Forexeducation
CASINO'S REMEMBER LOSSES AND GAMBLERS REMEMBER WINSHave you ever heard the saying that the casino complains about their losing days and every gambler brags about their big wins?
Well the same thing applies to traders. Diligent traders remember their big losses rather than their wins, where losing traders remember their big wins.
Sticking to consistent small gains over time rather than targeting huge wins is a staple of every great trader.
AUDUSD daily price trend correction, before another bearish legHello traders;
Here is your AUDUSD Focus for today;
According to our Currency Strength Meter Mark, the USD reads stronger than the AUD, thus only looking for BEARISH/SELL opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.
Thank you.
Like and Subscribe for more.
EURUSD Sell zone highlighted with yellow box on chartHello traders;
Here is your EURUSD Focus for today;
According to our Currency Strength Meter Mark, the USD reads stronger than the EUR, thus only looking for BEARISH /SELL opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.
I will be watching this pair carefully, and looking for a swing shorting opportunity if it goes into my colored zone from 1.1620 - 1.1660. My potential stop (1.1760) and take profit (1.3000) is also outlined on chart.
Thank you.
Like and Subscribe for more.
head and shoulder patternThe head and shoulders patterns are statistically the most accurate of the price action patterns, reaching their projected target almost 85% of the time.
The regular head and shoulders pattern is defined by two swing highs (the shoulders) with a higher high (the head) between them.
EURUSD BREAK DOWN WITH AYANDAHi guys, i hope ya'll good.
let us look at EURUSD for this week, as we can see that Euro Dollar is currently under a very significant zone/area which is our daily previous close, and is from our down trending support, that means we can expect a push further up but we will be reactive not predictive within this trade, because the structure is not fully formed as yet as to what it is going to do.
Wishing all of ya'll guys a profitable week ahead
TAKE IT EASY TEAM
US30 SetupHi Guys hope yall good
So today we will be looking at US30 for a short position.
this asset is currently retesting our down trending resistance and has tested and rejected our 0.618 feb level, however though we will be reactive not predictive towards this trade, we will be monitoring it and add it to our watch list.
Our USDCHF Forecast is Bullish/Buy! Reversion back to mean: 0.97Hello traders;
Here is your USDCHF Focus for today;
According to our Currency Strength Meter Mark, the USD reads stronger than the CHF, thus only looking for BULLISH/BUY opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.
Thank you.
Like and Subscribe for more.
Our USDCAD Forecast is Bullish/BuyHello traders;
Here is your USDCAD Focus for today;
According to our Currency Strength Meter Mark, the USD reads stronger than the CAD, thus only looking for BULLISH/BUY opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.
SIDENOTE: USD strength is hugely contributed to rising rates, and tightening of monetary policy in motion. We believe the pair has bottomed out in July at the 1.200 exchange rate, and now on its way to prior extreme monthly chart highs. The Canadian dollar is slowly being distributed out for US dollars, hence the range, and some bullish pressure in crude oil also keep CAD afloat, once these to factors come to end, we are likely to see USDCAD blast through resistance for good. Time is ticking down for USDCAD to make any meaningful push to the downside.
Thank you.
Like and Subscribe for more.
Our AUDJPY Forecast is Neutral to slight bearish pressureHello traders;
Here is your AUDJPY Focus for today;
According to our Currency Strength Meter Mark, the JPY reads slightly stronger than the AUD, thus only looking for BEARISH/SELL opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.
Thank you.
Like and Subscribe for more.
Our AUDNZD Forecast is Neutral to slightly bullishHello traders;
Here is your EURUSD Focus for today;
According to our Currency Strength Meter Mark, the NZD reads slightly stronger than the AUD, thus only looking for BEARISH/SELL opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.
Thank you.
Like and Subscribe for more.
Our AUDUSD Forecast is Bearish/SellHello traders;
Here is your AUDUSD Focus for today;
According to our Currency Strength Meter Mark, the USD reads stronger than the AUD, thus only looking for BEARISH/SELL opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.
Thank you.
Like and Subscribe for more.
Our GBPCHF Forecast is Bearish/SellHello traders;
Here is your GBPCHF Focus for today;
According to our Currency Strength Meter Mark, the CHF reads stronger than the GBP, thus only looking for BEARISH/SELL opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.
Thank you.
Like and Subscribe for more.
Our GBPJPY Forecast is Bearish/SellHello traders;
Here is your GBPJPY Focus for today;
According to our Currency Strength Meter Mark, the JPY reads stronger than the GBP, thus only looking for BEARISH/SELL opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.
Thank you.
Like and Subscribe for more.
Our GBPAUD Forecast is Neutral to slightly bullish Hello traders;
Here is your GBPAUD Focus for today;
According to our Currency Strength Meter Mark, the GBP reads slightly stronger than the AUD, thus only looking for BULLISH/BUY opportunities on this pair.
NB: These reading apply best on H8 to daily timeframes, and fluctuate from time to time.
Thank you.
Like and Subscribe for more.