EURUSD H4 - Short Signal EURUSD H4
In addition to GBPUSD, we also have EURUSD which is at a key area of resistance. This 1.09 handle is acting as a whole number resistance price, amongst H4 supply and previous tested resistance. Certainly a good region and zone for a short confluence stack.
We will be following EURUSD, GBPUSD and DXY very closely this week as we are trading from some significant levels.
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USDJPY: What goes up.. Must come down. Massive Trading LessonLooking at the USDJPY will provide perhaps the most important lesson in trading you can find. Ascertaining what is Market value; what is a high price (and what your decision needs to be) VS what is a low price and what you should do.
The USDJPY is a classic example. Price has rallied for 22 months or so and the price has risen enormously. This is OVERSOLD and you can see how Traders (Who know what they are doing) have moved into the market and pushed it down. We called it and said this would happen because we looked at the market from a factual non biased perspective.
We also looked back to key price action levels to determine what further adds to the concoction (evidence) for a short.
Tie it all together and you get a fall you can take gains on. We can now look for further falls after price pops until we reach Price levels to get final exits, again using our knowledge of market value.
All in all, when trading any market, just do it factually. No stories. High price V Low. That's what works!
I hope that helps as always!
GBPUSD Market : Learning How To Handle The Move After..So here's a full breakdown of how market sentiment affects Trading, especially now and what to do now we find ourselves with a retracement move.
Firstly it is your job to DETERMINE where prices have value in the market. Where can you get a good deal ya know... that's what we all like.
Trading is absolutely no different. Prices fluctuate in the market and we are looking for the same level of deals as normal (buying high and selling low).
Without Market News and Tracking you will be unaware of the state of anything that is going on and you will be taking trades perhaps sometimes when you should/should not in the wrong size. Remember, it's healthy to vary this at all times.
For USD pairs, we saw them get dragged into the dirt way way down until they were shouting for it to stop. You now have a rise which you have anticipated and can handle (after watching this).
It is time to swap your bias. The market has changed. The value has changed and your direction must too. Take note of sentiment (USD losing value Faster) and change your risk appetite accordingly.
Short Bias remains as we reach core resistance. This is the same across the board as shown in the above video.
As always, Trade small, Trade safe.
GBPUSD Levels Pre Employment DataHey Guys,
In this video we go through how to trade the GBPUSD today PRE market news. We like volatility as it moves markets so one must PRE plan levels for Entry and Exits.
And these are based on KEY Market value and DCA Rules. We are not just picking levels at random..
Risk Averse SAFE Trading rules.
See you there!
The Math Behind The Financial Markets..Here's something to level up your Trading right now..
Once you understand these levels and the simple mathematic basis to a successful strategy you will see higher levels of accuracy because you are PLANNING at all times.
And no, don't worry, you do not need to be or be related to Mr Einstein. It's pretty simple stuff to manage..
1. Probability in the markets must be your friend. Ask yourself at all times is the trade I'm taking probable?.. (at a point where the opposite side of the market moves out and you pick the prevailing move).
2. Variance in the markets also needs to be your second best friend. Ask yourself before any trade you take, can I survive this market swing if it occurs, be it natural or a Black Swan?..
Once these questions are answered it's likely you stand a higher chance of being 1. accurate in your Trading and 2. well within control of your Capital.
Trade Safe, Trade Small, be in control.
GBPAUD D1 - What new traders should be looking for...GBPAUD D1
One of the more simple charts you can look to trade, left to right ranges on high timeframes. Reduces the amount you trade due to the higher timeframe, allows you, to lets the market do its thing.
Measurable and consistent, good confluences and lots of opportunity to be taken.
DXY D1 - Long term DXY Bull trend. DXY D1
Still working from these higher timeframes, the trends are very evident, we can't help but notice the higher structure HL's/HH's.
We have a sequence of earnings figures for US stocks and this has a knock on effect with the DXY and XAU. Fuelled by FED rate and FOMC comments... We have seen dollar pullback.
However, things data points and risk headlines are still in the backing of a USD dollar, and even with these corrections seen not directly correlating with data release... We are still holding structure. If 105.000 breaks, this could be the pivot.
Gold H4 - Long SetupGold H4
Seen some selling pressure on gold in line with DXY/USD strength, but we must bear in mind the other factors which influence gold price movement.
Mostly its effect as a global safe haven and risk on/risk off instrument. I feel gold may find support here, some lower TF rejections would be good.
EURUSD Long termdon't forget to click on the follow button after reading for more daily professional analysis.
Here we have our updated EURUSD chart.
We have looked at this asset long whilst incorporating DCA.
There is a lot of room to the upside to be filled and we are looking long to the TGT shown by our directional arrow.
EURAUD to dip and riseFor more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
The EURAUD recently hit our targets and we are looking to RE long on smaller TFs. Longer term move is upwards to more comfortable resistance.
We will look for this move out after the next dip in price.
EURJPY we like it Long..For more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
We have lots of different rules for our entry confirmations all described in my coming video course, but price is long on this fall..
Price is CHEAPER this way.
Eurjpy has fallen to a Lovely long zone. Todays news has caused this move and we are going to trade it!
Target is identified by the directional arrow.
EURUSD big movement..For more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
Here we have our EURUSD chart. After our targets were smashed yesterday we can now begin to RE long at this comfortable support we are approaching.
the USD has been affected heavily by sentiment and is likely to continue to do so. Now is a great time to be trading it.
All TECHS line up with our RM. Trade with a FULL plan it helps a lot !
USDWTI H4 - Short SetupUSDWTI H4
Following yesterdays events, we have now seen the new/fresh low and subsequent pullback, we were eyeing up this 71.50/b for potential shorts.
Certainly starting to exhaust and scallop over here. 6 minutes until H4 close, we could be targeting a fresh low yet again with targets of circa 65/b.
AUDCAD fallingFor more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
After hitting recent targets we are now looking to short again on the AUDCAD. We have seen a recent huge rally and price is now overbought.
AUDCAD Price target is back down towards or key MA’s.
EURUSD a wide load with some room..Don't forget to Click the follow button for daily professional analysis, also please feel free to ask any questions you have!
Here we have our updated EURUSD chart.
After hitting our first targets we are expecting a small dip before a further push to the top of the parallel channel as shown.
This is likely to be the start of a move upwards.
Long the dips.. It works great.
Price direction is shown by our directional arrow.
GBPUSD updated pounding..Don't forget to click on the follow button for more professional daily analysis , also if you have any questions, please do ask them!
Here we have our updated GBPUSD chart.
We spoke previously about bottoming out and we are now seeing a further push.
This move has room to go and we are looking to be long further on a small TF price dip.
Direction for price is noted by the directional arrows.
A brilliant story.Don't forget to click on the follow button for more professional daily analysis, also if you have any questions, please do ask them!
The CHF brings up a very nice story, for me.
I used to go there a lot years back and I went again in november.
This is because I and my family like it there. Its a place we return to,
Just like this, the price is back where it has flown up from again And that is why we are RE buying here.
EURGBP tipping..Good Morning, afternoon and evening traders, don't forget to click the follow button after reading my post for more expert daily analysis!
Here we have our EURGBP chart.
We have seen price action to the downside from this asset and there is further room to fall.
Price direction is noted by our arrow and will take us back to our MA's.