Today's focus EURJPY (EURUSD & GBPUSD) Pattern – trend continuation Possible targets – 148.30 – 148.65 Support – 146.65 Resistance – 148.30 Indicator support – hard sloping EMA, 0 line dip and break. Looking at the EURJPY, we can see that buyers have started to set up a new continuation pattern after yesterday's fightback buyers have set new highs today but...
Today's focus USDJPY Daily Chart Pattern Support hold/trend continuation Possible targets – 134.95 – 137.35 Support -133.90 – 133.70 Resistance –134.70 – 134.95 Indicator support – Price above MA with upslope CCI above 0 line Will today's push higher turn into something more on the USDJPY? Buyers so far have set the tone with a 0.42% rally to today's high. Some...
hi MYR chart Built demand zone and we can take in position there for 1:8 RR , its good , isn't it?
Hello everyone, In this update i talk about how i missed the opportunity to long BTC but also talk about another opportunity in Doge and why i have been buying since nov last year. I know that people think Doge is worthless but imagine if Elon starts accepting payments in doge for blue check marks. That will prop up doge really hard. Overall the market looks...
Forex trading can be a challenging and complex activity. As a result, many traders struggle to find a strategy that works for them and often lose money. One important aspect of successful forex trading is multiple timeframe analysis. This post will discuss how to perform multiple timeframe analyses in the forex market and how it can help if you're struggling with...
Price action analysis on GBPUSD. Key levels. Potential scenarios. Your trading plan. ❤️Please, support this video with like and comment!❤️
Hi, thanks for taking a look at today's update. Today we are looking at the USDJPY as it's a good example of multiple signs that could show a new push higher. Sometimes the more evidence you have to back up an idea, the better. Sadly, that won't be a guarantee it will work out! The majors continue to see a sold session to the JPY today. The GBPJPY posting a...
Upon color change of MA line, wait for first bar to close to confirm color change. Enter on 2nd color change bar on MA after cross in DMI or if DI+ or DI- is above 25 or ADX is going higher or is above 25. Set TP at 1 ATR ( I set a bit below ATR to ensure I hit my TP) SL is either a bit below previous swing high or swing low. Think I might do stop loss 1 ATR away...
This trading setup & trading rules has over an 80% win rate! 400+% in one month on 1H chart! Set TP at 2 times the ATR for entry candle. Set SL at Highest High or lowest low + 0.5 ATR for a cushion.
AUDUSD just made a new lower low. Thats inviting. I'm setting myself up to take another sell on her. I discuss the details in the video. Today, I'm going live at 1:00 pm EST. If you can't make it be sure to catch the replay. I'll be chatting on how to analyze your currency pair for trading success. I hope to see you there. -Shaquan
EUR/USD pumped up for the fade in late equities hours in NY. No momentum so just took some low hanging fruit off the tree.
USD index has formed divergence. Looking at the daily chart, we can see a familiar pattern forming between price and the 10 CCI. This pattern is called regular divergence, which can tell us that a possible reversal could develop. In today’s analysis, we have run over the divergence pattern we are watching and Friday’s price action, which might give it more...
Shorted gold and GBP after the US data. The data was inflationary and there has been a build-up of it so we should see some explosive stuff today and \Friday
Here are some more setups including oil ahead of CPI
In this video I showcase the setups for selling into built-up longs in the NY session in cable and USD/CHF using SB strategy and an indicator template that I'm working on with rules...work in progress.
In this video, part 2 of the day's NY trading, NAS and Gold were triggered. Should be one or the other but for demonstration purposes, both were taken. Thankfully both are at breakeven. However, it's not been the kind of day that we would have hoped for. Really choppy out there as has been the entire week - horrible conditions despite catching some good...
As per the per Wall Street cash open analysis, the US dollar rebounded from early weakness giving us the trades in the US dollar pairs that we wanted, with GBP blowing off in a stress-free textbook scenario as explained in the prior videos and concluded in this one.