target trading

Target Trading in the Forex week of 01/21/18$

Note: USDX shows weakness but near the bottom of its trend and may travel sideways for a while – should affect all USD pairs. ATR’s are starting to move up.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.2233 in a 5th wave and in a sideways move which is continued bullish bias. We are looking for continuation of a 5th wave to the R6 @ 1.2542. The average daily true range (ATR) for the pair currently is 89 pips.

————————————————————————---

$USDJPY

Image(s): 

Target Trading in the Forex week of 01/13/18

Note:  USDX shows weakness but near the bottom of its trend– should affect all USD pairs.  ATR’s are WAY DOWN.

Martin Luther King Holiday in the states on Monday may slow all of this down.

$EURUSD

Image(s): 
EURUSD- continue
usdjpy
gbpusd
audusd

Target Trading in the Forex week of 12/03/2017

Note:  Tough one to dissect this week - USDX is weak now, but the passing of the largest tax reduction in USA history Friday night after hours, might make the dollar strengthen.  This might affect the dollar currency pairs – and it will be the opposite way of their current moves.  I will give both views.  Also, be wary of potential gaps due to this.  Advanced traders may want to fade the gaps if there are any.

$EURUSD

Image(s): 

Target Trading in the Forex week of 10/14/2017

Note: USDX is in a 5th wave up – will end sometime. ATR’s are rising.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1599 trending inside a day range. We are looking to continue to the double bottom support @ 1.1484 and a possible bounce there. The average daily true range (ATR) for the pair currently is 72 pips.

————————————————————————--

$USDJPY

Image(s): 

Target Trading in the Forex week of 10/14/2017

Note: USDX is still bullish although in a correction in my opinion. ATR’s are really dropping.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1820 in a 5th wave. We are looking for a continuation down to the S4 @ 1.1626 and then bounce hard. The average daily true range (ATR) for the pair currently is 64 pips.

————————————————————————--

$USDJPY

Image(s): 
Target Trading

Target Trading in the Forex week of August 13th, 2017

Note: Currently USDX is bearish – affects the direction below

The August “Pay Your Mortgage Trade Idea” is the CADJPY

Click on images to enlarge then use your esc key to return

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1826 after completing a 4th wave. We are looking to continue up in a 5th wave to the 1.270 Fibo @ 1.2028. The average daily true range (ATR) for the pair currently is 84 pips.

Our Charts

Built inside our charts is a revolutionary system based on established technical analysis to assist in making trading decisions. ProAct Traders™ subscribers have the added advantage of viewing charts with the ability to signal possible high-probability trading opportunities as well as high probability trading targets.

What does that mean? The #1 problem traders have is “letting their loser run and clicking their winner out to quickly".