AUDUSD actually did rapidly sell after the rate announcement at 12:30 AM EST. It is already below the 200 EMA and has just broken structure on the downside by crossing below the 50 EMA. - MOM looks like it is on the 0 line but it is actually negative which for me is a bearish confirmation. -STOCH is below 50, facing down and the orange line is above the blue....
Hey Rich Friends, EU did sell and 40 pips were secured with TP 1! I am hopeful that TP 2 and TP 3 will be reached soon for a total of 80 pips and 1:1RR!
Hey Rich Friends, I set a buy limit for EJ last night and it triggered and hit TP 2. The key to any strategy is to trade what you see, not what you want. We are retail traders, not market makers, please listen to your indicators. The main reason why I decided to take a risk on this buy is that although the market was moving sideways, the candles were still...
Hey Rich Friends, This trade took a while to develop but better late than never! I used my simple 4-indicator strategy to spot a bullish trend on GU and secure 40 pips. It's simple: Indicators: 50 EMA (blue) 200 EMA (purple) Momentum (turn on price line) Stochastic (turn on price line) Bullish confirmations: 1. Candles above/crossing up 1 or both EMAS 2. MOM...
Hey Rich Friends, EURGBP might provide some great bearish/selling opportunities this week. Here is what I am looking at: - Prior rejections in this area (red rectangle) - Candles below 200 EMA - 200 EMA preparing to cross 50 EMA on the Weekly time frame -MOM is negative - STOCH below 50 - GBP news on Tuesday, Wednesday, and Thursday Market Execution Or Sell...
Hey Rich Friends, I am happy that after hours of consolidation, the EU market did sell just as I had forecasted yesterday. It has been a long and slow week for me trading my usual EUR pairs but the big drop, break of structure, and bearish engulfing candle that happened this morning were exactly what I needed! In this video, I will review the strategy...
Hey Rich Friends, I think EU will continue to sell. Here is what I am looking at: - Candles are below both EMAs. My bearish confirmations are met. - MOM is facing down and negative. My bearish confirmations are met. - STOCH facing down, below 50 and the orange line is above the blue line. My bearish confirmations are met. - The current candle has closed...
Hey Rich Friends, Although this trade took some time to develop, I am happy to see that my TP 1 was hit and hopefully the market will continue to sell. I used the same strategy that I posted about in my viral Editor's Pick video, "The Best Forex Strategy I've Used in 3 Years | 4 Indicators" and you can learn more about it by watching it on my Tradingview page....
Hey Rich Friends, I am happy to say that after 4 days, this trade has finally hit TP 1 and it looks like it will be moving to TP 2. A classic case of HOLD DON'T FOLD. I used the same strategy I always use in all of my videos with a little bit of supply and demand in the mix. I hope you guys were able to secure some profits from this trade idea even though it...
Hey Rich Friends, Happy NFP Week! Please remember to check the news and trade with caution. To start this week off, I think EURJPY will continue to buy and here is what I am looking at: - Candles rejecting price going lower in the demand zone - Candles are above both EMAs and the blue EMA has crossed above the purple EMA - MOM is facing up and positive -...
SPX setting up positively ahead of tomorrow's CPI release. IF stochastic can hold in its upper quartile, an underlying positive momentum will be present. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex...
The DAX daily chart has bullish elements to it, but the hourly traders have not synced up to them yet. The weekly real yield is in uptrend, which should act as support for the USDOLLAR and as a headwind for the risk markets. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM...
SPX500 setting up bullishly pre-cash open. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts...
The weekly real yield is in uptrend, which should act as support for the USDOLLAR and as a headwind for the risk markets. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high...
The weekly chart shows a downside bias. However, support is holding. If the hourly chart develops bearish signals, support may be tested and if longer term downside momentum holds, support is likely to be broken Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets...
Tesla weekly trend shows weakness as short-term traders hammer price down. Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com) CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor...
Amazon weekly chart analysis indicates an overbought condition at significant resistance. Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com) CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of...
Bullish case: 1. End of corrective wave 2 2. Price-RSI Divergence 3. Price-Volume Divergence 4. RSI double bottom