Thursday, December 20, 2018

Bitcoin trading technicals Short term trading opportunities in cryptos

I have never update my blog to advise to trade any crypto specially bitcoin but technical trading providing opportunity in Bitcoin and it could be best trade of the end of 2018 and also going into first quarter of 2019


Trade goes like this

Sell Bitcoin 4300
stop @4470
Target 1st 3700
Second 3400

Stay tuned for updated chart

Thursday, November 15, 2018

Usd shows signs of strength against yen crosses gbp/jpy low risk buy opportunity.


Trade like professionals We have seen yen crosses losses against most crosses on Thursday except against pound but things are expected to change a lot with the target eyeing yen crosses to move higher on Friday. Gbp/jpy lost the most during the Europen session on Thursday & we'll target recovery amid low volitality & trend is bullish on some of the pound crosses against its counterparts.


buy gbp/jpy @ 144.44
Stop 144.10
Target 147.40


Tuesday, October 30, 2018

Forex Price Action means understand the PA & look for risk reward

Crude oil trading

Forex trading is all about limiting the risk & get the best of the trades with a limited opportunity is in sign in a week. But if you target only few pairs & price Action on hourly and below, then probably you are on the right path. Looking too long time frames requires much larger stops, even target is very good and trend is with the entry. But trade like such are quite rare & lot of drawdown is seen on the table if you look to overtrade to compensate for your earlier losses.


Take a look at the chart below. Price has already engulf the earlier flag & now will fake out the support as it has falling short of earlier starting point of decline. PA stands for long opportunity near the level mentioned below. Well worth to take the opportunity with such a small stop & very six times reward. I'll update the blog again once entry is taken & this trade is valid for only 24 hours & let see if we can grab this opportunity tomorrow.

Pending Buy limit of Nzd/usd @0.6333
stop 0.6327
Target 0.6366

Wednesday, October 17, 2018

Buy crude oil Futures ||Trade crude furures for a living

Crude oil trading I'll update the text later
Buy crude oil @71.50
stop 70.85
Target 1st 73.45
second 75.20

Sunday, October 14, 2018

Trading oppprtunity Low Risk Reward|| Buy Euro dollar

Buy euro usd Euro is looking very strong against all its counterparts but crude oil supply and tension between USA & Iran is creating panic amongst traders worldwide. I expect dollar will feel pressure no matter what the outcome will be.Buying euro against dollar is very low and high risk trading opportunity. Follow the entry exit and trade this rally with caution

Buy Euro 1.1555
Stop 1.1450
Target first 1.1880
Target second 1.1950
Do remember to trail the position once 1.1600 is breached on daily closing basis.

Tuesday, July 31, 2018

Forex Trading with Risk Reward & Low risk pullback entries

How to trade Pullback in Forex

Trading Forex is all about sighting opportunities & wait till we saw trend resumes and always consider whats happening on bigger time frames like weekly & Daily. Although, to make up for risk reward opportunities we should look at daily & h4 time frames and that is how we can make most of the trades by placing our stops and profit targets based on next important levels


USd/jpy is looking all set for breaking highs

Its almost two years since we saw any trend in usd/jpy as there were supports and resistances looking for hunting stops but now as far as opportunity is concerned, one is waiting to be taken. My entry and target for usd/jpy would be as follows.


Entry 111.81
Stop 110.90
First Target would 119.00
Once the target has bee reached we would look to add more at pullbacks and see the strength of trend and trail the profit and maximizing the profits with higher lots.

Thursday, May 24, 2018

Gold Futures Pending Sell limit 1315.40 Stops around 1321

Trade Gold Futures Gold Futures has been rising quitely from the bottom but bears are still looking to attack 1250 area ahead of 1310 area which is a good location to short.

As you look at the chart there is strong Rally Base drop and if you look past history you probably will find clues of the distinct price location where price change direction several times and this time this is going to be strong enough to rally ahead of the weekend.
Stops should be tight and as adviced.
Sell limit around 1315.40
Stops around 1321
Target 1st recent lows around 1273
Target second 1253

Thursday, May 10, 2018

Usdcad pending sell around 1.2910 Technical Analysis

Forex Price Action Supply and demand Analysis Price has managed to breach the crucial demand level 1.2810. We can see retest with compression on h4 time frames,but I am somewhat sure that target is not yet reached.
We should watch & wait a retest of the level 1.2915.
Take a look at the chart of USD/CAD below.

So, Trade entry would go this way.
Usd/cad pending sell stop around 1.2915
Stops @ 1.2936
Target 1st 1.2710
Second 1.2630
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Update of the Trade on 17th May 2018
Trade closed all the orders around 1.2740
+170
Note :-Weekend trading are not preferred

Loonie Chart for the reference

Friday, March 30, 2018

Price Action zones trading with gbpusd daily chart

Trade forex for a living with supply and demand Hi Readers !
Welcome to the blog . Its quite a while since I posted any chart but that due to my busy schedule. Opportunity is on the chart with a 7 times Risk Reward. Please do apply proper risk management with the trade as this level is clear seperator between bulls and bears.

Pair Gbp/usd
Entry point at 1.3847
stops around 1.3825
Target flat 1.4000

Saturday, February 03, 2018

How to trade like banks and institutions & make a living trading forex

Banks and institutions forex trading I've added best of the videos from you tube to clear the doubts and approach on how to trade like banks & financial institutions.

Price action analysis of canadian dollar against us dollar



Usd/cad approaching crucial area of 1.2600. I would like to see the reaction as this area had strong pushes up and down on weekly and looking at h4 reaction has already started & approach to area can result in strong sell-off.


Sell usd/cad pending sell @1.2600
Stop @ 1.2635
Target 1.2480

Thursday, February 01, 2018

Price Action analysis of eurdollar Forex Technical update

Hi Readers,
Euro has managed to hold the area above 1.2450 & looking good to test another crucial resistance and psychological level around 1.2600
For price action traders it is quite necessary to look for reward to risk & price is reacting to previous highs but as we are approaching NFP today, I am expecting and going with the recent approach to high.
You can wait for the release of Non-Farm payroll or you can take small risk but make sure that you protect your entry with protective stops.
Buy Euro/usd 1.2480
Stop 1.2435
Target 1st 1.2580
Second 1.2650

Tuesday, January 23, 2018

Pound trade offered good risk reward l closed all at 1.3980

Forex Risk Reward </head> Hi Readers,

Usd/canadian dollar trade is still looking for a direction and tested 1.2430 area twice and made a high of 1.2490 but I would like to remind you about the last trade of Gbp/usd where I went long around 1.3810 area & took first profit around 1.3888 where I closed half & now I am closing all the positions around 1.3970.


Take a look at the post here Gbp/usd long trade


Total profit of 170 pips with a 35 pips stop is good enough trade specially when lot happening around at the start of new year.


Moving ahead for next trade of gbp/chf



I have posted chart of gbp/chf for your reference and recent rally looking good as it is carrying momentun but has not really went in complete control due to weakness of usd/chf.


I will post an update soon if price start reacting at 1.3310-40 area.

Monday, January 22, 2018

Forex trading oppprtunities & price action analysis of usd/cad

Price action forex trading opportunities </head>

 Forex trading is all about opportunities but it does not stands for every oppprtunity should come our way or we need to keep looking for the opportunities day in and day out.

This is a self destructing antanomy that more we stick to the charts, more versed and more profits we make. If you ask me about how I go about forex trading as a novice, then there is no better place to get the answer but yourself.  Forex trading is so addictive that we get involved in it & that is the big reason for failures.

Also Read -How to look for top down analysis from weekly to day trading timeframes.

I just look to see sessions that are strong & carry momentum for strong breakouts but fall short of their targets. Usually institutions & banks use to manipulate traders who joined later to open trades but they most likely set pending orders when Price revist such area. Take a look at the chart below showing you a prime example & justifying my words.


Also watch :- Where to look for price action trades.

Daily time frame is good area to watch as I told in my previous post.  I agree to some that trend is strongly down on daily & weekly but h4 is mixed to bullish & several attempts to keep the downtrend intact has diminished & area of 1.2450-60 is strong s/r flip both sides but as Friday move was powerful and price is holding higher levels. I would recommend pending buy orders.

Buy @ 1.2460
Stop @ 1.2425
Target Ist 1.2560
Second 1.2640

Wednesday, January 17, 2018

Pound set to test the highs above 1.3800 stops around 1.3775


Pound set to test the highs around 1.3920
Pending buy order 1.3810
STOPS 1.3775
Target Ist 1.3920
Second 1.4010
Price action has been quite subdued and every bullish reaction in us sessions stalls at higher highs & Expecting this higher low to hold 1.3810 area

Wednesday, January 10, 2018

Price Action Zones defines price action and Eur/jpy trade update

It has been a good risk reward reward trade which clicks at the retest immediately @ 133.96.
Take a look at the post here

Wait for chart update little longer.
Seems to be little problem with google servers. Will post an update soon & for trade alert I would recommend trailing entry at 133.66.

Tuesday, January 09, 2018

How to define PA zones in a flag Forex Trading strategies

Its has quite fascinated to see pound rallies to the target. Now new trade opportunity awaiting and with a very good risk reward. But we need to see how Price action unfolds around 134.00 area.

Price has been in range of a flag and that area is quite a strong S/R flip & now if price manage to continue the rally towards the 133.00 area, then we probably will set a pending sell order at 133.96 & stop around 134.16 & profit should be 132.30 leaving you with 10 times Risk Reward.
Update of eur/jpy h4 chart.
Entry exact pip 133.96
Already 4 times reward at 133.08

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