CHA$E CAPITAL

  Good afternoon traders this amazing Wednesday I hope you're all great and ready to kick it in the financial markets as always. Into the markets today I'm looking at GBPUSD where price rallied to a key H4 supply zone at 1.22146 & 1.21476 which is the origin of the previous drop to the major H4 & daily demand zone at 1.18504 & 1.17548. Price has filled the H4 range from the key H4 supply zone to the major H4 & daily demand zone and back to the key H4 supply zone. Price rallied into supply and formed a rejection wick with candle close inside supply followed by a drop away from supply with candle close below supply. Took sell positions during London session at 1.21726 with SL at 1.22100. Setup taken is a rally base drop, a reversal setup and my target is at the major H4 & daily demand zone at 1.18504 & 1.17548. Price dropped 70 pips to 1.21015 forming a lower low on H1 then rallied back deep into supply and back to my entries. Price has been consolidating ...

  Good afternoon traders, it's the first week of the financial year 2023 and there has been quite some profitable opportunities in the markets showing a good start into the year. Today I'm looking at GBPUSD where price rallied to a key H1 & H4 supply zone at 1.21127 & 1.20696 which is the origin of the drop to the H1 & H4 low at 1.19070 after the major drop from the major supply zone on H1 & H4 at 1.24315 & 1.23463. Price formed a slight consolidation at supply on H1 before dropping sharply to the H1 low at 1.19070. Price then rallied back to the H1 & H4 supply filling the 1st H1 minor range from the H1 & H4 supply to the H1 low at 1.19070 and back to the H1 & H4 supply zone. Price rallied into supply forming strong rejection wicks at supply on H1 with candle closes below supply. Took sell entries during London session at 1.20704 with SL at 1.21000. Setup taken is a rally base drop, a reversal setup and my 1st target is the H1 low at 1.19070 befo...

Good afternoon traders and Happy New Year again. I hope you're ready and gassed up for the grind this year. Into the charts I'm looking at NASDAQ where price dropped to a key H1 & H4 demand zone at 10828.52 & 10677.46 which is the origin of the previous rally to the major H4 & daily chart supply at 12053.99 & 11959.98. Price has filled the major H4 & daily range from the key H1 & H4 demand zone to the major H4 & daily chart supply zone and back to the H1 & H4 demand zone. Price dropped into demand, formed candle close inside demand without any rejection wicks followed by a strong rally out of demand to the 1st H4 high at 11086.92.  Price failed to break the 1st H4 high and instead dropped back into demand to accumulate more bullish orders that would push price to take out the H4 high and rally higher. Price dropped into demand forming candle close inside demand followed by a slight bullish push away from demand.  Took buy entries during London s...

  Happy New Year traders, its a new year 2023 I hope you all had a good time during the festive season and spent quality time with friends and family as that's what matters. Coming into the New Year every trader has resolutions and goals one sets to achieve in this financial year, make it count and work towards achieving it. Into the markets today, NZDCAD price rallied to a key H1 & H4 bearish BOS at 0.86157 & 0.85754 which was the origin of the previous drop to the H4 low at 0.84620 after the drop form the major daily chart supply zone at 0.87694 & 0.87180. Price has filled the minor H1 & H4 range from the H1 & H4 BOS to the H4 low at 0.84620 and back to the H1 & H4 BOS. Price rallied into the bearish BOS and formed a strong rejection wick on H4 with candle close below the bearish BOS. On H1 price formed a strong rejection wick with candle close inside supply followed by a constant drop away from supply in 3 strong bearish candles confirming the bearish sen...

  Good morning traders and happy festivities this season as it is a time to spend with family, friends and loved ones after a long year of hustle and hard work. As the year comes to an end we'll get to see banks start closing for holidays meaning this is the last trading week of the year 2022 and this will also be my last trade of the financial year 2022. Into the markets today, XAUUSD price rallied to a key H1 & H4 supply zone at 1822.25 & 1808.63 which is the origin of the previous drop to the H4 demand at 1774.00. Price has filled the minor H1 & H4 range from the key H1 & H4 supply zone to the H4 demand and back to the H1 & H4 supply zone. Price rallied into supply forming a rejection wick with candle close inside supply followed by a strong drop to the H4 low at 1774.00 then rallied back into supply. Price rallied back into supply and formed a rejection wick and candle closes inside supply followed by a slight drop on H1 in 3 bearish candles showing a potent...

  Hello traders, I hope you're all well and on the grind as the markets never sleep. Into the NZDCAD chart, price rallied to a major daily chart supply zone at 0.87675 & 0.87013 which is the origin of the previous drop to the major daily demand zone at 0.77338 & 0.76680. Price has filled the major daily range from the major daily supply to the major daily demand zone and back to the major daily supply. Price rallied into supply and faked out a break of supply on H1 but on H4 and the daily chart price formed a strong rejection wick with candle close inside supply followed by a slight drop away from supply showing a potential reversal.  Took sell entries during London session at 0.87273 with SL at 0.87700. Setup taken is a rally base drop, a reversal setup and my target is at the 1st daily low at 0.83500. Price dropped 100 pips by a constant push away from supply to the 1st H4 low at 0.86360. Price failed to break the H4 low and instead rallied back to supply and back to...

Good afternoon traders, it's another day in the financial markets with many opportunities presenting themselves as the markets never lack opportunities. I hope you're all good and taking advantage of the liquidity and volatility in the markets this week as banks will start going for holidays as from next week meaning the markets will lack volatility. Today I'm looking at GBPCHF and NZDCAD which I'll write about on my next post. Into the GBPCHF market, price rallied to a key supply zone on the H4 & daily chart at 1.15700 & 1.15160 which is the origin of the previous drop to the major H4 & daily demand zone at 1.10747 & 1.09580. Price has filled the major H4 & daily range from the key H4 & daily supply to the H4 & daily demand zone and back to the H4 & daily supply. Price rallied into supply and formed a strong rejection wick with candle closes below supply followed by a slight drop away from supply in form of a H4 bearish engulfing candle....

  Good morning traders, I hope you're well and ready to end the year profitable as this week comes with a lot of high impact news that will bring lots of volatility in the markets from CPI to FOMC to monetary policy releases by major central banks. Into the charts today I'm looking at GBPJPY where price rallied to a key H1 & H4 supply zone at 169.456 & 168.892 which is the origin of the previous drop to the H4 & daily demand zone at 164.474 & 163.721. Price filled the H1 & H4 range from the H1 & H4 supply to the H4 & daily demand and back to the H1 & H4 supply. Price rallied into supply and formed strong rejection wicks and candle closes inside supply.  Took sell entries yesterday during NY session at 168.911 with SL at 169.270. Setup taken is a rally base drop, a reversal setup. Price strongly dropped away from supply by a strong H4 bearish candle during the CPI news release confirming a shift in market structure to bearish. Price dropped 190 p...