BREADCRUMBS In The Forex Market? WMP 5/21 - 5/25
Published: 2018-05-21
Status:
Available
|
Analyzed
Published: 2018-05-21
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Euro Dollar to push back up into 1.19 to find an entry for trend continuation downwards.
"this market possibly pushes back up into 1.19 in that region is where we get some type of entry region on a lower timeframe to push the market down in trend continuation"
Pending
Euro Dollar pulled back into 1.195 after breaking major structure and then continued its downtrend to new lows.
"we ended up getting this pullback after the market broke below our major level of structure this pullback came up into around one point one nine five in that area put in some wicks to the high side and has since rolled over creating trend continuation breaking into new lows"
Pending
Euro Dollar might see a pause at a support level with a potential bounce back up to previous resistance, possibly reaching 1.178.
"we do believe that we could see a nice pause in this level maybe a push back up to our previous resistance level again look right here at the hint the markets giving us it's giving us a hint that if we get a pullback into this area it's an accurate place to look for possible trend continuation so possibly getting a bounce from one point one seven to eight is not out of the question"
Pending
A more accurate trading opportunity on Euro Dollar is expected if it pulls back to the 1.185 zone for trend continuation.
"the more accurate trade for this week is if we get a pullback bounce off this level of structure the pullback comes into the one point one eight five zone in this zone will be a nice level for us to look for possible trend continuation here at the trading channel out of the euro dollar"
Pending
Dollar Yen trend continuation is expected if it breaks above current resistance, with a pullback to 111 being a good entry for a long position.
"if we get above this level then a nice level to look for trend continuation out of the dollar yen for us here at the trading channel is going to be a pullback in to 111 that'll be a nice area to look and get a possible long entry again inte R in continuation based on this higher timeframe here on the daily chart"
Pending
A pullback to the previous resistance level around 110.2 on the Dollar Yen presents a trading opportunity, as this level has acted as both resistance and support in the past.
"we could see a possible pull back into our previous resistance level as well which is gonna be another nice place to look for a trading opportunity considering that resistance level around one ten point two has lined up with the resistance previously in the past along with support in the past as well"
Pending
On Dollar Swiss, traders will wait for a pullback to 0.99500 or a break through the current level before looking for trend continuation up to 1.1. A counter-trend trade from the current level is also a possibility.
"we'll wait to see if this market either pulls back or breaks through this level before we start looking for trend continuation up to our next structure level around one point one here on the dollar Swiss and that's what we're gonna be looking for this week on this pair possible pull back into 0.99 500 or possible counter trend trade from where we are currently"
Pending
Traders will consider opportunities on Dollar Swiss based on a retest of the 0.99500 level, possibly forming a double bottom, or if specific EAP training program entries occur.
"we will be considering trading opportunities based on that or if we get any type of EAP training program entry so next up we will take a look at the pound dollar which seems to be breaking into new lows this is a good sign for us"
Pending
If Pound Dollar closes below its current lows, a pullback into the 1.35 zone is expected for trend continuation.
"if we end up closing down here which we are far away from but if the market can close below these lows than the hint that the markets left behind is contained in the wicks and bodies of these previous candles so what we'll be looking for is a pullback into the square I'm drawing in here if we get a close down here we can look for this pullback and trend continuation out of the pound dollar based on a pull back into the 1.35 zone in that little box we just drew"
Pending
If Pound Dollar continues to push down without a pullback, opportunities for breakout or pullback trades on lower timeframes are expected, targeting the 1.33200 level.
"if this pair continues to push down instead of giving us any kind of pullback we can actually look for trading opportunities on lower timeframes in way of breakout trades or some kind of pullback trades on lower timeframes all the way down to the 1.33 200 level that's what we'll be looking for here at the trading channel"
Pending
The 1.33200 level on Pound Dollar could present opportunities for counter-trend bounces.
"and if we get down to that level it's a nice place for possible counter trend bounces here out of the pound dollar"
Pending
Shorting opportunities with trend continuation are possible on Aussie Dollar if it reaches the resistance level around 0.755.
"the only way we will be looking for opportunities on this pair is if this market gets all the way back up to this resistance level around 0.75 5 that's an area that we can take a look at for possible shorting opportunities in train continuation out of this pair"
Pending
Long opportunities are available on Aussie Dollar if it returns to the previous support level around 0.745, within the consolidation range between 0.755 and 0.74.
"and if we get back down to this previous support level around 0.7 4 5 that's also an area we can take a look at for possible long opportunities while we're in this period of consolidation here on the Aussie dollar between the zero point seven five five and zero point seven four areas"
Pending
A new EAP training program, offering a step-by-step process to create a trading plan with a tested strategy, is planned for release in the next couple of weeks.
"we are currently working on a brand new EAP training program some brand new course material that's gonna give you a step-by-step process to creating a full trading plan around a tested strategy that I use in my own personal trading so that's going to be some pretty cool content you can find a link in the description to learn more about that new content and to get involved and to get notified when that program is released we're planning on releasing that in the next couple of weeks"
Pending