Whats up ? Hope everyone is starting their weekend right! Here is a trade i took on the late Friday. EURUSD is showing a divergence on the 1h chart and did touch the bottom from the left by a few pips. Price did 3 waves to the downside and created a solid downtrend trend line, which if it will be broken could turn into some huge upside moves. Let us see next week.
Hey everyone, we are back from a short break and starting 2019 with a trade we are in since today on the EURNZD pair. According to our analysis price formed a bottom with a divergence on the low. In this downtrend price did create a trend line which was broken with the first up move from the low. From this point price started to reverse right back to the high of...
Hey everyone ! Im wishing everyone great holidays with their family and loved ones. Trading is done for me this year. Enjoy your free time with family and friends. Lets start fresh in 2019 with even bigger goals. See you guys there ! P.S. this will be the pair i will be looking at in 2019
Whats up everyone ? Coming back with a position trade, we are holding since 4 weeks on GBPCAD. The trade was first taken on the 4h timeframe bases, but as we zoomed out our take profit got larger. We are now on a daily timeframe analysis with two correction levels marked in yellow boxes. Our entry was at the top of level 2 correction and is now in profit +350...
Hey guys, i hope your Monday is going well and we want to share our opinion on the EURCHF. A few ideas before we took good profits on the sell side (linked below) and now after 3 level of bearish momentum with a divergence low we are looking for a buy. Price already made its way up and now is in a consolidation mode marked in yellow box. Our take profit is at the...
Hi! I hope everyone enjoyed their weekend! We are looking at the EURAUD today, where we closed our short profit from earlier analysis (linked below) a little bit to early. The trend went a lot more deeper, but anyways we also passed a good long entry for now. We can see a nice divergence at the low and 2 levels of correction on the bear cycle, so we are waiting...
Good Morning everyone, We are looking at the intraday chart from GBPCAD, which shows us a nice divergence during the London Session start. After a bear cycle with two corrections (marked in yellow boxes) we entered a buy on the low. We expecting a nice rise during the session with a first correction after the trend line break. This is a short term trade. Will be...
Good Morning ! Today we are looking at the DXY. We were short a few weeks ago and took a good profit but long term target was not reached. We personally think that for now its not time for a short entry. So many people are looking for shorts and/or holding positions. So we are waiting for another trap move to the upside before we enter our short position. With...
Good afternoon everyone, we are looking at the USDCAD pair again after the BoC Interest Rate decision. They did not change anything so the news were not that good for the CAD and for our long term short trade, that we linked below. On the other hand the pattern is pretty much the same as before. The only difference is that there is another spike high and a better...
Hey guys its Friday, the first of the month. What does that mean ? Its time for NFP in like one and a half hour. Please be aware that my ideas are only my view of things and do not take them for guaranteed. Everyone has its own view on same charts. So we are looking at the AUDUSD pair and as i posted weeks ago (link below), its on a trend change mode with a...
Hey guys! Today my intention was to upload a trade update idea on Gold, because we entered another buy. We will be doing it tomorrow night... This one is quite a better one with a nice setup just formed minutes ago during FED announcement. We were waiting on USDCAD for another move to the top - for a short entry after 3 cycles of bullishness. The high was...
Hey guys here is another trade update. We are looking at XAUUSD from previous idea, but on a lower time frame and right before FOMC statement. So be careful out there anyway. In the comment section on the last Gold idea i said that we closed our profit with +180 pips, but there is much more potential on the long side - BUT not now. I think Gold might retouch last...
Whats up guys? This idea is correlated to the one linked below. The difference between those two is the two yellow boxes. In the first i counted the first level as yellow box wrong and so the trade made another move down. I just wanted to give my follow traders a quick update about how the idea now looks with the correct two yellow consolidation boxes. We do not...
Hey guys, just wanted to give you an update about a nice trade we took last week. We took a buy on the first correction at the 0.61 fibonacci level as price formed a bottom from the last bearish move. A weak bearish trend line was broken and price respects last price zones (marked in grey boxes) on its way up. We are currently up +170 pips on this trade, looking...
Hey guys, Today we opened a short on the AUDCHF pair. Looking at the 4h Chart we can see how price made a peak high with a divergence after rising with 3 levels. We missed to enter on the top of the high as priced moved already one level lower. We expect a current consolidation zone - holding the 0.5 fib level. Consolidation levels are marked in yellow boxes as...
Whaaaat´s up traders ? Here is my short analysis for the GBPCHF pair. Im short on this pair as we see major market structures forming. Currently price is above my entry ,but with the right risk management there is nothing to worry or stress about. As long we do not move a larger move (20-50 pips) over the divergence trend line. After 3 levels of rise we expect at...
Hey traders, hope everyone enjoyed their weekend. Coming up with a quick educational post about our market theory on a lower 1h timeframe. We are in a short on EURCHF since a few days. Looking at the lower time frame setups we can clearly see how a bullish run with two corrections (marked in yellow boxes) happened. On the other side this is a nice chart for price...
Hey guys, wishing everyone a great day. Yesterday there was halloween and we opened a short at the beginning of the week on the Dollar Currency Index. Price is dropping hard since yesterday. We are already under the bullish trend line and a big daily bearish candle indicates more down side. In 24h will be the NFP so it could happen that price moves back to the top...