We are looking for buy entry because price is in buyers territory on higher time frames and up trend. Price also rejected from significant support level.
Price is in sellers territory but major trend is still bullish so we are looking for buy potential setup above the 1910.00 or for sell potential setup bellow that level. Our analysis are straightforward and simple. Forex should not be complicated :D
Iam always waiting on some good setup and never enter blindly, just because price came to support or resistance. The best time frames are H4 and Daily. I also do not complicate with tones of indicators but trade pure price action.
We prefer buy over sell, but will see on smaller time frame for possible entries for long or short. For buy setup wait on breakout on daily time frame and for short setup wait that price came back in sellers territory, thats below 1.29160. Keep it simple and do not complicate with hundreds of indicators because pure price action shows you everything. GOOD LUCK,...
We are looking for entry below 0.67755. - it is down trend - sellers territory - price needs to close below current support level - conservative stop loss above the structure 0.68100 or aggressive stop loss at 0.67900
we are looking for buying opportunity from the bottom of the range or selling opportunity if price breaks the structure and closes below it.
AUD/USD is closed to strong resistance and we can expect the reversal or pair will broke the line and make a higher high. I will closely monitor the pair and trade when my setup shows the signs of sell or buy.
As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for...
Retail trader data shows 63.2% of traders are net-long with the ratio of traders long to short at 1.72 to 1. The number of traders net-long is 3.1% higher than yesterday and 17.8% higher from last week, while the number of traders net-short is 7.8% lower than yesterday and 3.5% higher from last week. I typically take a contrarian view to crowd sentiment, and the...
Retail trader data shows 45.3% of traders are net-long with the ratio of traders short to long at 1.21 to 1. The number of traders net-long is 6.5% lower than yesterday and 12.6% lower from last week, while the number of traders net-short is 7.1% higher than yesterday and 27.7% higher from last week. We typically take a contrarian view to crowd sentiment, and the...
Retail trader data shows 48.3% of traders are net-long with the ratio of traders short to long at 1.07 to 1. The number of traders net-long is 2.4% higher than yesterday and 35.6% lower from last week, while the number of traders net-short is 4.4% higher than yesterday and 63.4% higher from last week. We typically take a contrarian view to crowd sentiment, and the...
Retail trader data shows 36.0% of traders are net-long with the ratio of traders short to long at 1.78 to 1. The number of traders net-long is 2.3% higher than yesterday and 22.3% lower from last week, while the number of traders net-short is 9.9% higher than yesterday and 17.5% higher from last week. I typically take a contrarian view to crowd sentiment, and the...
Iam waiting on breakout from the range and in the direction of the bearish trend. Retail trader data shows 53.2% of traders are net-long with the ratio of traders long to short at 1.14 to 1. The number of traders net-long is 37.8% higher than yesterday and 2.5% higher from last week, while the number of traders net-short is 0.5% higher than yesterday and 0.5%...
Gold is coming to support level at 1322.00 so i will monitor if the price will bounce from that level or breaks it and moves lower. Retail trader data shows 69.0% of traders are net-long with the ratio of traders long to short at 2.23 to 1. The number of traders net-long is 3.9% lower than yesterday and 4.6% lower from last week, while the number of traders...
Retail trader data shows 59.3% of traders are net-long with the ratio of traders long to short at 1.46 to 1. In fact, traders have remained net-long since Feb 04 when EURUSD traded near 1.14537; price has moved 0.9% lower since then. The number of traders net-long is 0.1% higher than yesterday and 18.5% lower from last week, while the number of traders net-short...
iam monitoring the entry for GBP/JPY so if the price will break up then i will wait on valid setup to go long or the next option is that gbp will go back in range.I expect that the move up is more favorable but we will see. Retail trader data shows 44.2% of traders are net-long with the ratio of traders short to long at 1.26 to 1. The number of traders net-long...
Retail trader data shows 55.9% of traders are net-long with the ratio of traders long to short at 1.27 to 1. In fact, traders have remained net-long since Oct 11 when Oil - US Crude traded near 7021.3; price has moved 18.2% lower since then. The number of traders net-long is 3.7% lower than yesterday and 16.5% lower from last week, while the number of traders...