TraderPig

TraderPig

GBPNZD is in a bullish trend; however, it is soon to the daily supply zone. Because of Brexit, the volatility of GBPUSD is quite high. So, we will see the price reaction and wait for the signals in the lower time frame before open the SHORT position. Be Patient and Relax! ---------------------------- Enjoy the trading itself, and you will be much better at...

TraderPig

EURUSD is bearish trend and hourly now breakout the structure. The market probably choose the direction to downside. Now we consider to SELL and the stop loss put the above of the highest price of the last bearish candles. Be Patient and Relax! ---------------------------- Enjoy the trading itself, and you will be much better at it! Thank you. This is TraderPig.

TraderPig Updated 

EURJPY is in bearish trend and downside gap is formed. The price hourly now is 0.618 retracement with pullback. We are interested to SELL to follow the this strong bearish trend. Be Patient and Relax! ---------------------------- Enjoy the trading itself, and you will be much better at it! Thank you. This is TraderPig.

TraderPig

Soybean is significantly above the psychologically key 900 whole figure level and downside channel in the daily time frame. In the 4H chart, the upside channel is formed and we consider BUY soybean. The MACD also gives another reference to help confirm the trade. We are waiting for the pullback to the structure support combine with 0.618 retracement.

TraderPig

AUDUSD daily chart attempted a few times the lower level 0.6700 which is the support level in the year 2008-2009 but failed to breakout. It shows strong support at this level. So we consider to BUY by using the daily demand zone, and it is reasonable to place the stop loss below the lowest price. Be Patient and Relax! ---------------------------- Enjoy the...

TraderPig

Wheat in the daily chart formed the big double bottom in early 2019. Recently it has finished the retracement nearly 0.618 and now breakout the downward trend. We consider that Wheat now still in the bullish trend so we are going to BUY. The price in the daily chat just breakout daily structure and we open the trade in the support level. Be Patient and...

TraderPig

GOLD the daily structure is broken, and now the strong resistance is in the structure broken area. The GOLD is now bearish trend shown because the lower low is formed in the daily chart. As the trend is going down, we only want to SELL the GOLD to follow the trend. In 1H we are waiting for a pullback to the supply zone and open the trade. Let see whether we...

TraderPig

EURUSD is still in strong bearish and formed the lower low. In 1H time frame, the double top is formed, and the structure was broken. We are waiting for the pullback to SELL ,and the 0.618 combined with demand zone is the reasonable position to open the trade. Be Patient and Relax! ---------------------------- Enjoy the trading itself and you will be much...

TraderPig

TradePig Sharing - This is the sharing session to share the ideas with you in our trading. Teaching how to fish is more important than giving a fish. Today, we talk about Structure. We think that Structure is one of the fundamental and essential concepts in the technical analysis for retail traders. Sometimes, you may see the price moving within the specific...

TraderPig

It is interesting that we see there is a similar pattern shown in HSI: Double Bottom with 0.618. Last time, the price reached 0.618 level and the price was supported to reverse. Now the double bottom formed and the price near the 0.618 level, it is an opportunity to BUY. Sometimes, you might see similar patterns in the charts and its repeated again. The...

TraderPig Updated 

US30 in the previous high level showed the resistance and attempted to the higher high but failed. Now the 4H structure breakout and we are going to SELL when pullback. There is a demand zone which the level is considered to open the trade. Be Patient and Relax! ---------------------------- Enjoy the trading itself and you will be much better at it! Thank...

TraderPig Updated 

USDJPY 4H the structure breakout and now pullback to the neckline. The price attempted to the higher price but failed. We can consider to SELL to catch the down trend. Be Patient and Relax! ---------------------------- Enjoy the trading itself and you will be much better at it! Thank you. This is TraderPig.

TraderPig

USDCAD is now in the middle level between support and resistance area. Actually, it is not very interested in opening the trade now. The price in this area is almost 12 days, it is expected that the market will choose the direction. We are now waiting for the price to break out the structure then we follow the direction. Be Patient and...

TraderPig Updated 

GBPNZD reaches the previous high and now we see there is the resistance in this level. Combo with the 4H double inside bar so we are going to SELL once breakout downside. Be Patient and Relax! ---------------------------- Enjoy the trading itself and you will be much better at it! Thank you. This is TraderPig.

TraderPig Updated 

USDJPY is now 0.618 retracement in hourly time frame. We see the price still in the up-trend so we consider to BUY. Another strategy shall also be considered that there are two inside bars formed, which we could place the Buy Stop Order to follow the trend. Be Patient and Relax! ---------------------------- Enjoy the trading itself and you will be much better...

TraderPig Updated 

The Fed is expected to cut interest rates by 25 basis points. We won't guess the market reaction but indeed the most important thing is to prepare the trading plan. In 4H chart, the demand and supply zone colored in green and red respectively are identified for establishing the strategy. There are 4 scenarios to open the position after the statement announcement...

TraderPig Updated 

EURUSD is still in the down trend in the daily chart and close to the resistance line. Now we got the structure broken in the 4H chart so we are going to sell when pullback. Be Patient and Relax! ---------------------------- Enjoy the trading itself and you will be much better at it! Thank you. This is TraderPig.