Tradebudz

Tradebudz

Hey Traders, I hope everyone is having a great trading week! In my last post on EUR/USD , I shared my view on dollar strength. Since then, price has surged to a key level at 1.05 , where it is currently showing signs of rejection on lower timeframes. My bias remains bearish unless we see a clear breakout above 1.06. For this setup, I’ll exit the...

Tradebudz

Hi Traders, I'm back with an interesting take on CAD/JPY . This pair has surged 1% today, reaching the highs last seen on February 6th . From a fundamental perspective, the Bank of Japan (BOJ) is expected to announce a rate hike this week , with markets already pricing in two 25bps increases by the end of 2025 —the first of which is expected...

Tradebudz

Hello traders, The current market volatility, fueled by recent events, presents an exciting trading environment. I'm sharing my analysis of the EUR/USD pair, where I anticipate continued weakness in the Euro and strength in the Dollar. Short-Term Outlook Given the strong bearish potential on higher timeframes, I'm maintaining a short position on this...

09:06

Tradebudz

nzdchf has great short potential looking at the Higher timeframe, How ever, Price action on the lower timeframe is a bit messy, So make sure to consider good risk management and patience for this Pair. Regards, Tradebudz

07:48

Tradebudz

GBPAUD Long opportunity coming, Key areas to lookout for before we start longing!

06:47

Tradebudz

Hi Traders, My view on AUDJPY, Currently in shorts. Let me know what you think. Regards,

07:35

Tradebudz

Here is a breakdown of my view on NZDCHF, Lets take a look and see how price will move. As always, apply risk management. Regards,

Tradebudz

Certainly! Here's a revised version: --- Hello Traders, I've embarked on a journey of 1,000 trades, and here we are at trade number 7. We'll do a thorough review when we hit trade number 10. In this trade, we're looking at USDJPY. As I write this, the price is moving in our favor. This setup is straightforward: the price is forming lower lows and lower highs....

Tradebudz

Dear Traders, Today, we're focusing on our sixth trade opportunity: NZDCAD. This pair previously delivered an excellent trade a few weeks ago (I will include the link to that trade). Currently, NZDCAD appears poised for another significant move. Weekly Timeframe: The price has moved from a strong support level at 0.83850 and broken into the next key range at...

Tradebudz

Dear Traders, We are about to embark on Trade Number 5 of our 1,000 Trade Challenge. The market has shown significant bearish momentum, breaking a strong support level at 0.65700. We now have a clear range down to 0.64680. Please note that this week we have the Non-Farm Payroll (NFP) release, so exercise caution. Wishing you successful trading, Renaldo Philander

Tradebudz

Good morning, Traders, As we begin a new week, the EUR/GBP pair appears to be setting up for a short position. This will be trade number 4 in my journey towards completing 1,000 trades. On the daily and weekly Timeframe, the pair is forming clear lower lows and lower highs. Currently, we are observing a potential drop from 0.84250, with our target set at the...

Tradebudz

Hello Traders, I am pleased to present trade number 0003 in my 1000 trade challenge. Today, we are focusing on the NZDCAD pair, which has been exhibiting a ranging behaviour for most of the day. However, a favourable entry signal has been identified. Currently, the pair is trading around the 0.83000 level. The daily market structure indicates a bearish trend,...

Tradebudz

Hey Traders, I am writing to provide an update on our second trade. The price has reached a key level that I have identified as a potential entry point. However, I have not yet entered a position. I am closely monitoring the price action on lower timeframes for any signs of rejection. Based on my analysis, I anticipate the commencement of a strong bullish trend...

Tradebudz

Dear Traders, Today marks the commencement of a personal challenge: to execute 1,000 trades, focusing solely on selecting the best opportunities without any monetary expectations. This initiative aims to enhance my trading skills and share my journey transparently on this platform. I acknowledge my previous inconsistency in engagement, and this is a renewed...

Tradebudz

Dear Traders, Last week proved to be a rewarding one in the markets, and we aim to sustain this positive momentum. As many of you who have been following my trading updates are aware, occasional losing streaks are a natural part of trading. Prior to Last week, we experienced back-to-back losses on all our trades, but setbacks like these provide valuable learning...

Tradebudz

Hey Traders US30 is making its way back towards yesterday's high, presenting us with a potential opportunity to capitalize on the medium-term bearish trend. I'll be keeping a close eye on the 38000 level, as its ability to hold will determine my entry into a short position. My target for this trade is the first support at 37600, with a further hold for 37250 if...

Tradebudz

NZDJPY has hit our stop loss, but there's no need to worry. With approximately 9 minutes remaining on the current H1 candle, I'm looking for price to form a significant bearish candle, similar to the example I've illustrated. If this scenario plays out, I'll enter another short position. We'll have to wait and see how this trade develops. If I get stopped out...

Tradebudz

Dear Traders, I have identified a compelling trading opportunity on the NZDJPY currency pair. The price has recently reached a significant resistance level on the H4 time frame, currently trading near 91.500. This level presents a favorable point for price action to initiate a bearish move. I anticipate a continuation of the downtrend from this point. To manage...