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Showing posts from January, 2024

EURUSD MARKET ANALYSIS

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  Good morning traders, I hope you're all doing well and have already been actively trading as the volume in the markets is back. Into the markets today I'm looking at EURUSD which I have been in a swing position since the CPI release for this month. Price had been in consolidation between the key H1 & H4 supply zone at 1.10535 & 1.09911 and the H4 demand zone at 1.09042 & 1.08726. Price dropped to the H4 demand zone then rallied back to the H1 & H4 supply zone at 1.10535 & 1.09911 which was the origin of the previous drop to the H4 demand zone at 1.09042 & 1.08726. Price filled the H1 & H4 range from the H1 & H4 supply zone to the H1 & H4 demand zone and back to the H1 & H4 supply zone. Price rallied into supply during the CPI news release last week and formed strong rejections on H1 & H4 with candle closes below supply followed by  a strong drop in 3 H4 bearish candles. Took sell positions during NY session at 1.09900 with SL at 1....

HAPPY NEW YEAR 2024

  Happy New Year everyone, it's been a good 2023 with its own ups and downs but we made it to the end and still emerged victorious in different aspects of our lives. As I welcome 2024, I'd like to celebrate the success of this blog with currently over 140 posts since I started it and still growing bigger and better. I also celebrate 2 years of the private Chase Capital discord which I started in January 2022 as a simple idea and now has more than 700 trading setups and analysis that I have shared over time showing my growth and experience in my trading journey. Trading is not easy and is not a get rich quick scheme. To succeed in trading you'll have to put in the work and deal with stress, losses, fear, doubts, mental torture, late nights and early mornings, deep study and back-testing among many other things in the trading journey. I have had my fair share of all the above mentioned aspects and more that I talk about deeply in my private Chase Capital discord and I have se...