11 Money-Making Opportunities and the A.P.E FrameworkI’ve just recorded a video covering 11 Money Making Opportunities that you won’t want to miss. Here’s a quick rundown of the currency pairs discussed:
- GBPUSD
- USDJPY
- EURJPY
- GBPJPY
- NZDJPY
- NZDUSD
- AUDUSD
- AUDCAD
- USDCAD
- CADJPY
- GBPAUD
What’s Inside:
- A.P.E Framework: I’ve also shared how I use our trading framework, the A.P.E Framework, and why it’s so important in guiding my trades.
- Strategic Insight: These trading ideas are meant to get you thinking critically about your trades. Remember, they’re not meant for you to follow blindly.
Key Takeaway:
- Plan Your Own Trades: Use these ideas as a devil’s advocate to challenge your strategies and prevent you from going too aggressive on your trades.
Make sure to watch the video for in-depth analysis and insights!
What’s your take on these opportunities? Have any of these pairs caught your eye? Share your thoughts and strategies below!
Happy trading, everyone! 🚀
Askforex100
GBPCAD for Fluffy CatWe ran into some tech issues, and we will work with the live stream provider in the coming week. Anyway, there isn't much for us on GBPCAD.
The Higher-Timeframe, Weekly and Daily chart is showing a bullish trend, however the 4-hourly and 1-hourly chart is on a bearish trend.
Key Resistance level at 1.7634
Key Support level at 1.7467
Given a choice, any of my 12 pairs would be a better fit compare to GBPCAD.
Double Top Retracement ZoneIf you are a Double Top trader, you would know that it is not about the strategy but where it was formed.
One of the struggles that traders have is, "Where is the end of the Double Top Pattern?"
There are ways you can learn to identify the potential completing zone or you can wait for the Double Top to complete.
Yeap, "Wait for it!!"
You can then look for a shorting opportunity when the market passes 61.8% retracement and does not close above the 100% mark, in short, previous high/ violating the previous high.
In this case, the first target would be the immediate low. I will exit the trade on the candle body and not at the lowest wick.
Leave some tips for the waiter right?
Another important filter I will need to have is an RSI Divergence.
This will be something I will be creating, 1) A Weekly Education Content and at the end of the trading Week, a meet the trader session and LIVE discussion on the topic of the week.
What do you think?