Hey Traders,
So we have an opportunity to go short or long, or maybe long, then short who knows ?! Well fortunately, I know what i will do in the case that the market moves anywhere. I got it locked down. Now, does that mean it will go my way? I WISH. I just know what it MIGHT do. What it has an EDGE to do. But it can truly do as it wants. It's locked down in the...
It has been a very strong down trend since July 2014, but Uncertainty of FED rate hike and dairy price rose since 18th AUG auction. Traders are taking advantage of strong KIWI and weaker DOLLAR till next RBNZ announcement.
Happy Trading;
RinaP
EJ may have just put in a 3rd touch on the weekly decending trend line. The month of June EJ retraced to the 61.8% fib, will it hold? Last week produced a hammer bar and this week may end as a bearish engulfing with a possible CTL break. Could we see the lows of 126.000 and further down to 119.540?
Taking inspiration from one of my followers who messaged me this weekend, I wanted to try something different here on Tradingview and concentrate on a single pair this week instead of randomly posting charts when I have the time. (Let me know what you think of this idea by the way).
This week I wanted focus on the GBPUSD as there are a few potential trading...
EURAUD is in the 5th wave of the C wave of the (B) wave of a weekly correction . If this ending diagonal proves correct then I am expecting a weekly (C) wave to start. Will be following this on lower time frame for trades.
Sometime, you don't have to use advanced patterns and fancy indicators. Simple structure analysis can make you profitable if you know how to trade it.
This Elite Zone's structure based setup scored 100 pips today.
Elite Zone members received trading ideas which generated close to 1000 pips this week, not including this one.
If you like what you see, why don't...
Please watch this explanatory video : www.youtube.com
In this little educational video you will know my rules for trading the Cypher pattern in a simple and clear way. Then, I will show you two live pending Cyphers on GBPJPY, hourly time frame.
Notice that I didn't go over the targets and stops in this video; I will cover them in a later video.
I will see how...
I've started up a simple blog at (forexhideout.weebly.com) where I will post my ideas and trades every once in a while. Hopefully it'll be of benefit to anyone who's interested. The main purpose for the blog is to help me keep better record of my trades and to serve the purpose of being an online public journal to keep me more accountable in my trading. Anyway,...
Looking for buying opportunity in Gold? Want to invest in Gold?
$XAUUSD completed a bullish weekly pattern and on the daily chart we saw some buyers stepping in after the pattern completion. This setup presents a great R/R based on previous price behavior and if you are bullish Gold, you may want to check out this setup and do your own analysis to confirm.
The...
