LuisLizama

LuisLizama

We have here a good level double layer squeeze! Shown by the black and red line are pinching at prices right now. This and also with the European protest spreading, I can only see the EURO further sinking within the next couple months. Either scalp this move or hold out for the lobger term!

LuisLizama

Alright before I give you guys my trade setup, as well as exits and entries. I really want to point out the fact that a lot of these TOP traders are absolutely horrible, especially the ones that only indulge on the crypto hype! If you look at there profiles and go through their history they almost always get trades wrong! Now I recommend you guys go through my...

LuisLizama

So EURCAD's price has been relatively high lately until the huge drop off we had. Now it is common sense that a huge drop off like that will have to blow off some steam as some point (aka a correction). So if we are to get a green pip on the 2 hour or better yet the 3 hour chart, we could see price rise significantly again to a certain level before we continue the...

LuisLizama

NZDUSD is showing signs of a continuation down! MACD is showing a momentum shift, as well as the MA being very high relative to the previous few days. RSI gave us a sell signal on the 1H chart, which historically has been pretty accurate! SHORT

LuisLizama

Now with almost every major US economic news out the way that propelled the EUR higher, we can return to the monthly downtrend. EURUSD has rejected several times off of a major yearly level and friday this level held.

LuisLizama

Keep an eye on those times frame ladies and gentlemen!

LuisLizama

Be ready to short USDJPY sometime very soon! At most we could see a downtrend for a week or two, but long term I am expecting the USD to get stronger.

LuisLizama

Even with the earning season we are in right now, does it even matter? If there isnt enough liquidity in the market? In my opinion every pop to the upside is an oppurtunity to just sell from higher prices.

LuisLizama

Alright so there ISNT MUCH in the form of technical analysis that could help us here. Only thing I see is that our MACD is still correcting, and that is a natural important move for stabalisation. Also we are reaching a very important and strong support level. Keep an eye out for a green pip sometime in the next few days!

LuisLizama

All good times must come to an end, and we are nearing the tiping point. Now I do want you to understand that this has nothing to do with politics, but simply the fact that banks have been abusing their power to lend out money religiously. Thats why the FED has been so reluctant lately to spike interest hikes because they understand the fact that everytime they do...

LuisLizama

The dollar is without a doubt been getting stronger, plz check out my previous post on that analysis. With things boiling up in Europe I do see economical uncertainty with Europe as the protest and Brexit causing for some concerns. Alright so for the TECHNICAL reasons for a short is that we are nearing a major resistance level, and pressure downward will be...

LuisLizama

Like ive been saying before, expect the dollar to continue its climb and a weaker EUR overall. EURUSD saw a major price drop on friday, and we might see it weaken signifacantly next week! USD has been stable lately and showing strong growth meanwhile things in Europe are starting to get a little shaky with the yellow vest protest.

LuisLizama

Expect the EUR and USD to gain some strength over many developing countries currencies in the near future. We had a positive daily green pip movement corresponding nicely with our MACD! I am however going to be looking closely at the riots occuring this weekend in France as things can get out of hand really fast with the political climate in that country and the...

LuisLizama

Now lets take a look at the daily chart for this trade setup! MACD is pushing down, now we just need the momentum and confirmation from the orange MACD. RSI is relatively low and we also know that we are in a downward trend long term. Considering we are near an important price action level, it is safe to assume we will see price decrease from here on out! We also...

LuisLizama

AUDCAD is showing a few signs of a potential drop. First off I just wanted to point out that the massive drop we saw last week needed to blow off some steam! It was obvious we were going to see price increase again after such a move. It was only a matter of time. So if you take a look at our order book on the MACD we are seeing massive sell orders come in. Now the...

LuisLizama

Markets have been a little shaky this week, but this trade should be a safe one! AUDUSD long. RSI is low and MACD seems to be whinding down a bit. Wait for the SIGNAL!!

LuisLizama

Alright this week is going to be big for EURUSD. Last week we ended up with a higher high and a higher low! When the market opened up today at 5 it showed strong indications of a continuating trend upwards. Now Id probably wait a little bit for this hourly pip to come down a little, but be ready for a long! 1H MACD is showing a potential crossover, and our daily...

LuisLizama

Im expecting a little price correction after this major drop. For one we were not able to creat a lower low. Bulls might be coming in to sweep things away for the rest of the day, but our 30 min RSI is low and our 30 min/ 1 hour/ 3 hour MACD are indicating a reversal. Hopefully we can get a conformation within the next few mins!