Hey Traders, After CAD employment data just came out, USDCAD is further moving down. We arriving at level of Key Technical bias, with ISM US News awaiting. Watch for more.
Hey Traders, The GBPJPY has risen for years on negative stimulus from the BOJ. Now, we are seeing historic highs and price action areas to contend with. Sentiment and technical aspects are very useful in identifying ideal areas. This case is no different.
Hey Traders, We have had news from the US in the form of PPI and Retail Sales over the last hour as well as news from the ECB. The GBPCAD alike many other FX is falling and we can plan future entries. Watch for more.
Hey Traders, Getting the best and optimal price for entry is always important to those making money. That is because when you enter a position, you want to get the best price. Just the same as buying or selling anything, like a car or house. Watch for a runover and my Short bias.
Hey Traders, Yen pairs fell rapidly over the Asian session as comments regarding rate changes. Its so important to understand macro sentiment and also Tech levels. Watch for more.
Hey Traders, The strong accommodation supplied by the BOJ with their rate setting approach has allowed for continuous growth in the japanese stockmarket. This needs handling with care. Will it last? Watch for more.
Hey Traders, If you are looking at Metals Markets you may be considering Silver Entries. You can note Strong PA / Rejection historically across the board at current levels. Looking for long entries on long bias.
Another EUR Pair we have seen rise today is the EURCAD> Shorting impulse is always ideal as it gives you a chance to run down with diminishing demand. Here's how.
Hey Traders, As Gold slowly loses long-side impetus, it is important to make wise entry/exit decisions. These come back on natural flow and technical aspects, as well as the feeding market sentiment. Changes to rate cut bets have caused slight negative impetus, and a weak tentative fall. Looking for Re-shorts inline with prev highs / Re-longs in line with...
Hey Traders, The Swiss National Bank eased today from 1.75 % to 1.5%. This has dropped the value of the CHF VS JPY significantly as cash flows out of the CHF and into alternative cash holdings. This is crucial to look at, as central bank decisions will always form the basis for long term moves, especially now you have the BOJ going towards rate...
Hey Traders, One of the best pairs to use and understand price action trading on is the EURGBP. That's because there is so much tight range data to go off. Here's a demo.
Hey Traders, The state of the German Economy, alike other economic zones and economies has seen twists and turns. From hopeful highs, to fearful lows, the transition from confidence to incompetence has been viewed widely. The current retracement above local and historic highs comes about as the US index markets also rise, after inflation reports and comments from...
Hey Traders, If you load up your higher TFs you can see a series of sideways movement. Trading on logic, what you have seen, and natural price action rules is vital for consistency. Watch for more.
Hey Traders, After the 38.2 % retracement on the USDMXN you haven't quite felt the full force of the fall. That being there is still room for very long term support. Here are my wider outlook zones for entries/exits.
Hey Traders, After CPI data just came out, we have seen a fall in USD pairs on USD strength. So, looking ahead, we can study a macro view and tech view of the market, Watch for more.
Hey Traders, UK Jobs employment data came out this AM UK time. This has risen the GBP value on changing rate easing rhetoric, which is interesting as we rise to key levels long term within the down-trending market. Here's how to handle it.
This chart is a clear display of how markets work in simple terms. The fact is, your job is to look for repetition. Repetition directly correlates to probability, as it is your bread and butter for understanding what is next, That is also, simply, the point of price action. So when something happens so many times.. Do not be surprised if it happens again. And...
Hey Traders, BTCUSD is growing in momentum as traders pile in on positive market sentiment. We are now reaching critical fib levels that can be digested and used as key reference points for entry. Whether you are long, or short, this video will help you understand price action in crypto markets. Watch for more.