TRADES OF THE WEEKIn this video update, we look at the trades we took this week on our telegram channel.
Some trades still open and will look to hold these through the weekend as they are long term
swing trading positions.
Blueberrymarkets
VIDEO ANALYSIS: REASONS TO SHORT EURAUDIn this video update, we go through different methods to short EURAUD as we expect
the current downtrend to continue. EURO is weak and will look to continue that weakness.
If the price retraces to the sell zone we will look for bearish price action to short this market.
DAX LONG OPPORTUNITYThe German Dax remains in an uptrend and has recently impulsed higher.
Diving into the 4hr timeframe we can look for an opportunity to buy the market
in line with the daily timeframe. The 4hr chart is forming higher highs and also
has confluence with the 20 and 50 EMA crossing. If price pulls back to the level
we can look for a long opportunity into the major resistance.
VIDEO ANALYSIS: EURGBP TRADE UPDATEThe UK has a new prime minister in the form of Boris Johnson.
He is in favor of Brexit and will likely build a cabinet that will represent that bias.
The retail market is taking this a 'short' on the GBP and sentiment indexes suggest we could
now see a reversal of that bias. Boris Johnson was likely to become prime minister so will the market
have priced that in?
VIDEO ANALYSIS: GBPUSD THE CHART OF THE WEEKIn this video update, we take a look at the GBPUSD and the potential for it to move higher this week.
Lot's of volatility will be surrounding the GBP as a new prime minister is set to be announced.
However, the commitment of trader reports has highlighted that the commercials are continuing to buy
at current levels showing a change in trend could be on the horizon.
VIDEO ANALYSIS: TRADES OF THE WEEKIn this video update we take a look at the trades that were left open for the week
where they are positioned and how we can manage them.
CADJPY- Breakeven and likely to be stopped after poor retail sales.
NZDJPY- hit targets on 4hr trade, daily still open and in profit.
EURGBP- open and in profit.
USDSGD- open and offside slightly.
VIDEO ANALYSIS: WHY WE SHORTED EURGBPIn this video, we discuss the short trade posted on the telegram channel. We are
looking for this market to continue lower as the CoT reports highlighted the commercials
are actively buying the pound at the current level. This means we could see some GBP strength in the
coming days and weeks. EURGBP rejected the key weekly resistance and formed a bearish daily
candle suggesting we could see the reversal.
VIDEO ANALYSIS: NZDCHF HITS TARGETS...WHAT NEXT?In this video update, we take a look at NZDCHF as price hit targets on this trade this morning.
Price has now completed the inverse head and shoulders pattern and could continue up into the
weekly lows as kiwi continues to strengthen.
VIDEO ANALYSIS: SILVER TO REMAIN BULLISHIn this video update, we take a look at Silver as expect the market to reach the monthly highs of $16.00.
The 4hr timeframe has started the move higher, forming a higher high with the structure highs offering a good
level of support for a long opportunity. If the price can retrace we can look for bullish price action in this zone.
VIDEO ANALYSIS: CURRENT OPEN POSITIONSIn this video update, we take a look at the current open positions on the telegram channel.
We are looking to continue the risk on sentiment in the market. We look at managing some open positions
as well as discuss what we expect to happen.
VIDEO ANALYSIS: GBPAUD TRADE UPDATEIn this video update, we take a look at our GBPAUD trade as the price has moved in our favor.
Because it is a Friday we could look to manage the trade by either closing our position now or
moving stops to breakeven to cover our position.
Price technically is at a minor demand zone and could form a higher low here as traders
will look to take profits or move positions around at the end of the week.
VIDEO ANALYSIS: NZDUSD TO BREAK 0.6700In this video update, we take a look at NZDUSD potential to break the key 0.6700 level
and head up to the key 0.6920 highs. The CoT reports show that long contracts continue to increase
at current levels suggesting further upside is likely. Wait for a confirmed higher high before looking
for any trading opportunities.
VIDEO ANALYSIS: SPX500 IN THE BUY ZONEIn this video update, we discuss a potential swing trading opportunity on the SPX500.
We have spoken about this on recent posts and now the price is in the zone we can
actively look for positions. We will be waiting for some bullish price action to trade back
into the key highs.
VIDEO ANALYSIS: CADJPY TRADE UPDATEIn this video, we take a look at the current CADJPY position. Price is near 1:1 risk to reward and we
could look to move stops ahead of the BoC rate announcement this week. The Daily and weekly charts
suggest the CAD strength will continue here so we are happy to hold this trade.
S&P500 CONTINUES IT'S MOVE HIGHER...BUT WHAT NOW?In this video update, we take a look at the S&P500 for potential long opportunities.
The market breaking higher suggests the risk on sentiment could continue with safe haven
currencies being the most affected. If price pulls back into the structure highs we could
look for a lower timeframe swing opportunity back into the highs wherever they form.
VIDEO ANALYSIS: GOLD...WHAT NEXT?In this video, we take a look at gold from a technical point of view as the price is finding resistance at
the $1440 level. This level derives from the August 2013 highs. If we see higher timeframe bearish price action
here we can expect a retracement back into the key demand of $1360 or at least $1330. This would need the
USD to gain significantly which we don't see happening anytime soon.
VIDEO ANALYSIS: CADJPY SWING OPPORTUNITYCADJPY has recently formed a new higher high and with strength and weakness indicators
suggesting that the Canadian dollar is strong and the Yen is weak, we can look for the trend
to continue. In this video, we highlight 2 possible swing trading ideas.
VIDEO ANALYSIS: DAX (GER30) LONG OPPORTUNITYIn this video update, we take a look at a potential swing trading opportunity on the 4hr timeframe.
The daily chart is forming higher highs and higher lows and we could expect the price to test the
previous swing highs and key resistance. Now price is back to our demand zone we are
looking for a HH, HC candle for a long entry.
VIDEO ANALYSIS: EURAUD TOP DOWN ANALYSISIn this video, we break down the EURAUD chart as sentiment changes to a bearish outlook for the currency pair.
Now the price has formed a daily lower low, we can expect the price to continue lower. If price pulls back to the structure
lows we can look for a continuation move.
VIDEO ANALYSIS: SILVER TO RALLY TO $16.00In this video, we break down the Silver market with a top-down analysis approach.
The monthly timeframe is suggesting we continue looking for longs into the previous structure highs.
The daily timeframe highlights a bullish trend and we can look for long opportunities if the
price can re-test the previous structure highs.
VIDEO ANALYSIS: AUDJPY AT MAJOR SUPPORTAUDJPY is currently sitting at a major support level and with the monthly candle
shaping up to be a bullish doji candle we could look for long opportunities from
current levels. The 4hr timeframe has changed cycle and if price re-tests
the 4hr highs we could look for a long position.
VIDEO ANALYSIS: EURUSD KEY SUPPLY AND DEMAND ZONES In this video update, we take a look at EURUSD and USD Index to continue looking for the USD weakness.
Price on the USD Index has recently tested 96.00 which could see some buyers step back in short-term into
the previous structure lows. EURUSD has broken higher and is heading towards a key supply zone where we
could see price retrace into the key highs before going long.
VIDEO ANALYSIS: S&P500 AT ALL TIME HIGHSIn this video update, we discuss the S&P500 in more details and what will
happen to market sentiment if price bounces or breaks. We believe if price bounces
we could return to a risk-off the sentiment with safe haven currencies benefitting.
If price breaks above we could see a significant move higher again.
