FREE TRADE..... again.We can see that price has respected this lovely trendline TL many times before, and we are expecting price to continue doing this... So we are going long on this position with a possible very good risk to reward target.
Get on this trade and thank us later... mines a vodka and redbull :p
Freemoney
200 pip FREE TRADEWe are looking for a possible retest and bounce of key support before we jump in this trade, if we do get the bounce then we could see a possible bullish rally of around 200 pips.
But you must wait for the retest and bounce because if price does break this strong level then it could sink.... so just be patient ;p
SHORTBREAD... who doesnt love biscuits ;p Price hit resistance at the top and is now following a lovely trend line, we expect price to follow our TL down into our green zone which has previously been used as a key support and resistance area, so this is where our TP will be placed.
This trade will give us 100+ pips, but if you take this trade please remember to use correct risk management.
So go SHORT and get that BREAD ;p
YOUR A FOOLWe have a lovely support/ resistance level that has been respected many times ( orange arrows ) and also a lovely trend line ( TL ) that also has been respected many times, price is currently at both of these levels and when you add in the current weakness of the USD this makes this trade setup a triple threat, so we can only see further upside movement.
If you overlook a strong setup like this then your a fool ;p We will let you buy us a drink after this trade has done ;p
WIPE YOUR OWN AR@EI'm going to stop wiping your ar@e on this chart analysis because I can :p
I will give you this chart and if you cant tell what way price is going to go then take yourself back to the stone age and go out hunting for your prey with a big wooden bat or stand around scratching your balls because you cant figure out how I am so good when I don't use chart indicators ;p
Anyway I'm going to leave you this with you so you can scratch your head ( or balls ) as my tea is nearly done..... STEAK BABY hahaha.
post your comments or predictions below.
How many laptops have you SMASHED???Orange = support
Purple = resistance
It is crazy how well this pairing respects strong support and resistance levels, if you are a beginner then defiantly stud this pairing and GBP CAD as they show more respect to these levels than any other pairing.
Now we set some orders at both these levels and price has just touched our sell order so we are now live and will keep you updated on how this trade plays out, Obviously we are expecting the bounce off resistance and a downside movement but if price does break resistance then we have a tight SL in place to avoid any big losses.
If you cant take a loss in trading then this game really isn't for you, how you control your losses is key, revenge/angry trading never works so trading straight after a loss to try recoup some of your losses... don't do it ( I'm speaking from experience, I've lost count of how many laptops I have lost to angry trading in my early years... and by lost I mean smashed ;p ) But as I got older and wiser I began to realise I had to replace these so I wasn't just loosing the money on the trade, I also had to folk out for a new laptop... damn I had some expensive trades haha.
Now if I hit a loss it really doesn't bother me as I use correct risk management and with correct risk management you will always beat the market in the end.
Government are puppet masters.Here we have 2 supply/resistance zones ( red and green box ) price has recently respected our green zone as resistance and is making a bearish run, We think that price can reach our support zone ( red box ) although if you are trading just remember to use correct risk management as GBP can be very volatile surrounding Brexit.
BREXIT....... The conn to make people think they had a say weather we left the EU or not when really they chose the outcome before they even " gave the people the choice "
The politicians didn't get the outcome from the vote they wanted and this is why they are pushing for a 2nd vote the rats! Its all corrupt to make the people think we are in control when really the people are puppets been controlled by the puppet masters ( government )
F#'k YOU... i mean 4Q ;p Purple arrows = resistance
Orange arrows = support
You can see where price has been respecting our zone as support and resistance... its that's time again, price is currently in our zone so we are expecting a bounce and some movement to the upside to end the week with a strong push... Lets make that money for a Saturday night out on the town ;p CHAMPAGNE ANYONE? haha
This trade....LONG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
CHAMPAGNE ANYONE?Purple arrows = resistance
Orange arrows = support
You can see where price has been respecting our zone as support and resistance... its that's time again, price is currently in our zone so we are expecting a bounce and some movement to the upside to end the week with a strong push... Lets make that money for a Saturday night out on the town ;p CHAMPAGNE ANYONE? haha
RECESSION IS COMINGIf price can break this support zone and trend line then we could see further big movement to the downside, price might use this support level to bounce once more before breaking, but the overall outlook for price is bearish ( down )
The US economy is in trouble, but the government are trying to pull the wool over your eyes so you don't panic.... A recession is coming and people are non the wiser.
Fluoride Fed... What the Government Dont Want You To Know ;pOur 1st green line could be 1st sign of resistance ( 36 pips ) on this trade as it has been used before, but our yellow box is the target on this pairing ( 100 pips )
Plenty of bearish movement about at the minute, so this should be a nice quick trade.
Our purple arrows mark out where price has previously hit our support and resistance zone ( because we are nice like that and like pointing out the obvious ) ;p Actually this day and age need the obvious pointing out to them, Its probably all that tap water they are drinking! We call them the fluoride fed, As they are unaware the government are putting fluoride and other stuff in the tap water to dull your brain to make you stay in line! Bottled water sales are going to go up now hmmmmm I might run out and invest in Volvic haha.
USD CHF... Now who doesnt love a good THREESOME ;p You can see a resistance zone ( green box ) and a lovely trend line ( TL ) that price has been following and respecting as support for over a month, price recently broke through this TL and is now coming back up to test it as resistance.
Where price will meet the TL is also in our resistance zone so this is a STRONG SELL, line this up with the weakening USD at the moment this is a triple SELL signal.... Now who doesn't love a good THREESOME? ;P
CHF JPY WILL BREAK RESISTANCEWe can see from our support and resistance zones that price has been respecting these levels for a while and price is once again currently in our resistance zone , but this time we can see price breaking this resistance and moving higher to the upside because of recent bullish candles coming into this zone.
If we take a look at the monthly chart you can see plenty of buying power due to last months candle having a really long lower shadow, this indicates that sellers weren't strong enough to push price lower and buyers took over, this is the reason combined with this months bullish candle we can see price breaking resistance level on the 4H chart.
So we will be setting some orders around this level to catch it if price breaks, price might have a short pullback before breaking ( this is the reason for setting orders instead of buying at current market price )
Entry, SL and TP are reserved for our clients, if you would like to join our team then message us.
CHF JPY WILL BREAK OLD RESISTANCE We can see from our support and resistance zones that price has been respecting these levels for a while and price is once again currently in our resistance zone, but this time we can see price breaking this resistance and moving higher to the upside because of recent bullish candles coming into this zone.
If we take a look at the monthly chart you can see plenty of buying power due to last months candle having a really long lower shadow, this indicates that sellers weren't strong enough to push price lower and buyers took over, this is the reason combined with this months bullish candle we can see price breaking resistance level on the 4H chart.
So we will be setting some orders around this level to catch it if price breaks, price might have a short pullback before breaking ( this is the reason for setting orders instead of buying at current market price )
Entry, SL and TP are reserved for our clients, if you would like to join our team then message us.
GBP AUD KEEP THINGS SIMPLEPURPLE ARROWS - RESISTANCE
SUPPORT/RESISTANCE 1.81008
1.81008 Is a key level we have used a number of times before if you look back at old charts, you can see where price has been used from our arrows.
Price has recently bounced off this level, now we might get a retest of this level but the general movement is to the downside.
You can also see on the 1D and 1W charts that bearish movement is also strong and price is respecting this level.
You must always look at the higher timeframes to back up your analysis, you wouldn't buy a house without getting it checked out for damages 1st would you? that would just be throwing money away just because you hadn't done your research... So why the f#ck would you do the same thing in the Forex market?
And remember KEEP THINGS SIMPLE!!!!!!
BUY!!!!! sell your house and BUY GBP CADSupport purple arrows
resistance orange
Look how many times price has used our support and resistance zone, easy to see its a very strong zone and ready for a reversal, add in the fact that this zone lines up with our trend line that has also been very well respected we can only see a reversal coming after price has had a big push down the past few hours.
So we will be looking for a long trade once price respects our zone and trend line.
All trades will be sent to our clients along wit TP and SL.
Now we don't really mean sell your house and put it all on this trade... but if you are are stupid then I hope our analysis is wrong and you loose everything :p
GBP JPY SELLWe have a strong trend line formed which price is currently at and a strong SELL zone which price has just entered STRONG SELL.
We could see a run down to our support level where we will be looking for a BREAK as we are near the end of a descending triangle.
This is all.... Thank us later.
GBP AUD printing that MONEY We can see that a Doji formed at the top of an uptrend ( purple circle ) This is a lovely reversal signal as the candle that was formed after it confirmed this for us ( bearish candle )
For the last 2 days price has been moving sideways in our zone.
We are in this trade again, after previously getting stopped out by a very tight SL, We put a tight SL as we are sure price is going to sink... SL been hit is not a problem as it was a small loss and we have entered again.
A breakout of our zone ( blue box ) is what we are waiting for, following this we will see a price drop.... so come along and enjoy the ride ;p
USD CHF support on STEROIDS, Bears had to many beers.0.99058 is a key level of support, you can se where price hit this support level ( marked by purple arrows ) now I'm sure not all of you are stupid enough to need an explanation.... but there are still a few tap water drinkers about :p
Price broke this level in august and made a big rally to the downside but this pairing couldn't keep price down and like someone who has had too many beers and a greasy kebab it ended up throwing it back up.
Price broke this support level 2 weeks ago and tried using it as resistance which worked for a day until price broke and started using it as support again.
We personally think that this level is too strong and must be respected as support, so we can see a further move to the upside, but we will also be prepared for the event that price does break and sinks in the way of setting an order.
The key to success in the market is good risk management and out smarting the market by preparing for any outcome, setting orders enables you to do both of these.