Traders, In this video we reset our analysis and start afresh. AUDUSD is showing us some very good moves. Also watch it till the end, I have included few important free educational tips as well. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know what you think...
Mr Glenn Neely in his book MEW asserts : Breaking a trend line that connect W2 bottom to W4 bottom in less time that W5 consumes is sign that the impulse trend is over (at list in lower timeframe). Also Mr Robert Miner believes that when DT oscillator reach Overbought zone we have at least 4-6 days side ways to down and we should wait for next look back. As we...
DXY is showing signs and confirmation on moving bullish. I am using that information to better calculate where price will move from that. Many confirmations that took place as well. Comment for any questions and make sure to follow to continue being updated. Here is the link to the YouTube video of the podcast (The Trader's Hub): youtu.be
looking at a taking a long position on USD/CHF. I expect a counter trend move to the upside, and will look to scale in profits at key areas such as daily 50 ema. I see potential a move up to the previous swing high, which will also offer a great R:R. As well as a multi touch trend line, we have weekly support and very string MACD divergence on 1D and 1H. Hope...
Will be monitoring the chart over the next day closely. Strong rejection at 0.5 fib level with a strong resistance above 1649. We will see if the candle will close above the 0.618 Fib Level. I expect it to bounce back and forth before making a significant price movement.
Hopefully we get a nice flat we can buy on GU next week ill be watching for sure , hope everyone has good week.
Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
BTC has interacted with the support line non-stop for over a week now. The one thing worth noting is that it has refused to close under the line, today's candle will give us strong clues. What BTC is doing now looks a lot like what was happening from November to January before we started moving up (example 1.a). With support and resistance, you will test and...
Heading into this week with lots of pairs on watch. After shorting this pair down last week, it is now offering great R/R for a long. This pair could make us some good money this week! If you like my posts, please give me a follow! if you want to learn how I trade, drop me a DM on here or on IG @saxonpooley! Have a great week!
This will be my 6th trade of the month if it gets triggered at entry. You can see all my past trades and comments on my profile, we want to test out our ability to use technical analysis with risk management over a set number of trades to know if we have an edge and give us a statistic edge.
After a strong move to the downside, we have now pulled back to retest this key area of (now) weekly resistance. I potentially will look to set a short order after 10pm GMT, once the daily candle closes. If you are interested in learning how I trade, drop me a DM!
While the bear's corpses are still warm, here are my thoughts on the Tesla beautiful madness that we’ve all been witnesses to on the 3d and 4th of February. I guess that literally, EVERYONE was there, trying to get their piece of the action in Tesla. Some late to the party retail investors, all the day and swing trading crowd, with their pitchforks and torches...
Please see the picture below for the analysis. feel free to respond with any questions or comments.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning. Please manage your risk-reward accordingly. You are allowed at any moment to leave any comments below as those...
AUD/NZD LONG TERM SWINGTRADE (WITHOUT RR)
From an early age the government have you brainwashed into a negative mindset (although they portray it as positive) They want you to do well in school, go university, buy houses with a massive mortgage and get things like cars on finance just so you get in debt and have to stay stuck in that low paid dead end job that you hate... Working to make others rich, and...