This GBPAUD trade played out in the earlier Asian session after the bad news for AUD. Although it did a pullback towards London open, the buyers managed to consume the sellers volume and reach the 4H target. Overall- a great trade!
The JPY group is showing weakness, encouraging buys for the jpy grp of currencies. but be wary of AU and NZD as they are pretty weak across the board. Should the trades play out I hope to share it along the way!
I’ve been eyeing sells on NZDCHF. Yesterdays entry didn’t get past the 1st danger zone and bounced back up. Let’s see if CHF strength can move this pair for sells.
Red news for USD in 10 mins but I've got an entry on this pair for a sell. positive news for USD may run this into SLs so risk carefully.
The CHF group is showing that the sellers are here but entries will need to be refined when it comes to the desired area of entry. I would like to see the price return to the trap. Let’s see how this plays out!
It’s 1h+ to CHF opening but this trade looked ready so I have entered it. Sellers have entered and shown their presence, so I will be taking 2 TPs with the following levels marked on the charts
In my view, AUDJPY is preparing for sells. While the pair does not seem to be ready yet, I’m waiting for complete exhaustion of buyers/ buyers failure before getting onto the sell side. Will share further as the pair develops. News: Unemployment news for AUD was poor for AUD which fuelled the push to the downside. Bank holiday: EUR GBP and CHF are having bank...
entered. watch video to see analysis. Sellers have showed up!
Let's see if this sell plays out. For now its looking good!
GBPCAD has come down to give an entry. Went even lower during London but as you know it was a bank holiday & not worth risking a trade. Trade management will be updated. Tp1 taken at 2R (50% position + set to BE) NOTE: there is CAD news at 9.30 am US time. altho minor, manage trade accordingly.
Given CHF's strength across the board and NZD as a weaker currency, this sell opportunity looks promising! Watch the full video for somethings to look out for when trading this pair!
AUDCHF has this beautiful sell opportunity forming. Watch the video to see the details of the setup!
USDCHF is looking good to go for sells. CHF has been showing strength across the group and USD is somewhere in the mid, strength wise. I will be waiting for a clear entry and indication that the sells are ready to go!!
It is a bank holiday on Monday for GBP so maybe we will see the pair range through the first half of the trading day before it picks up pace during NY open. Looking for buys only on this pair! Watch the video for my analysis on this pair!!
GBPNZD is currently ranging on an hourly. we can wait for a breakout on either side for trade. if it breaks on the downside for sells, short term only as my larger TF bias is for BUYS
GPBUSD recent broke out of its downward channel but is yet to fade out its sellers completely. Im eyeing to take some buys once the sellers fade out. The JPY group collectively (except NZDJPY) broke yests highs but the volume with which it did is not very impressive because of which i will still see how the group performs before taking any buys.
After rejecting a key area and a strong move down with volume, I’m expecting USDCAD to retrace slowly before the big dump to the downside.
GBP had a nice n deep pullback. Should be ready to continue the buys. No major news today so there shouldn't be any spikes. however, the price did recently react from a daily sellers zone. so should the seller show signs of return, i will exit the trade early.