CHA$E CAPITAL

  Hello traders, it's another amazing Thursday and today we'll be having the CPI news release during NY session which we expect to bring volume into the markets. Into the EURUSD market, price rallied deeper into supply during London session into NY session hence closing out my previous impulse sell positions. Price rallied into supply and formed a strong rejection wick on H1 & H4 with candle closes inside supply. Price gained strong momentum from the CPI news release causing a strong liquidity grab to 1.10660. Took sell positions during NY session at 1.10450 with SL at 1.10700. Setup taken is a rally base drop, a reversal setup and my target is at 1.09300, the key H1 low. Price dropped to the 1st H1 low inside supply at 1.10150 then retraced back to entry. Price then formed a H1 bearish engulfing candle with candle close inside supply followed by 2 weak bearish candle without candle closes below supply hence closing out my positions. Price gained more bearish momentum durin...

  Hello traders, here's another outlook I have on EURUSD where price retraced back to the key H1 & H4 supply zone at 1.10390 & 1.09939 which is the origin of the previous drop to the H1 & H4 low at 1.09200. Price has filled the H1 & H4 range from the key H1 & H4 supply zone to the H1 & H4 low and back to the key H1 & H4 supply zone. Took sell positions during London session at 1.09821 with SL at 1.10080 as price missed my pending sell limit orders at 1.09950 with SL at 1.10250. Setup taken is a rally base drop, a reversal setup and my target is at the H1 & H4 low at 1.09200 before price either reverses or breaks and continues with the drop. Price dropped 20 pips to 1.09690 then retraced back to supply after which the market started forming choppy price action hence closing out my positions and waiting for tomorrow for better structure to take trades.

  Good morning traders, I hope you're all doing well and you're deeply emerged into the opportunities presenting themselves in the financial markets. Into the markets today, I'm looking at GBPUSD where price rallied back to the previous H1 high at 1.27870 and failed to break it hence filling the 1st H1 & H4 range from the H1 high to the H1 low at 1.26850 and back to the H1 high at 1.27870, below the key H1 & H4 supply zone at 1.28533 & 1.28072 which is the origin of the previous drop. Took sell positions during London session at 1.27644 with SL at 1.28000. Setup taken is a rally base drop, a reversal setup and my target is at the H1 low at 1.26900.  Price dropped 40 pips in 2 strong H1 bearish candles to 1.27375 confirming the bearish sentiment and still showed more bearish potential. Price gained bearish momentum during NY session dropping 60 pips to 1.27120. However, price failed to get to my target and instead retraced hence closing out my positions to wait f...

  Good afternoon traders, it's a great Thursday where we've had 2 previous profitable trades and now onto another one (inserts DJ Khaled's voice). Into the markets today, I'm looking at USDCAD where price rallied into a key H1 & H4 supply zone at 1.33772 & 1.33318 which is the origin of the previous major drop to the key H4 demand zone at 1.31305 & 1.30997. Price has filled the major H1 & H4 range from the key H1 & H4 supply zone to the key H4 demand zone and back to the key H1 & H4 supply zone. Price rallied into the key H1 & H4 supply zone and formed candle closes inside supply on H1 & H4. I anticipate a potential bearish reversal to take shorts. Took sell positions during pre-NY session at 1.33738 with SL at 1.34030 as price missed my pending sell limit orders at 1.33780. Setup taken is a rally base drop, a reversal setup.

Hello traders, another pair I'm looking at is GBPUSD as I mentioned in my previous post. Into the market, GBPUSD price dropped and broke a key H1 & H4 demand zone at 1.28533 & 1.28072 which is the origin of the previous rally to the H1 & H4 supply zone at 1.29887 & 1.29449. Price broke the key H1 & H4 demand zone and formed a lower low at 1.27600. Price retraced to retest the broken demand as new supply before a continuation of the drop. Took sell positions during London session at 1.27738 with SL at 1.28100. Setup taken is a drop base drop, a continuation setup and my target is at 1.26200, close to the H4 demand zone at 1.26004 & 1.25318. Price has been in constant consolidation below the zone since forming the lower low over Asian session into London session and still approaching NY session hence missing my 1st pending sell limit orders at 1.28100 and also putting my current positions in drawdown. However, I anticipate momentum during NY session for price ...

  Good afternoon everyone and Happy new month. It's an amazing start of the beautiful month of August after a busy ending of July which was flooded with fundamental news events and also profitable trade opportunities. Into the markets today, I'm looking at EURUSD and GBPUSD which I'll drop the analysis on the next post. EURUSD price dropped to a key H1 & H4 demand zone at 1.10390 & 1.09832 which was the origin of the previous rally to the H1 high at 1.11400. Price broke below the H1 & H4 demand zone and formed a lower low at 1.09540. Price retraced to retest the broken demand as new supply before a potential continuation of the drop lower. Price retraced to 1.10390 then dropped back to the H1 lower low at 1.09540. Price failed to break below and instead retraced back into the zone. Took sell positions during London session at 1.09907 with SL at 1.10230. Setup taken is a drop base drop, a continuation setup and my target is at 1.08500. Price retraced to retest su...

  Hello traders, it's another day to reap some gains from the opportunities presenting themselves in the markets so everyone buckle up. Into the markets today, I'm looking at EURUSD where price dropped into a major H4 & daily demand zone at 1.10564 & 1.09832 which is the origin of the previous major rally to the key H1 & H4 supply zone at 1.12548 & 1.12094. Price has filled the H1, H4 & daily range from the major daily demand zone to the key H1 & H4 supply zone and back to the major daily demand zone. Price dropped into demand and formed rejection wicks on H1 with candle close inside demand followed by a slight rally by a constant push away from demand. Took buy positions during London session at 1.10562 with SL at 1.10240. Setup taken is a drop base rally, a reversal setup and my target is at 1.12100 at the key H1 & H4 supply. Price gained momentum during London session into NY session rallying 30 pips to the 1st H1 high at 1.10820. Price failed to ...

Good afternoon traders, it's another new week meaning a new start of opportunities in the financial markets and I hope you're all ready to take advantage and make some profits. Into the markets today, I'm looking at XAUUSD where price dropped from a major H1 & H4 supply zone at 1980.03 & 1966.29 which is the origin of the previous major drop to the H4 demand zone at 1938.96 & 1929.79. Price dropped to 1958.00 with candle closes below supply followed by a rally to retest supply before a continuation of the drop. Took sell positions during NY session at 1966.30 with SL at 1972.00. Setup taken is a drop base drop, a continuation setup and my target is at the 1st H1 low at 1948.00. Price dropped 70 pips to the 1st H1 minor low at 1959.30 in one strong H1 bearish engulfing candle confirming the bearish sentiment. Price gained stronger bearish momentum during late NY session taking out the minor H1 low and forming a lower low at 1954.58 confirming a shift in market st...

  Good morning traders, I hope you're all doing well. It's a bright Thursday morning as I'm still holding my EURCAD shorts positions which is currently 150 pips deep in profit from the analysis I dropped on my previous post. Into the markets today I'm looking at EURUSD where price formed a supply zone on H1 & H4 at 1.12548 & 1.12094 after rallying strongly and creating new highs at 1.12600. Price has been in consolidation at this level since Monday and finally formed a lower low at 1.11800 yesterday during NY session. Price rallied into supply and formed strong rejection wicks on H4 with candle closes inside supply followed by a drop to 1.11800 with candle closes below supply. Took sell positions via sell limit orders at 1.12100 with SL at 1.12400. Setup taken is a rally base drop, a reversal setup and my target is at 1.10700, at the previous broken supply zone at 1.10670 & 1.09823. Price first rallied to 1.12300 putting my positions in drawdown before the a...

  Good afternoon traders, it's another bright Wednesday filled with opportunities in the financial markets and it is our obligation as traders to take advantage of that as it is our daily bread. Into the markets today, I'm looking at XAUUSD where price rallied into a major H1 & H4 supply zone at 1980.03 & 1965.98 which is the origin of the previous major drop to the H1 & H4 demand zone at 1938.63 & 1929.46 and the major H4 & daily demand zone at 1902.64 & 1896.28. Price has filled the major H4 & daily range from the major H1 & H4 supply zone to the H1/H4 demand and the major H4 & daily demand zone and back to the major H1 & H4 supply zone. Price rallied into supply and formed a strong rejection wick on H4 with candle close inside supply followed by a H4 bearish engulfing candle showing a potential bearish reversal. Took sell positions during London session at 1978.23 with SL at 1985.60. Setup taken is a rally base drop, a reversal setup a...

  Good afternoon traders I hope you're all doing well and you're ready to take advantage of the opportunities in the markets. Into the markets today, I'm looking at EURCAD where price has rallied into a key H1 & H4 supply zone at 1.48863 & 1.18484 which is the origin of the previous major drop to the key H4 & daily demand zone at 1.45115 & 1.44638. Price filled the major H4 & daily range from the key H1 & H4 supply zone to the key H4 & daily demand zone and back to the key H1 & H4 supply zone. Price rallied into supply and formed a strong rejection wick inside supply followed by a H1 bearish engulfing candle with 2 candle closes below supply on H1 but on H4 price left a strong rejection wick. Took sell positions during London session at 1.48464 with SL at 1.48850. Setup taken is a rally base drop, a reversal setup and my target is at the next H4 demand zone at 1.46546 & 1.46146 at 1.46600. Price rallied deeper into supply hence putting my...