Hi everyone Eur usd from analysis on the break of lower low and pitchfork lines has shown me we are going down so my if then statement is as such: If this market continues to take out the previous buyers going down then I will set my tp to either the first tp or second depending on how deep we go in the market: I am looking for the euro usd to keep going back...
Good evening everyone From what I see if this top area holds , sellers will be in play as we have been creeping down slowly with higher lows and lower highs. My analysis is if the market breaks to make new lower lows then I will expect the market to at least hit my first tp and if the market breaks down further the other tps maybe hit in the process. your...
After a bit of a funky false breakout the GBPJPY has finally started to retrace & now is approaching a level that's on my radar for a potential buying opportunity. Akil
The EURGBP is currently in a state of sideways movement which is called consolidation. Consolidation leads to expansion, so as i analyze this price chart they question that I want to ask myself is IF Price action breakouts out to the ___ side THEN where is it likely to continue to. Doing so will allow me to see if there is enough potential profit (with limited...
As posted earlier we were seeing a potential down-side for this pair. As of right now we will have a total of 2 active entries (Medium and Short). We will be looking to add another position at the close of the 4H candle, if it ends up being a bearish candle. Our T/P is roughly set between our Monthly Support and our -27.20% Fibonacci Area. If this becomes a...
I hardly trade this pair anymore. Despite paying well as of right now I've been taking a small break from this pair. Anyways; the main question is. What should we be expecting for this pair? Well on our 8H chart; we have actually closed well -BELOW- our Trend-Line. We should be expecting a push to roughly around 1275.00. As of right now on both Short-Term and...
We've been in a -STRONG- down-trend. Strong enough that our overall bias on higher time-frames may change to a down-trend. Almost all of today we have seen this pair retrace; which is normal after a long session of bearish movement. As of right now; we are in a interesting spot. If we see price closing above at the end of this hour we could go back to a...
As posted previously on our Market Update; we may see more of a down-side for this pair. We went ahead and placed a VERY AGGRESSIVE entry on this pair. As we saw that our 4H candle has closed -BELOW- our trend-line. As price has been in a STRONG down-trend we wouldn't be surprised if we see price retracing a little bit. Needless to say we have a pretty decent...
Could we have a possible down-side for this pair? We are in a odd spot right now for this pair. For the past couple of days we have been descending aggressively after a whole week of bullish movement. But we could have a possible entry upon us. If at the close of the 8H candle we see price closing -BELOW- our trend-line. We would have a nice -SELL-...
We may possibly have a entry for this pair once again but to the upside. We are still awaiting to see if at the close of the 2H chart if we possibly have a trend-change. If this candle closes -ABOVE- we will be placing a nice solid -BUY- with our overall target being our Monthly Resistance. You can also place a VERY AGGRESSIVE ENTRY at the close of the 1H...
Are we finally going to have gold dropping? I've been anticipating a drop for gold since last week. However; we haven't had any major confirmation. Regarding this Medium-Term-Trade we may have a down-side coming to us this week. Now the gold market has just opened 45 minutes ago. So a LOT can happen until our daily candle closes. If by when this daily candle...
Could we see a possible down-side for USD/JPY? Previously we have seen that price went into a small bullish trend. As you can see it didn't go too far; as it rejected our Major Trend-Line. That area was a extreme critical area as it aligned with a Major 38.6% Fibo area. What do I need for a entry? If we manage to see price closing -BELOW- our Minor Trend-Line I...
AUDJPY is setting the bias for bullish nicely. We already have prices moving with Higher Highs and Higher lows forming with prices currently sitting at the trendline on H4. I would be keen to buy should I see a Higher high form and then a Higher Low(as drawn on H1), before I get a break of the Higher high on H1 (marked with an arrow) for my entry.
We have seen a minor pull-back. Price has broken our Minor Trend-Line and I can see a down-trend. We have already placed a -SELL- for a Medium-Term-Trade this is just an extra entry. Our T/P is going to be set to our -27.20% but we may extend it later on. *This is NOT a signal. For inquiries on our advance training please email us at TheForexClubFX@gmail.com
1 minute ago This is my first post and I will like everyone reading it to maintain an open mind as I will be analysing the GBPUSD 0.03% chart based on current price action. Later I will discuss my trading strategy (and a bit about my 11years trading background) which should be easy to follow and do not hesitate to ask questions in case you felt I left certain...
I´ve spotted an potential Gartley on the 4H TF. Plan your trade and trade your Plan.
I just put out a video breaking down both of these advanced patterns on GBPUSD. You have a bearish bat pattern that will potentially complete at 1.3015 and a bullish cypher that will potentially complete at 1.2813. In the video i also cover a few different ways to enter short on a structure trade on USDJPY. If you would like to see the video here is the link. ...