Hi everyone.

Last week we only had a couple of pairs to keep an eye on…..this week we have loads !!!

Yes loads…..I think we have 11 pairs with Earth and Sky trading zones to keep an eye on.

So let’s get straight into it and have a look…….

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When is the webinar this week? 

The live training session: Here is a link to register for this week’s live training session which takes place on Tuesday 16th March at 11.00am London time (BST/GMT+1).

https://us02web.zoom.us/webinar/register/WN_UlQEVGAZTvWhZkzOoEOSSA

Then we can have a more detailed, up to the minute look at what’s happening and potential trades for the rest of the week.

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Let’s have a look at some Earth and Sky set ups to keep an eye on….

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1) Euro/JPY the 4 hour chart:

The direction indicator is long the 4 hour AND THE daily chart and we closed plus 122 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently I have a long zone between 129.63 and 129.20 with areas to keep an eye on at 129.63 and 129.43 and 129.26 areas again for possible longs.

Target: 130.48 and 130.87

Counter shorts from the WR1 pivot at 130.87 areas.

Target: 129.63 area.

Notes:

Wait for the price to come to you.

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2) Euro/Aussie on the 4 hour chart:

The direction indicator is short on the 4 hour AND THE daily chart and we closed min  73 pips lower than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently, I have a short zone between 1.5446 and 1.5492 with areas to keep an eye on at 1.5446 and 1.5492 areas again for possible shorts.

Target: 1.5353 and 1.5326

Counter longs from the WS1 pivot at 1.5326 and the WR2 pivot at 1.5246 areas.

Target: 1.5433

Notes:

If we break the short zone to the upside for some reason then I will re look at the plan B zone at last week’s high and 200 EMA  at 1.5538 area.

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3) GBP/CAD the 4 hour chart:

The direction indicator is SHORT on the 4 hour BUT LONG on the daily chart and we closed min 82 pips lower than last week`s opening so we DID NOT meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone…..HOWEVER we had a nice drop since Monday so I will give it a go and fib the 4 hour chart for a short zone.       

Currently, I have a short zone between 1.7457 and 1.7530 with areas to keep an eye on at 1.7465 and 1.7535 areas again for possible shorts

Target: 1.7272 and 1.7178

Counter longs from the WR1 pivot at 1.7272 and WS2 pivot at 1.7178 areas.

Target: 1.7465 area.

Notes:

If we make new lower lows without the correction we wanted follow price with your fib to get the adjusted long zone for the week.

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4) GBP/JPY on the 4 hour chart:

The direction indicator is long the 4 hour AND THE daily chart and we closed plus 240 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently, I have a long zone between 150.79 and 150.07 with areas to keep an eye on at 150.79 and 150.45 and 150.07 areas again for possible longs.

Target: 152.87 area.

Counter shorts from the WR1 pivot at 152.87 and the WR2 pivot at 153.99 areas.

Target: 150.79 areas.

Notes:

If we make new higher highs without the correction we want follow price with the fib to get the adjusted long zone for the week.

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5) Aussie/CAD on the 4 hour chart:

The direction indicator is SHORT on the 4 hour BUT LONG on the daily chart and we closed min 50 pips lower than last week`s opening so we DID NOT meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone…..HOWEVER we had a nice drop since Monday so I will give it a go and fib the 4 hour chart for a short zone.       

Currently, I have a short zone between 0.9717 and 0.9757 with areas to keep an eye on at 0.9717 and 0.9736 and 0.9757 areas again for possible shorts.

Target: 0.9716 and 0.9736 and 0.9757 levels

Counter longs from the WS1 pivot at 0.9631 and 0.9583 areas.

Target: 0.9714 areas.

Notes:

If we make new lower lows without the correction we want follow price with your fib to get the adjusted short zone for the week.

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6) Aussie/JPY on the 4 hour chart:

The direction indicator is long the 4 hour AND THE daily chart and we closed plus 126 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently, I have a long zone between 83.86 and 83.38 with areas to keep an eye on at 83.85 and 83.63 and 83.38 areas again for possible longs.

Target: 84.77 and 85.25 levels.

Counter shorts from WR1 pivot at 85.25 areas.

Target: 83.85 area.

Notes:

If we make new higher highs without the correction then follow price with your fib to get the adjusted long zone for the week ahead.

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7) Aussie/NZD on the 4 hour chart:

The direction indicator is long the 4 hour AND THE daily chart and we closed plus 86 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently, I have a long zone between 1.0761 and 1.0732 with areas to keep an eye on at 1.0748 and 1.0737 areas again for possible longs.

Target: 1.0818 and 1.0852 levels.

Counter shorts from WR1 pivot at 1.0852 areas.

Target: 1.0761 area.

Notes:

Currently in the long zone….main support at the WS1 pivot and 200 EMA at 1.0737 areas.

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8) USD/CAD on the 4 hour chart:

The direction indicator is short the 4 hour AND THE daily chart and we closed min 166 pips lower than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently, I have a short zone between 1.2570 and 1.2635 with areas to keep an eye on at 1.2570 and 1.2600 and 1.2630 areas again for possible shorts.

Target: 1.2440 and 1.2392 levels.

Counter longs from the WS1 pivot at 1.2392 and WS2 pivot at 1.2308 areas.

Target: 1.2546 and 1.2570 levels

Notes:

If we make new lower lows without the correction then follow price with your fib to get the adjusted short zone for the week ahead.

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 9) USD/JPY on the 4 hour chart:

The direction indicator is long the 4 hour AND THE daily chart and we closed plus 72 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently, I have a long zone between 108.81 and 108.53 with areas to keep an eye on at 108.81 and 108.68 and 108.53 areas again for possible longs.

Target: 109.42 levels.

Counter shorts from the WR1 pivot at 109.42 areas.

Target: 108.81 levels

Notes:

If we make new higher highs without the correction then follow price with your fib to get the adjusted long zone for the week ahead.

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 10) CAD/JPY on the 4 hour chart:

The direction indicator is long the 4 hour AND THE daily chart and we closed plus 180 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently, I have a long zone between 86.55 and 86.00 with areas to keep an eye on at 86.55 and 86.29 and 86.00 areas again for possible longs.

Target: 87.66 and 88.07 level.

Counter shorts from the WR1 pivot at 88.07 areas.

Target: 86.55 levels

Notes:

If we make new higher highs without the correction then follow price with your fib to get the adjusted long zone for the week ahead.

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Happy trading….

Look out for some catch-up post this week in the forum.

Pierre.