GBP/USD: Review!!!I traded GBP/USD in my first short position. And also, I made a very good entry in the smart point. And I was in profit with 173 pips. But now, GBP/USD WAS INTO THIS Bullish channel flag that I look, and break out very good, but I don't closed up in the grant bullish evolving pattern, what I closed up my short in $1.1536 USD, and my short entry price was $1.1574 UD. What in this short trade I get 43 pips in profit, equal of 4.33% in profit. Also to comment, when I closed up this short trade, I had a long perspective that GBP/USD could to up, what my prediction was very good, but never the price goes my my buy pending place in $1.1490 USD, but my direction was very good, what if I get this trade and touch my buy order place. So, my profit will be 121 pips or 12.10% in this trade. But after that GBP/USD continue climb up, so I cancelled this trade as never goes to my pending order.
But well, the only profit that I get was in my short trade, also I was very good in this trade in short, what GBP/USD was so near to take my profit for only 33 pips more down. But the only that I want to work a better it's when I see a bullish evolving, the same for the bearish trend when we see a bearish evolving, its time to take decision to closed up and keep away of this trade when price action speak me that there're a change of trend in the price fluctuation. But, well, not bad, and also my both analysis in short and long was very good in GBP/USD. And for long position, when I take this place, so I don't see any negative comment in me, but so it's very normal that somtimes the price continue up without activate the pending order at favor of the trend.
So, as my monthly ROI was in 11.33% and sum only 4.33% in profit. So my account grow to 15.66% in profit during this month on September.
Now, if I decide to trade GBP/USD, we could to see a formation of Shoulder Head Shoulder inverted, what the next movement could be bearish in GBP/USD to look a strong resistance in a key point to watch
Review
AUD/CAD: ReviewMaybe, this par was very bad when I analyzed, because as I was very focus in H4 timeframe, I was bullish in my first trade in AUD.CAD and the price down ant took my SL and loss -3.12% in this trade, so AUD/CAD continue down.
This was my past analysis in H4, but I learn that if this trade look that has a lot support to watch, and also if look very complicated to analyze, I believe that I suppose to analyze better in H1 than H4, because in H1 look very bearish than H4 timeframe.
But I fix this analysis in H4 and this it's very simple and classic than using the previously screenshot to analyze it. As I fell in both trade, first in long and then in short.
But more in short as I fell in this trade, but as also on Thursday at night, I was in short, but maybe hour of midnight, we see a formation of this bullish evolving pattern and I was liquidated and loss another -3.54% in this trade.
Maybe, this trade was not good for me as I made a bad analysis that I will need to work a little more in this par, as if I see a par like this, it's better don't complicated a lot draw, the analysis will be simple and classic what I look to prevent this fell.
But now, it's very normal that not always I will get positive streaks, as everyday we learn something new in our life to work better. Nobody born to win, if you don't lose firs and learn of it. So I have a loss of -6.66% in this trade. So, as I had 17.99% in profit during this month. My account using this formula 17.99 - 6.66% = 11.33% in profit during this month on September.
So, my earns in this month drop to 11.33%. But not bad!!!
So guys, I learn in this par that to make a technical analysis, it's very important to be classic and simple, and not very complicated to trade it as I fell in my first trade that was a good point to look more.
And well, if i decide to trade AUD/CAD, well we see that maybe could to continue up after this break-out and look target to $0.8989 CAD. I will add my 2 link of my past analysis in AUD/CAD.
EUR/USD: Review!!!During this week, I made an analysis on Euro/Australian Dollar, when I said that Euro will climb up following my past analysis link to related idea, what I made a very good analysis. But I dont entry in this trade as I was in another. But now, at the moment, my prediction was correct when I said that Germany (The largest economy in whole Europe) do and European Union to rescue the countries they to one shield energy customer and businesses from this inflation in the energy crisis. what I found out it's that Germany Government make an investment of 65 billion (Euros) on shielding energy customers and businesses from soaring inflation and $95 billion (Euros) the amount allocated to inflation busting since the Ukraine began in February 2022. Another data show that Germany has spent over 300 billion (Euros) on propping up the economy over the past 2 years of the covid-19 pandemic.
So this movement was bullish in Euro, but I rate this trade very good analysis.
Now, to have another perspective, we see a bearish harmonic pattern ABCD formation, what it's look very interesting to short Euro in the 0.782% Fibonacci after this drop, and technical analysis identify a bullish divergence.
Midweek Review: New Pairs, New TradesHey everyone Dean here from WealthTIP, were our tip for wealth is to trade, invest, and prosper. So today we looking at a few pairs that could be offering some interesting opportunities before the week ends. To see what we looking at simply watch right through and let me know what you think.
EUR/GBP: ReviewEuro/Sterling Pound was a good trade, but I don't catch this long posiiton after that I believe that Euro could to weak, and not pass it.
Well, from Monday, I put a sell order place that don't touch my place, but my movement was correct shoritng Euro, and then, I put a short more below, also I predict very well that Euro/Sterling Pound it's forming a bullish divergence in my 2nd update that I made in this week, but that was my mistake, I was in long when I know that Euro will climp, but I closed up my long and open a short at 0.8433 GBP, what Euro could to weak, but I would have to entry later of this another confirmation of bullish evolving what I see now, that i the past hours I'm not in my chart everyday looking Forex par, but we see that. And then, I get a othe loss of 3.33% in this trade.
So guys, If I hold my long position as well or if I would have the chance to long position again, so I can to get at least 70 pips in profit or 9% in this trade, but as I fell in this trade for 2 reason:
1) When I knew that this was a bullish divergence, I supposes to hold my long position, and not entry when EUR/GBP was making a little down and then up in my analysis and being a little more disciplined.
2) If not bad if I entry to short if I knew the probability that Euro will weak, but in the past hours I don't checked my trades as for now in the morning, what it's very important to monitoring the trades if there're a change.
So, the reason #2 could be more valued than the #1. But nothing, this week I get a loss of -6.38%. But not very bad as I take always my risk management calculated every week. So, I closed up this month with 35.74% in ROI. what this month in August was incredible in total what I trade this month. Then next week, we're in the weekly final of what we have left days to finish August, but now, during the next week I start my September and find up my goal of 20% monthly in my ROI.
So guys, in comparison in the past week vs this week was very hard and also what I need to learn a little more it's being a disciplined if I know when there're a change of trend as we see in EUR/GBP by bullish divergence and price action analysis. and be always pending the trades, and I believe that when we trade in the consolidation, sometimes we would need to hope to pass the big events when its very hard to know what will be happening. But nothing, these review that I making it's to learn and apply it for my experience.
I know that I'm not perfect, but it's very important to learn about mistakes and how to work everyday to create our original version and bring the world more better and strong forming a team. The lives based in experience and practice, and that it's a key fundament to apply in our mindset.
So guys, this it's all!!!
GBP/USD: ReviewIn this forex par, was an extraordinary trade I found out what I end in this week earning 298 pips. It's 29.8% increase of my account. That was phenomenal. That was one of the extraordinary trades during this week. Only to discuss, my first entry was around $1.2117 USD that I entry when I had an entry below of $1.2086 USD and I was liquidated in this first trade to short after this manipulation occur that was on Wednesday, August, 17, 2022 that I'm shorting since Tuesday, August, 16 and I was very good, but an economic news UK Consumer Pride Index that raise 10.1% in comparison with 9.8% indicating optimistic at 2:00 a.m. move this manipulation to liquidated everyone shorting GBP./USD, what maybe, this movement move the Pound a little up until $1.2140 USD on Wednesday in the early time losing -5.37%. But more later, I re-entry to short in $1.2117 USD when I knew that this it's a just a manipulation and I do it very good. Also, durign this re-entry I will make to extend the profit to $1.1940 USD. and also days more later I put a 2nd entry in GBP/USD from $1.2056 USD with SL to $1.2098 USD in my 2nd trade, and my first trade it's being protected with break even at this same price $1.2098 USD.
What in both trades I ending with a success earning in my first trade 182 pips (18.20%) and my second trade 116 pips (11.16%) So, in comparison in my losing of 5.37%. I make in both trade waht I get profit a total of 29.8% earned and less 5.37%. So, my real profit was 24.43% in this par GBP/USD. It's like 244 pips earned in this trade.
But that trade was extraordinary and pretty successful. The only fell was that I entry before of this economic news in UK about CPI that raise 10.1% that I believe that if I would have placed my sell order above of $1.2115- $1.2140, maybe this week will be almost perfect in this trade, but in another word, that was an extraordinary week and this was a best trade that I traded ever earning 24.43% taking in note the fundamental analysis about UK inflation and worrying in the economy.
This its the H4 that you can view better here hen I draw this zone around $1.2140 USD that was a point that I don't see and draw, for that, it's very important to me to know my risk management and taking a plan always to trade Forex market. This it's a manipulated market and hard, at least if you have a comprehensive study.
So guys, I hope that this review support as a good example and work in your Forex analysis, everyday I will make a review of my Forex par to know my performance, making critics whether it's positive or negative and work everyday to becoming a Forex trader and master of this field.
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Also, I I want to sum all my trades eanred in AUD/CAD that was 6.01% and GBP/USD that was 24.43%. In total in this week I made 30.44% in this week, that was overpass my expectative to find up as minimum 10% weekly and taking an ending plan of 20% monthly as minimum ROI.
So, 30.44% in this week was extraordinary for me and growing up as a Forex trader and Mastering this field. So, guys, combining this the 2 past week and this week. In the past 2 weeks in August I made 11.67% and now I made 30.44% that in total I finished with 42.11% in ROI in August. That it's very extraordinary what I trade in this week and during this week was a nice week. So guys, I overpass my expectative in this month with 42.11% in comparison with 42.11%. It's the double what I made.
So guys, in the next week, we hope good trades to ending August with nice ROI.
Good bye!!!
AUD/CAD: ReviewAustralian Dollar/Canadian Dollar was one of the best trade that I trade this week when I post my past analysis in AUD/CAD that price it's was going down when broke down this bullish channel. What that get me an earn of 77 pips or a increase of my account 6.01% in this par.
Also, my analysis was very good as I predicted this drop and excellent in this review that I make. I don't see any negative opinion about this trade that I do as this was a directly trade to earn in based of my fundamental analysis that Asian currencies are being affected by China Industrial Production and slowdown in their economy in Asia.
What this par I made 6.01% in earnings in this trade.
In the past week, I got 11.67% in earnins, what my goal it's to reach 20% monthly. And plus 11.67% and 6.01% it's an earns of 17.68% during this week. That was nice!!!!
Daily review of ETH interval 4HHello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,897
T2 - $ 1,913
T3 - $ 1,926
T4 - $ 1,939
and
T5 - $ 1,957
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,880
SL2 - $ 1,864
SL3 - $ 1,847
SL4 - $ 1,823
and
SL5 - $ 1793
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy and the MACD indicator shows a local downward trend.
Review of the USD / PLN chart on the 1D intervalHi everyone,
Let's take a look at the USDPLN chart on the 1-day interval.
As you can see, for some time we were moving in the uptrend channel marked by yellow lines, but now we are moving in the local downward trend.
It is worth setting the first support line at 4.54 PLN, and then we have a strong support zone from 4.47 PLN to 4.37 PLN. Looking further, we see another support at the level of PLN 4.24
Now let's move on to the resistance that the USD valuation has on its way and we see that the first resistance appears at 4.64PLN, the next one at 4.68PLN, then we have a strong resistance zone from 4.72PLN to 4.78PLN and the next resistance at 4.86PLN.
Let's look at the Chop indicator which shows that we still have a lot of energy and the MACD indicator shows a local downward trend, but the blue line bends strongly and is close to the intersection of the red line from the bottom, which would confirm the upward trend change.
GBP/CAD: ReviewGreat Britain Pound/Canadian Dollar was one of the best trade that I have, together with GBP/AUD and AUD/CAD. But this trade was hard because I believe that GBP will strength, but the price continue drop into this consolidation that I identify it.
We formed a bearish descending triangle and right now, made this break out what I get 6.50% earns or equivalent of 101 pips
So guys, as I had 16.69% and sum 6.52% in this trade, so I get in total 23.21% of earned.
So, this it;s the end of this week that I finished with 23.21% earnings and -3.87% lossing. So, compared with the last week, in total to reach my 20% monthly, my % in progress it's around 11.67% in this month in August, but my goal it's to reach 20% monthly, as minimum goal.
I'm very well for now!!!
So guys, every week, I will do review on Forex par to know what I did good? as What I did bad? Because, this it's my evaluation to know my performance in my trading and my experience.
EUR/CAD: ReviewEuro/Canadian Dollar was a nice trade, but dont' touch my target that left 9 pips more to get my profit, but I was very good in my predition until made this drop of 0.90% that drop in front of Canadian Dollar, what mean that Euro was in the manipulation zone clearly that I dont detect in H4 timeframe
If you see, in H4 timeframe I draw a manipulation zone that I study today that this point was to liquidated was this par was in the zone of manipulation ,but my trade was very good and I supposed that if I see very clear this zone, at least i would have another 7% in this trade approximately that it's 110 pips, but as I put my target a little up in the left of 9 pips to take my take profit automatically. So, the price continue drop and made this break out forming this bearish channel flag
But not bad, becuase when this price drop in my time that I turn on my Trading View, I decide to closed up and find another trades in GBP.
But now, I learned that in H4 we could to identify this key point to find up liquidation in the price. In this trade I just earned 0.78%. I was good, but the drop I dont expect it for left of 9 pips to take my profit. Also previosuly of this long, I was in short from Monday, but pass the same that I closed up my short position in EUR/CAD and never take my sell order limit. But not bad, this it's a learning edge process that every trader need to live this experience.
What its in total 20.56% earned in trades in EUR/CAD, GBP/AUD and AUD/CAD
GBP/AUD: ReviewGreat Britain Pound/Australian Dollar continue drop since Thursday, August, 11, 2022 when I said that GBP will weak in front of AUD, what I entry around $1.7232 AUD, and I got profit to $1.7031 AUD (+202 pips earned)
This it's a nice trade.
Meanwhile, I have in Daily timeframe that GBP/AUD could to forming a pull back after this break-out of this symmetrical triangle that I look now.
So guys, at the moment, I got profit in this trade earned 11.88% in this trade
I will sum all my trades in this week compared with the last week and my progress to achieve my goal this month 20%.
*Remember, if you're interesting to make Forex trading, you will need to be consistent and patience to achieve your goals and dreams, and also it's very important to read it because people believe that they will come to make easily money in trading, when trading required a lot patience and discipline in this field, but you will need to take trading and financial market like passion. But you can to invest, learned and discover them.
This it's one of my best trades this week!!!
REVIEW $ELF STOPPED OUTHere is a review of my stopped out trade review on $ELF with a 1:3 risk to reward thesis.
Bearish
Fundamental
- High PE
- Negative PEG
- Negative P/ FCF
- One must note beauty and cosmetic related products are always top of the chart in the online business / Lazada / Shopee
Technical
- Price broke down 2 years upward trend line with a long wick rejected
- Momentum theory indicator was seen under the water
- Price further broke down forming a M top / channel
Entry idea
- Entry idea was based on few confluences
- Rejection / retest of the trend line
- Rejection on 0.5 fibo
- Price below 200 MA
Stop loss set on 0.786 fibo level which within 1% of my trading capital and got stopped out.
Trading performance should always be based on how well you trade on the outcome of a single trade.
Cheers and happy weekend to all traders!
Video Review Of AUDCAD Top Down Analysis / Market ReviewHello Traders.
My name is Opeoluwa aka Opizzlefx and i have created this video to explain my view on AUDCAD and my projection. I started my analysis from the WEEKLY timeframe gathering all my information that i need to make a decision on the lower timeframe. If you need to understand this simple method just message me privately.
Thanks for Watching
Regards
EURGBP CPI Data review!Hey Traders,
Having a look back at the previous analysis that I published earlier last week on the EURGBP pair. Looking for a positive data release from the Great British Pound CPI and therefore shorting this pair. I developed a box area where we were trading in a range and I was anticipating a break out of the range following the data.
Join me as I review the analysis, how it all planned out, and then also why I believe it moved the way it did. Also why a lot of people would have been caught out by the actual release of the CPI data.
I hope you enjoyed this outlook an as always. Have a successful trading week!
4.5R:R Trade Review! (How I did it)Hey Traders,
Today we're going to look into GBPNZD. I took a trade which resulted in a 4.5 risk reward ratio. The beauty of this trade is I called it right here on the tradingview ideas page yesterday. I put up a great British pound/New Zealand Dollar idea, spoke about it and said exactly what I'll be looking for in order for me to enter and we actually had everything deliver.
So today I'm going to be doing a trade review talking about that. I've linked the original trading idea below if you want to have a look at it yourself, or if you potentially want to have a look at some of the other ideas, come over and check out our page. I do put a lot of effort into this and I do appreciate any likes or comments you guys give. As always have a very profitable week and I hope you all have a fantastic weekend.
Catching the 120 PIP move! EURCHFHey Traders,
The trade we've been waiting for has finally arrived. We've been talking about it for weeks. We had been working on it for weeks together right here on the TradingView ideas that you can see linked below.
Every trade idea I talked through exactly what I wanted to see, how I thought this was going to play out and then where are points of Profit going to be as you can see by this trade review right here, it worked out perfectly. I want to run through exactly what the trigger points were exactly, what I did and how it was done. Then, I also talk about how the trade played out and looking forward into the future.
Let me know if you enjoyed this. I generally really appreciate any likes or comments you do leave as it indicates to me that it is worth the time and you are taking value from these ideas. In the meantime guys have a fantastic trading week.
Weekly Trade Recap: AUDUSD -1%, NZDUSD -1% 03-06-22Hello everyone:
All my trade analysis, forecast are shared on TradingView Live Stream Market Outlook/Updates.
You can take a look at the live stream to see my real, live positions by linking broker to Tradingview.
Live Stream Link:
Monday NY Session, Feb.28th
www.tradingview.com
Wednesday NY Session, Mar 2nd
www.tradingview.com
Welcome back to this week’s trading recap video.
Let's take a look at the trades closed this week between Feb 27-Mar 5th.
AUDUSD: -1% loss
Full analysis/forecast:
NZDUSD: -1% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Week 09 ReviewAll symbols on my long watchlist went higher, soybeans(oil) topped out www.tradingview.com
I found a new entry method: Don't just enter long below prior days low but below RTH (regular trading 9.30 to 22.15) session low or at prior POC
Blue pin bars on the 5 min chart provide a low risk entry bar (stop below that bar)
Nevertheless exiting trades at prior POC (also those POCs that are outside the RTH) is better than just holding on to trades.