hello traders: USDCHF has a nice bearish development in the last week. WE can see price has moved up correctively to the top of the higher time frame channel structure, formed an ascending channel. Within, we can see lower time frame head and shoulder reversal, and price had a strong bearish impulse phase down. Latest development shows a possible...
Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Mar 13 - 18th. EURAUD: Currently running +3.7:1 RR Full analysis/forecast: GBPNZD: Currently running +1.7:1 RR Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like,...
Hello everyone: 6 points I like to share on what you should consider in trading to make it as a career. 1. Trading is not a get rich quick scheme Contrary to what social media, scammers, fakers and fake trading gurus want you to believe, trading is NOT a get rich quick scheme. Those who believe such usually end up over trading, over leverage, blow accounts and...
Hello everyone: Nice to be back and on the chart. Few pairs I am looking at for the remaining of the week/ EURAUD: EURNZD: GBPAUD: GBPNZD: BTC: ETH: CORN:https://www.tradingview.com/x/m7olHRz3/ Thank you
Hello traders: Been receiving many inquiries about AUDJPY, on the potential bearish bias of the price action. I have sharing many forecast and analysis on AUDJPY, but it seemed price has yet to commit to the downside. This is something that I haven't experience before where there's a consolidation period of the price, and the market is just getting ready for...
hello everyone: Similar like AUDUSD, I have been sharing NZDUSD forecast for possible sell. They continue to move up correctively, but it doesn't void the potential bearish development from the price. Now we can see the ascending structure continue to evolve and develop, more bearish bias are formed within. The latest development show smaller ascending...
hi traders: I have been sharing lots of AUD/NZD USD forecast in the last few weeks. Most of them have not develop or commit to the downside. This time around, we are finally seeing some bearish development of the price. We can see price is at the top of the overall price action again, and smaller, lower time frame ascending channel, correcting the price. We...
hi traders: Similar like AUDUSD I just shared, NZDUSD is following the same bearish development as well. From my previous outlook and forecast, Price hit the double tops, reversal impulse down, and formed continuation correction to drop more. Now that price has a short term pullback, smaller, ascending channel, we could expect more downside from the...
Hi traders: I was not active for about since last week, took a much needed vacation and mini-getaway. Now I am back and seeing some good development of the price. Here on AUDUSD, from my previous outlook and forecast from the top, price indeed pushed down aggressively, and now is at the bottom of the lower time frame ascending structure. This is where...
Hi traders: AUDCAD has managed to reversal impulse out of the descending channel from the bottom, good signs of further upside. From my previous outlook, price did managed to continue higher and is now out of the descending structure. Such a strong impulse move to the upside, naturally price will need to correct in order for another continuation up move. If...
Hi everyone: Price action analysis and forecast on potential trade opportunities for the week ahead. Order of the live stream: 1. Current Position running 2. My Watch List 3. Pairs you are looking at 4. Q and A
Hello everyone: Commodes such as XPD has been pushing up steadily in the last few months, and further upside is very possible. Here we can see the higher time frame of Palladium. After price made a sharp impulse move, it falls into a larger structure. With a swing highs and lows, double tops, and reversal bullish price action in the lower time frames to...
Hello traders: Still keeping an eye on AUDJPY, as price has moved up to the top of structure once again. This time, the larger structure has evolved and create a potential double tops and smaller, lower time frame ascending channel within. If price can reverse impulse out, follow by continuation, it can confirm more downside move from the overall move. Thank you
Hi everyone: Here on NZDJPY, we are seeing some structure evolving to a bigger consolidation, but the overall higher time frame to me can still be bearish, as long as the right price action develop. We can after the bearish impulse phase, price begin to consolidate, and the bigger, longer the correction gets, the more likely another impulse phase can follow....
Hi traders: We are also seeing GBP pairs continue to get weaken, and more downside opportunities are shaping up on GBPUSD. From my previous GBPUSD forecast, price indeed formed a reversal correction, and a bearish impulse phase pushing the price down. After, price has consolidated again, this is a good signs of continuation price action once the correction...
Hello traders: Similar like GBPUSD, we can see more bearish price action from other GBP pairs as well. Here on GBPJPY, from my previous forecast and analysis, price did indeed push down impulsively, broke previous lows. After, price started to consolidate and form correctional structure. This is always a good sign for further continuation price action, if...
Hi traders: Similar like ETH, I do see BTC is likely to make another short term down move, to complete the bigger structure on the higher time frames, and resuming the bullish trend. Price is currently within a consolidation after a bearish move down. ITs likely this can be a lower time frame, bearish correction to give the price one more move down, to the...
Hello everyone: Been looking at ETH on the higher time frame perspective, and its shaping up for some big move to the upside. Price has been moving down since end of 2021, and it has made several impulses and corrections on the lower time frames to be able to push down the price. Now we are getting close to previous lows, and higher time frame suggest a bigger...