Hi @FollowMyForex fans! After our last update, all our targets were hit netting us a nice profit of +43 pips. By actively managing the position we were able to identify a change in the market momentum, adjust accordingly and take full advantage of it! Gotta love it when a plan works out like this ;) On to the next!
Hey Guys! Here, I demonstrate all valid trade sets ups using our K2 Trading Strategy that appeared for NZD/USD on Thursday, August 29, 2019! Enjoy! --GET ACCESS TO THE K2 TRADING STRATEGY BELOW-- k2-trades.teachable.com
Welcome! Here's a super simple chart, and strategy, which can help you get started in your trading journey. Trading strongly correlated pairs and looking for divergences is hardly an industry secret. It's a standard technique, and one that is heavily employed by large institutional investors. Basically, correlation means that certain pairs move in a similar...
Hello, usd is falling, no buy at all. It may go uo a bit to touch the MA, but will fall after this.
Our Analysis was spot on! We predicted the buy! We even predicted the Pullback even though the pullback went straight down into almost a straght line instead of the move we kinda expected.... The pullback still happened as Predicted and then the move up again! So anyone who followed this idea... We did a really good job!!!!
Technical Analysis: -Micro downtrend broken and is now being retested on the backside -Longer term uptrend has a 3rd touch and aggressive bullish candle from the two trend lines -Support & Resistance in the purple zone -Correlation with bullish AUD *Did not look at trading plan before executing this trade* *Similar to the AUDJPY call but this was a little...
Hello traders! Today we will talk about Kiwi (NZDUSD) and we will show you how EW works in details if you have the right approach! Well, Kiwi made a nice five-wave rally with extended wave (v) into a wave "i" last week, which in EW usually suggests a bullish reversal! So, after every five waves, a three-wave pullback follows in wave "ii", and as you can see, at...
Hello traders! From a technical point of view, on 1h chart, the pair could develop a bullish impulsive structure (12345) with TARGET around 0.69.... If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button! Thank you for support and trade with care!
Wedge on daily chart Could short with SL above upper limit
- Pair neither overbought nor oversold - Recently crossed EMA (25, close) and tested as resistance - Wait for bearish candlestick
- Price neither overbought nor oversold
- Price approaching previous support/resistance
Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. As I originally pointed out a couple days ago that NZD was at a decision making point, we are there yet again! I basically called this bottom and we're finding support here. This support is here, but how long will it hold? We...
NZDUSD is a pair I’d like to put my focus on from now on cause I adore the way it respects price action. On the daily TF we’ve rejected the previous daily high 0.6940 with a somewhat tweezer tops and on the last day of last week we closed with a strong bearish engulfing + theres a little wick on the downside so it’s also somewhere between a shooting star and...
Elliot Wave Alternation The guideline of alternation states that if wave two of an impulse is a sharp retracement, expect wave four to be a sideways correction, and vice versa. Figure 22 shows the most characteristic breakdowns of impulse waves, both up and down. Sharp corrections never include a new price extreme, i.e., one that lies beyond the orthodox end of...
Hi Traders Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit at horizontal, diagonal & dynamic support/resistance areas) -...
Hi traders. Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit) - What are the underlying fundamental/sentiment drivers that...