I am selling gold. As soon as that zone defending the bulls' territory is violated I am going in. Trade gold with good risk management please. Happy Trading and Good luck!
I am still patiently waiting for this correction to be completed so I can confidently sell EURUSD. Patience really pays in this game. Ignore the background noise. Do not break your rules. Good luck and happy trading!
I am Still short on EURUSD. But waiting patiently for price to give me an optimal entry. Either of those two zones I have highlighted will give an entry for shorting. #PatiencePays. Good luck and happy trading!
Firstly I want to declare that long term I am LONG on the dollar. However NFP today might give a pullback for certain structure moves to be fulfilled first. I do not trade fundamentals. I only trade technicals. So whenever there is high impact news like NFP I wait for price to react to the news release until I get the move I want. Happy TRADING!
I am still short on GU. And now that H4 demand is broken I know the next landing is daily demand. BUT wait for that pullback and retest. Patience Pays. Happy Trading!
I am short on GU. The bears are really strong and their defence in that daily supply is holding. Confirmation was break of H1 demand that took price to daily supply. Do not be too early to the party if you do not like drawdowns! WAIT for a clear pullback and strong candlestick confirmation closure! Happy Trading!
The H4 Supply that was defending the bears territory has now been broken. We go where price takes us. Always be prepared and ready to change your bias when presented with new info and confirmations. Happy Trading.
I am still short on EURUSD. FOMC gave a pullback and provided a classic break and retest of rising wedge so we can sell high. NB: The trend is always your friend. Happy Trading :)
Whether the Fed raises interest rate or not tonight, I am bullish on the dollar and therefore bearish on anything antidollar. Technicals are saying short EU. Now waiting for fundamentals to come in to fulfil the anticipated move. A true mark of a seasoned technical trader is one that can change their bias when presented with new info/confirmations. Happy Trading!
Looks like a pullback is in order if that bearish batman plays out. If H1 Demand holds we'll continue going to the upside. If it breaks target is in H4 demand. NB!! Overall I am still long. This setup is just a pullback! Happy Trading!
All confirmations are pointing towards a strong long bias. Confirmation for adding more positions if you are not already in is break and retest of bullish continuation flag. Happy Trading!
Nothing much has changed except we now have a clear break and retest of resistance trendline of bullish flag. My bias is still long and first TP is in daily supply. Happy Trading!
Pressure to the upside is still strong. A bullish continuation pattern needs to be confirmed by a break and retest and next target is in daily supply. Good luck! Happy Trading :)
Not much has changed here since the last time I posted this Double bottom setup. Except there is now a flag from the pullback. My bias remains long on US30. Patience pays in this game. Happy Trading!
I am still holding onto my short positions from yesterday's setup. But for my fellow swing traders, here is an M formation with a measured move target into monthly. But as usual, no confirmation, no trade. Confirmation is break and retest of neckline. Good luck! Use good risk managament. Happy Trading!
The notes on the chart and the zones marked are self explanatory. I am shorting EA to the next daily demand zone. For a healthy risk to reward ratio your SL can be above that zone that broke H1 demand. Remember to use good risk management. Happy Trading!
I did a top down analysis on US30 and all confirmations are to long. Including a W formation on the H4 timeframe with a broken neckline. Use proper risk management. Happy Trading.
My target is still in daily supply. I am still holding my long entry from yesterday. But we know that price does not move in a straight line. Watch out for those pullbacks and wait patiently for an optimal entry. Be patient. Use good risk management. Manage your emotions. Happy Trading!