Get started

Impulse

How to analyze any market from scratch (Impulse & Correction) #2Hello everyone: I received positive feedback on the last video on how to analyze the market from scratch, and many have told me to make more of these similar contents. So here we go :) I will go through multiple examples of how I would analyze the market by following these simple steps: Multi-time frame analysis (Top Down Approach) Start from HTF to LTF Identify the Impulse Phase and Correction Phase Identify whether the Corrections is Continuation or Reversal HTF Bias > LTF Confirmation > LTF Entry Any questions, comments or feedback welcome to let me know :) Thank you How to analyze any market from scratch #1 DISCLAIMER: -My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information. -There are many scammers & fakers impersonating me, my channels/platforms to scam people. Be very careful as I will NEVER private/direct message you first no matter what.
Education
by jojofang0901
45
EURGBP Bottom of structure, watch for reversal hello traders; EURGBP is at the bottom of the higher time frame structure, and there could be opportunity of a bullish reversal. We can see price has mostly been correcting within the larger HTF descending structure. Every time when price hits the bottom, if there's reversal correction on the lower time frame, we do indeed see the bullish reversal impulse phase, pushing the price higher. This time is no exception, as we can there is some consolidation again at the bottom, what we can wait for is the price commit to the upside with a impulse up, follow by continuation to confirm the next bullish reversal up move. thank you
Long
by jojofang0901
31
Weekly Trade Recap: DOW +1%, AU +1.4%, NJ +3%, AJ +0.6% 01-11-22Hello everyone: Welcome to this week’s trading recap video. I wasnt actively trading in the last 2 weeks of December 2021, but is back for our regular trading and recaps. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. NZDJPY: +3% Full analysis/forecast: AUDUSD: +1.4% Full analysis/forecast: AUDJPY: +0.6% Full analysis/forecast: US30: +1% Full analysis/forecast: Any questions, comments and feedback welcome to let me know. Jojo Thank you ALL for the feedback, support and likes. ITs your positive engagement that will motivate me to create more trading analysis, forecast, live streams updates, educational contents, and much more continuously in future. DISCLAIMER: -My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information. -There are many scammers & fakers impersonating me, my channels/platforms to scam people. Be very careful as I will NEVER private/direct message you first no matter what.
OANDA:US30USD
by jojofang0901
19
GOLD Bearish Forecast and Outlook Hi everyone: GOLD hasn't been on my watch lately, as I thought price hasn't develop anything that would fit my plan to enter. Now, the recent development is interesting and we could potentially get some bearish bias in the market that can confirm downside. What we are seeing here is some pattern separation of the price. After the initial bullish up move, price failed to continue higher, instead a bearish reversal impulse down. The latest price action shows us the price is in yet another consolidation, but more ascending like. Good indication of a bearish down move when price finishes correcting. Watch for lower time frame downside, follow by continuation before entering. Thank you ALL for the feedback, support and likes. ITs your positive engagement that will motivate me to create more trading analysis, forecast, live streams updates, educational contents, and much more continuously in future. DISCLAIMER: -My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information. -There are many scammers & fakers impersonating me, my channels/platforms to scam people. Be very careful as I will NEVER private/direct message you first no matter what.
OANDA:XAUUSDShort
by jojofang0901
35
GBPNZD Bounce from Monthly HighsWelcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** GBPNZD is strongly bullish, however, it's approaching previous monthly highs from July and August 2021. Massive selling pressure appeared from the level taking the price from 2.0000 zone to support at 9813. We expect a bounce from the previous monthly highs to first target of previous key support at 9820 area, and second target 9700 zone. If you use our popular B-Swing Strategy, simply follow the entry criteria rules and use strategic risk management. Pip pip HOORAYYYY! :) Keep this pair on your watchlist and enter when the entry criteria of your strategy is met. COMMENT, LIKE, AND FOLLOW for more! Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
4
AUDNZD Which One will be weaker ? Hello traders As my bias on the AUD and NZD pairs are weakness in them, here on AUDNZD would be interested to see how this pair will develop. IF both AUD and NZD are bearish, how likely will the direction goes ? To me, best to look at the price action development to confirm Here on AUDNZD, we can see a strong bearish impulse down, and now we can see a larger structure developed. Double tops, few swing highs and lows are look great as a bearish continuations. Lastly we see an ascending channel at the top, and if price can commit to the downside with a lower time frame impulse, and follow by smaller continuation correction, then we can expect the bearish market to resume Thank you
Short
by jojofang0901
25
To Infinity and Beyond! (Axie Infinity)Axie Infinity (AXS) was one of the first gaming tokens to go on a strong run with huge % gains. The most recent impulse movement began from Sept to Nov 2021 where AXS made an ATH of ~164 and increased by ~223% in that period. Since then, AXS has been trading in a descending channel where it has found good support at the 38.2 fib level which is often a strong area to buy after an impulse movement has occurred. Assuming the support holds, AXS can trade toward the upper end of the descending channel and with enough volume, breakout of this channel with a mid-term target at the 61.8 level. In the case of an exceptionally strong impulse movement, it can target the 78.6 fib. Of course, all alts still answer to BTC (apart from a few gems...) so trade carefully. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments, questions and thoughts below!
Long
by kush23456
Quick Market Updates: (Forex, Crypto, Commodity) Hi everyone, had some time in the morning to scan through the charts for this last week of 2021. Although I personally wont be actively trading or entering any positions, there are some opportunities that are potentially shaping up. Will share some screenshots of what I am looking at below. I did see in my group discussion chat room from last week that some people were in some trades before Christmas Eve and the weekend, and are wondering why the spreads are high. I been saying this for a few weeks prior to it happened and no exception to this last week on Thursday and Friday (New Years Eve/New Year) will be the same. So be careful and understand the low liquidity and low volume is the cause of the big spreads. So watch out your live positions if you are in any. Forex: Pairs such as AUD and NZD I mentioned in the last quick market video that I am fairly neutral and want to see more development. As we can see at current price, the LTFs are showing us some bullish potential. If they can continue the bullish move then it can void the bearish bias and outlook. AUDUSD - NZDUSD - USDCAD - AUDJPY - NZDJPY - Commodity: Oil played out nicely from the previous outlook, looks like they can continue the upside. CORN: UKOIL: USOIL: Crypto: Many pairs are pushing up, potentially in some bullish move. I talked about 3 from the last quick market update video, and seems like more and more are playing to the upside now. TOTAL - ADA - BTC - DOT - SOL - Indices: Most are approaching ATHs, so I will just be observing what the market will do next few days. Again due to holiday and low liquidity, best to stay out until clear development.
BINANCE:ADAUSD
by jojofang0901
26
Quick Market Analysis and Breakdown & My Personal UpdatesHello everyone: Hope everyone is well. :) Those who follow me on my other platforms have got the message that I will not be too actively trading in the last 2 week or so in December. My wife is due for another baby in about 7 days, so I am pausing anything that is not immediately necessary and freeing up some time for my family. Apologize on missing the last 2 streams and next week streams as well. Everything should go back to normal for my normal contents in early January 2022 I received overwhelming support and feedback messages both public and private from many of you, so I really appreciate the positivity support that I receive. Thank you all :) Today I did find some time to quickly scan through the chart, although I likely won't be taking any positions as I point out in my other platforms that I am in the process of consolidating a few trading accounts that I have, withdraw/deposit etc, and basically taking a small break as well. But I still like to go over the market in a quick video here to outline what I see that could shape up for the last week of December and 2021 for you all :) Few pairs that are interesting: Forex: AUDUSD - NZDUSD - AUDJPY - NZDJPY - USDJPY - Commodity: CORN - UKOIL - USOIL - Crypto: ADAUSD - BTCUSD - SOLUSD - Thank you : ) Jojo
FTX:SOLUSD
by jojofang0901
42
NZDJPY Same Bearish Sell Outlook Hello traders: Similar bearish price on NZDJPY, as we have the same expanding structure that hits the higher time frame double tops. Price failed to continue higher, instead, bearish reversal price action on the lower time frames. We see a clear bearish impulse phase down, now there is lower time frame consolidation, good signs of further bearish momentum. Watch for correction to complete and look for sell down to previous low and lows of the HTF expanding structure. Thank you
Short
by jojofang0901
19
AUDJPY Follow The Bearish Reversal Momentum Hello everyone: Last JPY pair on my watch is AUDJPY which is also showing signs of bearish reversal development. After the price has hit the higher time frame highs, no bullish continuations. Instead, price reverse down with bearish price action on the lower time frames. Lower low, lower high to push the price down, and finally a strong impulse phase to confirm the downside momentum Now that price has broke out of the expanding structure and consolidating, best to look for further sell entry down the the next low to continue the bearish trend. Thank you
Short
by jojofang0901
35
USDJPY Reversal Price Action From The Top Hello traders: Few of the JPY pairs I was originally looking at had some bullish development few days ago, but in the last day or so have develop more into some reversal bearish price action. Here on USDJPY, we can see price has formed into a nice Head and Shoulder Pattern at the top of the current price action. A previous swing high, double top as well to add to a bearish bias confluence. Now that we can see a strong bearish reversal impulse down, follow by continuation correction, be on the look out for lower time frame correction to short down to previous lows. Thank you
Short
by jojofang0901
29
GBPJPY Bottom of structure, bullish reversal pntential Hello traders: We can see GBPJPY's price is currently at the bottom of the overall HTF expanding structure. How price is developing at the bottom is the key to identify and confirm the possible bullish price action. We can now see a potential double bottoms, and a descending channel, good signs of the bullish reversals. Best to wait for price to commit to the upside, by a bullish impulse up, follow by continuation on the lower time frame before entry. thank you
Long
by jojofang0901
18
AUDUSD failed to continue lower, bullish reversal price action Hello traders: Few weeks ago I was more looking at AUDUSD to continue the bearish trend to the downside. However once it hits the higher time frame previous lows, price failed to continue lower. Instead a bullish reversal impulse phase up on the lower time frame, and formed into a inverse Head and Shoulder reversal. Good signs of bullish price action. We can now wait for completion of the right shoulder, and a lower time frame impulse up follow by continuation would be the confirmation for another upside Thank you
Long
by jojofang0901
25
AUDJPY Same Bullish Reversal Price Action Hi traders: Similar like AUDUSD, here on AUDJPY its showing us the same reversal price action. After hitting the previous lows, no further downside from the price, instead a sharp bullish reversal impulse up. We can now see an inverse Head and Shoulder developed, and currently forming the right shoulder. Same approach to look for confirmation would be waiting for the completion of the right shoulder correction, and wait for price to impulse up and look for lower time frame continuation to get in on the next up move. thank you
Long
by jojofang0901
25
CADJPY Failed to Continue lower, watch for bullish up move Hi everyone: Few weeks ago I was more looking at the JPY pairs to continue its strength and bearish move. Instead last week we slowly see some reversal development across the market. To be what I see now on CADJPY is price did not continue after having a strong bearish impulse on the lower time frame. The correction that I thought would be bearish continuation, turned out to be a bullish reversal, and we did see price impulse up. Now, the latest development shows a smaller, LTF continuation correction, all good signs of the bearish momentum may be exhausted now. So be on the look out for bullish price action to get in the buy to the previous highs. thank you
Long
by jojofang0901
30