Previously we had seen a nice uptrend movement which struggled with a minor area. As of right now we have seen confirmation for a -SELL- as a aggressive entry. This is a CTT so we do have to be careful. If by the close of the 4H candle in 2 Hours also indicates a Down-trend we will place another entry with hopes of this being a FTC trade. *This is NOT a...
Are we finally going to have gold dropping? I've been anticipating a drop for gold since last week. However; we haven't had any major confirmation. Regarding this Medium-Term-Trade we may have a down-side coming to us this week. Now the gold market has just opened 45 minutes ago. So a LOT can happen until our daily candle closes. If by when this daily candle...
As we see that price has closed -BELOW- our minor trend-line on the 4H chart. We have decided to add another entry to our existing trend following the same T/P we had for our previous trade. *This is NOT a signal.
As our previous Market Update had mentioned. We were waiting for price to close -BELOW- our trend-line. We didn't have that well of a candle closing but we will take it. This does increase our risk a little bit. But overall we believe this is a good opportunity. *This is NOT a signal. Trade at your own risk.
Could we see a possible down-side for USD/JPY? Previously we have seen that price went into a small bullish trend. As you can see it didn't go too far; as it rejected our Major Trend-Line. That area was a extreme critical area as it aligned with a Major 38.6% Fibo area. What do I need for a entry? If we manage to see price closing -BELOW- our Minor Trend-Line I...
It seems that we are in a cross-road for CAD/JPY. What can we be expecting? Well I see two possible scenarios like I do with all of my trades. Either we are going Up or we are going down! We are close on becoming a up-trend. For me to start looking at CAD/JPY as a potential -BUY- area we would need price to close -ABOVE- our Minor Trend-Line and we could see price...
On our last re-entry trade we did sadly get stopped out. It was a big of a risky trade. But it seems we've made a bigger high so we can get to a lower low. We should be seeing this pair reaching our -27.20% Fibo area very soon.
Our previous Short-Term-Trade re-entry setups sadly were invalid. We did take a small loss but we are still overall in profit for the week. After a losing trade we must be prepared for our next entry. I could possibly see EUR/GBP have a little bit more of a upside, we can possibly see it reaching our 38.2% Fibonacci area which would also align with our Minor...
We are placing a -SELL- on gold as we saw that price has closed below our Minor trend-line. Now we are placing a pretty aggressive entry. When the 4H candle closes if it closes -BELOW- our Trend-Line as well; we will place another entry with a bigger lot size. Analysis was posted on our free telegram. *This is NOT a signal. For inquiries on our Advance training...
We have seen a minor pull-back. Price has broken our Minor Trend-Line and I can see a down-trend. We have already placed a -SELL- for a Medium-Term-Trade this is just an extra entry. Our T/P is going to be set to our -27.20% but we may extend it later on. *This is NOT a signal. For inquiries on our advance training please email us at TheForexClubFX@gmail.com
We've seen a trend-line rejection indicating we could see more of a downside of this pair. This is a CTT so we have to be cautious. Our Risk:Reward ratio isn't as good as I would have liked, but we are still above 1:1 which is always good. We will be seeing if we can extent this trade to our next Weekly Support area. *This is NOT a signal. For questions please...
We had previously placed a -SELL- on this pair a few hours ago. We saw that our 4H candle as well closed -BELOW- so we decided to add another position and see if we can squeeze the most profit we can with this pair.
We have seen a nice AUD/NZD -SELL- confirmation. We do have a pretty big T/P with this being a Counter-Trend-Trade. But we will modify our S/L accordingly to how price moves. Overall we should be expecting a pretty big drop. Our in-depth analysis was posted on our Telegram.
As price has closed -BELOW- our Minor-Trend-Line we saw a nice -SELL- opportunity. This is a aggressive entry. If in the next 2 Hours our 4H candle as well closes -BELOW- we can add another position to our trend. We are looking for a small T/P as this is a Counter-Trend-Trade. If we manage to close -BELOW- our overall trend we may possibly extend our T/P. Our T/P...
A buying opportunity has emerged; as we price has closed above our Counter-Trend-Line on our 2H chart. Overall our profit is roughly our Monthly Resistance of 1350.00 which also aligns with our Fibonnacci key areas. How this is a short-term-trade. We will modify our S/L once we reach roughly +25 PIPS of profit we will usually move it to break-even. We are NOT...
As we posted on our Telegram, we are awaiting confirmation. If price manages to close -BELOW- our Minor Trend-Line we could see a nice -SELL- opportunity. With our target being roughly our next Support area. This would be a counter-trend-trade if we were to have confirmation. *We are NOT placing a -SELL- yet! We are awaiting confirmation. If price manages to...
I had previously placed a -SELL- but I did sadly get stopped out. However; I was still checking this pair and I found that we had a 38.6% Fibonacci Rejection that also aligned with a Trend-Line rejection as well. Our 4H candle closed -BELOW- our Trend-line (As well as our 2H chart making this a higher confirmation). My overall T/P is roughly +105 PIPS of...
We have seen price reject our Minor-Trend-Line. We could possibly see this pair reaching 90.000. However; that is a pretty big stretch. We have a few minor T/P areas that we will use to modify our S/L accordingly. The risk:reward is actually really good. If we do lose this trade we will be looking for some Short-Term entries on our lower time-frame charts. *This...