lasglowfx

lasglowfx Updated 

Good afternoon traders. AUDUSD come to our focus today. Looking at the chart provided we can see that we’ve made a decline from 0,70300 down into 0.68500. We know from a higher TF perspective that we have been trending up nicely. Gathering the data from CMP we can see that the support structure has held nicely. What I foresee is a push back up into the highs...

lasglowfx

GBPJPY Another setup on the radar! We can see that the chart displayed shows similar confluence as that of GU. We need to apply ourselves and consider global sentiment when it comes to GJ. The perspective of this is that when GJ drops it suggest to me that gold will rise and tariffs will be issued come Sunday, though a story for another day. To keep it simple we...

lasglowfx

GBPUSD Good morning traders and aren’t we spoilt for choice. It’s been a while since we’ve been in this situation. I want to get straight into it and with recent news suggesting that the UK election is tighter then expected we now have a fresh signal of sellers in the market. The chart presented is a 4H TF and we can see that we’ve pushed up “for no reason” we...

lasglowfx

Good afternoon traders! GBPAUD smacked a lot of people last week with Brexit news suggesting that the Conservative party is well in the lead heading into the December election. It’s trading and a setup can present itself with all rules and confluences and still not work. If you can’t accept that then trading is not for you! So grasping the monthly closure and to...

lasglowfx

Good morning traders As I sit at my desk this morning looking at my pairs I trade I’ve realized the need of “sitting on your hands” For me gold has been a very good example of this. Providing you with a 4H chart we can see that price made 3 drives into the low around 1450.00 . There has been multiple spikes based on trade developments that has just caused the...

lasglowfx

Good morning traders! It’s bright and early and it’s been a while since I’ve written up a article for the telegram. I’ve been working hard on my skill set behind the scenes to improve the content I’m sending out. Back to the task at hand GBPAUD. I’ve been looking at the chart we can see that the pound has been on a strong uptrend due to Brexit uncertainty clearing...

lasglowfx

EURGBP as clear as daylight. Price has formed a Head and Shoulders play from a massive ress @0.89500 . I expect price to float around this region before we decline later in the eek as the pound seems to be lining up for a bull run. For more updates you can follow my telegram @Blvk_forex On Instagram @Las_Glow . Cheers

lasglowfx

Hey Everyone Displayed is a H4 gold chart. breaking it down from a daily perspective. Price printed a bullish engulfing candle and I believe we are in for a move to the upside. Currently price sits on my H4 support area at 1293.00 < a break and close above this would favour my analysis to the upside. My perfect take profit area for this setup would be around that...