USDCADBeing a retail trader isn't so bad as long as we can utilise all of the tools in our belt correctly.
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Chart break down on USDCADIdentifying price action and support and resistance to break down charts and their future moves.
GBPAUD - Full Analysis BreakdownWelcome traders to a free analysis breakdown.
Today I am highlighting possible trades on GBPAUD, if you any questions on the pair let me know in the comment section below.
I will be looking to take a trade on the pair if our trading rules are met over the next few days.
I would suggest keeping this pair in your watchlist to see if your own rules are met. If you take a trade from the analysis in the video leave a comment in the section below.
If you enjoyed the free analysis break down please like and follow the channel, this will support the creation of more free education.
Once the pair has met one of valid rules for entry I will be sharing the trade with the Alpha community.
Feel free to comment below a topic you would like me to cover in the up and coming videos.
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USDCHF - Trade Breakdown & Forecast USDSCHF - Trade breakdown and forecast.
A trade set up was sent out yesterday to the Alpha community for this short on the pair. We were looking for a break of structure to the downside to trigger us in the trade. Yesterday afternoon price impulsively moved to the downside breaking structure as expected.
We will be looking to scale into the pair today once we get bearish trade confirmations. Many of you may already be in the second trade as price wicked this morning to our fib reversal zone, this would of been an ideal selling opportunity.
If you have found this video insightful and helpful be sure to let us know in the comment section below. We are grateful for everyone's support.
If anyone requires more information on the Alpha Trading Group Mentorship Programme then leave a comment below, one of our team will contact you.
USDJPY - Last weeks trade BreakdownI have broken down the short trade we took last week, I have also provided an updated forecast on the pair. The movement on the pair will heavily depend on the strength/weakness of the USD.
The corrective structure we are looking at on the pair as it breaks the high is typically bearish, as we tend to see price breakout to a level of support before we see a major move in direction. The pair has both upside and downside at the moment this is why we need to remain neutral and take long or short trades on a break of structure.
With the DXY pushing above the 100% region and looking short. We can expect USD to take a hit across the board.
