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...
I am seeing major resistance stoppage for AUDUSD and I will be selling AUDUSD 0.68877 (current price) if you enter please put a stop loss of 25 pips from entry. Long term swing trade. TP is open.
Looking 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...
Hey Traders, So now we have just seen a move up in AUDUSD we can play RE entries. We already looked Long at new price action, so we can take note of further zones. Watch to see more.
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...
Hey 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!
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...
Similar take to what we have indicated and marketed up for GBPUSD and XAUUSD. Check out the supporting analysis if you haven’t already.
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 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...
Gold 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.
GOLD H4 This pair has been a blessing for us yet again this week, huge 8R from that initial entry, solid 350 pips for us. Looking to continue this theme as evident and displayed on the chart above. Simple structure and zonal play. Break and retest, long continuations.
don'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.
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. 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.
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....
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...
USDWTI 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.
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. 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.