Personally, seeing those continuous pin bars on USDJPY on the weekly TF is not favourable to trade swings. Hence, I will be on the lookout on the smaller TF to look for momentum and hop on trades depending on smaller TF confluences. In depth analysis is mentioned on the chart itself.
XAUUSD gave a nice hold after breaking the lows. Price has reached sell entry by a return to OB. Targets could be trailed after 3r up to 11r by closing partially. TP1 at: 1915.27
AU swiftly broke the highs made in Asian session and returned for an entry to the upside during London. Like GU, strong momentum could be seen to get in and out of trades for session trading.
1.Price taps a Low zone 2. Sweeps liquidity from the previous day 3. Gives a clean SB 4. Return to OB 5. Meets targets
Meanwhile, EU gave a nice entry earlier on. TP2 has been met at yesterdays highs of New York. Let’s see if it can advance to tp 3, set at the highs of the previous London session.
GU finally managed to break an area of resistance and has held this London session, gonna look for a trade to the upside in the area as marked if it makes a slower descend towards my area of interest.
Trade taken w 2 TPs as shown. Asia highs were broken, looking for price to pump. if it goes down to hit the SL, buys will be considered from yesterday's lows
GBPAUD is at a point of reversal and may continue with the uptrend. Profits can be taken at key levels along the way
looking for short term buys and long term sells. perhaps will update accordingly as the week passes
hey traders. just did a video on how EU went last week and some setups that came into play.
hey guys! it's been awhile but last week there were some great and rewarding setups on gbpusd as recorded in this video. I am sorry if the audio is a lil muffled as my mic has been weird but I hope you can hear the video nonetheless and watch the great setup unfold from coming into area of interest and then take play ! leave any questions down below. In the...
Price on a weekly has made a LL first as seen in point 2 then a HH as seen in point 3. In patterns, this points towards a potential formation of a HNS. Point 4 was good confirmation that a HNS will indeed come into play as it made a LL of point 2. The profit target of this HNS, beautifully coincides with the 50% retracement of the rally from March 20' to May 20'
This setup may not play out this week and could perhaps come into play next week. Looking to sell USDCAD on the retracement to the fib level of 38.
Im eyeing to take this euro trade if EUR does a pullback. perhaps during the US news later
NZDUSD has pushed thru and made a low signalling a sell setup with 2 tps.
In this video I talked about 4 setups I took last week and when i got into and out of these trades. Still trying to overcome my issue of holding trades as a result of self-doubt. As a swing trader, this has been my challenge that I have been trying to overcome and I hope to triumph in due time!
Eyeing this AUDUSD buy on market open. Overall I am bearish on this pair that is supported with fundamentals but I am hoping to catch this little rally to the upside if it happens.
Entered a short on USDCAD. This is a swing trade where I'll be taking profits along the way and moving the trade to BE once LL AND LH are formed. Do note FOMC is on Thursday 2am Singapore time so there might be some consolidation or manipulation prior to that so do trade safe to protect your positions and capital.