thebasiqtrader

thebasiqtrader

Hello traders. This is my setup for GU today. I'm looking to take longs to an hour supply I had marked earlier this week. Let's see how it goes. Danko

thebasiqtrader Updated 

Hello traders, this is my analysis on GU. I am looking to look for longs at a 5m demand level. Stops will be just at the daily low and I will be targeting the 1h supply levels and fvg that formed on Friday. We will see how it goes. Danko!

thebasiqtrader Updated 

Hello traders. This is my analysis on Cable today. I'm looking to go long until the first supply level. You can put your stops at 1.26637 if you want just to leave room for the market to breathe. Keep in mind that this setup is executed on the 5m timeframe. We will see how it plays out. Danko

thebasiqtrader Updated 

Hello traders. This is my current view on GU. I am looking for GU to test one of my 2 supply levels. I'm yet to see which one will be valid but for the time being I'm willing to go for a scalp to the upside targeting just the daily open. All my trades are taken on the 5m but TradingView does not support ideas being posted on the 5m, only 15m and upwards. We will...

thebasiqtrader Updated 

Hello traders. This is my current view on GU. I still feel there is strong buying power and I will be looking to buy at that level. I am aware that GU failed to break above the previous high and then started its rejection to the downside. With this position I will not be waiting for any rejection candlesticks before entering. My target will be at the current daily...

thebasiqtrader Updated 

Hello traders. This is my current view on GU. I'm looking to take a short on GU to the low at 1.2586. I am cautious of this position because market has not been making any lower lows when I look at the 15m so I will only enter once I see a clear rejection from my zone and put stops to BE when its clear. But we shall see how it goes. Danko

thebasiqtrader Updated 

Hello guys, this is my analysis on GU. I'm only looking to go short on GU. I see we have been in a consolidating market for a while now. My view is that GU might go up to take out Tokyo highs before ultimately shooting its way down to 1.2585. Always remember to wait for rejection candlesticks at your preferred zones before placing the trade. Danko

thebasiqtrader

Hello traders. This is my current view on GU, the trades are taken on the 5m tf, I'm looking to take shorts on GU but I do intend on taking a long position to the upside first. For most of my positions taken after market tested the daily open I tend to not have a fixed take profit instead I just trail stop them under every last lows/highs formed. The second...

thebasiqtrader

Hello traders. This is my trade idea on USDJPY. It is taken on the 5m timeframe and I may scalp it to 148.116 while another area I might take profits from is 148.298, third tp being at 148.605. The reason why I do not plan to hold this for a long time is because of the upcoming NFP news.

thebasiqtrader Updated 

Hello traders. This is my current view on EURUSD, I was looking for this pair to head to one of my 2 supply levels before London open, which failed. I'm still waiting to see if we can continue going up to test one of the 2 areas then that's when I will look for short positions. And remember that only after we see a clear rejection from these zones will we then...

thebasiqtrader Updated 

Hello traders. This is a quick position that I might take on GU, Then if it goes well I will secure 50%-80% of my position at the high (1.27678) and let it run to ~ 1.28300. Remember to always wait for a strong rejection from your supply and demand levels before entering a position. Danko

thebasiqtrader Updated 

Hello traders. This is my current view on Gold. Last week Wednesday Gold had some bearish pressure after what I saw as a retracement on the 4h tf. After that quick impulse to the downside, we then had a retracement that went on until Friday. A few areas that I considered as a possible rejection zone for that retracement was the 4h fvg and the 4h supply zone at...

thebasiqtrader Updated 

Hello traders. This is my current view on GU, yesterday we saw a big move on GU to the downside after it rejected the 30m supply level that was also marked on my previous analysis. I'm expecting price to tap into the 15m demand that is right above the minor consolidation the pair has had a while ago. You can aim for a 1:1.5, 1:2 or 1:3. Personally I do not always...

thebasiqtrader Updated 

Hello traders. This is my current view on GBPUSD. I trust in waiting for bearish signs before going for the position so I might wait until it plays out and then find an entry similar that of the second one so we will see how it goes. Danko!

thebasiqtrader Updated 

Hello traders. This is my analysis on Gols today, I am bearish on Gold this week. I did enter a long position this morning which resulted in a loss. This is what I think might happen if this 1h candle closes below the lows of this consolidation, my actual tp is around 1987.000 but I'm keeping in mind the probability of Gold tapping into the supply level that is at...

thebasiqtrader Updated 

Hello traders, this is my analysis on UJ, this coupled with my view on the dollar index where I am seeing it reaching the levels around 103.6/103.7 range. We did get a first impulsing move to the upside, keeping in mind that it does not cause any break of previous highs so UJ might still head down. After that impulse I am seeing a weak retracement towards the...

thebasiqtrader Updated 

Hello. This is my analysis on Gold this evening (evening this side), a 2-hour long consolidation phase after CPI caught my eye as I was looking at Gold and I anticipate it to retrace back into that range. I marked out the supply level that took out the lows of the consolidation, and that's where I will be looking to get involved in the market unless I find a...

thebasiqtrader Updated 

First trade I published on Trading View this year, happy new folks. Okay, so I'm looking to go long on GU until around 1.28 levels. I do anticipate GU to test demand level that is around 1.25492, so we will see on how that goes. For now I am going long until my previous demand is not respected.