In the previous analysis, I expected GU to have further bearish continuation downwards, which was exactly what the market performed. In today's trading session, I will remain neutral bias. As I noticed that there's a strong bullish Pin-Bar rejecting the 1.3787 support level, now it's becoming a key area for us to be aware of. There are two setups that I'm looking...
I've been discussing about the upwards breakout of 106.90 key resistance zone since 2nd March. In yesterday's analysis, I expected UJ to have further bullish momentum, which was exactly what the market performed. In today's trading session, I will remain neutral bias due to the current over-extended condition (RSI, 82). The best way to trade the current condition...
On 3rd March (Wednesday), I talked about the re-test of the top band of the Flag pattern (exhaustion sign) as majority of the major pairs were aligning the similar setup too. In yesterday's analysis, I expected NU to have further bearish continuation towards 0.7160 minor support zone, which was exactly what the market performed. In today's trading session, I will...
On 3rd March (Wednesday), I talked about the re-test of the top band of the Flag pattern (exhaustion sign). In yesterday's analysis, I expected AU to have further bearish continuation to re-visit previous swing low at 0.7710 support zone , which was exactly what the market performed. In today's trading session, I will be focusing on short-term selling...
On 3rd March (Wednesday), I discussed about the potential re-test of the bottom band (Exhaustion pattern). In yesterday's analysis, I expected EU to breach the 1.2030 minor support zone followed by strong sell-off towards 1.1960 Launch zone of the flag pattern , which was exactly what the market performed if you're keeping up with my forecast. In today's trading...
In yesterday's analysis, I expected GU to have further bearish continuation, which was exactly what the market performed. In today's trading session, I will be focusing on short-term selling opportunities as the short-term & medium-term EMAs (18 & 50emas) are sloping downwards. There are two setups that I'm looking at 1. A re-test of 1.3923 previous S&R zone, for...
In yesterday's analysis, I expected UJ to have an upwards breakout of 106.90 resistance zone. However, I've noticed that the breakout wasn't strong enough and it's rather choppy. In today's trading session, I will remain neutral bias. If the bullish pressure continues, I'll be looking to long the market after some minor pullback. The area of value in this case...
In yesterday's analysis, I expected NU to reject the 0.7310 resistance zone with bearish continuation towards 0.7237 (current price area), which was exactly what the market performed. In today's analysis, I will be focusing on short-term selling opportunities. NU has just performed a downwards breakout of an exhaustion pattern, further sell-off could be expected...
In yesterday's analysis, I discussed about AU testing the top band of the exhaustion pattern (Flag) with potential probe or rollover followed by further bearish continuation, which was exactly what the market performed. In today's trading session, I'll be focusing on the short-term selling opportunities. I am expecting further sell-off towards 0.7720 minor support...
In yesterday's analysis, I expected EU to reject the bottom band of the Flag pattern with further bearish continuation towards the 1.2030 minor support zone, which was exactly what the market performed. In today's trading session, I will be focusing on short-term selling opportunities. If the bearish momentum remains strong, we could expect further sell-off...
In yesterday's analysis, I expected GU to reject the 1.39880 resistance zone (previous swing high), which was exactly what the market performed. In today's trading session, I will be focusing on short-term selling opportunities. 1. If there's strong bearish momentum, a re-visit of yesterday's low at 1.3860 minor support zone is expected (Bearish) 2. If GU finds...
In yesterday's analysis, I talked about a potential Buildups happening on UJ, which is exactly what the market is doing now. Build up phase is an early breakout sign, as sellers try to push it lower but failed, banging the ceiling multiple times. In today's trading session, I will be focusing on the similar view. If there's an upwards breakout above 107.00 key...
In today's trading session, I will be focusing on short-term selling opportunities on NU. I'll be looking for a potential rejection at 0.7316 previous S&R zone, with a target at 0.7237 support zone (previous swing low). If price breaks above the 0.7316 minor resistance zone, that'd invalidate the short setup. The overall trend on the higher timeframe remains...
In yesterday's analysis, I talked about the exhaustion pattern on AU and either wait for a clear downwards breakout of the pattern or a strong rejection of the top band to validate the bearish continuation setup. Price bounced off the bottom band and currently chugging around the top band. In today's trading session, there are two setups that I'm looking at 1. If...
In yesterday's analysis, I discussed about waiting for some sort of exhaustion sign for further bearish continuation towards the Launch zone (1.1960 area), setup was invalidated as there's a deep pullback. In today's trading session, I will remain neutral bias. There are two setups that I'm looking at 1. The way price reacts at the bottom band of the flag pattern...
In yesterday's analysis, I expected GU to have bearish continuation towards 1.3960 support zone as I noticed an exhaustion pattern (pennant) formed, which was exactly what the market did. In today's trading session, I will remain neutral bias. There are two setups that I am looking at 1. If we notice selling pressure stepping in, we could use the 50ema and 1.3988...
Hi Traders, today's topic is regarding 'Equity Curve' as the best reflection of your trading performance. Personally, when I was new into this business It was uneasy for myself to put aside the monetary aspect and truly trust the process. In trading, money comes and goes in a blink. To be consistently profitable, you MUST learn how to protect your existing...
UJ has been on what I called a phase-3 impulse, where the upwards momentum is just grinding and chugging. In today's trading session, I will remain neutral bias. Two scenarios that I'm looking at 1. Some sort of sideways movement forming a buildup zones, signal an early breakout sign. Preferably having a short-term EMA to add an additional confluence if you're...