Hello Traders, Like we can see on all USD pairs, AUDUSD is at a demand zone and we are likely to see bullish momentum enter the market. I have marked my area of interest where I will be looking for a long entry on Lower timeframes. Follow for more, If you agree and like my ideas. Cheers!!
Hello Traders, So today I am doing a trade recap on a trade I lost due to lack of detail. Note, in trading, after knowing how trading works, every thing comes down to the level of attention/detail you give to your chart. Detail, detail, detail... never forget. I have labelled the chart accordingly so your understanding can be seamless. But if you still need...
Hello Traders, I hope this week has been good so far... Well for me, I took a loss yesterday night on AUDNZD... forgot to close my sell order before the market closed... Price got to my sell limit and spread took me out... I was livid but it was really my fault... So lesson learnt...I am still monitoring to see if the short is valid and I can enter based on my...
Hello Guys, I have been monitoring this pair for some time and based on the market structure and price action, I think EURUSD is set to make the bullish move. First off, this pair has tapped into the monthly demand zone and also taken out whatever liquidity on the daily time frame that caused the bullish move about a month ago. Like I always say, the market must...
Hello guys, AUDJPY has approached a monthly supply zone but this does not mean I am expecting an overall massive reversal. If you look on the weekly timeframe, the pair is quite bullish in structure but I think its more of a bullish trap that a bullish move. Since price took out liquidity of the previous weekly high and is at a supply zone, it should be expected...
Hello guys, GBPJPY has approached a monthly supply zone but this does not mean I am expecting an overall massive reversal. If you look on the weekly timeframe, the pair is quite bullish in structure but I think its more of a bullish trap that a bullish move. Since price took out liquidity of the previous weekly high and is at a supply zone, it should be expected...
Greetings guys, I have come again to give you trade ideas and market secrets (mines ;)). CADCHF has been bullish for some weeks then we had the bearish retracement (impulsive). Currently we are bullish both on the daily and weekly timeframe. But... there is a but... Price has a monthly strong bullish bias but as I have noticed over time, it will not make this...
Hello traders, First off, like and follow for more. Also leave comments and ask questions. Now, AUDNZD has broken its previous high and seems bullish at the moment. My analysis on the monthly timeframe indicates a strong bullish move but the weekly did not retract properly and that means that it has set a liquidity trap which it needs to clear to make that...
Hello guys, I hope this week has not been so bad. Anyways, This USDCAD trade could be a nice one to close the week assuming price gets to my point of interest and checks my criteria for entry. USDCAD for me is bearish on longer timeframes like the weekly, daily etc. but why I am interested in this long is due to my understanding of the market. Which is, for...
Hello traders, As you must have noticed, this pair on a larger view (monthly timeframe) is bearish, weekly timeframe seems bullish but on the daily, price is retracing from the bullish move. USDCHF is likely to take out the immediate low is created. You will be able to notice this on my chart as I marked it as liquidity. If price breaks this low, I will likely...
Hello Traders, EURGBP is set to be bullish long term (at least for 2 months) and the weekly timeframe has adjusted accordingly to take out the daily trendline liquidity. The only issue is, for price to go bullish on both the weekly and daily, it must first take out all the liquidity pool it has created. My approach is for price to go bullish, trigger the supply...
Hello Guys, GBPJPY has taken out the daily high and in-turn has swept liquidity and we expect a move downwards. Price seems bullish on the weekly timeframe but I expect that price heads downwards to take out liquidity before it goes forward if at all it wants to continue bullish. What do you think. BR David
Hello traders, I guess you are gearing up for the market to open.... anyways, click agree if you like my trade ideas. For this trading week, I am watching USDJPY for a short opportunity. As you can see on my chart, I have marked my supply order block in which once price enters the marked region, I will go on lower timeframes to look for an entry. You will also...
Hello traders, If you agree with my trade ideas, like it. If you don't, let me know why in the comments... thank you. This is an update on my previous EURGBP trade analysis. The long is still valid and my limit order is still active. What I did on this chart is to adjust the buy side liquidity pool according to recent price action. If you look at my previous...
Hello guys, Before I state why this long trade, if you agree with the trade idea, like it. If you think otherwise, let me know in the comments why... Now, I have been monitoring this pair for a long trade because the weekly and daily are bullish in structure and price has cleared two demand order blocks. The most recent sweep of the daily demand order block has...
Ladies and Gentlemen, There is something about liquidity pool and grab that I have noticed but I will not be talking about it in this post. Maybe soon. Anyways, EURGBP recently cleared the monthly liquidity pool, and it is heading to clear the trendline liquidity pool which can be seen on the weekly and daily timeframes. As for the 4H timeframe, I have marked...
Hello guys, As we all know by now the dollar has been heavily bearish in the past 2+ weeks. although on the monthly timeframe, it is still bullish but for now it is bearish. Now, on the USDCHF, I am looking for a long opportunity as the pair is coming close to a demand region but I only did this analysis based on request. As you can see, I have marked the...
Hi Guys, This pair tapped into monthly and weekly supply order block and the daily is heavily bearish. As you can see on my chart, I have marked the liquidity pool which I expect price to go and sweep then trigger my sell limit order and proceed downwards. Simple and straight forward trade. Enjoy. David