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AUDCAD: Analysis and Plan for the week ahead (9JUNE2019)We are looking at the AUDCAD pair. As you can see here, I have used the Fib Retracement tool to measure the retracement of the movement. From the 1 Day chart, the price have moved and touched the 61.8% on the retracement. Telling us that the movement will likely to go upwards. Another confirmation that I would take is that it has hit the Weekly Key Level Low. To go long (BUY), I would suggest to go for 20 PIPS when the market opens and then see if the movement continues upwards. If it does you can continue to go long. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
by FUADALHAKIM
1
USDCHF: Analysis and Plan for the week ahead (2JUNE2019)We are currently looking at USDCHF. At the moment as you can see the trend is going down wards. With the pairs making its Lower Highs (LH) and Lower Lows (LL), this shows the movement of the market downtrend. Meanwhile as we can see that the price is currently at the WEEKLY LOW point. What could happen is that it will bounce up from the WEEKLY LOW for a bit before continue going down wards like most of the times whenever something similar like this happens. Next Move: Will wait and observe for the next candle stick to appear and see what is the outcome before taking action. Will not stay at BUY for long as market looks like it is going down trend. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
Long
by FUADALHAKIM
EURUSD: Analysis and Plan for the week ahead (2JUNE2019)What we are looking right now below is the 4H chart. Reason for me to show this is because I feel that the pair is currently respecting the trend line. If the pair continues to respect the trend line, the pair will not go above the trend line (diagonal red line). Next Move: Will be observing for the next candle stick. If the next candle stick goes bearish, I will take a SELL on this. My plan for this pair is to go for SELL. Otherwise, I will not take any actions yet until it is much clearer. (If the candlestick goes to touch the trend line. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
by FUADALHAKIM
EURCAD: Analysis and Plan for the week ahead (2JUNE2019)We are looking at the EURCAD pair. As you can see here, it is currently doing Higher Highs (HH) and Higher Lows (HL). From the analysis, looking at the trend line, it seems to be going upward trend. Therefore this pair will be making another Higher Low (HL) before continue it's flow upwards. Currently looking at the candle stick at 1H chart and candle is showing a bearish engulfment. That is 2 confirmation. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
Short
by FUADALHAKIM
NZDUSD: Analysis and Plan for the week ahead (26 MAY 2019)I am still new to this but I am still learning. I am just sharing of what I feel through the analysis that I did while the market was closed on the weekends. This is the NZDUSD pair. From what I have analysed, this is what I feel the market would do. At the moment, market is doing Higher Highs (HH) and Higher Lows (HL). Therefore the market is going uptrend. What it will do next is that the price will be bearish to make another Higher Low. 1 confirmation is that the candlestick is bearish engulfment. Wait for one more candlestick to confirm a full engulfment. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
Short
by FUADALHAKIM
GBPUSD Analysis & Plans for the week ahead. Published 26 May 19I am still new to this but I am still learning. I am just sharing of what I feel through the analysis that I did while the market was closed on the weekends. This is the GBPUSD pair. From what I have analysed, this is what I feel the market would do. At the moment, it is at the week's low key level. My thoughts are that it will probably be bearish looking at the candlestick patterns. Would really need to wait for the next candle to appear to see for confirmation. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
by FUADALHAKIM
The bears took over last week but have no chance this week!Last week I was shorting this and was right on the money! It did exactly what I imagine it would do. Now, for this week I'm looking to go long hoping to catch some good pips. My entry on this 1.34159 and hoping to take profit at 1.34800.For this one I am going to use wide stops at 1.33700. Comment your thoughts below because my goal is to try to learn everyday and learn from others! Quote: “Don't ever make the mistake of believing that market success has to come to you fast. Trade small, stay in the game, persist, and eventually, you'll reach a satisfying level of proficiency.” ― Yvan Byeajee Trader essential from Amazon 1. amzn.to -Tylenol Extra Strength Rapid Release (LOL) 2. amzn.to -Encyclopedia of Chart Patterns 3. amzn.to -Apple MacBook Pro 4. amzn.to -OLLY Goodbye Stress Gummy, 5. amzn.to - Lenovo Ideacentre AIO 520S 23-Inch Desktop Computer (Intel Core i5-7200U, 16GB DDR4, 1TB HDD, Intel HD Graphics 620, Windows 10), F0CU0001US 6. amzn.to Apple iMac (21.5" Retina 4K display, 3.0GHz quad-core Intel Core i5, 8GB RAM, 1TB) - Silver 7. amzn.to -Dell i5680-7813BLU-PUS Inspiron Gaming PC Desktop 5680, Intel Core i7-8700, 16GB DDR4 Memory, 128GB SSD+2TB SATA HDD, NVIDIA GeForce GTX 1060, Recon Blue, Windows 10 64-bit
Long
by Red_Rock5
CGC MIGHT BE GOING UP!...Currently the market is going green from red. Check list: ^ We notice it hit its uptrend support, which is the orange line. ^ Buy point is 45.80 ^ Selling point is 48.65 "I will be selling half of my shares" ^ Hold the other half it breaks 48.65 ^ MACD indicator is showing a possible bounce around the dotted support line. ^ RSI Showing its might be a possible buy point because it at its bounce level. Possible bounce for CGC. Keep in mind this is my opinion. I could possibly be wrong depending how the market is going to be tomorrow. If you guys can give me pointers. I will be using this as my learning platform to see how accurate I am.
CLong
by GangsterPug
Market Volatility The vix indicates how volatile the market currently is. Right now, the VIX is sitting at 14.40. A neutral market is indicated by a vix being at 17. Since the vix is sitting on the low end, we should continue to see the market stay relatively safe. However, with all the ongoing issues of a slowing global growth, trade, and poor economic data, it would be best to keep your risk appetite low until things smooth over. The VIX is currently trading below the 50 EMA and 200 EMA.
CBOE:VIXEducation
by ZakaryP
2
Learn how to fish Support orange arrows. Resistance purple arrows. Who says you cant see trade setups just using zones and levels? It looks pretty simple to me, You can see how strongly this zone is respected from where price has entered our zone and then bounced ( marked by arrows ) Now it seems pretty clear to us where price is heading and we haven't got any indicators on our charts at all, just clean fresh charts.... quick someone call the FOREX POLICE because we must be committing a crime as everywhere we look we see stupid charts that look like a 5 year old has drawn on them... These charts may work for the person using them but they are also used to try and confuse people into thinking that trading is hard so they will pay for help from this person. Yes we sell high quality signals, but honestly we would rather people learnt to trade themselves, this is why we don't over complicate charts... YOU CAN GIVE A HUNGRY MAN A FISH TO CURE HIS HUNGER FOR A FEW HOURS... OR YOU CAN TEACH HIM HOW TO FISH SO HE CAN EAT FOR THE REST OF HIS LIFE. We prefer to show people how to fish if you get my drift ;)
Education
by Apex_Gregg
11
Keep charts simple... Dont let them fool youORANGE ARROWS - SUPPORT PURPLE ARROWS - RESISTANCE Look at the chart and tell me that support and resistance and supply and demand zones are not the way to trade, then I will tell you to folk off ;p As you can see that every time price entered into one of our zones it bounced or if it did break it made a big move, the same happened with our support/resistance line... Come on people it really doesn't take a genius to work this stuff out! Find a strong area/zone of support and resistance, place them on your charts and price will respect them time and time again for years to come, this gives you a head start over the market, you see peoples charts that look like an artist has thrown up over them, charts with more lines on than a table at a wall street office party :p.... These indicators only confuse you and stop you seeing what's going on, look at our charts they are nice and clean and you can spot setups easy. Keep it simple and you will succeed, confuse things and the market will destroy you.
Education
by Apex_Gregg