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Forex-analysis

I bet you are selling here right? EURUSDWe no longer use technical analysis in our trades, this is shown as an example. If this analysis is proven correct and the sell off occurs from here, then we will get a sell signal confirmed with our strategy - therefore we have no need to spend time analysing and plotting on our charts. Currently however, we have our strategy aligned in a buy position that is already running nicely blue. If you aren't in this trade, sit on your hands now and wait for the market to show its hand, lets look for a break out to the upside or rejection from here. The initial rejection already fooled some traders (shown by the wick of the candle) and shown below on LTF. We just trust and follow our strategy which is supported by our back testing data. Regards Darren
Long
by pow_removetheguesswork
1
USDZAR Waiting on Monthly Structure (Yearly Bearish Sentiment)Please support this idea with LIKE if you find it useful... USDZAR MONTHLY FX:USDZAR Huge Bearish divergence in the monthly time frame. Previous month closed as a sell signal hence we expecting huge sells this month.. Our initial 1st Target has been hit with patience we moving on to the next target 16.33390. Price line in monthly has crossed below volatility bands indicating a change in trend and we expecting a further cross of the Priceline and blood which will confirm strong Bearish presence in markets. If this cross happens long term Target will be Priceline touching Liquid 50 and also price coming back to the open of the year . WEEKLY Priceline is currently crossing below liquid 50. A perfect indication that sells are coming into markets . Patience it’s still too early. We are still within the first week of the month which is term as the open. DAILY Current daily Candle looks like a sell signal. Also Priceline appears it wants to cross back below bloodline. Waiting on Daily Close. For perfect sells kindly wait for OHLC in H4 . Also remember it’s the first week of the month of June .. trade with caution .. * Waiting to determine Monthly Structure * Yearly Structure is still OHLC (Sells) PATIENCE
Short
by PeanutButter
7
GBPAUD - All targets hit +300 pips - and its still going!For more information on our strategy please view our 'Scripts' page on our Trading view profile. Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair. We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR. There are infinite ways to manage your trades to suit your mindset and time. Works on all instruments Directly onto your own personal trading view - all devices work Non repainting Please follow us to keep up to speed with our trading ideas, live streams (coming soon) and weekly recaps using our strategy. We are continually marking some tweaks and marginal gain improvements to continue to make this easier for our trades and even more profitable. All updates are given to our members and previous purchasers FOC . Regards Darren Blue FX
Short
by pow_removetheguesswork
DAX - All targets hit over 300 pips For more information on our strategy please view our 'Scripts' page on our Trading view profile. Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair. We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR. There are infinite ways to manage your trades to suit your mindset and time. Works on all instruments Directly onto your own personal trading view - all devices work Non repainting Please follow us to keep up to speed with our trading ideas, live streams (coming soon) and weekly recaps using our strategy. We are continually marking some tweaks and marginal gain improvements to continue to make this easier for our trades and even more profitable. All updates are given to our members and previous purchasers FOC . Regards Darren Blue FX
DShort
by pow_removetheguesswork
1
EURCAD bullish bounce - possible BUYEURCAD is bouncing for a third time from liquidity pool at 0.50fib and confluence level supported by daily 100ema. Starting this week we have risk off tone benefiting safe havens more than risk and commodity currencies. 1.51 area is great support and order block. Nopthing changed much fundamentally, and EUR is still much vulnerable, but money flows tend to support falling currencies inside indecisive sideways market. This pair is interesting since it moves rapidly and has huge volatility moving on average 200 pips approx by daily measure. We still need to confirm bull breakout on 1h and higher timeframes which means this move is NOT CONFIRMED YET! But this gives us an edge over then market knowing sentiment is supporting possible retracement from last selloff. Therefore we can prepare our entries and wait perfect moment to enter. PATTERNS Looking from 4h lows we have double bottom pattern with 4h bullish engulfing candle pattern. On 1h we have hammer candle+ breakout of last swing high and new higher high. POSSIBILITIES: More than 100 pips are on the table for bulls to get decent retracement towards the nearest major swing point (1.53 area of liquidity) where profit taking might occur along with new sell entries. Until then I think it's good r/r to enter the market with low/medium risk.
Long
by fxmonarchy
3
SPX500/H4I didn't take this trade but My analysis seems to be spot on I predicted for the price to match up and with price in the past and clear the imbalance and bounce off resistance and go for the sell down if the price continues to sell down to support then I'll catch the buy or try to place an position in the current sell down. But I will rather be patient and catch a long-term position. If my analysis is not correct it will test the resistance a 3rd time and then follow with a countertrend going up for a buy. ALL FEEDBACK IS APPRECIATED. PLEASE COMMENT IDEAS & QUESTIONS/ ANSWERS :)
OANDA:SPX500USD
by backtestwithshay