Parallel Channel
AUDCHF It will bounce from support Jun 8
Welcome back! Here's an analysis of this pair!
**AUDCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
AUDCHF I Scalp & Intraday Short IdeaWelcome back! Here's an analysis of this pair!
**AUDCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
Bitcoin Delivers Hopium as the Ascending Wedge ContinuesMy continued Bitcoin analysis gives me great indication that the Digital King has yet to reach its regional bottom.
$32.7-8 is expected to be a very key range as for resistance.
Based on Elliott Wave Theory and Fibonacci sequencing, $22K-$25K are also expected to be key levels of support.
All indications are based on the science of price action! No other indications are used primary however, RSI levels are often considered secondarily.
Something major is brewing in the background1. A major bull flag has broken to the upside
2. This was followed by a couple months of accumulation
3. There has been an extraordinary spike in volume on Friday (June 3) without any news or price action
TAKEAWAY: If this analysis plays out, we should expect a cyber security catalyst in the very near future
Thank you
AUDNZD Top of Ascending Channel Welcome back! Here's an analysis of this pair!
**AUDNZD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
USDJPY | New perspectiveIt is going to be a busy week as eyes remain fixed on Non-farm payroll. Traders will also pay close attention to the ISM manufacturing report on Wednesday and the Conference Board consumer confidence reading on Tuesday which is expected to show a significant deceleration. The main economic release on Friday will be important to see if hiring remains strong. The consensus estimate for the change in nonfarm payrolls is 329K jobs, a dip from the previous 428K. All these shall have a significant impact as we should be expecting a lot of consolidation before a breakout/breakdown. From a technical perspective, I have two scenarios that we can get ready for going into the new week.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
NZDJPY - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for NZDJPY.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
GBPUSD I Rise to Channel ResistanceWelcome back! Here's an analysis of this pair!
**GBPUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
Weekly Trade Recap: NZDJPY, NZDUSD, GBPJPY 05-28-22Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades closed this week between May 15th- May 20th.
NZDUSD: Closed down for +0.51% profit
Full analysis/forecast:
NZDJPY: Out for BE
Full analysis/forecast:
GBPJPY: Out for -1% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Weekly Trade Recap: EURJPY, SILVER 05-22-22Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades closed this week between May 15th- May 20th.
EURJPY: Out for BE
Full analysis/forecast:
SILVER: Out for -1% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Solana Long at the Parallel Channel low
BYBIT:SOLUSDT
Solana has been trading in a parallel channel since the 18th of May 22 and I continue my idea from yesterday that trading between the value area low, POC and daily level presents long and short opportunities if you are a scalper.
In today's video I present a plan to long when price shows strength at the Value area low for the current range
Not Financial advice. DYOR. Papertrade before using real money
Oil Volatility - Trading the ChannelOil is moving higher in a $10-20 channel for the past 3 months.
The respect of the downside trendline support in the past few weeks has led to a reliable rally if we hold lows.
The similar situation on the topside with multiple rallies above 110 failing in recent weeks. The current strategy is to follow Oil from downside to topside support and resistance and vice versa.
Once a big support or resistance holds the turnaround has been clean and once Oil starts to move its becomes fairly aggressive in that new direction.
This means use a stop and more importantly TP on every trade as the reversals are so sharp you can not manually exit at the right level.
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
“Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based o n a recommendation, forecast or any information supplied by any third-party."
USDJPY | Perspective for the new weekGoing into the new week, the upside potential of the Greenback against the Japanese yen appears to be becoming more limited as falling Treasury yields is undermining the pair’s most potent logic.
Technically, the appearance of a double top structure right above the 131 area followed by the breakdown of the neckline is a signal that there is a risk of further decline probably in a short term.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Weekly Trade Recap: AUDJPY, EURCAD 05-14-22Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades closed this week between May 1st- May 6th.
EURCAD:
2 entries out for +5.50% profit.
Full analysis/forecast:
AUDJPY: out for +0.53% profit
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Weekly Trade Recap: EURCAD 05-07-22Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades closed this week between May 1st- May 6th.
EURCAD:
First Entry: -1% loss
Second Entry: Running Position +2%
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
EURCHF - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for EURCHF.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Weekly Trade Recap: NZDJPY, CADJPY, GBPAUD 04-30-22Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades closed this week between Apr 24th- April 29th.
NZDJPY: 2 positions out for +4.2:1 RR Profit
Full analysis/forecast:
CADJPY: -1% loss
Full analysis/forecast:
GBPAUD: -1% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)