Hello tradingviewers, If you have seen my previous post by chance, you may think I would be bullish on this pair. But NOPE. Why? this pair has gotten to the extreme and I can't say what might happen. But one thing I know is that, it is time for it to retrace. When? I can't tell. This pair doesn't move like other majors. This animal answers to a different...
Hello Traders, If you follow me or have seen any of my previous updates, you will know that I was bullish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going SHORT. Note: If this bearish move happens, it will take out all the induced sells/shorts. If you...
Hello Traders, I love this particular pair because of how big the move is.... WATCH OUT If you follow me or have seen any of my previous updates, you will know that I was bullish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going SHORT. Note: If this...
Hello Traders, If you follow me or have seen any of my previous updates, you will know that I was bearish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going LONG. Note: If this bullish move happens, it will take out all the induced sells/shorts (see...
Hey Fellas, This pair has approached a strong demand but you will notice from where I placed my limit order that it is quite extreme. I did this because of how this pair behaves. It loves to hunt stops.. same as EURUSD. Regards. David
Hello Traders, If you follow me or have seen any of my previous updates, you will know that I was bearish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going LONG. Note: If this bullish move happens, it will take out all the induced sells/shorts. If you...
Hey Fellas, If you follow me or have seen any of my previous updates, you will know that I was bearish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going LONG. If you follow me, you will also notice I make use of the dollar index. As we have it, it has...
Hey Fam, I can't see the future, but if trading is repetition... then you best WATCH OUT. We have approached a tricky zone where market makers show themselves. Until I see a good retracement of this pair, I am not going bullish yet. At least to the first zone I marked on my chart. Anyways! let me know in the comments if you are extremely bullish on USDJPY. Cheers.
Hello Guy, Funny title... yea? Anyways, I have broken down the possible moves for next week. For me, I favour move 1... why? you ask... Move 1 gives more room to drawn in more by orders before opening the floodgates for the bears to sell. Move 2 is very much possible and that could be a smart place as it will trap buyers and sellers. Hmmmm... scary!! As for move...
Hello traders, Although I'm bullish on the dollar which invariably makes me bearish on AUDUSD, there's one good reason I am short on this pair for next week. Look at the weekly timeframe and find out. The weekly timeframe decides how I trade and AUDUSD has a beautiful weekly timeframe. Enjoy.
Hello fam, Wondering why I said so, well check this out. I use the dollar index to get my direction/strength of the dollar. Then use it to determine how I trade the major currencies. Even though the dollar's bullish phase is ending, I still did my analysis on this pair and saw the same thing. Now it is a known fact that the dollar index and eurusd are...
Hey Guys, Just like my previous post, I'm bullish on the dollar and so i'm bullish on USDCAD. Though this is not interesting to me because of where my stoploss is placed. Anyways, I've got other pairs that correlate so... I'm good! Like I mentioned in my analysis of the dollar index, the dollar is approaching its exhaustion phase and this might be the last...
Hello folks, This pair has been under my radar for quite some time. Although I missed the first impulse, there is still another opportunity to enter again. The weekly timeframe needs to complete its impulse and so the daily will need to retrace to get liquidity for the next impulse leg. Of all the pairs I want to trade next week, this one tops the list. Enjoy.
Hello Traders, Dollar is still strong but this might be the last bullish leg before a midterm short. I will be bullish on the dollar for next week. Cheers!
Sugar has no place to go but up. Look at my golden lines, replicate them on your chart and go to the monthly timeframe. Look left and see the beauty of multi timeframe analysis. Anyways, we don't control the market but I remain bullish till the market says otherwise. What's your own view on sugar???
Silver should end April very bullish but right now the daily suggests a retracement which gives a shorting opportunity we can capitalise on. If this does't work out and it turns bullish, we have a good swing to 27.8 What do you think?
Hello Fam, Checkout this high risk short. The monthly and weekly are in alignment but based on my approach it is not ready for a short yet (if ever). But I just thought I share this for people who might love taking high risk entries. Enjoy!
Hello Fam, The market has been rough for me this week but check this out. One thing I know about this pair, its that its filled with bubby traps. ALOT OF IT. So it is usually advisable to put your entry at extremes once you have done your analysis. Mine is where it is but I have put a line under my stoploss which could be the actual entry but you never know it...