Following a 500pips move since my last publication on this pair (see link below for reference purposes); It appears we do have another trading opportunity here on the GBPNZD. The appearance of a reversal set-up on the 1H time frame coupled with the obvious that the price is currently within a supply zone; we might want to consider a selling opportunity on this one...
A follow-up detail on the GBPCHF was published last week (see link below for reference purposes) where we closed with around 60pips profit when the price hit our stop-loss. Now, the structure is tending to reveal to us another opportunity to give a buy situation another chance as the bullish trendline identified on the 1H time frame shall serve as our yardstick...
A follow-up detail on the XAUUSD was published last week (see link below for reference purposes) With over 3,00pips moving in our direction since my last publication, we currently have another set-up lining up for a bullish momentum as a bullish trendline structure is identified on the 1H timeframe. Risk Disclaimer: Margin trading in the foreign exchange market...
This is a follow-up detail on the XAUUSD that was published on Monday (see link below for reference purposes). After hitting break-even during the latter part of yesterday's trading session, another opportunity appears to be arising considering the reversal structure identified in the 1H timeframe. Let's see what happens as price action is been monitored. Risk...
This is a follow-up on our USDCHF posted on Monday and Wednesday (see link below for reference purposes); Price hits stop loss with 60pips profit (an approximate of 175pips - 3positions) during the course of last week's trading session. We are expecting the price to continue into the supply zone identified on the daily time frame to close at our initial profit...
With a strong key level at 1.306, we shall be looking out for a breakdown of this key level for bearish signals. In this regard, I shall keep you posted as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The...
A follow-up detail on the EURJPY & CHFJPY was published on Monday (see link below for reference purposes). We are taking a "pause" on these ones as price action isn't in alignment with our initial structure. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all...
A follow-up detail on the GBPCHF was published on Monday (see link below for reference purposes). Despite hitting stop-loss on the same day of publication, we are currently running with 52pips in profit. Stop-loss has been moved to 1.21940 and let's hope the price hit our TP before the week runs out. Risk Disclaimer: Margin trading in the foreign exchange market...
This is a follow-up on our USDCHF posted on Monday (see link below for reference purposes); With approximately 80pips running in profit, we have moved our stop loss to 0.93150 with 3 positions presently running. Let's keep our fingers crossed and see if the price will hit our TP. Cheers! Risk Disclaimer: Margin trading in the foreign exchange market (including...
Following the strong bullish momentum identified on the daily time frame, and considering the reversal structure noticed on the daily time frame it appears that we are on a verge of a retracement phase which could probably tend towards between 50 to 78.6% retracement of the impulse leg from a long term perspective. Risk Disclaimer: Margin trading in the foreign...
The identification of a reversal pattern on the 1H time frame could be a signal that awaits confirmation for a bullish continuation going into the new week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation...
With a new key level identified at a $1,920 area, having an open position above this level appears to be reasonable considering the present structure. See the link below for my thought process prior to the decision to buy the Gold. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and...
Price presently evolving out of the demand zone identified on the 4H time frame coupled with structures identified on the lower time frame suggests a bullish potential in the nearest future. Let's see how price action plays out in the next couple of hours! Cheers Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs,...
Quick one! Similar scenario with what we have on the EURJPY... It seems to me that the Japanese yen is getting some traction with the fresh new month hence it's worth considering other JPY pairs for opportunities. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable...
A potential bullish momentum is identified within a critical supply zone. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and...
Stoploss hit with around 30pips profit. Price is currently back into the neckline of the reversal pattern identified in the 1 Hour time frame and we are expecting a trend continuation to the downside should the price goes as planned. Cheers! Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
It has been strong bullish momentum in the last couple of weeks and it appears we might be heading for a retracement in anticipation of a trend continuation to the upside. In this regard, we are hoping to take advantage of a counter-trend opportunity if it finally happens. A reversal pattern is identified on the 1H time frame and a signal is confirmed considering...
AUDUSD appears to be at risk of further decline in the nearest future as price action is currently oscillating within a supply zone on the weekly time frame. Find in this video what my thought process is prior to making a decision on this pair. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a...