AUDUSD - We reached that golden area of 0.80! Then, we faded that area...what's next?
This morning typing this we down half of 1% - Since my year ahead outlook 0.80 is an area I have been eyeing for a while, since we finally reached that target area there will be an update video for the Q2 on what to expect. This will be shared privately via YouTube - If you're...
Hey, I'm back!
It's been a while took some time off the screens, I am happy and proud of my longer term positioning within GBP taking hits on profit targets - longer term target before 1.43 areas, and I did state yr ahead outlook I am thinking 1.47-1.50! Nice monthly area. In my year ahead outlook for 2021- If you're interested in the video , Privately message....
GBP - One of my favourite currency pairs!
How's everyone doing? What's your favourite currency pair to trade? Do you have an edge? If not - Work hard and create your own edge - I am sure 100% you can and will accomplish that goal. If you don't know what edge is - Message me privately.
Sometimes, you don't actually need to trade all the currency pairs and...
Happy Monday! I came across this great quote, “If you’re serious about changing your life, you’ll find a way. If you’re not, you’ll find an excuse.”
It's Monday - Fresh start for the week, start it in a good positive manner. I see so many people make excuses within trading the words, ' I can't do this' - ' You won that trade by luck' & lastly, 'What's your...
EURGBP - Great R/R TRADE OPPORTUNITY!!!
This pair did my head in yesterday, nearly get stopped out but I was disciplined and the patience paid off this morning waking up to green screen! That's the best feeling but everyday isn't like that. Don't get your emotions get to you whilst trading, I actually learnt this the hard way and I'm still working on that but you...
AUDUSD - Quick Trade Idea!
Support: 0.76085, 0.76050, 0.75920, 0.75880
Resistance: 0.76180, 0.76265, 0.76325, 0.76420, 0.76595
Break above key resistance zone and trendline down - Bullish momentum
Break below to key support area, perhaps a candle close - Bearish momentum
Key tip: You can copy all you want, but you will always...
Happy Tuesday...Here's a free Cable trade idea...!
I got asked why do I give my trade ideas for free?
It's my passion I live and breathe the markets, I know there's so many scammers out there and capital isn't what I am greedy for ever - but giving the community a guidance to help build confidence for your trading journey is the best gift I could give anyone....
Loonie - USDCAD - Trade idea!
It's called Loonie for reason, not my favourite pair but I do great potential both sides of this trade idea.
This will be very interesting as we had great amount of energy from WSB dominating the market, will it be the same this week? I suppose it - Equites will decline further will given the headlines out: JPMorgan to pay $920...
USDJPY - It had an interesting move towards the upside....!
What a week right! Crazy in the indices and equity market. Little reminder being a trader it isn't a get rich quick scheme....!
Pattern: Bullish Flag (At key area on Higher time aspect)
Support: 104.75, 104.51 , 104.15
Resistance: 104.910, 105.10, 105.20, 105.40
You could trade the...
SPX (S&P) US500 - Technical & Fundamental view.
Pattern: Smaller term - Wedge Longer term: Channel
Support: 3828, 3820, 3792 (200EMA)
Resistance: 3860, 3870, 3895
Break to either direction confirmation for which momentum trade to take. Keeping in mind end of month flows.
Fundamentally: Today: CB Consumer Confidence & Wednesday FOMC - Could shake the market...
Nasdaq - Great Trade Opportunity!!
Whilst doing my weekend analysis - The indices - I do trade and I will be keeping a closer eye on for the week ahead! We are in for a treat this week....
For next week Fundamental aspects:
1) FOMC - Will the Trillions of QE pass? Biden plans is something to consider in-depth as well
2) Earning Season - Microsoft, Tesla &...
FTSE100 UKX - Range Bound - WHERE TO NEXT?
Resistance: 6782.5, 6823.0, 6900.5
Support: 6677.7, 6627.6, 6610.9, 6535.8 (200EMA)
Pattern: Multiple formation Bull Flag / Triangle Formation
How to approach this trade idea:
- Add alerts at key break out areas
- Wait for the break out and trade the pull back
- Check the key Fibs matching S&R...
AUDJPY Technical view:
Pattern: Descending wedge
Support: 80.185, 80.005, 79.815, 79.605
Resistance: 80.520, 80.660, 80.845
Bearish Confirmation Below: 80.185
How to approach the trade idea:
- Follow your trade plan
- Add an order where you think a confirmed break below would be
- Checking the sentiment of the market for further conviction
- Wait for break...
AUDUSD - Technical View:
We've had a bit of a risk on move start this morning but equities and yields are both at key areas. In technical aspect we are a key resistance area in Aussie where I will be looking to add a short position on and scale in as time goes by.
Pattern: Double Top for wedge forming.
Support: 0.76425, 0.76280, 0.758050...
Good morning Traders!
Some get excited for the weekend but I get most excited for the Monday mornings! On the weekends I do get up early on Saturday - Morning routine and I did my analysis. I got something special for you this weekend - There will be a video coming out this weekend going through major pairs for the week ahead - We are in for a treat all of us!...
EURCAD - Technical Aspect: Friday quick trade idea!
Pattern: Triangle Formation
Resistance: 1.53825, 1.53940, 1.54120
Support: 1.53610, 1.53500, 1.53390
A break towards upside of resistance areas, target area of 200 EMA or 1.53940 area.
A break towards downside of support areas, target areas 1.53500 will come into play.
How to approach this trade idea?
USDCAD - Technical Aspect:
- Pattern: Rising Wedge
- Fib Retracement: At 0.23 - Measured could reach the next Fib Retracement area of 100.
- Support: 1.26805, 1.26690, 1.26360
- Resistance: 1.27145, 1.27315, 1.27600, 1.27910
(The target areas I will be approaching as time goes by - high lighted in Blue)
The approach you could take towards this trade idea:
FTSE100 (UKX) - Technical View:
Simple explanation today -
Pattern wise: Came out of a larger triangle formation towards downside support areas.
At this current moment of time - It is within the range of: Support: 6785 Resistance: 6830
Once broken out of the range below support levels which matches the 200 EMA as a great support area measuring the wedge...