Look how clean this chart is and how SIMPLE it is to understand! I really don't know why so many people insist on having 100s of indicators on charts where they cant even see what price is doing.
We can clearly see a strong support level here on the daily (125) and this is where i am looking at price hitting before more bullish moves up. Now price has already...
1.20000 is a lovely buy area for me, this has been used as a key support and resistance level historically and will be used many times again as it is a nice round number.
On December 1st 2020 price broke through this level which was acting as strong resistance! Price has not since come down to re test this level as support which i think price is on its way to do...
A break of my blue support zone will see price push significantly lower, USD weakness is coming after DXY is finding a nice resistance zone which will cause USD to weaken probably the rest of the week.
We can see price respected my yellow support zone as resistance, this level is a key monthly level also so the setup holds more weight than a 1H trade setup. I can...
Down we go!!! Now if the world was normal then i would say the technicals were really STRONG and i would be taking BUYS off my 141 level as it is a key level that has been used many times as support and resistance... But the world is far from normal so i am shorting the HELL out of this!
GBP can only go 1 way for me and that's DOWN! Why i hear you ask!? Because...
Rub my lamp and i will explode into action granting you 3 wishes, 1 of these wishes will be drowning in money from this EUR USD trade ;p
Price has been very bullish last week and now it needs a rest, with a run back down to our purple zone which could be used as support as it was a previous resistance level that broke.
If you want any help trading or want to...
The way we get over losses is to talk about them and learn about them, this is the same in trading and everyday life! Bottling up anything is not good at all, so lets talk about it! Comment below what is the most you have lost trading, this can be in 1 trade or an account you have blown.
My biggest loss was around 10k when i 1st started trading (this was the size...
Looking to place some buy positions at the current daily demand. expecting this pair to continue its bullish run and break the weekly/monthly supply levels.
We can see that price has been bouncing around in a 100 pip range last week ready to make a breakout and a big run in 1 direction or the other. I am favouring more upside move so a bullish outlook for this pairing because my view on DXY this coming week in bearish meaning i think USD will weaken.
I will be looking to enter this trade on the retest of broken...
If you are looking for a FREE NO BULL$H1T trading strategy with a high strike rate then just send me a message, it really is that simple.
So i can see price pushing up to $20,000 before a retest of $16,000 before bulls take a hold of price again pushing it past all time highs as most countries are pushing for a cashless society. If you are not holding any BTC now...
Because it is ILLEGAL to sell ALCOHOL to MINERS! Hahaha.
Ok after you have stopped laughing lets go through the chart (it may take you a while)
As you can see on my chart i have 3 key support/resistance levels drawn on my chart. Blue zone was touched perfectly then bears came in pushing price down to my next level of interest (purple zone) this zone has acted...
Eat FORTUNE COOKIES Hahahaha.
No before you rush out to your local Chinese and buy all the fortune cookies... This was just a joke! But i would like egg fried rice, chips and curry sauce please!
You can see how price hit my blue resistance zone perfectly then bears pushed price down 140 pips, and you can see where i am expecting price to be pushed down to, my...
I needed quick, COLD HARD CASH! Hahaha.
You will get quick cold hard cash with this trade setup! I am looking for it to fall to 1.31000 which is only 18 pips away, from the 1.31000 level i am expecting bulls to take over and push price higher catching a possible 50+ pips.
Come and say HELLO if you are struggling with anything and i will help you.
SHOW ME THE MONEY is what my ex wife said to me as she filed for a divorce, so i opened my wallet and sitting there was a £1 coin so that is all she got! Doesn't she know everywhere is pushing contactless payment now so i dont keep cash on me.
This looks like a lovely setup if you have patients, as we can see 1.16000 is a key level that has previously been used...
AUDCHF, we can see the pair is starting to reach a few nice confluences of price meeting a 3rd touch trend line, 50% fib retracement and a nice level of support from this level.
A very conservative 18 pip stop loss with a 80 pip take profit making this trade a 4.44 RR should we meet our final target.
1% risk on this trade. happy trading.
