We are waiting for the break of our trend line - as the USD is gaining strength and the GBP has got alot of short orders against the Dollar. However the Aussie has had orders shorted for the past 13weeks. GBP with 54% short - 42,071 AUD with 69% short - AVG (13) - is 61,487 What can we see technically? - Daily bearish but breaking momentum short in the channel....
Long activated as per previous - Waited for the double bottom to occur. technical fresh touch of the demand after a long rally down drop base drop scenario on previous touch - strong engulfing candles to the upside, similar pattern here bearish technical - was oversized head and shoulders Long term - Aussie will lose momentum with a risk off scenario If you...
Daily time frame we have a good sell off pattern as price hit our weekly supply imbalance. Price made a good manipulation move yesterday during NY hours. The technical side; Supply imbalance - weekly Daily - manipulation move in the supply zone Watch out for on the way down for false dips, but the confluence of the trade will take us down to a level of 66...
We are waiting for the break of our trend line - as the Euro is gaining strength and the Aussie has some strong shorts against it. What can we see technically? - Daily bearish, - weekly bearish - bounce from the demand zone purple zone. - we can see the trend beginning to add long positions. - we have made higher lows - showing the correction - now in a...
We are waiting for the break of our trend line - as the USD is gaining strength and the GBP has got alot of short orders against the Dollar. What can we see technically? - Daily bearish , - weekly bearish - bounce from the demand zone zone. - we can see the trend beginning to add long positions to correct. - we have made lower lows and lower highs- showing the...
What do we see? Fundamental wise buying greed in the US and world markets looking to make a recovery without realising how much stimulus has gone into each country. Technicals - we have a great monthly swing all time low - which has created a great base and imbalance we have targets from the "corona" drop - however we also can see a long opportunity to test...
on the Indice trading side we are not selling nor buying right now We can see the great imbalance from the demand zone - which is weak but we have a strong supply here so we can definitely see great potential for the supply to sell off. Note: only if price shows a rejection and imbalance then we will execute on the daily timeframe. Using the supply and demand...
Fresh demand allowing to go long, due to a weak level Looking to break all time highs. once it does, we will look for a sell entry once we have confirmation of a strong supply. If a risk off scenario occurs, go short, with another opportunity to long again. we have a very strong level to buy from. Coronavirus effect - meaning the previous high needed a fresh...
So what do we see? Fresh touch on a demand zone - no entries until price action has taken place. Be aware the aussie is very strong and very bullish daily candles. From a Supply point we have a great sell off from this point 1.66XX Being a fresh demand zone, we have an opportunity to go long. Looking at the 4 hour, we have a nice area around 1.61 we will wait...
We have an indice analysis to share - as the Japanese stock market could be seeing a big move to the downside in terms of Drop base drop formation, where we have an impulse - corrective pattern and forming a base in the supply and then selling off. We will look to add this to our portfolio and not the CFDs as the spread is high for many traders even with small...
Hello traders, So we did not post this yesterday as we left in draft.. However, we have our AUD JPY short in play and GBP AUD in play due to AUD USD struggling - these pairs correlate so we trade two pairs of the three. For context of the move. Swing low - since nov 2019 - COT report shorts aussie shorts are added. JPY longs are added on COT report. GBP has...
XAG - we have seen a great impulse and made our way up to the supply at 0.786 zone Where on the daily time frame we have a good order block which was a great indicator for a supply. We will await for the price to test the upper supply as previous high had wicks - so a possible manipulation stop hunt move may occurs. We will short as a hedge - due to long...
price hit our demand area between 1.82 - 1.80 - we did not catch the initial rejection due to sleeping.. however caught the nice order block We will be looking to buy multiple times here - there could be a possibility of a double bottom. this can also be a correction move to start. so anticipate sells and lock in buys risk free Looking to add up positions here...
looking for a second entry on NZD JPY - depending on how the the market conditions look. We have a daily indecision candle - so looking for some good movements tomorrow lining up. Fundamental tension in HK will affect the NZD and Aussie at the sametime. So we expect some possible sell - off. from a technical S&D perspective we will look at the fibonacci retrace...
We have our sell from Friday - it is important to note the supply is in the purple box showing where the supply block and wicks are located. 1.865 showed us the real volume wicks where the orders were hiding. We sold due to price kissing the true zone of orders and a great indecision candle Lower zone had a great doji which is what we needed to draw the zone....
We have seen a great impulse, correction and awaiting the next impulse to the downside We have our alerts set. Need to wait for the next retest of the supply and then await the downward move. The trade is between 0.618 and 0.705 level. monitoring closely. Aud is strong but JPY is a strong safe haven, where institutions look to be moving towards. Now we wait for...
We have a short position already and closed our longs -75% longs anyway. From a position standpoint, fundamentals play a large part of Nasdaq - despite trump keep pushing the correction to move to a double top at 9355. We see the coronavirus and issues with figures being horribly manipulated with unemployment figures, GDP results coming in to show how bad the...