I intend to take a long position on EU after market opens with 2 different TPs. If they hit SL and show rejection at the weekly low, I will look to enter longs with the same TPs as stated in these set ups. Trade safe!
I had an order placed for GBP which did not get activated by the spike. It missed it by around 3 pips. However I still got onto this trade with my SL below the spike. If this hit BE, I will look to re enter a long on the weekly low price area. There is major GBP news in around 5 hours from now so do look out for that and trade safe if you are trading GBP pairs!
AU has been trapped in a range for some time now and still hasn't made an obvious breakout in any direction. However, a long setup is something ill be looking to take when the market opens. SL will be placed slightly below the weekly low. Trade safe!
DXY been giving out real bearsh signals all of last week. Hence I am anticipating either of these movements. A reminder for all of us: Trade based on what the markets are telling you, rather than what you want the market to tell you!
USDCHF was failing to make new highs and when it finally did, it came back to retest that level so I'm looking to sell from that area! I have an additional candlestick confirmation on hourly as well which I will be considering for my sell set up! Have a wonderful week
EU ended the week with bearish momemtum so I will be observing how the price reacts in the upcoming zone before making a decision for the trades to take.
Looking at Gu on a 4h chart, the week closed with the price rejection the zone as shown. Hence, with bullish confirmation, I'll be looking to long this pair when the markets open. Let's see!
I am bullish on Au, so let's see when the market opens, will the price drop to activate the buy orders I have placed there, or does it break the pink box and continue to be bullish. in such an event, I will trade the pullback as well.
gbpcad is looking beautiful on a daily, giving us bearish signals. price seems to have broken the recent uptrend it had formed since december 20, and has made a few clean h&s as well. whats right in front of me is a series of lower highs and lower lows. the markets closed at last month's low. when the markets open I will be looking for bullish signals to trade...
gbpusd is giving me bearish signals with the formation of a hns along with lower highs and lowers lows (the failure to break previous high through rejection wicks). Hence last week's analysis of a bullish setup is now invalid. Ideally, I will make an entry on this pair when it makes a pullback. If it does not make a pullback to the levels mentioned, I will...
Last week I spotted a potential Hns on GU. however, no clear neckline formed and price is currently showing more signs of a bullish trend where this was just a pullback, especially on a 4h and daily tf. if price break the resistance ill be looking to trade the setup alr placed on the chart. (with adjustments depending on market conditions) Good luck!
In the midweek review, nzdjpy had met tp2 and was moving towards tp3. During London session, tp 3 was met! Amazing trade with an rr of 14 :D
If you watched my midweek review, AJ was a pair i had just entered on while doing the midweek review. During Asia session, it hit its tp of 106 pips with no drawdown! Great entry :D
After hitting my sl, the price dropped and rejected the zone I had marked. (look at wick). I waited for a bullish candle placed an order in the yellow zone. TP was set to the next resistance zone marked on a daily tf. tp hit during Asia session.
i replayed last the week that just passed to relook how I could have better traded this pair but since it was consolidating last week, there was not really much of a great opportunity. However, I do have a bullish set-up for this week and will be trading it when market opens given the setup remains valid. Have a good trading week
hi traders. this is my outlook for nzdusd based on my analysis. I will await further confirmation to decide whether to go on with my bearish or bullish setup but if you have watched the video, this is what I will be looking at. Have a good trading week!