usd still bias on the upsideHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
I am in general still bias on upside for USD but do note that it is coming to a key rejection zone on the weekly chart..but shall monitor till something really changed...
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
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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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Trading-forex
GBP/CAD Short, EUR/CAD Short, EUR/AUD Short and EUR/NZD ShortGBP/CAD Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/CAD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/AUD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/JPY Short, CAD/JPY Short, AUD/CHF Short and EUR/NZD ShortUSD/JPY Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
CAD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/CHF Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/JPY Short and AUD/CHF ShortUSD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/CHF Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/CHF Short, EUR/USD Short and EUR/NZD ShortAUD/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short, EUR/AUD Long and AUD/CHF ShortNZD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/AUD Long
Minimum entry requirements:
• 1H impulse up above area of value.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
USDJPY Is Very Bearish! Sell!
Here is our detailed technical review for USDJPY.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 159.759.
Taking into consideration the structure & trend analysis, I believe that the market will reach 159.016 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EUR/AUD Long and AUD/JPY ShortEUR/AUD Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it.
AUD/JPY Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it.
EUR/AUD Long and AUD/CHF ShortEUR/AUD Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it.
AUD/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/CHF Short, AUD/CHF Short and EUR/USD LongGBP/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.
AUD/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.
EUR/USD Long
Minimum entry requirements:
• 1H impulse up above AOI.
• 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUDUSD Technical Analysis! BUY!
My dear friends,
My technical analysis for AUDUSD is below:
The market is trading on 0.6592 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6624
Recommended Stop Loss - 0.6573
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
AUD/CAD Short, GBP/CHF Short, AUD/CHF Short and USD/SGD ShortAUD/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.
GBP/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.
AUD/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.
USD/SGD Short
Minimum entry requirements:
• 1H impulse down.
• 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/AUD LONG FROM SUPPORT
Hello,Friends!
EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.636 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair.
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GBP/CHF Short and WHEAT/USD ShortGBP/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.
WHEAT/USD Short
Minimum entry requirements:
• Tap into 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.
AUDNZD Has bias for some more down side...Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
I find the long tailing candles of the last 2 weeks disturbing....but still bearish on this cross..watching for short opportunities!
Do check out my recorded video (in trading ideas) 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 looking for some pullbacks to go longHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Pullbacks would be good for going long. Eurusd looks weak. But Gbpusd, audusd and nzdusd arent that on a higher timeframe. They are also at key levels , watching to hold or not...
Do check out my recorded video (in trading ideas) 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.
*********************************************************************
GBP/CHF Short and WHEAT/USD ShortGBP/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.
WHEAT/USD Short
Minimum entry requirements:
• 1H impulse down below most recent low.
• 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 shortGBP/USD One hour trading report overview
Tickets (EP): 1.2795
Reason: Select the 1.2795 entry point based on the relative strength index (RSI) and wait for favorable opportunities Opportunities
exist during market corrections.This setup suggests the best entry point to capture a potential downtrend.
Stop Loss (SL): 1.2868
Rationale: Stop loss is set at 1.2868, calculated using average true range (ATR) data.This strict stop-loss setting is designed to protect
the trade from any unexpected upside, thereby minimizing potential losses.
Take Profit (TP): 1.2711
Reason: Take profit level is set at 1.2711 The strategic goal is to maintain reasonable profits when the price is close to the previous
support level and to ensure reasonable profits when the price pulls back.
Profit on this trade: 84pips (840usd/lot)
Please note that foreign exchange trading involves risks and the analysis provided is based on the information provided. Market
conditions can change rapidly, so it is important to stay current and consider implementing risk management strategies. It is crucial to
monitor the market closely and adjust your trading strategy accordingly.
XAUUSD - Gold 4hrSimple trading - Trend breakout
BULLS:
No more bearish liquidity on the intraday timeframes. With new higher highs, Gold may have enough momentum to head towards 2330 and remain above the 2340 price. CPI Report came back negative which may allow gold to maintain above the previous support 2310-15.
BEARS:
Gold has NOT completely rejected the 4-hour HEADS and SHOULDER. This is because gold has broken above the neckline, Yes. But technically this could be the retest we have been waiting for. If the price falls below 2310 and fails to hold above the downtrend bottom channel, expect gold to freefall to the next support area.
*These are just my thoughts, not financial advice.
GBP/CHF Trade Recap, GBP/CHF Short and USD/SGD ShortGBP/CHF Short
Minimum entry requirements:
• 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.
USD/SGD Short
Minimum entry requirements:
• 1H impulse down below most recent low.
• 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/USD BULLS ARE GAINING STRENGTH|LONG
Hello,Friends!
The BB lower band is nearby so AUD-USD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.663.
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