Alright so from the monthly as we are positing traders as we buy and sell and hold when they do thus we use the higher timeframe to track price.. chjfpy has exposed herself as we see the players are taking a interesting in pushing price with respect to the golden ratio. Made me wish I’d had taken to chf pairs sooner. Why I dislike them we’ll just like with cad...
Hello. We’ll be looking at eurusd current price action to help trader focus on the why behind price movements Now we have a strong impulse to the upside but something happens within the rectangle and this is what we will be focusing on So I ask traders what is this movement there? Is it a pullback ? If so I ask what is a pullback? What’s the REAL meaning...
This is part 2 in the series. The first dealt with risk management as there and here and all I do you’ll get a different outlook on the market as this is needed to overcome the molded herd. Please follow up on that post. As it will not be a systematic order to the series. Part 2. How to develop accurate price action. Now I decided to to this cuz many traders...
Im starting to feel traders get lured into trapping themself the more than the market traps them. I mean the market just lie the pieces out and the trade builds it and dives straight in with a smile. Smh I don’t get it but I understand it all comes from being miseducated So I decided to educated, I seen too many trade drawn channels incorrectly it’s not from...
Check out the previous post As this here is simple to bring conviction Note we have a bull flag HOW TO TRADE LIKE THEM-
AUDCNH is a new pair in the making. Price action shows we will be in a range for years to come. With a strong rejection divergence of the low we can simply set alerts at the top and bottom of the range and target the top n bottom back into the range as each swing should yield a at least 1k pip until we get a breakout equally in structure as the boxes As the...
Alright back to ej as the market is done getting all these trader to sale. Let me show yal once again what the direct is on this pair As you can see my older post on it for details Now we have a w correction With a lower low that failed once this happen the pair direction changed and I’d mentions this for months. So let’s look at what price is currently doing...
Ok check out my other post one from today. But I just want to point out on another post on this one that inclusion we have a rounded bottom As this pattern is ONLY used on the higher time frame Why? Cause it’s a market reversal pattern. The years of consolation and congestion reversal the market thus as with all pair the. Catalyst was COVID and it broke out...
I just did the monthly today after my alert went off Friday from the cup formation I’d posted on the weekly months ago. So you can go and check out both those posted Now looking again at the cup I decided I must break down the imperfection here. As not all patterns are to be perfect we still must understand that they are just patterns. And a great trading...
So months ago I did the forecast on this pair weekly. As I’d pointed out the forming cup. Last week I got a notification from forex.com with similar mark up about the cup 😒. Ok 👌🏾. I appreciate it More so my alert went off so I went to the drawling board to see what’s going on behind this cup as it is a few hundred pips if it plays but that don’t move me...
Ok first I’ll like to correct my assessment on this pair as I hadn’t top down it until recently and my previous post was excluding the monthly. Please check that out as the advice on what not to do held up and what to do is possible still . Yet my correction comes as I see the pair as bullish when the weekly id seen as bearish. So let’s walk through this...
Ok so currently what the weekly is a cup and handle. Please check out all my post on this pairs as I did a top down analysis many times with each Showing the market agenda over months ago in which as we’ll see slowly this become into existence. As my goal is to help trades learn how to spot the smaller moves within price as these moves are the moves that change...
Ok. Let’s follow up on what I’d been saying for months as the market correction maybe more visible now for most traders. As we’ll be looking at audj, now as this pair correlates with Eu, au gu etc. so Looking at the weekly we can see price rejected the 50ma in the decline. But when COVID hit we had a Hugh increase in volume and since then I been saying these...
Last week I’d mentioned that this pair is bearish and at the drop of the channel. As price didn’t DROP , we well revisit it here to understand how to enter a trade as you should only enter any trade based off of a failure pattern as this is the safest way to trade. So this mean just cause there are bullish or bearish signals one still must wait for the market to...
Welcome Let’s look at the monthly on this pair as it’s the end of the month and we want to be in the trade as the month starts. As election approaches one shouldn’t trade during this time but we must understand also that everything is already predetermined especially on the higher time frames that’s why we use it! If you don’t your not making the best trading...
So we still hadn’t traded eurusd as well expecting a higher higher to be made as we planning on riding that up. So if we look at my last post on this pair one may expect the moves won’t come but this is the difference between the patient traders and those who in the market at every time price lure him in.. this my friend is how you’ll fail. Greed must be control...
Ok so from my last post I’d referred to the monthly so here it is. Note the channel lines were placed months ago. Thus we can know see that price broke out from this bearish channel. Also note that price is forming a bigger w pattern N Now finally note that the resistance outlined.. As it was resistant turned support. And now it’s using it as so thus we are...
Ok so I’d been saying gu is bullish pair thus I’ll reveal my schematic for the claim. As we can see measured moved all though out the pair also as I’d been saying the pattern is a market w that’s deeply in the daily and weekly with bullish divergent on the monthly. Now knowing this allows me to pick when I want to buy and sell as the market been following this.