Forensicforex
HTF Break down GBPUSD and DXYHello Traders!
I want to start incorporating the HTF in my breakdowns for the week and be like the central banks.
Remember if you are someone who can not make time for the charts the HTF is your best friend.
I tend to enjoy the HTF myself as I develop as a trader. I find more explosive moves and less screen time.
I do not like being a slave to the charts as I want to enjoy other things in life like family, friends, and my hobbies.
USOIL Trade IdeaHello Traders!
Im looking to short USOIL.
If the supply of Oil is high but the demand is low we should see a nice sell off.
However, If the supply is low and the demand is high Oil should see a rise in price.
Seasonally January and February makes the low of year before the rally in Crude Oil.
Price Action is also lining up to give us a nice short opportunity.
USOIL Order Block Potential ShortHello Traders!
I have people ask how I break down a Order Block, here you have it again.
I find the mid point of the candle and the lowest point of it.
Once I have the candle broken in half I find key levels that the algo is most likely going to hit.
.20 .50. .80 .00 and the cycle repeats.
Does this mean price has to respect this Bearish daily Order Block? No.
Swing Trading MethodHello Traders!
Here I show a simple concept for those who can not sit in front of the charts for Intraday.
Not everyone trades full time and can not be around to trade the kill zones (London and New York)
Main Idea to these Swing Trades:
Is price making higher swing highs and swing lows? (Bullish)
Is price making lower swing highs and swing lows? (Bearish)
Bullish Conditions:
Swing high broken wait for a higher swing low to form.
Bearish Conditions:
Swing low broken wait for a lower swing high to form.
Relative Strength Index via Line ChartsHello Traders!
Here I am look for the Relative Strength Index for the following
GBP/USD - Cable
EUR/USD - Fiber
AUD/USD - Aussie
NZDUSD - Kiwi
Cable looks to be the strongest pair so far into 2022 out of the 4.
Fiber looks to be the weakest pair so far into 2022 out of the 4.