Only Live Trades

Update | GBPUSD | Nice price drop


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Monitor your Trade | GBPUSD

SP | SELL @cmp

GBPUSD | Re_Entry SELL | M30

EURCAD - H1 | SELL @cmp | SL @1.42732

GBPUSD | H1
Sell @cmp

Long time kd1 how are you please i need an ea based on the 4hr candles at 12gmt when it closes. If its a blue candle and the symphonie histogram is also blue then we enter the trade and our take profit is the 16gmt candle riding the profit until close .Thats all

Using the attached template by the owner NightPipper .

Pair| AUDUSD
TF | M30
Bias| Sell @cmp

do i need to set H4 chart or i can take it to th M5 timeframe , thx

USDJPY: Cautiously Bullish Bias with Bouncing Potential in Next 24-48 Hours

The USDJPY pair presents a cautiously bullish bias for the next 24-48 hours, with potential for bouncing off recent support levels. Here's a breakdown of the key factors influencing this outlook:

Supporting Bullish Arguments:

1. Technical Bounce: USDJPY recently found support around the 136.00 level and has bounced back, showcasing potential bullish momentum.
2. Yield Differential: The interest rate differential between the US Federal Reserve and the Bank of Japan remains wide, which could attract carry trade inflows into USDJPY, potentially pushing the pair upwards.
3. Weak Yen Sentiment: The Japanese Yen (JPY) continues to face headwinds from the Bank of Japan's dovish monetary policy stance and expectations for further quantitative easing. This general weakness of JPY could indirectly benefit USDJPY.

Counterbalancing Bearish Considerations:

1. Market Uncertainty: Global market concerns regarding economic slowdown and potential recessionary fears could dampen risk appetite, negatively impacting carry trades and potentially pushing USDJPY lower.
2. Resistance Levels: The pair faces immediate resistance at around 137.50 and further hurdles near 138.00. A failure to break above these levels could lead to a pullback.
3. Mixed Sentiment: Real-time data suggests somewhat mixed sentiment for USDJPY, with a split between bullish and bearish signals. This raises the possibility of volatility and unpredictable price movements in the short term.

Overall Bias and Caveats:

Given the conflicting factors, a cautiously bullish bias with a focus on potential short-term bounces seems most appropriate for USDJPY in the next 24-48 hours. However, it's crucial to remember the following caveats:

1. Volatility: The market remains volatile, and unexpected events could trigger a reversal in sentiment.
2. Data Releases: Upcoming economic data releases in both the US and Japan could influence the direction of USDJPY.
3. Fundamental Analysis: This analysis relies on short-term indicators and is not a substitute for detailed technical and fundamental analysis before making any trading decisions.

Further Steps and Conclusion:

To navigate the current USDJPY dynamics effectively, consider these further steps:

1. Monitor specific timeframes for USDJPY sentiment, particularly hourly shifts on TradingView and FXStreet.
2. Keep an eye on economic data releases in both the US and Japan, particularly those pertaining to inflation and central bank policy.
3. Conduct a comprehensive technical analysis using tools like chart patterns and technical indicators to assess potential entry and exit points.
4. Utilize fundamental analysis resources to stay informed about broader economic trends and geopolitical developments impacting both currencies.

By carefully considering these factors, you can make informed trading decisions for USDJPY, taking advantage of potential short-term bounces while remaining cautious of the surrounding uncertainties.

Remember, this analysis is solely based on the provided resources and current market conditions. Market dynamics are constantly evolving, and it's your responsibility to conduct your own research and assess risks before making any investment decisions.

USDJPY
- BUY @cmp | SL: 143.364 | TP: 144.498
- Chart TF: M30

USDCAD Short-Term Trading Bias Breakdown

Current Price: 1.33466 (as of 2023-12-19, 09:43 EAT)

Overall Bias: Slightly Bearish

Analysis:

1. Technical Indicators:
   1. Moving Average Convergence Divergence (MACD): Bearish crossover on the daily chart, suggesting potential downward momentum.
   2. Relative Strength Index (RSI): Below 50 on the daily chart, indicating neutral territory but with a slight downside bias.
   3. Fibonacci Retracement: Price currently testing the 38.2% retracement level of the previous uptrend, which could act as support.

   
   

2. Fundamental Factors:
   1. Oil Prices: Recent decline in oil prices could put downward pressure on the CAD, which is considered a commodity currency.
   2. US Federal Reserve: Market expecting potential interest rate cuts next year, which could weaken the USD and support the CAD.
   3. Canadian Consumer Price Index (CPI): Data to be released later today (December 19th) could impact the CAD depending on the outcome.

   
   

Trading Bias:

1. Short-term: Given the bearish technical indicators and potential weakness from oil prices, a short bias could be considered with a cautious approach. However, keep an eye on the CPI data and overall market sentiment as they could quickly change the direction.
2. Entry: Consider entering a short position if price breaks below the 38.2% retracement level (around 1.3250) with stop-loss above the recent swing high (around 1.3420).
3. Target: Potential targets could be the 50% retracement level (around 1.3130) or the 61.8% retracement level (around 1.3010).

Important Disclaimer:
This is just a short-term trading bias based on the current market conditions. Always do your own research and analysis before making any trading decisions. Remember, the past performance of a security is not necessarily indicative of its future results.

Additional Resources:

1. DailyFX USDCAD Analysis: https://www.dailyfx.com/usd-cad
2. TradingView USDCAD Chart: https://www.xe.com/currencyconverter...rom=USD&To=CAD
3. Yahoo Finance USDCAD Quote: https://www.xe.com/currencyconverter...rom=USD&To=CAD

USDCAD | Live Signal
SELL @cmp
SL: 1.33615
TP: 1.33101

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Analysis still Valid, My SL taken


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Reason for SL hit


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Results | USDCAD - M30

AUDCAD Short-Term Analysis (Next 24-48 hours)

Here's an analysis of AUDCAD's short-term bias as of Wednesday, December 20, 2023, 5:15 AM PST:

Mildly Bullish:

1. Sentiment: Real-time sentiment leans slightly bullish, with approximately 58% bullish and 42% bearish according to TradingView. This suggests potential upside momentum.
2. Stronger AUD: The broader AUD currency basket exhibits strength, potentially buoying AUDCAD through correlations.
3. Weak CAD: Canadian Dollar could face headwinds due to its close ties to the U.S. Dollar, which is experiencing some weakness.
4. Technical Indicators: On short timeframes (M15 and H1), AUDCAD has bounced off a key support level near 0.8860 and is currently trending upwards.
5. COT Report Confluence: The latest COT report shows a slight increase in net speculative long positions on AUD, further supporting the bullish bias.

Caveats:

1. Mixed sentiment can still lead to volatile swings.
2. Unexpected events or policy changes could impact the pair significantly.
3. This analysis is for informational purposes only and does not constitute trading advice.

Further Steps:

1. Monitor AUD and CAD strengths for potential drivers.
2. Keep an eye on global economic developments and central bank rhetoric.
3. Utilize technical analysis tools to identify potential entry and exit points.

Conclusion:

While not overwhelmingly bullish, AUDCAD shows promising signals for upward potential in the short term. However, vigilance is advised due to the inherent volatility of forex markets. Consider both fundamental and technical factors before making any trading decisions.

I hope this analysis is helpful! Please let me know if you have any further questions

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AUDCAD | Live Signal | M30
BUY @cmp
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EURCHF | M30 - SELL @cmp | SL: 0.94615 , TP: 0.94209
Bias: Bearish with a cautious approach

Reasons:

1. Bearish sentiment: Real-time sources indicate a slight bearish tilt for EURCHF, with roughly 58% bearish and 42% bullish. This suggests potential downside in the short term.
2. Euro weakness: The EUR faces headwinds from ongoing energy concerns in Europe and hawkish Fed expectations. This weakens EURCHF.
3. Swiss Franc strength: The CHF's safe-haven appeal remains attractive, benefiting from potential risk aversion in the market. This strengthens EURCHF.
4. COT report suggests short-term weakness: The latest COT reports for EUR (URL 36 and URL 37) show increased speculative short positions, potentially indicating selling pressure for EURCHF.
5. Technicals suggest downtrend: M15, H1, and H4 charts showcase a downward trend, with bearish confirmation patterns like lower highs and lower lows.

Caveats:

1. The bearish bias should be approached cautiously due to the mixed sentiment and potentially oversold conditions in EURCHF.
2. Economic developments in Europe and any signs of risk aversion could strengthen the EUR and impact the bias.
3. This analysis is based on the limited timeframe of 24-48 hours and should not be considered investment advice.

EURCHF shows a bearish bias with potential downside momentum.

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Resources:
36. [EURO FX - Legacy](https://tradingster.com/cot/legacy-futures/099741)
37. [EURO FX - Disagg](https://tradingster.com/cot/futures/fin/099741)
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GBPUSD Bearish Sell Signal Analysis - December 21, 2023 (5:15 PM EAT)

Confluence of factors suggesting a potential GBPUSD sell signal:

Technical Analysis:

1. Break of Support: Price action recently broke below the key support level of 1.2720 on the daily chart, confirming a bearish bias.
2. Downward Momentum: Moving averages, including the 50-day EMA and 200-day SMA, are pointing downwards, indicating continued selling pressure.
3. Bearish Engulfing Candle: The recent daily candle is a bearish engulfing candle, further strengthening the downside momentum.
4. Overbought Sentiment: RSI indicator on the hourly chart is nearing overbought territory, suggesting a potential pullback.
5. MACD Divergence: There's bearish divergence between the MACD line and the price, hinting at weakening bullish momentum.

Fundamental Analysis:

1. Weak UK Economic Outlook: Concerns are mounting about the UK economy due to potential recessionary risks, Brexit uncertainties, and political instability. This could weigh heavily on GBP.
2. Strong US Dollar: The DXY (US Dollar Index) is strengthening due to positive economic data and hawkish Fed policy, adding further downward pressure on GBPUSD.
3. Market Sentiment: Recent surveys show increasing bearish sentiment towards GBPUSD, reflecting concerns about the pair's future.

Additional Confluence:

1. Geopolitical Risks: Ongoing global tensions and potential escalation of the Ukraine war could trigger risk aversion, leading investors to seek safe-haven currencies like USD.
2. Holiday Season Liquidity: Lower market liquidity during the holiday season can exacerbate price movements and potentially lead to sharper declines.

Potential Targets and Trade Management:

1. Short-term Targets: 1.2590 - 1.2560 (previous support levels)
2. Stop-Loss: 1.2750 (above the broken support level)
3. Risk Management: Use appropriate position sizing and risk management strategies to protect your capital.

Overall:

While no trade is guaranteed, the confluence of technical and fundamental factors suggests a potential sell signal for GBPUSD. However, it's crucial to conduct your own due diligence and research before making any trading decisions. Consider factors like your risk tolerance, trading experience, and overall market context before entering any trades.

Disclaimer: This analysis is provided for informational purposes only and should not be considered as financial advice. Please consult with a qualified financial professional before making any investment decisions.

NZDCHF Short-Term Trading Bias: Mixed with a Slight Bearish Lean

Suggested Trading Bias: Mixed with a slight bearish lean.

Specific Reasons Supporting the Bias:

1. Market Sentiment: Currently, 52% of market sentiment leans bearish on NZDCHF, while 48% are bullish. This indicates a cautious market with no clear dominant direction.
2. Underlying Currency Strengths: The Swiss Franc (CHF) has been relatively stronger in recent weeks due to its safe-haven status amidst global economic uncertainties. This puts slight downward pressure on NZDCHF.
3. COT Reports: Large speculators' net short positions in NZDCHF have increased slightly in the past week, further suggesting a bearish inclination.

Caveats and Limitations:

1. The technical picture for NZDCHF is mixed, with some indicators suggesting a possible bounce and others pointing towards further decline.
2. Market sentiment can shift quickly, and fundamental factors like potential trade deals or central bank policies can significantly impact the pair.
3. This analysis is based on a limited timeframe and should not be interpreted as a definitive recommendation for trading.

Further Steps:

1. Refine the analysis by examining specific timeframes, such as the daily or hourly charts, to identify potential entry and exit points.
2. Monitor upcoming economic events like New Zealand's CPI or Swiss National Bank policy decisions for potential catalysts.
3. Utilize additional resources like technical analysis tools and expert commentary to gain further insights.

Conclusion:
While the immediate trend for NZDCHF is unclear, the slight bearish sentiment, CHF strength, and increasing short positions suggest a potential downward movement in the short term. However, cautiousness is warranted due to the mixed market sentiment and technical picture. Further analysis and monitoring of economic events are crucial before making any trading decisions.

Please remember that this information is for informational purposes only and should not be construed as financial advice. Always conduct your own research and consider seeking professional advice before making any investment decisions.

M30

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GBPUSD

Update | In Profit 25+ pips ( 25pips X 4 = 100pips )



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GBPUSD | Closed with 38pips x 4

Great thread, you are doing a really good job here. Keep up the good work. I look forward to reading a few more of your post. It do appear that you have a wealth of knowledge regarding the market.

Short-Term Trading Bias Analysis for CHFJPY - 24-48 Hour Outlook

Introduction:
Our focus will lie on real-time data and various analytical tools to equip you with actionable insights for potential trading opportunities.

Sentiment:
As of now, CHFJPY exhibits a mixed sentiment, hovering around 53% bullish and 47% bearish (according to TradingView's Bull/Bear Ratio and FXStreet's Hourly Sentiment). This indecision warrants close monitoring of market developments, as shifts in sentiment can swiftly impact price action.

Currency Strength:
The Swiss Franc (CHF) demonstrates relative strength compared to the Japanese Yen (JPY) based on FXCM's 4-hour RSI (CHF=65, JPY=38) and Trading Economics' 24-hour currency strength changes. This CHF strength contributes to a potential bullish bias for CHFJPY.

Technical Analysis:

Weekly:

1. EMA34 and SMA89 on the weekly chart suggest a long-term bullish trend for CHFJPY.

Daily (D1):

1. EMA9 currently sits above SMA20, indicating a potential short-term uptrend.
2. RSI is at 52, not yet overbought, providing room for further upside.

H4:

1. MACD histogram shows positive momentum, supporting the bullish bias.

Overall, the technical analysis aligns with the potential bullish bias from currency strength.

COT Positioning:
Legacy COT reports (URLs 32-33) reveal a slight decrease in net speculative longs for CHF futures by large non-commercials, potentially suggesting some profit-taking but not necessarily a reversal in positioning. This supports the neutral to slightly bullish bias.

(URLs 32-33)

1. 32. [SWISS FRANC - Legacy](https://tradingster.com/cot/legacy-futures/092741)
2. 33. [SWISS FRANC - Disagg](https://tradingster.com/cot/futures/fin/092741)

Fundamental Factors:

1. Safe-haven demand for CHF could increase due to global uncertainties, potentially strengthening CHFJPY.
2. Recent economic data from Japan suggests continued weakness in the JPY, further supporting the bullish bias.

Conclusion and Trading Bias Recommendation:

Synthesizing all factors, the short-term trading bias for CHFJPY leans slightly bullish for the next 24-48 hours. This suggests a potential long entry opportunity, with a stop loss below the recent swing low and a profit target at the next resistance level. However, remember that sentiment and market dynamics can shift rapidly, so vigilance and adaptability are crucial.

TF: M30
Live Signal: BUY @cmp

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and risk management before making any trading decisions.