EUR/USD Short • If price corrects and a larger three touch one hour flag forms, then I'll be looking to get long with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/CAD Short • If price pushes...
analysis on potential USDCAD trade idea explained let me know what you think
This is what ill be doing. Not to say that i have not also been buying these lower/smaller/more shallow dips as well and especially with mining stocks flipping them intraday. But in the bigger picture this is more of what you should be looking to swing trade. I'll be buying more aggressively as we touch into these marked areas.
A week ago I had a little exchange with someone on Reddit who was claiming that Bitcoin would be shooting up. The analysis was purely technical, using pitchforks and trends, and I was surprised by their level of conviction in the prediction. Here's a snippet of my response: I find it interesting when I see trade ideas based on price movement. Market structures...
EUR/USD Short • If price corrects and a larger one hour flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. GBP/AUD Short • If price corrects and a...
Targets 1.35 1.39. 1.48 See the chart above GBP/USD entered a consolidative phase in a holiday-shortened week. Eyes on United States inflation data, UK jobs report and BoE’s Bailey in the week ahead. Risks remain skewed to the upside whilst above 1.2600, with a bullish RSI. The Pound Sterling held onto recovery gains against the United States Dollar (USD)...
USD/JPY tests new highs as Treasury yields rise. While the market expects that the Fed would stop after an additional 25 bps rate hike in July, BoJ’s ultra-dovish policy puts too much pressure on the Japanese yen. See also the following related Trading Ideas USDJPY published apr 2023 USDJPY published may2023 Taking a look at the daily chart, a move above the...
Euro and Swissi are currently the only majors against US Dollar that are strong. EUR/USD climbs above 1.0820 after soft US PPI data EUR/USD shoots to near 1.0820 as US PPI deflated wider than anticipated UR/USD has jumped strongly to near 1.0820 as US PPI has softened significantly inspired by lower gasoline prices. US monthly headline PPI has registered...
EUR/USD Short • If price corrects and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this...
Continued weakness should follow for many health care stocks. A bearish breakdown has been observed, this sector does typically get strong technical oversold bounces. I see a daily chart pattern down to sub $126
EUR/AUD Short • If price corrects and a larger three touch one hour flag forms, then I'll be looking to get long with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. CAD/JPY Short • If price pushes...
Despite majority of my analysis are in stocks, I am a forex and commodities trader as well. Gold is one of the assets I love trading the most, an asset that has been very good to me in the past. What am I watching at this moment? My approach to trading Gold is something like a swing trading approach, with lots of scaling in to a position. I am usually looking...
EUR/USD Short • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan...
EURUSD stabilizing above 1.12242 will support rising to touch 1.12643 then 1.13076 then 1.13488 stabilizing under 1.12242 will support falling to touch 1.11803 the 1.1139 Pivot Price: 1.12242 Resistance prices: 1.12643 & 1.13076 & 1.13488 Support prices: 1.11803 & 1.1139 & 1.10954 timeframe: 4H
EUR/USD Short • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan...
Strong Bullish Divergence on #BTC and a few other crypto pairs. Indicating we're about to return to the highs of $50k+ imo.
So, my last bid on EURUSD was a bust, i was hoping for a increase in interests from the FED, but this seems less and less likely now a days. SO my new move for the next coming wee/weeks is a minor pullback for EURUSD and then a catalyst move the 27th where ECB will increase interests and the FED will keep interests still. Good luck!
AUD/JPY long • If price impulses up, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity...