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Remember in all currency pairs' movements, DXY is King...
DXY/USD index is the most powerful of all the currency pairs... it's 100% USD versus 58% EUR, 100% USD versus 12% GBP, etc. So in all your considerations, always keep an eye on DXY. There is a large liquidity 'void' (low liquidity = lack of back & forth price action within a price area) just below current price, where central banks are eyeing off retail/commercial banks' stop losses. This should add to foreign currencies bullish price action. This is not so much a trade idea (I don't trade DXY, just observe it) as a market analysis. Sit still and wait for your setups like a mantis.
USD counter trend trade
looking for a counter trend push on the USD Index back to the 200 on the H1
CAREFUL GUYS this is OIL - CRUDE
well this is my first post, but be very careful. According to Fib and resistance level from OIL is 48.56 so is a buy position, but then bummmmmmm will go down. I am happy to receive your thoughts. Thanks
SHORT OPPORTUNITY IN NATURAL GAS (NATGASUSD)
Hey folks, Wait for your natural Gas to rise up to the trends median line at approximately 2.500 a...view more
USOIL/ CRUDE SHORT - Daily Gap (For some reason, Oil's ticker has vanished)
As stated on Monday, Daily 8EMA gap has now been formed following the retest part of the BCR of the ...view more
Buy Daily trend change via price acceptance above the daily anchor to the previous down trend horizontal red line is the previous anchor to the down trend sl is daily close below 97.125 tp is same number of pips
Weekly pinbar at upper weekly channel line along with the U.S. Federal Reserve starting to cut interest rates could be signaling the start of a down trend. Stop Loss is just above the current weekly bar high (pin bar). Target price is same amount of pips as the stop loss.
Look like the bearish run of the dollar is now beginning.
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count or update. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers. This is a educational post only...my ambition is to create a awareness to the traders who lose the money and treating like a gambling...this is a pure business and not only buy and sell apart from that we have to fine tune ourselves in various part of trading...cheers once again
Selling usdx on H4 shooting star. The price tested the previous high on the h4 and reversed into a shooting star. Stop loss is h4 close above the shooting star. I don't have a tp.
LIMIT SELL TRADE SETUP......only sell @ the mentioned zone no buy is advice (counter trend buying from here 96.77 expecting to the sell zone).. All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count or update. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers.
Head & Shoulders pattern Break of Trend lline Break of horizontal support Decent risk reward NOTE. Do not follow my signals blindly. If they agree with your own thinking then all well and good but it is vital you take responsibility for your own trades.
This is a view on DXY in my personnel view . This is a sell limit as shown in the chart. I shared this for educational purpose only. Cheers
All information given inside the chart and this is a view of the USD strength. I shared this for educational purpose only. Good luck and cheers
DXY 4 HRS: This is just for $ info only if long with the $ on certain pairs, this is not a trade set up as of yet, price still working..See Chart for details.
USindex Sell Stop
Crude Oil 4H Bull Bat pattern @ previous structure high. Please do your own analysis b4 you take the trade, Goodluck
Possible USD rebound nearby
I have these levels on my radar.
Potential double top forming with lower low candle as entry signal on H4 stop loss is swing high + spread + 3 pips. tp is close above 8ema.
Sell stop USINDX
just view.....strength has to come...
I had already given a commentary in the chart. From 3 months before i am watching closely...and posted here too about the dollar weakness.The target also achieved. Now the Final wave in the diagonal formation may end @ 89.96 and there is a sharp pull back after hitting that area thrice. The low made previous was 89.97 and the other previous low was 89.98. The stop is placed in below the previous lows and the profit placed in the ankle support and the resistance zone well. The positional target for this one is 98 and above. why i am bullish on this... 1.My Elliot wave count of 5 waves in the diagonal form completed @ 89.96. 2.In the commitment of report, the speculators are in shortside and that confirms us to go for long... 3.In daily chart we are getting the bullish divergence in the stochastic as well in the oversold zone. Nobody will get into the TRAIN when it is in the station..once it is in the halfway every body need to catch in the running and they may fail.... keep strict stop and good luck.