TheFalconTraderOfficial

TheFalconTraderOfficial

So We saw a very strong movement on gold this last week. And once gold reached 1780 price, it has started to pullback since then. By just looking at the last strong impulsive movement to the down, there is a high probability that we will be seeing some correction movement in this upcoming week, there will be some buyers towards the price of 1840 (very likely...

TheFalconTraderOfficial

Secret #1: Stick to ONE strategy. Find a strategy that makes sense to you and stick to it and it alone like a faithful wife and master it. This is probably the single greatest secret in all of trading. Master ONE strategy. There are no “systems” only strategies that work if you master them. If you jump around from one to another you will never master anything and...

TheFalconTraderOfficial

Hey Traders, We've approached the key support and resistance level and started to slow down on that level on daily chart. Market also made a doji candle which shows the sign of reversal from this level If we look at 4h, we'll get decent image of how momentum from sellers is dying and how buyers are coming in hot. Waiting to see final retest from sellers...

TheFalconTraderOfficial

Hey Traders, EURAUD is in very interesting area at the moment. If we look a at the way how is is coming down we can say that the strength to the sellers is high then buyers which shows us the sign that it will go for short but we have a very nice demand area at 1.57600. If we don not get reacted from demand zone with strength to the buy side then I'm expecting...

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TheFalconTraderOfficial

Hey Traders, Here is a video for you on gbpusd higher time frame analysis for long.

TheFalconTraderOfficial

Hey traders, As we all know that we are consolidating on eurusd pair for a very long time. You can see it in below image (shaded area) But we can clearly see that in that consolidation area the sellers weren't strong as they are right now. Last push from sellers are so strong that it is full of bearish candles. What I am expecting that either this strong...

TheFalconTraderOfficial

Hey Traders, Here is my idea about divergence by using macd. First thing first, trend never stays in one direction forever. Sometimes it moves up and sometimes it moves down but how do we know that in anytime of near future we are expecting a reversal. In the pic below, we can clearly see that on AUDUSD trend is massively down from arrow area and everyone is...

TheFalconTraderOfficial

Hey Traders, Looking to buy nzdjpy from 15m chart. As you can see in the picture below, we have a high volume pop from the previous and buyers came in with just one push up. After Making a Higher High, we are now in pullback phase to the overall bullish trend. The Pullback is coming in with low volume which shows the intentions of market makers they are still...

TheFalconTraderOfficial

Secret #1: Stick to ONE strategy. Find a strategy that makes sense to you and stick to it and it alone like a faithful wife and master it. This is probably the single greatest secret in all of trading. Master ONE strategy. There are no “systems” only strategies that work if you master them. If you jump around from one to another you will never master anything and...

TheFalconTraderOfficial

Hey Traders, Looking at the daily structure, we had a fresh strong move down after a very long bullish trend. When we made a strong move down making a Lower Low it is the very first leg down from the sellers with a strong momentum. On 4h chart, we have 2 sets of pullback (which generally we need) and after the 2 sets of pullbacks, the last push from the...