This is only forecast, wait for confirmation to open position
Esperamos algunas caidas en el USD veremos que tal
Price has sold off hard from the bearish price action analysis I did last week (those will be linked to this post). As I pointed out in my analysis last week, the bearish price action offers an opportunity to get short and once price drops to the 1215-1205 range we can switch from a short position to a neutral/short to then profit from the high implied...
In this video I talk about the potential of a setup in the key resistance area of 1.18 to 1.185 price zone if a bearish candlestick pattern forms in this area. This would off a very nice, with-the-trend, short selling setup.
Quick Video for my team showing what I expect on EURUSD and how the EMA's I use as confluence will play their part in confirming entry and TP point.
In this video I introduce you to the benefits of market and strategy diversification. I then cover a short strangle trade that I am currently in. I will begin posting more short premium options trades along with my current directional price action trades that I frequently post.
In this video I discuss a potential buying opportunity from key support.
REFER TO THE ATTACHED LINK FOR IDEA PARAMETERS :D Bearish 4H Respect of Daily Level of Resistance Rejection of 38.2% Fib Level Break of Counter-Trend Line Pullback and engulfing on 4H after CTL break. Break of consolidation, pullback and #QuantumCreations #ForecastingReality
I made an about face on my bias of gold yesterday where I flipped from bearish to bullish. This doesn't mean I am indecisive or have multiple personalities, rather it was due to watching what price was telling me. Don't ever be afraid to change your opinion of a setup on a dime. Price action and the "price story" is always changing, and thus our bias' of that...
There is a nicely shaped bearish pin bar on the daily candlestick chart for the USDJPY pair. While it is a nice candle I do not think it is tradeable given the overall price action picture. A few problems I have with this pattern is that in some of the trend lines interpretations, the pin bar is actually sitting on top of the trend. This pinbar is also forming...
AUDUSD performed a false break from the .7600 level on Friday. While this was a good bullish trend and perhaps a sign that price will continue it's rise, it simply wasn't strong enough for me to take a position. If price drops back below near term support and forms a double bottom with a sharp recovery then I will re-evaluate and most likely take a long position...
As I predicted in my last video, bitcoin hammered down through the pennant support after a very weak and unconvincing small bullish rise in price. You may have already went short at a break of the pennant at around $7250 and are now solidly in profit. If not, do not dismay as these pennants often times offer "2nd chance entries". Very often in breaks of a...
eur/usd critical ket levels being tested with heavy news announcements next week
I provided analysis two week ago where I laid out a case to go long on a pullback to the 109 region. There were two ways to trade this, either a more risky zone trade or waiting for a price action setup to go long. Price did reach this zone and then formed a double inside-bar pattern that broke out very strongly to the upside. Looking ahead I will be watching...
Price has had a small bounce off of the bottom of the pennant that I have been discussing for the past few weeks. This is a bearish bias pennant and one that I am watching to go short from. There are 2 potential trade setups to get short, one is simply going short on a break of the bottom of the pennant, which will confirm the pattern. The second option is if...
I mentioned in a EURUSD video analysis 2 weeks ago that we might see price drop a bit further and then reverse back up to potentially form a head and shoulder pattern. That looks to be exactly what the EUR is doing right now and is now only a short distance from a key resistance level where we will be intently watching for trade setups. I will be watching for...
GBP/ In this quick take video I want to take a moment to show you a C-Clamp trade opportunity with the GBP vs USD.