The EUR/JPY pair currently shows potential for upward movement, supported primarily by the ongoing divergence in monetary policies between the European Central Bank (ECB) and the Bank of Japan (BoJ). The ECB's hawkish stance, involving rate hikes to manage inflation, contrasts sharply with the BoJ's ongoing zero-interest-rate policy and quantitative easing. This...
NG - Natural Gas is approaching a sell zone. Let the GAP close and look for a price near the 88.6 FIB level for a retracement down. As always, secure 20 PIPS! Share your thoughts. The Professor
We are looking at Silver approaching the extension. This is a solid area to start looking for SWING SELLS on Silver. Share your thoughts below. The Professor
Crude oil is currently in this bearish channel. We saw rejection earlier of the key fib levels. I would look for another sell opportunity if we reach the higher fib levels for an intraday trade before 1130am EST. Share your thoughts. The Professor
Crude oil is currently facing resistance on a 1-hour time frame. We've established an upper and lower zone for trading. On the weekly candle from last week, the price closed above the previous week's level, which indicates a possible uptrend towards higher levels around 83. If there is a significant gap in the price on Sunday, we should watch for how the...
We will continue to follow the 4-hour SAR to the upside until we see a SAR flip to the top, indicating we take profits. We are currently at a 1-hour resistance level. Look for more BUYS with retracements, and the original SAR is the ultimate SL, which would signal a trend reversal. Let me know your thoughts. The Professor
I will monitor price action on this floor and have set alerts for entry. Wheat futures need a correction to the upside. Let me know your thoughts. The Professor
I like this retracement up on the SP500. I like this SELL opportunity because the indices are also way overbought. Share your thoughts! See more information below👇 in the profile. The Professor
Hello traders, I would like to see CAD come up and retest this area. The JPY's have been weak even though I anticipate some strength in early December. Let me know your thoughts and ideas. See more information below👇
Hello traders, I would like to see EUR/JPY drop from these levels. We have a nice Fibannoci setup along with a retest area. Share your thoughts and ideas. See more information below 👇
This trade setup is based on the MONTHLY charts. This is a SWING TRADE idea, assuming we reach the entry point. I anticipate the JPY's will gain strength in early December. Share your thoughts and ideas. See below 👇 for more information. The Professor
Hello traders, I am looking for a nice retracement and rejection near that 61.8 fib level. This is the DAILY time frame. Share your thoughts below. Want to see more? Look at the links below. 👇 Happy Trading, The Professor
We are taking trades based on the daily chart using the SAR. As shown, the entry for this trade will happen once price action breaks that level, thus creating the SAR. I kept the TAKE PROFIT very conservative, especially for a DAILY chart, but I want you to learn patience with trading the DAILY chart. Let me know your thoughts, and if you find VALUE in this...
If we see price action come down to this area, I like a BUY position. SCALPERS - This is a GRTEAT trade for you. DO NOT get greedy! As always, I recommend taking profits after 20 pips and/or protecting your trade after 20 pips. I look forward to your feedback. Thanks, #PapaPips
The price action is coming down to fill the Sunday GAP from 2 weeks ago. Once the GAP is closed, look for a BUY entry in that zone provided. Happy Trading!! Comment your thoughts below. Thanks, #PapaPips
I am looking for #crudeoil to pull back toward the 61.8% fib level on the 1-hour chart. If so, then see the continuation down back to 85.00. Each fib level will act as support and resistance. Happy Trading! Share your thoughts in the comments. The Motivational Professor "Leadership is the art of getting someone else to do something you want done because he...
As noted to our members, Natural Gas rejected that 2740 area and is now heading back to retest the 2700 area. We should see a bounce in this area back up for a longer-term bullish move. As a scalper, this is an excellent area for a BUY opportunity. Thoughts?
We got the rejection we were looking for at 4440. We took our first profits at 4420. Now we are looking for a pullback UP and then enter again with a final target zone of 44.10 or so.