Dears, Please, be information you can sell from our sell area (as mention on the chart) + price action. thanks, and good luck
Dears, as you see the EURGBP it will be beriash as per our chart. Gad knows & good luck
Dear, please, follow our instructions as mention on the chart. Good luck,
A quick overview of my current position on GBPUSD. Looking at GBP on the whole, I think there is the possibility for more upside and continued momentum. (Here is the code for the basket I use GBPAUD*GBPCAD*GBPCHF*GBPJPY*GBPNZD*GBPUSD*GBPEUR) GBPUSD still looks good to me but it looks like we are about to see a consolidation/correction in the very short...
Hi all, this is just a tutorial displaying trading breakout in the trendline! We can see price breakout and retest the trendline and fall since then!
If Today's candle close below this trend line then we are good to go to 1.8120 But some correction is due.
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Very bullish price action.. 4 HOUR Price forming several HH and HL indicating a bullish pressure pattern. DAILY Sideways waving market found resistance now and is slowing down. OVERALL Price action is slowing...
I often have traders ask me, how can I get alot of trades? And my response is that is the wrong question, the purpose of trading is to make Money, Period. It is, imho, to make as much money as you can in as few trades and in as little of time as possible. Although I have several methods of trading, the SS MA method, shown here is my absolute favorite. It has an...
Trading news can often be a nightmare especially trying to trade at the time of release as brokers often widen their spreads and slip orders to the extreme of the spike. This is a high probability method with Great RRR As you can see the market spiked up on worse then expected AUD GDP news. then the market went into a consolidation, and this is key to finding...
Sometimes it is better not to trade. Today for me, was one of those days. I was extremely tired, which happens from time to time as I get up at 1:30 am my time to trade. This can lead to mistakes. Today's trade idea is a good example, although GBPAUD was in a bullish run and I was looking and posted an idea for a pullback trade, there was signs of a reversal. I...
When looking for trades, my purpose is simple: I look for High probability trades with good RRR (risk reward ratio) I consider a trade high probability if it has an 80%, or better, historical success rate. A good RRR (risk reward ratio) is 3-1 or better. meaning that we are risking $1 to make at least $3 Understand that by maintain a 3-1 RRR, even if I lose over...
Recently we posted our Cable analysis The weekly chart clearly shows a better picture Fib levels on the channel are correlating and can be useful though many traders dought using a FIB in this way , it can be helpful as you can see levels here are holding Use the FIB extension for further targets and pivots
The British Pound has been challenging strong resistance with increasing volume. Looking at the chart long term, weekly time frame, I am getting signals telling me that it might move up against the U.S. Dollar, here is why: Now trading above EMA10 and EMA50. Hitting higher lows since October 2018. Increasing bullish volume. Bullish RSI. MACD trending...
GBP pairs have closed above previous daily high's & GBPAUD also closed above 1.875 so we will more than likely see GBPAUD head to the next key area which is 1.9000. We could see a potential break and retest and go long for a nice 250 pips. To summarise... KEY SUPPORT AND RESISTANCE AREA HAS BEEN BROKEN. So we wait for a retest and rejection before going long. If...
The notes to this trade are on the screen ** There was no divergence in this trade set up. **