Usd Bears seems to be returning the market again this weekend l Eyening crucial test of 0.9810 of USD/Chf

Hi Readers,

I hope you guys have heard of stop hunting process and lack of momentum and fundamentals drive the price back to previous broken support resistance area and expect to hunt for stops both up and down. That is exactly the case for USD/chf as I've seen. I am looking to short usd/chf here with stops around 0.9830 to see if there are still some fuel left in the tank to push the price up in the range and take the momentum from there on.

This week is very quite as far as currencies is concerned except pound is getting a strong run in past three days . This could be a relief rally and one should again be ready to see if there are players around to push it again towards the multi-year support around 1.1950. That is way far from where the price is right now. But this is the moment if you want to bag big profits in currency trading. I'll keep you guys updated on gbp/usd next week.

Price in USD/chf is expecting a u turn again around the current levels

Chart explains it all. I often believe that if price is taking out previous strong bases with authority, then It is time to turn the paddles again when price return to the origin of previous. USD/chf is the doing exactly same. WE break below strong support and we clearly sees decision made to move lower but Now there is a need of liquidation of collection of earlier pending orders and we can see stops around 0.9830 and target 0.9710 area once again.

Short term Trade Idea & GUide to Scalping with good Risk Reward

It has been quite a while since I've updated the blog but the situation requires me to wait for war to finish and lot of things happening around like 'Brexit, China-U.S trade war, Euro zone bank decision etc. So, I decided to wait on sidelines after trading usd/chf last week. It was one hell of a trade which fetch very good risk reward and trade was spot on after there was news that turn the market on its heels, when Trump warn China that if there is a deal, then this is the time and again opposing 10% tariff on $300 billion of goods & market react shockingly specially USD bears & crude oil & all other commodities.

That seems to be a order of the day with such rumors coming out of every corner & market react and collapse in one trading session & recovers in other. So, we are now not relying on economies but on one economy and truth is one INdividual .

Lets talk about chart. My chart of the DAy is Aus/Usd

Price has left so many clues around. IT will collapse once again around 0.6870-90 area. I would post chart and video once again when ready and will explain it one by one that why I take decisions based on my values not based on how market react to news. Price will rise and fall and then again rise and rise but we need to look out for areas where we can stop and reverse the trade. I'm a prolific seller & hardly buy in the market except when I'm given an opportunity with low risk swaping zone to buy with a good trend otherwise 90% of the time I'm handling my trading with sell trades.

More on that on coming weeks and months as I'have decided to kick on and start updating the blog on regular basis and look to help everyone the best way I can.

Dollar & Usd/chf approaching Crucial selling Zone Ahead of FOMC meeting on Wednesday

We are waiting for much awaiting FOMC meet tomorrow & people are awaiting the policy changes and Rate Cut But I dont bother such annoucements as markets are already priced in for moves like such big event.

Guess! Who provide liquidity ?

Banks, Hedge fudns & institutions & they already know what lying ahead .

Usd/chf Chart tell us a different story

I would surely look around breach of area. We see there are couple of strong moves on the left & down . Both sides approach is quite panicful with so many things happening around & people are awaiting for price action & FOMC to give market direction to be more precise with easing & Rate cuts in the coming weeks & months . It just could be a start for overall bear market for both stocks & U.S dollar futures.

I'm not a bit too fundamental lover but rather I try to pinpoint such entries which gives you and an edge over different market conditions and that is why I always look for such charts which signals reversals or continuation with small risk. I would soon post my Fxbook link here to tell you the growth rate & formula which I use .

My max number of trade in a quarter is 4 & in a year is 12 & I target anywhere around six times of return on remaining capital.

Calculation of Risk management & Risk to reward

Let's start with a capital of $200 with risk 10 percent & profit six times of risk.

$20 for a target of $120 atleast (Assuming you are risk 10 pips per trade & targeting sixty pips per trade ! Do we need to risk more ! Ask yourself after scroll through the blog for few days )

Now you have $320 total capital

(If you manage to win first trade which I most often do )

Total you have $320 (With max three trades in a quarter ) Now risk 30% to get 180% Let say $100 to get $600

We loss the first one and win the second So total overall we have $320-$100 =$200 +$600=$800 (Now lets trade another one in third quarter with 30% Risk & six time reward)

Total Now we have $240*6=$1500 +$800 ( Captial) = $2300 Do we need to trade in forth quarter ( If yest then Only Risk 20 %) which comes around exactly at $450 & target $2700

If we manage to won that one also then our ending captial would be around $5000 Start with $200 & earn $5000 in one year is amazing performance . Return of over 20 times.

Next year start with $1000 & repeat the process & I can promise you get 30 times return & then so on.....Learn the trick & see where you can reduce the risk & where you have edge on the market. & keep commenting & subscribing for complete free guidance.

Update on 6th August 2019

As I update above, about usd/chf selling, look how price has reacted to the zone of 0.9970 area & fallen more than 300 points in three days. I would keep the blog updated and mean time you keep scrolling & commenting on what you expect of future price action on any pair

In the meantime here is again the chart update of usd/chf

Usd Franc Upate Possibly eyeing 0.9931 source of the origin for the next leg down

Check The Usd/chf chart here

Technical analysis with an edge Trade Idea gbpjpy

I would like to explain this with better explanation with more charts through the weekend to help you understand better the trade idea and stops with potential targets.

Next One

I would like to explain the reason behind the second chart failure to engulf was seen below the source of first engulf and finally when it was engulf it hold on to price and location S/R flip twice & that was good reason to set sell limit around the area of first locationo of S/R flip.

Tricks were played out twice & I would explain the reason behind trapping traders and how to locate these areas with limit orders. Stay tuned for more charts of this type & learn the art not trading.

Why I called forex Liquidators the world's best Trickers

You hear it right !

I use to call Forex liquidate providers the world's best tricker & reason being they always suck orders from market & then give it a go when there are no need to rush & price turns exactly opposite direction when turn comes to safe entries.

Let's speak in Charting language

Will come back to that once orders get picked.

Order did not manage to get excecuted but still I've pending orders at the level which will remain Activate till Monday U.S Session close.

Techncials update of Aud/usd

Take a look at the chart first. Price is reacting to the zone and I would expect that zone will hold as .7089 area is the strongest of support turned resistance and ultimate target will be 120 pips & stops around 30 pips higher.

Trade Well & Best of luck USD bulls.