I think price will go to 0.96080
With that in mind we see price just came off that weekly fair value gap and broke structure to the downside
Guessing a fair value gap will form on the daily to facilitate shorts
On the 4H I'm expecting a pullback into premium before I consider shorts
But for day trades you can try to buy this as the pullback may seem as a trend...
After yesterday missing out on potential profits I decided to go through my notes review them and see If I can make some profit today.
Bought on the premium during London sesion. TP - 2 of them at 2% and 3 of them at 3.2%.
1. For Bulls: The plan today is pretty simple, if price breaks 1.02007, i expect to buy until 1.02227 and 1.02472.
2. For Bears: Sell below1.01862 for targets at 1.01666 and 1.01502 respectively.
Note: Kindly use proper risk management to avoid regrets.
Join me at London Open for top down analysis on EURUSD and Ger30 index. If we see the...
This objective set up happens everyday around this time.
The DXY has broken north like an inmate that just broke out of a Mississippi Prison :)
Thus confirming the SHORt on EURUSD.
The key to finding this set up is identifying the Daily BIAS on the Weekly and Daily TF.
Never over leverage.
Trust your trade set up.
I Am PRO TRADING MADE SIMPLE
London Set Up Pipeline Narrative:
There are approx 50 PIPS left in the ADR .
10am London Payout will give 30 pips.
TZ is the end of that Range.
The DXY is taking off like one of Elon Musk's Rocket Ships:)
Another Reason WHY EURO is dropping it like it's HOT!
Never over Leverage.
Trust your trade set up.
Follow the Money.
I AM Pro Trading Made Simple
This is an overall look at how I see the market.
Knowing market Mechanics is knowing WHY the market moves.
To trade consistently in the Forex Market Snipers study what we trade. We learn their moves and patterns. As we gain knowledge and gain history with this pair we begin to understand WHY and
what TIMES of the day it moves. We then devise strategieS and...
Good Morning traders
Today we have the non farm payrolls coming out, For now I have my eye on GBPUSD, expecting the volume to carry GBPUSD lower, Price is trying to break support, We need to see price break and close blow current m30 support and then retrace and reject before we can consider selling,
My 1st target is at 1.25550 where I will secure most of my...
GBP/JPY has been bullish for some time now with high momentum pushes on all timeframes
there has been a recent correction and some support formations after a decent rally.
with no significant pullback in place since market open, I opted to take some sells should we break the previous candles lows come market open.
On this occasion, the market fell below the...