Yesterday, EURUSD rose back up to the resistance zone and bounced back. This allows us to look at new sales opportunities today. The target remains a test of the 1.0640 bottom. A scenario breaks down on a breakout of the previous high. With a better ratio right now is the GBPUSD selling opportunity.
Low Risk, Good Return Trade A Bearish Shark Pattern has shown up on the AUDUSD 4-hourly chart. As it is not the best trading setup but the second target produces a healthy Profit Factor of 2. I've shorted the Shark Pattern as it coincides with the 1-hourly chart 3 drive formula. This is possible because we use our in-house A.P.E framework and this is known as...
Yesterday we looked at EURUSD selling opportunity that is currently developing. At these levels, we are not looking for new entries, but de-risking already active sales. Risk is lowered by moving the stop to entry levels or by partially closing. Expectations remain for EURUSD to head for a test of 1.0640 as we watch for an end of the move. Next week there is a...
CADCHF has nicely reacted to a key horizontal support: the price formed an ascending triangle on 1H time frame, its neckline was violated then. I expect a bullish move now. Goal - 0.678 ❤️Please, support my work with like, thank you!❤️
In this Knowledge Nugget, I have explained logic behind my own trade in "IZMO" which rallied 50% + from its swing low in just days. I am found of entering such stocks for one round of buying at support level with my own set up logic. This is for educational purpose & please do not copy this trade without understanding risk & position sizing.
EURUSD is heading towards sell zone and we will look for entry today. We’re watching for a reaction after the start of the European session. Upon a pullback we will look for selling with a target of 1,0640. The idea breaks if the price pass above 1,0780.
Hi Traders!, We are back inside the range zone on AUDUSD. After multiple breaks of the range zone, we have not continued with the direction of the break, which tells us that both buyers and sellers are currently undecided long term as to where to go from this area. We have highlighted the range zone on the chart. Resistance to the zone is at 0.68183 and support...
AMEX:DIA looks solid, HD is one of there holdings. Closed last week with a hammer on the weekly. I like the 305-310C for 7/21. Let me know your analysis on HD this week!
Earning money can be as simple as waiting for the market to pull back to 0.6631 and waiting for a shorting opportunity. Trading could be easy; what's not easy for most people is having the patience to wait for the trading opportunity. They like to get involved in all moves. Mature traders will only wait for the best trading strategy and not get involve in every...
If you have been following me for sometime, you would know that I've my bias in looking to long the US Dollar. At this moment, there isn't such opportunity, but multiple shorting opportunity presents itself, in this moment, the bearish crab pattern, retest on the 4-hourly chart. I will take the trade once the market has show the confirmation and will treat it as...
If you are bias like I do, waiting for buying opportunity on GBPUSD, you might be interested to look for a buying opportunity on the GBPUSD at 1.2445. Should the market break and close below 1.2445, I will wait for another buying opportunity setup.
If you are looking for the next shorting opportunity on EURUSD, you can engage the trade as early as 1.0761-1.0801 on the 4-hourly chart.
NVDA's gap up on a stellar earnings report should NOT have been a surprise, as the chart has been showing strength since January when I mentioned it in my Morning Reports. It was completing the bottom at that time. The trend upward was showing pro traders in control of price after Dark Pool quiet accumulation. It has 64% of the shares held by institutions, which...
Yesterday we saw an impulse rise on EURUSD. On the daily chart, it looks like we already have a bottom and the price heading towards 1,0940 and 1,1100. Important news coming today. With the announcement of NFP, we expect further fluctuations and confirmation of the movement.
My Eaze Strategies is a Strategy thats stress free base on it has just 1 or 2 entry per week and i have used it on Arbitrium(ARB) since they launched and we are Up 20%. In 9 and Half weeks since ARB launched i have heard 4 trades, three wins , 1 lost and 2 did not hit my entry and some did not play my Strategy criterial. if you want me to share this strategy ...
Yesterday we saw a new low in the EURUSD as the daily candle once again remained tailed. There are still no buying grounds on H1 and we expect a breakout of previous highs for confirmation. Before then, we may see another decline and another pushback. NFP data is due tomorrow, where we expect more volatility and possibly entry grounds.
This stock is approaching for its lifetime high & it it does so, it will complete 2nd Necklace. This re-claiming Life Time High may open doors for forward move! This is not a Buy Call, chart shared for learning purpose.
Yesterday EURUSD bounced from the levels below 1,0700, followed by sharp increase. The daily candle closes high, and today we’ll see the close of the monthly as well. There is still no confirmation of a trend reversal on H1 and we may see another decline. We will look for an entry after confirmation, targeting 1.0900 and 1.1100.