USDJPY has recently crossed the 50EMA meaning the start of a new trend on the 4HR Chart & is in a level of structure support that has been a major level of structure for this pair multiple times in the past. So, for this week, I will be looking for possible long trades out of this pair from our Monthly Support Zone. Support Area (Brown Zone) = (98.900-107.180)
Happy Sunday Traders EURCAD- Price is currently at the Monthly Resistance Zone. During the week, this pair pushed up due to the EURO strength. This area that the EURCAD has tested multiple times in the past as resistance and is possibly an area that we could see a nice Counter-Trend bounce out of this market. For that reason, I will be looking in this area for...
Next we have USDCAD! USDCAD is currently in a downtrend & is around a level of structure support that has been a major level of structure for this pair multiple times in the past. So, for this week, I will be looking for possible long trades out of this pair from our green zone. Support Area (Green Zone) = (1.33080-1.33790)
Happy Sunday Traders This pair is currently pushing up very strongly on the daily chart. During the week, this pair broke previous resistance (1.14420 -1.14990) and is now pushing up into an area which I called the Weekly Resistance Zone. This is an area that the EURUSD has tested multiple times in the past as resistance and is possibly an area that we could see...
EURGBP H4 Chart- Market is in an Uptrend and price is above the 50EMA, price is in the Monthly Resistance Zone (Brown Area). Reason For Entry- Double Top followed by Engulfing Candle. SL- 48 Pips🛑 TP1- 48 Pips✅ TP2- 96 Pips✅
USDJPY- This pair has been pushing down but has also just come into a level of structure (Monthly Support Zone) that has acted as support multiple times in the past. Because of that, I see this brown zone as a level that we are likely to see a bounce out of. Because of that, I will be looking for possible long trades from this brown zone here on the...
Good Morning Traders! On Jun 21st I anticipated that EURGBP would reach an area that I call the Monthly Resistance Zone and that's where I'd be looking at selling. Reason For Entry- Double Top Followed By An Engulfing Candle to confirm entry I entered this trade on Monday and it has just closed out. SL- 35Pips🛑 TP1- 35Pips✅(0.91179) TP2- 70Pips✅(0.90836) TP2-...
Market presented a pullback followed by Engulfing Candle Closing 1/2 Position @0.90688 Moving Stop Loss to Entry Now!
This pair is currently pushing down very strongly on the daily chart. But, price is operating around the Daily Support Zone area. This is an area that the EUR/CAD has tested multiple times in the past as support and resistance and is possibly an area that we could see a nice bullish bounce out of this market. For that reason, I will be looking in this area for...
Lastly, let's check out GBPCAD. This pair is coming off of a very bullish week last week. But, it is heading towards a very strong level of support. This level in RED is an area that I will be looking for possible Short trades out of if the GBPCAD reaches this level this week. Major WEEKLY Level Of Resistance= (1.77110-1.78085)
This pair is testing a very interesting zone. We have retraced to a support zone in a down trend, meaning we can now once again look for short positions! If /when this pair offers me a confirmation on 1H and or 4H as well as 1D, I will look to take this pair down to the pervious low, which also happens to be a round number. If you are keen to learn my strategy,...
Hello Traders, GBPUSD is about to start its upside but its not long term trading ! It's only for a few weeks. Its going to have a lower low after its finished the pattern that is forming now. Beautiful pattern if its going to work, don't miss out on it. See my previous chart about GBP and see my prediction on it ! Trade Safe Trade Simple Alex
Hello Traders! We would like to show you a game... While Penguins are on the hunt, you can easily join them as well! It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs. Targets are marked on the chart as a cross air. Heart in the box - a place to jump in/out PIG in the box - places to be aware of a few different...
Hello Traders! Witaj! We would like to introduce u to a funny game.. :) Chcialbym przedstawic Ci smieszna gre :) Basically, all u need to do is to collect the hearts and watch for pigs and thunder signs, targets are marked with sign ;) Zasady sa proste - musisz kolekcjonowac serduszka, uwazac na swinki oraz znaki piorunka.. Posrednie cele sa zaznaczone...
Hello traders, Some of you are curious how we analyze charts. So we decided to show you an example of Fibo perspective. As you noticed we like to look at the market wisely; not only from one perspective. We use as well other perspectives, simply because we like to know what market can possibly do when scenario change rapidly. :) All concepts combined together...
Hello Traders! Witaj! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY...
Hello Traders! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY...
Hello Traders! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY...