GBP/NZD – Week 26 – Watching the support area For the next move of this pair we see the price falling to reach the support area marked on the chart at 1,959 if the blue trendline is broken. However, the big trend is to the upside so we advise caution with shorting this pair because there is a reasonable probability for the price to bounce sharply from near support area or even higher and start marching to the upside.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
CFD
GBP/CHF– Week 26 – Incoming down move? This pair is moving in a trading range for the last couple of months. In our last analysis, a few weeks ago, we gave a good probability for a move to the upside that will reach the resistance area once again and it happened. Now, after the resistance was reached on the 24th of June, we had a sharp drop followed by a correction. We give a higher probability for the price to break to the downside. However, before that happens a reasonable scenario is one where the resistance is touched/broken one more time, so be careful and don’t jump into candles if you’re trading this pair.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Gold OANDA:XAUUSD
There are two possibilities
It is the trade goes long due to the 50MA and 200MA Cross over (Or some news)
The trade goes short because it tries to avoid the MA (Or some news)
How ever I made the analysis because its been a while since I did any TA at all
I am not a by any means a professional trader this account is only for my enjoyment. Any trades you take are not my responsibility and yours alone.
DAX ANALYSISDax broke lower edge of wedge pattern
Price is based below key level at 15640
Price is below HVN at level 15580 which indicates that DAX is in distribution phase
Below SMA 100
MACD shows weakness in bullish momentum
It's expected forming bearish wave (c) to target level 15145
Gold long now valid☝️👍Morning traders.
After the big gold drop our 15M strategy has presented a long opportunity on gold this morning.
This means the sell I covered below in a previous idea comes to a close at a whopping 34:1 RR gain!
Entry details are shown on the chart for the new long trade.
This a follow trend strategy with a stop loss set.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
NAS100 Long valid and running ☝️👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
GBP/JPY – Week 24 – Waiting for the breakoutAs we look at the 4h structure for this pair the price action structure is making a bigger consolidation that prepares the next move to the upside. We think the higher probability move for pound yen is to at least break the top. This doesn’t mean that in this consolidation we can’t have a new low, but we think the support at 153.500 should hold and if the down move happens, in this area (support) we should look for reversals.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
GBP/JPY – Week 23 – Is the support going to hold?This pair reached the top (156.100) on the 27th of May and then started correcting. This correction is a higher degree one than those marked with a red channel on the chart. As we can see on the 4h time-frame, the probability is higher for a small continuation to the downside (with or without retracement) until the price reaches the decision zone/support. There we must study the price action to decide if the price continues to the downside or we have reversal at hand. We do not advise buying now if you are trading the small time-frames.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
GBP/CHF – Week 23 – “Eternal” sidewaysOur latest update for this pair was in the middle of May, 4 weeks ago. Since then, the pair moved in the same trading range that was moving back then. Now on the 4h time-frame it is reaching the support area again and we must decide what will happen next. Will it break this range and continue to the downside or go to the resistance area once again? The higher probability move is a continuation to the downside but…. To be continued…
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Anyone else in Netflix sells 😉 🙌Been in this netflix trade a few days now.
Do we think it'll continue down to the TP line?
No one knows that for sure!
Trade details are shown on the chart.
We're only looking for TP3.
It's been close already! But we stick to the back tested proven objective plan.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.