UsdMex to short,looks like a nice chart to go shortHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Trend looks set ,watching for oppo so short
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Stbb
For Shorts on GbpnzdHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
I am bearish on the pairs, more downside should be there.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
EURUSD bias for longs...Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Let's see , long for eurusd for me :)
At the same time i am also bias to short
USDCHF
USDMEX (Mexican Peso)
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Usd likely more downside coming..bias to shortHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Looking to short USD more bias on short. Therefore setup on the majors or USD pairs for me will bias to go on shorting USD.
Trend looks like a retesting of Supply level for shorts.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Gcad likely more downside to come?Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Check out this week what will happen.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
Shorting on Gbpusd or Nzdusd if USD is still to strongerHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
If usd came out stronger this coming week, i will be focusing on both Gbpusd and Nzdusd for shorts.Let's see!
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
USD seems retracing with a flag pattern...Bias still upsideHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Bias still on the upside, let's see how it play out on a NPF Cum Interest rate week ahead!
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
Usdjpy, congrats to those who long the break up last week!Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Yup, as mentioned, if you have gone long last week..so question this week, is it gonna repeat what happened last week?Hmmmm i am starting to be more cautious
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
Eurnzd waiting for a push higher for break upHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Watching for the break up
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
Gbp seems one of the weakest...Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Gonna look out for shorting opportunities with Gbpusd or its crosses. See how it goes
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
USD still going strongHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
USD is consolidating (since last week) for a breakout..more on the bias to the upside.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
Achf to watch for shorting it...Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Looking to short Achf, chf crosses looks like they are turning...watching.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Usdjpy clearly up the upsideHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Likely this would be a trending up pair, but do keep a look out for any intervention. Frankly BOJ could be looking to intervene, and by then you should see big movement on UJ. Trade this pair carefully!
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
GbpNzd likely more downsideHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Could be looking at some pullback and rejection and looking to short GbpNzd, let's monitor it along the week.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Usd clearly break up, could pullback this weekHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
On the backdrop of the CPI data hinting that inflation is still hot, FED kicked the interest cut ball lower down the street ( later than Jun, i believe). Therefore the strength in USD i guess.
Majors capitulated. Watch for some bounce if u want to long pairs like EU GU for a quick run. But likely overall is a short majors for me ( e.g. EU GU)
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Uchf seeing potential topping off from D1 key zoneHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Potential flipping on the h4, if it doesn't probably gonna continue its upwards move. Watch on its crosses too .
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Eurjpy and Audjpy looking for looks if jpy continue weakensHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
If Jpy is still showing weakness, then likely i am looking at both AJ and EJ to look for long opportunities
But do keep in mind if BOJ gonna dish out stuns on its interventions.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
USD - my bias is still up the upsideHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
technicals wise still healthy to go up, for majors i will be looking to go on short. Especially so watching on Nzdusd.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
[EDU-Bite Sized Mini Series] 5 Ways that you can trade Forex!Hello Fellow traders!
Welcome to another bite sized Mini series on forex!
I hope that these info can open up your interest in forex trading and understand more about forex market!
Trading in the forex market offers various opportunities for investors to capitalize on currency price movements and profit from exchange rate fluctuations.
One of the most common ways to trade forex is through the spot forex market , where currencies are traded for immediate delivery at the current market price. Spot forex trading involves buying one currency while simultaneously selling another, with the aim of profiting from changes in exchange rates.
Another popular method of trading forex is through currency futures , which are standardized contracts traded on regulated exchanges. Currency futures allow traders to speculate on the future price of a currency pair and hedge against currency risk (if any). These contracts have predetermined expiration dates and are settled at a future date based on the difference between the contract price and the market price.
Thirdly, venturing elsewhere , we can take a look at Currency Options !
Currency options provide traders with the right, but not the obligation, to buy or sell a currency pair at a predetermined price within a specified period. Options offer flexibility and limited risk, making them attractive for traders seeking to manage their exposure to currency fluctuations. Options can be used for hedging purposes or to speculate on future price movements.
Forex spot betting , also known as spread betting, is a derivative product that allows traders to speculate on currency price movements without owning the underlying asset. Instead of trading actual currencies, traders place bets on whether the price of a currency pair will rise or fall within a certain time frame. Spread betting offers tax advantages in some jurisdictions and allows traders to leverage their positions.
In addition to these methods, forex trading can also involve other financial instruments such as contracts for difference (CFDs) , which allow traders to profit from price movements without owning the underlying asset. CFDs offer leverage and the ability to trade on margin, enabling traders to amplify their returns but also increasing their risk exposure.
Overall, trading in the forex market offers a diverse range of opportunities for investors, with various instruments and strategies available to suit different trading styles and risk preferences. Whether trading spot forex, currency futures, options, or derivatives like CFDs and spread betting, traders should conduct thorough research, develop a solid trading plan, and employ risk management techniques to enhance their chances of success in the forex market.
Thank you for your time and hope you have enjoyed the content and if you do so please leave a thumbs up or a comment if you have any suggestions to make this better!
Do check out the other links if you missed out on the other parts of this Forex Mini Series i put up for all (FREE)!
[EDU-Bite Sized Mini Series] Various FX involved,Mostly..Hello Traders, here we go again!
Let me cover a little bit more on the next topic in this mini series, the various currencies that are involved and a little descriptions about them! Let's begin!
In the vast realm of forex trading, understanding the intricacies of currency pairs is fundamental to success. As a Full-time forex trader with years of live experience, I'm here to shed light on the major and minor currency pairs that dominate the market.
Major Currency Pairs: The Powerhouses of Forex. Normally most retailers trade these pairs as they offer higher liquidity and therefore tighter spreads.
Major currency pairs are the cornerstone of forex trading, encompassing currencies from the world's largest economies. These pairs typically involve the most traded currencies globally and offer high liquidity and stability.
Among the major pairs, the most prominent include:
1. EUR/USD (Euro/US Dollar): Known as the "fiber," this pair represents two of the world's largest economies, the Eurozone and the United States. It's renowned for its liquidity and tight spreads.
2. USD/JPY (US Dollar/Japanese Yen): Dubbed the "ninja," , the JPY or the YEN, this pair reflects the economic relationship between the US and Japan, two economic powerhouses with distinct monetary policies.
3. GBP/USD (British Pound/US Dollar): Often referred to as "cable," this pair reflects the relationship between the UK and the US, and it's influenced by economic data, geopolitical events, e.g. Brexit developments.
4. USD/CHF (US Dollar/Swiss Franc): Known as the "swissie," this pair is influenced by safe-haven flows, Swiss banking policies, and US economic data.
5. AUD/USD (Australian Dollar/US Dollar): Termed the "aussie," this pair is closely tied to commodity prices, particularly gold and other precious metals, as Australia is a major exporter of raw materials.
6. USD/CAD (US Dollar/Canadian Dollar): Called the "loonie," this pair is heavily influenced by oil prices, given Canada's status as a major oil exporter.
Minor Currency Pairs: Navigating the Market Beyond Majors
While major pairs dominate forex trading, minor currency pairs offer unique opportunities that should not be overlooked as well. These pairs involve currencies from smaller or emerging economies and could be less liquid than their major counterparts.
Notable minor pairs include:
1. EUR/GBP (Euro/British Pound): This pair reflects the relationship between the Eurozone and the UK, and it's influenced by economic data from both regions. In my opinion, this pair quite frequently range and sometimes it is termed as "mean reverting pair".
2. EUR/JPY (Euro/Japanese Yen): Combining two major currencies, this pair offers opportunities for traders seeking exposure to both the Eurozone and Japan.
9. GBP/JPY (British Pound/Japanese Yen): Known for its volatility, this pair attracts traders looking to capitalize on the economic dynamics between the UK and Japan. It is also one of the top favorite for scalpers.
10. AUD/JPY (Australian Dollar/Japanese Yen): Influenced by commodity prices and risk sentiment, this pair is popular among traders seeking exposure to the Australian and Japanese economies.
3. NZD/USD (New Zealand Dollar/US Dollar): Known as the "kiwi," this pair reflects economic developments in New Zealand and global risk sentiment.
4. CAD/JPY (Canadian Dollar/Japanese Yen): This pair offers insights into the commodity markets and the economic relationship between Canada and Japan.
In conclusion, mastering major and minor currency pairs is essential for navigating the forex market effectively. Major pairs offer stability and liquidity, while minor pairs provide opportunities for some diversification. By understanding the dynamics of each currency pair and staying informed about global economic developments, traders can unlock the full potential of forex trading and achieve profitable outcomes in this dynamic and ever-evolving market. And of course don't forget about your technical analysis!
Thank you for your time and hope you have enjoyed the content and if you do so please leave a thumbs up or a comment if you have any suggestions to make this better!
Do check out the other links if you missed out on the other parts of this Forex Mini Series i put up for all (FREE)!
Signing out!
STBB