mr_mat_sa

mr_mat_sa

Been out keeping an eye on bitcoin and waiting for the resistance area 70k as we had a lot of volume there recently. Let us wait and see how the market reacts to 70k resistance hoping to see huge rejections there.

mr_mat_sa Updated 

Let me start off by saying happy Easter to everyone. A new month approaches and we have been bull strong for the entire month actually since the year started. What does this tell us about the strength of the dollar? Or are investors running to gold as a safe haven? For the coming week I am expecting us to finish off the bullish trend, I don't see any other...

mr_mat_sa

We have reached a key level on US30, look from the left we had a lot of reaction which explains the volume that was hidden there. (@39061) Now based of that level we can take buy’s to the up side , not expecting too much resistance as we have clean candles on the left, this should be a good one. ✅

mr_mat_sa

This a short term idea, our support is holding up pretty well i'd love to see the continuation to the once we bounce of the support

mr_mat_sa Updated 

Looking at NZDCAD we a at support we failed to break last time, i would expect the same to happen again. Keeping stops at 30 pips , initial target being 80 pips and till resistance looking at at least 170 pips. Lets see how far we can go on this could be a reversal.

mr_mat_sa

I don't like trading reversals this how i took the trade, i used fib retracement to find extension levels which are critical. I believe you get the gist, based of that and the fact that market is trending upward the dolla has been appearing weak due to fundamental data. The Bank of Europe and rate cuts, global tension affecting Russia due to the attacks

mr_mat_sa

This trading is based on the fact that We will see some aort of consolidation or a good bullih candle, which ever the market provides will decide if the trade is wort executing. On the coming week i would love to see the market give a bit of consolidation to get a proper breakout entry at around 2165.48. I won't say much as the key levels are indicated.

mr_mat_sa

For the coming i'm still bearish but will be dependent on the market breaking and closing above our newly formed support at 18430.1 or a test and rejection at 18255.7-18184.9. These levels were further supported by fib retracement, so i'm hoping to see that bullish continuation on the Nas

mr_mat_sa

We saw the Nasdaq breaking the previous daily high on a full bull rally, what i wanna see is a bit of retrace so i can buy the dip just waiting to hit 18262-18260 level to look for buys. if the scenario don't playout we leave the trade idea.

mr_mat_sa

Using price action you won't ever have to force trades, you need to learn to trade based on tangible data, this is not gambling.

mr_mat_sa

After the House Claims yesterday, looking at target area above 18300 level. The condition is that we break and close above current resistance level.

mr_mat_sa

Yesterday i shared my Nasdaq long idea and it played out well, I bears are interested and we could capitalize on this as we are in a sideways move Hoping to see rejection at 18080 to give us that confirmation.

mr_mat_sa Updated 

Now we had a lot of dumps last week on Nasdaq could this be good signs to look for short positions? My idea is that we will break resistance at 17872.4 just to grab liquidity, i don't see it being a change of sell that's currently happening. I'm patiently waiting for the to test 18000 level, any execution of sell will be decided by confirmation, or fundamental...

mr_mat_sa Updated 

We currently broke below structure yesterday, i would expect a continuation to 6250.

mr_mat_sa Updated 

So far all the dumping hasn't caused us to break below 2150 which shows bulls are still interested in the market the trend is still bullish unless some fundamental data comes through. This is risky but unless we break below support I'm going long. Let us wait for confirmation and always remember the stoploss is your friend.

mr_mat_sa

We recently had a great rally to the upside anything at the current moment is sort of short term, just scalping is good enough to get a few pips in. For my setup on USDCHF visit my Published ideas. Happy trading fam

mr_mat_sa

After closing at high resistance area it could be possible for us to catch a few pips in this retracement- it is important to observe the weekly to avoid being caught on the wrong side of the market, to a successful week! Cheers!

mr_mat_sa

from previous lows and high on the daily fib levels, we traced down to 50% from 68,1%, which is a good indication for the bullish continuation. not to set the an unrealistic take profit, just looking to make 50 pips from the trade, Entry @0.88338 , stop @0.88043 , take profit @0.90000