this in an update, i published this idea 12 days ago I took this trade on D1, price almost reached profit and retrace after some fundamental news coming from Canada then i close all positions, with almost 200 pips gain now i am ready to reenter, the price is bouncing again at the strong support area shown on the chart fundamentaly, the Euro is getting stronger...
This trade is daily but we can see the entire picture at weekly chart. Price is at very strong support area, therea are some reasons for that. Everything is explained on the chart. One more reason: price is bouncing weekly EMA 200 I think the up move will not be so clear and may take some days. When entering we can open 2 or 3 positions and close them looking the...
I like this trade, simple but effective. The price is bouncing at very importante round level 1.1000 It formed an engulfing bullish candle The price broke es above this candle most probably will continue
Based on our weekly chart analysis, this pair should go bullish very strong There's a nice pullback forming now, its the chance to re-enter for good profits The risk is low I'm entering now, i know this pair will not disappoint us Greetings
Forex is a matter of probabilities because nobody can predict the future The idea here is simple, the price is at very important resistance and pivot point near 115.00 Right now the price is very close to 115.00 level, so i prefer to enter at this point because of a better R/R ratio Some people may wait for a confirmation, its also good, depending if you are...
Last days the CADJPY was at very strong bullish rally. Seems its over o will retrace to continue. Most probably will retrace to the 95.000 level The CADJPY and USDJPY are strong positively correlated (81%) This could mean the USDJPY will finish its rally very soon.
The GBPCHF has already changed direction buy it is moving sideways last week. I may take some days more, but finally it must confirm the bearish direction. The ichimoku cloud is very usefull in such cases. I prefer to take the trades from initial stage to get to the 1.61 fib extension Greetings
I see now there's a good chance for the GBPUSD to retrace or go bullish. Everything is explained on the chart. One more reason: there is a gap not filled yet This trade is daily but i use weekly chart to see a best scenario. Fundamentally, the GBP is getting stronger against all currencies from last week. Good trading
I think its time for the NZD to fall against the JPY, like all other related pairs. The price is retesting the first entry point and forming a shooting star.
I like bounce trading because offers a good R/R ratio. Its a little risky but the chances to make good profits are good. We know EURUSD and USDCHF are negative correlated. When nothing is clear on EURUSD i take a look at the USDCHF chart, things are more clear here. In this chart we have a good chance to trade a bounce on EMA 200 weekly You can enter this trade...
This chart is very consistent 1) psycho level 1.400 2) touching ema 200 3) strong trendline support 4) elliot cycle complete 5) MACD divergence 6) channel You can switch to the 1D chart and see the same scenario Definitely will be there
This is an update, i posted this chart one month ago We reached a key level 105.00 You can enter after breakout aiming 110.00 as target The movement is strong and the candles are healthy
This is an update The move is strong and the bullish candles healthy We are at a 105.000 key level We can reenter after breakout aiming target 110.00
sometimes it is important to go back to the basics here the important information comes from this candle formation "tweezer tops" wich is very important at resistance levels this is a very strong bearish signal most important risk/reward ratio is good
we are at a very strong reverse level round number 0.90000 we have MACD divergence (forgot to add at the chart ) someone can tell how to edit a chart? some tips: - wait for the price to get closer a bit more to 0.90000 for an entry with better risk/reward ratio - you can switch to a lower 4H o 1H time frame to find an entry
There is a weekly wedge broken Finally we will get to 1.200 exactly Of course there will be short retracements, we can reenter there Simple is better
The break happened last week and this week can be confirmed, they offer a good risk/reward ratio. The MACD divergence and RSI indicators are also bullish