Sold GBPUSD Entry 1.2020 Sl 1.2180 (160 pips) Tp 1.0685 (1335 pips) Weekly resistance met +200 MA showing weakness to the bullish side on the daily TF. Large institution is in a short position on the pair. The UK economy is in a horrible position. By the looks of it, their major issues such as their energy prices and increased cost of living are being...
Good seasonality trade. 81.1% of retail traders are long on the paid. As stated in previous analysis, when retail traders til heavily on one side above 60%, institutions tend to take the opposite side. Price breaks important supply and demand zone with good movement. Supported by strong retail money long.
Entry: 1.655 TP 1.635 SL 1.6645 RIsk/Reward Ration: 2.28 Retail money 75.7% Long. A clear downtrend in the 1D chart. Higher lows with clear rejection of key support levels. Both MAs showing the start of a strong downtrend.
Entry .5856 SL .5699 TP .6300 What are institutional traders doing? We see NZD has a long % of 41.9 and CHF at 10.63%. Clearly showing institutional traders favoring CHF What are retail traders doing: Retail traders are 44% LONG and 56% SHORT. This information really only has a significance when retails tend to favor one side by more than 60%. What history...
Price has immediately rejected in the supply & demand zone. Good seasonality trade.
The first question i always ask myself is "who is in control of price?" that way i can analyze my trrading from a price action point of view. So, who is in control of price on this one? First we have a bearish trend followed by a tiny pull back and then an indecision candle which tells us that the bearish power might transitioning to the bulls. Of course i...
FX:AUDUSD In this trade we can see a nice preceding bullish trend heading towards an area of resistance, next we see a nice pin bar candlestick which tells us that the bullish power might be transitioning to the bears. Confirmation is needed for me, so i executed a breakout entry below the low of the pin bar candlestick or also called Indecision...