Prepare yourself for a Great 2021! Here are the main pieces of advice I would give to myself when I was first started. Let me know your thoughts... 1- Stop searching for signals, fund management gurus unless you want to lose more money. You chose forex to be your own boss, why do you insist on being a follower? If 90% of traders lose money, then to be...
Will hit TP, will begin to reduce stop loss.
Based on the daily time frame GBPSGD has been trending up heavily. However based on my knowledge in the markets I've spotted a Gartley Harmonic pattern on the daily, hence my bias is bearish depending if current price continues to reject my orange zone. The Red Lines Represent My S & R Levels The orange zone is my D point for a daily bearish Gartley that has completed.
Hello everyone! This is usdsgd analysis. Price just touched weekly demand cp with strong arrival. So we can take entries for a long time. Best wishes
Taking a look @ MCD price history on the 1WK time frame, labels show a potential pattern correlation of long term uptrends, where the EMA21 level acts as a major support at least 1x before the uptrend reverses. Doesn't mean that it's 100% going to happen again but historically patterns do have a tendency to repeat themselves, and the current price action is just...
Knowledge & Profits Ok Followers - We're looking a USDCHF and the bias here is bearish! And here is why... Price fails to push higher on the weekly time frame. We're only seeing big wicks to the upside while candles continue closes next to each other. Almost seems like consolidation on the weekly time frame. Now to the daily we can see that price is engulfing...
Welcome to everyone! This is xagusd analysis. Price has reached to monthly supply area and we know in SD lower time frames always respect higher time frame’s zones. So hopefully we see strong drops happening in few days. So short Bias right now on Xagusd. Enjoy the weekend and Happy Trading.
Welcome to everyone! This is nzdchf analysis. That is a quite strong monthly demand area down there where market is reacting now to the daily demand areas nested in weekly and monthly Demand. hope we see good rallies now. So long bias right now on nzdchf. Happy Trading
Im expecting the Aussie Dollar to strengthen against the USD as we approach the FED rate cut, the uptrend is expected to continue until it reaches a key Fibonacci level of the Daily Downtrend before heading back into its Overall Trend direction to the Weekly Support Level.
Welcome to everyone! This is usdnok analysis. Price is just reacting to daily new supply levels. Dollar is being to be weak. Hope we see drops soon. Happy Trading
Hello to Everyone! This is platinum update. xpt is breaking all time highs as mentioned in previous xpt analysis. Now If market breaks 918 zone then it can go upto 980. Hope it is going to break that zone. Best wishes.
Welcome to everyone! This is Audnzd analysis. Price is reacting to the daily demand imbalance which is created previously and after that there is a lot of room there for trading with bullish entries. So be ready for that. Happy Trading
Hello to everyone! Recently we got a strong bearish move and now price just moved back to gain more but the resistance area is much stronger to break. Hope we would see a good drop again.
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4-12 Hours Actions on - A – Activating Event Market will meet resistance in zone @ current levels - .... and fall to the 1.463. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @...
Hello everyone! This is eurhuf update. Recently when we suppose to post this idea. the price was nearly that daily cp of supply but that is now declined and rejected. Eurhuf just over bought and confirming the h4 supply level nested in the daily and weekly supply area. So in shortly we may see a good drop. Happy Trading
Saw what this did last time. Looks like it's going to repeat itself one more time, break out of the SMA and I'm in! get some gains! 25.65 would be a desired goal. uc.
At the moment, we are seeing accelerated weakening of the dollar and high volatility for our pair. We observe how the pair easily overcame several levels of resistance and is currently approaching the 1.3040 mark. On the 4-hour chart, the price exceeded the average moving period of 120, and therefore we assume that the trend is upward. We believe that in this...