Quick update on GBP pairs. It's rallied into some key resistance levels on my charts. This could potentially signify exhaustion and lead to speculative selling/profit-taking in the very short term. Keep a watch on the formation of this daily candle, if it posts some kind of inverted hammer or outside day, then I may look to sell some GBP pairs next week in...
EURGBP is Bearish. But waiting for next 1-2 days to enmtry Sell
EURGBP has been on our watchlist for shorting opportunities and price looks likely to break down now. We looked for the re-test of the moving averages in order to short the market with targets of 0.9000 weekly highs. We have been triggered into the move.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach. The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
In this video update, we look at the trades we took this week on our telegram channel. Some trades still open and will look to hold these through the weekend as they are long term swing trading positions.
The UK has a new prime minister in the form of Boris Johnson. He is in favor of Brexit and will likely build a cabinet that will represent that bias. The retail market is taking this a 'short' on the GBP and sentiment indexes suggest we could now see a reversal of that bias. Boris Johnson was likely to become prime minister so will the market have priced that in?
Having a quick look over the pairs I trade and follow up of the Weekly outlook and setups. A lot of potential setups pending, so monitoring closely. Expecting a reversal on NZD/USD, AUD/USD and if we manage to reverse on those pairs, I think EUR/NZD would be a nice reversal trade as well. All of them covered in the video! Let me know if you liked it and if I...
Hi everyone! It's Max here, as always going live Pre London with few charts and setups that I am currently monitoring and can be ready pretty soon. If you like this kind of videos and took some value out of my content please don't hesitate to click like, follow and happy to answer your questions. Please don't take this as financial or investment advice. Feel...
In this video update we take a look at the trades that were left open for the week where they are positioned and how we can manage them. CADJPY- Breakeven and likely to be stopped after poor retail sales. NZDJPY- hit targets on 4hr trade, daily still open and in profit. EURGBP- open and in profit. USDSGD- open and offside slightly.
In this video, we discuss the short trade posted on the telegram channel. We are looking for this market to continue lower as the CoT reports highlighted the commercials are actively buying the pound at the current level. This means we could see some GBP strength in the coming days and weeks. EURGBP rejected the key weekly resistance and formed a bearish...
Hi everyone! It's Max here, as always going live Pre London with few charts and setups that I am currently monitoring and can be ready pretty soon. If you like this kind of videos and took some value out of my content please don't hesitate to click like, follow and happy to answer your questions. Please don't take this as financial or investment advice. I am...
EURUSD Long USDCAD Short NZDUSD Short AUDUSD Short GBPUSD Long EURGBP Short
Hi everyone! It's Max here, as always going live Pre London with few charts and setups that I am currently monitoring and can be ready pretty soon. If you like this kind of videos and took some value out of my content please don't hesitate to click like, follow and happy to answer your questions. Please don't take this as financial or investment advice. I am...
Hi everyone! It's Max here, as always going live Pre London with few charts and setups that I am currently monitoring and can be ready pretty soon. If you like this kind of videos and took some value out of my content please don't hesitate to click like, follow and happy to answer your questions. Please don't take this as financial or investment advice. I am...
FX:EURGBP OANDA:EURGBP FOREXCOM:EURGBP SAXO:EURGBP Monthly – Triangle formation. Trend of lower highs at 0.9022 Daily - 261.8% and a DeMark 13 Intraday (four-hour) – Expanding Wedge has a bias to break lower Trade Idea We look to sell EURGBP at 0.9000 Stop 0.9025 Target 0.8830 Euro-zone retail sales declined 0.3% for May compared with consensus...
EURGBP - DAILY- CYPHER PATTERN
EURGBP-DAILY-BEARISH DIVERGENCE