on WEEKLY: price is overall bearish making lower lows and lower highs inside our brown channel, and it is currently sitting around our upper trendline so we will be looking for objective trend-following sell setups on lower timeframes. keeping in mind that price can still test our upper red resistance in red before going downward. on H1: price is trading inside...
on DAILY: EURUSD is sitting around a strong support/resistance zone so we will be looking for objective sell setups on lower timeframes on M30: price is forming a channel in orange, so we are waiting for a new swing to form around our lower orange channel and then sell on its break downward. we also have divergence on MACD adding more confluence to our sell setup
on DAILY: price is sitting around a strong support/resistance zone in red so we will be looking for objective sell setups on lower timeframes. on H1: price is overall bullish making higher highs and higher lows so we are overall bullish. However, price is sitting around resistance and we have a bearish divergence on MACD. Moreover, price is trading inside a...
GOLD is currently approaching a strong rejection zone in blue 1800-1900 so we will be looking for objective sell setups on lower timeframes. Keeping in mind that price can still dive in inside our zone before going downward. On H4: price is currently trading inside our red symmetrical triangle. scenario 1: waiting for price to break below our lower red...
BRENT OIL two possible scenarios price is overall bearish making lower lows and lower highs. Moreover, Oil is trading inside our blue channel (not objective yet) First Scenario: ------------------ on H4: waiting for an objective break above our upper blue trendline to buy. Second Scenario: --------------------- meanwhile, price is still overall bearish and...
US OIL has been in a 2 Hour trend south. The position is still ripe for shorting but only with acceptable risk management and controls. There is a very deceptive RSI hogging the trenches which will be scary. I show how even in a bear market it's possible to exploit going long. In other words if you know what you're doing there's money to be made both ways. No...
GBPAUD has retreated from a major breakout north down to a key ATR support level. This creates probability for the north. But caution - for every probability estimate in one direction there is a residual probability in the opposite direction.
I'm analysing what I see on the chart of EURCHF (a pair that I do not trade). Overall there is much bearish pressure for the south coming from higher time frames. This presents much risk lower down the road. But all that matters is how loss is controlled, when trading between 15 min to 4H (for example). Lower time frames oscillate within envelopes of higher time...
This is a classic example of who trend indicators can be used to exploit the markets. Many were simply watching structure levels largely - hoping for GBP to move south. The charts were flashing 'go north' on daily and 4H time frames. Then emerged the opportunities on 30 min to 1H time frames as it pumped north. This is not with the benefit of hindsight? Why?...
Well, well - Ethereum and Bitcoin have left many speechless in the last 24 hours. The unthinkable just happened i.e. major pump north. I could well be another dead-cat bounce as well as it could be the start of a major trend change. I explain how I entered this, which is now at a no-loss position and what my strategy for it is.
I'm showing mainly for the benefit of new traders why I've done what I've done. This trade is on both paper and live accounts. Note that I'm not saying I'm gonna win. I aim to lose! I'm simply controlling my loss, and allowing the market to lead me wherever it will, in my favoured probabilistic direction. Trend-following is not for everybody. In fact,...
Hey guys, here quick another video about situation we`ve all experienced and why we get dumped though our analysis and setup was perfect. :-) WHEN THE BIG PLAYERS dump you! Hope you enjoy it! :-) Peace, happy learning and good trades Irasor Trading2ez Wanna see more? Don`t forget to follow me. Any questions? Need signals or more education? PM Me. :-)
This screencast follows from the previous video where I was stalking the weekly time frame. I've got the switch on the 4H and I'm trailing with a big stop loss.
Hey trader's just wanted to do a quick follow-up video on the EURUSD idea that I shared with you this weekend. Price has reacted almost exactly as we anticipated and now that we have a breakout from out head and shoulders pattern we can start making some new predictions and look at a few new trading opportunities. Akil
The final pair that I discussed in today's video came on the NZDUSD. This setup is still very early in the process, but if we get a higher close on the day, then it looks like we have a good opportunity to continue about 100pips higher offering a pretty decent trading opportunity for you trend traders out there. Akil
Here'a a look at a potential bearish pullback trade on the XAUUSD