Hello fam, GBPUSD like GBPCAD & GBPCHF has tapped in to a monthly demand zone and might begin the retracement. On the 4H timeframe, market structure is somewhat bullish. This invariably means that this entry is kinda risky but one with great potential. Will you take the risk? let me know in the comments. BR. David
Hey Guys, This pair is not my usual favourite but it has paid it dues over time. Multi timeframe analysis shows this pair is going long but I suspect resistance to the long move. It's not a trade I will take, however, I just said I should do it for people that might be watching this pair. If it breaks the profit target, the move up will be MASSIVE. BR. David
Hello Traders, This pair is just tapped the monthly demand zoned and I am expecting a bullish move to take liquidity at the profit target. Just like GBPCAD which we expect the bulls to enter the market (I will add the link to the analysis). Enjoy. David
Hey traders, Kindly find above....LOL..... This pair has tapped a strong monthly demand.. It is so strong I suspect it will go beyond the profit target but being conservative is what I like doing when it comes to trading because I can't move the market my way. This will also complete the weekly retracement before another leg of the monthly bear move. Let me...
Hey Guy, This pair is long term bullish via the monthly timeframe. It has absorbed enough liquidity to push this pair far and beyond. What we can see is a limit order sitting on the daily demand zone. We expect price to comeback and to that zone before the push. Our price target is kinda shaky to me. I don't know how long it will take to get there might be a...
Helloooo there, This pair has tapped into resting liquidity zone and the weekly retracement is poised to begin. Overall, this pair is bearish on the monthly timeframe, but are we going to wait that long. Naahhh... not me. Anyways, let me know what you think. Cheers David
Oh Sugar! I know most of us do not trade this pair, but I have managed to make so good trades from this commodity so far. I think you guys should check it out. As for commodity, I only trade Silver and Sugar. I would like to trade Gold but the lot size requirement is not for me as at now. Anyways, this pair has been bullish and has hit the monthly high, it is...
Hello traders, I'm not really a fan of trading these pairs (EURAUD, EURNZD, GBPAUD, GBPNZD). Why? they come with more than usual spreads which make the limit orders not to be triggered. Nevertheless, I will place a limit order for this pair once this market opens tomorrow. Just like the EURAUD, this pair is taking a breather before continuing the bearish move....
Hello traders, Just like the EURNZD pair (I will link the analysis), EURAUD is taking a breather from the bearish move. Do I know for sure if price will trigger me into a nice trade, I DON'T. However, I will not move my limit order but will wait to see what happen and if price hits my TP without triggering my limit order, I will cancel the order because it would...
Hello traders, The EURNZD pair has decided to take a breather and has setup liquidity traps for traders who are not detailed enough. I decided not to mark the liquidity trap but I urge you to look for it and trust me, you will find it. It's quite easy to see. So what do we do? we put our entry below the liquidity trap. When the market makers go to sweep this...
Hello Fam, Just like NZDCAD, the NZDCHF still has some bearish fuel to take price further down the road. I will insert the link to the NZDCAD analysis I did and you will see the similarities of both pairs. It is a no-brainer as both pairs are correlated. Let me know in the comments what you think. Cheers!!!
Hello Traders, The EURJPY pair tapped into strong monthly supply of 2015 and has shown sign of retracement of the bullish move. The daily structure has shifted from bullish to bearish which then confirms that this retracement (short selling or profit taking) is going to happen. As you will notice, my limit order for this pair has not been triggered but what I...
Hello Trader, I must say that AUDCHF has played out remarkably well for me. This short opportunity checks all the boxes (for me anyways). I am expecting move bearish move of this pair and as we can see, the massive bearish candle which signifies that the bears are ready to continue the downward move and the bulls are not yet ready to buy this pair. Let me know...
Hey Guys, So the NZDCAD has been selling of for weeks now. Although, we had 2 months of bullish retracement, the short is liken to continue bearish. At least, we should expect the month of May to print a nice red candle. I am going to short this pair after which, I'd be looking to a bullish move before continuation of the long term bearish move. What do you...
Hey Guy, This is a peculiar situation where I'm both bearish and bullish on EURGBP. This pair is caught in a range for now but there are certain OBs it needs to mitigate before picking a direction. I think it will be bearish before bullish but I would like it to go the other way round. Anyways, we don't control the market so lets see. Have fun. David
Hello fam, This pair tapped into monthly supply of 2015 and we expect to see some form of liquidity. I am bearish on this pair for now. Let's see how this plays out. Cheers. David
Hey fam, I know I've not posted in a while... sincere apologies. Anyways, our short outlook on this pair is still valid though price seems to be trying to create liquidity structures to induce buyers and early sellers into the market. According to what you can see on the chart, that is where my sell limit order will be placed. Have fun guys. BR David
Hello fam, This pair this week behaved as described in the subject. This time around I am more bearish on Silver (XAGUSD) before going bullish and I will be monitoring this pair for an entry. If you go on the weekly time frame using the short target, you will see the imbalance in the market. What do you think.... let me know in the comments. BR. David