Trade_Rocket_Investments

01:39

Trade_Rocket_Investments

you might have heard me or David talk about impulse moves during our analysis, but what are they? in summary an impulse move is the first injection of buy or sell pressure off an area of sensitivity, taking out the limit orders that are within that zone.

Trade_Rocket_Investments

Ourselves and our members placed a trade this morning at the London open on CAD/CHF that has a potential to give us a 15/1 risk reward! reasons for this trade are that the CAD is going to gain significant strength as we see more demand for oil with the reopening of the world essentially with mass vaccinations in full swing. we saw double confirmation on the 15m...

Trade_Rocket_Investments

This is our GBP/CHF trade that our members and ourselves placed at the London market open today, the GBP was a +3.9 and the CHF was a -5.1 so fundamentals was strong to the upside, what we saw was an uptrend off of our daily zone and double confirmation on the 15m timeframe at previous area of resistance which is now support, because we have all of our zones in...

Trade_Rocket_Investments

everywhere people are talking about bitcoin so its time we give our opinion on the crypto currency, we have seen a sell of in the past few days and people are hinting at the idea of Bitcoin being finished and the days of bitcoin are over. well I don't think so, if you look at bitcoin on the daily timeframe all we are seeing is normal market movement (at the...

Trade_Rocket_Investments

people are freaking out about yesterdays market moves, but if you take it to the higher timeframe, all we are seeing is the market have a minor correction or exhaustion after a massive move. we have seen some amazing moves the past couple of weeks in the currency markets with hardly any exhaustion so it makes sense that we are finally seeing one, this is a great...

02:02

Trade_Rocket_Investments

the GBP is at a +7.6 and the USD is a -4.4 - we have been waiting for a break of its monthly zone for quite some tine and we might finally see that in the next few days, we will be waiting for a break and minor exhaustion on a lower timeframe to look for price action and entry confirmation at previous high before placing our trade to the upside to our next weekly zone

Trade_Rocket_Investments

we placed an entry on this pair last night due to continuous strength in the GBP and the weakness of the JPY we placed an entry at the 1h pin bar at the bottom area of consolidation that is also our 38.2% fib level, we have a tight sl giving us a 16/1 RR - sl is below our 50% fib and we are taking it to our monthly zone

Trade_Rocket_Investments

Yesterdays CAD/JPY trade is making its way to TP2 today, we placed a buy limit order on this pair at previous high and our take profit is just above our daily zone giving us a R/R of 1:2, fundamentals were CAD+2 / JPY-2.8 and today the CAD is a +3.3 and the JPY is a -9, we knew that the JPY has been weak for a while now so this trade makes sense both on a lower...

02:33

Trade_Rocket_Investments

we get lots of questions asking us how we set our zones and what makes a zone a monthly zone, weekly zone ect ... so I have created this short video explaining how we do it here at FXG

Trade_Rocket_Investments

the GBP is at a +8.5 and the CHF is at a -9.8 - fundamentals are to the upside, we have a break of our previous high which will now become support, we will now be looking for full exhaustion to this zone then we will look for price action and entry confirmation for a move to our next major zone of sell pressure

01:40

Trade_Rocket_Investments

the EUR is a +1.1 and the USD is a -4.8 fundamentally, we see that there is a higher timeframe downtrend but fundamentals are strong to the upside, so the play we will be looking to take is when price breaks its 4H zone to upside with a good push and separation we will then be looking for a complete exhaustion and then price action and entry confirmation for a buy...

Trade_Rocket_Investments

The USD is a -4.8 and the JPY is a -6.8 on our currency strength indicator so fundamental strength is to the upside, we have seen price action confirmation with a push breaking our previous area of sensitivity also previous high - we are now looking for buy pressure to come in and we will enter to the upside with price action and entry confirmation to our next...

Trade_Rocket_Investments

If Daily Candle closes as a bullish engulfing I am entering a long trade. After TP1 is hit I will be moving my SL to entry in the event price continues to follow the trend line down. If you want to see my Instagram videos explaining my thoughts follow me @ Insta : ForexGentleman ...

Trade_Rocket_Investments

Price broke 4h downtrend and Is not on its way back to 1Day 61.8% fib line. Wait for price action to close bullish on the 4H chart above 1.2498 before entering long. Stay classy trade classy -@forexgentleman on Insta

Trade_Rocket_Investments

I think we can find another 100-120 pips long here. Price is following a beautiful trend line on the Daily and 4h charts. With the right price action confirmation I think we will be going long on this pair.

Trade_Rocket_Investments

Price is following a beautiful bearish trend Line. As you can see it looks asthough price will close and break the uptrend towards the trend line. Look only for short positions on this pair.

Trade_Rocket_Investments

Looking at a possible short here on AUD/USD . Price is hitting a nice wedge pattern on the 1D and 60min charts. Should drop to retest the bottom of the wedge. I am looking short on the close of a bearish engulfing candle which is my favorite form pf price action.

Trade_Rocket_Investments

Nice wedge pattern formation on the 60 Min and 1 Day chart. I think price will make its way down to retest the bottom of the wedge before a breakout in either direction. Waiting for a bearish engulfing candle close as my preferred price action confirmation before going short.