Last week was intense. After ETH hitting the bottom at $1293, there have been many concerns about what direction will the market take. Will the early 2018 crypto disaster repeat itself and the price will just keep falling? Will ETH have a sharp recovery straight back to $2k? All this uncertainty pushed ETH into a situation of too many constraints.
As we explored...
NZDUSD H4
This pair has absolutely dumped given the blatant USD strength and NZD weakness, really clear S/R zone, but not confident whether it will hold or not, we have 0.71 whole number support confluence too.
Remember, we are not interested in trading this pair until we have a blatant reversal signal. All we can do is monitor and trail the zones and prepare...
We pushed above the most significant previous highs and hit our target of 92. The $ 1.9 trillion support package was approved by the Senate, will this create a strong bearish scenario for the dollar?
It is going to be interesting to see what impact this will have on the DXY next week.
Entry details are shown on the chart.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade....
Entry details are shown on the chart.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade....
NZDCAD H1
Pinned into support but not quite in to the mean of our support range, took off with no turning back (other than the volume dump we saw across most NZD markets). Resistance/TP was pinned and instantly saw market corrections.
Possible structure break with a retest due, not overly fond of trading against the NZD so would really like to see lots of...
In this video, I explain why I think we could be in for a swing to the downside for this pair and see price take out the previous lows and eventually reach 1.19000.
Thanks for watching!
Leave a comment if you agree, disagree or have any questions:)
Entry details are shown on the chart.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade....
Entry details are shown on the chart.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to...
Entry details are shown on the chart.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to...
Entry details are shown on the chart.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to...
Hello traders
Monday again and our strategy has already picked a trade on the pair covered in my idea last night.
The pair in question is EURCAD working the 30M time frame.
This short trade is well underway and at the bottom of this idea are the year to date stats on trading this pair in the manner I do.
The strategy in play is adaptable to any instrument...
A classic move back to an area of liquidity. Anticipating a move back down to last weeks low over the next few days. This is a high risk opportunity as it goes against the current retail sentiment however the potential payoff is big.
Disclaimer: this is not a signal or financial adive. Please do your due deligence.
CADJPY H4
So evident we saw GBP, AUD and NZD correct negatively last week with month end flows, and subsequently CHF, USD and YEN corrected/balanced positively. ***YEN pairs are still on the backfoot as we approach retest areas, keen to see how these pairs develop.
Looking for a double bottom or second retest of that 83.700 price to try and get involved long...
EURAUD H4
Big market corrections seen yesterday which was great, really need to be cautious of resumed volume today, month end flows expected remember...
Great we have seen these kind of corrections across the board though as this sets us up nicely for next week.
GBPJPY H4
Still yet to set lower lows on the larger H4 timeframe, really nice corrections seen as mentioned previously on the EA post. On the fence with this pair at the moment, whilst we are nice a bullish still on the H4, the sheer bearish strength on the lower timeframe is interesting.
Really aggressive M5 trends which could continue to perform and really...
EURNZD H4
Perfect retest wick before then selling off for an instant 1:2 within that same price candle.
Eyes peeled for that previous breakout low and then downside continuations, shame this was over the eastern.
