GBPUSD H4 - Corrections seen after the big rally and upside break yesterday, eastern session has pretty much been purely corrective moves, coming back into the EUR/LON open, we may be able to expect bullish continuations, may hear a little more on Brexit progress today before the weekend.
GBPJPY H4 - Amended the resistance price here and pushed it up a little to accommodate for the recent attempts upside (which we are now classing as resistance). A break above 140.600 and retest of 400 could set us up for a break and retest for upside continuations.
NZDUSD H4 - Hugely bullish bias at the moment as these eastern pairs (A/N) keep inching higher and taking advantage of the soft USD at the moment, no doubt a correction will be due for the USD and we could see a retest of this broken zone.
EURCHF H4 - Another fresh low set and we are fast approaching support, this next bearish wave could be the start of the reversal as we enter 1.07200 support region.
GBPUSD H4 - Popping up higher and breaking above correction highs, failed to set new lows means GBP pairs are seeing a bit of a SUSTAINED RECOVERY from Mondays selloff, not just a corrective pullback, if we retest and sit on 1.34 support, we could look to scout out longs up to 1.35. Back in trading range, and volatility has settled into this week.
The price tests the support and resistance area and continues the uptrend....💎
NETFLIX, H1: Mirror level + Support line + 2 Hammers + Side of Bollinger bands + Hidden divergence
Hi history teacher making 20k a year and day trading with £1 million positions. Very Very Very Very Very strong support. The price keeps bouncing. Why? I have no clue, and this is the beauty of Technical Analysis ™. Everything is reflected in the price. We do not need to spend countless hours doing research. Technical analysis & the price reflects everything and...
NZDUSD H4 - Support zone held nicely, lots of confluences on this support zone. Monthly key level, local support zone and, whole number support. Ascending trendline too ties in nicely. Not sure how much mileage this has in it, but already pushing 1:1.
Some have asked me my opinion on gold & the stock market. I sort of already wrote it in other ideas a bit here a bit there but I'll make a clean separate one. I'll be able to show this to the bagholders that joined late and rage at me telling me I am sore I missed out, in a year or two. Make sure to replace "will" by "I think the probability of this happening is...
I've decided to execute a long AUD/NZD trade back to 1.10000 level. After seeing price retest the daily support, 50% fib, 50 EMA, oversold stochastic with multi-day rejection followed by a bullish engulfer, this trade seems like a no brainer to me. (Note, this is not a signal, just general market analysis)
AUDCAD H4 - As we mentioned on the EA analysis, AUD seeing corrections, pulling back to our S/R zone and ascending trendline support. Would be good to see another bounce from here and another wave upside setting new highs.
GBPAUD H4 - Still a little short from resistance, but looking for very similar play here to USDCAD, really nice RR, nice clean support zone, lets see if we can get some candlestick confirmation from support and trade back upside again.
AUDCAD H4 - Little way away, but we smashed through that 600 price we were talking about in the previous rundowns, now looking for a trendline retest for the next possible long entries.
USDCHF H4 - Cover this one in the rundown too, two zones very close to one another, double bottom could still play out. But not overly fond of dollar performance so far this week, got the zones marked on, could just use this pair in confluence with others.
Waiting for some rejection on this level and then taking longs, unless it totally breaks support and doesn't reject, then will wait for retest and short as long as it isnt too late in session bears are in control but fakeout could have bulls take over
Seing a lot of messages like this: "Just spent a day with a friend with zero investing experience. Says he is up 60% on airlines stocks with 50% of his net worth. Claims this Wall Street stuff is easy and he should just quit his good medical job to day trade.". You know what this signals. Looking at a specific example, Dave Portnoy runs a website and was on the...
JDST Day Trade Potential Long term it is also looking like it's about to reverse back up 20% over the few days.