Tue 31st Dec 2024 GBP/JPY Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Sell. Enjoy the day all. Cheers. Jim
Forextrading
GBP/USD Short, EUR/GBP Short and NZD/USD ShortGBP/USD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/GBP Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
NZD/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Mon 30th Dec 2024 AUD/NZD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/NZD Sell. Enjoy the day all. Cheers. Jim
GBPUSDHello Traders! 👋
What are your thoughts on GBPUSD?
The GBP/USD pair is currently trading below a key resistance area. It is anticipated that after a corrective move to the specified resistance zone, the price may reverse and enter a bearish phase.
Don’t forget to like and share your thoughts in the comments! ❤️
EURUSD: 4H MA50 crossing signals new rally.EURUSD is remains bearish on its 1D technical outlook (RSI = 41.523, MACD = -0.006, ADX = 15.575) but today it crossed and closed a 4H candle over the 4H MA50 for the first time since December 10th. Along with that, it crossed above the LH trend-line, thus technically invalidating the short term bearish trend. Given the recent December 18th double bottom on the S1 Zone, the pattern that prevails is a Rectangle, thus today's breakout is technically targeting the patterns top. Consequently our target is near the R1 Zone (TP = 1.0600).
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XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Gold, after a significant drop last week, has shown a reaction near the support zone and entered a corrective phase. This upward correction is expected to continue until the price reaches the specified resistance zone.
Based on the market structure, it is anticipated that after completing the correction, the price will likely reverse from the resistance zone and decline towards the identified support level.
Don’t forget to like and share your thoughts in the comments! ❤️
AUD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Fri 27th Dec 2024 USD/SGD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/SGD Sell. Enjoy the day all. Cheers. Jim
Thu 26th Dec 2024 USD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/CAD Sell. Enjoy the day all. Cheers. Jim
EUR/USD Break-and-Retest: Next Stop 0.97?Weekly Timeframe:
Clear downtrend with a rejection at the 50 MA and a break below key support. Next target lies around 0.97-0.98, a major demand zone.
Daily Timeframe:
Confirms the bearish bias with a retest of the broken support, now acting as resistance. Price remains below the 50 MA, signaling continued downside.
Correlation:
Both timeframes align in a bearish trend. Weekly sets the direction, while daily refines entry opportunities with break-and-retest setups.
AUD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
XAUUSD Hello traders and investor
What are your thoughts on gold?
Gold. After a significant drop last week
Has shown a reaction near the support
Zone and entered a corrective phase this
Upward correction is expected to
Continue until the price reaches the
Specified resistance zone,
Based on the market structure. It is
Anticipated that after completing the
Correction the price will likely reverse
From the resistance zone and decline
Towards the identified support level.
❤️
AUD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/JPY Short and GBP/AUD ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/AUD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
Fri 20th Dec 2024 GBP/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CHF Sell. Enjoy the day all. Cheers. Jim
USD/JPY Delivers Exactly as Predicted—Next Stop: 161.92?Daily Context:
The daily timeframe continues to respect the bullish structure, with strong upward momentum intact. We’ve successfully broken the last high, achieving the medium-term target of 156.74. My long-term target of 161.92 remains firmly in place, aligning perfectly with the broader trend.
4H Perspective:
The market played out exactly as we talked about in the last analysis. After the accumulation phase, the breakout was clean, and the price delivered a strong markup, reaching 156.74. This perfectly confirms the bullish shift we anticipated following the distribution phase and validates the daily demand zone as a solid foundation for upward movement.
Updated Trade Plan:
Now that 156.74 has been achieved, I’ll monitor for a potential pullback into the 155.50–156.00 zone for a continuation setup.
If the bullish structure holds, the next target remains 161.92, which aligns with the higher timeframe trend.
💡 Key Takeaway:
Patience and structure-based trading paid off here—once again, the market delivered exactly as expected. The most important thing is to trade markets with clear context and solid setups. Stay focused, and let the market come to you!
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
After yesterday's significant drop, gold is currently in a corrective phase. This correction is expected to continue with some consolidation in the current range. Once the correction is complete, gold is likely to resume its downward movement toward the identified targets
Don’t forget to like and share your thoughts in the comments! ❤️
XAU/USD - Gold Long trades"After yesterday's sharp decline in XAUUSD, the market is showing signs of stabilization, creating potential opportunities for long trades. Key support levels have held firm, suggesting bullish momentum could resume as buyers step in. We must closely monitor price action for confirmation, targeting a potential recovery towards key resistance zones. As always, proper risk management is essential. Let's see how this plays out!"
The bullish side breakout of 200 EMA in the 15-minute and 5-minute charts can be a good sign of a market uptrend.
Entry 1st zone - 2630-2640
Entry 2nd zone - 2673-2683
Entry 3rd zone - 2726-2736
EURUSD: Best opportunity to buy for the long term.EURUSD is bearish on its 1D technical outlook (RSI = 40.973, MACD = -0.005, ADX = 14.482) but almost still oversold on 1W (RSI = 35.674). This is because after the November 18th 1W candle bottom on the LL trendline of the 2 year Channel Down, it has completed 2 red weeks in a row. Still, having rebounded on oversold 1W RSI territory, those low levels present an excellent buy opportunity for those who missed the bottom. Every bounce on the Channel Down bottom has made at least a +5.42% rally, and that is what we're aiming for (TP = 1.0900). This may coincide with a 1W MA200 test.
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CAD/CHF (Trade Recap) and EUR/AUD ShortEUR/AUD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
CAD/CHF (Trade Recap), AUD/JPY Short, NZD/JPY Short and EUR/JPYAUD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short
Minimum entry requirements:
• If tight 15 min continuation forms, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/JPY Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EURUSD Potential for up trend continuationEUR/USD rebounded from a support level, influenced by impactful news surrounding the Euro. The market remains in a consolidation phase as the year-end approaches, likely staying within last week’s trading range. A rejection signal at the support level and the downward trendline could indicate potential upward movement, suggesting oscillation within the consolidation zone’s highs and lows. The recent breakout from a falling wedge pattern points to a possible rise. The target resistance zone for this movement is around 1.05620
GBP/AUD Short, CAD/CHF Long, NZD/JPY Short and EUR/JPY ShortGBP/AUD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
CAD/CHF Long
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.