Hi guys, how you all doing and hope everyone has had a lovely weekend. My bias on USDCAD is nothing but long, however i believe that before we can possibly start to see start to see that long come into play, price has to retrace to the downside into my highlighted target area.
With that being said after USDCAD has been able to make this downside move it is then...
Hi guys, it's a long while since i actuaLly post on here. About a month ago or so i posted a short trade on CADCHF which played very nicely just like i had anticipated however i have been stopped out of that trade with quite a lot of profit.
Once again, price has presented us a golden opportunity to go short CADCHF. There's nothing too complicated about this...
Hi guys, hope everyone has had a lovely weekend. So looking at AUDUSD i see price pushing into the highs, because if you go on the weekly timeframe, there has been a lot of rejection to the downside.
Right from looking at this chart on the weekly time frame, I could already see that price will most likely be pushing to the upside. There's nothing complicated about this trade. On the higher time frame we can clearly see that price had made an impulsive upside move and has also corrected. Once again, I believe that price is about to jump to the upside making...
CHFJPY is trading around a key zone for the time being. I have done my analysis on this pair and i strongly believe that CHFJPY will be seeing lower levels. However when my target has been achieve, if price can possibly break below that massive demand zone, that move will change the sequence on the daily timeframe from bullish to bearish.
Hi guys, looking at price from the higher time frames, we can all see the market is very bullish right. However it's totally different when you look at the lower time frames. On the 4 H and even on the 1 H price has just broken above a major descending counter trend line and i know that this will actually lead many many traders to go long but in reality price is...
Hi guys, looking at gold any trader even the individual who just started trading just a week ago is going to say to you that gold is currently bullish and that is very correct. However if you actually take your time to look at gold and take all of the right things into consideration you would infact see that despite the fact that gold is bullish it's still going...
Hi guys, am fully aware that the markets is gonna close in a few minutes for the week. This analysis is what i believe is gonna play out for next week. As you can see on my chart USDJPY is trading within a key zone and i believe it's going to fall to the downside before beginning to find it way into the highs.
There's nothing really difficult about my strategy,...
Hi guys, so as we know right we just gotta love uncertainty if we wanna become profitable and consistent traders right. Few days ago, I made a call to short EURCAD, however from the time to know we have seen a lot of price action we have lead me to change my bias.
I have now exited my EURCAD shorts position and am now long on this pair. I have my first take...
So few weeks ago, the pound has gained a lot of strength and it rallied up. We can now see evidences that the pound has lost a lot of it momentum.Even though price is still bullish, we are still going to see one new lower low, before price can them start to rally up once again.
NZDUSD is currently bearish, and it has been this way for a long time now, looking at what the daily timeframe is presenting, I still see NZDUSD going lower to the downside. When my target has been achieve I will then start to look longs on this pair as I believe it will push higher into the highs once it has been able to fulfil this downside move.
Hi guys, looking at this pair on the monthly, price is choppy. On the weekly price is bearish. However on then daily timeframe, price is actually bullish. I just exited my buy trade on this pair as I believe it time for the bears to the control. We can now clearly see the head and shoulders pattern, and I have been able to plot my target by duplicating the range...
Hi guys, so this is also one trade which i was able to spot in less than a minute after taking a look at this pair. I will not be writing much on this. However if you look at the chart, if you already have the basic knowledge of trading. You'll see that all of what's on there is pretty self explanatory.
Although i could have got in on this trade at a better price...
This is as basic as it gets, looking at price, we have seen an impulsive which has been corrected. Yet again price is about to jump to the upside.
You can also look at my previous analysis on XAUUSD and EURCAD. Those are coin very good as we'll.
For a long time now, EURCAD has been in a range and just last week, I was able to catch the majority of the move to the upside. Currently I believe EURCAD is out of bullish steam which is needed to change the momentum on this pair for the time being. EURCAD has now found confluence on a major supply zone and we can now expect to see price going lower to the downside.
The daily momemtum on GBPAUD is still currently bearish at the moment and a new lower low has just been formed on the daily. I plotted a fibnocci on the daily time frame from the relative high to the relative low and i can see that price will most likely retrace to the upside.
Also, on the 1 H time frame, we can see clearly that a double buttom has been formed...
From my daily perspective of XRPUSD, it''s still very bearish and on a down trend, however the 4 H time frame was completely doing a different thing just a day ago. Now. the 4 H and the daily time frame has come in alignment. On the 4 H time frame, price has just broken out of a trend line and has retested it, however that didn't give me enough confirmation to go...
