Umar_Suh

Umar_Suh

Currently learning how to forex trade again, so before I take it serious I am publishing my technique and seeing if they work. So for this trade I had a daily support and a 4 hour support. Plus a potential double bottom. Being a newbie, I would enter this trade with my 2 confirmations, I have a psychological resistance, which I hope it breaks for it to go up to...

Umar_Suh

Potential Short on NZDUSD, still start of the week.

Umar_Suh

Could AUD drop? I know small time frame analysis but on the 4 hour chart it could look like a potential M forming to go down and it is near a psychological level. It will be a session confirmation soon.

Umar_Suh

Possible short from NZDUSD, M on the 4 hour chart and session confirmation may help it go down.

Umar_Suh

AUDUSD for me was a downward trend. Could have taken 2 trades from this. 1st trade from 0.6100 long and then a short from the 50% Fib Retracement. Yes, not all trades can be perfectly seen like this but today's one was quite nice.

Umar_Suh

Don't like this pair, so just want to see if it does go down...

Umar_Suh

Long from 63.90, midweek reversal?

Umar_Suh

Time for EURUSD to go down? Midweek reversal could have started late for them, so lets see!

Umar_Suh

THE DAILY CHART FROM MY LAST POST

Umar_Suh

Reason for the short, which it looks like I am late for the party, is because it is midweek reversal time (fingers crossed). On the 1 hour it could be a W formation or a start of a M formation. On the daily chart you will see 3 bullish candles, with todays looking like a pin bar.

Umar_Suh

Trendline on 4 hour and session confirmation

Umar_Suh

Fib level 50% Session is coming to an end so it could also help it drop

Umar_Suh

Psychological level, and it has been very bullish over the last couple of days and weeks. Could sellers come out strong this week?

Umar_Suh

This area has been a support for a while, could it go long? Let us see! It is also midweek so we can expect a reversal (small one if anything)

Umar_Suh

USDJPY long, going long on this trade due to the pattern for the start of the week. Personally, I see this as a bull flag.

Umar_Suh

USDCHF Possible long from 0.9300, just posting it to see if it does

Umar_Suh

Long from 0.6600 Why? Because this is the lowest it has been for a while and has been resisting for this level for the passed couple of days. Yes, long term it could spiral downwards, but no hard in getting a bit of a reversal. Psychological zone too, people like whole numbers.

Umar_Suh

NZDCHF Potential Long. This zone at 0.6190 seems to be a general support zone for years now. Hoping this works in my favour for a long. I know the markets have just opened, but I like the trade so why not.