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!
Forexmarket
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. :)
CHFJPY - MASSIVE 280pips RUN Incoming!// THE DIRECTION //
CHFJPY direction is currently SHORT - TERM BULLISH (Reason - PA is coming from a DT formation, a retracement is needed. )
// #1 ENTRY // -: Enter on the break of the BL (Baseline) to the UPSIDE.
// #2 Entry // -: Enter around the PW.5 (PWH/L Mid point) Line is on the chart.
// INVALIDATION //
Exit when price close below the Invalidation line on H4
I will post money making trades like this everyday.
GBPUSD 230pips - High Probability Setup// THE DIRECTION //
GBPUSD direction is currently looking strong to the UPSIDE (Reason - PA, EMA Cloud, SUITE B, BL )
// #1 ENTRY // -: Enter on the test of the BL (Baseline)
// #2 Entry // -: Enter around the YELLOW automated key zone (Little takeout off the BL)
// INVALIDATION //
Exit on #1 Entry will be a 40pips below BL for a 4R:R
Exit on #2 Entry will be 40pips below the AUTOMATED KEY ZONE for a 5R:R
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!
EURCAD 200pips - BRACE YOURSELVES!!!!// THE DIRECTION //
EURCAD direction is currently BULLISH (Reason - SUITE B and EMA CLOUD)
// #1 ENTRY // -: Enter on the break of the BL (Baseline).
// #2 Entry // -: Enter we we form a W accompanied with SUITE divergence take entry with a 30pips SL
I will post money making trades like this everyday.
USD/JPY market forecast and trend analysisDue to the significant decline in US bond yields, investors have been prompted to bet that it will be difficult for the Federal Reserve to raise interest rates further. The peak of US dollar interest rates is expected to come. It seems that the pressure on the yen in terms of interest spreads is being lifted, and the yen has once again returned to a clear strong return posture.
Judging from the trend, USD/JPY is currently under pressure in the trend channel, and has recently fallen under pressure here many times, supporting USD/JPY to continue to fluctuate in the downward channel, thereby increasing the possibility of the pair approaching the next bearish target near 130.
In addition, USD/JPY has fallen under pressure many times near 132.65, which has consumed the upward momentum to a certain extent. When market psychological pressure is formed, some subsequent selling orders may trigger short-selling to make up for it, and push USD/JPY to open a market to make up for the decline.
In terms of trading ideas, USD/JPY: You can enter the market with short orders near 132.65 in small batches, and the short-term target is near 131.
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.
The fastest area of wealth accumulation in the world-the forexAn investment field where one opportunity is enough to change one's destiny!
A market that works miracles every day!
Entering the new century, foreign exchange, an investment tool with infinite charm, is attracting the attention of more and more people. This market full of opportunities and challenges is changing our destiny all the time, so much so that it is loved by more and more people.
Advantages of the foreign exchange market:
1.Low threshold for investment amount;
2.The investment period can be long or short, buy and sell as you go, and the liquidity is extremely high.
3.The highest return on investment, you can get more than several times the amount of investment funds.
4.The transaction procedures are quick and easy. You only need to enter the transaction procedures, which can be completed in a very short time.
5.Trading flexibility is high, and there are many profit opportunities in the dual-track of buying long and selling short.
6.The impact environment is relatively fair, the information channels are smooth, and it will not be operated by large companies. The principles of fairness, impartiality, and openness are guaranteed. There are many factors that affect it, and the relationship between supply and demand has a great impact.
7.The degree of risk is relatively high, but foreign exchange trading operations are flexible, mobile, rapid, and risks can be controlled and prevented.
How to quickly accumulate wealth with small funds:
1. Survival first, development second.
2. Only do short-term intraday trading.
3. Operate no more than 5 times a day, and try not to place orders after the daily profit exceeds US 1,000.
4. Only 2-3 varieties are made every day.
In the trading process, at the same time, establish that opportunities are available every day, and you need to maintain the concept of waiting patiently for opportunities, and overcome the impatience of eager to win; at the same time, make rational use of stop losses, establish the concept of safety in the bag, and turn floating profits into real profits in a timely manner.After trading, find the time period when you make the most profit every day, try to give full play to your advantages in this time period, and summarize your experience every day to continuously improve your tactics.
GBP/USD: The weakness of the US dollar fuels the British poundToday GBP/USD continued Friday's rally and hit its highest level in 5 weeks at 1.2250.As investors reassess the possibility of the US Federal Reserve keeping policy interest rates unchanged at its upcoming meeting, the broad weakness of the US dollar helps GBP/USD maintain its advantage.
Risk sentiment dominated the market in early Asian trading hours as the market reacted to the news that UBS Group agreed to acquire Credit Suisse Group.More importantly, the Federal Reserve has resumed daily swaps with the Bank of Canada (BoC), the Bank of Japan (BoJ), the Swiss National Bank (SNB), and the European Central Bank (ECB) to provide additional liquidity when needed.
The positive impact of these developments on market sentiment is still short-lived.The sharp decline in U.S. Treasury yields shows that investors are repricing the Fed's policy outlook.According to CME Group's FedWatch tool, the probability of the Fed raising interest rates by 25 basis points on Wednesday has fallen to less than 50%.
The British FTSE 100 index fell more than 1% at the beginning of the session, and U.S. stock index futures fell 0.4% to 0.8%, reflecting a risk-averse atmosphere.
Nevertheless, in the current environment, the dollar seems to have lost its attractiveness as a safe harbor.As investors become more and more worried about the deepening of the global financial crisis, they avoid betting on the Fed's active policy tightening, which will lead to a weakening of the dollar, which will lead to a strengthening of GBP/USD.
In the trend of GBP/USD, the effectiveness of breaking through the downward channel has been established, and a new upward trend is being re-established. In order to determine the effectiveness of the uptrend channel, GBP/USD will also step back in the short term while maintaining a good upward trend.While GBP/USD maintains its advantage, the effectiveness of the support at the top and bottom conversion position of the 1.220 line below can be determined. Therefore, the current support below is at the 1.220 line, while the initial resistance above is at the 1.227 position, and the strong resistance is at the 1.230 position.
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.
Yemi_FX1 | Short for NZDCADPrice broke out the bigger pattern but there's no progression,then price closed below followed by a tight bearish flag which signifies a continuation to the downside.
I'll be considering
A Risk entry type at the top of the bearish flag structure at an area of value.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
How to use news and data reports to make transactions profitableFrom central bank interest rate resolutions, non-farm payrolls, PMI indexes, inflation rates and other data reports, to geopolitical developments, and even natural disasters, these are major news that foreign exchange investors cannot ignore.Because the trend of the currency is always guided by these major economic events and news developments, it is accompanied by trading opportunities.
Of course, not all news is worth trading, so we must be familiar with how economic events will affect currency market trends.For major transaction news and data reports, we can follow the following three steps:
1. Select news events that will cause price fluctuations
Foreign exchange traders tend to pay attention to certain key economic data that have an impact on interest rate speculation. These economic data include: central bank decisions and speeches, gross domestic product (GDP) data, employment data, inflation rate and trade balance.
2. Choose the right currency pair
Generally speaking, we will choose currency pairs with high liquidity. There are mainly the following 8 pairs: EUR/USD, USD/¥, AUD/USD, GBP/¥, EUR/CHF, and CHF/¥.The sufficient liquidity of currency pairs is conducive to us to use lower transaction costs to win huge profits through greater volatility.
3. Pay attention to the news release time and forecast results
We have to trade based on data expectations, that is, the actual announced results are compared with the predicted values.For example, if the non-farm payrolls report is better than expected, the dollar will generally rise, and EUR/USD may fall.
In addition, before the data is released, we need to check the price movement of the short-term chart (5, 10, 15-minute chart), and use the closing price to decide whether to trade the current data report.After the price trend is confirmed, open a position and set a take profit and stop loss.
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.