Will the pound usher in a bull market?The current interest rate hike is nearing the end. The market has digested it, and the dollar has fallen in a volatile manner. Now that European banks are accompanied by the bankruptcy of Credit Suisse, there should be other bank risks. At the same time, Europe is also following the Fed to raise interest rates. Now the Ukraine crisis continues, the European energy crisis, the food crisis and the refugee debt crisis continue, and the recession is inevitable, so the euro and the British pound are likely not to go into a bull market.
In addition, judging from the current structural trend, GBPUSD has rebounded sharply after a sharp decline, so the lower support is not very strong, and there is a need for a second fall to verify the lower support, so GBPUSD still has a need for backtesting in the short term.
In the short term: pay attention to the resistance of 1.245 above, and observe the defense of 1.238 below.
I will share specific transactions and operations in real time on my channel based on intraday details.In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Forexmarket
EURNZD DAILY CHART PROJECTIONDon't MISS!
After collecting our data from the weekly timeframe, price initially was in a downtrending market and we had a success break of structure so we expected that the market will change it's direction from downtrend to uptrend of which it did.
The current trend to the upside which is visible on the DAILY timeframe, we can regard that as our Impulsive trend/move. Within this move, price is making a valid uptrend creating HIGHS and LOWS . The impulsive trend is currently moving rapidly which broke the resistance level (Check the arrow).
Our anticipated overall price target is @1.82000 level
As we all know, price is not just going to fly there, it's going to create a trend to get to the final target. So we're expecting price to make a new low to @1.73500 to @1.72000 level then we will look for a bullish confirmation.
TRADES OPPORTUNITY
I am currently watching this market closely and we will look at the smaller timeframe so we have a confirmation for a short sell. Join my channel to not miss this opportunity
Kindly Like this Trade Idea if you love it and Follow me for more
Thanks
Regards.
Inducement on GU What Gbpusd is currently doing,based on my understanding and years of experience,is inducing people to think it all set to go lower ,what is inducement? Inducement means getting people on the wrong or right side of the market way to early,that the simplest explanation I can give you folks that how I explain to my trading community... anyways back to business I would literally love to see it push back up to clear the buyside liquidity before actually dropping down ....stay safe guys ...trade safely
#Iamace #Acethetrader
DXY pump!!!!! xxxUSD Drop **READ**DXY is currently correcting and we are looking at a possible END OF CORRECTION at the UB (Upper Band.
HOW TO POSITION YOURSELF:
SCENARIO 1 - We could wait for DXY to hit the UB on the H4 timeframe, when this happens, it means we can start to LONG xxxUSD and SHORT USDxxx
SCENARIO 2 - When the market opens, we could SHORT xxxUSD or LONG USDxxx until DXY reaches UB to exit all positions and then follow the follow the SCENARIO 1
// INVALIDATION //
A large breakout ABOVE the PREV.HIGH level would mean a big STRENGTH on the DOLLAR. If that happens, wait for DXY update (Remember to follow for that)
TARGETS - We are targeting 800EMA on the D1 AND we expect the selling pressure on DXY to start to weak at that level.
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
DXY - How to FIND trade setupsIn this video, we talk about DXY direction and how to find trading opportunities and get the best accuracy.
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
aud/jpyanalyzing this pair from the 2 hour time frame i can see price has worked into a Bearish OB also Filling higher time frame bearish imbalance, now that price has reached these areas we are starting to see rejection and are getting a Very strong Bearish engulfing on the 15 minute time frame AS I'M typing this out!
with the confluence of rejecting the .236 fib retracement and bearish divergence (price was creating higher lows and the RSI is starting to create lower lows! once we create a lower low below 88.838 we should see aj start to drop nicely to our lower support areas where we can start to take partial profits!
disclaimer - information shared is for educational and demo purposes only please master a risk management plan when trading in the financial markets!
EURAUD 150pips FULL BREADOWN 3mins!!!! EURAUD is currently looking weak and ready to drop. In this video i breakdown your ENRTY, SL and TARGET so i can help you make some money!
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
AUDUSD 100pips setup BREAKDOWN!!!!AUDUSD is currently not showing too many signs for a BULLISH play BUT the DOLLAR INDEX is looking weak which makes a great opportunity for xxxUSD
which is why we are gearing up for a LONG play here.
// #1 ENTRY (Risk Entry, Good Reward) // -: Enter LONG now or wait until at LB (Lower Band) touch
// #2 Entry (Confirmed Entry, Minimal Reward) // -: LONG when we fix ABOVE BL
// INVALIDATION //
On #1 Entry, Set a 40pips SL from LB tap.
On #2 Entry, when price fix back ABOVE BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it.
TARGETS - We are looking at 200EMA on H4 as first TP and max at the AUTOMATED KEY ZONE that comes with the SUITE INDICATORS
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
AUDUSD 150pips MOVE Unemployment ClaimsAUDUSD is currently BULLISH from all angles and also on D1 we are just looking to create a minor low around LB, PW.5 and PM.5 level.
(Reason - EMA Cloud bullish, we fixed above BL on D1, PA is intact, BB starting to slope upward.)
// #1 ENTRY (Risk Entry, Good Reward) // -: Enter LONG now or wait until at LB touch
// #2 Entry (Confirmed Entry, Minimal Reward) // -: LONG on when we fix ABOVE BL
// INVALIDATION //
On #1 Entry, Set a 40pips SL from LB tap.
On #2 Entry, when price rejects back ABOVE BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it.
TARGETS - We are looking at a break of the previous HIGH and also targeting 200EMA on D1
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
JPYX Correction ENDING soon. **READ**JPY INDEX correction is coming to an end and how does this helps us make good money? JPYX goes DOWN, xxxJPY goes UP like fire! Direction is currently BEARISH
(Reason - PA, BB, EMA CLOUD, ICHI,DIV anticipation)
// ENTRY for xxxJPY //
When JPYX reaches those zones, take a LONG on xxxJPY (CADJPY, CHFJPY, AUDJPY, NZDJPY preferably) and also there's a room for scaling here.
// INVALIDATION //
IF JPYX close ABOVE PWH then we need to hedge out and roll out the position (Learn this in the channel).
TARGETS - We will exit our xxxJPY trades when JPYX hits 200EMA on H4
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
EURAUD 350pips!! MUST WATCH! EURAUD is currently BULLISH but this is a weak one because we are trading on a EMA score of 2 which signals reversal so now we are positioning for a SHORT.
(Reason - D1 is currently exhausted and needs correction, possible DIV if HH happens and of course the EMA SCORE)
// #1 ENTRY (Risk Entry, Good Reward) // -: Even if we are looking for SHORT here, I believe we have an opportunity for a LONG before the SHORT rally.
So for the LONG entry, wait for price to push back to BL and LONG all the way to the UB on H4/D1 (175pips). Now for the main SHORT, SHORTR around D1 UB with a 50pips on candle close invalidation (300pips)
// #2 Entry (Confirmed Entry, Minimal Reward) // -: For SHORT ONLY, wait for price to hit D1 UB and then SHORT when we close back BELOW BL for SHORT continuation.
// INVALIDATION //
On #1 LONG ENTRY, Close IF candle close below the BL strong. On the MAIN SHORT, set a 50-60pips and run it all the way down.
On #2 Entry, when price rejects below the BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it.
TARGETS - Take profit for the LONG is on H4 UB and on the main SHORT first exit could be on the touch on BL and second is when it gets back to to the PREV LOW/KEY ZONE
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
GBPUSD 250-500pips Monster Trade!! GBPUSD is also correcting within a BULLISH TREND so we are looking at a continuation around the LB . (Reason -Structure, H4 & D1 Bullish , SUITE B, Ema Cloud)
// #1 ENTRY (Risk Entry, Good Reward) // -: Wait for GU to retrace down to LB or the AUTMATED KEY ZONE for Entry.
// #2 Entry (Confirmed Entry, Minimal Reward) // -: Wait for the SH (Stop Hunt) of the PL ( Prev Low)/Key Zone and buy on the close back above BL (Baseline)
// INVALIDATION //
On #1, Entry 40-50pips SL from where price touches the H4 LB (Our exits are only only on candle close)
On #2 Entry, when price rejects below the BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it.
TARGETS - Take profit for this week will be the next KEY ZONE and for next week will be to wait for another correction after our first zone is reached for another 250pips to 800EMA on D1
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
USD/JPY 40+200 SMA crossover 80% WTraded USD/JPY since Friday 2/24/2023 & have a 8)% win rate for a 40+200 SMA crossover.
SL set a 200 SMA (I usually go a bit higher/lower to not get hit) set TP at 1 times pips from SL
Price has to be above or below both of the SMAs
40 Pip minimum TP + SL
12/15 = 0.8 * 100 = 80% win rate over ~6 Weeks
head and shoulder for EA shortEurAud has reached a supply zone and seems to be printing bearish price action. Head and shoulder reversal pattern has printed giving inclination of sell off ahead as buyers are leaving the market. looking for possible 300pip short from neckline zone for a very nice risk to reward.
EURUSD 250pips Move, MAKE IT FLY!EURUSD , pair is currently correcting within a BULLISH TREND so we are looking at a continuation around the LB. (Reason -H4 & D1 Bullish, SUITE B, Ema Cloud)
// #1 ENTRY (Risk Entry, Good Reward) // -: Wait for DXY for reach UB then we will be ready to attack this USD pair which also have a 99 negative correlation score with DXY. Entry is at LB.
// #2 Entry (Confirmed Entry, Minimal Reward) // -: Wait for the correction to finish and buy on the close back above BL (Baseline)
// INVALIDATION //
On #1, Entry 40-50pips SL from where price touches the H4 LB (Our exits are only only on candle close)
On #2 Entry, when price rejects below the BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it.
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
DXY FALL INCOMING! xxxUSD to SPACEDXY us currently BEARISH and we are only look for SHORTS here.
How does this help us trade the market?
RULE - DXY goes DOWN, xxxUSD go UP
CHEATSHEET - Your xxxUSD trades will not move if DXY isn't ready for that big impulse legs
I make sure when I take SUD trades that day is in full support of the direction am taking.
I won't get in on any new xxUSD LONG if DXY hasn't reached the UB (Upper Band ) on the H4.
We already have the EMA CLOUD, so every UB will be a badass impulse trigger (Learn the HOOD SUITE SYSTEM)
I will be on full throttle LONG on xxxUSD (check for NOTIFICATIONS to see which of the USD pairs we will be attacking) when DXY reaches the UB on H4 as the next impulse leg should kick in from there.
INVALIDATION - IF we get a close on the PREV HIGH level then we will chart a course for the next move when that happens.
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
EURUSD 2HR CHARTWe have a sell opportunity for the upcoming week we can clearly see that the EURUSD has been on the uptrend for the past weeks making it a good opportunity for the reversal. which we already see it bounced from our key area and resistance at @1.09100 and it also broke the uptrend. we can expect a little pullback to get more orders around the resistance. overall for this following week we can expect a downtrend looking specifically for sell opportunities.
Trade safe everyone and let me know what you guys think about my analysis. Have a excellent week everyone. :)