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News, fundamentals, rate statement, NFP… Can we really trade consistently based on what makes sense according to the central bankers? Thursday 27th, 2020 between 8:30am and 9:10am EST, there are multiple fundies including a Fed Chair Powell Speaks. The USDx clearly positioned to make anything they want during the announcement. Most traders are placing stop orders...
Yen Macro structure is down in a potential 2nd wave. Today's ADR was exceeded and price is at the zone of reistance. This could be a V top but it can also do a 2nd leg to the upside before the sell. We can send a portion of the position.
Jan 15th, 2019 9:00 PM EST #NZDUSD SELL @0.6810 STOP @0.6847 TARGET @0.6730 R/R 2 COMMENTS The NZD has moved up 3 impulsive waves from the 240m. At the moment presenting DIV 240 and a H&S pattern in 60m. Price was rejected from zone of resistance and has broker trendline. USDx has another potential push to the upside which helps the NZD moving down. The target...
#USDCAD BUY @1.3304 STOP @1.3343 TARGET @1.3500 R/R 4.4 for 1 COMMENTS The CAD has extended to the downside doe 3 days in a row and broke the MAR creating a false trend at the beginning of the week. Currently, it's trading at the zone of support with DIV and a W pattern. Price breaking trendline giving a conservative entry.
EURUSD SELL @1.1464 STOP @ 1.1503 TARGET @1.1320 R/R 4 for 1 COMMENTS Price has extended due to FOMC to it's weekly ATR. At the moment, It's trading at the zone of resistance. On the other hand, today's range was 116.5 pips from a 78 pip ATR which means that a reversal V top is highly probable.
Quantum FX methodology
The pair is completing a manipulation pattern at the low of the week. Risk to reward of 4 for 1
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90% of traders lose 90% of their money in 90 days. Learn what the 10% are doing to have consistent results. Don’t miss this special webinar that will show how to make the QUANTUM LEAP to trading excellence. Register to the webinar HERE --- tiny.cc
90% of traders lose 90% of their money in 90 days. Learn what the 10% are doing to have consistent results. Don’t miss this special webinar that will show how to make the QUANTUM LEAP to trading excellence. Register to the webinar HERE --- tiny.cc
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