Hey Traders so in the last video I had mentioned that dogecoin broke out really fast and that when the train leaves the station it is best to wait for pullback. So now we see Dogecoin starting to retrace a little and I think that we can use the chart to see where this thing can go next. This little Dog has got every news channel the other day going crazy! But...
Hey Traders in the last video I had talked about the Euro being in a bear market but to my suprise that changed in one day! It never suprises me what difference a day makes when you trade the Forex. However I believe now looking back that there was a signal that this trend was changing but I missed it. Enjoy Trade Well, Clifford All opinions expressed are for...
Hey Traders in last weeks video I had mentioned that Dogecoin could be breaking out of a consolidation pattern in the future. Well looks like the future is now! I think we can learn something by comparing this market to other cryptos. But the question is buy now and chase the market or wait maybe for a pullback? Enjoy and trade well friends, All opinions...
Hey Traders a friend of mine recently got me into these Cryptocurrencies. Although I really only trade the Forex I am willing to diversify if I think it's a good opportunity. This is the first one I started to look at technically to gauge whats happening. So far it looks like a good long opportunity with proper risk management. I was reading some believe it's...
Hey Traders so in the last lesson I had metioned that GBP/USD has formed a 123 top formation. Although the market has started to climb back up as you can see it has still not taken out the 2 point. That means as long as the US Dollar uptrend continues this trade should work out. I still believe that the British Pound is still a great short opportunity. Trade...
Hey traders I just noticed the pound has been struggling move higher for a while now. I think the market may have topped out because the us dollar keeps on getting stronger and stronger like crazy. I think the pound is a great short opportunity in the making! Enjoy! Trade Well, Clifford (All opinions expressed are for educational purposes and this is not a...
Hey Traders in my last lesson I had mentioned a few weeks ago that the Euro could be forming a market top. Well as we can see I called the forecast correct which is a great feeling when it happens. It is also frustrating when it does not happen. But it seems the Dollar keeps getting stronger and I believe soon the Euro may reach it's profit target. I would...
The Euro may be in a downtrend but the Euro Yen has been getting stronger for an entire year! Part of it in my opinion has to due with the Yen weakening. Now that it has broken above the yearly high I think it will continue higher. So lets dive in todays lesson on how you could take advantage of trades like this in the future. (All opinions expressed are for...
In my last post I had mentioned that the Euro could be forming a Head and Shoulders top. I just love it when a trading plan comes together! I will say it feels good when we get our forecast right vs wrong. Of course there is no sure thing in trading but hey I think the charts help us alot. I only use the daily charts because I believe if you want to be...
I have always believed that technical analysis is like art. Trade what you see regardless of what we hear on the news. Of course fundamentals do play into alot of market reaction. But I am truly a believer that the charts always tell a story. The story that I see is the dollar keeps trying to bottom and the Euro keeps trying to top. Price has already closed...
Last week I had mentioned that the US Dollar could be forming an inverted Head & Shoulders bottom. Last week the US dollar tried to test support at 90.00 and failed! That means we can now trade the full pattern so I would recommend shorting all major currencies against the US Dollar such as EURO /USD, GBP/USD , AUD/USD etc... The way you trade the inverted Head...
The Head and Shoulders Pattern from a technical view still alive but fading fast. But if market breaks daily close below 90.00 then of course we have resumed the US dollar downtrend. Also if Euro breaks above daily close 1.2188 resistance we have resumed uptrend. Happy Trades!
Hello I am new to tradingview and looking forward to sharing some great ideas. I study technical analysis for more than 10 years and trade off the charts. Normally I look at the Daily and Weekly only. I think the key to being successul in the Forex is following the trend of the Dollar Index! Basically I trade the Spot Forex without stops, and Hedge my positions...