FriesianFX

FriesianFX

If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)

FriesianFX

Trade was taken, stop loss placed below the wick of the candle that broke the high of the previous candle, partial position was closed at 10 pips with the rest of the runners having a stop loss at break even. This was a perfect set-up, when we scalp these ranges all we look for are predominantly 10 pips, manage risk and enjoy the day. Will continue to look for...

FriesianFX

Not much analysis to go over with this potential trade, we are currently trading within a range where the resistance is signifacntly strong meaning any bullish momentum beyond this could be a continuous move to the upside. The key here is to watch out for potential fakeouts that we have seen over the past few trading days, the market is having a blast with...

FriesianFX

This was a requested analysis and breakdown for USDCAD market structure on the 30minute. If you have any requests do not hesitate to leave a message, I'll be more than happy to give my analysis for what I see :) As always, if you found this helpful please leave a like!

FriesianFX

Update from my previous GBPJPY anaylsis post, as mentioned it is Labour Day so a lot of the volume is missing today, best not to take any trades as it is unlikely you will see clean breaks of key support/resistance levels without volume :)

FriesianFX

This is a follow up to my last few posts relating to this pair. Remember, it is labour day which means there is very low liquidity in the markets so trade with caution! momentum is always key in the markets especially when dealing with major levels of support and resistance so trades are a lot less reliable during these low volatility periods.

FriesianFX

No bias here, despite bearish price action this isn't enough of a confirmation due to most of world being on Labour day. I do believe this week we will see Gold sell off however, as always we require confirmation.

FriesianFX

Don't forget it is Labour day tomorrow, so volume will be LOW :)

FriesianFX

If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)

FriesianFX Updated 

As you can see, a buy was executed on the break of the previous candles high after a low on the current candle was made. The idea here is to trim profits and move stops to break even at my levels, if position returns back to entry after being 5 or more pips positive then I will close part of the position and manage my risk accordingly. If you like this trade...

FriesianFX

If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :) No position taken for this trade, not right now, just highlighting the relevant ranges here.

FriesianFX

If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)

FriesianFX

Now that we have seen a resistance level form we can begin looking at a potential level to go long on USDJPY Should we see price close about this level, I will be looking too take a long with correct risk management and ideally a 10pip range. To re-iterate what I have said the past few posts, this is END OF MONTH which means market moves a bit more weirdly than...

FriesianFX Updated 

If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)

FriesianFX Updated 

If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)

FriesianFX Updated 

If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :) If you think I should post trade closer to the time of execution with more up to date analysis/stop losses/TPs let me know.

FriesianFX

If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)

FriesianFX

If you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)