CHA$E CAPITAL

Good evening traders, I'm looking into GBPUSD where market opened this week with price inside the key H1 & H4 supply zone at 1.24316 & 1.23954 which is the origin of the previous drop to the H4 demand zone at 1.21315 & 1.20881 and the major H4 & daily demand zone at 1.18529 & 1.17548. Price filled the major H1 & H4 range from the key H1 & H4 supply zone to the H4 demand zone and back to the key H1 & H4 supply zone. Price formed rejection wicks on H1 & H4 with candle closes below supply. Took sell positions during pre-London session at 1.23940 with SL at 1.24240. Setup taken is a rally base drop, a reversal setup and my target is at the H4 demand zone at 1.21315 & 1.20881. Price faked out a rally deep into supply and formed a strong H1 bearish engulfing candle with candle close below supply hence forming a rejection wick on H4 followed by a drop away from supply. Price gained more bearish momentum during NY session dropping 50 pips to the 1st ...

Good morning traders, it's another Monday, the start of a new week in the financial markets and that means new opportunities. I'm looking at NAS100 where market opened this week with price inside a major H1 & H4 supply zone at 12162.40 & 12034.89 which is the origin of the previous drop to the minor H4 demand zone at 11604.23 & 11505.36 and the major H4 & daily demand zone at 10828.52 & 10677.46. Price rallied into the major H1 & H4 supply and formed a strong rejection wick on H4 with candle close inside supply followed by a slight drop. Took sell positions during pre-London session at 12106.60 with SL at 12230.05 and pending sell limit orders at 12162.40. Setup taken is a rally base drop, a reversal setup and my target is at the H4 demand zone at 11604.23 & 11505.36.  

Good evening traders, it has been quite a week in the markets with lots of consolidations but it has also presented profitable setups. Into the EURCAD markets, price dropped in one large H1 bearish engulfing to 1.45431 followed by a drop to the 1st H1 low at 1.45190. Price failed to break the law and rallied back into supply forming a slight consolidation at 1.45338. Price dropped 110 pips to the 1st H1 low at 1.45190 then strongly rallied back into supply to the previous H4 high at 1.46280. Price formed rejection wicks with candle closes inside supply and failed to break the H4 high. Price reversed and strongly dropped 130 pips away from supply in all bearish candles on H1 and 3 strong H4 bearish candles back to the H1 low at 1.45190 confirming a shift in market structure to bearish. Price retraced to 1.45300 on H1 forming a lower high then gained more bearish momentum taking out the H1 low and dropping lower to 1.44555 approaching the H1 & H4 low at 1.44200. Price has dropped 180...

  Hello traders, its a beautiful Wednesday morning with the blues from the previous trades still dawning on us and I hope you all took advantage of them as I'm still holding my positions to the respectively mentioned targets in the analysis. Into the charts today I'm looking at GBPUSD market where price rallied to a major H1 & H4 supply zone at 1.24316 & 1.23954 which is the origin of the previous drop to the major daily demand zone at 1.18529 & 1.17548. Price filled the major H4 & daily range from the major H1 & H4 supply zone to the major daily demand zone and back to the major H1 & H4 supply zone. Price rallied into the major H1 & H4 supply zone and formed a strong rejection wick with candle close inside supply on H1 & H4 followed by a drop away from supply to the 1st H1 low at 1.23400. Price failed to break the H1 low and retraced back to retest supply during Asian session before a continuation of the drop. Price rallied inside supply to 1.24...

  Good afternoon traders, into the markets with another pair that I'm watching which is USDCHF that has been on a bearish trend for a while in relation to a weak dollar index (DXY) which has recently found a major daily support level. Price dropped from a major H1 & H4 supply zone at 0.93988 & 0.93622 to a key H4 demand zone at 0.91598 & 0.91221 which is the origin of the previous rally to the major H1 & H4 supply zone. Price dropped into demand and formed a strong rejection wick on H4 with candle close inside demand followed by a strong rally out of demand to the 1st H4 high at 0.92330. Price failed to break the H4 high and dropped back to retest demand before a continuation of the rally.  Price dropped to 0.91600 and missed my pending buy limit orders at 0.91570 with SL at 0.91270. Price strongly rallied away from demand in 3 strong H1 bullish candles to 0.92175. Took buy positions during London session at 0.91948 with SL at 0.91600. Setup taken is a drop bas...

  Good morning traders, I hope you all had an amazing weekend and you're ready to tackle the new week in the markets as a new week comes with new opportunities. Into the markets today I'm looking at EURCAD where price rallied into a major H4 & daily chart supply zone at 1.46118 & 1.45338 which is the origin of the previous drop to the 1st H4 demand at 1.43404 & 1.42625 and also the major drop to the major daily demand zone at 1.34095 & 1.33204. Price filled the H1 & H4 range from the major H4 & daily supply to the 1st H4 demand zone and back to the major H4 & daily supply zone. Price rallied into supply and faked out a break with candle close above supply on H1 & H4 but on the daily chart price formed a strong rejection wick with candle close inside supply. This was followed by a strong bearish engulfing candle on H4 back into supply then a slight drop to 1.45338 still inside supply as market closed last week. Market opened this week and rallied...

Hello traders, it has been quite a profitable week with the previous pairs EJ and GJ and now I'm indulging into the GBPUSD market. Into the charts, price rallied to a major H4 & daily supply zone at 1.24315 & 1.23422 which is the origin of the previous drop to the H4 & daily demand zone at 1.18530 & 1.17548. Price has filled the H4 & daily range from the major H4 & daily supply to the H4 & daily demand zone and back to the H4 & daily supply zone. Price rallied into supply and formed strong rejection wicks on H1 & H4 with candle closes inside supply followed by a slight drop to 1.23400 with candle close below supply. Took sell positions during NY session at 1.24184 with SL at 1.24540. Setup taken is a rally base drop, a reversal setup and my target is at the H4 low at 1.21000.

  Good evening traders, this week in the markets is going on well with quite a number of profitable opportunities presenting themselves and it is our duty to take advantage of such opportunities. Into the charts today I'm looking at NZDCAD and GBPUSD whose analysis I'll be dropping in the next post. Looking into NZDCAD, price rallied to a major H4 & daily supply zone at 0.87694 & 0.87220 which is the origin of the previous drop to the H4 demand zone at 0.84790 & 0.84444. Price has filled the H4 range from the H4 & daily supply zone to the H4 demand zone and back to the H4 & daily supply zone. Price rallied back to the H4 & daily supply zone at 0.87220, formed a strong rejection wick on H1 & H4 with candle close below supply followed by a strong drop away from supply in 3 H1 bearish candles to 0.86670. Took sell positions during NY session at 0.87216 with SL at 0.87600. Setup taken is a rally base drop, a reversal setup and my target is at the H4 dema...