Samuel_Sowedi

Samuel_Sowedi

We are in a very strong down trend on this pair. It will be wise to short on pull backs once we have an ABC. until such a time we will see on the high time frames that we have now changed direction and we are Long. Trade Smart. Trading with Samuel

Samuel_Sowedi

This pair has recently finished wave B of Major wave C of the previous downward correction. The pair is now trading at wave 3 of wave 2 of wave C. I am keenly observing this pair. Once our wave 2 is complete, we shall be looking at trading a big wave 3, 4 and 5 of wave C for the major correction to be through. If the price goes beyond our invalidation Zone marked...

Samuel_Sowedi

This Crypto has finished its 5 wave move on the major monthly Timeframe. the downward move has also completed wave A and wave B of the 5 wave Correction and we are not trading at wave C. We expect wave C to be a 5 wave move downwards. From the look at the structure, we have a five wave downwards giving us a wave 1. Afterwards, we can see wave A of 2 and wave B...

Samuel_Sowedi

The pair is in an upward channel movement. Currently forming wave 4 of wave C of wave 2 of 3. Once the Price finishes forming wave 5, we will have completed wave C of wave 2 of wave 3 and begin the larger wave 3 of wave 3. Prepare for long Short position. But the Pair is in a long-term bearish move. How do we trade? 1. Buy the wave 5 once we have wave 4...

Samuel_Sowedi

*Another Possible Scenario of this Pair. - EURAUD* We know the pair is in a strong bearish move. But the price doesn't go down forever. Market movers have to always push the price up to make it low for them to buy the AUD Pair. Looking at the Price, we are on an upward channel. anytime we see a channel we must know the instrument is in a correction phase and...

Samuel_Sowedi

This is an interesting pair. If the Pair Respects the Resistance Zone, we are in for a huge shorting movement. If the Pair Rejects the Resistance Zone, then we will look back to see what the market is telling us. I look at the pair respecting the Zone because of the following reasons; we have a forming head & shoulders pattern; we see no momentum towards the...

Samuel_Sowedi

This EURAUD Currency Pair The general movement of this pair is Bearish. Looking at it from a 4 hour time frame, We can notice a head and shoulder Pattern. We are waiting to see how the price behaves around the neckline. I will be placing my sell stop order slightly below the shoulder line and ride with the trade all the way. *Trading with Samuel*

Samuel_Sowedi

*The CAD/CHF Currency Pair* On a weekly Time Frame, this pair is on a range. And is currently approaching the middle of the range in a possible downtrend. Looking at the 4 hour chart, we notice a strong support zone. We shall wait for the candle to give us a close below the support, Retouch the Zone before we can place our sell order. So we add this to our watch...

Samuel_Sowedi

This is the GBP/JPY. Looking at the Daily Chart, we see a very strong uptrend. But the market looks like its exhausted with moving up. Because huge imbalance is left after a resistance zone turned support. We must see the market come back to retest this area. Looking at the 4hr chart, the market is in uptrend. but the candles and not that impulsive suggesting...

Samuel_Sowedi

The Euro is currently in a strong bearish trend. what we are experiencing is a retracement of that move to a major resistance zone in the area. we look to sell within the zone once we get our confirmation through what we have discussed in our private lessons. if the prices have a daily close above the zone, we will wait for a retouch of the zone to show that it...

Samuel_Sowedi

1. Looking at the wave principle, we can be able to tell the market is on its iv wave of the extension of the first wave of C. This is a bearish trend in the Long term. At least for the next few weeks until we can have leg C finished. 2. We have had a strong leg downwards. we now have something like a flat consolidation forming. what does this tell you? Look...

Samuel_Sowedi Updated 

There we go. we can see a retracement happening. we have set our trade. and let it run. This movement will run for the next few days if not weeks as we anticipate the US dollar to gain value over the Auxie Trade Smart

Samuel_Sowedi

The market is in a major downward move. Once we have a breakout from the previous low to the bottom of mid of the channel, we will be looking for a flag (retracement) before we can enter our positions. Market needs a lot of patience. Remain smart. Manage risk.

Samuel_Sowedi Updated 

We can see a messy price action. But this does not mean we cant trade. you Just need to know what you are looking for in any trade setup. Well, once the price gets through the pervious high, formed yesterday, be sure to take a long position after a retest of the area with stop 3 points below the previous low. Our risk to reward ratio is 1:1 Let your target be the...

08:37

Samuel_Sowedi

There you go. I got people in my inbox asking me to do a video of the pair so they could further understand. watch. Trade Smart.

Samuel_Sowedi Updated 

The pair is on a long-term correction probably for the next few weeks to the area that I earlier on pin pointed. As we are well aware, the market will never move in a straight line. it will always move in waves. To my own interpretation, the market has made its first move up and is not resting. Lets take advantage of that move. our risk is 18 pips and our reward...

Samuel_Sowedi

Look up; 1. We are on a strong downtrend with a dynamic daily resistance line. 2. Market moved dropped. then made a 3 wave movement before dropping further. 3. After breakout of the base area, the market is returning back to test the previous area before dropping further to complete the move. 4. such large move suggests strongly that there is another leg preparing...

Samuel_Sowedi Updated 

The pair has just completed wave A of the larger 5 Waves. the movement up is temporary long positions by the smart money who are willing to risk part of their capital to create liquidity for the next move towards wave C. This then means that up movement is creating wave B which will see it turn around between the 50% or 61.8% retracement of the Fib. For now, we...