As discussed on last nights FX Market scan in Market Mentor: After a big move out of the BoE interest rate decision GBPCAD looks to be continuing the uptrend. See you on the next call next Monday at 5 pm AEST time Cheers Dale DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes...
As discussed on last nights FX Market scan in Market Mentor: After a big move out of the BoE interest rate decision GBPCHF looks to be continuing the uptrend. See you on the next call next Monday at 5 pm AEST time Cheers Dale DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes...
After a three-way move down Euro looks like it's found some support right at 0.236 Fib retracement of the previous trend and the top of previous structure after NFP's last night. We'll discuss this and the other setups in the dollar pairs on our next Market scan on Monday at 5pm. See you there. DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The...
As we identified on Monday's FX market scan, Euro weakness persists. See you on next Mondays call at 5pm AEST. Cheers and trade safe Dale DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate...
What is giving us clues here? Let's chat further about this in the network. Cheers and trade safe Dale
Hi Team! Plenty happening in the FX world this week. The Pound CAD long we identified in last night's market scan is working out well and looks like it wants to continue. Feel free to discuss further in the chat room or the main feed in market mentor. Otherwise, I'll see you on the next FX market scan on Monday night at 5pm AEST. Cheers and trade safe Dale
As we were discussing on our market scan today, the short term strength in Euro looks like it's turned into weakness across the board, and EURAUD wants to continue the downtrend. See you on the next FX market scan 5pm Monday's in the network. Cheers and trade safe Dale
Hey Traders! Geeze how good are Ranges!? We've been tracking this pattern on GBPCHF for months... I missed the first entry unfortunately. Where was your message to me that something was happening here? hahah I need to get better at putting alerts on TV I think. Regardless, looks like some solid trends forming for the foreseeable future... Let's discuss...
ECB seems to be providing positive news with further stimulus to combat the COVID 19 crisis tonight. I'm liking my favorite pair to the upside here... good risk to reward, we shall see... Cheers and trade safe Dale "DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes only....
As we've been tracking for a while, USD looks like short-term strength is confirmed leading to bullish candlestick reversal patterns on the weekly. Expecting a continued correction of the current strong downtrend in DXY before finding some resistance at some point and continuing the downtrend for the foreseeable future.
After finding buying activity in the demand zone that we identified last time, Gold rallied nicely. Now it looks like it's been rejected and looks weak. What's next? Check out the video for my thoughts. "DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should...
My favorite pair EURGBP looks like it's found some support, as we talked about in today's market scan. Looks like it wants to continue the uptrend here. What are your thoughts? Cheers, Dale
EURGBP continued strength here, mainly driven from pound weakness "DISCLAIMER: NO ADVICE. Just ideas, no crystal ball. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
I'm liking AUDJPY long here, looks like a low-risk setup to me. "DISCLAIMER: NO ADVICE. Just idea's, No crystal ball. DYOR. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
EURGBP, looks like that "end of correction" may be completing that we've been watching for a while? Let's see... "DISCLAIMER: Just ideas, No crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific...
This is what a "low-risk setup" looks like "DISCLAIMER: NO ADVICE. Just ideas, no crystal ball... The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
What are the charts telling us now? "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
After topping at the 2.618 FIb extension from Wave 1 to Wave 3 and the 2000 round number level, gold has been correcting. What the correction will play out like nobody knows. The bearish candlestick reversal pattern gives us clues that it wants to go a bit lower here. I'd like to see another pushdown and then see evidence of buying activity to resume the...