Trendfollowing
COP - Energy stock resilient and on the moveConoco Phillips on the move. Two week minor pullback and breaking out.
IQ has always and will always, get all the praise; but discipline gets the job done ~Mark Ritchie
Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
GBPAUD scalp presents 👀GBPAUD short has alerted.
Trend trade identified and entered.
Working M30 timeframe on this strategy.
Trade details can be found on the chart in printed label.
Working to TP targets on the printed label.
Trade box is tracking the trade.
Looking for a quick scalp here on this pair.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
EURJPY quick long grab in progress ⬆️EURJPY long has alerted.
Trend trade identified and entered.
Working 2H timeframe on this strategy.
Trade details can be found on the chart in printed label.
Working to TP targets on the printed label.
Trade box is tracking the trade.
No let up in the Yen weakness.
Looking to bank 58 pips on this trend continuation.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
SHORT TERM TREND REVERSAL.This is an interesting chart. Price has finally hit some support from March of 2020. I think we're in for a quick push up indicated by some long tales at the support line, an engulfing bullish candle and a divergence on the stochastic and to a lesser degree the RSI. Price may be choppy over the coming weeks while the bulls and bears work things out. In the short term i think its likely to see a push up.
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EURCHF Bearish Continuation Setup!In Today's trading session we will be monitoring AUDUSD for a Selling opportunity in and around 0.68 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
EURAUD New rising trend line + 200 PipsWelcome back! Let me know your thoughts in the comments!
**EURAUD - 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
AUDCAD I Your Next Scalp, Intraday, and Swing MoveWelcome back! Let me know your thoughts in the comments!
**AUDCAD - 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
$LUNC possible Price movementSince its already reach the 3 leg and RSI is very overbought. it will surely do a price pullback for the 4th leg and then goes to the last leg of elliot waves.
Frankly, $LUNC price movement has been following the EW very accurately from first leg till the 3rd leg.
Note : not a financial advice and TAYOR
$ETH Forward MoveMight be the best time to acquire more $ETH and hoping for $ETH bounce after this pull back and make a new high.
But there is also a big possibilities of $ETH staying within the Purple Box till next year.
For Short Stint , perp plays is good and buying at current price and sell at previous high 2000USD is good enough .
Note : Not a financial advice and TAYOR
Trend change for GBPNZD❓Earlier on this evening UK time we had a buy alert for GBPNZD
Is the trend changing for this pair?
Trend trade identified and entered.
Working 45M timeframe on this strategy.
Trade details can be found on the chart in printed label.
All the TP values same in label as that's what I'm aiming for on this strategy.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
AUDUSD Potential Bearish Continuation!In Today's trading session we will be monitoring AUDUSD for a Selling opportunity in and around 0.68 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Dollar Index Up 5%The Dollar Index is up 5% since breaking above the resistance level at $103 in June 2022
and the buyers are looking strong for September so far.
Price was previously in consolidation between January 2017 and June 2022 and when
price consolidates for lengthy periods of time such as this, we can expect strong moves
in the direction of the breakout like we see at the moment.
There is a lot of clear space above price for it to continue climbing higher, so the buyers
may use this to their advantage.
This is the best time to look at the forex market, which has been sleeping for a number
of years now. Expect big long-term trends when markets come alive after a long period
of doing nothing.
If you like enjoyed this post, make sure to like, and follow for more quality content!
If you have any questions or comments, comment below. We reply to every comment!
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
USDJPY Up 11%The USDJPY is now up another 1% since the previous post, taking it to 11%
from the breakout which occurred on Apr 11, 2022.
We see a clear pattern of higher highs and higher lows, indicating that a bullish
trend is in play and as long as this pattern continues, we are likely to see further
moves to the upside.
There are previous highs above price but we can ignore these as they were
formed over ten years ago and are not very likely to act as strong levels of resistance.
We currently have positions in play for this forex pair and will look to compound
if the trend continues.
If you like enjoyed this post, make sure to like, and follow for more quality content!
If you have any questions or comments, comment below. We reply to every comment!
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
AUDUSD Prediction Ahead of NFP Report Welcome back! Let me know your thoughts in the comments!
**AUDUSD - 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
EURCHF 4 Hr. Intraday Short Set Up!Welcome back! Let me know your thoughts in the comments!
**EURCHF - 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
GBPUSD BIAS: SELLCurrently, the GU selling pressure is still high and there is a high tendency that this bearish directional move could last till the end of this week before a reversal could start to surface. The price is respecting the minor resistance level in the H4 chart, and the current candlesticks are turning into a bearish engulfing candle. A short trade setup could be made the moment it closes.
EURJPY Potential Bearish Reversal!Hello Traders,
In Today's trading session we will be monitoring EURJPY for a Selling opportunity in and around 137 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
BTC $24 000 retest BINANCE:BTCUSDT
BTC didn't break $19 000 support level. BTC is currently moving towards $24 000 resistance level.
In $19 000 - $24 000 range there are seen high trading volumes, what means BTC is in accumulation phase, which may be good news.
DXY Elliott wave planWe already finished wave 4, now going to finish wave 5 on 109-112%, it will drop down Btc bellow 19k and USDPLN above 4.915.1
Volume on higer timeframes already is low, that indicates the top of the wave 5 and near correction, volume on lower timeframes is normal, so the price can go giger to fill wave 5 at least at 110%
BTC trend analysis#BTC/USDT
$BTC broke down from the flag pattern and now is inside a strong descending channel.
now price is above the lower line of this channel.
🐻 break down the lower line from here can shape a head and shoulders pattern and drop price to somewhere around $16k.
but I think it's more possible to hold this support and has a sideways move here for several days!
then maybe another touch of lower line and after that attempt to break out middle line to touch the upper line of the channel.
Us30 Crucial PoiI personally believe that Us30 has retraced enough and there are valid reasons why I'm thinking price will push down and make lower lows. Price has delievered and liquidity has been taken. If you followed my previous analysis you might have even profited.
Good Luck!
KNC crossing up on 4hr ST Daily ST still longIn spite of our last mini crash KNC is still above it's daily trend signal. Looking strong this weekend and headed for new highs soon.
