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A Great Deal of Bearishness Expected on the GBPUSDFrom our analysis of this pair in the previous weeks, we saw a good amount of bearishness. With the close of last week, this pair witnessed a bullish reversal on the 1 hour and 4 hour timeframes, invalidating our bearish zones and PBs and going all the way into the north. Today, we are beginning to see another round of bearishness. On the 1-hour, the market has already reversed bearish with the breach of our bullish PB. We are setting up for a short trade position, and we will look to take it when we get the needed retracement.
Short
by PanzyPips
Is The Cable Going Bearish Again...?On the 1 hour, we have seen how the market has danced back and forth in the past few days. In our last analysis from yesterday, we noticed a strong threat by the bulls to invalidate our zone. The zone was finally invalidated and the bulls took over without giving us a chance to take the trade to the downside. Following the bullish shift, we witnessed the market stay bullish for a very short term as it again u-turned bearish with the invalidation of our 1 hour zone and PB. It would be safe to say that the seeming bullishness was nothing but the market aiming to make a deeper retracement on the 4 hour timeframe. THe 4 hour chart is still bearish and we expect prices to switch into the extension swing and stay so. With the 1 hour now aligning bearish with the 4 hour, we are confident the extension is here and that prices will ultimately begin to dip towards our liquidity target below. We will look to catch this bearish trade and milk the market as it moves towards our target.
Short
by PanzyPips
Are We Still Bearish on The EURUSD, Or Is It Time To Go Bullish?From our previous analysis of this pair, we have been able to keep track of a lot of the market and price movements. Analyzing the markets from a 1-hour perspective over the past few days, we have witnessed a lot of back and forths, though in all of those, the market found ways to take us to our targets at each of those instances before catapulting in several directions. So today, we will be looking at this pair from a 4-hour perspective. On the higher timeframes of the monthly, weekly, and daily, we find an agreement of direction, with all of these timeframes indicating that the market is currently bearish. On the 4-hour chart, we find the market is currently in a down trend, making 1 PB down. This week, we have seen the market plummet down to spike the 4-hour liquidity target, but without taking it out or closing below it. Instead, prices ran bullish after hitting the 1 hour timeframe liquidity target at the same level. Enough of the narrative. Now the analysis. From a 4-hour perspective, the price is currently in a bearish trend and is now on a bullish retracement. Price seems to be aiming for some higher level within the PB to get its reversal. When the reversal comes, we would expect prices to dip all the way to our 4-hour liquidity target below. That is the move necessary to complete the 4-hour swing and move us into the next bearish PB on the 4-hour. Upon
Short
by PanzyPips
EUR/USD will decrease significantly on November 2Fed keeps interest rates unchanged 📍 Recent indicators suggest that economic activity expanded at a strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. 📍 The extent of these effects remains uncertain. The Committee remains highly attentive to inflation risks. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent. 📍 The Committee will continue to assess additional information and its implications for monetary policy. In determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent over time, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments. In addition, the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, as described in its previously announced plans. The Committee is strongly committed to returning inflation to its 2 percent objective.
Short
by Chart_MasterPro
SIGNAL PROVIDERS: EXPERT ADVISORSAs the world of trading evolves and expands, new signal providers are popping up every day, promising to help traders identify potential market opportunities. However, there are many problems among legitimate providers from one of them: signal providers offer fraudulent Expert Advisors (EAs). These unscrupulous providers promise extraordinary returns and flawless trading systems, but in reality, they disappoint and lead to financial losses for unsuspecting rookie traders. In this post, we will examine the reality of EA fraud and give important tips on how to protect yourself in the trading industry. EA scams primarily target traders looking for automated trading solutions using EAs. 99% of the time these are traders who have been in the industry for no more than a year. Signal providers often use deceptive tactics to lure people into their schemes. The main signs of fraud can include: 1. Unrealistic promises: This is the biggest red flag. Signal providers make big claims of guaranteed profits or excessively high returns in a short period of time. Things get to the point of nonsense like 100% capital growth every week. But in reality, no trading system can do such results in a short period of time completely eliminating risk or ensuring error-free success. 2. Fabricated results: To attract inexperienced clients, scammers show fabricated evidence of high EA returns using fake data or false reviews. It is crucial to independently verify track records and performance data as our team has done. 3. Lack of transparency: Signal providers often lack transparency in their operations. They may withhold important information such as the strategy or methodology behind their EAs, making it impossible for traders to evaluate their performance. An EA may be behind a sliding line crossover. As a consequence, the EA gives signals when the market is in sideways movement, which is likely to lead to losses. Protecting against expert advisor scams: 1. Do your due diligence: Before signing up with any signal provider or purchasing an EA, conduct thorough research. Read reputable sources of user reviews and independent analysis to assess the reliability and performance of the provider. Since the reputation of the provider itself comes first. If the provider has a good reputation, they will not offer anything that is not of any use. 2. Check the track record: Request supporting documents from the signal provider or developer, such as statements from real trading accounts or third-party verification results like we do. Reliable providers should be transparent about their historical performance. 3. Be skeptical of unusual claims: Be cautious when encountering providers promising guaranteed profits or unusually high returns, this is always a red flag. Remember that trading always involves risk, and no system can completely eliminate it. 4. Test periods and money back guarantees: Choose signal or EA providers that offer trial periods or money back guarantees. Legitimate providers are confident in their services and allow traders to test them with minimal financial commitment. 5. Get professional advice: We have reviewed hundreds of signal providers and if you are unsure or inexperienced in evaluating signal providers or advisors, get advice from professional traders who will help and show you the right way. Conclusion: Although there are both genuine signal providers and effective advisors in the trading industry, traders must remain vigilant to protect themselves from EA scams. By conducting thorough research, checking history, using regulated platforms, being skeptical of unusual claims, using trial periods and money-back guarantees, and seeking professional advice, traders can reduce the risk of falling victim to scammers.
Education
by UnknownUnicorn15614419
2
A Bearish RollerCoaster ... 100 Pips in SightWe are witnessing a strong bearish momentum on this pair. From the Monthly to the 1 hour charts, all the timeframes are bearish. Comign through from yesterday's analysis of this pair, we see how prices have continued to melt towards our 4 hour and 1 hour timeframe targets. From yesterday, we see how the market gave is a nice dip that went to hit our liquidity target. We are seeing a retracement into the PB. We have marked out our zone in line with the Panzy Pips education strategy, and now we are waiting to see prices come into our zone, give us some good bearish reversal, afterwhich we will look to jump on the bearish rollercoaster as the market glides down towards the liquidity target below.
Short
by PanzyPips
Another Chance to Catch the TradeWe have been bearish on this pair since last week, when we started sharing our analysis actively. Yesterday, we caught the trade from the top and were able to watch it progress to where it stands currently. You missed the trade entry yesterday. That's ok. Because right now, you have a chance at joining the trend. With the market making a pullback into our PB and entering our zone, we have begun to see signs of a bearish reversal that should see prices melt towards our liquidity target below. We are setting up to catch another entry off this pair, and our setup is seen on the chart. Our trade entry is a SELl STOP and we are looking to get taken in when the market reverses. Looking to go the full length of what is left, our target remains the liquidity target below.
Short
by PanzyPips
8
A Bullish U-Turn in SightSo finally, we have come to the end of the 1-hour bearish trend that was based on the 4-hour bearish swing. Remember that our trading Bearish was a counter trade in light of the 1 hour. Even though we were stopped out on that trade, I am sure we have all learned a very important lesson: always listen to the trend and go in its direction. Recall that the 1-hour was screaming bullish while the 4-hour was bearish. The 1-hour chart definitely chose to hold strong and move the market in its direction. So let us now look at the market in the direction of the trend. On the 1-hour chart, we can see that the market has made three bullish swings. It is currently making 3 PBs to the top. On the 4-hour chart, the market is equally bullish, with 1 PB to the up side. On the daily, we still have the market in a bearish PB. The bullishness of the 1 hour and the 4-hour charts are likely to be retracements on the daily charts. Be that as it may, we will still expect the bullishness to hold sway and look for trading opportunities in that direction. We would expect the market to remain bullish until the daily zone. The zone is our refinement of our bearish PB. When the market gets there, we will be more attentive to see a reversal play out. We have established that the market is currently bullish on the 1 hour and 4 hour charts. So let's consider some trading opportunities. On the 1-hour chart, we have 3 PBs to the top side. We expect to see a bearish market pullback to give us an opportunity to get in on the LONG trade. The market is expected to retrace to our zone, as marked on the chart. From there, we would look to trade bullish using one of the trade entry methods taught at Panzy Pips Forex. There is also the likelihood of the market reversing without getting to our marked reversal zone. Where that happens, we will apply the rules taught by Panzy Pips to catching such trades, and we will look to catch that wave all the way up to the top. Long story short, we are out of this trade, and the trend is bullish on the 1-hour chart.
Long
by PanzyPips
EUR/USD : The world simultaneously decreased📌This weekend, the US Federal Reserve (Fed) and the Bank of England (BoE) are both expected to keep interest rates steady, so the focus will be on the message from policymakers. 📌US nonfarm payroll data later this week will also be important for the Fed's interest rate hike path. Wall Street economists expected 188,000 new jobs in the United States in October, according to a Reuters poll. ⚡️In the opposite direction, the Euro increased 0.5%, reaching 1.0615 USD. The British pound increased 0.4%, reaching 1.2164 USD.
Short
by Chart_MasterPro
EURGBP Swing Entry OpportunityEURGBP is not the most trending currency pair, but I do believe are some momentum plays. They're slow to form, like taking all of last week, but the trend change does spell some opportunities. There are two key points that signalled the reversal and hold. Price broke above a consolidation that I marked for a reversal change signal. Shortly after the neckline breakout, price formed another consolidation. Two weeks ago, price broke above that consolidation and halted shortly after the breakout. For the week ahead, I'm watching to see if momentum picks up. If I do see stronger bullish candles, this will be good consideration to scale into a long position.
Long
by FinancialGamblR
3
Potential Reversal Play on NZDJPYObserved a reversal and channel break on NZDJPY. It's a bit too early to tell at the moment given that I haven't seen anything structural over on the weekly timeframe. But, getting in early does help ensure a high R:R if this trend holds. Over the past two months, I've marked four points of interest: Price breaches previous high formed around mid-June of this year. After a quick pullback, price re-tests the high but fails to sustain. This is where we see the neckline breach as price closes below a prior support level. A range was formed mid-October and Friday's close was a good indication that I should be keeping a close eye on this pair for further downside action next week.
Short
by FinancialGamblR
DXY: Channel Down on the 1D timeframe.The U.S. Dollar Index is reversing at the top of October's Channel Down on a technical outlook that is about to turn neutral (RSI = 56.064, MACD = 0.260, ADX = 25.484). As long as the price stays inside the Channel Down, we are bearish, aiming at the 1.1 Fibonacci extension (TP = 105.225). If the price crosses over the top of the Channel Down, while the 1D MACD forms a Bullish Cross, we will buy, aiming at the R1 level (TP = 108.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:DXYShort
by InvestingScope
1
We are Still BearishAs promised, we are here with the 4-hour chart analysis. If you have been following our analysis for a while, it would be absolutely clear to you from our charts that we are in a 4-hour bearish swing. The harmet is heading for the daily liquidity target below. We are currently experiencing a bullish retracement on the 4-hour. This is necessary as the market never moves in a straight line. With 1 PB down, the 4-hour chart has retraced to gather momentum for the next dip towards the daily liquidity target. We have refined our PB to a zone. The zone is as marked out on the chart, We expect to see some bearish reversal at this point. Where that is the case, this pair is expected to resume it bearish run towards the daily liquidity target.
Short
by PanzyPips
EURUSD: Medium term buy opportunity.EURUSD was rejected on the 1D MA50 and turned into a sell that hit our target and the bottom of the Channel Up. Now that 1D is neutral again technically (RSI = 48.387, MACD = -0.002, ADX = 24.654) and the 4H MACD formed a new Bullish Cross (every Channel Up bottom has been formed on one) we can buy again and aim for another +1.85% rise (TP = 1.07150). A crossing over the R1 level (1.07375) would be bullish on the long term and target the 1D MA200. See how well our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
Bulls now in ControlThe 1 hour chart has maintained its bullish momentum fron yesterday. It has gone ahead to clear out the 4 hour zone and breach the 4 hour Bearish PB. Trend is now Bullish on the 1 hour and 4 hour timeframes, and this brings them in sync with the direction of the Daily chart timeframe With our new Bullish PB in place on the 1 hour chart, we have marked out our zone for expected Bullish reversal. We will be looking to take trades when the market returns to the zone, using one of the methods taught on the Panzy Pips course
Long
by PanzyPips
Bullish and Bearish... Which way to Trade?The pair is Bullish on the 1 hour. With the breach of our zone and PB of the 1 hour timeframe from yesyerday, as is clear that the 1 hour chart has reversed from a bearish perspective to a completely Bullish one. The only trouble here is the on the larget timeframe of the 4 hour and above, the market is still bearish as the Bearish PBs are still in place. It would therefore be more comfortable to consider the 1 hour bullish impulse as a retracement on the larget timeframe. Be that as it may, because we are looking to trade the 1 hour chart, though in the direction of the higher timeframes, we will narrow our attention to just the 1 hour for now and monentarily forget about what the larger timeframes are saying. We will be looking to see prices retrace Bearish into our PB and the marked zone. When market reaches our zone, we will use the Panzy Pips formula to confirm a Bullish reversal, following which we will apply one of the Panzy Pips trade entry methods to take our trade.
Long
by PanzyPips
Q3 Sell Off Bias Breakdown Part 2 Hello, in this analysis, I saw the potential for this sell-off around August 8th. I just never posted it, but I was chatting with AI to see how many months, days, weeks, or years equaled how many candles. So, I picked the 91-day timeframe because I will normally be on the right side of the trend most of the time, as that is higher than the monthly, weekly, daily, etc. in terms of higher timeframe bias. More advanced break down PART 1 LINK:
FX:NAS100Short
by Jblavishfx
SHORT is the Way to GoThis pair has witnessed a continued melt in prices. It is bearish across several timeframes. With the last swing just completed, we are looking forward to our next trade. In which direction are we looking to trade? Did i hear you correctly? Did you say BEARISH? Hell yes. BEARISH IT IS...! We are holding on to the bearish perspective as shown to us by the markets. We will wait for the market to come into our PB, and from there, using one of the various Panzy Pips trade entry methods, we will take our trade all the way down to the liquidity target of the 1-hour timeframe.
Short
by PanzyPips
NZDJPY - Following The Trend ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Daily: Left Chart NZDJPY has been overall bullish trading inside that big wedge pattern; and it is currently retesting the lower bound / orange trendline. on H1: Right Chart For the bulls to take over, and activate our buy setup, we need a break above the last high in gray. Meanwhile, NZDJPY would be bearish and can still trade lower, especially if the 87.0 daily low is broken downward. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
2