GBPUSD Breaks Out At Last – 28th Aug 2015

GBPUSD Breaks Out At Last - 28th Aug 2015
GBPUSD Analysis for the week ending 28.08.15 If you trade GBPUSD quite often, then you know it has been bonkers for the past few months. But price pierced through the ‘Daily trendline support’ on the 26th as the pair have been heavily bearish throughout the week. This could be a bearish corrective wave, nevertheless price seem ...

See Why Markets Favor Scalpers These Days

See Why Markets Favor Scalpers These Days
If you have been actively trading this past couple of months, given the type of your strategy you would have either loved or hated the dynamics of the markets. While every trader needs volatility to trade, the predictability and the smoothness of the swings have gone out of the window, for almost every major forex ...

Possible Long Trade Setup on the AUDUSD – Bullish Deep Crab on Daily TF

Possible Long Trade Setup on the AUDUSD - Bullish Deep Crab on Daily TF

AUDUSD Short Trade Setup – 28 Jul, 2015

AUDUSD Short Trade Setup - 28 Jul, 2015
AUDUSD short set up with a simple trendline breakout on hourly in harmony with the bearish trend on all the higher timeframes. Zooming in on a trade from the highest timeframe to the tradable hourly or H4 timeframe for a precise entry is one of the most difficult tasks when it comes to trading. But ...

Bearish Gartley and Bearish Deep Crab Overlap Trade – EURUSD H1 – 23rd July 2015

Bearish Gartley and Bearish Deep Crab Overlap Trade - EURUSD H1 - 23rd July 2015
Bearish Gartley and Bearish Deep Crab overlapped nicely to create a common D point just moments ago. I too got into a short trade on a retracement to the D point. Bear in mind I took a short trade on what seems to be a bullish market on the EURUSD. As I was building my case ...

EURUSD 29th June 2015 Monday Gap Analysis

EURUSD 29th June 2015 Monday Gap Analysis
  Here is the thought process and the theory behind this EURUSD Monday-gap analysis – Supply, Demand, Price and Speculation. Did the market close the opening gap through the course of Monday or the week. I would say no, the market maintained the gap through the course of Monday and the whole week. Orders were processed ...

USDCAD Bearish Shark Short Trade – 30th June 2015

USDCAD Bearish Shark Short Trade - 30th June 2015
A bearish Shark pattern has been completed on USDCAD 4H timeframe. Shark is one of the most probable patterns as the completion D point naturally falls at a significant level. In this case D point is the 3rd retest of the 1.25620 level. The beauty is that even if price fails to reach the level and falls ...

CADJPY Trade Idea At a Key Confluence Zone – 29th Jun to 4 Jul 2015

CADJPY Trade Idea At a Key Confluence Zone - 29th Jun to 4 Jul 2015
CADJPY price is currently in a high-confluence reversal zone. There are several factors to suggest that we may expect a reversal of the current bullish trend. Here’s the top-down analysis. Weekly Chart Overall weekly trend is bullish. In the context of higher timeframes, price has moved only sideways in a rangebound market since 2013 (range zone marked ...

GBPUSD Chart Analysis – June 22nd to 26th 2015

GBPUSD Chart Analysis - June 22nd to 26th 2015
  GBPUSD has been in a strong uptrend for the whole of June right from the start of the month. On hindsight the previous downtrend had retracements back and forth towards key fibonacci levels. Not that we could have traded them, because the fibonacci levels within a trend could be seen only after the trend is ...