KnowledgeAndProfits

KnowledgeAndProfits Updated 

BIAS : LONG REASON: Based on the daily price has rejected strongly off of a support level. Based on the daily price has created a new high and this is the first new low for this high. We may potentially see push up from this current position. On the 4HR there is a retest of the daily support level as well and bullish candles that are confirming to me a move...

KnowledgeAndProfits

Currently in profit.. Lets hope we stay this way. BIAS : LONG REASON : Newer lows were failed to be created on the daily and previous highs & lows were broken- backed with an engulfing bullish candle and followed up by small closed daily bullish candles. This is an indication of bullish volume building up. Also notice that we are currently on are way to creating...

KnowledgeAndProfits

We are looking at CHFJPY for a buy. BIAS: LONG Reason: On the daily we are seeing that price is rejecting to fall lower with long doji candles and long wicks to the downside. This tells me that price is having issues making lows. The most recent candle is a bullish candle that engulfs a few of the previous candles. This tells us that there seems to be volume in...

KnowledgeAndProfits

Knowledge & Profits OK Here we go again. These trades are all trades that i'm placing as well ok so i'm confident with these set ups ! BIAS: BEARISH WHY: Prices has failed to push above 1.32500 and close significantly above. We are trend traders and this seems to be the beginning of a new bearish trend. After 7 days of rejection we are finally seeing a a strong...

KnowledgeAndProfits

Knowledge & Profits Ok Followers - We're looking a USDCHF and the bias here is bearish! And here is why... Price fails to push higher on the weekly time frame. We're only seeing big wicks to the upside while candles continue closes next to each other. Almost seems like consolidation on the weekly time frame. Now to the daily we can see that price is engulfing...

KnowledgeAndProfits Updated 

Be careful buying - CADJPY

KnowledgeAndProfits Updated 

Knowledge & Profits We are officially in a sell for AUDCHF 22/09/19 This trade is based on the daily time frame and my personal trading algorithm design by the help of "Nononsense Forex". We are trend traders therefore this trade is expected to be a new push back into a downtrend. Let see if this is another win in the books...

KnowledgeAndProfits Updated 

Knowledge & Profits Be cautious buying. A bearish Butterfly Harmonic Pattern has just successfully completed on the DAILY Chart and these patterns are said to be 80% accurate. We can already see a strong bearish candle with a wick to the upside. Big wicks = Big Clues LOOK FOR SELLS...