Hello guys, In this video i show what i see in this GBP pair and why i am only looking for short positions.The pound has been extremely weak and i believe it will continue seeing weakness as uncertainties continue post brexit. Britain has to negotiate trade deals with many countries now that they are on their on away from the benefits that came with being part of...
Hello just a quick update on btc. Exactly acting like it should. I entered a long on etoro @9815. My bitmex trades recently were all garbage, because most of the time I use too high leverage and then if a lucky trade with like 50x works out I get greedy as hell and instead of taking like 300% profits I let the trade run into liquidation. Keep in mind. This is...
Just a few thoughts I had. "The more often a resistance/support gets touched. The more likely it is to break" Keep your trades safe. SLs tight and keep in mind as always health is more important than wealth!
Hello Guys, I am looking for longs on cad pairs. I think with the ongoing opec meetings with russia the top suppliers we are likely to hear of a cut coming which would improve the price of oil and CAD. I can see them talking about cutting oil supply or all of a sudden oil tankers getting attacked after the meeting which would cut the supply of oil worldwide. Oil...
Hey whats up all! Heres a little video going over our active trades on EURUSD, WTI and DAX.. hope it helps with your trading in one way or another!
Hello guys, In this video i show what i see on the Aussie Japanese pair. I see a potential short position and riding the trend to lower levels. I know the reserve bank of Australia is expected to hold rates which would give the Aussie some strength but overall i think the Chinese economy is getting hit so hard by the corona virus that it will be hard for the...
Weekly market breakdown covering DXY EURUSD, EURCAD, EURJPY, EURNZD, GBPJPY, GBPUSD, EURGBP, CADJPY, USDJPY, USDCHF, USDCAD, USOIL
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hello guys, Going into this first week of February, i am only looking for longs on gold. My bias shaped by the ongoing chaos that are ongoing worldwide.Most currencies and indexes are weak meaning that investors are rushing their money to gold hence it will be risky shorting gold. The chaos that i am talking about include the iran war, the trade deal, the just...
hello guys, In this short video i show my analysis for the nzd/usd pair. I see the weakness of the nzd dollar continue as the corona virus continues to cause havoc. The new Zealand economy similar to the Aussie economy is strongly supported by demand of commodities and tourism from china. with Chinese cities being shut down and flight being cancelled this will...
Hello guys, This week i am only looking for shorts on oil unless an unexpected event happens e.g if oil tankers are attacked in the middle east or north Africa. With major cities being shut down in china, oil has been extremely oversupplied with less demand driving the demand down. I see a pull back coming but then it will likely sell off to lower levels. The...
Hello guys , I am looking for a short on nzd jpy based of the weakness displayed by the new Zealand dollar. The new Zealand dollar strongly depends on commodities similar to the Aussie and the cad. The new Zealand has been extremely weak and i am looking to bank on that trend. As long as the corona virus continues and the new Zealand bank maintains the dovish...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hello guys, After the suprise decision by the BOE on holding rates and also their hawkish view of the economy. The price was able to beat my initial resistance area that can now be seen as a box below the current price level. I have re analysed my charts and i believe that for price to keep going up we need strong economice data to support the BOE view. My next...
Hello Guys, I see a short idea on gj .This based on the fact that it broke through a key support area. I also think the pair has been extremely weak with the fundamentals. If the trade can run until London session i think i have a good chance of the price tapping my TP. Factors shaping my bias brexit, weak fundamentals, dovish bank which they have to be in order...
Hello guys , This is my short idea on wti. I believe the price its at a key resistance level.This in addition to the fact that the corona virus clearly bring about an over supply of oil with airports shut down , less flight, less people driving that creates an oversupply of oil should bring price down. I know the crude oil inventory count is coming up so i have...
Hey guys, This is my short bias on the cad jpy pair. The cad has been extremely weak in the last couple of weeks . This in addition to the comments from Bank of Canada validates this trade. My areas of interest and strong sells are indicated by the two boxes. Although i am looking for shorts, i still have to see how price reacts at those two key weekly areas....