Monthly Archives

October 2019

Future Outlook For Forex Pairs On The Run Up To BREXIT!

By | Members T

Gooood Morning Afternoon and Evening to you all!

I hope where some of our analysis didn’t come through your robots have come out shining!

Now to put your mind at ease I’m just going to get straight to it!

Gold/XAU

It would be very interesting to see if we get a break and hold above the resistance zone 1511 an ounce to suggest further upside potential of gold! Looking at 1532 an ounce.

Gold Tip: Never forget what makes a market a willing seller and a willing buyer stuff like Gold and Silver very rarely gets used and therefore whatever sits begins to decay with time!

Always be on the look out for jewellery companies that have a ticker on the stock market such as these 4 below that have returned an impressive 500% in the past 5 years!

PC Jeweller Ltd 557.1%

Rajesh Exports 557.43%

Titan Company 101.67%

Vaibhav Global 201.68%

Next up let’s look at the GBPCHF

We were expecting a little push to the upside of supply first before a Freefall to the downside however we got the drop first!

 

 

 

 

 

 

 

How could this trade be taken? Well remember the analysis is on a Daily Timeframe sometimes ( the majority of times ) you have to fine tune your entry on a smaller timeframe such as the H4 just below!

As soon as we got that well protected support zone @1.21746 the market should’ve been sold off!

Tip: Waiting for the break of Support or Resistance can get tedious by Placing Sell limits or Level Alerts giving you precise market entries!

Ok next up we’re looking at the GBPUSD and EURSGD as some very bold moves have developed on these pairs!

GBPUSD Originally confident we were gonna see some bullish momentum from the Green zone to confirm the upward bias however strong fundamental data today suggested otherwise so let’s dive in deeper!

If this Daily Candlestick holds outside of the Ascending Trendline we are looking for bearish momentum towards the 1.20226 region! I don’t believe this will come With ease as we are due a pullback to the original supply zone

Let’s see how far down this news driven event will take the GBPUSD something to keep a mindful eye on!

 

 

 

 

 

 

 

 

Next up is the EURSGD a very expensive asset to trade but nevertheless it’s still tradable!

Originally hedged our bets to go long on this asset for a short period but seeing a lot of bearish sentiment within the market.

I believe it’s correlated with the EURUSD which we are currently short on!

And only makes sense to follow the same direction when trading the EURSGD!

This brings us to the end but I hope you have found this useful especially in terms of looking at precious metals from a different aspect!

If you have enjoyed this article don’t forget to share, like and comment below!

How To Reverse A Losing Trade With This Weird Strategy!

By | Members T

Hellllo to you all!

Now I really wanted to touch upon some VITAL highlights of trading the USTECH! Especially when you need to reverse any losses!

Let’s have a look at the first Scenario!

You’ve done your TDA you’re happy with the general bias.

Daily Timeframe: Satisfies Uptrend✅

H4 Timeframe: Satisfies Uptrend✅

H1 Timeframe: Satisfies Uptrend✅Now we can safely say that the overall bias was up!

Tip: What I tend to do at 14:30 is also look at the FTSE and a few other indices and determine if they have been going up 🗽 or Down 🛬 on a H1 Timeframe,

What this will do is give you some knowledge whether to be long or short at 14:30 🕝

FTSE Today H1 Timeframe

So now the USTECH is having to play catch up with the FTSE trading volume which 7/10 results in a burst in the same direction as the FTSE!

Using this analysis let’s takes SCENARIO 1: THE LOSS 🧸


You can see as price made its way up, it halted and price reversed taken out the lows of your trade and hitting your stop 🛑 (1 candle 🕯 erased)

So what next? Well simple I teach my Traders to handle the loss with zero emotion 🧹 you know the general direction which is up but you had to protect yourself in case you were wrong!

DISCIPLINE AND PATIENCE IS KEY 🔑

So we are now waiting for the breakout ( Yellow Square) out phase! Markets that have a short lived run tends to play tops and bottoms until it decides which direction it wants to head in!

3 Keys 🔑 to look out for is

1. High of the Afternoon
2. Low of the Afternoon
3. Price Sentiment (which direction is price heading)

Once this is decided JUST WAIT 📯until you get the breakout and place your trade!

Watch the full Blitz Breakdown Below! 🎁