Hope you've all had a great week and all keeping safe! Here is a nice little setup spotted for next week. Here you can see a nice structure zone on the 1hr timeframe, taking a fib from the high to the low we can see that price lines up nicely with the 50% fib, 1hr bullish trendline and structure zone. 4 confluences that price should see some movement up next...
As you can see from our post last night, we were waiting on that impulse move up and then we short the pair. Nice looking setup here. Let me know if you followed!
Nice setup here. I initially anticipated that this was going to be a long however as price was a strong bearish movement so we waited. Now we can see the break and we are simply waiting for price to come and react off the 38.20% fib and then we will join the bears
Are you ready for a second lockdown? The likely hood of Boris announcing a second national lockdown is high. Many people and business will now again unfortunately, be out of work for god knows when. This is the time where I'm glad to have the luxury of online income. Being able to control my own time and money. Come and have a chat let's get you where you need...
This analysis is purely just assuming on how the trade is going to play out. If you look to the left you can see these key areas of interest which are leading me to believe we may have this sort of play on this pair now we have seen a clear break of this bullish trendline. Let's wait and see what this week brings.
I've been back testing this pair for quite some time over the Christmas period testing strategies that play well etc with some nice results. If you are interested then drop me a message. This is purely an idea at the moment with a bit of back ground for you all. We have found some nice levels of clear support which I have outlined and what we may have recently...
Morning everyone, Hope you've all had a great Christmas and ready for the year ahead! Little break down of what I'm expecting on GBPJPY, you can clearly see that price reacts from this level of 141.232. If you add that line in your chart you'll see that further back that this level is strong. From this and from the stochastic showing us that price is beginning...
Normally i don't like to trade this time of year but after spotting this break out of the short bullish trend line I've decided to take a short term trade. Hope you all have a great new year!
EURUSD has been respecting this level for sometime. Now we are seeing a break and looking to trade off this. Let's see how this goes ;P
Nice market breakdown as to why I'm taking this trade for you all. If we were to look on the higher timeframe on the 4hr you will see this pair has been bullish for some time now. We have witnessed a break of this trend and a nice impulsive move down. After the push down we saw a very strong impulsive move back up showing us a reversal. This is what peaked our...
Some times all you need is some key structure zones to give you a trade. Take this chart for example. on the 1hr we can clearly see price reacts in this zone. Easy stuff ;P
Let's go. Fundamentals pushed this pair into a lovely structure are. Rejected the 61.80% Most trader's will wait for the next candle closure before getting entry. Why? This candle could push 60 odd pips and make you need to have a huge stop loss. Don't believe all of what you read on the internet. Still no deal with EU so chances the £ is going to continue to...
Lovely setup here for AUDNZD on a daily timeframe. 3rd touch into this trend with the stochastic showing it is overbought. Possibly look to get into this straight from the open and sit on our hands and let this one do it's thing. Possibly looking at around a 35 - 40 pip SL on this depending on where we open.
Typically the finally week of the year we have low volume but we also expected that last week so don't be fooled ;) Here we can see buyers still have power here, what we can expect is a slight pull down to around 38.20% and then we can look to get involved in this trade.
Nice short term setup here. We can see the 1hr bullish trend has now broken. Adding a fib into this you can see we had a nice impulsive move up and then price rejected the 61.80. Price then followed with a nice bearish closure under the 50% so now we have got in on this test. Let's ride this down with a tight 10 pip SL
Here we can see that UJ could react to this technical analysis. This will be a short term tight SL trade with a stop loss of 11 pips. Reason behind getting in to the trade is DXY is on the drop. Nothing is seeing that coming back just yet. That, along with the trendline and the fib in place we can look to get in on this nice level here. Sell limit in place for...
GJ has been pushing all week but has now started to show some stalling as it has reached a nice level of structure. We can see this smaller 1hr time frame that the bullish trend has now broken also. Let's ride this down.
Sent this last night and now we have reached the final target. Quick 50 pips can be all you need to make that weekly target. Happy trading guys