We are at a very interesting price point with gold and the worlds economy at this current time. We have seen Gold prices reaching their highest levels since 2013 as all the big players have been accumilating the yellow precious metal. Where as silver has started to outperform the yellow metal, traders and Investors have began to realise the economic impact of...
A trading buddy and myself decided to come together to tackle a few currencies, this is one of them. The Euro/US Dollar used to be on my radar until I swapped it out with a currency pair that's known for being more aggressive with it's movements. I do plan on adding it back into my watch list once I'm ready to take on more swing trading opportunities. Let's...
Let's see what happens. Bias: Bullish, but stay flexible. *NOT FINANCIAL ADVICE* P.S. I'll be publishing a lot of my ideas back to back in the coming days across multiple markets. It's honestly for me to keep track of my work along with sharpening my trading skills. So, enjoy.
Yesterday's British Pound/US Dollar analysis was done from a Weekly perspective for the... somewhat overall direction. Today we're diving in from a Intraday view from the H1. Be sure to go check out my Weekly GBPUSD analysis too! The purple horizontals represent a huge Order Block that was breached (broken on certain time frames) so what I'll be looking for in...
Prepare your bullish soul if we get a hard drop from a correction tomorrow
twitter.com All these talks about BTC being the safe asset during the economic turmoil and Financial crisis... It is now the perfect time for it to step up to the plate and rise to the occasion. Is it finally BTC's moment to shine? Let's take a quick look at what happened during the weekend. The fast and furious drop is the result of thin liquidity and...
We've been heading to mitigate out to the downside for the last 3 weeks. I've been holding a buy back up to the mitigation levels in anticiaption of a drop to the 63800 price points where another mitigation play needs to take place. As always.... PATIENCE - CONFIRMATION - ENTRY - PROFIT
I'm in for the first potential retracement move to the downside before I look for entries back to the upside but would prefer the higher entry. We can only trade whats in front of us however, game of educated probabilities....
I still genuinly beleive there will be a UK market crash this year or early 2021 due to brexit, the chart set ups and other economical data give me the confidence of this happening. We will just have to wait and see how this plays out after the UK officially exit teh European Union at 11pm tonight but I am ready to capitalise on this misfortune...
If we can hike to the 1.93300 price level to fill imbalance and mitigate out of the open order, I would be looking to swing this pair right down to the 1.80600 levels sweeping liquidity and filling imbalances. As always.... PATIENCE - CONFIRMATION - ENTRY - PROFIT
We've had the weekly distribution schematic happening perfectly so far, now marking this up again I'll like to see the 2nd LPSY be made for our 1000 pip entry move to the downside which adds confluence of our GBP based pairs heading to the upside long term heading into the first few months of 2020. From that point on I expect EUR to then start to rise begging a...
BTC is off to the good start this year! Can it last though? I will spare you the head and shoulders bottom. Let's focus on the sentiment analysis because I think it provides important clues for the potential trend reversal. It is good that BTC broke out of the 6 months downward channel with above average volume on the daily timeframe and also managed to...
EU is not my favorite pair to trade but i see a long for sure, seeing a trend and finding balance before seeking liquidity to the downside