Blueberry Markets

2021-03-18 02:31:16 18th of March 2021

Identify, plan and trade:

It's important when looking for a trade to follow a strict plan.

IDENTIFY: We have identified EURUSD in line with our reversal strategy.

PLAN: EURUSD has formed a bullish daily close after the recent FOMC meeting were Fed Chairman Powell said they were unlikely to hike rates until 2024. This dovish tone sent the USD lower which will likely continue. If the price pulls back to the major level of 1.1930, we will look for a long opportunity.

TRADE: We will place a BUY LIMIT order at the support level with stops below the lows. If this trade does not trigger by the end of the trading day cancel the order. Open / Comment

2021-03-18 02:13:54 #EURAUD is approaching a major trendline resistance, but will the price hold or break?

In this video, we discuss the strength and weakness of the currencies in order to identify the most likely outcome. #BlueberryMarkets

Watch the video to learn more…
https://blueberrymarkets.com/blueberry-news/forex-chart-of-the-day-euraud-will-the-major-trendline-resistance-hold-or-break/

*Trading on margin is high risk.
Losses can exceed deposits. AFSL 391441 Open / Comment

2021-03-17 02:50:31 Pair: AUDUSD
Entry: BUY STOP: 0.7758
Target: 0.7900 (+142 Pips)
Stop: 0.7702 (-56 Pips) Open / Comment

2021-03-17 02:50:28 Open / Comment

2021-03-17 02:50:20 17th of March 2021

Identify, plan and trade:

It's important when looking for a trade to follow a strict plan.

IDENTIFY: We have identified AUDUSD in line with our reversal strategy.

PLAN: AUDUSD has formed another long opportunity as the price has closed within yesterday’s range. The retail market is short which suggests we could see the price break higher.

TRADE: We will place a BUY STOP order at the candle highs with stops below the lows. If this trade does not trigger by the end of the trading day cancel the order. Open / Comment

2021-03-16 22:50:30 Is it time to short #Silver?

In this video update, we discuss the opportunity for the #commodity to reach lower prices. The Retail Market remains heavily long in the market which could see the price move back towards the recent lows. #BlueberryMarkets

Watch the video to find out more…
https://blueberrymarkets.com/blueberry-news/forex-chart-of-the-day-is-it-time-to-short-silver/

*Trading on margin is high risk.
Losses can exceed deposits. AFSL 391441 Open / Comment

2021-03-16 01:59:38 Pair: AUDUSD
Entry: BUY STOP: 0.7775
Target: 0.7900 (+125 Pips)
Stop: 0.7705 (-70 Pips) Open / Comment

2021-03-16 01:59:35 Open / Comment

2021-03-16 01:59:27 16th of March 2021

Identify, plan and trade:

It's important when looking for a trade to follow a strict plan.

IDENTIFY: We have identified AUDUSD in line with our reversal strategy.

PLAN: AUDUSD’s downtrend could be short lived as retail sentiment suggests retail traders are adding heavily to short positions. The recent retracement closed above the 23.6 Fibonacci suggesting a trend reversal is likely. These 2 things combined suggest we could get another AUDUSD move higher.

TRADE: We will place a BUY STOP order at the candle highs with stops below the lows. If this trade does not trigger by the end of the trading day cancel the order. Open / Comment

2021-03-15 22:05:24 Do you use the #Fibonacci retracement tool?

In this video, we use the tool and a specific level to identify trend reversal opportunities.

#GBPUSD is the chart we analyse as we could see some further downside this week. #BlueberryMarkets

Watch the video to see how we use the Fibonacci tool for a short opportunity on GBPUSD…
https://blueberrymarkets.com/blueberry-news/forex-chart-of-the-day-gbpusd-using-fibonacci-to-identify-trend-reversals/

*Trading on margin is high risk.
Losses can exceed deposits. AFSL 391441 Open / Comment