Shorting based on on using the linear regression channel to establish value for money. The price was overbought on the daily and H4 (i.e. interacting with the upper linear regression channel). The previous two days candle have been toppy and interacted with previous support and resistance areas. This adds weight to the decision to short, as well as a reference...
EURNOK SWING SHORT - Weekly (Bearish) : Multiple indecision candles with a bearish rejection - Daily (Bearish) : Bearish candles overpowering bulls - 4hr (Entry) : Head and shoulder with trendline break. Tweezer tops off new down trendline & 50 MA EP: 9.74527 SL: 9.80945 TP1: 9.68129 TP2: 9.64723 www.pipkingsfx.com
In this video , you will learn what is my trading plan for gold you will also learn: Structure Inside Bar Pin Bar Doulbe Top Multiple Timeframe Analysis Trade what you see Please watch the entire video and enjoy learning Plan your trade and trade your plan !
Using linear regression and resistance to guide this trade, across multiple timeframes there is reasonable indication that the price could be overbought and move lower. ENTRY At the time of the video, there was some support appearing on the lowest time frames (5, 15min) but should that get broken a move towards the mean of the linear regression channel is...
Shorting based on on using the standard deviation channel to establish value for money. The price was overbought (i.e. interacting with the upper standard deviation channel) on Daily, H4, H1. The break of previous support which turned into resistance on the lower timeframes (15min and 5min) gave enough premise to short. Stoploss placement above previous lower...
Macro-economic Overview Essentially, it’s looking like the bear market is becoming more probable month after month. Tons of macro-economic bearish signals: Euro economies taking hits (Germany narrowly avoided a recession last quarter but has seen 0 growth; UK recession looming as well especially w/ no Brexit deal) We’re currently in the longest US economic...
We have multiple confirmation on AUDNZD which can indicate a bullrun on this pair. Monthly Key Level - Morning star and bullish engulfing Weekly Key Level - Bullish Engulfing Daily - New higher high with a possbile Higher Low being created on the Daily Time frame @ 38.2% PRZ level.
Fundamental- AUD 1) Reduce China Cooperation 2) PM-Promises for $ 1 billion in business Fundamental- USD 1) The USA supports Iran's oil export 2) US housing market indicators can be weak and may not be good news from the manufacturing index
Continuing to monitor EURUSD for indication of a further downside move
Understand what you are trading and your strategy. Don't just take action because someone said so. Sink or Swim. Martin Long and Short Zones Martin Support and Resistance Martin Trend Meter Martin Stochast Trend Martin Momentum Lines Martin Drop Coming Martin Rise Coming setup: 1. add martin trend bars, add martin S/R, add martin L/S zones to...
Rought TA. Looking for a zone change red as the trend meter has flipped red.
Based on timeframe analysis, this a intraday short trade centered around : Break of Structure on the H4, H1 and M15 Test of a strong daily resistance level Bearish engulfing candlesticks showing a change in trend momentum Retest of the break of structure before continuation of new trend I also showed my projected stop loss and take profit areas. Be...
In today's video we look at Gold and how it has technically completed a double top pattern. As the USD strength continues we could see lower prices in our commodities with key levels playing important roles.
A look at how to trade the market when it's in consolidation, but using multiple trading techniques & putting them together to build a case for entry. Akil
There has been serious price movement overnight. The gamblers out there shall be placing bets in the 'casino'. Sorry, it's not for me. As far as my analysis goes, BTCUSD is still pushing heavily south. In a previous video I warned about BTC having a near death experience driven by FOMO . I'm not telling people not to trade this. I'm saying that this is...