Hey Guys!
So today i decided to test a publishing a video idea. lol
It feels great.
The video is a quick interpretation of what we have already stated on the EURUSD analysis.
PS: Apologies for the sound quality. It was just a test and I created it in a pretty noisy environment.
Feel free to drop your comments and boosts.And if you have a different persepctive on this pair, do well to share and we will be glad to learn together.
So today i decided to test a publishing a video idea. lol
It feels great.
The video is a quick interpretation of what we have already stated on the EURUSD analysis.
PS: Apologies for the sound quality. It was just a test and I created it in a pretty noisy environment.
Feel free to drop your comments and boosts.And if you have a different persepctive on this pair, do well to share and we will be glad to learn together.
Trade attivo:
Hey guys!
It is a new week and we are back to our charts. As seen from our analysis last weeek, we saw a high possibility of the market resuming bearish on the 1 hour chart to alignw ith larget timeframe direction, despite its current bullishness on that timeframe.
We had stated that we would be expecting some support at the marked 1 hour refined zone. We are currently seeing that resistance, or what some would refer to as rejection.
My overall bias is still bearish and i expect the bears to win the tussle. Be that as it may, i will wait for a breach of the 1 hour zone to confirm the bearishness nefore i look to continue trading bearish or adding to my bearish position.
With regards to the trade taken last week, it is stil open. With stop loss moved to break even, we have come completely risk free on that trade. So even if the market were to reverse bullish, which is quite unlikely, we would stand to lsoe nothing.
All eyes on the market guys. Let's sit back and enjoy the ride.
Hey guys!
It is a new week and we are back to our charts. As seen from our analysis last weeek, we saw a high possibility of the market resuming bearish on the 1 hour chart to alignw ith larget timeframe direction, despite its current bullishness on that timeframe.
We had stated that we would be expecting some support at the marked 1 hour refined zone. We are currently seeing that resistance, or what some would refer to as rejection.
My overall bias is still bearish and i expect the bears to win the tussle. Be that as it may, i will wait for a breach of the 1 hour zone to confirm the bearishness nefore i look to continue trading bearish or adding to my bearish position.
With regards to the trade taken last week, it is stil open. With stop loss moved to break even, we have come completely risk free on that trade. So even if the market were to reverse bullish, which is quite unlikely, we would stand to lsoe nothing.
All eyes on the market guys. Let's sit back and enjoy the ride.
Trade chiuso: stop raggiunto:
So finally we have come to the end of this 1 hour bearish trade that was based off the 4-hour bearish swing.
Remember that our trading Bearish was a counter trade in light of the 1 hour. Even though we have been stopped out on this trade, I am sure we have all learned a very important lesson: always listen to the trend and go in its direction. Recall that the 1-hour was screaming bullish while the 4-hour was bearish. The 1-hour chart definitely chose to hold strong and move the market in its direction.
Long story short, we are out of this trade, and the trend is bullish on the 1-hour chart.
So finally we have come to the end of this 1 hour bearish trade that was based off the 4-hour bearish swing.
Remember that our trading Bearish was a counter trade in light of the 1 hour. Even though we have been stopped out on this trade, I am sure we have all learned a very important lesson: always listen to the trend and go in its direction. Recall that the 1-hour was screaming bullish while the 4-hour was bearish. The 1-hour chart definitely chose to hold strong and move the market in its direction.
Long story short, we are out of this trade, and the trend is bullish on the 1-hour chart.
