Crude oil target hit . looking for recovery And then see price Action around 57.00 Area

Yesterday, I post the target of Crude oil around 53.20 level ( See My earlier post here> But I never expected the target to be reached in one session but that is what price action is all about.

Aud/cad is facing headwinds around 0.9420 area

As I have stated so many times in my blog that I only trade locations and failures and recent trade of crude oil future was one of the prime example of 1:30 risk reward & now I'm target Aud/cad for the next week. Below I'm posting the weekly, daily & h4 chart to clear off the doubts where we should look for PA to respond.

Price Action is already give me some clues of fake attempts to rise of demand levels below after getting rejecting from Support resistance Flips & it still require the final test of the level 0.9420 for the rally towards the low around 0.9320 which is also the structure low of the recent rally from bottom.

Prime Trading examples includes few things which are syncrhonization of the weekly, daily & h4 chart & all the price Action followed the same old techniques of failed patterns and final stop hunting towards the bullish trend which will end soon and we could see a low of 0.9070 area to be tested once again.

My stops would be around 0.9448 area & my first initial target in Aud/cad would be 0.9330 & then 0.9242

I will update the chart on Monday on most probable price Action next week.

Crude oil plunge after break & targeting 53.50 Area

As, I mentioned previously that I'm bearish on Crude oil futures ( You can check my latest post here ). I'm still targeting the lows of the rally from confluence point of view & target was triggered after weekly supply around 64.00 hold the upside momentum & then we saw technical moves around 57.00 area when I pointed out few stop hunting moves & finally that level was given away by bulls yesterday after Crude oil futures data released & puts pressure on the WTI again.

Take a look that Chart below

In the post below, I've managed to spot out real time trade of usd/cad in which I've spotted a nice rally through supply & then retest of the small demand zone which triggered the entry & you can also take an entry around these levels at intraday highs with stop below yesterday low and see if we can make it count.

How to track best opportunity in Trading with minimal Risk

I have spotted out few very good and easy techniques to trade forex. Below is the chart of Usd/cad in which we see a nice Rally base rally through consolidation zone & flags that hold the price down . RBR through that zone & then one nice bullish strong candles through the top of the h4 supply.

After we witness a strong rally through the supply, yesterday price action moves in between that patriot candle telling us that price will find supply or demand again through the low of candle with no risk & atleast there was 10 time rewards with 8 pips stops & 80 points target around 1.3560 area.

Time to Revive the Forex Education Stop hunting process

As all of you know that Forex is a place where there are enough orders to execute the facilitation & in case if there are not enough orders, price will remain in consolidation mode for days, weeks and even months. Forex price Action moves with orders in the opposite side & when enough orders are collected, then price does moves rapidly against the large orders of Retail Traders or investors. This can is done highly by investment funds, hedge fund managers, banks & by and large market maker brokers.

Just imagine if you are broker of a large scale & you have orders execution report of your traders & when you know 70 percent of traders are long, then you create an environment to hunt stop losses and move the price in the favor of 30 percent of traders, who keep involved in trading and make sure that they have enough profit to execute their next trade.

Forex Order Flow & stop hunting process Explained in Chart below

I took couple of trades in last month with zero to minimal draw down & that can happen to you at large if you keep yourself involved in most of the price action techniques I have explained since years. In first chart, I took an Aussie trade, Candle that left the zone had enough momentum and if you take a look left, then you see a drop base drop with momentum and false retests which tells you that there are traders who are long at false demand and as price hold these areas above demand and there was good reason for us to believe that most of the traders are long there.

IF there are not enough order flow,price will consolidate & create new zone here and there to encourage long trades & this is what we always need to be aware of while executing a trade that we need to remain alert where the stops are placed and that is how we can have edge & always take trades that are offering atleast 1:7 or more risk reward because bit of looses here and there will make up for a trade when it is time to trigger a trade.

Euro dollar Expected price Action in coming week

Euro is all set for bullish rally to test the long term resistance around 1.12570ish area, but are we expecting that rally to stall at this time of risk aversion. I am eyeing the fake test of 1.1270 area with euro fail to reach the 1.1291 area & bears again attack this area for one last time to test the demand level around the recent lows.

No matter what happens with price, I always look at the chart and then decide.

Forex price action are not based on assumptions and rumours, although there are chance of rate cuts in U.S are on the cards with no inflation in U.S and adaptive policy measures taken by Fed, but that can put impact on retail traders to remain bullish on Euro with the break of 1.1300 line & that is why this area is very crucial.

Take a short at 1.1290 line & put the stops around 1.1327 level & see if we can test 1.1100 again, this trade offers 1:7 risk reward with reversing the trade after that price line is breached.

Possible price Action zone in Euro is sighted in the chart below

It is a question of concern for me to where to look for opportunity in the euro but If we have clear breakout of 1270 area, then there is doubt in my mind to whether it would be good to short Euro around the levels I mentioned below.

But price Action techniques told me to stick to the plan and watch for Price Action in the supply zone which was created on weekly with a shooting star mentioned by arrows

I would rather wait for the price action to unfold on h4 timeframe to look out for best area to short again . I already had good profits shorting euro around 1240 levels , So I can afford to risk few extra pips but I would advice to look for update first on the blog before taking any trade. Touch Trade is possible but first approach to Price Action zone is awaited & then we possibly will caught reaction.

Technical Analysis of gbp/aud Level based Trading zones

Hi Readers,

Price Action opportunities decide the recent movement in price. The behavior in price action is natural. Forex markets don't move and will consolidate untill it find the level to push the price up and down.

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Recent behavior in Gbp/Aud pointing towards the rejection level as I have pointed out in the chart below. Rest of the price action will be explained in the next blog post . Just keep the stops tight and trade the reaction and not predictions.

Price Action depends on Pattern Rejection Attempt Price action zone & Reaction

In this post I will point out few of the areas which depends on few factors which completely tell you the reaction If there is a price action zone after the failed attempt. Mostly pinbars on weekly and Monthly timeframe are the best one to trade But they can be found anywhere.

Lets discuss all of them in Orders.

Pattern

Any pattern that developed in higher times requires justification on lower time frame if they at all are reliable and that is why only few of the candlesticks patterns that work consistently in forex trading. Irrespective of pattern, location of pattern is very important. Pattern can occur on top of the trend of even at the low of the new trend beginning

I'll cover rest of the topics in the next post update. Stay tuned for the most powerful concepts in trading If you want to make good earning trading Forex or even want to be consistent. In the mean time, take a look at top down Analysis chart based on recent Price Action in eur/usd, which identify a pattern to sell-off around 1.1290 area . Questions are always welcome. Stops should be around 1.1324

Rejection
Attempt
Rejection and Price Action zones in Forex
Reaction

Gold Intraday levels. Entry to buy around 1282 & targeting 1320 area

Hi Readers,

Its quite a while since I've updated you about the intraday levels and trade opportunities on precious metal Gold. The reason being the rejection off highs and buying at lows and there are not too many opportunities being provided except one that I missed to update.

Recent price Action on Gold is very much clear and swing traders & intraday traders are eyeing 1280-82 levels for the new buying pressure & I would also recommend buying at these levels . Stops should be around 1270 but just below 1270 would be good enough for a very good risk reward ratio which can target atleast 1348 level but I'm setting 1324 for the second target. Chart has been quite clear. We have seen Price action at the key area around 1288 and rejection off the lows around 1270 level.

As I mentioned in the chart with Red Arrows about break of Crucial 1289 level which turned out to be a false breakout and went to sold support & demand & then again price has rallied nicely once again to that price line & I would expect another trap to 1280-82 level for new upside pressure which will be sharp enough to test the 1310 level. So, this would be our first target for gold & I'll certainly trail my entry at 1300, If Price gets to my first Target in precious metal.

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Trading in this risky environment is very profitable but only if you know how to use money management skills in Forex trading or trading any commodities or stock market. Trading requires patience and also need to be managed well if you want to be a long term trader & want to make a living out of Forex. Forex is the only market which reacts very quickly to events globally as there are lot of rumours and talks & deals going on which creates panic amongst institutional investors to increase and decrease their reserves. So, never take any trade for granted and always manage the risk & trade Risk free once you achieved 40 percent of your initial target which is 1297 in this case. If you reach 1297, then you trail your entry at +2 points to trade risk-free .

Gold trading is usually best for Swing Traders as levels and trends are usually easy to predict or analyze. Prediction often works when they are managed properly. No matter how good you are as a trader and how good the trade can be, there is always a chance of trade going against you & you need to reach and cover quickly in such scenarios as global events are usually unavoidable such as Natural disasters. Gold futures does become profitable if you know when to enter technically as well as fundamentally. Both reasons need to be properly synchronized to initiate a trade & when there is enough Cash Flow, there are lot higher levels are targeted. Check the Chart and trade levels & manage to your risk.

Gold Futures Trading Levels with Entry Exit

Levels have been market in the chart clearly & reason and logic of entry is also quite clear .Fundamentally, there is also a reason to buy precious metal as there is a trade war between U.S & China is on the heating map & any pressure and unsettled deals will push stocks and Indexes from Record highs and In risk appetite, there is only one safe heaven which is Gold which draw attention of retail and institutional investors as well. Keep your stops tights & as recommend and let's see If this entry is good enough to test the highs and possible higher in the weeks and months to follow.

Stay Tuned for more & Eur/usd post will be there at the start of next week.
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That is how some of the price Action behavior use to behave

Chart below is the prime example of some of the price behavior when it reach or set levels prior to get there and use to hunt stops. I'll probably explain each of the chart with details in coming weeks and months.

Crude OIL Futures Update with Trading Zones & Entry Exit zones

I've been asked to update my view on Crude oil. Crude oil is facing headwinds since past week and awaiting for Curde oil Inventory date to be released which I think will fuel the buying opportunity which should be shortlived as price is really look for stops orders around the areas as I mentioned so an entry around 62.90 area is recommended with stops around 64.55 & target should be atleast 56.50.

One more thing I would like to draw your attention towards which is that if price visit the target first & then approach the supply zone , then I won't recommend taking that trade as I would rather look for new trading level for the entry & exit and will update the blog in the meantime.

Euro Dollar Technical Update l Live Trade Example Video

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Blog Update

Euro Usd Live Trade - Technical Euro with Video analysis posted on May 04 2019

In the video below, I've explained the possible price Action that will move price but In case there is any other price action developing then we must be ready to buy if Price flags the rejection. It completely depends on how price action unfolds in coming session & I would recommend you to stay updated and watch the blog for any opportunity being provided. More of such videos and blog posts will be updated next week.

I have just prepared a video based on recent Price Action of EuroDollar. Price has been rejected comprehenshively from the top & formed a Pa zone below and above . We just want to see how price react to these zones if one of them engulfed on the both side. Wait for the Monday opening and see how price react in European session. Opportunity is on the cards & I would expect a possible failure and engulf below to give the opportunity to built a Diamond to short at very good Risk Reward & If that is the case target would be 1.1120 & it can offer a good Risk Reward of 1:12 atleast. So, watch for Price Action and stay updated at the blog for best trade opportunity (If been provided ).

Promo offer by Extrasum with $150 & Free Pdf files of One Touch Trade

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Here I'm offering you the promo of Extrasum.com where In case you open an account with Extrasum & fund it with $100, then I'll provide you free mentorship of 2 months & pdf files of Touch Trade with step to step guidelines & where to find entries for intraday and 1:10 Risk reward entries.

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(i)You also get $150 Bonus & take profit opportunity with that bonus

(ii) Two months of free mentorship & trade opportunities with proper entry & exit

Take most of the opportunity and hurry as possible as possible as this promo will be valid only till 30th of May 2019 & I'll delete this post.

Click that banner & open an account with broker & complete the verification & get the bonus & mail me at futurefxking@gmail.com with Title Extrasum Promo & I'll send you the files within 24 hours.
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Blog Update

Euro Usd Live Trade - Technical Euro with Video analysis posted on May 04 2019

I have just prepared a video based on recent Price Action of EuroDollar. Price has been rejected comprehenshively from the top & formed a Pa zone below and above . We just want to see how price react to these zones if one of them engulfed on the both side. Wait for the Monday opening and see how price react in European session. Opportunity is on the cards & I would expect a possible failure and engulf below to give the opportunity to built a Diamond to short at very good Risk Reward & If that is the case target would be 1.1120 & it can offer a good Risk Reward of 1:12 atleast. So, watch for Price Action and stay updated at the blog for best trade opportunity (If been provided ).