Hey Trading family! In this education post I'd like to share with you my observation of the 3 cycles that create the uptrend and downtrend. First, trend refers to the natural movement of price action. You may know this has highs and lows. I say we dig deeper. Highs and lows are referred to as the highest price a buyer could buy a currency while a low is the...
Plan 1: Up 7.38 >>> 8.7 Down 8.7 >>> 4.xxx Plan 2: Up 7.38 >>>> 10. xx Down 10. xx >>>> 8.xxx Up 8.xxx >>>> 9.xxx Down 9.xxx >>> 4.xxx
Conoco Phillips on the move. Two week minor pullback and breaking out. IQ has always and will always, get all the praise; but discipline gets the job done ~Mark Ritchie Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
GBPAUD short has alerted. Trend trade identified and entered. Working M30 timeframe on this strategy. Trade details can be found on the chart in printed label. Working to TP targets on the printed label. Trade box is tracking the trade. Looking for a quick scalp here on this pair. Want to know how I identified this trade you know what to do. Thanks for...
EURJPY long has alerted. Trend trade identified and entered. Working 2H timeframe on this strategy. Trade details can be found on the chart in printed label. Working to TP targets on the printed label. Trade box is tracking the trade. No let up in the Yen weakness. Looking to bank 58 pips on this trend continuation. Want to know how I identified this...
This is an interesting chart. Price has finally hit some support from March of 2020. I think we're in for a quick push up indicated by some long tales at the support line, an engulfing bullish candle and a divergence on the stochastic and to a lesser degree the RSI. Price may be choppy over the coming weeks while the bulls and bears work things out. In the short...
In Today's trading session we will be monitoring AUDUSD for a Selling opportunity in and around 0.68 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers. - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading...
Welcome back! Let me know your thoughts in the comments! **EURAUD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Welcome back! Let me know your thoughts in the comments! **AUDCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Since its already reach the 3 leg and RSI is very overbought. it will surely do a price pullback for the 4th leg and then goes to the last leg of elliot waves. Frankly, $LUNC price movement has been following the EW very accurately from first leg till the 3rd leg. Note : not a financial advice and TAYOR
Might be the best time to acquire more $ETH and hoping for $ETH bounce after this pull back and make a new high. But there is also a big possibilities of $ETH staying within the Purple Box till next year. For Short Stint , perp plays is good and buying at current price and sell at previous high 2000USD is good enough . Note : Not a financial advice and TAYOR
Earlier on this evening UK time we had a buy alert for GBPNZD Is the trend changing for this pair? Trend trade identified and entered. Working 45M timeframe on this strategy. Trade details can be found on the chart in printed label. All the TP values same in label as that's what I'm aiming for on this strategy. Trade box is tracking the trade. Want to...
In Today's trading session we will be monitoring AUDUSD for a Selling opportunity in and around 0.68 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers. - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading...
The Dollar Index is up 5% since breaking above the resistance level at $103 in June 2022 and the buyers are looking strong for September so far. Price was previously in consolidation between January 2017 and June 2022 and when price consolidates for lengthy periods of time such as this, we can expect strong moves in the direction of the breakout like we see at...
The USDJPY is now up another 1% since the previous post, taking it to 11% from the breakout which occurred on Apr 11, 2022. We see a clear pattern of higher highs and higher lows, indicating that a bullish trend is in play and as long as this pattern continues, we are likely to see further moves to the upside. There are previous highs above price but we can...
Welcome back! Let me know your thoughts in the comments! **AUDUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Welcome back! Let me know your thoughts in the comments! **EURCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...