Not trading tonight due to psych break, but here is a clean setup for a possible early week correction. Please message me for further details, and blessed trading! :)
Please message me for further details, and blessed trading! :)
Please message me for further details, and blessed trading! :)
Please message me for further details, and blessed trading! :)
Please message me for further details, and blessed trading! :)
GBPUSD is near a demand level while DXY make a recent indecision after a bullish trend of few days. At this price level, we start looking for going long. USD maybe will start weakning. Good luck : )
Welcome to everyone! EURUSD recently have been broken the supply trendline. Now it was just reacting the daily demand level and being ready for flying. Alot of room we have for earning. So Long Bias on Eurusd right now. Happy Trading.
Hi traders... If you are not in to the trade from the top you should watch that continuation to join the trade.
SMP Trading SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 Day Actions on - A – Activating Event Currency Pair creating a Double Top B – Beliefs Market will meet resistance @0.946 level and fall to the @0.94 level. In order to enter, the pair needs to be rejected by the Bollinger Band line FX:AUDCAD Trade Management...
Trade had broke the resistance which then became the new support and then retested it. It since then started rising I believe the trade will go up towards the trendline area, which I personally set take profit. The next decision happens from around that area whether it will break or respect. If it breaks the trendline and closes above then I believe that it...
The trade has recently broke the resistance (now the new support) and then then tested the new support. Now currently rising I think the trade will go up to the trendline which it has respected in the past and then the next decision is from there. If it breaks the trendline and closes above it could possibly go higher to next key area but if it doesn't and...
Look at chart to see description of what's happening
My thoughts on two alternate ideas: IDEA 1 - If it breaks the support zone and the trendline it would go lower to the next zone which is either at the 38.2% or around the 61.8% on fibs (that's more long term those levels as I did the fibs a bit wider, however even if I did a smaller fibs the zones I drew out will still be around key levels). IDEA 2. If it...
Looks to me that the GBPJPY will struggle around the resistance heavily as it has tested it multiple times already and hasn't broken through in the past. Who knows though maybe it will, you can never know? However more likely a sell looks more like a viable option, dropping heavily all the way to the 61.8% on the Fibonnaci which is a key support zone also. On the...
EURUSD is heading down towards the weekly support at around 1.16414 then I expect that it would then go back up towards 1.20850 and could then either form a head and shoulders pattern or could go over and continue to go up towards the weekly resistance area at 1.25701. Looking at the indicators such as the RSI and Stochastic also on the Weekly chart, the Rsi...
GBP/USD - Short-Term-Trade - Market Update We've been seeing price be in a STRONG -Bullish- trend. Overall I can see price reaching our -27.20% Fibonacci area (About 75 PIPS away). However; I don't see my self placing any entries as of right now. What are my recommendations? If you are in a -BUY- I recommend you still hold this pair as we are still...