My apologies everyone but I do not have too much time to give you a full technical breakdown on this trade idea since I am already live in this trade and do not want you to miss a possible good trading opportunity. I have seen a trend reversal occurring on a support area on the M15 and M30 where it has been struggling to keep the Bear trend and eventually gave...
The USD/SGD is starting to show signs of a possible trend reversal as indicated on the M15 and H1 chart of this currency pair. This is not an immediate entry and as always we let the trade come to us instead of chasing (and hoping that a trade will go where we want it to go. We will wait for the Stochastic Oscillator on the M15 to reach the “overbought” area and...
The chart explains itself. Look for your own best entry point on the H1 chart.
The AU200 have reached records highs that have not been seen since November 2007 with a major Monthly Resistance Area broken through like a hot knife through warm butter. On the H4 timeline we are starting to see a clear correction emerging. I have already entered this trade earlier and is already in profit based on the analysis in this trade idea, but there is...
The AU200 have reached records highs that have not been seen since November 2007 with a major Monthly Resistance Area broken through like a hot knife through warm butter. On the H2 timeline we are starting to see a clear correction emerging. The Linear Regression Support line have been broken and now serves as the new H2 resistance line, we still expect the AU200...
The chart explains itself, my apologies everyone not enough time at the moment to explain my analysis in details
USD/CHF is showing all the indications of continuing with the BULL trend. We are currently in this trade but there are some entry points in the very near future, please choose your own entry point wisely.
My apologies for a very quick analysis, not enough time to set it up properly. I literally entered this trade at 1.03310. I was waiting for the turn in the last few days and it arrived unexpectedly, grateful for alert warning (always use alerts to remind you of a possible trade setup. So thee we go in my opinion we are now in the buy area for this long trade
USD/JPY is currently in a minor correction with the H4 resistance finally broken yet again mainly due to the USA/IRAN tension. We are now waiting for the H4 support to become the new resistance, once this is confirmed it could be a perfect setup for a USD/JPY SHORT trade. The H4 Support/Resistance area has been broken twice, simply wait for the H4...
From time to time even professional retail traders differ on a specific trade, this does not mean that neither of them are right or neither of them are wrong, both can be right and both can be wrong depending on what time-frame they make their final decision on. This morning I had a look at some trade ideas of another fellow professional trader on the USD/CAD and...
The IMF said South African economic growth will be below the rate of population growth for the sixth year running in 2020, further exacerbating pressures on the jobs market and society, while S&P updated its outlook on the country's already-sub-investment-grade credit rating on Tuesday, although it's Moody's that matters most. Moody's, the last remaining agency to...
AUD/JPY is starting to show a possible trend reversal on the DAILY CHART. It is approaching the Daily Support/Resistance Area that have been resisted 10 times. The monthly trend is Bearish The weekly trend is Bearish The Daily trend is Bearish With this possible trade we are going with the general downtrend. Currency Strength Indication shows the AUD as VERY...
Analysis explain itself, sell immediately
This analysis is done purely for analytic purposes for possible future trades on this currency pair. I will not be taking this trade until I see a clear trend reversal to a Bearish downtrend. The chart explains itself, how you implement these possible trade ideas on this chart is up to you. Go and ask the following questions for yourself: What is the trend on the...
The UK elections handed PM Johnson a landslide victory as his Tories took seats from Labour, the biggest loser of the night. The British Pound surged, and the focus will now shift back to Brexit. The UK is anticipated to leave the EU on January 31st 2020. Gold maintained its bullish bias despite the announcement of a phase-one trade deal in principle. If all...
Analysis explain itself, take trade immediately