the5erstrading

the5erstrading

Hey Traders, EURGBP entering a range prior to the announcement of the Great British Pound CPI. On the one hour chart here, you can see the green area in which we are currently ranging, I'm expecting a breakout given the data of the CPI. We've had a very good uptrend moving in the CPI data over the past six months and is forecasted to do another 0.5% increase....

the5erstrading

Hey Traders, Early stages of a trade plan here, keeping an eye on the GBP unemployment rate coming out later in the week. If we manage to push higher and take out the question marked BOS, look for a pullback into this gapped area and run it long. Let me know what you think in the comments.

05:28

the5erstrading

Hey Traders, Today we're going to look into GBPNZD. I took a trade which resulted in a 4.5 risk reward ratio. The beauty of this trade is I called it right here on the tradingview ideas page yesterday. I put up a great British pound/New Zealand Dollar idea, spoke about it and said exactly what I'll be looking for in order for me to enter and we actually had...

16:22

the5erstrading

Today I'm going to be looking to something a little bit different than our normal analytics! We're going to dive into the tradingview screener! The Forex Screener specifically, but everything I do talk about does also apply to the crypto Screener and the stock Screener. What I want to explain is how I use it to find pairs, stocks and cryptos which are setting up...

the5erstrading

Hey Traders, Looking at GBPNZD, we've had a double break of structure here on the one hour chart with both impulse moves being very solid as money floods into the pound against the New Zealand dollar. Looking to see if we can pull back into the green demand area which I've drawn out. If we can pull back into this area and the chart starts to give me an idea that...

the5erstrading

Hey Traders, As highly requested, I have had a look at the Bitcoin/U.S. dollar daily chart. I always tend to have a bullish bias on Bitcoin because as it begins to rally a little bit, a lot of the popular news outlets tend to publish about it being on the move again, triggering an even bigger bull run and everyone is a lot quicker to buy this and they are to...

the5erstrading

Hey Traders, Looking on the 4H chart for NZD/USD here, we've got a very interesting setup. As you can see we've had three solid bullish moves as marked by the purple rectangles, each supplying a solid demand area. The bottom 4 hour demand area is an area which I believe this price will come back down to and will bounce accordingly. You can see the solid bull run...

the5erstrading

Hey traders, Today we're going to be looking through this weeks economic calendar. We're going to look at what data is going to be released and what really is going to be affecting the market. I will also share my bias on the different pairs and the different data being released to see if any of these are going to be tradeable or whether or not we should just...

the5erstrading

Hey Traders, Looking at the EURJPY chart. I can see a potentially a bit of strength coming into the Japanese yen as a pullback after the previous losses felt in March. It will be interesting to see how the chart reacts. I'm looking here on the euro because I still am seeing euro weakness given the current circumstances with Russia and Ukraine. I want the price...

the5erstrading

Hey Traders! Just like that, another month has flown by, end of the quarter this time, so it's a little bit more special. What I want to do is run through and have a look at the biggest movers to the upside and to the downside of the month. One of them really stood out across all pairs an I think you guys already know which one I'm going to talk about, the...

the5erstrading

Hey Traders, AUDUSD looking like it might top out here on the four hour chart with it forming a bit of a double top formation. As you can see by the image attached into the chart. I've added a little projection on where I can see the price going, if this does come true and we do manage to break that lower low, the supply zone will be a great area to look for...

08:04

the5erstrading

Hey Traders, The trade we've been waiting for has finally arrived. We've been talking about it for weeks. We had been working on it for weeks together right here on the TradingView ideas that you can see linked below. Every trade idea I talked through exactly what I wanted to see, how I thought this was going to play out and then where are points of Profit going...

the5erstrading

Hey Traders, AUDCHF is a very interesting pair. We've broken structure in both directions on the one hour chart. This usually indicates to me that we may start seeing a bit of a range trading opportunity while the market is very conflicted on which way to go. Obviously the Aussie dollar budget was released yesterday which had a large impact on the market. It...

the5erstrading

Hey guys, I'm not seeing a whole lot of stuff out in the market at the moment that I really want to trade, I've been trading some fundamentals on the Aussie dollar for the past few days and on the outer timeframes, looking at all the charts I'm really not seeing anything grab me. One thing I have noticed is this massive imbalance here on the GBPNZD pair. If we...

the5erstrading

Hey traders, Today I'm going to give you a drawing on the EUR/USD one hour chart. Just things to have a look for if you're looking at day trading this in the future. We have got a lot of noise, we are trading in some ranges. So I wanted to prepare some areas in which you could look to either trade around or take into account before taking any trades. The orange...

the5erstrading

Hey traders, If you remember a little while ago, I posted about the DXY or the US dollar currency index forming a double top formation. The analysis did come true in the sense that we bounced from the top supply area and back into that lower demand area, however, given if it were a proper double top, we would have broken that demand area and began to head lower....

the5erstrading

Hey Traders, First, let us have a look at the four hour chart down the bottom of your screen. There, you can see as per previous drawing (linked below this chart) that we have had that little pop up and then a pull back into our demand area. Now while it is on a 1-2-3 move to the downside, we definitely could see this continue straight through our area. So we...

the5erstrading

Hey Traders, Today I wanted to run through Australian dollar and New Zealand dollar trade idea. My whole thought process and how it's currently planning out. Then, what opportunity I can see forming to potentially give us around a 70 Pip profit trade, if not further, heading up for the 200 pip mark. Keep an eye on it and let me know what you think. First thing...