- Eurozone OANDA:EU50EUR is officially in Recession due to two consecutive negative quarters in a row. The Euro-Zone entered a Recession in the first quarter of this year and economists are not optimistic for the coming months. Having said that, its Index OANDA:EU50EUR continues to hold its head up high, but the question is, how much longer will it maintain to...
+4% move in USDJPY possible if the USD continues to gain strength
EURJPY outlook for the rest of the quarter. Eliminating swing trades focusing on taking one side on the yearly trend style of analysis. Within trading I advocate for looking at trading from a much longer term view and playing day to day trades within the larger trends to capture maximum pips and lowering risk by locking in pips and not dollars.
Keeping it simple guys Entry: 80 cents Exit: 79 cents Stop Loss: 25 pips Take Profit: 100 pips Risk/Reward: 1:4 1 win on this trade will cover 3 losses. For more high reward low risk trades follow for more trade alerts
This is a trade example of how the Quarters theory trading system works with market session activities highlighted. We are looking at a 25 pip chart. Trading between 1.76 and .175 over the last 2 weeks we have seen 13 successful trades within a 10 cent range. I go over this system a lot because of its low risk high reward strategy of 1:4 1:10 and 1:100 very nice....
Looking at the GBP AUD in 75 pips. goal for this chart was look for hesitation zones that can be taken advantage from.
Per myfxbook, retail is 68% short on CADJPY, making me short to mid term bullish. There are also more short term inefficiencies in CADJPY to the long side than the short side. Price has formed support right above the 50% mark of a 1D bullish imbalance, making me even more bullish. Looking for entry at the 50% mark of the 1D, and an ultimate TP at a major 1h...
Practicing marking quarter points on GDP/USD monthly chart.
Practicing drawing quarter points on E/U monthly chart
I created an indicator that lets you divide prices into equal segments (rainbow script). This allows me to apply quarters theory (made popular in forex trading) to smaller timeframes on BTC. Quarters theory is the idea that price action hovers around the quarters between whole numbers... 10, 12.5, 15, 17.5, 20.... I've divided 30,000 to 50,000 into quarters...
So this is the only pair that im using to trade Quarters theory and Major and Minor Support and Resistance levels. Price is pretty much respecting the levels. Lets see if we get a push down to that zone.
Last week's candle closed above the 0.7500 quarter level. My idea for this week is to follow price throughout the week based on breaks or rejections of the outlined levels. As price moves during the week I will make updates for the idea. Cheers!
Last week's candle closed at the 1.5000 quarter level. My idea for this week is to follow price throughout the week based on breaks or rejections of the outlined levels. As price moves during the week I will make updates for the idea. Cheers!
Last week's candle closed at the 0.72500 quarter level. My idea for this week is to follow price throughout the week based on breaks or rejections of the outlined levels. As price moves during the week I will make updates for the idea. Cheers!
Price broke through Minor Quarter. Possible retests in the coming hours. Entry: 113.700 S/L: 113.359 T/P: 114.948 Best of luck! Trade at your own risk.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 1482 Cross-Rates (4th Quarter Statistics) @ drive.google.com Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... 1482 Cross-Rates (4th Quarter Statistics) @...