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...
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...
![AUDUSD: [AUDUSD] PIN BAR CANDLESTICK + AREA OF RESISTANCE](https://s3.tradingview.com/j/jMv5cfkd_mid.png "[AUDUSD] PIN BAR CANDLESTICK + AREA OF RESISTANCE")