Pips
EUR/USD heading towards 1.0500...After reviewing the strength building on the dollar, it is clear to see the strong trends forming across the major currency pairs.
1.0500 is the next weekly/monthly directional target to the downside sitting almost 400 pips away.
We have a small amount of US and EU news heading into the final stages of this week. However we are looking at long term possible strong movements into fresh yearly lows for this pair.
GBPUSD H4 - Buy SignalGBPUSD H4
Support on this 1.30 handle holding well so far, seen multiple long entries simply with the parameters for entry, stoploss and take profit marked, 5R last week, 1.8R and 1.6R, waiting for that next target around 1.32 to be seen.
Would love to see this DXY correction and for cable to take off from this psychological price.
GBPAUD Trade Update (+2000 Pips)GBPAUD trade was posted on my tradingview account just a few days ago and after getting some reaction after the liquidity grab, we got to see a nice movement to the upside. GBPAUD trade is currently up 2000 pips and counting with a moved stop loss securing over 1000+ pips!
GOLD new update for 2022...With gold being very bullish towards the end of last year, we decided to sit on our hands for a while regarding updates on the commodity.
The price did recently run up all the way to $2,070, before dropping back into the 200 DMA.
We can see gold extend a deeper pullback into $1,850 this year before continuing to the upside. Gold on a fundamental level is looking relatively strong however we don't believe another bull run is on the cards just yet.
AUD/USD looking for a 70+ pip pullback...AUD/USD has really been playing ball in terms of basic technical analysis. WE hav e been following a strong bullish sentiment all the way up to 0.7500. This level we're at is a major Fibonacci extension target and there are many confluences now suggesting a pullback for at least 70 pips.
We are now looking for a potential drop into 0.7420 over the next few trading days. If we do get a small drop on this pair it is likely to be a strong sharp movement given the manipulation levels visible on the higher timeframes.
Like always do your own research and I hope everyone has had a great week in the markets.
BTCUSD When will the price reverse? #bitcoin #btc #crypto When will the price reverse?
According to daily frame , I have determined again the strongest resistance and the strongest support, and I set the stop loss and take the profit. This is if you sell from the entry point, as well as I do not recommend buying above the resistance
GBP/AUD falling with strong downside momentum...The last time we broke down GBP/AUD was when it was trending north on the daily. Since then we have taken a huge plummet driving the trends down and prices back below 1.8000.
1.7500 looks like a comfortable 100+ pip landing spot with more potential for heavy downside movements.
As of right now there is very little upside opportunity and we would advise traders not to try and pick a bottom.
We will provide an update over the coming weeks to see how this pair plays out.
Well That Went Well...Good day mates! So in this small segment I would like to highlight this swing trade I called on USDCAD. First things first, I was NOT as patient of a trader back then as I am now, seriously! I would see a move and think "ahh man I gotta hop on this" but would be in such a haste that I would market enter and get wrecked or so scared I wouldn't even take the trade. Luckily I was able to get a lil boost of confidence from my good friend @palmer519 and, not only take the trade, but to call out my first winning signal. I was struggling between scalping and swinging so much that 80-90% of my trades would get blown out or wouldn't even be executed.
"Alright Big P we get it, you were scared to trade and now you're not. Why do you swing trade??" I'm glad you asked.
This ultimately allowed me to not have to be on the charts allllllllllll dayyyyyyyy!
I developed my skill (still developing) on swing trading by doing these 3 things:
1. ONLY taking disciplined trades *meaning I wouldn't go against my trading plan for no reason at all*
2. TRUSTING my analysis *if I'm open for the jumper, I'm shooting*
3. ACCEPTING the outcome *I know I won't win every trade but if I'm winning enough then we got something going*
So in conclusion gang, patience pays and confidence slays lol. I know most of us may encounter days when we are not confident in ourselves but remember these few things: You will lose, its a part of the game & don't ever rush into making a move because your patience is what will determine your outcome, or in this case, ya income ;)
Happy trading family <3
*DISCLAIMER* : I AM NOT A FINANCIAL ADVISOR NOR AM I AN INVESTMENT MANAGER SO DON'T THINK IM TELLING YOU WHEN TO BUY OR SELL, BECAUSE IM NOT. IM SIMPLY POSTING MY ANALYSIS AND GIVING YOU INSIGHT ON MY TRADE IDEAS. FOR MORE INFO PLEASE REFER TO THE LINK IN MY BIO!
GBPUSD Setup opportunityRight now we are sitting inside of a daily/4hr consolidation range on this pair. Price is sitting right under 1.36. Price has formed an inverted head and shoulders giving us a possible setup. If we break above neckline, then we can see a buy up into the red zone around 1.36230. I would look for selling pressure in that red zone. If we don't get a neckline break I would look for a sell with a stop @ or just above 1.36
us30 i entered this us30 buy. i forgot to publish it. lets see if it can come right. i did go into profit. currently in drawdown.