UnknownUnicorn6441570

UnknownUnicorn6441570

We can see on the daily that the daily bullish trend that we were respecting broke and now we have continued that drop down. On the 4hr we have a nice level of structure which when we/if we break below this structure we will look to get into a short position and ride this trade down. Any questions let me know, let's get you where you need to be before next...

UnknownUnicorn6441570

So, if you look back at our previous buy position you'll see we made a nice trade off this pair. We are now approaching this nice level on the 4hr time frame where we can see a clear level of respected structure. When we reach this structure we can see the pair starting to make a pull back down and then we should see a break of this little 1hr bullish trendline,...

UnknownUnicorn6441570 Updated 

As you can see from the chart we have taken a nice buy position on this pair. We have the bearish trend which has been respected for some time now on the higher timeframes. This broke out and it was a matter of time before we saw some action to get involved in the next trade. We can see on the lower 1hr timeframe we have created a nice little bullish trend which...

UnknownUnicorn6441570

We saw a nice 50 pips from our previous trade and adjusting the fib we have reacted nicely off the 50%... again. So, let's see some more dollar power and take this pair down again. Lowered the risk on this one as we have already taken a profit out of the pair. Forex is all about managing your emotions in the trade. If you need a hand, drop me a message. Let's...

UnknownUnicorn6441570

NU is showing good signs that we should see price come down. There is a very strong level of 69107 which we can see recently broke buy price couldn't stay up there (higher time frame) on the 1hr we can see a nice drawback from this bearish run so we have added a fib and this level is ever so slightly off the 50% fib so this gives us a nice place for a sell order...

UnknownUnicorn6441570

Here we can see a nice break of the bullish trend and price has found support here. adding in a fib we can see if we get the drawback we expect we'll have 3 confluences to get into a short term sell position. 50% fib, structure just above this fib level and a retest of the bullish trend. let's be patient and see how we get on

UnknownUnicorn6441570

EURAUD didn't quite reach our previous buy limit annoyingly as it has flown since our last analysis! but that's forex so don't just trade because you've missed out be patient. We can now see a slight retracement on the pair allowing us to get into a short term buy. A little lower than the 50% fib we can see a nice support level that we can use as our next level of...

UnknownUnicorn6441570

Slightly different set up to my usual way of trading but this looks to be a nice short-term buy to get into. I normally prefer a higher timeframe trade on the 4hr and daily chart as it shows a much bigger picture of how price is doing. However, on the 1hr we can clearly see this is currently a bullish run up. We have broken a nice level of rejection and now...

UnknownUnicorn6441570

We can see a nice level of structure has been found recently here. If we can get a pull back in the asian market then we can look to take a buy position from here.

UnknownUnicorn6441570

Here we can see EURAUD is slowly coming down to this next level of support where we can look to place a buy order and let the market do it's thing. We'll probably look to set this and let it react overnight and see some movement in the morning. If you need any help give us a shout

UnknownUnicorn6441570

Price has made a nice push up to our expected area so now we have taken the trade. conservative 30 pip stop with a nice reward.

UnknownUnicorn6441570

Here we can see NZDUSD is looking at coming back to this daily support level. If we see price come back to tests this then we will be looking to get into a short position on it.

UnknownUnicorn6441570

Here we can see price again coming up to retest this nice break of a trade along with a nice bit of structure. Here we like to keep things clean and simple! If you need a hand with your trading come and have a chat

UnknownUnicorn6441570

Here we can see a level little 4hr structure area where price has previously reacted. If we add in this 4hr bearish trend we cams ee this previously broke out and we are now looking to test this level along with the 4hr structure. Good opportunity to join this long trade. Come and have a chat if you need any help

UnknownUnicorn6441570

we have a nice level to look at here to get into sells. We've had a break of trend and now we are waiting for the retest which should happen around this structure zone we have marked. Wait for price to push and then get into a sell.

UnknownUnicorn6441570

If we take a look at Gold here we can see a nice level of structure down here so should price continue down we will get into a nice long position and buy the pair. Always be patient with gold and use correct risk management as it can, and will destroy your account if you get too emotional and hold a losing trade for example.

UnknownUnicorn6441570

NZDCHF - We can see we have broken out of this 4hr timeframe where we can now wait for price to retest for confirmation that price will reverse down. A nice confluence level to this trade will be 0.61122 as we can see a nice rejection zone recently. We just need to keep this in the watchlist and see how the market plays out. Patience is key to trading, it is...

UnknownUnicorn6441570

You can get all our Sunday analysis and group information. Drop me a message! I am personally showing you do not need a huge account to start forex, starting with £200 and growing it. message me to follow my progress USDCHF, another dollar pair we are looking at this week. We have come into a lovely rejection area where we expect to see price make a U-turn and...