If we can get a nice closure under the 61.80% we should see a nice sell position from here. We can see a clear structure level which we have tested again and appears to be rejected. Let's go!
USDJPY - simple fib in place here, swing high to swing low on the 1hr timeframe. We had some news impact push this pair up and then we simply waited for price to close under our level. Once it did we entered and now we are just looking to ride this short trade down for 50 pips. Nice RR of 2.85% risking 2% of your account this is over 5% growth on one quick...
Hi everyone, Unfortunately I was banned for over a week due to some people not liking my honesty with my posts about scammers and me trying to help so from now I have to be a good boy and just watch what I say... ha. Imagine that. So, straight in to it. GBPAUD. This is on the 1hr but the idea is based more on the 4hr. Now, the £ has seen some serious rallying...
Here we can see NU has finally started to make what looks like to be the next steps in this pair and a return to the downside after such a string push up these last few weeks. If we Looked on the daily, you'll see that the level of 0.70491 has been respected as a daily support for some time so naturally when price first visited here we expected the pair to...
As the title suggests. The more you have on your chart, the more confusing and more cluttered it becomes. Keep your analysis simple and keep your charts clean and you're half way there. As you can see, the ling downward trendline you can see at the top is a very strong bearish trend showing us price should continue down. We also have a smaller bullish trend...
Yes if you have been following my account you'll have seen I was growing an account from £200 to £1000, now at £846 after todays trades. GBPCHF if you look at yesterday I was expecting a full down and we got just that. If Brexit news and a EU deal wasn't pending over the weekend then I would have likely held this but as the UK has still not decided I've played it...
Here we can see the last GBPCHF trade played lovely and now we see a very similar looking setup on a short term sell idea. If you want to follow my growth account drop me a message!
We have reached a very strong trendline here on EJ and as you can see from the stochastic we are massively overbought on this pair as well meaning we 'SHOULD' see price come back down. A nice conservative 20 pip stop loss to keep that risk down.
So, if you have followed my account for sometime now you'll know I started a £200 account to show you that it is possible to grow an account from something small into a nice little account balance. I started this on November the 9th and now December the 1st my account is currently sitting at £598 that's almost a 200% account growth in under 4 weeks. Don't be...
GBPUSD - we can see that the pair has again rejected off this daily level. As we head into this week we can expect the £ to get weaker with Brexit news going on although with England coming out of lockdown it could give a slight push in the Economy. Long term setup though I'm expecting a break of this bullish trend and some downside movement.
Thank you to all my followers. I post this content for you guys so hopefully you can learn from it. I do also run a group which if you are interested in drop me a message! GJ if you look at my last note on this one I said wait for the break, look at it now. Broke, price hit previous structure and bounced. Now we are just waiting for price to pull up and test here...
We just need to wait for the pair to break this trendline and then we can look to get into sells. Be patient and the rewards will come.
SO many 'traders' out there try and make their charts look confusing by adding a thousand different techniques onto their chart that when you look at it you instantly think I need help was it looks like a mess. All this is, is a marketing scam technique to get you to join their service. Trust me, I was one of of these people who fell for the trap when I wanted...
Drop me a message for more info! :D Here we can see GN is hovering around this level of support where we can clearly see price rejects off it. We should see a bit more movement down to this support and the we can look to get into a buy position and hold this trade out. If you are struggling with your trading. Drop me a message. Let's get you where you need to be.
Would love to reach 500 followers before the year ends! :D Here's my outlook on the Big one... Gold. Here we have a. lovely area of structure that you can clearly see whenever price pushes down into it it reject's it like trump was rejected from the office. If we see price back into this area we'll look to get into a buying position.
AUDNZD - nice setup here ready for next week. Bearish trend waiting on that 3rd touch before we would normally look to enter a trade. Adding a fib in from the last RSH we can see that we have a nice bit of structure to the left of us which also lines up with the 38.20%. So now we have 3 confluences. Trendline, fib retracement and structure. With a nice 17 pip SL...
Do you need a hand with your trading? Drop me a message. Let's get you where you need to be before next week. We have a lovely little structure here that we seem to be respecting. Also, we have broken out of this bullish trend we had running. If we get a little pull back up next week we'll be looking at getting in a nice sell position something similar to what I...
If we were to look on the daily we have been respecting a downward trend since March so we have some bias to say the pair should drop further down. We have however found ourselves in a bit of a deciding point within the pair as we have on the lower 4hr timeframe a wedge of bullish and bearish trends. If we break to the upside this will give us a good indication...