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...
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...
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
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.
price still ranging, thou we now know where to follow. shot
My opinion of USDJPY, i see it as a shorting opportunity
Greetings Traders! Join me in today's video as we delve into an in-depth analysis of GBPUSD and DXY, exploring key expectations for today's trading session and summarizing this week's trends. This analysis is crucial as it sets the tone for next week's trading as well. We've reached a critical juncture on both the DXY and GBPUSD charts, making it essential to...
Hey there, So, this morning I switched on my computer and while going through my watchlist I saw that there was a potential setup coming together on the GBPUSD. Instead of just taking the trade, I though it would be a cool idea to record the actual trade and share it with you all. I am still in the position, and though it would be better if I split the...
In this video I give you the 3-step method I use to do my analysis. By incorporating these steps, it is also how I do my top-down analysis. You can think of it as a checklist as well. First, I have my Bias, which determines where I believe price is drawn to. For example in the case of SMC/ICT Concepts, we observe where the liquidity is in the market and use that...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.6342 which is a pullback resistance. Stop loss is at 1.6405 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 1.6229 which is a pullback support. High Risk Investment...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3649 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.3707 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...