In this short video, I dive into the potential EUR/USD breakout directions and why a massive move may be upon us.
I've been closely observing the EUR/USD price action on both the daily and weekly charts, and it looks like a major move is imminent. Price is getting squeezed within that diamond pattern, and the best strategy right now is to stay flat and keep observing. Once I can identify the direction, I'll be on the lookout for divergence at key support and resistance...
In this video I go over the EUR/USD on the daily and weekly timeframe and where I think we may be headed next... Current short positions are: 1.09356 1.09062 1.08628 1.08625 1.07253 1.07045 1.07036 Looking to TP at 1.0580ish.
Pre-Market Analysis for Sunday March 3rd, 2024 I take a short term and long term view on the EUR/USD, GBP/USD and AUD/USD
Pre Market EUR/USD analysis for Sunday February 25th. After the EUR/USD run up last week, I'm looking to see if we find resistance around the trend-line area for a potential down move towards 1.06000. If buyers come in, I'd ideally like to see the EUR/USD trading back above the yearly pivot level (1.0900). Trade safe and manage risk.
We’re coming down to the last hour stretch for the trading day (depending on your location, I’m in New York so closing time is 5:00 P.M. (1700) As indicated in my previous idea for the EUR/USD, it has been a pretty slow decline for the past 10 days however; it is still wedged in, in terms of a still valid falling wedge pattern. If the daily candle closes with a...
In this video I go over Pre FOMC price action on the EUR/USD, GBP/USD and AUD/USD. Be mindful of Fed price action and also NFP on Friday. Trade safe and manage risk.
This is a quick daily analysis on what I'm currently looking at for the EUR/USD, GBP/USD and AUD/USD in the coming days/weeks. Hardly any follow-through or significant price action today but with EUR and USD economic data coming out later this week and next week, we should get some good market movement that gives us an indication on what the market intends to...
A few qualifications for this trade are... •Falling Wedge Pattern •“Hidden” Divergence on the MACD. If we start trading back above 1.0900 and the pivot zone, a target of 1.1150 (Median level) wouldn’t be unreasonable. I'm going to keep an eye on long positions and see if we can begin trading higher.
In terms of trading analysis, I am a strong advocate for taking a long-term approach and striving to gain the best possible insight into where the market may be heading in the coming quarters (and in some cases even further ahead) . Identifying the overall direction of the market is a critical factor not just in positioning oneself for high-percentage gains but...
In terms of trading analysis, I am a strong advocate for taking a long-term approach and striving to gain the best possible insight into where the market may be heading in the coming quarters (and in some cases even further ahead) . Identifying the overall direction of the market is a critical factor not just in positioning oneself for high-percentage gains but...
I originally initiated a long position at 1.0854 on November 16th. After the huge bullish day on the EUR/USD on November 14th, I decided that the potential run to the next long term median level (1.1500) was on the table and although there was a threat of a pullback and I would have to endure some drawdown, the Bulls should uphold support around the median level...
Correction in the video: I meant PPI numbers, not CPI* In this video I share a potential bullish setup for the EUR/USD and what I'm looking for in terms of targets and trend continuation. The EUR/USD has been on a slight uptrend and continues to make decent pullback dips for us to position ourselves for the next potential swing. Trading Tip: Use a stop loss...
*I meant Thursday July 27th in the video, not Wednesday. There EUR/USD has made a nice move to the downside however there seems to be no clear area of support to initiate a trading opportunity. The best move to make in this scenario is to stay flat and wait for a clear opportunity to initiate a trade! Patience is the key to great trading results.
In this video I go over some EUR/USD trades that I took (Losses and Wins) and how I'm looking at the market moving forward. The EUR/USD from a daily perspective looks unclear on what it's attempting in terms of price action however, the best course of action for me is to stay flat and capitalize on the next strong trading opportunity.
In this video I look at the EUR/USD and what I'm looking for going forward ahead of the Fed.
In this video I go through what I'm expecting on the EUR/USD moving forward and what levels I'm watching to take profit and analyze the Bullish or Bearish case scenarios.
In this video I get into the mid week analysis on the EUR/USD and what I'm looking for going forward.