the5erstrading

03:28

the5erstrading

Price is following the path we thought it would. We see a weaken dollar against other currencies. We will be looking for buying opportunities as the week develops.

the5erstrading

EURUSD 0.33% – As we can see, the EURUSD 0.33% created a great new supply on Friday, this supply is fresh and seems to hold unfiled orders, if the price will back to this supply before Creating A new low, I’ll sell there as a continuation trade, my target will be the support zone below. for those who want to take it further, the next target is 1.0950.

the5erstrading

This opportunity is relevant for swingers and long terms forex traders. The USDCHF 0.06% is bullish at the moment and it seems he is gonna stay bullish until reaching his final destination at 1.0200, below us there is a great demand level which is a continuation level of buy position, I'll buy at this level, if the price will break this demand, it indicates the...

the5erstrading

For the swingers forex traders among us, I marked the next key levels for sell position opportunity.  The USDJPY 0.30% is bearish at the moment and it seems price gonna stay bearish until he will reach the support zone at the bottom. above there is a great supply for sell position as a Continuation trade, if the price will reach that level I'll sell there, my...

the5erstrading

NZDUSD -0.27% – In the hourly chart NZDUSD -0.27% looks bullish and still have a more way to go up, At least until the resistance above which I choose as a target, the demand below is a great Continuation level and if the price will return that demand I’ll buy there.

the5erstrading

The SPX500 0.42% has created a fresh new supply at the beginning of the recent drop. This supply seems like a strong one, the price drop down from there very fast which Indicates more sell orders that waiting there. I'll wait for the price to return that supply And I'll sell there, my target will be the support zone below, and for those who want to try and Take it...

the5erstrading

For the swingers among us, it seems that the momentum for USDJPY 0.25% changed to bearish . After a long rally, the price now succeed to create lower low and lower high which indicates On bearish momentum, therefore I'll prefer to look for sell position, the supply above is a Great one for sell position, if the price will reach that supply I'll sell there, my...

the5erstrading

GBPNZD 0.06% – On the weekly chart, we can see that GBPNZD 0.06% need more 50 pips to hit a very strong Supply, this supply has created in June 2016 and still valid, it is the first time the price back to this level Since he drops from there. I’ll sell at this supply soon, my first target will be the demand below and the Final target is the demand at the bottom.

the5erstrading

AUDUSD 0.04% – On the hourly chart, we can see the AUDUSD 0.04% is after a long bearish momentum, usually After momentum like this I’ll prefer to wait for a reversal signal. If the price will break out the resistance Above it indicates the price tends to reach the supply above, in that case, I’ll look for P”A setup for buy Position, my target will be the supply...

the5erstrading

USDCHF – As we can see, on the hourly chart, the USDCHF is after a great rally and just arrive in the Resistance zone that we can see on the 4H chart, I’m waiting for a reversal signal and if the price will break out the support below it’s a good signal for changing momentum, in that case, I’ll look for P”A Setup for sell position, my first target will be the...

the5erstrading

For me, those are the next levels to open position on USDCAD. The demand below is a great continuation level of buy position, I'll buy at this demand only if the Price Still didn't reach the supply above, the target for this position will be the supply above, which is a great Supply of sell position, if the price hit that supply, I'll sell there, the target for...

the5erstrading

The GOLD has created a fresh new demand yesterday, this demand seems like a great continuation Level of buy position, the price jump from that level very strong and fast which indicate there are many Orders still waiting in that level. If the price will return to that demand I'll buy there.

the5erstrading

For the long terms, GBPJPY seems like just recently changed his momentum to bearish. There is a high probability that the price on his way to reach the demand below, I'm waiting for the price At the supply above to sell and join him on his way until the demand below, I hope the price will return To that supply before continuing the way down, the demand below is...

the5erstrading

EURUSD is bearish at the moment, The key levels I marked on the chart are great levels for day trade position, on the low time frame the Demand below seems like a great Quasimodo level of buy position, if the price reach that demand I'll Buy there, The supply above is a great level of sell position, I'll sell at this supply.

the5erstrading

EURUSD has created a new fresh supply. Since the price drop fast from that supply above, there are many unfilled orders that waiting for the price To Return. those orders will be executed if the price hit that supply, therefore if the price hit that supply I'll sell there, it's a great level daytrade sell position.

the5erstrading

For the long terms, the SPX500 has reached a new record recently, As always, after a long rally, I'll prefer to look for sell position, I believe in the simple logic of sell high And buy low, and the SPX500 is definitely in a high level now, if the price will breakout the confirmation zone below it indicates the price has changed the long-term momentum from...

the5erstrading

Last Friday, the GBPUSD has a drop of almost 200 pips, that drop created 2 new fresh supply level in The middle of the way. Both levels are great levels of sell position as a day trade position, I'll sell at the supply above, and if the Price brake this one, I'll sell again at the one at the top. Also, this recent drop has changed the long-term Momentum to...

the5erstrading

The GOLD is digging now for the 3 times in the resistance zone above. If the price will break out the resistance zone above, it can create a great long-term opportunity for buy Position, if that breakout will come true, I'll look for P"A setup of buy position, my target will be the supply at the top, which is a great supply for sell position.