EUR/CAD is one of our Parabolic Trend trades (Strong buy) now broken to the upside again. The target given is a weak target 37%, but a good target to aim for. Chris
Hi Traders, I hope you are well. EUR/JPY continues its correction into support, where it's likely we should see a rebound off Liquidity Zone, Target will be the High Liquidity Zone at the top of the chart. Chris
CAD/JPY is in a Parabolic trend as are all Yen's some great set ups coming this week. High Liquidity area is the target. Chris
Hi Traders, we have a very Strong resistance area at .9373, alert set for my Members. Chris
Hi Traders, I hope you are well, here's a great set up for EUR/GBP as it hits a very high Liquidity Zone, a bounce is likely on Monday. Chris
EUR/AUD heading into a very strong liquidity zone in the coming days, Set your alerts traders. Chris WWW.THETRADINGMENTORS.COM
SOLD Gold at 1781 (NOTE SELL SIGNAL) now + 967 pips so far! Remarkable. Are you an average trader? Do you want to be remarkable? I expect a bounce of 1681.40, then a possible reversal, if we get a BUY signal. Chris
Sold this at 1781 (SELL SIGNAL) my target is 1681.40, where I expect a bounce. These are my Advanced Pro Charts, they are remarkable, are you a Remarkable Trader? Chris
GBP/CHF rejects 1.5000 once more, we have a sell signal with clear Price structure change. The next move targets 1.4000 again in the coming days. Stop loss as posted. Chris
Our preference short positions below 1.1530 with targets at 1.1170 & 1.1000 in extension. Alternative scenario above 1.1530 look for further upside with 1.1690 & 1.1800 as targets. Comment the RSI lacks upward momentum. Chris
Double top on the 1 hour. Along with hitting major resistance on the 4 hour channel. Overbought on the stochastics. A possible short entry could be successful. Chris
Still in an uptrend indicated by the MACD on the left-4 hour chart. We now see the stochastic oversold. The 1 hour confirms an inside candle formation and a nice 2-1 risk reward set up. Although 1.7300, could act as resistance. Good trading. Chris
The 4 hour offers to opportunity to await a swing low, on the stochastic, the MACD confirms a continuation of the trend. On the right the 1 hour shows an inside candle formation, which is bullish. The resistance area of 91.60 gives us our target. Chris
Gold seems to have fallen to it's limit, for now anyway. Notice the positive divergence on the MACD, if it breaks above the trend line, and above 1790, then it should head for 1800. Only 10 pips, but when we have leverage of 500:1, it's great profits. NFP Role today, so we may see not much happening. Chris
We could see a reversal here, or at least a pull back up to .8440, albeit very slow markets due to NFP role tomorrow. Chris
The USD/CHF now has a buy signal, and all our conditions have been satisfied. A nice 2-1 risk reward, which is our minimum requirement as well.
I adjusted the target to 1812.76, hit this morning. Congratulations to all students who bought this and held over the Christmas period. A massive profit! Another great trade on GOLD. Chris
Divergence is the most powerful leading tool we have. Negative divergence, look out for a sell signal shortly. Chris