EUR.USD Short - TP1: 1.02000 - Tp2: 1.01100 - Entry @ downtrend. SL is dynamic. Waiting for price to make a lower time frame exhaustion back to its downtrend. Wait for PA confirmation before entry to the downside. Review video analysis for a detailed explanatio.
EUR.USD Short - TP1: 1.02000 - Tp2: 1.01100 - Entry @ downtrend. SL is dynamic. Waiting for price to make a lower time frame exhaustion back to its 4h downtrend. Wait for PA confirmation before entry to the downside. Review video analysis for a detailed explanation.
Here we have oil on the 15m timeframe, if you take this to the daily timeframe you can see that we have quite a significant uptrend. so we are waiting for minor exhaustion to catch some pips on the re injection of buy pressure. you can see here that we have now had that exhaustion to a level of buy pressure and the uptrend so now all we are waiting for is double...
Here is cake on the 1h timeframe, the reason for us being interested in this coin is that we have a daily uptrend which we have identified, it also looks like now we are about to see exhaustion to that trend and also a 4h level of buy pressure that will send price to the upside. For this trade to be valid we need to see full and complete exhaustion to this level...
here is the CADJPY chart and as you can see we have a head and shoulders pattern forming on the daily and 4h timeframe after the third contact with the daily downtrend. How do we trade this? well what you can do is wait for sell pressure to come in now and enter at price action confirmation or you can trade the break of the neckline, what we are going to be doing...
This is tesla on the daily timeframe, we can see that price is finding buy pressure at the daily uptrend which is price action confirmation for us. we know that Nasdaq is seeing a move to the downside but I'm very interested in this quick in quick out to catch a few pips and if we do see another move to the downside it will be after another touch of the weekly...
Here we have the DXY on the daily timeframe and as you can see we have a daily downtrend and also we have made contact with a significant level of sell pressure. where will the DXY go with inflation now at an all time high? only time will tell. what we are going to do is monitor this closely and wait for either a break to the upside or to the downside, this will...
Today was the release of the usd core inflation rate and the result is pretty dramatic, the result was 4.5% which is the highest since 2008. what will this do for the dollar? initally there was a sell off but now it seems as though price is making its way back. what we can see on the daily timeframe is we have experienced the 3rd touch of the daily uptrend so it...
on facebook we have identified a daily uptrend with 4h exhaustions, here you can see that we are coming back for our second touch of this 4h consolidation, when we do make contact with this zone we will then look foe price action on the 4h timeframe for us to place a trade to the upside. our targets will depend on the price action that is formed but this is a very...
The past two days we have seen a sell off in oil and exhaustion to major levels, we know that crude oil will also affect the price of the CAD so we have also seen weakness in that currency also. on the higher timeframe you can see that we have a weekly uptrend and i have highlighted what happened last time price reached this level. what we are going to wait for is...
we had a quick in quick out on Starbucks that was posted to the team last night and just now has hit our take profit 1 where we take half of our profit and move our stop loss to entry giving us a risk free trade. the reason for this trade is that Starbucks as you can see has been respecting its daily trend line and with the world starting to open up, especially...
our EURUSD trade has hit take profit one today and has allowed us to place our stop loss at break even for a risk free trade. The reason for entry on this trade is that we have broken our higher timeframe uptrend and when we broke our weekly zone to the downside, this presented an opportunity to place a sell limit order at that zone for a nice 2/1 to previous low....
our AUDNZD trade has hit take profit 1 today so we have halved our trade and moved stop loss to entry to now be in a risk free trade. the reason for entry on this currency pair is that we identified a weekly zone of significant buy sensitivity that allowed us to place a buy limit order as we knew there would be a lot of buy pressure there and a high probability...
in the past week the CAD has seen a lot of strength against the JPY, seeing buy pressure off its weekly uptrend and weekly zone. now we see minor consolidation on the lower timeframe which could provide us with a trade for a few pips to the upside. what we are seeing is buy pressure coming in 3 times at the 4h zone and now has broken the lower timeframe downtrend....
we have all seen that video of football player Cristiano Ronaldo moving the coke bottles to one side all over the interne and the press had a field day with it claiming that coca cola stock has plunged since that image was released. we have seen a move to the downside in KO but in my opinion that was more down to the media not the actual act its self, what i see...
we are seeing buy pressure on cadjpy after seeing buy pressure off our weekly zone and weekly uptrend, what we are going to look for on this pair before placing a trade is we need more separation from our weekly, exhaustion and entry confirmation at the weekly zone. the reason why we wait for the second injection of buy pressure is to protect us from stop hunts...
we have a potential buy for a quick trade on virgin galactic, we have seen buy pressure breaking the weekly zone and lower timeframe downtrend so on Monday we might be placing a trade to the upside with a buy limit order just above the break of lower timeframe lows. we know the stock market is seeing moves to the upside after the sell off and we are seeing breaks...
here we have Alibaba that has seen sell pressure since its highs and now price has come to a level that investors will be interested. this level is a monthly zone and previous high so this is where the big boys, corporations, funds etc will start to look at this for a value buy. what we are looking for as traders is confirmation the big boys are coming into the...