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DislikedSuperP, and workingforex we might have to video UCAD, as there is a lot of clutter on this chart thats not what you want for levels. I might try and sort out some webinar software and we can have a live session during europe if that suits it would be easier to take questions and explain I think SimonIgnored
DislikedGBPNZD Up to date Analysis GN has been a bit of an unruly teenager this week deciding when and how it was going to move regardless of what all its piers have been doing. I will share my top down analysis for you: 1. First Chart is a d1 chart , looking at where price can come too for sell orders 2. Second chart is the 4h chart, this clearly shows the levels that have been filled in a nice cup formation as well 3. The 1h chart showing how price is slowing down, slow grind down, no real seller money driving this, buyers and seller pretty much in balance...Ignored
DislikedEJ So far there is a nice bit of respect for EJ at 123.15 only been to 123.12 that's pretty much bang on in my book, retrace 30 pips so far, not bad considering how much yen buying we have see for hours now. Wait for the pullback need to see the strength of this as well and what price action is doing Here is a fun task to do while we wait pull up the 1h EJ chart and can anybody give me an indicator that says buy now 52% of the retail traders are short this pair now, i mean do these guys own charts SimonIgnored
DislikedECAD Here is a interesting one have a look at this chart, it has two levels marked which ones the better one and why 14740-14714 or 14686-14663 Post your answers here in the thread no judgement lets have some fun Simon {image}Ignored
DislikedG'day Simon. I don't watch or trade CAD pairs but, for the fun 1.4686 would be my choice as the upper levels have seen more orders taken. Whereas 1.4686 hasn't been revisited and likely has fresh orders there. If the upper levels are reached it could likely mean... 1. More slippage through them even if they hold thus needing a wider stop loss. 2, A continuation long should they fail to hold. And .... 156.30 on GJ please.Ignored