Easy_Explosive_Trading

Easy_Explosive_Trading Updated 

So, I got a feeling someone else recommended this trade, pasted is the monthly chart of GBPAUD. We see here on the monthly a bearish Double top & moving back to the Weekly price can be seen to be moving down the slope, somewhat. If you look at the 4hr, 2hr you will see that price has been in a rally to the longways. But that rally is over. On the 60m, 30m you...

Easy_Explosive_Trading Updated 

Price is down around 2620 after Gold tested 2600 level again or close to it. Perfect alignment with 38.2% Fib levels from the 14 Nov Low. So maybe a fake bounce here and then that final 38.2% down to 2536. I would not be suprised. I finally got a short down to this level. Small lot size but it does not matter, Gold / Silver are penny-pinchers and don't like...

Easy_Explosive_Trading Updated 

I think that gold and silver might've found a bottom in their correction. But really the movement in this buy long in silver is non existent, a similar story with gold. But London and Europe will be opening in the few hours ahead as the Australian session comes to a close, hopefully theres a few silver and gold buyers that can pick up the momentum a bit in...

Easy_Explosive_Trading Updated 

I did not muck about on this one. Price lifted not long after the open to a higher high. AUDCHF is in a longterm downtrend as seen here in the weekly chart, so you would be forgiven for thinking I had rocks in my head. But an instrument has to turnaround at some point right. Anyway I will break it down with more charting and keep you posted on the ongoing analysis.

Easy_Explosive_Trading Updated 

Hey, I was going to try not to write anything today, but it seems when you got 'the-bug' its' a bit like overtrading. Hard to stop. But therein is how I trade less without compulsiveness, I write about trading and although some of it is self-serving, most of my writing is not geared that way, but I try to help and provide an occasional good setup to trade....

Easy_Explosive_Trading Updated 

I am not preempting anything because I think the banks are selling into this and the market-haters are trying to take out stops long so that the market continues to fall and more liquidity at lower levels. However, value occurs at some point. I also like the bullish RSI divergence and the oversold nature of gold seems to be coming to an end perhaps. The daily...

Easy_Explosive_Trading Updated 

Gold has sold off but its accumlating with buy orders around 2630 and holding on 10 second chart.

Easy_Explosive_Trading

Silver is usually a bit more expensive to buy than gold, but this also compounds the profits. Look at this daily chart with white line 200ema. This is the chart that screams buy at these low levels in Silver. Use a stop loss just under the low today 30.04.

Easy_Explosive_Trading Updated 

CHFJPY gets a bounce very recently on the 1HR chart, a strong support level on the 1HR for this pair, historically. Now, it's had a bounce to some overhead resistance you will also see on the 1HR. Lets' drop to a 10 second chart and see if price is getting a welcoming to move higher or is it being rejected to move lower with the bears 172.6527

Easy_Explosive_Trading Updated 

You could definitely do well shorting the EURUSD pair today, but even more lucrative is probably to go short on the EURGBP currency pair. Why do I make this call? Because it is imho more bearish than EURUSD at present, because unlike the latter which will probably have a bounce intraday at least during the start of the Asian session, bears will move in at...

Easy_Explosive_Trading

RENUSD Crypto, up and coming, incredible momentum and bullish price movement on high volume. Take a look at the bullish daily chart, structure strong with double bottom holding easily, checkout the uptick in volume recently. I said i could not find any faults with this one. There is one. The bid ask spread is a little wide, at least with my broker, but I also...

Easy_Explosive_Trading Updated 

On the 15m chart you can see the current blue candle 15m pink vertical line indicating time/date (I'm in Australia), I had this red line marked as a resistance price and above this price RUNEUSD should continue to breakout more. Up 6.5% so far today, a good day for a Crypto can be 20% to 40% so early days. I will wait for confirmation of a breakout of this...

Easy_Explosive_Trading Updated 

HTF to LTF high/low analysis of the dollar index the USDX. It was interesting to see the gold price rally as the USD$ continued to breakout this week, the dollar's prior weeks volume was massive but its petered during Friday (yesterday) after failing to close higher than the last known candle at this price level 108.33 on a day back in November 2022....

Easy_Explosive_Trading Updated 

Be wary of any tipster subscription service that is too lazy or too inept to give you some reasons for taking the trade. Look at the mess of GBPUSD now. Fools who thought the USD would not continue to rally this week, either because they don't have a clue or are too arrogant and lazy to pull the USDX chart apart. Mute them and move on. This is a chart of a...

Easy_Explosive_Trading Updated 

Gold and Silver are up nearly 2% already. Topping formations are noted on lower timeframes. PMI & Inflationary expectations in the data coming up. I think Gold price could pull back in the next hour or 2 as there is weakness below 2697 (red line chart). Price will probably pick up support after a maximum of 0.5% drop to green area in chart. I think buyers...

Easy_Explosive_Trading Updated 

Daily & Weekly Below Late last week and earlier this week, some traders & price predictors were giving their big 'scoop' about the Dollar correcting going into the start of this week. I didn't really buy it and here is why. I knew that there was no real recent resistance for USDX at these current levels. In fact, absolutely nothing for 12 months. I could...

Easy_Explosive_Trading Updated 

Thought I would briefly describe this long trade i entered in RUNEUSD about an hour ago. Volume levels are about average for Crypto, it is now aligned perfectly on the 2ooEMA Daily. Price has moved back on me a bit. But I think it might go okay from here,

Easy_Explosive_Trading Updated 

Credit to SetupsFX for finding this one earlier. Price has swept back a little , but I have detected the breakout on 1m timeframe. Price is moving bullishly via these yellow volumised orderblocks.