Been UP all day lets follow the leader...
After a nice win yesterday, the market fell right back into its range... decisions decisions decisions
Looking to SELL for the day ...
I love to trade just not on Friday.. So I will wait to after lunch and see what the market has revealed
That tricky market.. Decides t make moves when we can't join in.. No problem the music never stops. We will be dancing later in profits. So we do our usual and wait with the patience of a spider... I am looking LONG since there has only been BUYING going on. We will wait for a steep decline, monitor the behavior and then make an assessment of whether a high...
A large bearish pinbar is currently forming off of a key resistance level. Keep in mind that there are a few hours left in the market so this pattern will not be confirmed until it has fully formed as a bearish pinbar and today's candle has officially closed. If the candle does close the day as a bearish pinbar then we could see price rotate lower over the next...
GBP/ Looking at the Weak Bullshish behavior...as Buyers struggle to gain control after the Earlier 100 pip rally. Our bias is SHORT however looking to possibly BUY on the strength 1.3030 depending on the price action at the level. As ALWAYS we are flexible in our perspectives of WHAT the market can do. It only takes 1 tick to change a trader's opinion. ...
Early Sunday and we are just peeking at the market. I have 2 areas of Interest. They are price levels 1.3050 region and the 1.3000 price level. At these points we should be able to get a glimpse of WHO actually wants to sell & buy. Before we as retail traders can make any decisions we need to KNOW what the institutional money wants to do. The 1.30 & 1.305 price...
Silver looks to be showing a little bit of life today with a large bullish fake-out from a bearish pennant. That is price has been dropping consistently week after week with multiple bearish patterns forming. Another bearish pennant finished forming and price today broke to the downside but staged a very aggressive comeback, back above the pennants bottom...
From the bullish price action I discussed yesterday, price pushed significantly higher very quickly. Price pushed into the key resistance zone of 1205-1215 last night and this morning broke above, reaching as high as 1218. This 1205-1215 zone was a critical zone to hold as it is a major road block to gold putting in a real bottom. Unfortunately for the bulls,...
Live trading analysis. Talking about the impact of the #USD on the market
Hi traders! We have a good oppotunnity to Short NZDJPY !! Hope you enjoy the video! Good trading. Xavi.
Top-Down analysis based off of a few key strategies and theories. Structure... Fibonacci... Trendlines... Liquidity Zones... Candlestick Patterns...
I've noticed a clear trend leading up to 6:30am pacific time USA stock market open time, I think people are hedging currencies in order to trade in different markets. You can ride it down then up more days than not check profile for more examples
The LIVE analysis was done on IMLTV. For further mentorship, please message me privately :D Appreciate you all.
Bearish price action is forming in the US Dollar on the higher time frame charts. On the weekly charts an evening star pattern has formed on a bearish pin bar is currently forming on the monthly. Price action next week will tell us a lot about where the dollar may be heading, but if the dollar closes the month even weaker then it is right now it could mean...
As a continuation of the previous USD/JPY idea, we have our breakdown now and the short time is now. Let's watch the price action progress over the next few days. Entry point and Stop level indicated on the chart at time of idea creation. Profit target will be taken discretionarily (no set target) according to how price can go. Stay tuned!
Just opposite to the performance of NZD/USD since August 15th at least, CAD/USD has been trending downward and it has challenged its support level with a breakdown after failing to overcome resistance at the 1.31038 level. This is a short signal to me, but let's see how it goes! Entry point and Stop level indicated on the chart. Profit target will be taken...