Hello Traders.. We are taking a look at a different Pair today. The Monthly timeframe and Weekly timeframe really pushing the highs of the range over here. Will CPI be the catalyst to Spaceship us out of the range finally? Or do we still need some more time to gather liquidity and pullback. We pulled back today, Tuesday April 9th, as buyers got gun shy and Sellers...
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD...
Some banks and Institutions require their execution desks to close positions as the month comes to and end. This sometimes causes wild and irrational choppiness in the price action. Caution as the market closes out the month of March 24'. PCE data is forecasted to decrease which could spark some optimism and a rebound to the upside to end the month. If not, we may...
Hello Traders.. This analysis is more brief but I get to the point with my bias and analysis. The Price level's are there.. We do have news super late in the NY session today as we have a Fed Speech so beware when holding your trades through to the next Daily candle. See you all in the next video
Enough to Stop the Risk-Off Sentiment? Daily Level 1.0805 may act as a temporary support level and we may observe a bounce and retracement early in the week here. During the first session of the week, Asian has observed some nice volatility off this Daily support level created on March 1st of this Month. 18 pips bounce already and I anticpate that by the end of...
Hello Traders! Welcome back to another Top-Down Analysis of EurUsd. I've found that only trading 1 Pair/Instrument is a great way to reduce your risk exposure in the markets. There are a few reasons for this --- 1) I only have to pay attention to the news announcments for the -EUR & -USD 2) The currency pair has it's own nuances and characteristics that I may not...
Hello Traders.. Another new week of trading ahead. No news announcements to kick off the week so expecting some smooth price action. Monday's can move nicely as volatility is typically lower. It's during the end of the week when we observe more aggressive trends and thats when you can really let your winning trades run. Coming out of the Weekly candle closure from...
We Depreciated -46.4 Pips this week on EurUsd. This was due to profit taking from the increase in recent weeks, CPI data that wasn't favorable for the Federal Reserve's goals, and confluence with a Weekly Resistance Level 1.095. In this Analysis we begin by looking at how the Monthly and weekly timeframes pulled to the downside. We then go down to the 30 minute...
In the video I discuss a few live trades and the reasoning behind the entries. I also talk about the lead up price action that is important to note when managing the trades. I then discuss the same basic concepts applied to price action on the DOW and where the prime entries were and reasons for them. The basic concepts discussed are : - Momentum - Price...
Eurusd new monthly candle! The February monthly candle closed a bearish doji candle. This suggests that we may continue a bearish descent from the January monthly engulfing candle. At the same time it appears that price is respecting Weekly level 1.0763 and there is Risk-On Sentiment in the markets following optimistic Cad inflation data from 2 weeks ago....
looking for sells with gbpaud and got out at a loss but currently since the open of london session market showed strong bullish pressure so i got out of sells and entered a high probabilty GBPJPY long.
gbpaud is continuing to make a new low as the 4hr candle is at its last hour before closure. currently watching gbpaud to break 1.92 to continue selling off. *GBPAUD/SHORT
EURAUD rising wedge gave me a signal showing bearish price action inside the wedge so i entered sells. if you did not catch this trade with me just watch how it plays out and as a trade look and pay attention to market behavior and ask yourself "why" is price selling off at this level. *pay attetion to market behavior and (evidence) market give before a move...
The euro is showing multiple signs of bearish price action. my prediction is that most of the euro will be bearish for the rest of the week but these 3 currency pairs are all high probability trades for me. watch these bearish trades with me:) thanks for watching and watch my ideas and watch how accurate they all are. *Eurgbp * eurjpy *euraud SHORT
ERNZD making higher high and higher lows with multiple confirmations of strong buying pressure *if you watch my videos you can see that im using structure,patterns, and correlation as evidence for my trades. thanks for watching will keep you guys updated
Audcad sell nothing really to say everything is in the video!! lets see how this plays out london session *waiting on the huge melt down lol hope you guys enjoy1!
* *AUDCAD shor update price is making lower lows and lower highs . *Trade is going perfectfly as planned *
Audcad broke structure bullish before market close friday 1/5/24 so i got out of sells and follower price because i was expecting a daily pullback to the upside and rejction back to the downside. * Price is now showing us daily pull back and rejection as expected but faster than expect so i did what a trader is supposed to do ADAPT! ill keep you guys updated.