Monday, February 29, 2016

Forex Trading Strategies l Forex Trading Strategies that works

Forex Trading strategies that works in any market depends on the where market left and where it starts the next session within the same location or if market is moving in a particular session and consolidate in the next sessions then we should wait for the most active moving session to start and look to see where market starts and how market behaves when data arrives and the overall trend is also important.

There are some  secrets that works in Forex markets only because law of accumulation and supply and demand only works in Forex market and we do have lot of strategies that works so please keep tuning in from time to time what we offers in our next video.



Forex Trading Strategies l Forex Trading Strategies that works

Forex Trading strategies that works in any market depends on the where market left and where it starts the next session within the same location or if market is moving in a particular session and consolidate in the next sessions then we should wait for the most active moving session to start and look to see where market starts and how market behaves when data arrives and the overall trend is also important. 

There are some  secrets that works in Forex markets only because law of accumulation and supply and demand only works in Forex market and we do have lot of strategies that works so please keep tuning in from time to time what we offers in our next video.


Forex Trading Strategies l Concept of law and demand in Forex

Saturday, February 27, 2016

Law of consumed supply and demand and Recent Trade Alerts

What is consumed supply and demand levels

Hi blog readers, Those who follow my blog regularly might have understand the concept already as I have explained it several times in my blog posts about that concept but If you still have not managed to understand it properly, then I am again putting all the puzzles of pieces again to make it work and understand by you again.

Recent S&P long Entry in S&p Tells a story about consumed supply

Those who did not read my last post where I spotted 5% moves with almost no risk and that also in two trading session must look at this post here S&P Trade And law of consumed supply levels



I watched that trade entry every day in last 10 days but it was quite hard time waiting for a single entry but when it triggered I made up mind to let that run through all the recent barriers because Strong money always eye a particular area where Supply and demand finds equlibrium and imbalance was created.

There is no hiding the fact that Its "Imbalance that always creates trends", by imbalance I means to say where buyers and sellers both want to dominate and one winner drive the price way out of reach for others and other side of the traders have to cover quickly and sit on sidelines and watch price moves against their expected direction.

Wednesday, February 24, 2016

Understanding the Price Structure and Measure Moves in Trading

Price Structure understanding and Measured moves

Hi Traders, As Promised I have again come up with further advance level of education in which I can describe the whole concept of Measure Moves which means while looking for trend entry in pullback or retracement you need to understand the whole concept and strength of recent move. Possible scalping opportunity is never far away from you but still low risk swing trade at Swing Level can proove very wealthy if You are able to read the whole structure of the price movement

How I manage to Read recent Measured Move In S&P


This video is self-explanatory in itself and Where traders have no expectation of reversing, market took a turn and never look back, high wicks at the start of session on bullish was consuming the supply and sell orders which retail traders have put when they look for pullback entry in the strong down trend and they were all caught up after and had to cover quickly.

WTI Crude Oil Chart and Technical Analysis Fxconfidence

Hi, Readers

Its quite a while since I have updated blog with the technical after I took my half of profit of my trade usd/jpy past Monday, But that was a risky choice as we were in the strong downtrend but Intraday less opportunity to pick up reversal can offer splendid opportunity once it really hit the trigger.

In my recent Post, I am about to post charts of Pound and Crude where I have mentioned How to read a price chart with session by session activity and serious participation of strong holders can easily be spotted out at the start of session or at the end of most active session through the day.

Take a look at pound Chart












Amount of time i spend in trading supply and demand and reading session activity fits exactly to that trade when We have such Neutral activity happen through a session starts to next day session, then the next move is should be watched with absolute care and timing to pull the trigger should be at the exact time and stops and targets should always be decided.

Technical pick of the Week Crude Shorts




 




These two trade went according to plan and timing and selection of trading pairs was just excellent. Later during the day I would post how to find Imbalance on daily charts and How working against support and resistance can do wonders for you and You just need to remain focus with recent Gbp/Usd crashes from the open is excellent example of why I am not a very big fan of support and resistance while looking for big profits and excellent risk rewards 

Sunday, February 21, 2016

Technical Analysis of Usd/jpy Scalping Opportunities

Here lies the opportunity to scalp usd/jpy For Intraday scalpers

Buy Usd/jpy 112.80 Stops to be placed around 112.35

1st Target 113.40
TP 1 Hit Closing the half and rest at breakeven 112.80
2nd Target  113.70

Take a look at the daily chart
Forex intraday technicals, buying usd/jpy with targets and stops











TP 1 hit 113.40

Thursday, February 18, 2016

Market Hotspots are the areas where you need to react

Market Hotspots Strong entry points

In this article, I will cover every aspect where You can have some clues where Market has to react or looking to react and that is indeed is very crucial point where You need to have conscious approach and I will cover couple of chart with recent trend in Eur/usd and Possible entry coming in Crude Oil which can prove very profitable, If it reacts from here very violently.

Strong Areas of Accumulation after false break



I will cover the chart and rest of few charts that I have during weekend and possibly tell why Support and resistance self trading prophecy is so dangerous and we need to get out of that self proclaimed success system, recommend by Gurus over decades which is the worst every trading approach a trader can apply to its trading system.

Wednesday, February 17, 2016

Curde Oil Accumulation hints before data hits the market

I will update the text later

Taking profits on my crude oil longs enter in the direction of the trend yesterday.

Enjoy the chart and don't forget to check back later as I have decided to prepare a video on this soft accumulation process before market awaits data and take profit earlier but how they accumulate their position to get best price to enter is all covered in this short video.


Tuesday, February 16, 2016

Only time tell us whether there is demand or supply on approach

Enuglfing price action reaction to demand or supply

Hi, It has been series of question being put about why I sold eur/usd, after in such a strong trend, then the answer is fakeout of supply and that supply was seriously strong, while we see price hold too long from second decision, there was probability that second decision will bring some chopiness as well, Its not necessary but approach to supply was quite shaky or in supply and demand words it was compressed and now it is back to the earlier decision and it is necessary for bulls to remain in control or if it is engulfed we will see what happens on approach to and my answers is short it again then


Price chart is all about decision to decision


Price is all about one decision to another decision, Price does not change hands from buyers to sellers without decisions because it could not be possible for the others to see whether distribution has taken place, and accumulation prior to distribution is one strong example of price will lean away from zone or supply .

Only approach to supply or demand tell us what is holding

Euro Chart below tell if you see the left side to start with where we see strong levels protected before we see price flip from a S/R zone and given way to new strong rally and another decision was made just above the strong support zone before price finds support again and saw strong buy orders there and price went in to consolidation zone again and last week we see engulf of first decision before a new low was made.

If you still need explanation why price move away strongly after it touched the second decision, then You should go back and explore the blog for few weeks and find your answer. Price back to decision of breaking the supply and If we got something substantial then it would confirm the direction of euro in coming weeks probably by approach to supply or decision to engulf again.

Make things simpler in Trading

Its upto every trader, that whether he make predetermined trading moves, or look for approach and find out areas where market has behaved whether it is about scalping or whether it is on higher time frames looking for position trade.

By now you should have at least a basic understanding of how support and resistance works in the markets. It's always important to visualize support and resistance as an imbalance between supply and demand forces where demand creates support when traders show willingness to buy or readjust their expectations and start to buy at higher prices. But a weak demand also contributes to create resistance when traders disagree in buying at higher prices.

Monday, February 15, 2016

Euro Japanese yen Technical update Looking to target 128.40 area

Euro trade proved very profitable which I close around 1.1185, face a decent retreat from these levels and post a daily low 1.1129 .

Now I have seen the Eur/jpy chart around the levels of 127.60-70 area and seems these levels have decent buying bids into close, though U.S market are bit slow due to holiday but I would surely look to remain buying with stops around 127.35 area and targeting 128.30-40

Let's have a look at the chart 

Eurojpy Intraday Trading

Euro Update Picking Up profits around 1.1190 Levels

Euro Intraday Targets reached First of all look at my post here, which I posted on Friday Euro Shorts

I recommend shorts on Euro around 1.1257 closing levels on Friday close and put stops around 1.1275 levels and Now I am about to close my shorts around 1.1185 levels and recommend to remain on sidelines till the new opportunity arrives ahead of new session starts.

+70 Pips to start the week

Sunday, February 14, 2016

Gbp/Usd Technical update. Waiting for Sterling stop bids around 1.4571

Gbp/usd Technical update stops bids

Hi, Traders Welcome to blog again, As I have start to update the technical portion on daily basis or when opportunity arrives as a rountine, I am here again to post few technical updates and start with Gbp/usd, Gbp/jpy and Eur/jpy.

First of all I always focused on what traders or smart money attempts at the start and the close of session and lined up pair for the next day as moves between supply and demand or say stops and hunting, because only time tell us whether there is demand or supply or even if there are failed attempts during a session, I don't take any trade as I start lined up the behavior after such failed attempts.

Pound is in consolidation pattern since last few days as it moves just above support and looking for direction so in such attempts we can find areas of rejection or false breakout just above the level if we see enough buckets of selling and buying bids were carry forward to hunt the stops and In such case I always look to sell the rally specially after day session close.

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Trader's mindset can be its worst enemy


Trader's predetermined mindset after seeing the candles patterns is its worst enemy specially when we find such pattern occurs at strong support and resistance, but what are the probabilities that such pattern will give away to reversal or new trend or even end of retracement or correcetion.

How much success does trading candles only with patterns brings and If there is so much success ratio, then How many trader's does really make a living or substantial profit out of those patterns. There might be few who might have been very strong in risk management or control or manage there trades well or does apply some filters and come up with a powerful strategy to consistently grow their account but It does take lot of years to be able to adapt to any strategy, that is why I always try to trade logics not the possibilities which I think is quite similar to gambling and probability of success and failure is not more than 10-15%.

Chart of gbp/usd have different answers for me


There are bundle of stop bids around 1.4570-80 area and If you could see consolidation attempts to run this stops today we could see a massive selling around 1.4571-90 levels soon.

Saturday, February 13, 2016

Euro Dollar Weekly Update Possible low risk reward short entry

Euro Dollar short setup

Hi, Traders Its been a fresh start of the year as trends glooms But we saw few reversals on Friday which is a good sign as there is some nice recovery seen in Crude Prices, But I not still in favor of Crude prices blown up by demand or it is just short covering ahead of big key events next week which are to be scheduled.

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Euro Dollar Update Chart


I would still like to short euro for price last demand level from 1.1183 and put the stops just ahead of Friday Session high's around 1.1275 level and pick the first profit and remain on sidelines till first level is achieved and till the U.S close on Monday.

How to spot trend reversals In strong trends

How to spot early trend reversals in forex Hi, Traders

In my last post I post the how to spot trend reversals with basic demand and supply rules and In this post I will mention How to spot trend reversals with mechanical use of trendlne, chart patters and it is the best and easiest way to spot strong reversals specially when price goes up and down with a series of high and lows.

Trading reversals is made up of two-parts, one of them is emotional and other part logical. Logical part is one which is answered quickly that If risk is really worth it, specially when reward to risk is high enough that one is forced to take that risk and the emotional part is that the trader’s ego loves to call the top or bottom. The error with this emotional approach is that often, if the facts go against ones beliefs, then so much for the facts meaning that in order to protect beliefs that a top or bottom is in play, a trader will often push ahead trying to prove their theory correct.

Let's get the answer with an example

Best way to spot when a trend is about to reverse

Chart below is the cross gbp/jpy, which is in strong down trend and it is easier to spot a correction is in play when you see a series of high's and lows which can truly give an explanation that first clue of reversals will be trade with strong cash inflow in the larger to medium term downtrend.

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For me, Its always about keeping the simple and one that offers good reward to risk and which has strong logic of trading reversals. The logical part is that risk-reward is so favorable when trying to catch or trade a key turn. You often have heard how important risk to reward is to a trader’s ability to survive and thrive in their trading. Unfortunately, it’s easy to use Risk: Reward as an excuse for the emotional pull to attempt to buy the bottom or sell the top but what about the reversals offers few clues and has some strength going ahead, this approach should either be avoided or traded carefully in a manner that will be soon explained.

Friday, February 12, 2016

Price Action Supply and Demand How to Mark demand zones

How Marking correct supply and demand zones change the way you trade Hi, Traders Trading week is about to end and by far the most volatile week I have seen in past few years with stocks and Indices Futures tumbles most since the 2009 for few countries. This is not going to end anytime soon, so prepare yourself with the more to come and use tight stop loss because price rally off without correcting too much and that is why Marking Correct supply and demand zones really help.

Why I emphasis lot of marking zones, because this is a technique that professionals use to panic traders and run after their stops, specially day traders and scalpers. Rallies which engulfs the previous false break zones and traders expect another false breakouts, which never arrive the usual way as it should be as there is often hurdle that joins the party and If there is profit taking price usually take a reverse path and hence we caught in the zone of trading false breakouts.

How To Mark correct supply demand Zones


yesterday price action was key for me as we see Euro rally quite sharply this week as it is completely negatively synchronized with Usd/jpy and sharp sell-off in usd/jpy really puts bulls on tops of their game and they buy everything but usually there is profit-taking and test of demand and supply zones if there are unfilled orders left in the market and this technique is used more often than not to run after stops or punch in some new cash to build and gain more profits.

Monday, February 08, 2016

Technical Analysis of Eur/usd for the day 09-Feb -2016

Euro dollar Technical Analysis based on Candles and Support and Resistance

Hi Readers, Starting from Today I would regularly update the blog with the possible ideas whenever an opportunity is available at the end of U.S session. My analysis are purely based on supply and demand and I will cover Eur/usd, Gbp/usd and Usd/Cad, Gold and Crude.
My technical updates will valid when European session begin till the end of London and will update when to cover and when to trail.

Eur/usd Technical Analysis based on Supply and Demand and Price Action


Idea is we have strong reversals coming from the low at the start of U.S session but If there is panic in buyers they will probably test the highs with full volume and If there strong money involved there would cash Inflow at the start of most active session and Price will get rejected from 1.1245 area again and we will put stops few pips above the rejection and look to target today's low which is around 1.1090 area.

Saturday, February 06, 2016

Why I like to trade parameters Not Reports

NFP reports and trading parameters

Hi, traders
Its quite a while since I have posted my trade idea or put a step forward in learning process, but all in while I was quite busy mailing replies with whatever 2-3 hours I give to trading and look after for trade Ideas for my own personal motives.

However, It was quite a volatile week for Usd/Cad and also for Crude Oil, which I thinks pushing panic buttons among traders to rush for their own trades and close it too early or too late, But it is the truth of global market, that whatever happens there is always a risk that carries the trend and reverse them on larger scale.
Let's take a look at few of the pairs that Offers unique trading opportunities in next week for scalping or even for swing trading point of view.

Whether, it is Jpy Sunami which weaken the yen most in two decades, Chinese Growth and Aussie Mines which weaken the Gold most in two decades, Or Now Curde-Oil which weakens the Canadian dollar to significantly and Volatile one and that is why I look for trades in most volatile pair and One I took on usd/cad on Friday from 1.3840 level and still holding and looking for much more in the days to come .

Download My Favorite Trading Strategies here

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As I continue to speak off and wind off the weak and I would like to tell that further weakness in crude will put tremendous pressure on world and global equities, as cheap oil won't put a lot of faith in stocks holders that Economies like Canada and America would be able to survive and this panic will surely put pressure on Fed and other banks to put pressure on OPEC to cut supplies for further rise in price and supply cut would surely put pressure on crude as well and it all depends on type of situation we are in, as I am never in favor of supply cut as there are other suppliers like Iran inching towards their part of supplies in world oil Market.

Pressure on Crude Introduce Fresh long in Usd/Cad Positions

As I mentioned in the post above that I trade after quite a while and My position trade in Usd/Cad is still waiting for new cash flow in the markets when the market opens and I am expecting a move in London opening or U.S opening as I hardly sees price moves in Asian open as they are quite happy with cheaper crude as Japan and India will enjoy as their Inflation eases down which is seen due to Japanese yen strength.

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