GBPCHF SHORTas I told you last week ... "GBPCHF respected our analysis from November 25 (see Tradingview) but closed above the Fib 0.5 level which would mean that it could make a correction to the area where we have Fib 618 and then go down again to the area of 1.17600 then to 1.16200 "...
...GBPCHF will have a strong rejection of 80-100 pips after which it will continue its descent ...
Forexstrategy
EURUSD Trade Signal: The Presidential DebatePresident Trump is due to hold the first Presidential debate, which may trigger some volatility across global markets.
EURUSD reached a 4hr resistance (60min chart is displayed). The trading signal strategy is to wait for the 30min close (which is in shortly at the time of this writing).
The 30min close may trigger some EURUSD weakness towards 1.7113. Should the price correct lower and does not post a 30min close below 1.7113 we might see EURUSD re-testing the high and perhaps breaking above.
The signal strategy s intentionally kept simple.
EURUSD Bullish and Bearish OutlookEarly Morning Forex Technical Analysis
The purpose of this video is to prepare for both bullish and bearish likely scenarios.
RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
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USD/JPYHello traders, here is the analysis from our team :
We feel; These area's. Will give best results for scalp buys, Or Sells.
#1 Sell @ 106.080
#2 Buy@ 106.325
* Futures sometimes run in one direction during Day. *
So. If no Momentum, Or pullback in these area's for 7/27/2020.
Void trade. We like 130 pip Sl/Target. Take profit 5 to 130 pips, Move
STOP LOSS UP WHEN YOU CAN.
Let us know in the comment section below if you have any questions.😉
Moving Averages - Effective Settings for Day TradersHello Traders,
In today's lecture I'm explaining how to use Moving Averages effectively on smaller (1hour) time-frames. Moving Averages can be applied to all assets including Forex, Stocks, Crytpos, etc..
Please note that Moving Averages are a lagging indicator which means they print on screen after price action has moved. They by no means are a leading indicator. Your most leading indicator will either be price-action itself or correlating assets.
If anyone has any questions about Moving Averages, feel free to leave your comments in the comment section below.
Trade Safe - Trade Well
~Michael Harding
Position Management Strategies for Pro TradersHello Traders,
In today's lecture I'll introduce you to several position management strategies that the pros use on a daily basis for Intra-day trading. This technique can be applied for all assets including stocks, cryptos, etc..
If anyone has any questions, feel free to drop me a comment in the comment section below.
Enjoy!
Trade Safe - Trade Well
~Michael Harding
EURUSD; Get on My Levels Euro✨ We provide charts every day ✨
Like and Follow to help us grow family! 🎉
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Ladies and Gentleman, let's get ready to Forex! Today we are looking at EURUSD levels to see how we can make money trading money.
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1. Fractal Trend is showing an uptrend (Green background color) for EURUSD on the 15 minute chart.
2. With this setup, we want to take long positions when Fractal Trend signals an uptrend AND then Breakaway Scalper signals a long entry in the uptrend by showing a Green bar color.
3. Right now we are looking for a reaction off of S1 and then a reaction above the trend line around R1.
4. If we do get a long entry we will be using the trailing stop (Yellow line) built into Breakaway Scalper to lock in profits and limit risk.
5. Other levels we will look for reactions off of include S2 - S3 to the downside and R2 - R4 to the upside.
USDJPY ProjectionThis is my projection on UJ so please take it with a grain of salt it may not go exactly as chartered.
On the weekly chart UJ has broken bottom trendline for the uptrend therefore will go bearish overall but in immediate short term may head up to retest previous high @ 112 before heading down long term
USDJPY - US DOLLAR / JAPANESE YEN - H4 - TRENDFOLLOWINGHELLO COMMUNITY,
HERE IS MY IDEA... I NEED YOUR SUPPORT PLEASE LIKE, SHARE AND FOLLOW ME. THANK YOU FOR THE SUPPORT.
1. DOWNTREND CUT
2. LAST HIGH IN DOWNTREND
3. THE LAST DOWNTREND LINE
IS BROKEN
4. HIGHER HIGH
5. HIGHER LOW
6. MY ORDER
BEST REGARDS
AUDNZD BUY OPPORTUNITYAUDNZD has a great chance to pop up much higher after confirmation of this 3 simple steps that the market is showing us right now.
1) Breakout of the Daily Channel
2) Bullish Candlestick formation
3) Strong Volume Bar (indicates more buying interest)
with that said the market is communicating with us telling us that he is getting ready to break up higher, Why?
from seeing the breakout the Bulls are telling us, look I had the strength to breakout with a strong full body candle pushing through the whole channel, and not only that but also see the volume of buyers that are coming in as well to support this move, basically we also see what other people are doing.
with just this 3 simple confirmations we can get a pretty good idea what the market is doing next.
if you still don't understand don't hesitate to comment or PM in private
Happy & Easy Trading!
P.S nothing what i said here is certain that its going to happen, this is only my projection based of my knowledge and experience in the market
Will EURUSD Make a new Lower low?Hey traders,
As we all know that we are consolidating on eurusd pair for a very long time. You can see it in below image (shaded area)
But we can clearly see that in that consolidation area the sellers weren't strong as they are right now. Last push from sellers are so strong that it is full of bearish candles.
What I am expecting that either this strong push (current push down) is going to break the strong support level if not then we need some struggle from the buyers on 4h chart in total 3 retracements as shown in pic below then after the retracements / pullbacks sellers will continue to go down.
Scenario no. 1
Scenario no. 2