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  CADJPY price rallied back to retest the BOS level on H1 & H4 at 106.700 & 106.430, taking out my entries and hitting SL. Price formed wick rejections inside BOS, candle closes inside BOS followed by a slight drop away from the bearish BOS confirming the bearish sentiment. Took sell re-entries during London session at 106.480 with SL at 106.750. Setup taken is still a drop base drop a continuation setup with my target still being at the next low at 105.180. Price retraced back to the H1 BOS during the FOMC news release, formed rejection wicks followed by a strong drop away from BOS showing high bearish momentum during London session into NY session confirming the bearish sentiment. Price dropped 200 pips to 104.595, taking out the previous H1 low and target, forming a lower low on H1 & H4 and still showing more bearish potential till the next demand level on H4 and the daily chart at 103.703 & 102.587.

Good evening traders, I hope you're all okay and have taken advantage of the momentum in the markets seen after the FOMC news release which I'll talk about in a short while. However, GBPJPY price rallied back into BOS, breaking it and rallying to the previous H1 & H4 high at 166.100 where price failed to break it, formed a strong rejection wick on H1 & H4, candle close followed by a strong drop in price confirming the shift in market structure to bearish. Price first dropped 140 pips to the previous H1 BOS, retested it then continued with the drop to the next H1 & H4 low at 163.000 which was my target for the shorts I previously took, a 280 pips move. I missed the move after price rallied back to BOS and broke past my level on interest at BOS level but price reversed at the next H1 high and dropped to my target at 163.000.

  CADJPY price dropped from the major supply level on H1 & H4 at 107.541 & 107.080 to the 1st H1 low at 105.180, a 230 pips drop. Price then reversed and rallied back to the bearish BOS on H1 & H4 at 106.700 & 106.430. Price rallied into the BOS, made a slight drop to 106.130 then rallied back into BOS. Price formed rejection wicks on H1 followed by a strong push down in 2 large bearish candles showing bearish momentum. Took late sell entries during NYSE at 106.082 with SL at 106.390 (30 pips) as I missed optimum entries when price was inside BOS.  Setup taken is a drop base drop a continuation setup and my 1st target is the H1 low at 105.180.

  Good morning traders, I hope you're okay and doing well. Today I'm looking at GBPJPY where price dropped from a bearish BOS on H1 & H4 at 166.120 & 165.860 to 163.100, forming a minor bearish BOS on H4 at 165.140 & 164.700. Price rallied from the low at 163.100 back to the H4 BOS at 165.140 & 164.700. Price formed strong rejection wicks on H1 & H4, candle closes inside BOS followed by a slight drop. Took sell entries during pre-london session at 164.840 with SL at 165.240 (40 pips). Setup taken is a drop base drop, a continuation setup. I anticipate a continuation of the drop back to the low of 163.000 as my target.   Price rejected the BOS level forming wicks followed by a drop in price to 163.600 confirming the bearish sentiment, having my target at the next H1 low at 163.000. Price dropped 120 pips to 163.600 just near the H1 low, missing my 163.000 target by 60 pips, then rallied back to BOS later into the NY session. 

Hello traders, I hope your weekend was great, some warmth from the long lost sunshine during this cold month. Diving into the markets, GBPUSD price rallied back to supply level on H1 & H4 at 1.20595 & 1.19970 which is the origin of the previous drop to 1.17770. Price tapped 1.20595, formed a strong rejection wick on H1, candle close inside supply followed by a drop in price put of supply. Took impulse sell entries during Asian session after market open at 1.20046 with SL at 1.20320. Setup taken is a rally base drop, a reversal setup and my target is at 1.18200. Price faked out a drop in price to 1.19533, formed a demand level that failed to break, followed by a strong rally, breaking supply and hitting SL hence invalidating my setup. SL HIT. LOSS -30 PIPS

  Good morning traders, I hope you're alright and doing well. Today GBPUSD price rallied to supply level on H1 & H4 at 1.25095 & 1.19970, a previous bearish BOS level and origin of the previous drop to 1.17805. Took sell entries during London session at 1.20243 with SL at 1.20550 (30 pips). Setup taken is a rally base drop, a reversal setup and my target is at 1.18810 the first H1 low. Price rallied back to entry inside supply zone, then dropped by a constant push away from supply to 1.19561 (65 pips). Price retraced to retest supply at 1.19970, formed rejection wick and a candle close below supply followed by another drop showing continuation of the bearish trend. Price dropped 100 pips to the 1st H1 low at 1.19230 then spiked back to supply during NYSE. Price rejected 1.19970, followed by a drop with high momentum to 1.19970 and was still showing more bearish potential.   Price failed to break the H1 low at 1.19205, forming a minor double bottom on H1 then ralli...

Hello traders, I hope you're all doing well. It's another week in the markets to catch some market moves and pips as that our sole task in the charts. XAUUSD price dropped to a demand level on H1 & H4 at 1710.45 & 1701.40 which is the origin of the previous rally to the 1st H1 high at 1743.04. Took buy entries during NYSE at 1711.37 with SL at 1703.04 after several failed attempts to take the buys at a decent entry place. Setup taken is a drop base rally, a reversal setup and my target is at the next H1 high and supply at 1742.57. Price faked out a rally put of demand then dropped back into demand and below my entries putting my trades in drawdown and eventually hitting SL taking out my entries. Closed out on my entries and took re-entries next day during London session at 1707.58 with SL at 1700.23. Price faked out a rally out of demand, followed by a strong drop in price that saw a break of demand and continuation of the drop to 1680. Price got to 1680 then reversed a...

  TRADING IS A HIERACHY OF SKILL At any given second, there's only so much liquidity. One needs to be faster than others to get in and out. One needs better strategies than others. The people who are good eat, the people who aren't get eaten. Like a sport, to make a living, one needs to be better than most others.  A trader making $1000 per day is taking that from others. They lost or missed out on that $1000. Almost no where else in the world do you get to play with pros as soon as you start playing. It takes time and skill improvement to be a pro. You get there by being beaten by pros for a while. Time, Research, Practice Getting better than others to make $$ requires putting in more intentioned work than others.  1. Most quit too soon. It takes at least 2 years to trade decently, usually longer. 2. Putting in time is different than practice. Work on specific strategies and then work on fixing mistakes one at a time. Doing trading related stuff isn't practice. Trading-R...

Hello traders, I hope you're doing well and keeping warm in this cold weather. However in the markets, the charts are heated up with GBPJPY having dropped 420 pips to 160.760 which is the previous low and minor demand on H1 & H4 at 161.862 & 160.770, filling the minor range from the major supply on the daily chart at 168.589 & 167.699  to the minor demand. Price rallied from the minor demand back to the bearish BOS and supply level at 164.903 & 163.895, retesting supply at 163.895. Price tapped the level during Asian session, accumulating more sell orders and dropping by a constant push away from supply confirming more of the bearish sentiment. Price activated my pending scale in sell limit orders at 163.895 with SL at 164.360 during Asian session and gained momentum during London session. Still waiting on price to drop further to the anticipated target ahead of the NFP news release during NYSE.  

  Hello traders, I hope you're all doing well. Into the EURYEN markets update, last week we were shorting the pair as the markets were bearish and still are as price continues to drop lower than our previously expected targets. Price dropped to the expected target which was at the demand level on H1 & H4 at 141.567 & 141.053 where price retraced from, causing a slight rally to the previous high on H1 & H4 at 142.330 followed by a massive drop that broke the demand level. THEN (DURING THE TRADE) Price dropped 650 pips to 137.650, having taken out the demand at 141.567 & 141.053 on H1 & H4 and the demand level on the daily chart at 139.797 & 139.114 showing high bearish momentum in the markets. Price has recently broken the daily demand level at 139.797 & 139.114, dropped to 137.600 then retraced to retest the broken demand as a new supply before a continuation of the drop. NOW (CURRENT MARKET PRICE) Price has a high possibility of a continuation of the dr...

  Hello traders, NASDAQ (NAS100) price rallied from demand level on H1, H4 & the daily chart at 11150.64 & 11058.81 to supply on H1 & H4 at 12199.68 and dropped back to demand. Price formed a demand level at a minor bullish BOS on H1 & H4 at 11366.30, rallying and breaking the minor supply on H1 & H4 at 11703.41 & 11606.15, confirming a shift in market structure to bullish. Price retraced to retest the broken supply as new demand, accumulating more bullish orders followed by a continuation of the rally. Took buy entries during NYSE at 11750.47 with SL at 11681.36. Setup taken is a rally base rally, a continuation setup.  Price rallied by a constant push away from demand causing a 213 points rally and still showing more bullish potential. My target is at the next high on H1 & H4 at 12199.68. However I anticipate a possible continuation of the rally to supply on H1 & H4 at 12430.0 & 12561.1 for price to fill the range from supply to demand and...

Hello traders, I hope your weekend was okay. Into the new week in the markets, GBPJPY price rallied to a BOS level on H1 & H4 at 164.903 & 163.876 where price broke as it dropped from the major supply level on H4 and the daily chart at 168.589 & 167.699. Took sell entries during London session at 165.000 with SL at 165.600. Setup taken is a drop base drop, a continuation setup. Price formed a rejection wick on H4, candle close inside BOS followed by a strong bearish engulfing candle showing bearish momentum.  Took a scale-in sell entry at 164.364 with SL at 164.720. My 1st target is at 160.000 although I anticipate a continuation of the drop to demand on the daily chart at 158.131 & 156.351. Price gained momentum late in the session towards NY open having dropped 230 pips to 162.732 and still showed more bearish potential as we headed into NY. Price continued with the downtrend during NYSE as price dropped to 161.820, a 320 pips drop and still looking strongly beari...

  Hello traders, the U.S economy has been operating in an environment of low interest rates since the global financial crisis. Since having low interest rates makes borrowing money cheap, this has stimulated the economy and allowed a lot of progress to be made but has also led to an inflation crisis. The global economy was headed into a recession in 2019 following the Federal reserve's decision to raise interest rates. Very similar to today, the Fed feared that inflation was out of control and it was their role to slow down the economy. The Fed raised rates twice in 2018 leading to a severe crash in the equity markets. They were committed to normalizing rates but the economy was not reacting appropriately so they softened their stance in order to recover markets. In 2020, the real economy and the financial markets crashed in a way that no one had seen before. Global supply and demand went to 0, meaning there was no transaction and no flow in the economy. This exposed the severity o...

  Hello traders, everyone globally has felt the impact of the current economic pinch whether directly or indirectly. We've been in an economic recession all 2022 but now is when economists are talking about it as it has become a global concern. Inflation is at record high, car and housing markets are at record highs, financial markets are at record lows, bonds and commodities are getting hammered, there is a labor shortage in the U.S and a looming geo-political crisis that's affecting global supply chains. A recession is a period of declining economic performance across an entire economy that lasts for several months. Its normally visible in real GDP, real income, employment, industrial production and wholesale retail sales. The recession started in Europe and has slowly been affecting the global economy leading to food shortages in under developed nations since Russia is a global supplier of fertilizer. Oil shortages will lead to price remaining high until the Organization for...