Swing Trading ideas - page 49

Maria Mahomedally
1323
Maria Mahomedally  
Update Time: 21 July 2021 09:30GMT

USD/JPY - 110.17
Despite dollar's selloff to a 7-week trough at 109.07 on Monday due to risk-averse buying in jpy, subsequent strong rebound to 109.95 yesterday and intra-day break above there suggests decline from July's peak at 111.65 has ended there and consolidation with upside bias remains for stronger retracement to 110.34, however, resistance at 110.69 would remain intact and yield retreat.

On the downside, only below 109.54 would indicate aforesaid correction has ended instead and risk stronger weakness to 109.34 later this week.

U.S. eco. calendar is pretty light with second-tier MBA mortgage applications and new housing price index being the only data due out in New York morning. Therefore, traders will continue to take cue from intra-day moves in U.S. yields n U.S. stock futures until NY open.
Jarvis89
33
Jarvis89  
Can anyone here share your charts on swing trading and also explain the type of strategy being used that is profitable since I'm also looking to start swing trading soon?
AngkorWat
9
AngkorWat  
Jarvis89:
Can anyone here share your charts on swing trading and also explain the type of strategy being used that is profitable since I'm also looking to start swing trading soon?

Hottest swing ideas right now are in crypto. You see that 28k support hold its ground. We can safely buy it at the lower boundary of range.

<Chart Deleted - only show charts with freely available indicators or supply the source code>

Maria Mahomedally
1323
Maria Mahomedally  
AngkorWat:

Hottest swing ideas right now are in crypto. You see that 28k support hold its ground. We can safely buy it at the lower boundary of range.

<Chart Deleted - only show charts with freely available indicators or supply the source code>

Agreed


next lower support is 21k

Waseem Raza
10383
Waseem Raza  

AUDUSD Long Idea in Daily TF 



Maria Mahomedally
1323
Maria Mahomedally  
Australia is under lock down 
Waseem Raza
10383
Waseem Raza  
Maria Mahomedally:
Australia is under lock down 

DXY returning from daily resistance so focus on USD instea of AUD  , it's tricky business

Maria Mahomedally
1323
Maria Mahomedally  
EUR/USD - 1.1770
Euro's selloff from 1.1830 (Thursday) to 1.1755 on Friday suggests re-test of Wednesday's fresh 3-1/2 month trough at 1.1753 would be seen, break there would extend recent erratic decline towards 2021 bottom at 1.1705 (March) but 'loss of downward momentum' may keep price above there.

On the upside, only a daily close above 1.1804 'prolongs' choppy sideways trading and may risk another rise towards 1.1830.

Market's attention is release of Germany's key Ifo data, keep an eye out on July's business climate n current expectations.
sandi Satria
11
sandi Satria  
Buy GBP USD
Waseem Raza
10383
Waseem Raza  

Market at all time high and it can create Fear 

Bonds Yields dropping 

In all this situation Gold is safe place for investors to hedge and also it can play better role against inflation 

Gold for long in weekly is idea for now