Today I have a brief analysis on GBPCAD.
Friday we seen a release of CoT Data by CFTC.
What opportunities have arisen?
As you can see by my chart, I'm expecting a buying opportunity, backed up by bullish CoT outlook on GBP and bearish on CAD.
An increase of 9.5K roughly net positions for GBP and a decrease in CAD's net positions.
Hello fellow traders.
For too long I have been playing with AUDCAD and not getting anywhere.
Because I'm strung and determined on it going short I'm trying to almost persuade it and push it following no real fundamentals/technical analysis and just general hopes and dreams.
HOWEVER. No more.
Head is back in the game and this is what we're looking...
I'm going to show a basic how to on my multi time frame analysis.
I'm assuming if you've found this video you've seen some of my charts.
I am not a professional trader, I'm a mechanic to trade. Forex is a hobby for me, somewhere I can learn and earn extra income.
Everything is explained in the video I'm posting, if you have any questions, don't...
Here I have made a short 10 minute video on Trendlines on GBPCAD monthly.
I'm going to start making small educational videos and posting them on QuickPipsFX group to help beginners understand the basics of Forex.
I am by no means a professional myself but I absolutely adore education.
I'm a mechanic to trade, working within the fire service and this is...
Here we have EURJPY and here's what I see.
I see a brilliant opportunity to ride the impulsive wave on their to the upside.
The pair has broken the 0.382 fibonacci level and is now making moves to the upside.
I will be looking to long this pair.
Please like and comment on this chart, any questions please do not hesitate to message me on here...
An exciting outlook on the weekly chart with a formation that has tested 0.382 fibonacci and has failed to close above it.
What does this mean??
TIME TO TRADE THE IMPULSE.
I will be looking for a short position early in the week.
I will try update this pair later on in the week if I see it necessary.
Please like and comment on this chart,...
This week on EURCAD I expect to see a continuation of the short term sideways trend we have been looking at.
It has reached and been rejected by the 0.5 fibonacci level, so I'll be looking to short down to highlighted area on chart.
Once it has reached that, I do believe it will begin an upward motion, however, this pair will be looked at again...
To start off the week, I'll be looking at AUDCAD, the only Aussie Dollar pair I'll be looking at just now.
Here we can see a break above then close below the resistance at 0.915 area (Monthly/Weekly) resistance.
I foresee a drop in the pair, so will be setting an SL above trend line and hopefully enjoying a fine downward slide on retest of...