USDCAD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for USDCAD below:
The price is coiling around a solid key level - 1.3596
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.3685
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Trading-forex
EUR/CAD Long, CAD/JPY Short and NATGAS/USD ShortEUR/CAD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
CAD/JPY Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NATGAS/USD Short
• If price impulses down below our most recent low, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Gold tends to decreaseWorld gold prices tend to increase in the first trading session of the week. Wall Street analysts and retail investors are evenly split on the outlook for gold prices this week.
After a series of days of losses since the US Federal Reserve (FED) kept interest rates unchanged on September 20 and after the US employment report pushed spot gold prices to a new 7-month low of 1810.46 USD, gold is finally showing signs of positive recovery.
Meanwhile, Mr. James Stanley - senior market strategist at Forex.com said that gold will maintain its recent price range but cannot increase in price, and the precious metal may even probe its low level this week. This.
TVC:GOLD SELL 1850 -1852
✔️TP1: 1844
✔️TP2: 1838
❌SL: 1856
CAD/JPY Short and NATGAS/USD ShortCAD/JPY Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NATGAS/USD Short
• If price impulses down, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GOLD movement trendWorld gold spot price stands around 1,822.7 USD/ounce, up 3.6 USD/ounce compared to last night. The price of gold futures delivered in December on the Comex New York floor is at 1,836.5 USD/ounce. The gold market did not have much reaction to the new numbers on labor in the US. US 10-year government bond yields left the highest level in the past 16 years. The USD also fell, thereby reducing the pressure on gold.
New York Fed President John Williams said the central bank may hold off on raising interest rates as inflationary pressures, while still high, are returning to the official target.
TVC:GOLD BUY 1819 - 1817🔼🔼
✔️TP1: 1824
✔️TP2: 1830
❌SL: 1812
EUR/CAD Long and AUD/NZD ShortEUR/CAD Long
• If price pushes down to and ideally just below our area of value and it doesn't do so impulsively, then I'll be looking to get long with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour or a fifteen minute rejection from it.
• If I miss the risk entry, or price reaches my area of value impulsively, then I'll be waiting for a subsequent impulse back up from my area of value followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/NZD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZDCAD What Next? SELL!
My dear friends,
Please, find my technical outlook for NZDCAD below:
The price is coiling around a solid key level - 0.8160
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8110
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
EUR/CAD LongEUR/CAD Long
• If price pushes down to and ideally just below our area of value and it does so structurally, then I'll be looking to get long with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour or a fifteen minute rejection from it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/CAD Long, EUR/USD Long and GBP/AUD ShortEUR/CAD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for an convincing impulse up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag, or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/USD Long
• If price impulses up above our most recent high, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/AUD Short
• If price impulses down, it does so in a convincing manner and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUDCHF: Reversing near the top of the Channel Down.AUDCHF may have crossed over the 1W MA100 but eventually failed, also on the 0.5 Fibonacci level, and appears to be reversing. The technical outlook on the 1D time-frame is neutral (RSI = 55.574, MACD = 0.003, ADX = 42.778), so it is a valid sell entry. On top of that, every LH inside this 15 month Channel Down (exception Jan 23rd 2023) has been around the 0.5 Fibonacci level. All this while the 1D MACD is close to a Bearish Cross formation. Sell and target the bottom of the Channel Down over the -0.382 Fib (TP = 0.54500).
Prior idea:
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Gbpnzd,pretty dead...still bias to downsideStill on the downside for shorts...watching on the h1.
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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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NZDUSD Set To Grow! BUY!
My dear subscribers,
NZDUSD looks like it will make a good move, and here are the details:
The market is trading on 0.5901 pivot level.
Bias -Bullish
My Stop Loss - 0.5878
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5941
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURAUD Technical Analysis! SELL!
My dear followers,
This is my opinion on the EURAUD next move:
The asset is approaching an important pivot point 1.6598
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.6479
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURGBP Under Pressure! SELL!
My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8675 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8657
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
———————————
WISH YOU ALL LUCK
EUR/CAD Long, EUR/USD Long and GBP/AUD ShortEUR/CAD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/USD Long
• If price impulses up above our area of value, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/AUD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EURUSD has an uptrendEURUSD on Monday fell by -0.79% and matched last Thursday’s 8-3/4 month low. The euro was under pressure Monday after the 10-year T-note yield climbed to a 16-year high, which strengthened the dollar’s interest rate differentials versus the euro.
Monday’s comments from ECB Vice President Guindos supported the euro when he said interest rates at their current levels will help bring down inflation to the ECB's 2% target and that talk of rate cuts by the ECB is premature.
Monday’s Eurozone economic news was bullish for the euro after the Eurozone Aug unemployment rate fell -0.1 to match the record low of 6.4%, right on expectations.
OANDA:EURUSD BUY 1.0459 - 1.0469 🔽🔽
✔️TP: 1.0500
❌SL: 1.0429
Gold tends to increaseWorld gold spot price stands around 1,822.5 USD/ounce, down 7.5 USD/ounce compared to last night. Gold futures price for December delivery on Comex New York floor is at 1,838.9 USD/ounce
On the world market, spot gold price on Kitco on October 2 traded at 1,830 USD/ounce.
Everett Millman, market analyst at Gainesville Coins, said that according to the annual cycle, early October is the time when gold prices start to get hotter. The gold market will soon turn upward in price due to increased buying demand from China and India. The Diwali festival begins in November but many Indians will start accumulating gold from October.
TVC:GOLD BUY 1815 - 1817 🔽🔽
✔️TP1: 1822
✔️TP2: 1826
❌SL: 1810
EURJPY Buyers In Panic! SELL!
My dear followers,
This is my opinion on the EURJPY next move:
The asset is approaching an important pivot point 157.76
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 156.86
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURUSD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.0542
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 - 1.0575
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
XAUUSD tends to increaseThe decline in gold prices is closely related to the rise of the US dollar and US bond yields, especially the 10-year bond yield which has reached its highest level since October 2007, surpassing 4.6 %.
Kevin Grady, President of Phoenix Futures and Options, noted that gold is facing a major challenge due to predictions that the US Federal Reserve (Fed) has no plans to lower interest rates anytime soon. Meanwhile, the expected increase in interest rates has lost the appeal of holding gold, which does not bring yield
Jeffrey Christian, CEO at CPM Group, said that although gold prices are struggling, it still maintains a higher price floor compared to last year. He noted that gold can build a new foundation at current prices as the US economy continues to grow, but there are also risks of a future recession.
Christopher Vecchio, head of Futures and Forex at Tastylive.com, said gold prices could fall as low as $1,800 an ounce, but also noted that as the economy weakens, gold prices could become Long-term buying opportunity.
GOLDBUY 1840-1842
✔️TP : 1846
✔️TP : 1850
⚠️SL : 1838
EUR/CAD Long, AUD/CAD Long and NZD/USD ShortEUR/CAD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/CAD Long
• If price pushes down to and ideally just below our area of value and it doesn't do so impulsively, then I'll be looking to get long with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour or a fifteen minute rejection from it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/USD Short
• If price corrects and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EURUSD is trending downIn the wider currency market, the euro EURUSD lost 0.07% to $1.0565, after ending the previous quarter with a 3% fall, its worst performance in a year. The Euro fell sharply after breaking the key support level of 1.0580. The currency touched a low of 1.0488 and rebounded from there. Resistance levels for the Euro are at 1.06 and then in the 1.0670-1.0700 zone. If the recent recovery momentum is maintained, the Euro could rebound to the 1.06-1.07 mark. However, the possibility of an increase beyond 1.07 is unlikely. The short-term outlook remains bearish. Therefore, we can expect the Euro to fall to 1.04 next week, or to rise to 1.06-1.07 and then adjust back to 1.04.
OANDA:EURUSD SELL 1.0568 - 1.0578 🔽🔽
✔️ TP: 1.0530
❌ SL: 1.0600
NAS100...Process Your Entries CorrectlyOANDA:NAS100USD
Over the past few years, I have analyzed my methods for entering trades and as I have developed, I have discovered a few key mistakes that most traders make.
1. Do no chase the price : Analyze properly and wait for your entry...most traders react negatively when price does not arrive at their target and panic and jump in because of fear of missing out (FOMO).
2. Patience always wins: An alligator/crocodile never chases its prey, it simply waits for it to come to the nile to drink and then it pounces for the kill...Wait wait wait...
3. You cannot enter a buy if the price is already at a high and likewise you cannot enter a sell if the price is already at a low...you must wait for the retracement.
3. Stop thinking that you need a lot of money to be successful at trading...you can start with as little as $50 and grow it to over $4,000 in a month using a fully developed strategy.
4. In order to become the 5% of successful traders, you must be willing to do what 95% of traders will not do and that is have tremendous patience.
#aubersystem
#auberstrategy
#whywewait
#patience
#finishthemove
#nosetupnotrade
no setup = no trade