The USD/JPY is one of the sell pairs we have from the portfolio selection we did yesterday. The Major pull for us thinking of shorting this pair is the wave structure (3) Momentum Low; this price point has over 70% probability that at some time in the future, the price will come back there after a retracement. On Friday,15-minute timeframe, we saw a breakdown...
SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. WTICO/USD Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within...
In this video I cover the topic of "Compound Interest". I go over the WHAT, WHY, WHO and HOW of it. The Importance of Compound Interest in Trading Compound interest is a fundamental concept in the world of finance and trading, offering a powerful mechanism for growing wealth over time. Unlike simple interest, which is calculated only on the principal amount,...
Hello Traders! We can see that DXY has weakness and not gaining strength though the seasonal charts show higher dollar.
I think we will see a buy-side in the first part of the week. Even up to 3 STDs as explained in the video. A pullback to the Breaker and FVG confluence is my poi for the entry. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless,...
I feed of information! And right now I am itching for more! Very tough to tell but with volitility ahead throughout the band of this week, PD arrays will be attacked in some way shape or form.
Anything goes this week! Trading within thin margins does not provide low risk, high reward strategies. Lookout for the volatile week ahead. Liquidity WILL print price to a PD array
In this video, we delve into the recent movements of the Pound Sterling against the US Dollar as the GBP/USD pair hits a temporary pause near the key resistance level of 1.2700. Investors are closely watching the upcoming release of the United Kingdom's Consumer Price Index (CPI) data for April, which is expected to provide crucial insights into the interest rate...
Hey Leute, wir haben es endlich geschafft mit dem Euro wieder in eine von mir bereits in mehreren Videos erwähnten Range zu gelangen. Die alten Resistance Linien dienen für uns jetzt als neuer Support. Ich gehe davon aus da wir uns in dieser Woche innerhalb der neuen Range bewegen werden. Wir erwarten nur am Donnerstag wirkliche News die uns dann auch die...
You can learn a methodology trust the methodology and be consistent. This weekly planning session is based on the H4 Indices, the idea is to do another major basket analysis after Tuesday trading. This analysis examined the AUD/USD, GBP/USD, USDJPY & USDCAD. H4 Indices Portfolio Selection BULLISH: AUD, JPY, GBP, CAD, NZD BEARISH: USD,...
13-17 may week recap EUR - mostly long, I see some good trades XAU - also long 2 good setaps
Plan for 20-24 May 2024 XAU - waiting for update all time high in middle of week EUR - price in rage, but in general wait for long SP500 - all time high already update, more likely will be range or some weak long
Price is dropping towards the Order block which had a strong departure and is just placed below the PWL. I'm expecting the bounce in there and then I will speculate on the move up to the PWH. In COT data we can see that although the price is dropping lower the market makers are adding the longs, so it can be position-building. Always follow these rules -...
The Euro has reached the top of the channel and also slightly tapped above the previous month's high. I still think the price will go a bit higher, but this week could be a ranging or slightly corrective down as it's wave 4 which is re-accumulation. So I think we will go to the lower part fo the channel to the Weekly mitigation block and FVGs. Always follow these...
Hi everyone, I get this question occasionally, so I figured I would share my opinion on the matter. There are many misconceptions about trading or being a professional trader. One of them is, the more monitors you have, the more successful or advanced you are as a trader. That is complete nonsense. In this video I explain what I think the best number of monitors...
Here on the forex forecast made analysis for the coming week . Mark some resistance and support level and also mark some trend were price touched . For this coming week price is like to follow were are predicted
Join us as we delve into the latest developments shaping the GBPUSD landscape. The Pound Sterling rebounded in the second half of the week driven by robust Q1 GDP figures from the UK's Office for National Statistics, indicating a resilient economy. With a growth rate of 0.6%, surpassing expectations, the UK appears to be steering clear of recessionary woes. This...
Looking at a 4-Hrly chart of NZDUSD, with expectations that we are ready to see this move lower.