CHA$E CAPITAL

  Good evening traders, it's quite a chilly evening and I hope you're all warm and locked in the markets as they have started the week with tremendous moves especially after yesterday's CPI news release and today's PPI report release. Into the markets today, I'm looking at NZDUSD where price rallied from a key H1 & H4 demand zone at 0.58900 & 0.58657, rallying 180 pips to the key H1 & H4 supply zone at 0.60474 & 0.60283 which is the origin of the previous drop to the H1 & H4 demand and the major H4 demand zone at 0.57985 & 0.57794. Price has filled the major H4 range from the H1 & H4 demand to the previous H1 high at 0.60000 and back to the major H1 & H4 supply zone. Price rallied into the key H1 & H4 supply zone and formed rejections with candle closes inside supply followed by a drop in a H4 bearish engulfing candle with candle closes below supply. Took sell positions during NY session at 0.60480 with SL at 0.60780. Setup taken ...

  Hello and happy Sunday everyone, I hope you're enjoying your weekend and also refreshing and getting ready for the new trading week from tomorrow. I'd like to go through setups I had last week on 2 pairs GBPUSD & EURUSD and their projections for the coming week. Into GBPUSD, price formed a new high at 1.24200 on H1 & H4 then dropped back to the previously broken supply. Price dropped deeper into the zone at 1.22676, formed a bullish push on H1 & H4 to 1.23100 and failed to form any candle close above the zone to show any possible bullish reversal. Price instead dropped lower to 1.22450 forming candle closes below the zone showing a potential continuation of the drop. Price formed a lower low then retraced to retest the zone before a continuation of the drop. Took sell positions during NY session at 1.23000 with SL at 1.23250. Setup taken was a drop base drop, a continuation setup. Price dropped 100 pips to 1.22000 confirming the bearish sentiment and closed the we...

  Good evening traders, it's a chilly weekend here and I hope you had a profitable week in the markets. It has been quite an eventful week in the markets with major fundamental news releases like the FOMC federal funds rate release, the Bank of England monetary policy report release, the US Unemployment claims release and ending the week with the Non-farm payroll release yesterday from the US Bureau of Labor Statistics. Into the markets, I took buy positions on GBPUSD at 1.21000 with SL at 1.20700 as said on the previous post. Price rallied 90 pips to the 1st H1 high at 1.22000 filling the 1st H1 minor range from the H1 & H4 demand zone to the H1 high and back to the key H1 & H4 demand zone. Price failed to break the H1 high at 1.22000 and instead retraced back to the H1 & H4 demand zone. Price accumulated more bullish orders that would take out the H1 high and push price higher to confirm a shift in market structure to bullish. Price rallied from the H1 & H4 demand...

  Good morning traders, it's the end of October and I hope your trading month has been profitable admist the major economic events that took place within the month. Into the markets today I'm looking at GBPUSD where price dropped to a key H1 & H4 demand zone at 1.21040 & 1.20561 which is the origin of the previous major rally to the H1 & H4 supply zone at 1.22724 & 1.22444. Price filled the H1 & H4 range from the key H1 & H4 demand zone to the H1 & H4 supply zone and back to the key H1 & H4 demand zone. Price dropped into the H1 & H4 demand zone at 1.20750 then rallied out of demand to the 1st high at 1.21500. Price retraced to retest demand at 1.21000 after a slight consolidation before a potential continuation of the rally. Took buy positions during London session at 1.21000 with SL at 1.20700. Setup taken is a drop base rally, a reversal setup and my target is at 1.22400. Price gained momentum during London session rallying in 2 bullish H1...

Hello traders, here's an update of the previous GBPUSD analysis that I posted earlier. Price failed to get to my anticipated target and instead retraced during Asian session into London session back to the previous H1 high at 1.27870 below the key H1 & H4 supply zone at 1.28533 & 1.28072. Price gained strong bullish momentum taking out the liquidity at the H1 high at 1.27870 below supply and rallied to the key H1 & H4 supply at 1.27870 during NY session after which price formed a strong rejection wick on H1 & H4 with candle close below supply followed by a strong drop after the CPI news release. Price gained strong bearish momentum dropping 130 pips in all bearish candles to 1.26700, lower than my previously anticipated target of the H1 low at 1.26900. I should've taken the sell positions after price rallied into supply and formed the rejection wick as price had taken out liquidity and was ready to shift bias to strong bearish.

  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 ...