Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified A new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Sell. Enjoy the day all. Cheers. Jim
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 3x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a EUR/CHF Sell, EUR/JPY Sell & EUR/USD Sell. Watch the overall risk due to the high...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 1x new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/AUD Sell. Not the best pair to trade on the Daily charts these days, but a valid signal all...
I have 2 strategies one is the 73% fibo and the other is trendlines with similar rules. Sometimes you can be closed out of one only for the other to become valid and rules are rules, you need to take the trade. So here we go long for a 7-1 RR ratio back up to the 38.2% retrace. Most likely if it comes good I'll take some off and let the rest run up. I'm long now...
Just showing my setups and the reasons why I took 6x new trades on the Daily Forex charts. You can read my notes on each of the charts. Just pause the video if you have to. A few higher risk trade setups here, so just be careful. Cheers.
Welcome back Traders, Investors, and Community! XRPUSDT has been moving in the Ascending Channel and after the breakout, has gone for the retest. It’s going to go up soon. ⬆️Buy now or Buy at 0.9528 ⭕️SL @ 0.8716 ✅TP1 @ 1.09 ✅TP2 @ 1.30 ✅TP3 @ 1.45 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the...
EURCAD Parallel Channel Daily Chart
EURUSD Rectangle Pattern. Entry 1.19330 Target Price 1.20917.
GBPCHF Entry 1.18998 Exit 1.17521 // Parallel Channel
NZDCAD Trade Idea is to wait for a break and retest of level 0.86118 for a sell opportunity. Entry at 0.86118 and exit at 0.84983.
it is now oversold on the daily chart as well. I suspect a bounce off this support due to the RSI and current price action and a channel forming before taking on a newer high or newer low. Also, lots of the news surrounding Gold has been both positive and negative, leading me to predict with an edge that there is a new neutral channel in play.
GBPJPY: Wait For A Daily Close Above 139.620. Next, enter on a retest at 139.620 for a Buy.
GBPJPY Support Resistance 1 - Daily Close 2 - Retest
USDMXN Support Resistance Level 24.02820