Hey guys, i hope everyone enjoyed their weekend. Just saw a very nice cycle on the 4h EURUSD chart. Please be aware that this is for educational purpose only. You can see how ever short term trend is starting with a divergence and has two correction waves (marked in yellow boxes). After the first wave down there is a reset (marked in the grey box) with another...
Hey guys, wishing you a nice Monday. Been watching the AUDNZD for a while now and looking for buy opportunities. After completing a short setup, price formed a divergence on the last low and is now forming a higher low on the fib levels. When the confirmation of this level holds, this will be a clear trade for us to enter. Would love to hear what you think in the comments!
Hey guys, here we go again. Im thinking of publishing every trade i take here for a time from now, what do you think about it ? Leave a comment. Today in US Market Session we entered a buy on NZDUSD. Above you can see our analysis on this pair on the 4h timeframe. Price formed a support zone (marked in the grey box) - even on the daily. The lowest low is a fake...
Good morning everyone, we are looking at the current price of the GBPJPY pair. As you see price is on a major 4h trend line right in a consolidation zone there (marked as always in yellow boxes). Also on lower frames like the 1h it formed a nice reversal candlestick wick down and this is were we entered. It was like 30 minutes ago. Please be aware that this is a...
Hey guys, how is you Monday going ? I just spotted a nice short setup on USDCHF in the 4h timeframe. You can clearly see how price retested the resistance zone (marked in grey) and formed a divergence right there. After 3 waves of rise from the last lowest low, we expect price to break the upside trend line and correct to at least the 0.5 fibonacci level. We...
Hey guys, Checking the EURUSD right now, which is sitting on a very important zone on the daily chart. For me price still holds the support zone and formed a head and shoulders in some way. Anyway the wick forming today is a nice indicator for further bullish moves. Lets see if it confirms. Any updates will be posted...
Whats up guys, just wanted to share my analysis/ trade update to EURAUD. Price retested the resistance zone, which is even on the monthly a really strong one. We took a trade a few days ago but got stopped out at break even. Friday we entered another short and since these weeks market open we are in profit. Price gaped down on this weeks open and is dropping...
Good Afternoon Everyone, we are looking at the GBPAUD chart on a daily time frame right now. I was short this pair last week when price formed the first high with divergence. It was clear that there will be a pullback, but i was not sure how high it will go. Honestly it was way too high. Price broke my trading expected structure and run straight up with a new...
Whats up guys, we are looking at the AUDUSD pair for a real long term buy. On the Daily chart we see two correction waves marked as yellow boxes. On the downside there is a divergence formed and price strongly retraced from the lowest point with a huge bullish daily candle. I just traded this two weeks ago but got stopped out. Now we are in a much better shape...
Hey guys, as mentioned in the last idea, i just wanted to give you a guys a lower timeframe analysis update on AUDUSD for a good entry. You know we are bullish on the daily so we are looking for a good entry point on lower time frames like 4h. Price is moving sideways since Friday on the 0.5 fib level. I really like to enter between the 0.5 - 0.61 level with stops...
Good Morning guys, Looking at the GBPUSD on the 4h time frame we are currently in a bullish trend with the 2rd correction wave, marked in the yellow box, happening. The low of the box is the 0.61 fibonacci level and if price does not break this level with a straight confirmation this could be a nice +400 pips swing trade up to the next highs. Lets start the week strong.
Today I wanna show you my USDJPY perfect entry long position. The first setup Take Profit is hit but on the larger time frame we are aiming for much more. Have a good trading week everyone.
Hey guys, we are looking at the EURAUD which is currently at the best zone for shorting it. I drew a down trend line where it stays in the 4h for now. Also price is in a first level of consolidation, marked in the yellow box. The high of the box is my favorite 6.81 fibonacci level. Paired with the trend line and the wicks formed in the 4h chart its actually the...
Happy Sunday Traders, We are looking at the EURCAD in the daily chart. Who remembers my last idea about GBPCAD ? EURCAD is pretty much looking the same right now. We are in a daily downtrend along the trend line, price touched it often in the last days. On Friday there were CAD News which was strong for the Canadian Dollar so we saw every XXX/CAD pair falling,...
Hey Traders, today i just wanna show you my Swing Trade from Sunday Market Open. I shorted the EURGBP pair in its first correction wave (marked in blue). The high of the blue box is my favorite fibonacci level 0.61 and this is where my stop is, means i do not expect price to rise above these levels. I really like trades like these because stop loss is at an clear...
Hey guys, I just wanted to show you my last trade this week on Friday morning. I saw a trend change happening on EURUSD in the 1 hour chart earlier this day. At the top where we can se a divergence, there was formed a candlestick engulfing pattern. This is were i entered the trade and expected the price to go down to at least the 0.5 fib level with a little risk...
Wishing everyone a great Sunday with this swing setup on GBPCAD. On the daily timeframe we see a clear downtrend with a trend line which was touched two times now. We expect price to reach this level in combination with the 0.5 fib level, where we would enter a short with a minimum drawdown of like 150 pips. Take profits should stay way more down with over 1000...
Hey everyone. Check out the our last idea about the GBPUSD short trade for better understanding this one. Price dropped nearly to the same level where GBPUSD started its bullish run, where its holding the same level for a few hours now. Going into Asian we do not expect price to move much, but in the early morning somewhere before London or inside the session, we...