Lat weeks update Recap! (Monday)Hi guys, due to a few circumstances i was unable to post much last week about any positions that were taken throughout the week.
However we did have a beautiful week on the markets here at forexinsightsuk and i will update all positions that were taken on my next few posts.
Monday we took a position on GBP/JPY which took a little while going into profits, but we eventually manually closed out of this trade at a massive +70 pips.
we took small losses on AUDCAD & AUDUSD. We were down roughly 50 pips between the two trades but was still in profit for the day.
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EURUSD: short opportunityHi Traders,
This is my view on this cross for the next few days.
#EURUSD
SELL 1.19350
SL 1.2015
TP 1.1744
First, wait for the price to break and retest 1.1934 level
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Trading Kitchen
GBPCAD OFF TO A GOOD START!A solid week setting up here at forexinsightsuk. We've entered a couple of trades this morning, all which will take a little time to play out but this is by far one of our deepest running live trade at the moment. GBPCAD has started melting with our analysis and is currently sitting around +30 pips in profit.
We will update all our positions and entries as we go through the week.
For now we're going to patiently sit, wait and watch our trades make progress as we go into the evening.
Happy Monday guys, and good luck.
GBPUSDAs I said last week ..exactly as I said last week GU hit the area of the trend line from where it had a very high rejection that will continue in the next period until the area 37680 where it will have a small rebound and if it manages to break that area will go down 1000 -1200 pips in the coming months! (we will show this aspect in the next 1 week chart)
THIS WEEK... GU rejected as I said and is heading towards the very strong resistance area 1.37800
From that area, technically it should reject and rise again 200-300 pips from where ... DOWN AGAIN to 1.35 in the first phase and 1.27 in the next period!
NOTE: this pair may be influenced in the short term by any news
GREAT ATTENTION: Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
Please, give a LIKE if you find this idea useful!
NASDAQ: my multi-timeframe overviewHi Traders,
This is my view on this cross for the next few days.
#NAS100
Wait for the structure to be created and retested to go short
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Trading Kitchen
AUDJPY +50PIPS PROFIT TAKENOne of our last trades that we entered here at forexinsightsuk early hours yesterday was the AUDJPY. This trade took off just how we wanted it too but never finished the way we'd liked. We manually closed out of this trade 50 Pips in profit as we were encountering a pull back which indicated to us a slow down of bullish momentum. We didn't want to risk loosing any profits considering the week that we have had. Therefore a wise move was to close out in a comfortable position without the fear of holding and loosing.
We are currently searching the markets for another setup today, but unfortunately nothing is jumping out at us at the moment so we won't force any trades. We will keep you updated a little later on whether we enter any positions.
Good luck and have a great Friday Guys.
GBPCHF TP1 HIT (65 PIPS)Another trade that was executed this week here at forexisnightsuk. GBPCHF tapped our TP1 and then continued momentum towards our TP2 target. We thought that our TP2 would be activated but instead it had a major drawback and we cashed out a further 55 Pips on top of the 65 pips we had from TP1.
So overall a good little trade that was well executed and taken advantage of.
All together we received roughly 120 pips on this trade alone.
USDJPY TP1 & TP2 HIT! (215 PIPS) !!Apologies on the delay of posts this week guys, we have had a busy week with other commitments outside of the trading world.
nevertheless we have not yet encountered any loosing trades this week and its fair to say we have taken advantage of the beginning of this month. This is a trade that we entered here at forexinsightsuk at the beginning of the week and yesterday we reached our Take profit 2 target shortly after smashing through our TP1. This trade gave us a total of 215 pips which is absolutely crazy to say the least.
As always we stay humble and we stay consistent.
Happy Friday guys, and well done if you also caught this trade.
USDILS good pattern on a DailyHi Traders,
This is my view on this cross for the next few days.
#USDILS
Waiting for a strong breakout of the structure and the retest of the structure itself to go long
SL few pips below the lowest low and TP on Risk to Reward 1:3
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
EURZAR LONG on the structure area retestingHi Traders,
This is my view on this cross for the next few days.
#EURZAR
BUY 18.067
SL 17.837
TP 18.5
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Trading Kitchen
I'm short on AUDUSD - 4h timeframeHi Traders,
This is my view on this cross for the next few days.
#AUDUSD
SELL 0.78
SL 0.79
TP 0.76
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Trading Kitchen
GBPAUD SETTING UPHi guys, and happy Thursday to you all. Markets are a little slow today and we are not currently in any trades at the moment. The only pair that is setting up rather nicely out of our watchlist for this week is the GBPAUD pair. We had a breakthrough last night and we are currently waiting for a retest which will give us confirmation of price continuing in a bearish momentum which could potentially form a downtrend and eventually hit our take profit level.
But as ever we are not forcing any trades and we are definitely not going to rush into anything. We have made serious capital gain within the last few trades and we're not willing to throw all the hard work away by forcing something that isn't quite there yet.
We will keep you updated a little later on whether this trade came into our favour or not.
As always, staying humble and staying focused for now.
Good luck traders, have a great day.
AUDUSD Forecast 01 03 2021AUDUSD Forecast 01 03 2021
Last week the price touched the resistance line 0.7989 and after that it collapsed.
During the growth, it managed to break through the resistance line 0.784 and the level 0.777
after which it still stopped at the strong support line 0.771. This support line, like the rest of the lines on the chart, has existed on the chart since spring 2020. Therefore, it is not surprising that the price returned from it to the support level of 0.775.
After such a sharp drop, there will definitely be a corrective growth and I expect the price to rise to the resistance line of 0.787.
EURGBPAs I said last week ... a close even for 1 day below the 0.87150 level will force me to think about SELL up to the Fibonacci 786 level and ... UP AGAIN
THIS WEEK...UG closed below Fibonacci 618 and is heading towards the strategic area ..Fibonacci 786 + trend line + a very strong support formed in recent years and from there ... UP AGAIN
however....If it closes the month below the Fibonacci level I will see a change in trend and then I will look for SELL!!!
NOTE: this pair may be influenced in the short term by any news
GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL!
we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!*
*This information is not a Financial Advice.