bears

Whats your new year resolution?

Whats your new year resolution?

Whats Your New Year Resolution? Christmas and the New year is coming! A holiday period and a joyous season. But its time to do something for yourself. A NEW YEAR RESOLUTION! When was the last time you had set a New Year Resolution?And most importantly. Did you fulfilled it? High chance the answer was a […]

Forex trading strategies : Confluence

Forex trading strategies : Confluence

Forex trading pair : usd cad This is the 4 hour time frame, as we can see in the chart – there is a highlighted box and a highlighted oval shape. The highlighted box represents the consolidation the market is in. If you have been following my blog, you would know that this is where […]

follow up to previous post – nzd usd 30/06

follow up to previous post – nzd usd 30/06

Forex trading strategies : nzd usd h4 Pls read the previous post before reading this. No price action is form at the “?” area on the previous post. Which also might means that the trend is changing. In a ranging market like the highlighted box area. We have 2 methods of playing it. 1) We […]

Almost Perfect trade 23/06

Almost Perfect trade 23/06

Forex trading pair: usd jpy h4 Trades like this are almost perfect. we should never miss them. Nice Pin bar with good opening and close. Nose protruding off surrounding prices. Confluence of: Pin bar bounces off the 150ema, Fibonacci level , 61.8 and the 50% Price pivot area Entered on the break of the pin […]

Confluence and Reasons to enter 22/06

Confluence and Reasons to enter 22/06

A member in our private group pointed out this. Pin bar at the gbp usd h4 Reasons 1) to enter – Nice pin bar with a nice long nose, both eye at an equal level. Protruding off the rest of the bars. Reason 2) – Pin bar at a swing high Reason 3) – Bouncing […]

Breakout trade 21/06

Breakout trade 21/06

Forex trading pair: usd cad h4 Breakout trades are what long time forex traders use only. They alone can be used for a living in forex. Lets see the one here at usd cad h4. Long consolidation as highlighted in the box. Entered on the sell trade as seen. Lets see what happens.