Hi Traders, Today I am looking at a potential Buy on GBP/JPY. Price tapped into a support 162.00 which has multiple confluences. There is an Order Block at the current price, There is also support, and it is a psychological support which gives us a higher probability of price pushing. The current momentum is bearish so we have no business buying right now as we...
Hi Traders, I am currently interested in Shorting opportunities on GBP/USD. Price is currently trading at 1.21220 and has come from a resistance level at around 1.21846. I am looking for price to continue this momentum as we are in a Long term downtrend. This could potentially be the lower high getting ready to push down to 1.17610. My entry is around 1.2077...
Hi Traders, This post takes a look at how we can go short on copper. There is a very simple setup to take if price does what I expect it to do. On the daily time frame, Price has managed to give a deeper rejection than I had anticipated in my last copper post, You will see that we are currently rejecting a resistance level on the daily, If you wanted to, you...
Hi Traders, Tesla (TSLA) has an easy trading setup coming up. has been consolidating for a while and has managed to give a nice strong break to the upside, Now I am looking at potential longing opportunities as price retraces back to the point of the break-out. In my previous post, I was looking for a short which has not played out and I mentioned that there...
Hi Traders, In my last post on the FTSE 100 (FOOTSIE) I was waiting for rejection and some bullish candles before entering, Since then Price has not moved much and there was no real enticing price action to get involved, Looking at price structure now I can see that there is an unfilled Order Block which may be filled before price takes off. I like this setup...
Hi Traders, Apple (AAPL) Has broken into a fresh range and has managed to maintain its momentum in the new range. This tells me that we have a stronger chance of price continuing to the next barrier as apposed to falling. We see that the 151 are has a significance as price as tested this area many times before and respected it. Price has now been able to break...
Hi Traders, Since my last post on Twitter, Price has rather continued to break the trendline which I have drawn. This changes my perspective on what may happen going forward. Looking at the 4 hour time frame, I see that price is trading at 39.95 which is also a resistance. I would like to see a pull back from this level into 37.37 where I will be looking to buy...
Hi Traders, US30 has my attention once again. Price Broke a strong resistance and now seems like we have strong potential to continue the momentum, When looking at current price action, Price meets a minor resistance point. I am waiting to see if price is strong enough to push and break the current resistance. If this does happen, I would be waiting for a...
Hi Traders, Meta also known as Facebook presents us with a Buy opportunity on the four hour timeframe. Looking at this price action we can see that price has created a channel ranging between 172 and 155, Price as strongly broken out of this channel and I now wait for a pullback. I am waiting for price to pull back into 172.5 before sparking my interest in a buy...
Hi Traders, I am going to Buy S&P500 (spx500) once we get a candle close on the current h4 time frame. Price has broken into a clean range and has managed to retest the broken resistance, What I was looking for was for some sort of bullish signs which looks like this current candle may create. I would need the candle to close bullish above 3962.61 before...
Hi Traders, Silver (XAG/USD) is showing a simple setup. Price is respecting a trendline that has been tested multiple times, When looking at the daily time frame there is a supply zone that has been tapped into. Apart from the Supply zone, when looking at the four-hour we can see that we are currently testing the resistance of 18.900, It seems as though price is...
Hi Traders, FTSE 100 (Footsie) has caught my attention today. The instrument has now displayed Signs of moving to the upside. When looking at the higher timeframe, Price has now created a strong bullish candle on the daily, If price does manage to close this way It will be the very first sign that we have some actual bulls coming into play. I then will be...
Hi Traders, Nasdaq (NDX) Has been consolidating for a few weeks just below 12200. Price has revisited this point multiple times and has failed to push further. Looking at price action we have a clear untested resistance at 12545 Which I believe has a very high probability of being hit. Understand that this is also an order block and I am more than happy to...
Hi Traders, Another week presents itself and I have spotted a False Break Out on Dow Jones. Price gave a push soon as the market opened which led to the break of a resistance level at 31400. The recent four-hour candle close has pushed back below the range giving me two strong signs which I truly like and sparking confidence in this setup. 1stly We have a...
Hi Traders, Looking at Copper (HG) Again, Since the last post it has effortlessly melted to my target. I Now see another short opportunity coming up and I am looking at making sure we can capitalize on the commodity. The way I am playing this one is that I am using less risk as I would not want to give back any profit if the setup does not work. Looking at the...
Hi Traders, We have a clear Wedge Patter On Twitter (TWTR), In my previous post I was looking to buy, however, due to the deal with Elon Musk falling through the price has decreased even more and now we have great price action to go with the current Fundamental news. We can see a very simple and clear wedge that has formed and price has now broken the support...
Hi Traders, Looking at U.S30 (Dow Jones) Price is moving with the current trend and we can see that it has broken into a new range. Momentum is very strong at the moment but if price does manage to come back to my point of entry I will be happy to take a short position. Looking at the trend, Price has been falling and making the standard waves of lower lows and...
Hi Traders, Multiple Entry Points Available On Microsoft (MSFT), It's evident that we have a double top which could be a great setup to take. However, we have a few entry points which may be confusing for new traders. So let us break it down and see the different entry points and what they could entail. 1stly price is currently trading at 252.67 which is also a...