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Usdzaranalysis

PULL YOUR PANTS DOWNWe can see marked out on the chart a strong area or support and resistance, we are expecting price to make its way into this zone and when it does we will be looking for a buy... Patients is key in trading and if you don't have any the markets will pull your pants down and shove a rather large hard object somewhere that might hurt. In this game if you rush into trades you might as well just burn your money ( or give it to me as burning really is wasting it ) my bank details can be provided on request ;p Just remember not to chase trades and instead let them chase you... a little bit like playing kiss chase as a kid, you didn't want to chase the ugly kids ( bad trades ) but if the good lucking kid ( good trade setup ) came after you then you would suddenly forget how to run and take the kiss ( pips/ money ) like a trooper haha. I know I have an unorthodox way of explaining trades and setups, but I'm just trying to make things more fun, so I hope you like them :) If you like my style then drop a comment in the comment section and let me know.
Short
by ApexFX_Pro
PULL YOUR PANTS DOWNWe can see marked out on the chart a strong area or support and resistance, we are expecting price to make its way into this zone and when it does we will be looking for a buy... Patients is key in trading and if you don't have any the markets will pull your pants down and shove a rather large hard object somewhere that might hurt. In this game if you rush into trades you might as well just burn your money ( or give it to me as burning really is wasting it ) my bank details can be provided on request ;p Just remember not to chase trades and instead let them chase you... a little bit like playing kiss chase as a kid, you didn't want to chase the ugly kids ( bad trades ) but if the good lucking kid ( good trade setup ) came after you then you would suddenly forget how to run and take the kiss ( pips/ money ) like a trooper haha. I know I have an unorthodox way of explaining trades and setups, but I'm just trying to make things more fun, so I hope you like them :) If you like my style then drop a comment in the comment section and let me know.
Short
by ApexFX_Pro
USDZAROn the chart above, we have an unfolding pattern , my recent new favourite pattern called the Quasimodo Pattern. Reasons For Entry : - Currently Trending About The Demand Zone - Local Low Broken - Lower Low Forming Wait for the breakout off the Resistance for the Lower Highs of the current bearish skewed rectangular trend then enter to BUY towards the QML area to sell. OR Place the Sell Limit order. Everything Good Yearns Patience And Time Disclaimer: Trading stocks, commodities, futures and forex has a level of risk and may not be suitable for all investors. This Page has many charts to show setups and patterns for illustrative purpose and no set up given should be taken as a recommendation. This is purely what I see in the market, trading the setups is at your own discretion and risk. #TheGreatestMarketAnalyst
by TheGreatestMarketAnalyst
USD/ZAR Long Term - Possible Golden CrossSee trade idea below with analysis and comments. We saw that price bounced off the 61.8% fib level, and took off on a bull run. It retraced very recently to the 50% fib level and appears to be taking off again. We can look at the daily moving averages (50 and 200) and see that the moving averages are crossing, possibly to the upside. This would be a potential Golden Cross. Given the economic climate I think we have more room for this pair to move to the upside ON A LONG TERM BASIS, reaching previous highs, especially as we get closer to the May elections. We will see pullbacks, but long term I believe we have more room to the upside. This idea is for demonstration and educational purposes only. Trade at your own risk. Please like and offer comments. Please also see my previous analysis, linked below. One analysis is short term, and the other is long term. Again, I believe we will see movement to the downside, as pullbacks but overall, I would expect to see much more movement to the upside.
Long
by mrsceleste
USD ZAR SHORT.... like my temper ;pYou can see we have a well respected trend line and a strong resistance level, currently price is nearly at these so we can only see price movement to the downside. Again look how clean and and clear we keep our charts... remember simplicity is key... F#ck all the so called GURUS telling you that you have to use 200 indicators and follow there holy grail strategy that they have got FREE off the internet in-between w#nking off to p#orn in his mums basement!!!
Short
by Apex_Gregg
Short like Danny DeVitoAs we can see there is a strong resistance line on the 4h chart ( pointed out by our purple arrows ) and we also have 2 very strong trendlines formed ( pointed out with red arrows is where price has respected these ) All analysis is pointing south of the border with bears well in control, we are expecting price to continue respecting this resistance level and our trendlines, so we are in a short position at the moment.... SL and TP are reserved for our clients. Although we are in a sell position we will be keeping a close eye on the break of these 3 important levels as a break of these could see price suddenly push higher.... and we always want to take advantage whenever we can :p
Short
by Apex_Gregg
2
Going Balls Deep13.46895 is a key resistance level that will be respected, and with the 2 added trendlines ( purple arrows are where price has previously touched and respected these lines ) we can see no other direction other than down with this pairing, so we are in a sell position at the moment but we have a tight SL just above our resistance level just incase resistance is broken. Sometimes with such a strong setup you have to say f#ck it and risk that tiny bit more.... Go BALLS DEEP ;p And yes we do expect you to take us for a drink if you take this trade haha.
Short
by Apex_Gregg
3
USD/ZAR Bounce or Break? For now watch price action!Please see my previous analysis on this pair. If you followed this idea, hopefully you protected your profits along the way before price reversed close to the retest of the trendline. As with any trade idea, we have to watch what the market is telling us and follow suit. We can see clearly how price is respecting trendlines on a larger time frame (highlighted in red). It's key to watch and see if price will bounce off or break the trendline as noted. We must also note fundamentals as well, and the state of the South African economy. This pair is one of my faves! It pays out nicely and is worth the study!
by mrsceleste