herotradinggroup

herotradinggroup

Analysing Forex from The Market side & perspective. The Market went down 100 pips from The Sellers positions at 1.0933 and then today The Market going on sideway until Traders make both positions at 1.0950 for The Sellers and 1.0887 for The Buyers. We can see at the chart that we have an empty zone below indicates that The Market might fill this zone...

herotradinggroup

Analysing Forex from The Market side & perspective. The Market has been down for 100 pips and The Sellers have their positions at 1.2186 and 1.2234 . At this point, Traders will only open sell positions because as you can see in the chart that the market starts rally. No buyer positions at certain levels and we have an empty zone below. The Market is sideway...

herotradinggroup

Analysing Forex from The Market side & perspective. This week in market opening hours USDJPY still in a sideway. but, it successfully stopped out buyer positions at 107.47 in last friday and then going back up for 30 pips . There are accumulated seller positions at 107.90 in high trading volumes. This level has many traders stop losses because they...

herotradinggroup

The Market continues downtrend since this week opening hours and successfully closes the empty zone bringing more Sellers into the market until the price bounces right where there are many Buyers positions accumulated. The empty zone was smoothly closed by downtrend to attract more Sellers get into the market. Those are sell traders who trade based on trend...

herotradinggroup

After closing many of Buyers positions, today GBPUSD will be Sideway to attract more traders get into the market and to form new potential Support at 1.2408 and potential resistance at 1.2468. We can see in the chart that the Market bounces at the level where Buyers positions has been accumulated since the end of April indicating It wants to increase Buyers...

herotradinggroup

This morning on Asia trading session, the market comes out from May,1 sideway price level at 106.6 and go toward Buyers positions while stopping out Sellers on the way by May,4 US opening shooting star candletick. With not many Sellers around this certain level, it makes traders aware and wait for confirmation of it next move whether it will bounce or start a...

herotradinggroup

Today at US opening session, the market is sideway after coming back from a huge & quick uptrend at end of April leaving no more Buyers at the certain level and attracting Sellers with it. It has been 30 pips down since weekly opening level and has potential to go down slowly to fill the empty zone with more Sellers. a Big candlestick at April,30's US opening...

herotradinggroup

Price Action analysis today at London trading session, we can see GBPUSD finally got out of sideway market at this week opening and closed below level 1.2475 after successfully break resistance at the end of April, formed False Break pattern then went back to the initial level. According to the psychology of the traders, In this case the reason why the price...

herotradinggroup

Last Friday, the pair was going down for 80 pips to 106.6 then made a sideway market using one candle at US opening session with price level 107.07 as resistance and 106.59 as support. We look at this chart using pure price action technique,trader psychology and market psychology to be able to predict where the market will go. In the chart you can see some...