Good morning all, I hope that you had a great weekend and that you're feeling suitably refreshed and focused. On the subject of focus I missed the AUD/JPY trade on Friday which I said on here as early as Thursday morning might be ready by Friday, because my mum bought herself a new phone last week and I was busy transferring all of her details and data over from...
Good morning guys and girls. I hope you're doing well. So AUD/JPY is doing what I suspected it might do whilst I was creating my Thursday Forecast and now it looks like it might be ready to give me a risk entry by the end of today. I also know from the testing that I've done that very corrective pairs such as NZD/CHF are also very reliable where risk entries...
Good morning guys and girls. I hope you're doing well. So AUD/JPY is doing what I suspected it might do whilst I was creating my Thursday Forecast and now it looks like it might be ready to give me a risk entry by the end of today. I also know from the testing that I've done that very corrective pairs such as NZD/CHF are also very reliable where risk entries...
Last week, oil failed to break through the $67.63 support level and rallied back, retesting the trendline. So the trade plan for next week is to hold the buy position from the previous week and see if oil can break over the trendline. (Please review the prior trade idea to get a better picture of what I'm talking about.) Breakout of the trendline might push oil...
Good morning all. I hope you're having a fantastic week so far. So I'm currently still in my EUR/GBP trade (for the moment at least). The momentum never really kicked in to the upside as I'd hoped and then price retraced very aggressively in true EUR/GBP style. On the balance of probability I thought at this point that I'd probably be tagged out for a loss...
Hi guys and girls, I hope you're doing well. I'm not sure when I'll be returning home yet, but just to say that as soon as I have I'll be making some more videos for you all. As I mentioned previously the airwaves where I am regardless of whether I connect through the wifi or I tether via my mobile data seems to be so saturated now that my trading videos no...
Bitcoin has just retested it's previous level of downward pressure. This could just be a pullback which will push us above the highs or a failure back to the $35,000 level. The current candle formation, within this short term downtrend, is showing to be extremely bearish. Look for price to retest one of the solid white lines I've drawn, before adding to you...
Morning all. I have three pairs on watch today. The first one I'll almost certainly not be trading now which is NZD/CAD, because I just placed a market order on AUD/CAD and I never have more than 1% of my capital exposed to any one currency at any one time if my bias is the same on that currency where both currency pairs are concerned. But it's possible that...
Hi guys and girls. Just one pair on watch for me today. We have a nice doji suggesting a possible reversal to the downside along with some fairly solid structure. If my requirements are met then I'll be looking to get short on this pair today, however as I type we're starting to get some momentum kick in to the upside. If this continues and price pushes up to the...
Morning all. So I made what I think was one of my best videos ever this morning in terms of the value which I believe it would have provided you with, but alas once again I couldn't connect to a stable enough internet connection for it to upload without the uploading failing repeatedly. I was made aware of someone else on the street that I'm staying yesterday...
Morning all. So I made what I think was one of my best videos ever this morning in terms of the value which I believe it would have provided you with, but alas once again I couldn't connect to a stable enough internet connection for it to upload without the uploading failing repeatedly. I was made aware of someone else on the street that I'm staying yesterday...
*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only* ========================================================== Found this one recently for a trading strategy for me (not HOLD). Using naked price action analysis: 🔸 Descending wedge (bullish) 🔸 Entered at 0.03, will exit near Fib 0.618. IMO this is gearing for another leg up, but watch for the...
If you haven't gotten into AMC long, this is the time. Regardless of all the talk about the short interest, or other fundamental factors, the technical chart shows a perfect entry. Whether you want to day trade this or hold it for a few weeks/months, this is a great momentum play for any trader of any skill level.
How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and...
How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and...
How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and...