Hey Traders, Oil Markets have bounced from local support amid Market Tech zones and news. Trading anything amid global conflict needs a lot of care and is not for heavy speculation. Trading light at the right long term areas is preferable. Watch to see how.
Hey Traders, Alike many global stock indexes, we are at strong resistance. This encourages shorts inline with new found downtrend. The AUS200 is no different.
Hey Traders, BTC has rallied and rallied from 26.5k - 35K. As you come to Weekly PA and into resistance, it's important to decide when to lock in gains.. Also to not jump on the hype as a fomoer. You won't like it. Trade HVA's safely.
Hey Traders, Within the long term short trajectory of USDCAD, there are various key factors which play into a probable plan. Market probabilities are essentially what rule market moves. Watch for more.
Hey Traders, High Prices = Great spots for intervention or large positions. As I mentioned before in my CADJPY Analysis, the highest possible price is a fantastic target and one which holds great short value. Yens just fell at our pre-determined short zone, so lets cover it.
Hey Traders, Global indexes are easier to read when you can see where market value exists. I previously called it short from the highs in this analysis: This was just before the mammoth fall in which we have seen. The UK economy has been subdued and the latest Inflation readings are not appetising. This is causing huge uncertainty within the British economy...
Hey Traders, As XAUUSD falls we can look at new long zones. Reflecting off higher time frames is crucial and if you look Monthly you can see price action / rejection circa 1803. We Previously looked at gold in my last Editors Pick: Coming off from these highs and managing new entries is so important. Looking for swing moves up nearer 1880 area. Oh and...
Hey Traders, As the GN bounces we can look for new short/long entries. Minor PA provides a negative bias, although we are happy to add circa 2.058. Lower down move needed for longs as described circa 2.01. Watch for more.
Hey Traders, As global economies drag and other indexes begin to drip, the UK100 is no exception. I trade this market a lot and I'm mostly looking for high probability entries. Some of which are labelled via PA zones.
Hey Traders, As we expected the AUD VS USD has slumped and slumped for a long period of time. It's making its way to far more valid long term entries to the long side, many of which will be stung by Pro/Institutions. Planning for this is crucial.
Hey Traders, As we spread out our longs with DCA entries, we have got a bounce from the latest entry circa 120500. Its important to remember you can enter and exit more than once all the way to your target. Here are entries/exits I'm looking at.
Hey Traders, As the price of CHFJPY rallies and rallies many traders have become curious about where it will go next. This provides a classic trading lesson which cannot be ignored (much like we saw on USDJPY when it got slammed). Make sure you do not go crazy and sell everything you have. Just scale in to the short side with DCA incase of further...
Hey Traders, It's vital to be able to draw and understand the long term market in any currency pair. That's what allowed me to call it short several times in the recent past and is why I covered it here: That's because it gives you a gauge of where there is short value and where there is long-side value. This is what professionals and institutions do alike....
Hey Traders, The Canada 60 has been range bound for a while moving sideways with no real intent either way. For this reason we can anticipate new short entries on a Tech basis. Watch for more.
Hey Traders, The United States Dollar has risen significantly VS the Indian Rupee. This brings us to the question, when will it fall? Here's my TA view.
Hey Traders, Amongst the current dawdle we looked short at early resistance. The subsequent fall and exit brings us back to a time of decision. Make the right one.
Hey Guys, The saying 'I know nothing for sure, but to make money I don't have to' is a very important one. That's because profitable traders know they aren't going to be right on every entry. The fact is, to be profitable, you need to collect an average price, not just one price. It helps you get far more value and keep risk lower. Watch for more.
Hey Traders, One simple lesson; when things come up in the markets and they come up fast.. They fall. That is because the smart money liquidates and everyone else holds on. Holding on has little factual basis, it is on hope. If you read charts and have a look where people are visibly likely to liquidate (rejection levels as labelled) you can make a far more...