GN DAILY PLAY:) GBPNZD 11/12/2019
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
GOD BLESS U ALL!
Setups
UJ QUICK UPDATE - PLAY WITH PENGUINS MAJORS ;D 3/12/2019Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
PIG in the box - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
Check our YouTube for more sauce :)
GOD BLESS U ALL!
Possible AUD/CHF Short Position!! SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Chart time frame - H4
Timeframe - 2-3 Days
A – Activating Event
Market will meet resistance in zone @ Current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.67250
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 0.67250
Target 2 @ ....
Risk/Reward @ 2.1
Happy trading :)
Follow your Trading plan, Remain disciplined and Keep learning !!
Please Follow, Like,Comment & Follow :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
USD/JPY Daily Resistance RegionEven with a weak US Dollar in the first half of October, USD/JPY showed bullish tendencies, owed to the additional Yen-weakness overshadowing the US Dollar’s own pullback. This strength in USD/JPY brought upon by an even weaker Yen has helped the pair to push up to a fresh two-month-high at a key zone of resistance that runs from 108.47-108.70 which ahs so far helped to hold bulls at bay. This includes a 200 ma just above and a a range o f prices that have shown in the past to provide liquidity from sellers.
High Probability Entry using Shoulders and Price ActionWhat we term as a 'shoulder' (Lower High/Higher Low) is a prime entry setup with statistically high probability. The important thing to note is that it is used in conjunction with price action to correctly identity when traders are being 'caught off-guard' on the wrong side of the action and forced to close. We like to term it the 'sweaty palm' feeling when you begin to realize that you are wrong and have to start to look for the exits and minimize losses. In the example on the German DAX index, there were some great opportunities to sell (off the shoulders when sellers stepped in at lower levels and buyers were forced to bail) with a defined risk profile that paid out handsomely...if you are able yo define the key zones and when traders will be put under pressure. Hope this helps and Happy Trading....TradeSetup.
EUR/USD bulls losing steam around the 1.1050 levelThe EUR/USD pair is printing its second indecisive candle around the 1.1050 level, with quite long upper wicks.
The pair is trading at a strong daily bearish trendline resistance, a horizontal resistance zone and the 61.8% Fib level, which could signal an end for the current counter-trend price correction and a continuation of the underlying downtrend.
While the Fed remained unclear on future rate cuts, we believe that the US economy is in a way better position then the Eurozone, according to recent macro-fundamental releases.
Would you sell EUR/USD around current levels? Let me know in the comment section.
AUD/CHF continues down inside channelThe AUD/CHF pair printed a strong bearish candle today after reaching the upper channel resistance on the daily chart.
The reversal point aligns with the 61.8% Fib level, signaling a potential continuation of the underlying downtrend.
The RSI is printing a hidden bearish divergence.
Copper remains bullish after reaching supportThe daily chart on Copper shows a strong support around the $2.50 level which lies near the 61.8% Fib level.
The price has recently formed a falling channel, with a broke above signaling a potential continuation of the underlying uptrend. The RSI is in a bullish divergence mode.