Hello Fanatics! Today is NFP, which is usually a low-quality day to be trading. We never know what is going to happen. My tip is to wait for the news release to be out and only then look to flow with whatever the market is showing you. Today, I am just testing this video recording and sharing a quick idea on EURUSD. Based on all the timeframes - we are stuck...
As expected and shared in my Weekly outlook and setups, EU was moving in an amazing bullish manner this week! It always gives perfect 50% pullbacks and then reverses for a new HH. Currently, we are about to make a HH, but as you can see on the main 1H chart, we have failed to do so. I consider this to be just a ''reaction''. A little pullback on the 15M is needed...
My favourite pair has been really nasty this week. Only Monday provided some great short setups, but I didn't have the chance to trade on that day. Tuesday was a complete mess. Of course, there were some little scalps, but nothing worth taking. We are having a lot of speeches this week, which I believe are causing that consolidation. Furthermore, the Monthly...
We had a lovely drop during FOMC, but the market failed to continue and break the indicated Daily Low. We have seen a sharp recovery and an overall bullish market structure. Therefore, I believe even today we can either continue with that bullish sentiment or just range. Of course, we can have a bearish price action and a much deeper pullback that what I...
As you can see, since the 20th of September, the market has been ranging and generating liquidity for the FOMC to go smoothly and trap all sellers and buyers. We can right now see that the momentum is to the downside. I have annotated with a W1H what I think to be the potential Weekly high, so we can be expecting new Lower Lows from now on. The potential level...
EURUSD has made a beautiful leg down on the 4H and on Monday (yesterday), we initiated a pullback phase. 1H has already changed and I am looking for potential longs into the 4H sell area, which is above 50% of the overall leg! I also share some long zones on the 15M:
Having a quick look over the pairs I trade and follow up of the Weekly outlook and setups. A lot of potential setups pending, so monitoring closely. Expecting a reversal on NZD/USD, AUD/USD and if we manage to reverse on those pairs, I think EUR/NZD would be a nice reversal trade as well. All of them covered in the video! Let me know if you liked it and if I...
Hello traders! After a huge drop and a fake break of Buy Zone at 1.15530, the pair started to gain momentum. The 0.5 FIB Level proved to be a significant level after the price struggled there and fell to 0.38 FIB Level. I believe that the price will now reach 0.61 Fib Level or enter the blue supply zone. A short position is appropriate there if we see a...
Two possible moves for the major pair next week. I've made the key sell and buy levels, so the postitions will be opened in accordance to how it starts moving in the beginning of the week. On Monday - Germany, Switzerland and Canada are celebrating, as well as some parts of Asia on Tuesday. So the key moves would be around the middle of Tuesday and the...
Waiting to see the reaction when it touch the support line (109.900). Expecting it to bounce from there.