USD/JPY Short and CAD/CHF ShortUSD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
CAD/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Trading-forex
USD/JPY Short, AUD/NZD Short and GBP/CAD ShortUSD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Short
Minimum entry requirements:
• 1H impulse down below AOI.
• If 3 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/CAD Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/USD Short and NZD/USD ShortGBP/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
NZD/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Uchf seeing potential topping off from D1 key zoneHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Potential flipping on the h4, if it doesn't probably gonna continue its upwards move. Watch on its crosses too .
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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Eurjpy and Audjpy looking for looks if jpy continue weakensHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
If Jpy is still showing weakness, then likely i am looking at both AJ and EJ to look for long opportunities
But do keep in mind if BOJ gonna dish out stuns on its interventions.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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USD - my bias is still up the upsideHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
technicals wise still healthy to go up, for majors i will be looking to go on short. Especially so watching on Nzdusd.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Nonfarm prediction April 5, 2024Gold fell back after an unsuccessful attempt to stabilize above $2,300. Traders withdrew some profits after the strong rally.
Gold is still in an overbought state so there may be more downward momentum in the near future.
Prediction information from Nonfarm is currently inconsistent on one side when the Average Income Index / Hour is growing strongly at 0.3% but Nonfarm is predicted to decrease compared to the previous period and Nonfarm prediction ability decreases. is extremely high when unemployment claims are at a high level and because of this, the Fed is also highly likely to reduce interest rates to attract more jobs.
EUR/USD Long, EUR/CAD Long and USD/CHF ShortEUR/USD Long
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
EUR/CAD Long
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
USD/CHF Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
[EDU-Bite Sized Mini Series] 5 Ways that you can trade Forex!Hello Fellow traders!
Welcome to another bite sized Mini series on forex!
I hope that these info can open up your interest in forex trading and understand more about forex market!
Trading in the forex market offers various opportunities for investors to capitalize on currency price movements and profit from exchange rate fluctuations.
One of the most common ways to trade forex is through the spot forex market , where currencies are traded for immediate delivery at the current market price. Spot forex trading involves buying one currency while simultaneously selling another, with the aim of profiting from changes in exchange rates.
Another popular method of trading forex is through currency futures , which are standardized contracts traded on regulated exchanges. Currency futures allow traders to speculate on the future price of a currency pair and hedge against currency risk (if any). These contracts have predetermined expiration dates and are settled at a future date based on the difference between the contract price and the market price.
Thirdly, venturing elsewhere , we can take a look at Currency Options !
Currency options provide traders with the right, but not the obligation, to buy or sell a currency pair at a predetermined price within a specified period. Options offer flexibility and limited risk, making them attractive for traders seeking to manage their exposure to currency fluctuations. Options can be used for hedging purposes or to speculate on future price movements.
Forex spot betting , also known as spread betting, is a derivative product that allows traders to speculate on currency price movements without owning the underlying asset. Instead of trading actual currencies, traders place bets on whether the price of a currency pair will rise or fall within a certain time frame. Spread betting offers tax advantages in some jurisdictions and allows traders to leverage their positions.
In addition to these methods, forex trading can also involve other financial instruments such as contracts for difference (CFDs) , which allow traders to profit from price movements without owning the underlying asset. CFDs offer leverage and the ability to trade on margin, enabling traders to amplify their returns but also increasing their risk exposure.
Overall, trading in the forex market offers a diverse range of opportunities for investors, with various instruments and strategies available to suit different trading styles and risk preferences. Whether trading spot forex, currency futures, options, or derivatives like CFDs and spread betting, traders should conduct thorough research, develop a solid trading plan, and employ risk management techniques to enhance their chances of success in the forex market.
Thank you for your time and hope you have enjoyed the content and if you do so please leave a thumbs up or a comment if you have any suggestions to make this better!
Do check out the other links if you missed out on the other parts of this Forex Mini Series i put up for all (FREE)!
GBP/USD Short and GBP/CAD ShortGBP/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/CAD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
EurCad Looking for shorts on pullbackTradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
GbpNzd a pullback for long?Tradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Watch out for the pair to go long, extended pair, but structurally still for me to go on long unless something changes
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Eurusd watching for pullbacks to shortTradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
looking for reasons to short :)
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Usd index still bullish with it, watching for more upsideTradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
As mentioned in my streaming, i mentioned that usd has no major change in its price structure, likely more upside and bias to long for the majors.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
GBPJPY Will Go Lower! Sell!
Take a look at our analysis for GBPJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 190.950.
The above observations make me that the market will inevitably achieve 189.762 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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[EDU-Bite Sized Mini Series]What is Forex?Beginning with this post, I'm excited to share free educational content diving into the intricacies of Forex trading. We'll cover everything from fundamental basics to advanced concepts and terminology. My aim is to ignite your curiosity about Forex and encourage you to explore this dynamic market with me.
Without delay, let's kick off this week's installment with "What is Forex".
Forex, known as the foreign exchange market, stands as the epicenter of global currency trading, facilitating the exchange of currencies from various nations. Picture yourself planning an international vacation to Europe from the United States. Before embarking on your journey, you'd exchange your U.S. dollars for euros at a currency exchange booth or bank. This simple act encapsulates the essence of Forex trading on a larger scale. Every day, trillions of dollars worth of currencies are exchanged in the Forex market, driven by the needs of businesses, travelers, investors, and governments.
For instance, consider a multinational corporation based in the United States that wants to expand its operations into Europe. To do so, it needs to convert its U.S. dollars into euros to pay local suppliers and employees. In this scenario, the corporation engages in Forex transactions to manage its currency exposure and mitigate risks arising from fluctuations in exchange rates. Similarly, imagine a forex trader in Japan observing economic data releases indicating strengthening economic conditions in the United States. Anticipating a potential appreciation of the U.S. dollar against the Japanese yen, the trader may decide to buy dollars and sell yen, aiming to profit from the expected currency movement.
The Forex market operates continuously across different time zones, allowing traders to participate at any time of the day or night. This accessibility provides flexibility for individuals and institutions alike to execute trades based on evolving market conditions. Beyond its role in international finance, Forex impacts daily life in myriad ways. Exchange rate fluctuations influence the prices of imported goods, travel expenses, and even interest rates set by central banks, ultimately shaping the global economy. As such, understanding the dynamics of the Forex market is crucial for businesses, investors, and individuals navigating the interconnected world of finance.
EURUSD Trading Opportunity! BUY!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0798 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0834
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GOLD On The Rise! BUY!
My dear friends,
Please, find my technical outlook for GOLD below:
The instrument tests an important psychological level 2165.3
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2183.7
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURUSD Will Go Lower! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.085.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.082 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPCAD Massive Long! BUY!
My dear subscribers,
My technical analysis for GBPCAD is below:
The price is coiling around a solid key level - 1.7140
Bias - Bullish
Technical Indicators: Pivot Pointso High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.7224
My Stop Loss - 1.7096
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GOLD Is Very Bearish! Sell!
Here is our detailed technical review for GOLD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 2176.117.
Considering the today's price action, probabilities will be high to see a movement to 2157.430.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!