EURUSD: PerspectivesI don't know which way EURUSD is going - as my analysis are time frame dependent and trend-dependent. Plus my crystal ball was broken many years ago, beyond repair! :))
In this screencast, I've reviewed from Weekly down to 15 min time frames. I'm in too much doubt. When in that state of mind, I'm happy to stay out and be left behind to miss loadsah equity or profit.
Recently for example I bailed out of a long position on Oil - and thankfully I did so. If my probability estimates in my own mind ain't right, I'll stay out or get out of any trading setup. I don't do coulda-woulda-shouldah. :))
Timeframe
Technical Analysis of USD/JPY (*Sorry for a very bad audio*)
It is already past midnight morning here 1:00 am so I'm whispering and very lowering my voice so I won't wake up my family and roommates.
And very sorry for the bad background noise, Please use your earphone or headphone. Thank you
In this video or recording I show the significant support and resistance level of USD/JPY from 1D-4hr-2hr-1hr-30min-15min-5min-1min
I also show the Fibonnacci Retracement and Levels and for the potential pullbacks/consolidation.
I show the strength of the trend with my oscillator MACD_Alltimeframes, MACZ_VWAP, DeMarker(14), RSI lower_bar, etc.
And Indicator 3 EMA, Fractals, PSAR, EMA BB bands, TUX and Envelope etc.
I took alot of seminars and courses in or about trading stocks, indices, commodities, forex and derivatives etc. that's why I know alot of shit. I'm also undergrad of Finance and Economics. And planning to take QuantFinance in future for algorithmic and automated trading. Follow me in Instagram, Twitter, Kik, Snapchat,Facebook, Pinterest and Reddiet: llmichaelinzoll
Wall street update: Decision timeWall street and many other stock indices are at critical positions.
In this video I drill into the action today, from the monthly down into the 5 min time frame, approaching end of the day's session.
The GER30 is in a critical position and fighting hard to stay afloat. It rules the world.
In general the GER30 does not like a strong EURUSD. And the US30 does not like a weak USDollar. And we're seeing some downside movement on the USDollar basket and upside on the EURUSD. This is good for neither side of the Atlantic. If this keeps up it will add to bearish pressure.
Breaking Down EURAUD With The Technical Scoring SystemWe have a massive Bat pattern that has just completed on EURAUD. The problem is that it's completed on the Daily Time Frame. So in this video, we cover how you can use multiple time frames to reduce your risk and still take advantage of the potential move.
The Support Line: EP1 -- Scales Hello traders, investors, and the curious alike! This is my new series called The Support Line . To get the chart from any of The Support Line's episodes, you can scroll down to "related ideas" below the write-up and select the episode # along with its chart. It will always be there! This gives you the ability ot share it back here, and our community can help and work with you! Here we will talk about some of the more fundamental points of technical analysis, helping us become better chartists. Some of our advanced users may be able to brush up on information here, and perhaps fill in gaps of things they didn't know. Our newer users should expect to build a better base, and have a good foundation for more advanced concepts later.
Please help me out with suggestions for what our next talk should be about!! Leave me a note in the comments, and we'll make sure we get to it as soon as possible! Thanks !
Lets get our pencils out and get to work!