EURUSD Longterm Bearish, Short Term Bullish

24 Jun

On the larger timeframes of the Monthly, weekly and Daily, we see that this market is in a down swing. But on the 1 hour timeframe, we see that the perspective is Bullish.
This bullishness of the 1 hour is obviously intended to drive prices higher up into the 1 hour reversal zone from where we will expect to see some reversal and a corresponding bearishness.

As at the time of posting this trade analysis, price has gotten into the 1 hour zone. We expected to see a bearish reversal. If that happens, then we will look to trade this setup. If prices go through, then we will consider this setup invalidated, and move on to reanalyse the market and look for the next possible move.

24 Jun

Nota

The 1 hour zone has failed as prices went driving right through it. On the 1 hour, price is now bullish. This bullishness is expected to take the rally higher towards the 4 hour zone above.
We will now look for bullish trade setups as we follow the market towards the 4 hour zone. It is expected that from that zone will come a reversal to resume the bearishness.

25 Jun

Nota

Update on our analysis.
From yesterday, we saw the market show us clearly that it was ready for some short term bullishness off of the 1 hour chart. Today, we seen the 1 hour zoen set-up beautifully. We expect the 1 hour bullishness to drive prices all the way into the daily zone (our refined zone and POI).
From there, we will expect to see some bearish reversal. Where that happens, we will be ready to take the SHORT trades all the way down to the liquidity targets of the Daily and larger timeframe charts.

26 Jun

Nota

Update



From our analysis of yesterday, we have seen price now come into our zone. We are hoping to see some reversal at this point, to give us proof that this pair is ready for the bullish rally and the 1 hour bullish extension.

Where that happens, we will look to jump in on this trade and ride the wave all the way to the top.

26 Jun

Dagangan aktif

We have our trade guys...!

Time to make some money on this pair today... lol

27 Jun

Pesanan dibatalkan

Hey Guys!



GUESS WHAT... ?!? .. lol

We were stopped of our trade on this pair yesterday... lol
Laughing over it right..? Yes you should laugh over it. Because it is JUST ONE LOSS!

Prices went for lower levels, that saw the 4 hour liquidity target tapped. Despite taht down move that sent the 1 hour chart bearish, the 1 hour has again turned bullish today.
I am careful trading that bullishness at the moment. I will wait to see some more bullish confirmation before i look to get in.

What is more likely is that the market will take another dip to close below the 4 huor liquidity target and send the 1 hour charts going bearish.

This is one of those periods where we practice one of the most needed skills in forex and financial market trading, and it is called PATIENCE...

Catch you at the top guys!

1 Jul

Dagangan aktif

We caught the big fish guys...!

8 Jul

Nota

Almost a week after and we are still printing money on this pair



The market has continued to progress in our direction. We are still in on this trade and holding on to our position.

We look to see higher prices.
I will say that this market is actually over bought and we should expect to see reversals soon. But until then, we will hold on to our bullish position and look to increase our profit on this trade