In this video we will look at the myth that is 'rising markets never fall'. We will also look at what a 'fall' is determined by and how to see it on any timeframe. This is imperative to trading success regardless of how you are trading. Ask Qs below.
CADJPY long 1. Head and shoulders pattern 2. broke neckline after head and shoulders pattern 3. stand by for breaking downtrend line 4. It forces candles down toward support for retest. 5. stand by for bullish confirm
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Price has rejected a weekly resistance and a bearish impulse has formed, price is now correcting almost at the 50 fib levels upon which if rejected we will sell.
CAD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 108.896 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 109.680 which is a level that sits above an overlap resistance and the 50.0% Fibonacci retracement level. Take profit is at...
CADJPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 108.904 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 109.580 which is a level that lies above an overlap resistance and the 50.0% Fibonacci retracement level. Take profit is at...
CADJPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 110.177 which is a pullback support that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 109.700 which is a level that lies under a pullback support and the 61.8% Fibonacci retracement level. Take profit is between...
CADJPY has fallen towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 110.283 which is a pullback support. Stop loss is at 109.780 which is a level that sits under a pullback support and the 50.0% Fibonacci retracement level. Take profit is between 110.663 and 110.886 which is a zone that aligns with the...
I was waiting for a false break trap to initiate buys on CADJPY but it did not come in and started breaking out of the M15 range without it. However, there was a trap in the CAD group and the JPY group, albeit at different times. I think this validates the trade and uncovers a key learning: To be open for trap initiation on the component pairs, not just the...
Hey guys, I am sorry to have you meet this video after I have already taken the trade but this one caught me by surprise as to how quickly it showcased my rules That being said I still want to get this video out to you so you can build your own bias off of what I am saying here I think we learn better when you have something to compare your thoughts to, I am...
CADJPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 109.806 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 109.230 which is a level that aligns under a pullback support level. Take profit is at 110.440 which is a swing-high resistance...
CADJPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 108.454 which is a pullback support that aligns close to the 23.6% Fibonacci retracement level. Stop loss is at 108.120 which is a level that aligns under the 38.2% Fibonacci retracement level and the pullback support level. Take profit is...
can the problem be solved? -- this question gave me confidence -- so whats the strategy? it's very simple one -- its called the ''rocket booster strategy'' and inside this strategy are 3 steps: -- STEP#1 The price has to be above the 50 Day Moving Average --- STEP#2 The price has to be above the 200 Day Movng Average --- STEP#3 The price has to reach a New...
My analysis of the current market, where I anticipate the market to go, and how I will enter the market during certain scenarios
Here is an explanation of how I was able to trade CADJPY without breaking a sweat. It is not hard you just need the right tools. (...And the right guy *wink*)( Just kidding.) But yes, I plug in my indicator set up and go to work. Building my account for the week. This keeps me consistent, check it out.
the price is creating lower high and lower lows we can enter a sell trade now
Price has reached our sell entry at 107.66, and this aligns with the 50% fibo retracement and 100% fibo projection, which shows that there is fibo confluence. Furthermore, we can see that our sell entry is at the neckline of the double top pattern, which confirms our bearish bias. Our stop loss is at 108.23, which is the multi-swing high resistance level. Take...
An entire breakdown as to what I expect CDADJPY to do this week coming up. I also go over what I use to determine these movements. How I look at the market, how I can be 90% winning and growing my account every week. The chart looks crazy but I explain why.