Wednesday, September 04, 2019

PRice Action zones in usd/jpy sell stop ordesr around 106.45 l stops around 107.32

Concept of Liquidity with Price Action setups in trading Take a brief look at the chart & set pending orders with stops around 106.82


Hi, Readers ! There is an update to the above Trade usd/jpy which I mentioned yesterday. Take your time in reading and understanding why I decide to give a bit more to my recent trade of Usd/jpy. Its totally advised that You extend your risk based on your account equity & be decisive and flexible to your approach in your trading, otherwise this market can react anytime without any due reason.

I would like to update you on my recent setups of usd/jpy which I update yesterday. I still think the trade is of high probability but as we see immense liquidity in Asian session really give bulls an upper hand but rejection near the area of 106.78 is still quite demanding. Are we still over reacting to the recent rise and falls in japanese pairs. e.g Cad/jpy .

Canadian banks does not change in overall benchmark interest rate of 1.75% which strongly push Canadian dollars to recent lows after we make bundle of pips in our usd/cad pair. Take a look at the Chart here. I am still quite reluctant to what I post but the difference in the approach and setup is quite different from yesterday chart. I'm still looking for complete long term position in usd/jpy.

I would enter one more lot around 106.80 area & then put the stops around 107.32 & look to close first lot around 105.70 & let the rest trail around 106.00 area, & see if price would breach the recent lows of 104.45 & then I would target 102.50 area to close my second position.

Decisive approach in trading is only thing we need to watch out for




You all know, I always try to trade with the edge. So, where do I look for price Action is the nearest support and resistance and the approach and reaction towards those areas. Price has already react a lot to the broken support which in this case must be breached but the last reaction and recent price action of h4 candle which has just closed looking quite reluctant even though push is quite strong from the yesterday's close. If that is the case, then why didn't price manage to breach those levels.


Reason NO. 1 > NFP week. We do see usd/jpy pair react quite volatile to the release of Non-Farm-payroll & tomorrow is the day of NFP & direct relation with usd bond yields usd/jpy reaction to nearest support resistance is quite understandable. But why these areas are so strong that price do scare to react. Reason being Retail traders.

Retail traders put stop orders near those areas and price needs to have enough liquidity to take those orders and react. But even last rejection and order accumulation was quite strong to test the previous swing low which is strong rally and series or rejections tell everyone that there are bundle of stop sell orders just above the recent high and after taking out those sell orders. Price will continue to fall & that is the reason I see those orders around 107.20 area.

Price Action do collect lot of sell-buy orders as marked with blue lines & that is the reason why I always think of the reason behind those moves. Not enough liquidity is the first reason that come to my mind or pending release is the another . Ever Price Action area is a reaction of previous action. IF there is no earlier or clues of reaction price won't move and will going in one side & that is the reason why Forex market is one of the best market based on what you can look to adapt and transform your trading skills and be a professional . This really does not happen in stock market at all. Reason being the closing and opening gaps, overreaction to news & unless you are big Tech giants like Apple or Google. You share price will have an edge as compare to other stocks.

Concept of Trend Trading In Forex

I've put my whole hearted effort in spotting opportunities and present it amongst all my readers. In the below Post I would like to explain you the concept of trend trading and how you can spot opportunities like these. These type of opportunities are very high probability ones and if the below demand buckets are filled these rejection goes right to the next demand or supply level vice-e-versa.



Chart of Aud/cad speaks all in itself. Price got rejected. Either it CP'ed (compressed) to the previous broken support or faking out the demand before hitting supply & then travel right way through that demand for new move.

There are few points I would like to point out here which are

1. Price must have some sort of history prior to testing the broken level

2. Price must have pick all the opposite orders or compressed into the zone.

3. One high probability one is that broken support must have become the base specially if it is a strong one like Drop base drop and no panic buying at support.

4. If all the conditions are met and one is missing then you should look for QM level on smaller time frames and those QM's must become probable FTR. I would explain how to spot these type of opportunities in detail in coming days and weeks.


Stay well, trade well . See you on the other side of NFP release and TRade outcome will be updated on Monday.

Thursday, August 22, 2019

usd cad Price Action . Price is reacting to old supply and demand zones.

Price Action Forex trading

Usd/cad chart posted here. Price action is quite subdued by filling demand buckets and reacting to upper supply zones and then falling very seriously. Previously stated price is tend to resume or are we seeing a big rally to upwards.

My idea is that we should see the approach first to react to 1.3370-80 zone area & then I'll update the post for possible target zone if there is new zone created of demand when it breach the recent high. Then we will possibly see that short term rally is eyeing multi month top & we should only look to trade to long opportunities.

But As I said, Its totally on the approach, when price leave that zone and then reaction to reach to upper supply zone created and that fall is very strong and I would possibly recommend shorting around that zone and then target 1.3210 area with stops around 1.3410 area. Offering very good Risk to Reward opportunity in sight.



Usd/cad supply and demand zones clearly marked on the chart



Update on 03rd September 2019

Look at the Chart Above & below. Aren't they same. IS the price Action clues of rejection from true FTR of the Flag.


There is still room for more rejection & I would surely update the chart in real time, when that opportunity arrives. Stay Short Usd/cad

Is this market really fundamentally driven ?

I've seen market takes turn based on what big players are focusing. Federation and Trump & OPEC, people with big guns turns the market at will. How long is it going to stay or is it going to stay like it is ?

Can we see banks following the market & turning the table with strong rate cuts & Show off their economies the right way. Well ! New zealand bank did exactly the same way and that was the best volatility for New zealand pair and Crude oil inventories as that create panic amongst central banks of global slowdown.

Same can be expected from Bank of Canada.

Market is not expecting any rate cut at this time of the year but this market is full of surprises and this will be the another one and we could usd/cad take lead and rest follows as well. I'll surely keep an eye on that as this for me is the biggest event of the week after what KIwi banks did.

Brexit deal, sterling & trading levels


Brexit deal or NO-deal is currently on the cards sooner or later and that is the reason why sterling is so much range bound ahead of any news coming out of camp & also we see strong movement but in range and as everyone is expecting pound to recover, I don't agree with anyone specifically on the short term, as I see big orders around again at 1.2220 area & I would surely look to ride that area.

Friday, August 16, 2019

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

U.S dollar bulls bears fight might be over

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.

Tuesday, August 13, 2019

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

How to scalp currencies and make a living with day trading

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.

Monday, July 29, 2019

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

How to Trade U.s dollar Future

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


Thursday, July 11, 2019

Technical analysis with an edge Trade Idea gbpjpy

How to trade Forex Price Action

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.

Tuesday, June 25, 2019

OPEC mettings , Trade War & Crude Oil futures

Crude oil futures with Trade war & Opec meetings U.S president Donald Trump & his counterparts from G20 meet today in Japan for having discussions about world growth & other factors influencing the global slowdown. China Trade talks is most focus issue in the talk & if in case Donald Trump does not initiate any improvement talks in future, we will surely see some hurdles in the stock & future market.

Gold futures has already shown the no result of talk in today meeting & hedge funds already showing their safe heaven to put in their money where it belongs to.



I would surely be looking for Curde oil future reactions if there is not enough steps taken towards Iran in the meetings.


Most Aggressive entry would be around 58.70 with stops around 60.40 & First target should be 56.70 & breach their would open the doors for further decline to 53.80 & I would prefer to take my profit around that level.

Definition of Price Action zones in Forex

I would like to be more ellobrate on if I could but keeping things simple and easy is the way to trade Forex or any stock or future market. Trade location, Risk & managing the risk , trailing entry & targets should be define advance to taking a trade. I have done everything to provide every type of help readers need & things won't be much easier than defining the price action zones.

Looking at the clean price action chart is really an art . Specifically when you are looking to reduce the risk and try to locate a trade & for me left shoulders are the best way to keep and eye always specially when it has history.

Traders might ask what to look for an history . History could be lean away zone on weekly chart or area where price has gone too far up or down is the best way to locate a zone on weekly & all my entries are derived from weekly chart or daily chart but no lesser than that. For entry I always look to h4 chart which for me is the best way to maximize your profit .

Chart below is of Chf/jpy which is daily chart & on the left you can see the the price created a zone & then retrace back to the left shoulder and create a price action zone when return to test the high & finally breaching that high. Trade location was just below the test when market turn to test the demand on the left. These are the location I like most because the target was more than 70 pips & stops below was not more than 12 pips.



Monday, June 17, 2019

Forex Technical Analysis & setups for the week starting 17th June 2019

Forex Technical Analysis for dollar

Last week we had good run in Gold and setup was pinpoint around 1320 level and tp was 1348 & that hit in no time. This week we have few setups lined up and one of the best entry point is Aud/nzd which is around 1.0550 with stops around 1.0500 & First Target is 1.740

I'm eyeing big move in Aud/nzd in coming weeks and months . So, I would advise all of you to buy two lots of 0.10 cents with stops around the recent low and psychological level 1.0492

Idea of buying two lots is because we will close one position around recent high which is around 1.0720 level and let the another lot trail around 1.0650 & see if we can reach around 1.0900 level within this week or in the coming weeks or months.

Take a look at the charts of usd/jpy, chf/jpy & Aud/nzd with probabilities or If we can get to the entry point of another pairs within this week.

Usd/cad potential setup awaiting for very good Risk Reward opportunity

If you have been following my blog regularly then you might have known or well aware of Top-down analysis and in case you don't know how to take a trade from weekly to h4, then it is a great example of the potential setup in usd/cad.


As you see the chart about there is a hug sell-off in the area I mark with Red rectangel followed by retest failure and back to demand . I took that trade with 10 pips stop & got 140 plus pips. Same can be said as We see hesitation in reaching that level took 4 months & when price brokeout of that range , we again witness a huge sell.

Potential of that trade is huge as I'm eyeing new lows below the recent swing which is close to 1.3100 area. Set the stops tight and trail the entry with plus 100 & see the levels get broken very quickly. Take a trade around 1.3530 & set the stops around 1.3580-90 level & enjoy the tremendous potential profits which I see is more than a 70% chance of setup end up in profit.

I've also attached USd/jpy chart with the usd/cad chart & potential trade is offering very good reward but it depends on approach completely and if the orders below or above get executed then there are very little chances of sell-off but it still have very good chance of good setup & I would update the chart if I saw any opportunity after FOMC meeting minutes are released on Wednesday.

Monday, June 10, 2019

How to locate good risk Reward opportunities in Forex Trading

Location of trade with Good reward to Risk in Currency Trading

Hi , I am continuing from where I left last month. The point to target now is how to be patience and look for trades and what type of edge you can have and how you can spot good Risk Reward opportunities.

I'm hereby simplyfying the process of locating a trade. Trade locations can be everywhere but you need to look around and see what are the reasons and logic to take the trade if at all it has to rally in the direction of the trade.

Process of eliminating the Risk or getting high probability trades with Good Risk to Reward

I always look around and see the weekly chart once at the end of week to see if there is some synchronization between trade location and what relationship it has on lower time frames & only then I decide to look around in the coming week, when or if price approach that trade location.

Chart below explain why I dont look around too much for help or not concerned at all what happening out between U.S & China. I just pick my chart & try to cut losses as much as I can & take the trade & set the stop and target.



Chart speaks louder than words or mare assumptions. That trade location is not too far away from Eur/usd trade & If that is right then we will probably see 1.1277 hold the downside risk & rally to atleast 1.1488 is possible but we need to see how it is approached as I'm still expecting an upside rally from 1.1290 area before approach to that trade location.

Rest I'll post an update soon, If an when price start rallying again, but there is no risk to downside in Euro is seen this current week or the weeks to come.

Tuesday, June 04, 2019

Euro is aproaching crucial Price Action zone 1.1290 Origin of Down move

Euro Price Action Zone Strategy

Last time, I made a post on euro around 1.1248 area which cap the upside and went to as down as 1.1100 ish area & now as price is lot more bullish but still vulenrable around 1.1270 area & I would keep and eye on how price Approach crucial 1.1290 area as it could be turning point for euro if it breach 1.1290 & 1.1330 area.


Euro dollar Price Action Zone Strategy recommending a turning or reversal

Its not difficult to find turning points in euro at the moment. Falling trendline from the top & resistance 1.1270 capping the upside & a bullish move from here will surely get headwinds around the crucial 1.1290-1324 zone. I would still put my stops around 1.1340 to protect from excessive buying and complete stop hunting before we see any move down towards 1.1070 area.

Friday, May 31, 2019

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

Crude oil futures retracements and correction levels

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.

Thursday, May 30, 2019

Crude oil plunge after break & targeting 53.50 Area

Crude Oil Future Technicals update

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.

Friday, May 24, 2019

Time to Revive the Forex Education Stop hunting process

Forex Price Action with 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.

Thursday, May 16, 2019

Technical Analysis of gbp/aud Level based Trading zones

Price Action Trading Forex strategies
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.


Join here for live Trading sessions :- Promo offer plus Free $150 to Trade

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

Saturday, May 11, 2019

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

Extrasum NO deposit bonus of $150 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.




Also Check it :- Show your trading skills & Earn lifetime Rewards

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.
Check Promos :- Get $150 bonus to trade & withdraw all the profits


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.

Saturday, May 04, 2019

Euro Dollar Technical Update l Live Trade Example Video

Extrasum NO deposit bonus of $150 Hi Readers !

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.


Open Extrasum.com Account by clicking here

(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.


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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


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 ).

Wednesday, May 01, 2019

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

Extrasum NO deposit bonus of $150 Hi Readers !

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.


Open Extrasum.com Account by clicking here

(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.


bonus_account
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.
================================================================================================================

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 ).

Sunday, April 28, 2019

Forex Price Action Trading l How to trade like banks to make a living with Forex

Forex Trading for a living Price Action Strategies

Trading Forex requires you lot of patience & experience & you need to get a start and pipeline to where to start . That is why I build up this blog to help you people to learn and keep earning and make a living by trading Forex. I will keep updating this post till the end of next month rather than making newer posts to help you understand the logic behind the price action trading. Trade with logic and trade those setups which have high success rate. Breakouts & breakaway gaps are good sign of probably trapping traders with weekend price actions and it happens usually on most of the Fridays & with next setup in sight I would post live update on price behavior after any Trading opportunities is sighted or provided

How to Trade Breakout gaps that fits into Context of overall Price Action

Trade forex price Action with logic and build strategies that have good reward & don't require staring at charts for hours. I've here put together a masterpiece of price action where you can mark areas to trade . Take not of few things & first of them is Breakout . Best way to trade successful breakout is breakaway Gap which is shown in the video. After we see a break away gap at the start of the week then only think we need to see if price hold those areas when breach that level again



Reaction after price went again into that zone. Biggest thing to note here is Accumulation after breakout away know as Rally base and then drop & then retrace & consolidation again and sign of panic selling and all you need to do is mark the areas to sell & put the top and set targets. Stay update and subscribe to the channel

Sell of usually have follow through & pending orders hidden at the source of the move

As I told earlier in my post that I often rely on price action techniques to take decisions In this video I've explained the reason and logic behind taking my decisions. We usually have buyers after breakouts but this techniques is often used for stop hunting specially when we have left shoulder just behind the previous price reactions to that levels.

Friday sell of was quite strong and approach to that level was quite imminent after two days of approach & that is why I've posted this chart and video to help you understand the recent price action techniques that have been used for years by institutions and banks They often target areas to take all the orders to fill in their oppossite large set of orders Order flow was very strong that even go beyond the recent low but targets are always set on recent time frame structure low.

Decision Points, location of Price Action and Retest Approach in Forex are very criticial

In the post above , I clearly mentioned how easy it becomes to trade Forex and you can take your decisions based on the location of candles built on volatility days. Gbp/aud was prime example of trade which happened on Friday and you can look or left shoulder approach when it was retested and breakouts as well. It was clear that we are having good R:R in that approach but location of candle was the most important things to keep in mind. That candle was rejected of an important support and Rally base drop of a fakeout was another thing that help me to take that trade.

This chart below is of usd/cad had the same approach, but PA was quite choppy and trade arrives bit later. Trade in GA arrives in the volatility hours of Eu session & that is why I always recommend you to take trade based on their active session but Usd/cad trade breakout happened also in early Eu session , but indecision to take the price further happened hours later in late U.s Session .


I'll prepare another video in this series soon & would post the link with description and detail post based on your approach & made trading look easy.
Stay Tuned for More

Saturday, April 20, 2019

Concept of Random Fakeouts In Forex l Best way to trade with higher Risk Reward

Random Fakeouts to Trade Forex Hi Readers, I hope you like the recent posts and earning opportunities based on the reference to my previous post of usd/jpy. I have close the trade on +120 pips. In this post, I would like to guide you to the advance level which is "Fakeouts" and how to trade fakeouts. This would be a completely game changer for you as this often test patience but it is the best way to trade Currencies, commodities or any Market.

You must be aware of the fact that trading higher times frames or shorter time frames depends on how good you are pointing out opportunities because price is Fractal and orders are random on every time frame.

In coming days or weeks, I would Point out how to trade fakeouts on both higher and lower time frames. Price often provide opportunities or change directions when it leave orders when it left an area (often termed as exhaustion areas) & when it come back it provide with an opportunity to pick pending orders..

Basic concept is that chart speaks itself

Chart below is of Eur/Aud which is good example of how to trade a randomn fakeout. Price provide opportunities when an order is picked on the reverse side as and when price revisit the area and You should be good enough to check where to enter and where to exit & Risk to Reward.


As I have explained above that random fakeouts are good to trade but mostly there are not too many random fakeouts and Smart money or institutional traders plays trick with levels and we should be good enough to sight the levels to trade with edge and this is the first post of the series and I would keep updating you all with the rest of the things you need to be know while trading these type of fakeouts which exists usually on every time frame but we need to trade only with higher probablity and good reward to risk..

Tricks are often played in Forex

Now, lets see how price behave in this pair . Chart posted above is of Cad/chf & I'll post the live trade example once I sight an opportunity in the pair & no matter what happens, trade is on the cards, one way or the other & It playing with patience and looking to take stops hunting both side but finally there would be trade which will give us good enough pips to enjoy our life doing rest of the things & love to trade as well.

Price Action zones Explained with Real time Trade (Update on 24/04/2019)

As I've already explained in the post above the we just need to remain focus on zones and trades opportunities will arrive. You just need to mark zones on every time frame and target the pairs that are trending between zones. Check the chart above and see how price action fake the zones and return to the zones and got rejected immediately and found orders. I'm currently focusing on yet another pair Cad/chf & will update the blog as soon as the opportunity is provided. In the mean time check the chart below and look back on your screens & keep focusing on zones rather than lagging indicators or another mechanical systems that are not even worth trying..



Monday, February 18, 2019

Usd Jpy Technical update Trade Opportunities & FMOC Week

Usdjpy buy opportunities with Federal open market committiee meeting Hi Readers,

It has been quite a slow moving as we just had extended weekend with USD holiday on Monday. Things will turn quite soon as we are approaching for FMOC meet late Wednesday night. No matter what the outlook would be, I would be doing what I've been doing since years & trade Charts only rather than looking for things I can't control.



Usd Technicals update against Japanese Yen


Buy Usd/jpy @ 110.70
Stops @ 109.80
Target 1st @ 112.80
Target second @ 113.48

Friday, February 15, 2019

Trading Signals of gbpjpy & Technical Update

How to trade Forex For a living Hi , Readers

I have spotted few opportunities past week but here I'm posting you the best of the setups. Things you need to look in the chart is that price tried to protect an area for few sessions and try to rally which is market as support market with blue rectangle. When price rally to supply (which will hold the price downwards), and next blue Rectangle in between has act as resistance, where first attempt ( mark as middle blue rectangle), was failed. Now I expect price to move downward towards the next support which is 139.80. So, Trade setup with stops and target is mentioned below




We Will risk 4% of the capital & target 10% Return.


Suppose if you are trading with an account $1000, then risk only $40 & Trading lot will be 0.20 Cents.
Sell gbp/jpy @ 141.40
Stops @ 142.04
Target 1st @ 140.80
Target Second 139.40

Thursday, February 07, 2019

how does the banks and institutions Trade Forex l Crude oil Future Chart

Trade Like professional banks and Institutions Hi Readers,

You all very well aware why this blog was setup i.e to help you understand the market structure and who is dominating the market. Sellers & buyers activity can be tracked on chart and that is without Indicators, Trendlines, Fibonacci or any other mechanical System. I've post couple of crude oil future chart & will soon make a video & post it below description & will guide you how you can trade like pros without putting heavy stops and incurring heavy losses if trade goes wrong.

Crude Oil Futures sold from 55.20


InstaForex

To help you understand better, hereby I'm uploading a crude oil chart & example of the trade I took yesterday & it fetch me nice 10 time rewards with only 20 pips stops.

Saturday, January 26, 2019

Forex Trading Strategies l Forex 200 & other EMA

Tradning EMA with other Indicators as trading Strategy Hi, Readers

I have update you with all the trades I took in the last few weeks and they are really going well and I've almost double my accout in 40 days. You all might have tried so many strategies and would be looking to know the reason behind my success and what strategies I'm using. I won't waste your precious time and would like to tell you that it is not possible to copy trades and learn and have same success that others are having. You need to practice risk management yourself and spend few months of demo and there are results that will shock everyone of you. That tells the truth you that every strategies gives you results whether you are trading 200 Ema, 14 EMA or 4 Ema or any indicator like RSI, MACD, Parabolic SAR .


Main reason behind success and failure in trading is greed and patience. If you patiently work with a strategy and pick couple of pairs then I would try to tell you one strategy that gives you results and that is trading 200 EMA & 14 EMA cross over trading strategy.


Indicators to be used with 200 EMA & 14 EMA


Daily pivot Indicator
Combination of 200 EMA & 14 EMA & 4 EMA apply to close
H1 Timeframe
Rules for Entering a trade with strong risk management.
Trend has to be strong on Hourly and h4 time frame. Both the EMA should be moving in the direction of the trade. Risk per trade should be not more than 2 percent of account Equity & target should be Resistance 2 & Resistance 3 and vice-e-versa for short opportunity

Pick the economic calendar and keep an eye on expected news and if there is high impact news that is due to be release, then wait till the release & get ready afterwards with the signal . All the three EMA 200, 14 & 4 EMA should be above the daily Pivot or below the daily pivot indicator.


Signal should be taken when all the three EMA's move in one direction and Crossover happens to be strong & trade is taken when price test the 14 EMA & EMA 4 should remain below or above the last 4 candles when signal is released. Stop should be support 1st or 40 pips whichever is closer & look to cover at 20 pips. By Covering, I means position should be trailed when the price reached 20 pips or cross 1st Resistance or Support. If a trade is plus 20 and a resistance or support is lying ahead and 4 candles did not manage to cross that area, then you need to close the trade. By trading this way, you won't miss any continuation of trade or start of a trend.


Money management rules are strict & Entry, Exit should be in line as explained above. Check chart below for your help.

Monday, January 21, 2019

Trading opportunity Buy Gbp/Jpy..l Brexit No deal put sentiment bullish for gbp

Risk managemen in forex Hi Readers,

I have provided some excellent trading opportunities last week with good pips and good thing was that it was properly managed . I never risk more than 3 percent of account activity & target is always 2 to 3 times of the risk. Best thing about my trading is that I like to gbp crosses because they usually trend & I to check I would recommend you to go through variious blog posts to check how many times I've posted exact signals of various Gbp Crosses . It is very important to target trending pairs & gbp/aud , gbp/nzd & gbp/jpy are never far away from volitility & that is why I prefer to trade these crosses.

Trade Recommendation


buy gbp/jpy @140.88
stop @140.50
Target 141.0
Trailing the position at +14
Already +70
Targets will be change with price Action. stay tuned for updates..
Target was just 9 pips away ! Closing the trade Now for +83

Forex Trading is not just about getting profit but more about managing your risk


Trading does not only mean getting profit but also you need to be perfect in taking trades as timing and risk management can trun huge losses to minor & little profit to maximize it. I would like to have your thoughts on the trade and in case you have any such query make sure you write them in comment section & In the next few days I would share the simple price action tehniques which will help you avoid sideways trending markets & make maximum of when it trending.

Thursday, January 17, 2019

Gbp/Cad Trade update closed for +190 Pips l Forex technical update

Forex trading without indicators In case you didn't watch my earlier post, I would like you to take a look at it here Gbp/Cad Trade

Trade is closed for + 190 pips
Next trade for line today is Gbp/Aud
buy Gbp/ Aud @ 1.8060
Stop @ 1.7980
Target 1ST 1.8140
Second 2nd 1.8200

Gbp/usd trade update & adding one more lot to existing trade

Chart and blog will be updated later
Entry 1.2833
Stop 1.2765
Target first 1.2910
Target Second 1.2980
Target First met & had to close the position with +77 While trailing the postion after it reached the first target

Target 1st Achieved in Gbpcad l Forex Technicals update

Forex Technicals Free Signals Daily to your inbox First target of Gbp/cad achieved and now I am sitting at breakeven +14 @ 1.7104 & look for next target which is around 1.7210 & in case price retreat from these levels, I would look to close the trade at +14 & look for re-entering opportunities.
Check Entry exit of gbp/cad trade here


In case you want signals direct to your inbox, then open an account with fbs broker by clicking the banner above and take benefit of $50 bonus & make upto 100% in a month, which is minimum as a trade. I would keep providing you signals till you have funds in your account. Please follow risk management techniques regularly and stay tuned to the blog for updates and new trades.

gbp/cad Trading opportunity buy around 1.7090

Forex trading technicals low risk reward opportunities
Buy gbp/Cad around 1.7090
stop around 1.7010
Target 1st 1.7170
Target second 1.7210
Target Third 1.7248
Update of the trade Gbp/Cad
Trade closed for +190 Pips
updred on 18th January 10:A.m UTC

Wednesday, January 16, 2019

Gbp usd GBP Trading opportunities l Are you dwelling too much on Brexit ?

How to trade news in Forex Gbp brexit situations Gbp/usd pair has been looking for directions since last couple of months and any news out of BOE camp really dwell too much on its recent directions but short rallies are short lived and pair is back on the recovery mode for the rest of the trading session and if you look at daily, h4 & hourly chart, this situation persists on every time frame.

For me, pair has gone through its wayward time and looking for much higher levels in coming days or even months.

Looking to short term opportunity to Buy gbpusd

I'm hereby advising a very short term low risk reward trading opportunity. I have too much for this pair to go through headwinds but for me direction on weekly is straight forward and pair has post a low on weekly and daily time frame and now short time frames has to be supportive enough to follow the rallies on higher times frames.

Also Check :- How I manage to grab Bitcoin shorting opportunity to grab 700 Pips

Buy Gbp usd @ 1.2841
Stop @ 1.2820
Target Ist @ 1.2940
Target second 1.2990
I would update the blogpost for a view on longer time frame and would like you to take or grab this low risk reward opportunity.

Sunday, January 06, 2019

usd bears are looking for massive opportunities to short dollar against Euro

Euro is still in quite consolidate mode but it won't be for longer periods . We have witness massive shorting opportunities at the release of non-farm payroll data but Euro somewhat recovers and all other Usd crosses end the day on high . I would bet on Euro as there were strong bear run in the other crosses but Euro has somewhat outperform specially during last week crash of Forex Market which was massive.

Euro long opportunity will be good to test atleast 1.1900 levels in the coming weeks, so not only for position traders but for scalpers its time to keep trailing the stops with a good risk reward opportunity on the cards.

Also Check :- Pdf to my trading strategy









Euro Buy @ 1.1410
Stop @ 1.1320
Target 1st 1.700
Second 1.1900

Keep trailing your positions when price breach 1.1550 levels.

Thursday, December 20, 2018

Bitcoin trading technicals Short term trading opportunities in cryptos

I have never update my blog to advise to trade any crypto specially bitcoin but technical trading providing opportunity in Bitcoin and it could be best trade of the end of 2018 and also going into first quarter of 2019


Trade goes like this

Sell Bitcoin 4300
stop @4470
Target 1st 3700
Second 3400

Stay tuned for updated chart

Thursday, November 15, 2018

Usd shows signs of strength against yen crosses gbp/jpy low risk buy opportunity.


Trade like professionals We have seen yen crosses losses against most crosses on Thursday except against pound but things are expected to change a lot with the target eyeing yen crosses to move higher on Friday. Gbp/jpy lost the most during the Europen session on Thursday & we'll target recovery amid low volitality & trend is bullish on some of the pound crosses against its counterparts.


buy gbp/jpy @ 144.44
Stop 144.10
Target 147.40


Tuesday, October 30, 2018

Forex Price Action means understand the PA & look for risk reward

Crude oil trading

Forex trading is all about limiting the risk & get the best of the trades with a limited opportunity is in sign in a week. But if you target only few pairs & price Action on hourly and below, then probably you are on the right path. Looking too long time frames requires much larger stops, even target is very good and trend is with the entry. But trade like such are quite rare & lot of drawdown is seen on the table if you look to overtrade to compensate for your earlier losses.


Take a look at the chart below. Price has already engulf the earlier flag & now will fake out the support as it has falling short of earlier starting point of decline. PA stands for long opportunity near the level mentioned below. Well worth to take the opportunity with such a small stop & very six times reward. I'll update the blog again once entry is taken & this trade is valid for only 24 hours & let see if we can grab this opportunity tomorrow.

Pending Buy limit of Nzd/usd @0.6333
stop 0.6327
Target 0.6366

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