Tokoloho

Tokoloho

Hello Traders I am assuming that the bullish trend is still active on this pair. As indicated on the chart I am only seeing a change of character ONLY when the daily range is broken below. Tell me what you think do you agree or not?

Tokoloho

EURCAD seems to have broken below the demand zone of a ranging market. The 1hr candles engulfed below the level, there as we wait for a re-test at that level we expect the market to continue downwards

Tokoloho Updated 

Hello Guys, I am back again with another analysis. Note that I am a clean chart trader, I believe it is easier to read a naked chart and interpret its movements. I am sending this analysis to those who are waiting for the right entries. This market looks good for buys as we can see that a breakout from the downtrending channel has already happened, all we...

Tokoloho

Hello guys I am back again with another analysis EXOTIC PAIR. Who else loves exotics? Well, I think no one. Anyways, this pair is moving in an uptrend, however the market has reached a level where it seeks to pause its upward momentum and needs to correct. Therefore it needs to correct itself, as seen on the chart. We can see that we are on the verge of...

Tokoloho

Hey guys, we are back again with another signal!!! EURUSD has been down-trending through the week as seen on the chart. So we are sure to look for selling entries. Currently, the market has broken below the support line, and this is confirmation that we will short our trades. We are careful to not that there are no double-bottom formations that may happen....

Tokoloho

Hey guys, we are back again with another signal!!! One of my mentors saw this short signal on gold which has been rallying downwards throughout the week. I have created resistance with the green block on the chart, and I am saying that we are looking for sells as long as we are below that resistance. FRIDAY THE 13TH: Let`s go

Tokoloho

Hi Once again, I am convinced that we might sell EURUSD for the second day of the week. Looking at the analysis, the market has created a downtrending channel containing an impulse move to the downside, and a minor correction to the upside. In the corrective phase of these moves, you are expected to see a resistance where the market fails to break above those...

Tokoloho

Hi Traders, I am happy to present a new idea. GBPNZD has been plummeting throughout the week and has however met strong support at the current market price. To be precise, the market tested the support twice and has proven even times for me that the downtrend is unlikely to continue. I am looking for buys because the market has created a triple bottom which...

Tokoloho

Good Morning Traders. I spotted this pair, and after checking on the H4 chart I realized that sales are the prospect to happen, however, I do think that a break above the marked resistance level could invalidate the sells and you should be waiting for a retest above the resistance to confirm buy entries. I do recommend that you scale down to lower timeframes...

Tokoloho

I saw a flag pattern on gold using the H1 CHART, and I saw strong support between the price 1911 and 1915 and that is exactly where the market has retested. I am happy and confident that Gold will continue to be bullish. Feel free to share your opinion, do not be shy. Let us engage as traders. DANKO!

Tokoloho

I saw a reversal yesterday when the market started opening, I entered buys and still holding. Looking to scale in with more positions to swing trade GBPUSD. If you see any errors in my analysis feel free to comment below do not be shy, and let us engage as traders. By the way, I have been trading since 2010 and I must say that trading is a journey one can...

Tokoloho

Scalping opportunity for those with small accounts. Breakout and retest trade here. check carefully DANKO

Tokoloho

Hi Mates, today the EURUSD is certainly interesting. Expecting a skewed double-bottom setup during the New York session today. Since this market has pushed back into the consolidation rectangle, I am convinced that we should be expecting a move to the upside. Most traders were looking TO SELL especially on larger timeframes such as the H4, BUT I know that the...

Tokoloho

When selling opportunities are obvious it is most likely the market is being induced by the market maker so that he may go against the majority and that is exactly how he makes his millions. I am moving with the market maker. DANKO

Tokoloho

The daily chart is where we get the overall perspective of where the market might be headed and can influence how the market behaves from other timeframes. now in this case we see EURUSD creating a descending channel right? yes, and we should be looking for sells because the market is still channeled in between right? However, my chat is that we should look at...

Tokoloho Updated 

The current price is very critical, if the market breaks below the uptrend we could see the market spiral down to a deep slump. However if it fails to break the uptrend channel it will most possibly continue to be dictated by the uptrend. A key factor here is to really wait for confirmation either for a breakout or a continuation to the upside and remember this...

Tokoloho Updated 

Yesterday, I shared this setup. I did not change the setup, as we can see a retest and a new lower high was printed, we are expecting the market to continue with this downslope. Remember this does not constitute trading advice, enter at you own risk!!!!

Tokoloho

I always advice traders to either trade the trend, or enter a counter trend entry only when a common chart pattern is forming such as the double-bottom or top, head and shoulders so that you may be confident in your entry. This trade setup suggests that we are simply moving with the downtrend, since there is no sign of trend reversal as yet. DISCLAIMER:...