Forex Majors | BUY/SELL Orders | July 2019 | Intraday Signals
Forex Majors – BUY/SELL Orders – Intraday Market Entry
Entry / Stop Loss / Take Profit levels.
Markets: FX Majors
Forex Majors have been tracked successfully as the USD was preparing to start the down-trend, and this paved the way for new trends.
These trends have barely started, and now have realistic chances of turning into impressive impulses.
The levels and\or orders shared with the “Forex Majors – BUY/SELL Orders – April 2019” article have been holding rather well, and the USD eventually gave in.
Until the USD was getting ready to breach and go bearish, I’ve been tracking the Forex patterns daily, via the “Wave Counts & Updates” section.
The overall patterns and bigger picture was painted with the “Forex Trading | Elliott Wave Structures | Q2 2019” article.
This eventually lead towards some structures aligning for the FOMC meeting acting as the trigger, hence the reason for the “FOMC – Trading Ideas – Elliott Wave – June 2019
“ video I recorded.
The most recent “FX Majors | Patterns & Waves | June-July 2019” article briefly explains the patterns behind this present view.
Dollar Index (DXY) Overview
DXY – 2H Chart (picture)
DXY has been labeled within a Bearish Impulsive Sequence for an Intermediate degree (C) wave.
Minor 1 (red) retested the support and trend-line with its Leading Diagonal, followed by a simple ABC correction in Minor 2 (red).
Minute i (red) breached through the support and commenced the bearish sentiment for the USD.
Current location would reflect Minute ii (red), which is retesting the previous breach and the Fibonacci levels.
Expectations are for the 3 of 3’s to start for the DXY and a deep bearish sentiment to be implemented, thus leading towards all other counter currencies to benefit.
DXY – 2H Interactive Chart
(click to open)
Forex Majors – BUY/SELL Orders
EUR/USD – 2H Chart (picture)
EUR/USD – BUY Orders
Aggressive Entry @ Market Price (Approx. 1.1285) with SL @ 1.1225
Moderate Entry @ 1.1270 with SL @ 1.1175
TP @ 1.1420 / 1.1500 / 1.1600 / 1.1650
EUR/USD – 2H Interactive Chart
(click to open)
GBP/USD – 2H Chart (picture)
GBPUSD – BUY Orders
Aggressive Entry @ Market Price (Approx. 1.2640) with SL @ 1.2540
Moderate Entry @ 1.2610 with SL @ 1.2500
TP @ 1.2850 / 1.3000 / 1.3150 / 1.3700 / 1.3200
GBP/USD – 2H Interactive Chart
(click to open)
USD/JPY – 2H Chart (picture)
USD/JPY – SELL Orders
Aggressive Entry @ Market Price (Approx. 108.45 with SL @ 109.20
Moderate Entry @ 108.70 with SL @ 109.50
TP @ 107.00 / 106.00 / 105.50 / 104.20
USD/JPY – 2H Interactive Chart
(click to open)
USD/CHF – 2H Chart (picture)
USD/CHF – SELL Orders
Aggressive Entry @ Market Price (Approx. 0.9875) with SL @ 0.9950
Moderate Entry @ 0.9891 with SL @ 0.9970
TP @ 0.9750 / 0.9650 / 0.9580 / 0.9480
USD/CHF – 2H Interactive Chart
(click to open)
Commodity Currencies – BUY/SELL Orders
USD/CAD – 2H Chart (picture)
USD/CAD – SELL Orders
Aggressive Entry @ Market Price (Approx. 1.3150) with SL @ 1.3250
Moderate Entry Entry @ 1.3240 with SL @ 1.3350
TP @ 1.3000 / 1.2900 / 1.2800 / 1.2700 / 1.2600
USD/CAD – 2H Interactive Chart
(click to open)
AUD/USD – 2H Chart (picture)
AUD/USD – BUY Orders
Aggressive Entry @ Market Price (Approx. 0.6965) with SL @ 0.6895
Moderate Entry @ 0.6930 with SL @ 0.6860
TP @ 0.7060 / 0.7120 / 0.7220
AUD/USD – 2H Interactive Chart
(click to open)
NZD/USD – 2H Chart (picture)
NZD/USD – BUY Orders
Aggressive Entry @ Market Price (Approx. 0.6670) with SL @ 0.6590
Moderate Entry @ 0.6610 with SL @ 0.6535
TP @ 0.6785 / 0.6850 / 0.6950
NZD/USD – 2H Interactive Chart
(click to open)
Safety Measures:
- Moving SL to break-even when in the green.
