Ocassionally, things rally to extremes and bring you back to obvious Short or Long zones. The later you short, the better the value and the higher the margin. This is what trading is all about at its core. Watch for more.
Hey Traders, The current trading setup we find ourselves at on the AUDUSD is one which displays many characteristics of a proper and professional trading plan. You can see various times we have hit this levels and traders have formed a long bias. You can see therefore clearly that this area is preferred as a price to buy within the last 5 months. This is what...
Hey Traders, We previously looked short for a long period time and well... You have the BEGINNING. Looking to re short only higher on re pushes (pops). Do not short at the end. Further scale in longs zones to come on far further fall. Trade light Pre News.
Here is a further video on handling the rally presented by CHFJPY. Our short bias still remains and we Dollar Cost Average further. We do this in sizes that are specific to our capital at all times. Watch for more.
Hey Traders, NFP Friday is back and traders are awaiting data after recent negative US Sentiment.. For a long time I've spoke about gold slowly falling amongst this change in sentiment. You will have also (hopefully) been looking short off the highs and taking value on entries. Bias still remains on an expected fall circa 1870 level (Second DCAs circa...
In this video I will cover early trade management and go over long side setups in the future. Managing entries and reflecting early on price action will massively increase hit rate. This video carries on from my last on AUD where we called it long for gains. Watch and learn more.
Hey Traders, As Gold pushes right through Minor Prev PA zones we can look as to why its better to hold off. Holding off and not falling in love really will save you. Don't get heartbroken. Spread out your new longs. Oh and yes you may get a light bounce now... Far more preferable for many to just simply wait for risk averse zones to occur naturally.
Hey Traders, Here's a rundown of EURUSD with key Price Action rules. Remember, it is always wise to use what you can SEE not what you think will happen. Use logic. Trade small PRE News.
Hey Traders, I get asked a lot, 'The market is coming up and up, should I really short?'.. This is often off the back of increased positive market sentiment like you have seen for the US economy and lesser inflationary impact fears. This question to this problem should have a logical and obvious answer. People often lose their logic when they jump on a...
Hey Traders, When Markets rally and rally on improved sentiment, you get the choice of where you want to short it. Given you want to short the highest price possible and get long at the lowest price (thus is the art of trading) you can now decide on your entry. And your liquidation. If you had it long you are at extreme value and you should really think about...
Hey Traders, So if ya followed my previous posts and took GBPNZD short at key long term PA levels... You now how short gains to take off the table. Exit previous shorts and start to look long. But look long not heavily (note distance from key MA's).
Lots of Traders reflect on the DXY to give a gauge of where the USD is at. Understanding the DXY requires both a Fundamental and Technical approach, much like trading in general. FED News due out later concerning interest rates looks like it has a consensus of raising to 5.5%, largely priced in already. Why use Fundamentals AND Technicals? That's because the...
Hey Traders, We have looked previously long and short on minor PA and mizzling around markets. More concrete levels exist @ 2k. Long zones - Minor 1935 and mid level 1872 Coinciding with 200 MA. Trade Small and trade safe. Do not try and predict PRE news.
BOJ news just came across the wire and caused a sharp fall in JPY pairs across the board. We can exit shorts taken intraday and discuss the long and short term implications of a monetary policy stance. Listen carefully, it might just save your butt in a harsh Yen Rally!
Hey Traders, BOE MPC meeting awaiting in about 35 mins so ya gotta be ready. Any larger shift can cause impulse moves up or down. We can therefore assess new long zones on a potential fall. Watch to learn more.
If you are checking over the NZDUSD this AM or PM... Ya gotta ask where would I long? In line with natural market movement... Or elsewhere?
Hey Traders, On renewed JPY sentiment we are seeing a push down. That means you can exit shorts and start to look long. Remember, Prev support becomes new resistance and vice versa. Always be adjusting to market falls. TLZ - Tech Long Zone.
Hey Traders, When something rallies for 10 months... On and on.. you have to think. After the 3% US Inflation reading USD has sacrificed a lot of value VS currencies like the GBP bringing us to previously hit long term short zones within long term downtrend. Should I have bought earlier? Wouldn't people now start to exit longs? Shouldn't I Short? Well,...