AUDCAD Early H&S ShoutVideo explains it but the Trendline Slash has occured RSI shows price not likely to break back through now looking for a ranged Shoulder to form within Demand & Supply.
Learntotrade
Phase Changes & Events So at one point in this video I get a bit mixed up in my thoughts. I think most publishers would delete it and not share it; but I'm not interestedd in protecting myself. I go off on a pretty long rabbit trail about Support and Resistance areas creating the phase changes that we're looking for. It is an important concept; and I think despite me mixing myself up at one point - I think I should share it with you
I hope you feel the same way. I hope you learned something with me!
BTC accumulating or still correcting ??Just trying to test myself with trend-lines.
Constructive criticism is always appreciated.
Thumbs is this helps you in any way.
Thank You.
May the force be with you.
AUD/USD - Incoming Bears I've given out some analysis on the AUD before, explaining how the AUD is really strong and the banks are very happy at where it's currently stationed with supply & demand zones all across the price levels 0.70-0.80 within AUD/USD - Right now AUD/USD is at a significant event area, it seems to be following the drop and reverse ratio perfectly.
The price is currently at a significant event area which is also located within the willis zone, that's two confluences, we've also got a price action on the 4-hourly, a huge pin bar rejection.
3 Confluences - Following The Trend - Erase the emotions and take it short with risk managed.
USD/JPY - Aggressive 6H Entry (Trend-Change)USD/JPY - Aggressive 6H Entry (Trend-Change)
@: 113.692
S/L: 114.445 (-75.3 PIPS)
T/P: 112.130 (+156.2 PIPS)
Risk:Reward: 2:12-1
ENTRY: We have seen our 6H candle close -BELOW- our major trend-line indicating a trend-change. As well as our 8H and 1D candles of closed -BELOW- as well. We are looking to potentially reach our Minor Support of 112.130 area.
S/L: We placed our Stop +10 PIPS above our Minor Resistance area of 114.355.
EXTRA: Usually at this time of day the market can be kinda slow, and we can see a potential draw-down. However; we don't have anything to worry about. If price were to manage to get hit, we will possibly we in a trend-change to the upside and recover our loss if that were to happen.
*This is NOT a signal, we are NOT responsible for any type of losses you may encounter. For inquiries on our Advance Training please email us at TheForexClubFX@gmail.com
UJ Week OutlookAnticipating UJ to AT-LEAST retest structure highs. We are nearing a solid resistance level, so we may see a rollover when we hit that level, OR if we continue, I anticipate the 1.414 expansion which is also the next highest structure level.
Trade 3 Eur/Pound short closed and looking to reneter higher So in this market : the market was flat lining a bit and I wanted to start fresh for this week so I closed my trade in profit of 40 plus pips and now looking at this pair making a higher correction where I will look to sell this pair again .
Points: this pair does move and with the right stop loss and supply and demand strategy along with trading psychology strategy along with money management.
Talking about money management I am culprit for this by over exposure and over leverage so my goal for myself is trade on any trade 1% of my account and max trade only 5 percent of my account with a draw down of 10% of total profits earned from the previous trading week. If I blow more than 10 percent of my profits I will close out of the market and stop trading and do something fun and creative .
Kris
www.mymentortv.com
EUR USD Daily Analysis We are going down for the time being Hi everyone
Eur usd from analysis on the break of lower low and pitchfork lines has shown me we are going down so my if then statement is as such: If this market continues to take out the previous buyers going down then I will set my tp to either the first tp or second depending on how deep we go in the market: I am looking for the euro usd to keep going back up long term trend is bullish but this is a little pit stop to get on that way up
your friend Kris
any comments or ideas on pairs you want me to look at let me know
www.mymentortv.com
Pound Yen Analysis We are going down Good evening everyone
From what I see if this top area holds , sellers will be in play as we have been creeping down slowly with higher lows and lower highs. My analysis is if the market breaks to make new lower lows then I will expect the market to at least hit my first tp and if the market breaks down further the other tps maybe hit in the process.
your friend Kris
www.mymentortv.com
BEING PROFITABLE? AN EXAMPLE WITH TWO INDICATORSThis graphical example shows how it is possible to make pips in the market every single day when you have a few powerful indicators which you tested over time.
On the BTCUSD there were 1500+ pips to be made in the last 3 weeks.
GBPJPY - Approaching a level of interest for potential longs After a bit of a funky false breakout the GBPJPY has finally started to retrace & now is approaching a level that's on my radar for a potential buying opportunity.
Akil
EURGBP - Consolidation Lead to Expansion The EURGBP is currently in a state of sideways movement which is called consolidation. Consolidation leads to expansion, so as i analyze this price chart they question that I want to ask myself is
IF Price action breakouts out to the ___ side
THEN where is it likely to continue to.
Doing so will allow me to see if there is enough potential profit (with limited risk of course) to create a trading opportunity.
This pattern formation is called a bearish flag and it traditionally breaks out to the downside. However, because the consolidation occurs at a previous level of structure, I's fair game either way in my opinion.
Akil
"Today is the start of our busy news cycle. Be safe out there traders!"
NZD/JPY - Short-Term-Trade - Aggressive Trend Line Rejection As posted earlier we were seeing a potential down-side for this pair. As of right now we will have a total of 2 active entries (Medium and Short). We will be looking to add another position at the close of the 4H candle, if it ends up being a bearish candle. Our T/P is roughly set between our Monthly Support and our -27.20% Fibonacci Area.
If this becomes a losing trade and we see price closing -ABOVE- our trend-lines we will be looking for new entries. Ideas will be posted here as well in a our Telegram Channel.
*This is NOT a signal. We are NOT responsible for any types of losses you may encounter. For information on our Advance Training and Mentor-ship please email us at TheForexClubFX@gmail.com
NOTE: We are currently holding a end of the month promotion. For more information please email us.
XAU/USD (Medium-Term-Trade) - Market Update - Upon Request I hardly trade this pair anymore. Despite paying well as of right now I've been taking a small break from this pair. Anyways; the main question is. What should we be expecting for this pair?
Well on our 8H chart; we have actually closed well -BELOW- our Trend-Line. We should be expecting a push to roughly around 1275.00. As of right now on both Short-Term and Medium-Term-Trades the overall bias is a down-trend.
My strong recommendation is that if you are in a -SELL- I would recommend you hold this trade to potential 1275.00 (Keep in mind we have a LOT of high impact news tomorrow which could affect this pair so take your precaution).
If you are in a -BUY-; at least for the way how I trade; I don't see any -BUY- opportunities as of right now. We could go into a bullish movement later today but we are kinda far away from that happening.
If you aren't in ANY trades you should mainly be waiting for a pull-back. Entering right now without any type of analysis or strategy is pretty much gambling and is a clear indication of over-trading. So be VERY careful with that.
*This is NOT a signal. We are NOT responsible for any types of losses you may encounter. For information on our Advance Training and Mentor-ship please email us at TheForexClubFX@gmail.com
NOTE: We are currently holding a end of the month promotion. For more information please email us.
NZD/JPY (Short-Term-Trade) - Market Update:We've been in a -STRONG- down-trend. Strong enough that our overall bias on higher time-frames may change to a down-trend. Almost all of today we have seen this pair retrace; which is normal after a long session of bearish movement.
As of right now; we are in a interesting spot. If we see price closing above at the end of this hour we could go back to a bullish movement. However; if we see price end up closing as a -BEARISH- candle we could have another down-trend movement as we are close to a 38.2% + T.L. rejection.
You could place a AGGRESSIVE entry at the end of THIS hour if we still have a nice -Bearish- closing candle. If you are looking more for a conservative entry you can wait until the close of the NEXT 4H candle and see if it is also a bearish closing candle.
Overall we have to be patient and see what happens in this scenario. My overall bias is that we are going to drop more; however as always I am NOT excluding the fact of a possible up-trend.
*This is NOT a signal. We are NOT responsible for any types of losses you may encounter. For information on our Advance Training and Mentor-ship please email us at TheForexClubFX@gmail.com
NOTE: We are currently holding a end of the month promotion. For more information please email us.
NZD/JPY - Medium-Term-Trade - VERY Aggressive Entry As posted previously on our Market Update; we may see more of a down-side for this pair. We went ahead and placed a VERY AGGRESSIVE entry on this pair. As we saw that our 4H candle has closed -BELOW- our trend-line. As price has been in a STRONG down-trend we wouldn't be surprised if we see price retracing a little bit. Needless to say we have a pretty decent S/L. If we were to get stopped out we would be looking for some -BUY- opportunities to recover our losses.
When the 8H candle closes next and if it also closes -BELOW- our trend-line we may be placing ANOTHER entry to have 2 active entries on this pair. Our last and possible entry is if price closes -BELOW- our trend-line on the Daily chart. If this does happen we will have a update on that.
Our T/P is actually VERY ambitious but if we reach our 1st projected area our S/L will be moved to either break-even or +35 PIPS of profit it will depend on market scenario.
NZD/JPY - Medium-Term-Trade - Market Update: Could we have a possible down-side for this pair? We are in a odd spot right now for this pair. For the past couple of days we have been descending aggressively after a whole week of bullish movement. But we could have a possible entry upon us.
If at the close of the 8H candle we see price closing -BELOW- our trend-line. We would have a nice -SELL- confirmation. Remember we have to wait for CONFIRMATION. If at the close of the 8H chart we still don't see price closing -BELOW- we can hop to the 4H chart and await that candle closing further on and have a -early- entry.
As always we are prepared for BOTH movements. We could also see a trend-line rejection upon us as well. If price has a NICE bullish candle closing probably at the NEXT 8H candle we could see some nice movements to the upside and re-testing our Weekly Resistance Area.
*This is NOT a signal. We are NOT responsible for any types of losses you may encounter. For information on our Advance Training and Mentor-ship please email us at TheForexClubFX@gmail.com
NOTE: We are currently holding a end of the month promotion. For more information please email us.
AUD/USD - Short-Term-Trade - Market Update: We may possibly have a entry for this pair once again but to the upside. We are still awaiting to see if at the close of the 2H chart if we possibly have a trend-change. If this candle closes -ABOVE- we will be placing a nice solid -BUY- with our overall target being our Monthly Resistance.
You can also place a VERY AGGRESSIVE ENTRY at the close of the 1H chart which is at the end of THIS hour. Later on once the 2H candle closes if that also closed -ABOVE- you add another position and add another entry to this.
We are still NOT placing the -BUY- as we still need confirmation. As always we are prepared for BOTH scenarios. If price fails to close -ABOVE- and we have a nice BEARISH close we will be aiming for another DOWN-SIDE movement.
*This is NOT a signal. We are NOT responsible for any types of losses you may encounter. For information on our Advance Training and Mentor-ship please email us at TheForexClubFX@gmail.com
NOTE: We are currently holding a end of the month promotion. For more information please email us.
XAU/USD - (Medium-Term-Trade) - Market Update Are we finally going to have gold dropping? I've been anticipating a drop for gold since last week. However; we haven't had any major confirmation. Regarding this Medium-Term-Trade we may have a down-side coming to us this week. Now the gold market has just opened 45 minutes ago. So a LOT can happen until our daily candle closes.
If by when this daily candle closes in less than 24 hours; if we have a bearish closing candle we will have a medium-term-trade upon us with a potential target being around 1325.00 and lower. Regarding any more upside potential we would need our candle to close again -ABOVE- our trend-line.
As of right now I am NOT placing any new entries this is just a Market Update. We have to wait for confirmation but this is a possible entry I am keeping my eye out for.
*This is NOT a signal. For inquiries on our Advance Training please email us at TheForexClubFX@gmail.com
USD/JPY (Short-Term-Trade) - Market Update Could we see a possible down-side for USD/JPY? Previously we have seen that price went into a small bullish trend. As you can see it didn't go too far; as it rejected our Major Trend-Line. That area was a extreme critical area as it aligned with a Major 38.6% Fibo area.
What do I need for a entry? If we manage to see price closing -BELOW- our Minor Trend-Line I will be placing a -SELL- a good area of T/P would be our Weekly Support as well as our Previous -27.20% Fibo area. We have a few T/P extensions that are not shown above.
Regarding a upside movement we are kinda far away from one as of right now. We would need price to close -ABOVE- our major trend-line so we can continue a upside movement. But at least for now I don't see that happening.
*This is NOT a signal, for any specific pair review please send me a message or email me at TheForexClubFX@gmail.com
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AUDJPY trading view 6th September 2017AUDJPY is setting the bias for bullish nicely. We already have prices moving with Higher Highs and Higher lows forming with prices currently sitting at the trendline on H4. I would be keen to buy should I see a Higher high form and then a Higher Low(as drawn on H1), before I get a break of the Higher high on H1 (marked with an arrow) for my entry.
