Hi everyone! It's Max here, as always going live Pre London with few charts and setups that I am currently monitoring and can be ready pretty soon. If you like this kind of videos and took some value out of my content please don't hesitate to click like, follow and happy to answer your questions. Please don't take this as financial or investment advice. I am...
In this video update we take a look at the trades that were left open for the week where they are positioned and how we can manage them. CADJPY- Breakeven and likely to be stopped after poor retail sales. NZDJPY- hit targets on 4hr trade, daily still open and in profit. EURGBP- open and in profit. USDSGD- open and offside slightly.
NZDUSD technical analysis and trading plan.
In this video update, we take a look at the current open positions on the telegram channel. We are looking to continue the risk on sentiment in the market. We look at managing some open positions as well as discuss what we expect to happen.
NZDCHF looks to be forming an inverse head and shoulder pattern at a monthly demand zone. Price on the monthly chart suggests we could be seeing a higher low and that higher prices could be likely. The CHF is getting weaker of recent and could continue here.
In this video, we take a look at NZDCAD as price rejects the key demand zone. NZDUSD is currently at support and despite the recent USD strength is holding at the level. USDCAD is trading back above 1.3400 highlighting the weakness in the Canadian dollar. Looking to this chart we could see a swing trading opportunity from the current levels to the key resistance.
NZDJPY has been high on our watchlist for a long opportunity for some time now. The 4hr chart is starting to form a higher high and a higher low and is set up for a swing trading opportunity.
In this video update, we take a look at the currency pairs high on our watchlist. We have previously looked at the New Zealand Dollar as we are expecting to see some strength from the currency. We take a look at NZDUSD, EURNZD, NZDCHF, and NZDJPY.
In this video update, we take a look at JPY and our current position on USDJPY. The weekly chart formed a bullish pin candle after failing to close below the weekly lows. This suggests that we can see JPY weakness. Looking across the other JPY pairs CADJPY and NZDJPY are the currency pairs we want to look for opportunities.
In this update, we take a look at NZDJPY as price finds support at the key demand zone. The RBNZ did cut rates yesterday but stated that they don't see any further cuts in the near term. This not so dovish outlook saw the price recover quickly from its earlier lows. Technically, we are looking for price to form a double bottom pattern before getting long.
Hello traders, This my analysis for NZD/CAD, hope you guys enjoy.
NZDCAD is a very wild bucking bronco. Recent price action in a ranging market holds some potential for long or short positions. But at this time it's a waiting game. Avoid FOMO.
In this video update, we take a look at the NZDCAD as price failed to break out of the resistance trendline. Typically, when the market falsely breaks out of consolidation we see a move in the same direction. The weekly chart finished has as a bearish engulfing candle and we could see price continue lower. Looking to the 4hr timeframe, we can see price...
BASE ON THE ANALYSIS PRESENTED WE HAVE A BEARISH VIEW ON THE PAIR FOR THE COMING WEEK, A BREAK OF THE LOWS WOULD BE TRIGGERING A BIG SELL
The NZDUSD pair has formed a nice, large bearish pin bar. The pin bar has a lot of positives going for it such as a very large upper wick, narrow body, and also the fact that it has closed below the upper trend line of the pennant that is currently forming. The negatives with this setup that I think weakens it a bit is the fact that price is still contained...
Above is my verbal take on where market is headed. Market is following a channel which can be observed on the Daily and 4HR view. Prices are consolidating within the published view, so expecting a big move within a week or two. DISCLAIMER; Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is...
VERY INTERESTING PRICE ACTION THAT SUGGEST A BIG SWING TO THE DOWNSIDE TO COMPLETE THE PATTERN
In this screencast, I show how shorting on a 2H time frame is optimal for me to take a controlled loss. I explain where I see the big trends and some smaller trends. Note that this is not a prediction, or recommendation to short. I use a very different methodology which is not 'just on the charts', though at times in simplifying things it may appear like a...