NZDCAD had fake breakout @ 0.8409 this action happened before pair could reach very strong resistance @ 0.8429 volume profile shows how much important the resistance area MACD show sell signal
CADCHF Had very strong resistance @ 0.7568 rejected the price 3 Times at the same level price formed double top pattern the pair penetrated key level as a nick line for double top @ 0.7523 now price ready to full down for all levels shown on the chart
In today's #marketinsights video recording I analyse EURJPY and USDMXN! Euro, although affected by expectations that ECB will not only cut but probably also QE, is trading relatively firm against a weaker yen. BoJ's ease seems to be taken to heart compared to ECB's as Japan is ultraloose already! The Mexican Peso, on the other hand, seems affected by...
*If you like this idea, please support it with a LIKE! Thanks Details about me in my signature. EUR/AUD - SHORT Order Entry @ Market Price (approx. 1.6235) SL @ 1.64 TP1 @ 1.6000 TP2 @ 1.5800 TP2 @ 1.5650 Tp4 @ 1.5500 Many pips ahead!
I was thinking... They say "be specialized in only 1 market", but how does that work? Everything matters and there are correlations everywhere. Be specialized in 1 strategy sure, but what better way to do this than have a global view on everything? I like it this way. People that only focus on 2 - 3 symbols can look at everything but really go in detail with their...
- Indices - The SnP got to ath & dropped the same day. I think the fake fomo shilling conspiracy is working less and less. Why are these people trying so hard to convince people to buy? Literal pyramid scheme. Just waiting for it to drop further, maybe. Other indices are following, DAX & CAC40 are still way more bullish so not dropping much. - Majors -...
- Prologue - I think it would be optimal for me to check markets twice a week. So maybe Monday and Thursday? And the rest of the time just work on new strategies, improving, troll posting, whatever. And not forgetting to check my tagged charts once or twice a day. Apart from learning and designing a system, trading regularly comes in 3 parts: 1- What I am doing...
Aww didn't expect this to last 12 min. Guess I'll sleep now or soon. Will do stocks tomorrow, I want to look at these "smaller" charts as well as bigger stocks for swing trade opportunities once a month.
We're approaching resistance, price has shown quite some rejection around this area from the beginning of April. Will it hold?
Entry has yet to be determined. Waiting for confirmation and SL will go below the previous low. 1.8470.
AUDNZD is gathering support to push it way up which will take a few hours or days for a buy.
Could be looking at trend continuation. SL: 1.6135 Entry: 1.1685 TP: 1.6385
CAD seems to be strong these days although fundamentally we know that's a lie. SL: 0.9045 Entry: 0.9025 TP: 0.8945
Simple trend continuation setup. Should price retrace to previous low around 1.7080 and show signs of rejection, it could be a good entry point. SL: 1.7120 Entry: 1.7080 TP: 1.6920 TP will be adjusted should the price swing lower.
GBPNZD looks to be making its way for a strong sell as price is heading down. There is still GBP news in the next few minutes to most likely push its way down. TP1: 1.8732 TP2: 1.8700 TP3: 1.8681
Ignore my first hypothesis of GBPAUD for a buy. After GBP news, it’s clear that we are looking to sell GBPAUD based on the strong impluse that will ride out.
Price of AUD news has passed for RBA Monetary Policy Statement, which is moving up. Therefore, we may see a continuation for GBP news of Gross Domestic Product. In addition, good support level on price for GBPAUD.
Hey, like all my chart styles? They're pretttyyy :) Perfect dead week ahead, good timing as I did ZERO of the research I wanted to do this week end, I want to peace out for a while. I just set my 25-30 alerts which takes me 1h-1h30 every week (last week i only set less than 10 only wanted to trade clear trends). I watch a little over 20 FX pairs, 4 metals, half...