theforexguy

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About me A passionate retail Forex trader who specialized in price action trading strategies. Price action is a trading method that uses price alone to make trading decisions. Clean charts, no complicated indicators and a stress free way to approach the markets.
Joined Australia
Markets Allocation
50 % forex 50 % commodities
Top Mentioned Symbols
CB1! 50% | 2 EURUSD 25% | 1 EURCAD 25% | 1
theforexguy theforexguy EURCAD, D, Short ,
EURCAD: Bearish Pin Bar Trade about to trigger on EURCAD daily chart
280 3 2
EURCAD, D Short
Bearish Pin Bar Trade about to trigger on EURCAD daily chart

The EURCAD daily chart is in a clear downtrend. The market has retraced back up to re-test a previous swing high resistance level within the trend. Price respected the resistance level, rejected moves into higher price sand forced the market to close below it's open price for the day - creating a bearish pin bar. The market is now breaking the lows of the pin ...

theforexguy theforexguy CB1!, D, Long ,
CB1!: Bulls rejected lower prices on Brent Crude - Time to buy?
191 1 0
CB1!, D Long
Bulls rejected lower prices on Brent Crude - Time to buy?

Crude oil tested a critical support level on the daily chart last session. This market has experienced such an aggressive sell off, it has forced price to accelerate away from its mean value - leaving that mean to price gap. Generally when these gaps occur, the market likes to 'sling back' and fill the gap between mean and price which is knows as the 'elastic ...

theforexguy theforexguy CB1!, D, Long ,
CB1!: Time to buy Brent Crude Oil?
167 0 1
CB1!, D Long
Time to buy Brent Crude Oil?

Crude oil tested a critical support level on the daily chart last session. This market has experienced such an aggressive sell off, it has forced price to accelerate away from it's mean value - leaving that mean to price gap. Generally when these gaps occur, the market likes to 'sling back' and fill the gap between mean and price which is knows as the 'elastic ...

theforexguy theforexguy EURUSD, D, Short ,
EURUSD: Waiting to sell EURUSD on retest of resistance
275 0 6
EURUSD, D Short
Waiting to sell EURUSD on retest of resistance

Waiting for this old support level to be retested as a resistance level. Waiting for a bearish price action signal before considering a short position.

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