Expecting to see a Bull run here - the price has left the lower Octave level. Swing trade Long. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and...
Looking at the next turning point of this pair - it looks like we can expect a short down to the target zone before a pullback and would expect further bearish momentum after that pullback. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and...
It's nearing the Gann level above - There's also an element of the big money now had it's fun. If you look at the COT Data, it's favourable to the JPY. We should see one more push to the upside and a half-decent decent from the Gann level. Looking at a lot of the trade idea's here - I think this push up was almost entirely to collect some tight SL's before it...
After a 500+ pip trade up - the saying goes "what goes up, must come down." Monthly Gann level - Heatmap over cooked. Daily and weekly lining up nice. The UK will be one of the worse Covid hit countries in the world! Let's not even mention Brexit! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our...
Supporting the EJ idea earlier this week. You can see a Weekly Gann level just above the current price level. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit...
A couple of key Gann level touches in the last week or so. We might see a little sell off here, the Currency strength index shows a potential turn on the JPY and coming from oversold on DXY. Overall - this pair is conflicting. So we are waiting for confirmation either way. But for now, the Bias could be more bullish. Disclaimer This idea does not...
Excuse the messy drawings - but what we have on the GBPJPY here is a weekly time frame and a 3rd touch of the Gann line going down. It has touched and rejected. Heiken candles have then come all the way back to the trend line and below the T3. With the extension we have seen, some exhaustion might be starting to set in. In terms of COT Data - we have a 32.6k...
Nobody really knows what is going on with the economy, the stock market or anything else if you watch the news! Looking at this purely based on the charts - the index is struggling to the low side & you will see the candles are small with some decent wicks. it needs to break above or below the white trend to confirm. However, it is currently sitting above the...
Day trade short - indicator called a short, not much else to this trade. Tight SL after the extension of the bullish move. will look for an entry short. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup...