Aussie printed indecision candles forming a structure during the London Session, Structure again bursts under bullish pressure, leading to profits during NY session All due to the release of PPI data, showing No change in producer's cost, easing of inflation Data is bearish for the DXY, leading into elections, slowing of volatility look to buy Gold???
Currently we have a Bearish Retracement on the Daily Timeframe The 1hr timeframe shows exhaustion of this Daily Retracement, We Have 2 vulnerable structures on the 1h timeframe that can burst under intraday Buy Pressure. Confluences have strength.
Look at multi time frame ananlysis and key levels & Intraday entries using the Prime Trend Strategy
EurJpy - we pick back up where we let off on Tuesday. Following a successful analysis, we were prepared for a the retracement to create a new low and then to find some sort of support to give us bullish continuation with the overall trend (Daily). Trade setup successfully presented itself. Profits were secured, See ya next we hopefully with a new pair.
EurJpy is creating equal highs on our intraday timeframes. Our overall bias is is bullish based of Daily Trend. The equal highs on the intraday timeframe give us reason for caution as to how we look for our next buy setup. Also, Equal Highs can give us reason for a Intraday Retracement to become an Higher Time Frame (Daily) Retracement. Allowing us to trade the...
This video is an introduction to the setup of our PRIME trading strategy. How we setup the indicators and price levels in order to get situated for trade setups.
Sell UsdChf- In my opinion, it is going to turn bearish until minor intraday support over the next 12-24 Hrs. - Search for a swing low on the lower time frames for entry.
Buy AudCad - In my opinion, it is going to turn bullish over the next 12-24 Hrs. - Search for a swing low on the lower time frames for entry
Buy Oil - In my opinion, Oil is going to turn bullish over the next 12-24 Hrs. - Search for a swing low on the lower time frames for entry