Hello guys, today’s day trading analysis will be on CHF/JPY! If you look only at Price Action, then you can see that there was an uptrend the whole previous week. Now, it seems that the uptrend is at least temporarily over. How can you tell? If you look at the Weekly Volume Profile, then you can see that this week’s profile has a shape of a letter “b”. ...
Hello guys, in today’s day trading analysis I would like to show you how to trade the P – shaped profile on a nice example that has formed on EUR/AUD. Price Action Analysis If you look at the EUR/AUD (60 Minute chart) then you can see, that last week the price went down, then up, and then there was a rotation. This tells us that the price tested the lower...
On CAD/JPY is nice to see strong buying reaction from the price 88.21, there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptend + Strong buying activity + Strong...
On NZD/CAD is nice to see strong sell-off from the price 0.8895 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong sellers + Downtrend + Strong...
On GBP/USD is nice to see strong sell-off from the price 1.3906 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong sellers + Downtrend + Strong...
On USD/CHF is nice to see strong sell-off from the price 0.91266 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong Support from the past + Strong...
Hello guys, in today’s day trading analysis I will focus on the current uptrend on the CHF/JPY. When there is an uptrend, then I don’t fancy chasing the market, and entering longs when the price is at the highs of the trend. What I prefer is wait for pullbacks. I wait until the price retraces down a bit, and then I enter my Longs. Look For Volume Clusters...
Hello guys, today’s analysis will be about a new day trading Support that has formed recently on CAD/JPY. This one struck me at first sight, to be honest. It’s easily visible and hard to miss. Price Action Analysis The first two things to notice here is a very long rotation on CAD/JPY. It lasted almost three full days. Then, from this rotation, a strong...
On EUR/CHF is nice to see Two volume clusters , there is strong volume areas.... Where is lot of contract accumulated... This two volume clusters works as Two strong S/R zones. Around these strong Volume clusters i expect a reaction to the market.. Right now i waiting for pull back to this area... Pullbacks To Volume Clusters What I prefer is to wait for...
On GBP/CAD is nice to see strong sell-off from the price 1.73016 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong sellers + Downtrend + Strong...
On NZD/CAD is nice to see strong sell-off from the price 0.90040 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong sellers + Downtrend + Strong...
Hello guys, In today’s article, I am not going to tell you which type of order to use, because that was the main message of the previous one. Today, I will focus on another interesting phenomenon related to this topic – Stop Loss Hunting. “My Broker Is Hunting My Stop Loss” A typical thing beginner traders say: “My broker is hunting my SL, he knows exactly...
On EUR/USD is nice to see strong buying reaction from the price 1.2008 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptend + Strong buying activity +...
Hello guys, in today’s post, I am going to look into the German index DAX. There I am going to show you a swing trade idea which you can best see on a 4 Hour or Daily chart. DAX is in a long-term uptrend. It has been like that for more than a year actually. For this reason, I am only interested in Long trades. So, I look for strong Supports. How do I look for...
On EUR/AUD is nice to see strong sell-off from the price 1.5554 and 1.5635 , there are nice to see strong volume areas.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong sellers + Downtrend +...
On EUR/NZD is nice to see strong sell-off from the price 1.6816 , there is nice to see strong volume areas.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... Strong sellers + Downtrend + Strong...
Hello guys, this article will be about Market Orders and Limit Orders. I will break down how retail traders use them (that’s us) and how BIG trading institutions use them. One could think that such info is useful only for day traders and for people trading with Order Flow. This is, however very far from the truth! Understanding how Market and Limit Orders work...
Hello guys, in today’s post, I would like to talk about trading a market that is in a strong trend. A nice example is a current uptrend on AUD/USD. This pair has made over 150 pip move in the last three days. This is something quite extraordinary for a less volatile Forex pair like the AUD/USD. When it comes to trading a trending market I am not a huge fan of...