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Usdzarshort

PENGUINS PLAY WITH SOUTH AFRICA :) USDZAR 7/12/2019 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!
by Snipers-Academy
USD/ZAR LOOK LEFTAs we continue our price action study (see links to related ideas below), we see that price is lingering at a key zone in the market. Looking left we see the market open gap from a couple of weeks ago, which seems to be a market favorite spot. Watch price action to see how price responds to this zone..will it continue beyond this? If so I would expect to see higher prices. Will it strongly reject this area? If so I would look to go short to the key level as noted. I am inclined to believe that price will short given price action thus far but, you must study price action along the way. If this idea of a short is wrong, its OK. It is not about an idea being right or wrong, as we are not fortune tellers. The market doesn't care what we think. Rather it is how we REACT to what we see which is important. We cannot assume that price will go long or short when it reaches certain zones, but we must study price action at and around key areas in the market. Please refer to my previous linked ideas for continued study. Would you like to take a deep dive with me into this pair and maximize on your profits? Join me for a one hour webinar where we will study this pair in depth, including key levels, key zones and fundamental analysis. Visit www.celestefrederick.com for details and to reserve your spot! Price is US$30! This is for educational and demonstration purposes. Be sure to follow me on TradingView and Facebook. Also visit my website below for mentoring opportunities as well as the webinar.
Short
by mrsceleste
4
USD/ZAR Continued Study - Refer to Linked Post and Read CommentsAs the title reflects, this post is for demonstration and educational purposes only and does not constitute a signal to buy or sell. I am labeling this as a short for now. But we know this can change all on price action. Explanation of my inclination is below. Please refer to my linked post below to get an overall idea of this study. As we continue to study the technicals of this pair, and as we study my previous post (linked below) our outlook on buy or sell can change based on price action. Technicals always overrule any fundamentals. Although it's good to keep the fundamentals (news and such) in mind, its always best to study the technicals (charts and price action). The charts and price action leave clues. A few things to note of special consideration: We had swift bearish push of price down after strong impulse. The impulse was mainly due to news of finance minister speech. The market reacted swiftly over the next few days by bearish momentum, even including opening the market last week leaving a gap from rapid push down ( news - Moody's credit rating was a contributing factor) If we look at overall market structure we can see overall what has been happening over the past couple of days may very well be a price retracement or pull back to the 61.8% fib level (the golden ratio) We see an ascending triangle forming, and if confirmed this could mean we could see bearish momentum continue to the next key level. We see what could see now on a lower time frame may be a small impulse down and an attempt to re-test the recent high One thing we have to keep in mind is that we cannot assume that the gap MUST be filled. It may fill eventually, but we have to look at what price is actually doing. Given this I don't see any reason right now where we have reason to buy. However, this could change based on price action during London Session and the next New York Session. Price would have to have a sharp bullish impulse for me to consider opening an buy position. Until I see a nice bullish impulse I would not be inclined to open any long positions. Price action at the key levels as noted are key to observe to make final determination. I am now offering one-on-one mentoring sessions at a very reasonable price, mainly for my time, to help students of the market learn to read price action and consider trading decisions. Please inbox me for details. Happy Studying! Please always use proper risk management when trading any pair and also use your confluences before entering any trade.
Short
by mrsceleste
2
USDZAR Still SHORT but Watch Out Trendchange LONG to comeHello to all watching my charts. Here in USDZAR we have a nice chance to get a look at a trend change to long. The pair is still SHORT (in my blue longtime shortchannel) but has been made a nice Long try in the shortterm green channel as well and now: Watch out 1. the red marked line and 2. the blue resistance line in the range 14.68 Both lines have to be skipped and than we have a nice Long. Please check that and have an eye on it. If you want to know more about my trading style send my a mail. Good trades Renkotrade
Short
by Renkotrade
1
USD/ZAR Possible Short Sell Set Up - 100 pipsThis idea is for demonstration and study purposes only and does not constitute a signal to sell. On higher timeframe we had wick rejection at key level in the market. Price had bearish run today, short -term, and appears to be re-testing trendline for continuation/drop to the next key level. This study is for zone to zone with no attempt to guage movement of the market long term. Price action will tell us along the way. Always study your confluences before entering and use proper risk management. If you enter this trade, you do so at your own risk. Please feel free to like, follow this idea, and offer comments. Link to Facebook and Instagram is also below. Feel free to follow.
Short
by mrsceleste
1
USD/ZAR possible sell during London Session TonightThis trade idea is for demonstration and educational purposes only. It does not constitute a signal. Study price action and use confluences to confirm before entering. USD/ZAR has pretty strong area of resistance overhead; price could be due for a pullback to the key zone as noted; moving average possibly serving as dynamic resistance. We see bearish push down and what appears to be re-test, although this must be confirmed with candle close. As always study your confluences before entering and trade at your own risk.
Short
by mrsceleste
2