GBPUSD just took a dive into a new trading zone after the comments from the BoE. We see a decent swing trade here based on our key trading levels and the indication on other GBPXXX trading pairs. Before the news we shorted GBPJPY based on a bearish reversal contraction. We now continue to sell the GBP but VS the USD this time!
The video explains why and how I will be trading XAUUSD during the Trump speech!
You can see the chart better on this screen shot:
Video explains everything
The chart pretty much explains exactly what we are preparing to do on EURCHF, go long! But... yeap, we focus on being professional and "following" the markets without making crazy price predictions as we are no guru's or wizards and we surely have no crystal ball to predict the moves. It is our duty and ongoing responsibility to be proactive and reactive at the...
Details will come tomorrow, its late here so going to sleep :)
All the details are listed in the video
we use a very unique trading style, a system we completely created from scratch, its a pretty simple system yet its very effective! This video explains what we are doing with our active sell trade and showcase what we plan to do, we also go over a summary of why we are selling this pair!
In the video our lead trader, Denis Popivoda, explains a trading plan of this initially swing trade, that might be compounded into a day trade (and swing trade).
There are good chances BTCUSD could be moving lowering in the short-term (by weeks end) as price action is currently creating a bearish continuation pattern which we expect to create a breakout in the coming days. The chart explains what we see, no need to waste too much time typing here. Trading is Risk vs Reward, we are putting down a risk with the belief...
Facebook has all the classifications of a Primed Traders sell signal... a contraction leading to a key DC resistance supported by a over-bought RSI. All the necessary details are in the chart. The trade has been executed on our Shares only account: - 50 shares sold at 208.14 price We will update as price moves,
Decent bullish price accumilation on BTCUSD 30min chart. We are targetting 50% of ragne
ENTRY 83.674 TP 83.323 ( pips 35 / RR 2.24 ) SL 83.831 ( pips 15.6 ) The trade alert was taken on a 30mins chart. Small SL to manage possible bullish breakout. Bearish continuation pattern (black) failed. Price at DC resistance now. 161% TP lines up with DC support. ~ If you want to enter this trade, you can wait 9mins for the new 30mins candle... incase it...
Not much to go over, easy pips should be coming! Merry Christmas to everyone!
USDMXN is coming out of a bullish reversal contraction which has found support at an important DC level 18.89460, only then can we focus on trading till the TP levels (green). The main two resistances price action needs to break are 19.04180 and 19.12485. TP #1 - 19.27560 ( pips 3299 / RR 2.27 ) our profit target TP #2 - 19.36510 ( pips 4190 / RR 2.90 ) SL -...
As per the chart, our system indicates that a bullish run could occur on GBPUSD. A shorter term profit target can be 23.6% fib or 36.2% fib... but generally 50% looks like a solid zone to target for profit taking. With us being reactive traders we prefer to take the charts into 3 phases: THE PAST: What happened, where are the key levels, how did price react...
The video is self explanatory. Everything about the USDJPY buy and our trading plan is explained in the video. As a related post you will find the actual trade alert we took.