UnknownUnicorn3442968

UnknownUnicorn3442968 Updated 

Although we primarily trade FX contracts, staying on top of the equity markets around the world can have huge advantages when trying to identify opportunities preparatory to them even showing validity. The CBOE Volatility Index, known by its ticker symbol VIX, is a popular measure of the stock market's expectation of volatility implied by S&P 500 index options....

UnknownUnicorn3442968

We've seen a very significant phone in the dollar today compared to the euro . China may have to wait until after the 2020 election to handle the trade disputes between not only the United States but also emerging markets.All in all this is not made the dollar week and in terms of the dollar in a relative relation between the yen for example, Dollar going down...

UnknownUnicorn3442968

See originally linked bias, chart description and predicted price action to the downside by a profit of +100 pips in less than 2 trading days thanks to the current risk-off environmental sentiment from the equity markets around the world. This can be directly attributed to both options data taken from bloomberg, looking at auction pricing for The next round of...

UnknownUnicorn3442968 Updated 

DXY: Weekly range-setup

UnknownUnicorn3442968

Not much to really update, however we will we watching for price to reject the currently well-defined area of support of 1.6. This price has been confirmed multiple times the various degrees of shadowed a.k.a. wicked pressure to the downside. Or bias us this week is long and we are looking for a third touch of the counter trendline to enter long or a test of 1.6....

UnknownUnicorn3442968

After waking up to about 30 requests for the Euro , here's the TA. We started the week neutral with the bias set because of the amount of confulneces on each side. Fundamentals sinc ethe markets opened have shown a bullish bush from that price, however the market still is yet to remain to display apparent and straight forward price action. Trading the Euro right...

UnknownUnicorn3442968 Updated 

Aussie is at a monthly key level that I'm watching, THe market was very nonvolatile last week with thanksgiving in theUnited States. Keep in mine, for last week NZD/US moved a right back towards anyone spending all of their time trying to enter. By being dynamic traders we can not only adapt to but ahead of the market at all times.

UnknownUnicorn3442968 Updated 

We are expecting some news this evening at... We should remain alert and be proactive with securing our capital and making sure we are protefted once we are in a risk-free position. 71.1 is also anothe rlevle of upper resistance where we could consider adding an additional short entry if we see the right price action. Bears have taken over looking at the 4-hr...

UnknownUnicorn3442968 Updated 

UF: Bearish weekly setup/bias

UnknownUnicorn3442968 Updated 

Last week we had posted a suggested long setup which reacted perfectly in the zone shown for long entries. The weekly region of support is something to keep an eye on. On the daily timeframe, price has pushed down since the double top, and now currently a double bottom. I didn't enter this trade last week but well done to those that entered on our bias and...

UnknownUnicorn3442968

I'm watching the counter trend line for this setup that we;ve been watching all of last week. Everything remains the same, however I'm ready to execute short at any moment this week. This inverted head and shoulder pattern is definitely likely to change. Short entries will be posted as always.

UnknownUnicorn3442968

This pair has created an opportunity for us to take advantage of a supply zone in a period of consolidation for GBP/JPY. "Consolidations happen either during trending market phases or before a new trend. There are different consolidation patterns as we will see later: sideways ranges, wedges, double/triple tops or triangle shaped consolidations, just to name a...

UnknownUnicorn3442968

Out of all of the pairs this is fundamentally the most unpredictable. I think that playing around with the pound this week is risky and manipulation could occur and be obvious. Always remember there's no limit to how many fake outs can happen with a setup so make sure you wait until it has confirmed the true direction of price action. We'll be favoring a weaker...

UnknownUnicorn3442968 Updated 

EN is still in an downtrend which is key to keep in mind, however if this finds support at the green colored "buy-zone" and we can multiple confluences of support on different time frames entering a long trend in accordance with the structure we've watched for a long entry. This setup is going to entire on price action at certain levels.

UnknownUnicorn3442968

Looking from the top down, 0.8 is I think potentially long term downside support, but until 0.85 it will be of interest to take it long after multiple rejections back up to 0.87. I think this week we will consolidate around the current zone in yellow and that we will be able to take advantage of a break out to either side. Preferably the downside. For this...

UnknownUnicorn3442968

A double bottom is simply the opposite of a double top. This pattern normally occurs during a downtrend and is a signal of a reversal of the downtrend toward an uptrend. It’s easily recognizable by its resemblance to the letter “W”. The initial downward move will find a support at the first bottom and then the price action will rally off the support to a temporary...

UnknownUnicorn3442968

Diagnosticating an Uptrend is Crucial (4hr Example)

UnknownUnicorn3442968

In forex trading, the Fibonacci sequence can also be applied to market behavior to find high-probability trading setups on a wide range of timeframes. Fibonacci retracement is based on the idea that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction. Fibonacci retracement is created by taking two...