Taking a quick scalp here, entry is at .8887 and looking for 30-40 pips from here. Will be looking for shorts once it’s there for a swing trade. Let’s see how it plays out. Stops 10 pips below. Don’t risk more than you need to.
Looking to have GU fill the gap here. Overall I’m bearish but we need to get a spike up with a little divergence to continue to the downside. More than likely we will get to mid bollinger banda and find the set up from there. Stops are already at BE. Let’s see what we can pull during the Asian session. Cheers to a prosperous week.
Close your eyes and imagine what your life could be like with an enormous amount of money. Take some time to feel the feeling of giving someone $10,000 for the hell of it. Got a new car you have been dreaming about? see yourself driving that car. How about a country you have always wanted to visit? walking around sightseeing historical locations and staying in...
Price has been bottoming out for a few weeks now and we have an inverse head and shoulder at play on the daily w/ lower time frames quietly awakening to Impulsive engulfing candles. I can go on about the technicals but reference previous posts and you’ll see the original play is still in tact. Only difference is we are now in a lower high and higher low...
Brush up on the beautiful oil move this week (been waiting for it for ages)
Short idea, for me price needs to go lower ( green box ) and remember gaps ( 1.08 ) Always fill. if the pair reach this level i will look for longs at first but if we have a break and retest of the gap i will short for a further drop ( 1.06 level ). If you want to see my entry join our channel for free trade ideas.
USD/CAD has been the most controversial pair lately for a potentiall downside move and I think now is time to melt. I will use a four split take profit method aiming 1.3 or even lower.
Happy Monday fellow traders. If you’ve been following my posts (see below), you would kno is that we have been shorting the dollar for 2 weeks now using our multiple entry and multiple exit strategy (me/me), averaging our prices anticipated dollar weakness as the technicals have supported and fundamentals have pushed. For us swing traders, technicals give us...
The market giveth and the market can take it She is only fair if you are reasonable and disciplined. Have you been eating your popcorn like I suggested a few posts back? Weekly & Daily dynamic TL’s have been tested and broken. The nay sayers will come out of the wood works and tell you “but kind sir, it pulled back and closed above it so it failed.” Indeed my...
If you’ve been reading and following the last couple posts you would know that we are disliking the US dollar against the looney. If you haven’t thats ok, just make sure you check em out after this. It adds further confirmation to the ideas presented. If your dinner has been served and you’re ready to keep things simple then look at the weekly index for the...
USD/CAD has respected a rising trend line for the last three weeks with multiple touches and confirmations. Since then, price action stalled at the .768 fib level and weekly candle closed with a break below the RIsing TL with a long upper wick, signaling exhaustion and a turn in market sentiment. Looking for shorts at 1.325 and pushing for a retest of the 1.30...
Even if sellers start sell to 1412$ the new movement has been shaped.
price broke below hourly bullish trendline and retest it, giving us a very strong bearish movement
Indian Nifty shows some profit points. Indian Nifty market value is as big as its own population. Likewise, sometimes understanding its movement also difficult to predict. But today, we have some solid show-up points to make profits. The pair may take two kinds of a switch from the current trend zone; 1. Direct drive 2. Throwback and pullback; shown in the...
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
Pound taking its full advantage of such situation.
Hi everyone ! I have for you you my EURAUD analysis. What I see now on the D chart is bearish divergence. So go short for now (1.5890 +/-), + I see on the D chart double top, It means for me that there is big chance that We will be on the short road in this week + RSI is pretty overbought on 1D too. Take care, everything is possible. Enjoy your life and...