Hello guys, After the suprise decision by the BOE on holding rates and also their hawkish view of the economy. The price was able to beat my initial resistance area that can now be seen as a box below the current price level. I have re analysed my charts and i believe that for price to keep going up we need strong economice data to support the BOE view. My next...
Hello Guys, I see a short idea on gj .This based on the fact that it broke through a key support area. I also think the pair has been extremely weak with the fundamentals. If the trade can run until London session i think i have a good chance of the price tapping my TP. Factors shaping my bias brexit, weak fundamentals, dovish bank which they have to be in order...
Hello guys , This is my short idea on wti. I believe the price its at a key resistance level.This in addition to the fact that the corona virus clearly bring about an over supply of oil with airports shut down , less flight, less people driving that creates an oversupply of oil should bring price down. I know the crude oil inventory count is coming up so i have...
Hello guys, Factors that have shaped my bias for going long on this pair include. The North Korea tensions, AUSSIE fires that have just been put out-investors are still skeptic , Iran war whith the push and pull between us and iran no investor fully trust the dollar even though the us is clearly winning in that war, corona virus- Fear people are not spending...
Hello guys, i see a potential short on NZD USD .This trade will only be validated if the pair has a pull back to the box which is my area of interest. I view that area as an area where most banks will be watching out for as a prime sell area. Keep in mind that a potential rate cut from the us might be coming in the midst of this corona virus so you have to be...
Hello guys, In this video i briefly show my reasoning on why i am looking for a short on the aud jpy pair. Although the Aussie has been strong with the fundamental data coming coming from there, i believe it will be tough for the pair to fight up above that critical zone that i have marked with abox. My opinion shaped by the impact the corona virus is having....
Hello guys, This is my short bias for the gbpusd pair. This bias supported by the fact that the UK has a lot of weakness in addition to the brexit tensions in play. Keep in mind that the Iran war, trade war and impeachment are also in play that could shift the strength of the two pairs.If the trade deal is delayed, Iran tensions stay the same and the interest...
Hey guys, This is my short bias on the cad jpy pair. The cad has been extremely weak in the last couple of weeks . This in addition to the comments from Bank of Canada validates this trade. My areas of interest and strong sells are indicated by the two boxes. Although i am looking for shorts, i still have to see how price reacts at those two key weekly areas....
Hello guys, In this video i show my bias for this eur pair. Factors that have led me to take this bias include a barrage of weak fundamentals coming out of the eur zone and the strong economic data and news from the states.Although this is my bias, we have to be carefull with currect factors that are in play affecting this pair such as the virus, the brexit...
GBPCAD Broke Out of Ascending Pennant Showing Continuation of The Up Trend. Ascending Pennant Is When The Market Makes Higher Lowes And Equal Highs, This Pattern Tends To Break Out To The Up Side. As You Can See The Market Still Has Free Space of About 170 Pips Till It Hits The next Past Support To Become Future Resistance And Also The Trend Line.
Hello to all Today I want to share my thoughts about the index SPX500, at the moment we are on the border of the rising channel both on H1 and on the D1. Therefore, I propose to consider sales from this point with goals in the region of 2960.0 / 2920.0 / 2830.0 / 2720.0 Good trading to all.
Using our Elliott Wave Indicator Suite for the TradingView platform we have identified this potential long day trading opportunity on EURUSD (5 min timeframe). Wave 4 has pulled back into the amber zone of our probability pull back zones, which represent an 80% probability the price will go on an hit our Automated target zone , in blue on the chart. Our...
Hey Guys! Here, I demonstrate all valid trade sets ups using our K2 Trading Strategy that appeared for AUD/NZD on Wednesday, August 28, 2019! Enjoy! --GET ACCESS TO THE K2 TRADING STRATEGY BELOW-- k2-trades.teachable.com
Price can still push a bit lower but we are anticipating a bullish reversal
Hey Traders, Here is a video for you on gbpusd higher time frame analysis for long.
Short Term Trading Strategy Looking to move upside in C-wave next for 200-250 pips & hitting the resistance zone in 0.7500 - 0.7525 zone Key Support Zone - 0.7220 - 0.7220 Critical Support Zone - 0.7165 - 0.7175 Safe Traders Kindly Do not trade below 0.7200 & Risky Traders can consider long trades above 0.7165. No one trades long position below 0.7165...