range (ATR) for the pair currently is 112 pips.…

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Added by Scott Barkley on February 13, 2014 at 2:04pm — No Comments

$USDCHF- Wedge Break?

Currently we are at 0.9025 after the break north of the wedge.  We are looking for a bullish continuation to the Day chart Trend line/resistance area @ 0.9047.  The average daily true range (ATR) for the pair currently is 76  pips.…

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Added by Scott Barkley on February 12, 2014 at 2:00pm — No Comments

$GBPJPY- Wedge Break?

Currently we are at 168.55 and attempting a break of the former support.  IF we break - we are looking for a bullish continuation to the R6 area @ 170.00 over the next 2 days.  The average daily true range (ATR) for the pair currently is 230 pips.…

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Added by Scott Barkley on February 11, 2014 at 2:16pm — No Comments

$AUDUSD- Wedge Break?

Currently we are at 0.8940.  We would have liked a deeper retracement to the 0.8900 but …. We are looking for a bullish continuation to the R5 first wave area @ 0.9038.  The average daily true range (ATR) for the pair currently is 101 pips.…

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Added by Scott Barkley on February 10, 2014 at 2:24pm — No Comments

$USDCHF- NFP continuation?

Currently we are at 0.8988 after the negative Non-Farm Payroll numbers.  We are looking for a bearish continuation to the S3/ .0214 Fibo area @ 0.8935 area. The average daily true range (ATR) for the pair currently is 71 pips.…

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Added by Scott Barkley on February 7, 2014 at 2:06pm — No Comments

$EURAUD- Pole Break?

Currently we are at 1.5042  after the break down of the pole pattern.  We are looking for a bearish continuation to the support area @ 1.4992  and 2) the next target is @ 1.4920.  The average daily true range (ATR) for the pair currently is 172 pips.…

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Added by Scott Barkley on February 6, 2014 at 2:23pm — No Comments

$EURGBP- Trend Break?

Currently we are at 0.8314 and testing a reversal breakout.  We are looking for a bullish continuation to the.0214 Fibo area @ 0.8368.  This pair pays 63% more on average then EU – a good reason to like it.   The average daily true range (ATR) for the pair currently is 49 pips.…

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Added by Scott Barkley on February 5, 2014 at 2:04pm — No Comments

$NZDUSD- Double bottom?

Currently we are at 0.8114 after the break north of the support.  We are looking for a corrective bounce back to support and then another thrust to the day chart bottom/S5 @ 0.8050-62. The average daily true range (ATR) for the pair currently is 76 pips.…

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Added by Scott Barkley on February 3, 2014 at 2:11pm — No Comments

$EURJPY- Wedge Break?

Currently we are at 139.30 in a descending wedge.  We are looking for a break and continuation to the 0.618/S5 Fibo area @ 138.56.  The average daily true range (ATR) for the pair currently is 118 pips.…

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Added by Scott Barkley on January 30, 2014 at 2:18pm — No Comments

$NZDJPY- Flag Break?

Currently we are at 84.67 in a bear flag.  We are looking for a break and then a continuation to the 1 .618 Fib extension area @ 84.15 – with a further target at 84.00.  The average daily true range (ATR) for the pair currently is 91 pips.…

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Added by Scott Barkley on January 29, 2014 at 2:04pm — No Comments

$AUDUSD-Decision time?

Currently we are at 0.8796 after a correction.  A couple of different scenarios.  1:  bullish: a break of the upper trend line (above 0.8850 area) and we will look to the 0.8900 area.  2: Bearish : A break down here would set up a move back to the S5 @ 0.8712. The average daily true range (ATR) for the pair currently is 90 pips.…

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Added by Scott Barkley on January 28, 2014 at 2:14pm — No Comments

$GBPUSD- abc or bounce?

Currently we are at 1.6552 and back in the trend.  A couple of different scenarios.  1:  bullish: a move to the upper day chart trend line @ 1.6650 area) 2: Bearish : A break down below 1.6535 would set up a “c”  wave to the support @ 1.6460. The average daily true range (ATR) for the pair currently is 107 pips.…

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Added by Scott Barkley on January 27, 2014 at 2:05pm — No Comments

$GBPNZD- New Trend?

Currently we are at 1.9878 after the break north of the down trend on positive news overnight in the UK. We are looking for a bullish continuation to the resistance/ .0382 Fibo area @ 1.9987.  The average daily true range (ATR) for the pair currently is 211 pips.…

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Added by Scott Barkley on January 22, 2014 at 2:11pm — No Comments

$AUDUSD-continuation?

Currently we are at 0.8757 in a sideways move which is bearish for the pair.  We are looking for a continuation to 0.8700  and the next target the 1.270 fibo @ 0.8647.  The average daily true range (ATR) for the pair currently is 87 pips.…

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Added by Scott Barkley on January 21, 2014 at 2:02pm — No Comments

$USDJPY- Trend crash?

Currently we are at 104.51 after reversal at the Trend wall.  We are looking for a continuation to the S3/ .0270 Fibo area @ 103.97. The average daily true range (ATR) for the pair currently is 66 pips.…

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Added by Scott Barkley on January 16, 2014 at 2:02pm — No Comments

$GBPJPY- 5th wave?

Currently we are at 170.65 after the pullback.  We are looking for a bearish continuation to the 0.618 Fibo area @ 169.75.  The average daily true range (ATR) for the pair currently is 141 pips.…

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Added by Scott Barkley on January 15, 2014 at 2:04pm — No Comments

$EURNZD- headed to the bottom?

Currently we are at 1.624.  We are looking for a bearish continuation to the support area @ 1.6184 (could go as low as 1.6139)  and the next target is the day chart bottom  @ 1.6054.  The average daily true range (ATR) for the pair currently is 143 pips.…

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Added by Scott Barkley on January 14, 2014 at 2:07pm — No Comments

$NZDUSD- trend Break?

Currently we are at 0.8362 after the break north of the trend.  We are looking for a bullish continuation to the resistance area @ 0.8449 area.  The average daily true range (ATR) for the pair currently is 65 pips.…

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Added by Scott Barkley on January 13, 2014 at 2:12pm — No Comments

$GBPUSD- bullish continuation?

Currently we are at 1.6482. IF we negate the Head and Shoulders pattern here we are looking for a bullish continuation to the resistance area @ 1.6516 and the next target the 0.214 Fibo  @ 1.6549.  The average daily true range (ATR) for the pair currently is 102 pips.…

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Added by Scott Barkley on January 9, 2014 at 2:06pm — No Comments

$USDPY- Wedge Break?

Currently we are at 104.88.  We are looking for a bullish continuation to the R5 area @ 105.45 IF we can break the psychological number at the 105.00.  The average daily true range (ATR) for the pair currently is 68 pips.…

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Added by Scott Barkley on January 8, 2014 at 2:11pm — No Comments

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