Lukegforex

Lukegforex

XRP 15M - This is how XRP has been playing out over the course of the next few days, I feel we will see a big push up today but before that we may see price trade down and into the Demand Zone below. Clearing any orders before the hike up, I have actually gone ahead and purchased more coins throughout this consolidating phase as I do believe price will take its...

Lukegforex

GBP/USD 4H - Morning folks, sorry I have not been around these past few days with analysis or any trading opportunities, the markets have been very quiet with us coming toward the end of the year. Volume tends to slow down as we come towards the end of the year and trading opportunities become quite minimal this is normal as central banks, corporate companies and...

Lukegforex

USD/JPY 1H - This is a very similar set up to the GBP/JPY analysis and this is because the JPY is quote for both pairs we are looking at, as you can see I want the same thing to happen. This is good as it helps build confluence, the fact that both pairs are correlating with each other and so is the analysis is a good thing. I have gone ahead and marked out a more...

Lukegforex

XAU/USD 4H - With this market I am expecting further bearish but I feel we may see price continue correcting itself as it is doing now trading us up and into a relevant area of Supply before taking us lower in the market. I have gone ahead and marked out a fractal area of Demand I feel price could trade into before taking us higher up and into the Supply Zone I...

Lukegforex

GBP/JPY 4H - As you can see price traded into a large area of Demand here on the 4H timeframes, I believe this may encourage price to correct itself on the higher timeframes and being trading bullish. In order for me to look to take this market long and be confident with the trade I am placing I want to see price break structure to the upside initially as this...

Lukegforex

XAU/USD 15M - As you can see the previous analysis I provided you all with earlier today has played out perfectly, we have seen price trade up and into the area of Supply before trading lower. I hope you all managed to get involved and applied the same entry parameters as myself, again these were provided in the previous piece of analysis I sent out earlier...

Lukegforex

USD/JPY 30M - This market has recently shown signs of reversing as it has begun to trade us to the upside, breaking structure along the way. As we know a break in structure tells us that the trend usually is reversing. In order for us to get involved in this market we want to get in on the best price, the best price would be where price pulls-back to set its...

Lukegforex

XAU/USD 15M - As you can see from the screenshots provided price has traded up and into a fractal area of Supply found within the higher timeframe area of Supply. We should look to go short in this market riding price lower, with price not giving us entry confirmation initially and it being only a penetration before this large drop we should look for price to...

Lukegforex

GBP/JPY 1H - Now that price has played out and traded us lower, giving us the opportunity to short this market I believe its now going to put in a corrective wave. You can see the short opportunity we were provided with at the start of the week and how much we could have stretched out profits should we have wanted to, the potential there was crazy and made for a...

Lukegforex

EUR/USD 1W - I am looking to take this market long, with a longer term bias because evidence suggests that this market is in-fact bullish longer term as would higher timeframe structure suggest. So with that being said, looking at current price and where it is at, I feel that this area of interest below will act as an area of Support encouraging price to trade...

Lukegforex

GBP/USD 4H - This as you can see is a more detailed look on the current structure of the market and where price is at, as you can see price currently leaving the area of Demand. We are seeing price take a hike to the upside, now if we were to look for all pieces of confluence before getting involved we would want a higher timeframe structure break, that would...

Lukegforex

GBP/USD 1W - As you can see price has pulled down and into an area of Demand, we are now seeing price reject well from here. I believe this may be the start of a correction before a continuation lower. I will be looking to go long in this market to ride price up and into the area of Supply I have marked out above, this will act as an area to take profit from and...

Lukegforex

GBP/USD 1W - As you can see price has pulled down and into an area of Demand, we are now seeing price reject well from here. I believe this may be the start of a correction before a continuation lower. I will be looking to go long in this market to ride price up and into the area of Supply I have marked out above, this will act as an area to take profit from and...

Lukegforex

GBP/JPY 1H - Again here is another pair that was analysed in this weeks Sunday Sessions video, this too has provided us with a profitable trade. Another key example as to why you should watch the videos! The Sunday Sessions videos always provide us with opportunities for the start of the week so its key you are watching them so you do not miss out on the likes of...

Lukegforex

USD/JPY 30M - As you can see the Sunday Sessions analysis that was performed has gone on to play out exactly as predicted. If you remember in the video I spoke about wanting to see price break structure to the downside initially and marked out the low. Once price broke structure I wanted to see price pullback trading into a relevant area of Supply before taking...

Lukegforex

XAU/USD 4H - You can see here that price has traded into a fair value gap that I have marked out just above the higher timeframe BOS. This here would be acting as the initial pullback before the new impulse to the downside. It would also be seen as the second shoulder in a classic head and shoulders pattern, which in a more detailed scope of the pair and pattern...

Lukegforex

GBP/JPY 1H - As you can see price has traded us into a FVG and rejected well to the downside, this is giving us the suggestion that price may be looking to trade lower now. In order for us to deem a valid entry I want to see price trade us up and into the Supply Zone I have gone ahead and marked out above, this will allow us to get involved with a more refined...

Lukegforex

USD/JPY 30M - As you can see price has played out beautifully overnight providing us with deeper profits on the short positions we could have looked to have placed from the Supply Zone given. With us break the last low that was set in the market price is confirming more to us that it is printing clear bearish structure, providing us with lower highs and lower...