For my trading is so important have more confirmation for my trades. Like in this case... 1. I see Strong S/R zone from the past 2. Pretty good volume cluster with significant POC ( Point of control ) 3. Weak highs of the market.. Where i expect breakthrough in direction my long trade Happy trading Dale
After strong sell off from my previous level i expect continue this downtrend. Another good enter for this short is price level 1.10590... Where is strong Point of control... And in the past was thsi price level strong S/R zone. Happy trading Dale
After nice move up can see pretty strong accumulation on GBP/USD In this accumulation is strong Point of control (POC), where is many orders for long trade. I hope so that during pull back to this level will be strong buyers active again... and pushes the market back up. Happy trading Dale
EUR/USD was in a strong downtrend. In this downtrend, sellers were adding to their selling positions . They were adding mostly at places where Volume Profile shows significant volume clusters . There is one very significant volume cluster very close to the current price. It is very likely that the sellers who accumulated their selling positions in this volume...
Here is my opinion on CAD/JPY from my weekly prediction on my youtube channel. After nice move down are created strong volume cluster where is accumulatited many orders. I hope so that strong sellers will be react on this volume cluster and push the market in my direction. Happy trading Dale
After nice friday sell off is in the chart two significant Volume cluster... I expect that strong sellers will be defend their selling position... Take profit = 10 pips Stop loss = 12 pips Happy trading Dale
Here is nice POC ( Point of control ) of the last week. From this point in the past started nice move upwards. For that reason i expect that this strong buyers will be defend their long position when the market return to this price level. ( 80,696 ) Weekly POC is strong S/R zone and i recommend watch reaction about this level. Happy trading Dale
After nice move up yestarday i will be find long trade... Because yestarday daily candle was around 100 pips which is after long time on EUR/USD so much... There is pretty good point for long trade arouind 1.12042. As confirmation is there volume cluster with S/R zone from the past. Happy trading Dale
Crude OIL still continue with downtrend.... In the move down is nice to see tracks of Banks and institutions... On this two volume cluster i will be take short trades... Btw... Check also my previous prediction on Crude oil where i predicted move donw from 66.41 There was start of this nice DOWNTREND!!!
Right now is EURGBP in nice trend up... However the market not give to us change take long trade on near volume cluster... For that reason nice single confirmed with volume cluster is around 0.868 for long trade. Happy trading Dale
Today i expect close GAP because this GAP is around 22 pips big. Usually when the market open with GAP after volume accumulation, the price goes back to the volumes and there is reaction. How trade setup GAP can you read in my book... Happy trading Dale
As you can see on this Daily chart is nice to visiable this uptrend. I use on this uptrend my trend setup for better visibility Volume areas. First one was already tested.. around 1290 Second one around 1243 is waiting for my long trade. There is nice confirmation from price action - S/R zone + Volume cluster Happy trading Dale
There is another strong level... Strong support zone and it is based on volumes accumulation in 0.7032 area. Where is sideways price action before the start of buying activity. Also was in this area strong rejection of lower prices and rejection like this indicates that buyers agrressively rejected the low prices and i want to be on side the buyers. Which mean i...
How i predicted on the start of this week. The strongest volume support on NZDUSD Let check my last video : Weekly Forex Market Analysis & Trade Ideas – 22th October 2018
Here is my EXTRA support intraday level on EURGBP. 1. Take profit = 10 pips 2. Stop loss = -12 pips
This trade idea is based mostly on a Trend setup. There is a strong downtrend on the NZD/CAD right now. In such case, I look for volume clusters that were created within the downtrend. On the biggest volume cluster are more likely to respond by correction. This is reason why i wait for returning market to this volume cluster. How i set profit and target can you...