In this live trading session video,we look at current live open positions on BRENT, GBPUSD,
EUR and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them. We also look at how we are doing on our live 100k traders challenge account.
Three Winners from Three Trades with clear and clean price action setups!!
The Video is a review of the three trades from the previous session in Europe and the US.
I take a look at the Price Action the led to the Entry Setups and talk through all the reasoning for the trades.
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US markets moved lower on prospects of higher interest rates. Bond yields in the US spiked as to did the USD which pressured dollar denominated assets like Gold, Silver and Copper. The major US indexes moved lower on news that Japan is going to let longer term bond yields move higher which in turn pressured US bonds lower and detracted from the attractiveness of...
The past two days have been wonderful personally, having caught a 14RR move on Monday and now catching a 10RR move on Tuesday. EURUSD has been long for a couple of months and all I have done is to wait for bearish retracements and look to position myself into longs to continue its bullish push. This trade is a product of patience and understanding, you can see all...
USDJY bearish , actually in a tricKy situation , we expects two things
1 - price react to the ob ,
some price rejection at the 4hrs OB
2- Price respect the bearish wave , gy seeing exhaustion from the bulls ,
3- price might also break to the upside changing the whole bias ,
BE PATINT ENOUGH AND YOU WILL CACTH THIS TADE OR
JOIN...
I mentioned this one weeks ago and now watching and watching price very closely to see if we can atleast make a bounce out of this level of 91.500, if we can see some rejection on the 1 and 4hr ill definitely be looking at taking buy trades!
Hey everyone, so we managed to get a EURCAD short, and although we were running quite well, price is beginning to through us a interesting curve ball . So check out today's video to see why we got short, but also why we might just end up walking away with nothing in the process.
The AUDUSD has completed its Wave Structure to the downside on the daily chart, this makes the Aussie bearish from a Long Term point of view.
As we know, after an impulsive wave, we should see a corrective wave that has already started.
We are shorting this from an Intraday Short Term basis, looking for a medium-term Buy position from 0.7263 area which corresponds...
Quick update as I expect to see price now make that continuation back to the downside... the importance is obviously limiting that risk so got taken at break even last night but even better confirmation for entry today.
EURAUD exactly as explained yesterday, unfortunately missed my ideal position but I'm still looking at entering longs if the old resistance can hold as a new support around the top of that zone for a quick move up.
