Markets are moving and the banks are making money! Dive into the Forex and Index markets with Wall Street Trader Meikel Mokry. We all have one goal: Making money trading. Let's do it.
NZD/CAD: Bullish Reversal running > breakout of bearish trendchannel > Higher-high-higher-low sequence established > weekly high broken to the upside > 200er MA in H4 protecting downside > next downward trendline fard away > POC volume below current levels The setup can potentially pull back a little before advancing. As we are Wall Street Swing Traders, our...
EUR/CAD - Ongoing Short Break > Bullish Trendchannel broken to the downside > last higher low invalidated > POC above current price > Small bearish trendchannel established EUR/CAD is the mirror image of CAD/CHF (which in turn looks long). The current market environment is rocky, so use proper risk management if you position yourself in the short direction.
GBP/USD: Continuation of bearish trend > Overarching bearish trend > Bullish correction broken to the downside > 200er MA + POC above current price > Bearish Engulfing Trigger + Follow-up candle Probablity of a short move high. Please manage your risk in the current markets. Markets are very skittish and irrational. We are trading with 0.5% maximum....
GBP/USD: Short Trendtrade H1 > H4 structural break > LH and LL established > POC above current price > BOS is our sell zone This is a short-term H1 Setup, coupled with the preceeding H4 structural break. We already published the H4 idea, but this setup can be used further. Meikel & Team WSI
GBP/USD: Short about to rollover > Price at upper end of overarching bearish trendchannel > Break of inner bullish trend to the downside > LL-LH-Sequence > POC above current price > General USD-strength ahead of NFP on Friday Generell USD strength after strong ISM data. Short move likely. Only event risk: NFP on Friday. As always: Manage your risk, especially...
GBP/AUD: Long Reversal running > Higher High and higher low printed > Break out of the triangle formation > POC below current price > Last weekly high far away Structurally, this is a long based on the rules of our Wall Street H/L System. It is, however, a little risky ahead of the FED tonight. Why? Because the decision + press conferent COULD lead to...
GBP/CHF: Long Reversal running > Higher high and higher low printes > inner trendline break > quadruple bottom > POC below current price We are seeing broad GBP-strength, also visible in GBP/CAD, GBP/AUD, GBP/JPY and GBP/NZD. GBP/CHF checks all the criteria for a long entry according to our H/L Wall Street System. Post Fed Meeting The dust has settled since...
Markets are moving and the banks are making money, time to enter! Former Wall Street Trader Meikel Mokry looks back at over 18 years of trading experience. Join this unique stream to look over his shoulders.
EUR/GBP H4: Short pressure rising > Bullish trend broken > Re-Test successfull > break of structure, change in sequence > Need a break of the current inner upward trendchannel Even after the interest rate increase by the ECB, the EUR seems vulnarable, especially because of the ongoing Russia/Ukraine conflict. A break of the last higher low would increase the...
CHF/JPY: Shortsetup in the making > Doubletop formation with falling high in D1 > Lower low and lower high in H4 > Inner trendline broken > Top range of bearish trendchannel > POC above current levels This is a watchlist trade. We would like to see another lower high + outer trendline break to enter short. Check out our bio! Meikel & Team WSI
Markets are moving and the banks are making money, time to enter! Former Wall Street Trader Meikel Mokry looks back at over 18 years of trading experience. Join this unique stream to look over his shoulders.
USD/CHF: Bearish Move ahead > First lower high and lower low > Break of trendchannel > break of structure > POC above current price level > Generell DXY weakness Feel free to discuss and comment! Meikel & Your Team WSI
#NZD_CAD: Longreversal ongoing > Bounce from weekly support zone > Structural break of inner downtrend > Higher-High established > Tripple Bottom > POC below current level Feel free to discuss and comment! Meikel & Team WSI
EUR/JPY: Push lower ahead > EUR/JPY trendbreak > break of structure > lower high/lower low sequence > POC above current levels > JPY ist generally getting stronger Feel free to comment! Meikel & Your Team WSI
CAD_CHF in H4: Watchlist Long > Phase 1 of H/L Setup completed: Trendreversal > Next stage: Phase 2, first bullish wave > Established a higher low/ higher high sequence > Break of bearish trendline needed > Break of Structure would be completed after > POC below current price levels
Former Wall Street Trader Meikel Mokry looks back at over 18 years of trading experience. Join this unique stream to look over his shoulders. To he will be looking at tomorrows NFP data + a couple of high probability swing setups.
Former Wall Street Trader Meikel Mokry looks back at over 18 years of trading experience. Join this unique stream to look over his shoulders. To start of the 2nd half of 2022, he will be looking at high-profit Wall Street setups!