TradeAssociatesLLC

TradeAssociatesLLC

Trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: EURAUD completed a retrace to the 100% fibonacci level and started to move back up. Market structure remains bearish on the H4 and D1...

TradeAssociatesLLC

Multi Timeframe Analysis Trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: Look left on the Daily Chart and see the repetition of sharp bullish impulses followed by swift bearish...

TradeAssociatesLLC

Multi Timeframe Analysis Trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: USDCAD will continue its bearish momentum until 1.2450 which is strong market structure. Monitor price action at...

TradeAssociatesLLC

Multi Timeframe Analysis Trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: Gold could not pierce the last weekly high and commenced moving downwards. Wave analysis is clear: the price will...

TradeAssociatesLLC

Multi Timeframe Analysis Trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: GBP pairs reacted strongly to the blood clotting incident from the vaccine by dropping. Expect GBPUSD to drop...

TradeAssociatesLLC

Multi Timeframe Analysis Trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: AUDUSD is testing strong Weekly and Daily resistance. Look left on the daily chart and you will a similar pattern...

TradeAssociatesLLC

Multi Timeframe Analysis Trading philosophy: We don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace in the direction of the D1 master trend. Recommendation: Within 7 to 14 days, EURUSD will potentially retrace to the 1.18000 levels (61% Fibonacci) to allow the market...