Forextrade
AUDCHF ready to turn up first time since Jan 2023Inv H and S is forming on the AUD/CHF.
We are seeing signs the market is ready to turn up.
1st with the Rising lows.
2nd the 7 is about to cross the 21MA.
3rd, the price is looking up to head back to 200MA.
4th RSI turned positive and has made higher lows.
Looks good for upside. We just need one good break up out of the downtrend and we good to go.
Target 0.6474
CADJPY setting itself for upsideAscending Triangle is forming on the CAD/JPY.
We have had a few fakeout breakouts above. Nothing too promising yet.
But we are seeing higher lows and that is comforting for the price to continue up.
7>21 - Bullish
Price<200 - Price reaching 200MA elastic area.
RSI>50
Target 106.00
Bullish by nature
GBPZAR UPDATE Still on the way to R25.00 to the poundThe charts never lie!
I posted this trade alert in October 2022 with the massive Falling Wedge on the Weekly.
It broke above the R20.35 and it showed the next strong resistance at R25.00.
target will be R25.00.
I called it a long term analysis but changing it to a MEDIUM term analysis because of how quickly it's accelerated.
I guess we can only wait for the target to reach until the next trade alert is given.
Poor Sout Africa and those holding rands (Including myself).
EUR/USD setting itself for great upside to 1.6507 with warningCup and Handle has formed on the daily with EUR/USD
The price has barely broken above, but it's still a breakout.
7>21>200
RSI>50
Target 1.6507
SMC:
Sell Side Liquidity Order Block
FUNDAMENTALS
We are seeing demand fill the orders as the US Dollar is getting weaker.
The US Dollar could soon be demoted to just another reserve currency among the Ruble, Yuan and maybe even the REAL.
This is going to cause a big dent in the confidence with the currency as investors will flock to other places to invest in.
The signs of a weaker dollar are strong, and so other currencies are likely to head up.
UPDATE: GBP/AUD hit target 1 at 1.8789 still upside to comeInverse H and S formed and strong upside was shown for GBP
7>21 >200
Price is above 200MA
RSI >50 Higher lows
Target hit 1.8789
The trend is up and price is showing strong bullishness still.
We need to wait for the market to consolidate and prepare the next trade idea.
TRADE UDPATE EURAUD - On its way to the target 1.6816Rounding Bottom formed on EURAUD and since it broke above the neckline, it's been moving on a strong up trajectory.
During the upside there have been two order blocks formed Sell Side LIquidity, which everytime the market comes down big orders are taken out and there is buying into it pushing the price higher
7>21>200
RSI>50 =70
Bullish bias
Target1.6816
GBPCAD showing strong upside since break of W FormationW Formation formed on Daily where the price broke up above the brim level.
7>21>200 - bullish
RSI>50
Target 1.7364
SMC:
When the price broke above the neckline, it then came down to retest the support (touching Sell SIde Liquidity) This is where Long stops were triggered and shorts were activated by dumb money. Smart money swept the liquidity and bought into it, which is resulting in major upside to come.
20 reason for sell EURUSD Update 28/08/2022
1 Structure 1+2 : bearish
2 imbalances /OB: targeted
3 Current Move 1+2: impulse
4 Entry TF : D1
4.1 ETF Structure: bearish
4.2 move : Correction
5 Support Resistance: Resistance on imbalance
6 FIB: last move 100% filled
7 candle Pattern: multiple wicks bearish (Advance )
8 Chart Pattern: Double bottom Breakout (Advance)
9 Volume : Above Average (VAS)
10 Momentum: bearish (RSI UNCONVENTIONAL)
11 Volatility : Diverged Bollinger band by (john Bollinger)
12 strength: bearish (ADX Advance)
13 Sentiment : weakest according ROC Currency strength
14 Final conclusion: sell with single confirmation
15 Buy /Sell/Wait : sell
16 Entry:0.9950
17 Sl: 1.0083
18 Tp: 0.9763
19 Risk to reward Ratio: 1:4
Excepted Duration : 15
SPX500 Entries + ExitsSome big support/break plays for this pair this week!
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
NZDUSD long up and running 🙌👍Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
USD/CHF Signal - USD Personal Income - 30 Jul 2021USDCHF has traded into a key support / resistance level prior to the USD personal income data, which measures the income for Americans. Technically the pair has traded into a key level, and the RSI is giving an oversold sign, thus we expect upside into the 0.9110 level.
GBPCAD long just alerted 💪🔔Entry details are shown on the chart.
We are working the 15M time frame on this strategy.
We're only looking for the green line which is take profit target.
White line is entry and purple line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Previous trade which was covered in the idea below earlier on in the week can be seen on the chart.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Week begins with a GBPJPY short 📉🙌Morning traders.
Our script says lets start the week with a GBPJPY short trade.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
Last weeks final trade which was a long also included on the chart.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
NZDCHF long just valid & seeking to go 4 out of 4 🎯👊Entry details are shown on the chart.
We are working the 15M time frame on this trade.
We're only looking for the green line which is take profit target.
Purple line is stop loss and white line is the entry point.
Trade history can be seen below this trade idea too for full transparency.
Previous trades for the week shown on the chart.
It has been a productive week so far and this trade is looking to make it four out of four.
This trade has been running for an hour at time of writing.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Anyone else in EURAUD shorts 🙌🙋♂️Entry details are shown on the chart.
We are working the 30M time frame on this strategy.
We're only looking for the green line which is take profit target.
Trade label has entry details and purple line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Previous two trades can be seen on chart.
The last one hit SL but that is part trading.
Previous one to that banked good profit despite not quite making TP before next trade presented.
Lets see how this one plays out 🤟
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
NZDUSD long in progress 📈🔔Short trade that was running has come to close in profit as new long trade has just alerted.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
EURCAD seeking TP 👍🎯Just reviewing some trades I'm in this morning that have carried over from yesterday.
Late share on this one but still worth an idea in my opinion.
I was away from screen when this one presented and as we all know by now I automate strategies.
Entry details are shown on the chart.
We're only looking for TP3 and currently half way to the 90 pip target.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.