My wife is cheating on me... she still uses real money instead of BTC ;p
Now we are going to cut the crap and explain this trade in proper English so everyone can understand.... price has used a strong support zone ( red box ) and is on its way up to our resistance zone ( green box )
See how simple that was? even my pet dog understood it and is now currently on...
Not in a million years is price going to break our red resistance zone, this zone is an all time high for US30.
For all you people who think that it will break and continue to rise just answer me this.... How the hell is price going to do this with Donald Duck in charge of your country, when you are in the most debt the country has ever been in, unemployment is...
We just thought we would give you a FREE trade to brighten up your Monday morning ;p
Price is at 4H support and GBP is showing slight signs of strengthening so we can see a pullback coming this week, and after weeks of bearish movement the bulls will take over for a while enabling us to catch 100+ pips with ease.
Thank us later.
We are looking for price to make a lovely bearish run down to our support zone ( green box ) After price hitting 4H resistance today we had a spike through this level and then 2 bearish candles following, this indicates that bears couldn't push through resistance so it is on its way down now.
You could get 60+ pips from this trade, then you can use 2 of them pips...
We can see a strong level that has previously been used as support and now price has broke through this level the bulls are struggling to push price back above this level and it is been used as resistance .
You can also see that price is in a downtrend and has been for a few weeks, price has touched our trend line a number of times on its way down and we expect...
We can see a strong resistance turned support line ( green line ) price was using the as good strong support recently but managed to break through and now is using this level as support.
We are expecting price to bounce and make bullish movement and possibly hitting our TP area or resistance zone ( green box )
So go grab yourself a nice 150 pips on this bank...
Here we can see a clear trend line ( TL ) marked out that has been used as previous resistance and now turned support.
We are expecting price to keep bouncing off this TL and following it down in a bearish movement.
We are keeping this 1 short, sweet and simple as that is the best way to look at charts and learn.
Most of the information on the internet to do...
You can see price hit a 4H high and has dropped so we are expecting 70 pips of bearish movement before the next support area. We are placing SL just above these highs.
GBP has been eating steroids today and needs a break or a pullback so Jump on it quickly.
If you struggle with this come have a chat with us, we can change the way you look at the markets! You have to think outside the box instead of staying in the box the government wants you stuck in! Most people are happy stuck in a low paid job and just about earning enough to SURVIVE and not live.... Work smart not hard.
November 2016 is last time price was lower...
Here we have 2 key zones marked out that have been used as strong support and resistance before and WILL be used again.
What we might see here is a slight pullback in price to our lower zone after days of bullish movement before a final push higher to our upper resistance zone.
I'm currently watching Tyson Fury fight, he is going to smash Schwarz... just like me...
She needs to stop looking in the mirror ;p
Take note of this key resistance turned support zone that price is currently at as I wont spoon feed you forever! So we are expecting bullish movement from this area.
This is a good area and is obviously where big banks have set orders previously, so start thinking like a big investor and start making money instead of...
Our clients come 1st, this is why we teach them in the simplest form, as you can see from our charts SIMPLE IS BETTER.
We are on a mission to show people how easy trading is if you peel back all the b#llshit and don't let people brain wash you in to thinking any different! Half the crap put on the internet is put up on purpose to confuse people so they fail and...
We have weekly resistance, strong daily trend line and price has been ranging in a zone for the past 7 weeks.
We feel price will break out the zone to the downside and break through the trend line making explosive bearish movement.
This is not a signal and we are not in this trade at the moment, but we will notify our VIP clients once this trade does become valid.
We can see a lovely trend line that has been respected for months, but we can also see a strong Monthly/Weekly support zone that price is currently at.
We are expecting this Trend line to break, we could see a retest of our support zone before this trend line breaks but we reserve this information for our VIP clients.
SIMPLE SETUP, price is clearly in a downwards trend and our red box is a clear resistance zone that will also line up with price hitting our trend line....Go for it and treat me to a pint after you make profits.... make mine a strongbow ;p