TomBray1

TomBray1

Hi Guys, I just wanted to talk about a trade a I took today on GU which was a big 4.5 R2R Ratio! I've kind of switched up my trading strategy, as my old strategy wasn't really working as consistently as I would have liked it to. I use to trade of psychological levels and I use to be really strict with it which held back my trading quite a lot. I use to mark up...

TomBray1

Evening guys, I'm going to breakdown NAS100 in its purest form. I'm fairly new to trading NAS100 but from looking back over the years, this is one of the smoothest moving indices you can trade. You can clearly see price respects these clear supply / demand zones. LOL I'm trying to type fast because NAS is playing out so quickly despite being in the late...

TomBray1

Evening Guys, This is a EUR/USD breakdown. Technically EUR/USD is bearish and has been since last year. It's only going to go further until ECB raises interest rates to tackle the surging inflation the economy is facing. EURO/USD has made some beautiful structure on the H4 & H1 TF, you can clearly see a perfect head & shoulder pattern combined with bearish...

TomBray1

Good evening guys, I've just hoped on the charts and GJ is looking very clean, if there's a perfect example of a break and retest, this is one lol! 166.0 is a huge area of resistance and we've absolutely smashed through it and this is after printing a double top so this really shows that buyers are in control of the market. For this trade, I'm now waiting for...

TomBray1

Hey Guys, This is a counter trend trade!! I'm currently selling EU after that huge bullish run we just had. We've just seen price break beneath a strong area of support now acting as resistance, since London open we've had some strong bearish momentum step into the market, but I am only selling this pair to around the 1.0000 zone as this is where price is...

TomBray1

Hi Guys, I'm looking to take this short on GJ. We have currently witness price print a perfect double top at a strong level of supply / resistance Price has now broken through support which we are anticipating to act as resistance We are now waiting for our entry which could either be a depletion of buying pressure and a new presence of selling pressure (wick...

TomBray1

XAU/USD Breakdown This paid has now broken its bearish market structure on the H4 & H1 timeframe We can also see price has broken above a key area of support and is slowly coming back down to retest before another potential push to the upside You can see on my chart where I will be looking to enter and exit this trade

TomBray1

GBP/JPY Buy Set up Technical breakdown on GBPJPY GJ is in a very bullish condition, however, I understand that the pair is also trading at a strong level of resistance Saying that, GJ has the potential to break past resistance, and this could be the trade we need to make it happen GJ has broken 15m resistance but hasn't come back to retest, this key area also...

TomBray1

EURO / DOLLAR; Technical Breakdown (Long) So, as you can see we've had a depletion at 0.98800 where price failed to break the lows and printed a clear inverted head & shoulders After the third bounce of the trendline, I was expecting price to break through, indicating price is reversing We have clear / well respected support / resistance zones marked out,...

TomBray1

This is my technical breakdown on GJ. GJ is in a bearish condition on the higher time frames, however, we've just had a strong breakout of a descending wedge (bullish pattern), caused by the UK electing their new Prime Minister. Now we've had this break out, I'd be looking to go long on GJ on the retest which could happen at either 163.500 or 162.500, where...

TomBray1

XAU/USD Short (Short-term). Looking to sell XAU if we get a break below that mini resistance zone. We have currently broken the lower TF market structure and now I'm waiting for an inverted Head & Shoulder pattern to form before looking to take Gold higher breaking out of the trendline. This trade is only valid if price breaks below and we get a nice rejection of...

TomBray1

GBP/JPY Short. Potential set-up with various underlying fundamental confluences such as fear of hyperinflation, Ukrainian War, and Banks trying to tackle inflation. I will only look to sell if we get a BOS of the mini counter trend which would then form an obvious head & shoulder pattern to support the continuation of the strong downtrend we are currently in.

TomBray1

Shorting GBPUSD - Technicals and Fundamentals in full alignment.

TomBray1

GBP/JPY Short From a technical perspective, there's a high probability that price will reject our entry zone and drop to our bearish targets.

TomBray1

Good morning, Yesterday I entered a sell on GBPUSD and I'd like to share my thought process before I entered this trade. On the higher timeframe we can see the Pound has been melting these past few weeks as a result of the FED starting their tapering process, concerns over the new Omicron variant, the BOE not looking to change their monetary policy after...

TomBray1

GJ has just broken below previous support / demand zone from which we are currently watching a retest. If we get some nice selling pressure we are looking to place a sell on GBPJPY. A word of warning, we can expect price to 'fake-out' above this zone all the way back up to our supply zone (yellow box) or even to the 61.8 Fib level before we see a continuation to...

TomBray1

SHORTING EU! Brief Technical Analysis: - Bearish Flag forming on the H8/Daily TF - Nice impulse to the downside breaking past 1.13000 - Retest of the round psychological number 1.13000 - 61.8 Fib level lines up with previous stated confluences - 3rd touch of trendline on H1 timeframe Brief Fundamental Analysis on the currency pair: - ECB aren't looking to...

TomBray1

GOLD is currently at a key supply zone, marked out on the 30M timeframe. Previously, GOLD has rejected this zone with strong momentum, and we can already see strong selling pressure at this zone. We've just seen a huge bearish engulfing candle formed the 30M timeframe, creating a new lower low. I am now looking for GOLD to come up to supply once more to complete...