If you lack confidence in ability as a trader I am here to encourage you. Being a forex trader can be hard, but when you learn the steps it takes to become confident in your abilities it can become more simple. In this video, I am going to give you the 4 steps I give to my clients who work with me for 6 weeks in our 1 on 1 sessions. I'd love to know if you've...
USDINR is rising on rising sharply due rising crude oil prices this week, as European nations has said No to Russian Oil. USDINR is looking strong and can head to levels of 77.8 where it can face huge resistance. If USDINR manages to trade above 77.8 levels on daily and weekly timeframes, then it is heading towards 78.5 levels. If BEARS managed to hold USDINR...
Do you know if you are a counter-trend trader and if it fits your trading style? We will need to analyze what a counter-trend trader is appropriate to answer these questions. Counter - to move against Trend - the latest direction in which something is moving Trade - to exchange If you put all of these terms together, a counter-trend trade is an exchange...
EURUSD in corrective mode likely. An Impulse wave up likey has completed for now...
Hey Purpose traders. Did you know the Euro and Dollar are negatively correlated currency pairs in the market. What this means is the EURUSD moves opposite of the dollar index (ticker symbol DXY). In this video, I will show you the supply and demand technicals behind the currency pair and index. Please understand this is not a signal, but an educational video. If...
Looking at the USDCAD on the daily chart TradingView community, could we see a new move lower if sellers can reverse today's rally and break last Friday's low? We are looking for that low break as it will back up a break of the fast trend and confirm the current bearish CCI. Risk markets look to be back in vogue on the short term, but this could be a short term...
What I love about USDJPY is she has been showing clear signs of an uptrend. She has been creating higher highs and higher lows for the past few months and it has been a joy to watch. I've not been able to catch all of the opportunities she has presented because she doesn't fit each of my 3 three rules, but 'm hoping she can meet it this week. If she can...
Technical Analysis and Outlook: The rebound to Mean Res 1.065 is completed as specified Daily Chart Analysis For April 29, 2022. The next down move is marked as Next Inner Currency Dip 1.031, and the future Outer Currency Dip 0.9765. Bullish movements are possible within the current downtrend - trade appropriately.
GBPUSD is gonna buy hard, for about the next 1 to 2 days its bill rise. here is my analysis to prove that
OOH multiple timeframes analysis can be hard for beginner traders. It took me a few years to understand how to pair the right timeframes together and what to plot on my each timeframe to help me find my entry. In this video, I am sharing a trade idea on CADCHF. It's just an idea until I receive my entry, but it can be a good setup if it works well. You'll get to...
The Japanese Yen pairs are one of my quote pairs to swing trade. USDJPY and EURJPY tend to move the same from time to time because they share the Japanese Yen Currency. In this video, I'm sharing my view of the analysis step by step. So, take your pen and pencil, well mouse and keyboard out and let's analyze the pairs.
AUDUSD was a great setup. I won't be taking as many of these in the future after this week so I'm enjoying these 4 hour setups while I can. I'm going back to my roots as a long term swing trader who holds trades between a week to a few months. It's more relaxing to me and improves my mental health. Remember, to do what you love and not what everyone expects you to do!!!
Price has decreased over 400 pips the past few weeks. It has made a new 4 hour lower low. If price can pullback to my zone I’ll sell for a quick trade on the 4 hour timeframe.
Cable or GBP/USD did not finish last week well and has started this week by seeing another dive lower. Taking a look at a weekly chart I can see the following information – we are in new lows for the year and about to hit the 1.2675 September 2021 low. Is this likely to hold? It is possible – the weekly RSI is low (but not showing sign of divergence currently) but...
This pair has continued to unfold as projected, albeit there some variations in the expected formations of the projections made. Executing according to plan has worked successfully over this month. I am waiting to see market structure form over the next couple days as this is when I anticipate my next move forming accordingly. Patience is key, I anticipate...
Price has continued to unfold as projected. I see further drop toward the 0.71043 price region. I am anticipating the next continuation entry to form over the next couple of days, an executable entry in line with my analysis will be setting up soon. Once price has performed something in relation to signaling the weekly bias (H4) I will execute my next...
After retesting Mean Res 1.089 first time followed through to Mean Res 1.093 was again retested. The stoppage occurred at a solid bottom marked Inner Currency Dip 1.077. A drop to Major Key Sup 1.069 and Next Inner Currency Dip 1.056 is inevitable - to some extent, bullish moves are possible within the current downtrend.
If you struggle catching 100 pip moves all hope is not lost. It just takes a bit of tweaking the right strategy to find great longterm moves. In this video I will be sharing with you 3 tips on how you can become a swing trader who can catch massive moves with the stress of day trading. Let me know what you think by leaving your thoughts below.