Hello Traders! Trend Formula: Swing High Broken + Higher Swing Low = Bullish Trend (Vice versa bearish). Safe Trading.
Hello Traders! Just brining you to speed as posting everyday is not needed.
Hello Traders! UJ has created a swing low formation below the monthly opening price. Studying bullish month we often see this as a turning point for higher prices. Price also fails to break the most recent swing low and creates a higher swing low. If yen keeps devaluing over the days and weeks DXY should be more sought after
Hello Traders! We got another down closed day yesterday which I will consider as a long opportunity. If Yen keeps weakening I would suspect more strength into Cad dollar.
Hello Traders! NJ is currently in a large range cycle. I will not be looking to trade this pair. I need to wait for a small range cycle to kick back in on the daily chart. Overall I see this to be bullish with a weak Yen. CADJ looks better to trade.
Hello Traders! CJ is in s small range cycle. This allows us to now hunt and look to catch a large range cycle move. Price as formed a swing low formation below the monthly open. I am going to consider that a low the commercials purchasing in discount. At this point of that is going to be low or sponsorship higher I would consider longs to the nearest IPDA high....
Hello traders, Comparing the interest rate of different currency pairs can provide valuable insights into potential trading opportunities. Let's break down your observations and consider the key factors at play. The NZD/JPY pair represents the exchange rate between the New Zealand Dollar (NZD) and the Japanese Yen (JPY). The Reserve Bank of New Zealand (RBNZ)...
Hello traders, Comparing the interest rate of different currency pairs can provide valuable insights into potential trading opportunities. Let's break down your observations and consider the key factors at play. The USD/JPY pair represents the exchange rate between the US Dollar (USD) and the Japanese Yen (JPY). The Bank of Japan (BoJ) indeed has a history of...
Hello traders, Comparing the interest rate of different currency pairs can provide valuable insights into potential trading opportunities. Let's break down your observations and consider the key factors at play. CJ - CAD/JPY: The CAD/JPY pair represents the exchange rate between the Canadian Dollar (CAD) and the Japanese Yen (JPY). Again, the BoJ's negative...
Helo Traders! Still waiting for conformation for longs.
Hello Traders! I touch on USOIL in second half for a bearish example.
We can see the trend has continued back into a bullish flow. A swing high broken = bullish stage. This is the first indication of trend or direction. We need something to define what starts a bullish trend and it is this. Todays candle is in a large range cycle. We need it to go back to a small range cycle.
Hello Traders! Here we have my classic way of finding daily draw forming out. Currently price raided a swing high but failed to create a higher swing low. Instead of a higher swing low we got a raid of a swing low. If a swing low is broken the stage of a bearish tone may be underway. However, a trader must have patience and wait for a lower swing high to...
Hello Traders! We can see my narrative of a weak dollar and strong Cad was incorrect. We know the world currently is in a high fear status. US dollar are in demand. Overall, we can see not everything will be perfect. But do use this a learning opportunities.
Hello Traders! Gold and Oil has been rallying up with globe tensions high. Gold and DXY are both above the monthly opening price. One of them is lying. Market makers are holing up DXY from falling it seems. I still would like to see a weak dollar if the feds show no sign of increasing rates. Short after a up day is ideal. Let' see if we tumble lower. I...
Hello Traders! We can see price is forming lower swing highs in a premium range. Best sell setups ideally occur in a premium. If this month is going to trend lower it will do it best to form swing highs or lower swing highs above the monthly opening price.
Hello Traders! As we can see price gave another bearish day. If we get any up day I would sell the next day. Remember selling short is ideal in premium territory. Don't believe me? Check any bearish month via daily.
Hello Traders! You can see that sell stop order is active. Currently in the market short. Price is still in a premium for the month. Selling is best to me as the trader when above the monthly open. Price has recently taken out BSL and will possibly look for SSL. Larry Williams Smash Day logic played out well for the short opportunity. Would like to see price...