stfxacademy101

stfxacademy101

Hello Everyone, First I would like to say Happy Thanksgiving to you all and make sure that you remind your love ones today how thankful you are for them. Now, taking a look at USDCHF you can see in the weekly time frame that the overall market is ranging. When you take a look at the 4 hour time frame you see a morning star pattern that breaks the trend & now today...

stfxacademy101

Hello Everyone, this is my view on usdjpy. If you look at my resent post for usdjpy I predicted a possible reversal too early. Now when you look at this updated chart you can see more of a clear example of how to predict the market by using the Fibonacci tool, support & resistance & indicators. Make sure to like, comment & share your thoughts if this brings you...

stfxacademy101

Hello Everyone, this is my view on usdjpy. As you can see in the chart above the market created a downward impulse move last week. Now, looking at the 4 hour chart you see a breakout & then is followed up with an engulfing bar which indicates the beginning of the next impulse move. Also, if you look at the higher time frames you can identify that the market is in...

stfxacademy101

Hello Traders, this is my view on usdchf. As you can see in the chart above the sellers are losing strength. The reason is because the professional traders have taken profit at the previous low of the trend. Now, when you look at the 4 hour chart the market shows a morning star pattern which indicates that the market is likely to reverse at these levels. Make sure...

stfxacademy101

Hello Traders, as you can see in the chart above the market is moving horizontally which means the market is currently ranging. When the market is ranging the best buying opportunities occur at the support level. Analyzing the 4 hour chart you can see that the market is rejecting from the support level which can indicate that the buyers are taking control. Best of...

stfxacademy101

Hello Traders, as you can see in the chart above the overall market is downtrending. Now, when you look at the daily chart you can see that the market is creating Higher Lows & Higher Highs which indicates that the market is trending. The main signal that the market gives us is the daily bullish engulfing bar that tells us the sellers are losing strength & the...

stfxacademy101

Hello Traders, this is my view on GBPUSD . In the chart above the market is currently creating Higher Lows & Higher Highs. Now, the market has created a tweezer bottom pattern on the 4 hour chart. When a tweezer bottom occurs then the market is telling you that a bullish reversal is likely to happen. Trading candlestick patters can help you understand the market...

stfxacademy101

Hello Traders, here is an example of a 4 hour trending market. When the market creates Higher Highs & Higher Lows than you can expect the trend to continue. The Fib Retracement tool will help you identify when to enter the market with the lowest risk. According to statistics trends are estimated to occur 30% of the time.

stfxacademy101

Hello Everyone, this is my view on USDCHF. In the chart above you can see that the market has created a lower low on the 4 hour chart. Today the market gives us a 4 hour doji candle in the 61.8% & 50% zone. What does a doji candle represent? A doji candle represents that the market is likely to reverse & the candle indicates which way. The month is coming to an...

stfxacademy101

Hello Everyone this is my view on USDCAD. As you can see in the chart above that the market is rejecting from demand zone / resistance. Like, Comment & Share your Thoughts.

stfxacademy101

Hello everyone, this is my view on GBPJPY. Check out my pervious post earlier this week. Basically GBPJPY is consolidating and the market language gave us a 4hour Harami pattern which indicates the market is consolidating and helps you get in trend.

stfxacademy101

Hello Traders this is my view on GBPUSD. As you can see in the chart that the overall trend is bearish. The market is forming the top of the impulse wave. Now we will patiently wait to short the market. Best of luck to you all!

stfxacademy101

Hello Traders this is my view on XAUUSD Gold is in an overall downtrend so we look for opportunities to short the market. Here is an example on how I place my day trades during the New York Session.

stfxacademy101

My view on GBPJPY As you can see in the chart above the overall market is trending and now is consolidating on the 4H chart. Now, the market shows a harami pattern on the 4H chart. Harami Pattern - Occurs when the market is consolidating and helps you get in trend.