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Always keep it simple when trading, do not over complicate a simple process. Price is in an established downtrend so lets go with the trend, as traders we an also identify a double zone which is a likely area for a test and bearish continuation. After a push phase an exhaustion phase will follow, lets wait to see the exhaustion phase is ready to begin then once we...

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EURUSD Price is still in the large downtrend and current price action is currently a large exhaustion indicating further downside momentum. A break below the 4 hour time frame 50ema and followed by a retest will also create a lower time frame bullish to bearish trend change and will be my go to entry for a short, id price breaks back to the upside this current...

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Possible 4 hour play for EG then look for the lower TF entry.

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Daily time frame wicks showing upside rejection of horizontal resistance.

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Price has broken below the covid 2020 market lows and pushed into the 1.1050 region which price has not tested since 1974. 2 scenarios here, a rejection of my shown level consisting of the 2020 low (old support now resistance), downtrend and the 4 hour 50EMA is likely to move to the same level will then send me short. Or option 2 a breakout to the upside showing a...

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This pair has been very profitable for 2022 with the next setup starting to show its hand. Short bias is intact, with a little more development from price action the next setup will be valid.

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Here we can identify the head and shoulders pattern (bearish pattern) has fully formed and the neckline has now broken out with an impulse to the downside creating a new lower low. A valid exhaustion will create the short zone. As always never get FOMO and try to catch a trade whilst price is on the push phase. Trying to catch a price whilst on the push phase...

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The key horizontal level of resistance from the year 2002 has been tested with a break above and a quick break back below showing a rejection of the level. On the 1 hour time frame we can identify that a new lower low has been printed indicating a bearish trend change and a bear flag has now formed. First entry will be within the bear flag once the 15 minute time...

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As per our previous update for GBPCAD our bias still remains long. Price has completed a deeper exhaustion creating a more beneficial trade level. A break below the current level and a break out of the bull flag to the downside (the opposite to the typical bull flag upside breakout) will mean longs are no longer valid. Expected is a good 4 hour time frame low test...

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To follow on form our previous cable update price is currently pushing back to the downside for a deeper exhaustion which will create the larger bull flag and provide a more beneficial trade opportunity. The bottom of the potential bull flag and horizontal support is the desired long zone. If price breaks below said level shorts will no longer be valid. A trader...

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+200PIPS INTRA SCALP fully automated trading strategy from the Next Gen trading system. It has been a fantastic run from the Next Auto trading system with GBPJPY.

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The previous short term short position played out very nicely with a quick momentum shift and bearish to bullish trend change that soon followed. Current price action is the typical confluences that we would expect for a long position. We can first identify that the trend has changed from bearish to bullish, secondly we can also identify the bullish pattern which...

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Price has found support and the momentum has shifted from bearish to bullish with the typical trend change retesting the PL (previous low of bearish downtrend) before making the bullish move to the upside. Now that the push phase has completed and successfully created a new high higher price has now entered the exhaustion phase which will create the long zone.

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June price action has printed new highs and has now exhausted back to retest the previous high as support. We can clearly identify here the beginning of a small trend change from bearish to bullish. Current confluences reinforcing a long bias are the new high higher high, bullish trend change, potential inverted head and shoulders pattern, support rejected, Daily...

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As per yesterdays update for the Next .Gen V2 automated trade take profit hit.

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Really nice price action here traders, We can clearly identify the inverted head and shoulders (bullish pattern) pushing price back above the horizontal support. The neckline of the inverted head and shoulders has broken out to the upside with momentum and price is now in the exhaustion phase. Longs from this level pending entry confluences will target the double...

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EURJPY on the 4 hour time frame we can identify a deeper exhaustion retesting the old resistance which is now support. The small downtrend has aggressively shifted momentum from bearish to bullish with a new higher high being printed creating the start of the bearish to bullish trend change. A valid exhaustion will test my long zone where a 1 hour entry will be preferable.

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Yesterdays analysis update for EURGBP played out very nicely targeting the bottom of the channel. Here we can identify what we like to call a double zone. This is when structure meets a horizontal level, trend line or 50EMA. In this instance we have the top of the channel and horizontal level creating our double zone which was rejected with the double wick. Price...