HI Team This pair will reach double bottom on daily support in line with USD news event tomorrow. I am expecting USD strength, and therefore a corrective breakout following this period of consolidation and correction. For detailed USD news information please see my gold analysis for the week. Scalp short to our buy zone has just been posted if you want to...
Hi Team The main trade for this pair will come tomorrow, where we are looking for buys. For now, we can ride the trend respecting the 30M descending correction to daily support. NEWS: For detailed USD news this week, please see my gold analysis . CHF is another safe-haven currency, so the news effect against the dollar will be similar. Good luck, Trade...
Hi Team Analysis to follow in comments - Scalp buy for Bitcoin right now, don't want you to miss it! Good Luck, Trade safe DrBear
Hi team RE-entry for Gold. NFP in 5 minutes. Unless we see NFP significantly above expectations (>350,000) then it is likely we will see USD weakness. If we get a good number, expect price spike to trigger, then a very rapid sell. Please keep SL tight - if we breach larger daily channel resistance, we are in GOLD bull territory. Good luck, trade safe DrBear
Hi Team! This week has been SO successful for us - my analysis of Gold and EURUSD has been especially on point. Please see linked post for deep dive fundamental analysis on Gold. We had a lovely scalp buy yesterday to the 0.618 Fib level, and we are now in the end region of wave two consolidative correction. We have USD high impact news at 1300, and I expect...
Hi Team! If you have been following me this week you will see that I have been absolutely spot on with my analysis on this pair. The whole point of my style of trading is to capitalise profits quickly for the bigger trades. This is that bigger trade! See deep-dive fundamental analysis for the week in the linked post. What we are watching for hear is a...
Hi team Quick and easy today. Looking for correction back to at least first Fib level (TP1) Advise BE your trade as soon as possible given it is counter to current Bearish flow. RR 12:1 Good luck, trade safe! DrBear
Hi Team EURUSD is a pair I have been watching for some time now. We have been slowly creeping up towards the descending channel resistance on the daily timeframe (marked on chart). More than any other pair, EU tends to follow channel boundaries closely. Last week saw the FED rake hike 75PTS. What does this mean? It means that we can expect USD strength. This...
Hi team Please see related post for in depth analysis of this pair and associated news and fundamentals. This analysis relates to stage 2 - initial scalp sell. We almost always see a significant rejection followed by a period of retracement prior to any major impulse. Keep your SL tight as invalidation level is clear above descending channel resistance. I...
Hi team, Please see linked post for main analysis on this pair. This page is about stage one: Short term buy up to major sell zone. This is likely to consist of several subwaves. The two I think we can make use of are: 1.) Sell to local support 2.) Buy to major resistance These will be quick trades, and given likely market volatility may be subject to...
See previous entry on this. Good structure, expect a bounce and climbs before FED impact.
Hi Team See previous post for longer entry. This is a great opportunity for a sniper scalp - Risk to Reward of 13 to 1 !!! Clear invalidation, short term buy towards our sell zone. Quick in - Quick out. Be sure to like, share and comment! DrBear
Hi Team, We are almost at the Fed rate decision, which is widely expected to see a rate hike that will bolster the strength of the dollar. EURUSD is completing an ABCDE corrective climb within an established channel, and this looks likely to complete just before FED rate decision. We can use this for two trades! The first is a scalp buy up to the larger time...
Hi Team Apologies for the simple chart - I am walking the Dog! But I don’t want you to miss this. Excellent final stage of corrective consolidation on this pair, prior to USD expected strength at FED. SL and TP on structure as marked. More detailed chart coming later. DrBear
Hi Team! See earlier posts on this pair. Currently consolidating in a wedge, from which I am expecting continuation of bullish correction. Entry on break of ascending wedge resistance, SL on structure support. Like what I do? Please like comment and share! DrBEar
Hi Team This is a quick one - don't miss out! Within a corrective ABC channel, we have good confirming rejection. With FED coming up, I expect this to be a retracement before a significant drop following the expected USD rate hike. I am going to take this buy with SL below the structure, looking for closure in the sell region marked in red. I will post a...
Hi Team Here is the last idea in more detail, in the shorter time frame. Best to wait for some volume and for volatility to die down before entry. Shaded red area indicated early selling pressure area. More to come! Once the general trend is active, we will run scalps throughout the run - watch this space. DrBear
Hello Traders! After a lovely sabbatical, perfecting my art and taking time for myself, I am BACK! I realised that I have developed a knack for scalping, and so that is where I will focus. I am expecting: - Short term JPY weakness - Short term GBP strength Once above recent highs, the swing traders are likely to enter for shorts - but we want to be in and...