Trade based on support and resistance level & multiple time frame analysis. Thank you.
Good Night, Morning and Evening traders Made our first installment / video with a swift breakdown of EUR/USD and a couple TIPS:- on how i approach the market :) Please, Please Don't take anything i say as gospel. just giving you my Two pence of advise of what IM ! personally looking to trade Enjoy :)
There is probably a head and shoulders in there. Trend on 4H seems to be weakening. No recommendations. My entry point was based on other methodologies.
The most relevant news regarding oil during this weekend's G20 summit is that Russia and Saudia Arabia do not plan to cut their oil production, meaning the price per barrel will continue to drop. When Oil goes down, USDCAD goes up.
A recap of the results on my position on USDCAD from Bad Advice part 1.
Bullish on the USDCAD up channel, despite recent price dip.
Looking for USDJPY to bouce off of Trendline - heading towards the high, creating a double top.
EUR/USD is attempting to continue its uptrend channel. With this breakout, let's see where the price can go. The stop is set far enough to account for any swing lows if the trend continues upward, Entry point and Stop level indicated on the chart. Profit target will be taken discretionarily (no set target).
I see at least a possibility that bitcoin has now embarked on a new steep uptrend line similar to the time frame of March 2013. There are points of evidence that the current price action will continue in classic uptrend style price action that is persistent and pushing higher consitently and then evolving into runaway price action. The bear market of first half...