Uptrend forming on the Weekly chart, will be performing my first swing/position trade off this.. Lets see how it goes!
GBP JPY coming out of a consolidating period creating new highs. Is this the start of a new trend
Unable to assume a linear direction for gold, trying not to input my own thoughts on where it's going to go. The fluctuation between bulls and bears is HIGH. Seeing lots of different signals coming from other traders. Guess it shows personalities! Keeping it neutral and going to play XAUUSD at it's own game. Support to resistance/Resistance to support seems the...
GBPJPY recently had a huge BEARISH BIAS. As you can see here, GJ Has been providing us with corrective structures over the past two weeks or so, which has momentum building up and then it finally breakout following the bearish bias which we would have foreseen through out TOP DOWN ANALYSIS in which is my form of seeing the overview of the market I'm looking at trading.
Here is a video of my own top down analysis for CHFJPY. Still waiting for confirmations for any sort of bias. Stay tuned!
THE IMPORTANCE OF ZONES!!!!!! It is imperative for any trader to understand the importance of SUPPORT & RESISTANCE. Look at how well price respected my monthly S&R zone. It is imperative that you study market structure and implement it to your trading
Will this head and shoulders formation form or will price continue downside? What do you think?
High probability pinbar forming on 1H/4H Time frame. Sellstop ready
NZDUSD is approaching montlhy S&R. Will be looking to see how price reacts. Breakout or retrace the way it came?
EURAUD has presented a Head and shoulders price pattern on the daily timeframe
Example of an inverse cup and handle I have taken for a quick scalp.
After a pretty decent sell-off. EA has hit a healthy respected monthly trend-line. Will be looking for either a reversal or continuation. Imperative to remember to keep an open mind towards your bias. More neutral you remain the more comfortable you will be managing this trade and also the next.
Ride the wave up.. Ride the wave down. Double bottom to an evening star! Nice entry.
Another double bottom GBPJPY long entry which has give me an excellent return.
EURNOK displayed a double top reversal formation. Neckline broke into a sell off and surpassed TP I would have designated for this trade.
Looking at shorting NZDUSD after the recent rally. Sellstop @ 0.66671. Possible high probability Kangaroo tail forming on 4h.
Will GOLD be moving upside? Price is respecting my monthly zones but Is the DOVISH FOMC minutes enough to push the currency higher? Correlating pair UJ still showing potential to move upside. forecasting is essential
NZDUSD long trade - LOW RISK HIGH PROBABILITY. REVERSAL. This trade absolutely smashed the TP zone but i am letting it run. - Pin bar rejection off monthly key zone - Inverted hammer & Gravestone Doji