CHA$E CAPITAL

  Good evening traders, as we head into the festive season month of December I hope you're all doing well and ready for this trading week. Into the charts this week I'm looking at EURUSD where price had been bullish the previous week into this week. However price rallied to a key daily chart supply level at 1.04583 & 1.03839 which is the origin of the previous major drop to the daily demand at 0.96955 & 0.95860. Price has filled the major daily range from the daily chart supply to the daily demand and back to the daily supply. Price rallied into supply and formed a strong rejection wick followed by a candle close below supply then a drop to 1.02380. Price rallied back into supply, formed another strong rejection wick followed by another candle close below supply. Took sell entries during London session at 1.03868 with SL at 1.04400. Setup taken is a rally base drop, a reversal setup and my 1st target is at the 1st H4 low at 1.02250 where price will have filled the 1st H...

  Good morning traders it's another new week in the financial markets meaning new opportunities too. I hope you all had a wonderful weekend and are ready to tackle the markets this week. Into the charts, GBPUSD price rallied to a key daily chart supply zone at 1.19706 & 1.18328 which is the origin of the previous drop to the major daily chart demand zone at 1.06583 & 1.03951. Price has filled the major daily range from the key daily chart supply to the key daily chart demand and back to supply. Price rallied into supply, formed a strong rejection wick on H1 & H4 with candle close inside supply followed by a drop to the 1st H1 low at 1.17644 after which price rallied back into supply. Price failed to take out the H1 high at 1.19320 and instead pushed lower even though with very little momentum hence closing the previous market week at 1.18844 inside supply and showing potential shorts into the new week. I set pending sell limit orders at 1.19270 with SL at 1.19870 where ...

  Hey traders, this week the EURUSD pair has been extremely bullish with price rallying 680 points to a key daily chart supply zone due to the ongoing dollar weakness. Price rallied to a key daily chart supply zone at 1.04097 & 1.03252 which is the origin of the previous drop to the major daily chart demand zone at 0.96959 & 0.95860. Price has filled the major daily range from supply to demand and back to supply. Price rallied into supply, faked out a break of supply and formed candle close above supply on H1 & H4 at 1.04396. However on the daily chart price formed a strong rejection wick and candle close inside supply showing the bearish reversal setup is still valid. Price dropped to 1.03100 then rallied back to 1.04936. Price failed to break the H1 & H4 high, reversed and dropped lower. Took sell entries during NY session at 1.03963 with SL at 1.04400. Setup taken is a rally base drop, a reversal setup and my 1st target is at the next H4 low at 0.99640. Price dro...

  Good evening traders, I hope you're all doing well and having a fantastic week. Into the markets today, NAS100 price rallied to a key H4 & daily chart supply zone at 12024.78 & 11860.30 which is the origin of the previous drop to the major H4 & daily chart demand zone at 10706.19 & 10510.18. Price has filled the major H4 & daily range from supply to demand and back to supply. Price rallied into supply and formed a rejection wick, candle close inside supply followed by a strong drop out of supply in 2 strong H4 bearish candles with candle close below supply. Price retested supply forming a lower high at 11915.83 then gained more bearish momentum pushing price lower. Took sell entries during NY session at 11851.20 with SL at 12001.11.  Setup taken is a rally base drop a reversal setup and my 1st target is the 1st H4 low at 11600.00 before price takes out the low and pushes lower. Price gained momentum and dropped 330 points to the 1st H1 low at 11519.87. Pr...

  Good morning traders, I hope you're all well and having a pipstatic week with the volatility in the markets as seen lately. Into the charts today, NAS100 price dropped to a major H4 & daily chart demand zone at 10695.17 & 10497.42 which is the origin of the previous rally to the major H4 & daily supply at 11672.94 & 11522.19 filling the major range from demand to supply and back to demand. Price dropped into demand, reversed and rallied by a constant push away from demand. Price took out the minor H1 supply at 10920.40 & 10843.24 and formed a higher high at 11023.07 confirming a shift in market structure to bullish. Price dropped to retest the broken minor demand as new supply before a continuation of the rally. Price formed a rejection wick, candle close above the zone followed by a rally taking out the previous higher high at 11023.07 and forming a higher high. Took buy entries during late NY session at 10917.10 with SL at 10855.70. Setup taken is a rally ba...

Hello traders, into the US30 market analysis today price rallied to a key daily supply level at 33314.86 & 32879.30 which is a daily chart BOS and also origin of the previous drop to the major daily demand level at 28937.44 & 28621.70. Price filled the major daily range from supply to the major demand and back to supply. Price rallied to supply then dropped away from supply in a strong H4 bearish candle with candle close below supply at 32625.86. Took sell entries during pre-London session at 32700.20 with SL at 32891.50. Setup taken is a rally base drop, a reversal setup. Price dropped to the minor H1 demand at 32591.84 & 32514.40 which has held and caused price to rally back to entry just before the FOMC news release. Price formed a strong liquidity grab back into supply hence taking out my SL and rallying deep into supply then left a strong rejection wick with candle close below supply. Took sell re-entries during late NY session at 32907.10 with SL at 33085.18 after pri...

  Good afternoon traders, I hope you're all doing well this new month of November which brings with it more opportunities to become better at what we do best. Into the markets this week and new month, I have been looking at GBPCHF and US30 where I'll share my US30 analysis on the next post but for now lets dive into the GBPCHF chart and see wassup. On 1st of November (Tuesday), price rallied to a key supply level on H4 & the daily chart at 1.15623 & 1.14824 which is the origin of the previous drop to 1.02410. Price filled the major H4 & daily range from supply to demand at 1.04192 & 1.02262 and back to supply. Price rallied into supply and faked a break of supply on H1, formed rejection wick and candle close inside supply followed by a drop to 1.14620, the 1st H1 low. Price rallied back inside supply for a retest before a continuation of the drop. Took sell entries during London session at 1.15208 with SL at 1.15500 as price missed my pending sell limit orders a...