Posts

CHASE CAPITAL MENTORSHIP/TRADING COMMUNITY

Image
  Hello traders,  I hope you’re all well. This is to welcome you and inform you of the opening of the Chase Capital trading community to the public for educational purposes. Since 2022, we have been doing private mentorship sessions with private clients from our discord community and also private equity management with high net-worth investors. We also launched a public blog where we share market insights and analysis at 1chasecapital.blogspot.com which has gotten amazing feedback from traders. After an increasing number of requests for availability to join the Chase Capital trading community, we have made it open for the public to join at a subscription fee of 100USD Monthly, 300USD Quarterly and 500USD Annually. This decision has been carefully thought through and considered. The Chase Capital mentorship/trading community is fully online and entails building a trading strategy, developing a trading plan, risk management, trading psychology and trading discipline. This will ...

AUDUSD MARKET ANALYSIS

Image
  Hello traders, it's a new week in the markets meaning new opportunities up for grabs. Into the markets this week, I am looking at AUDUSD where price rallied to a major H4 & daily supply zone at 0.66450 & 0.66160 which is the origin of the previous major drop to the major H4 & daily demand zone at 0.64800 & 0.64540. Price filled the major H4 & daily range from the major H4 & daily supply zone to the major H4 & daily demand zone and back to the major H4 & daily supply zone. Price rallied into the zone and dropped by a constant push away from the zone with candle closes below supply and formed a lower low at 0.65900. Price retraced to retest supply at 0.66160 before a potential continuation of the drop. Took sell positions during NY session at 0.66160 with SL at 0.66360. Setup taken is a rally base drop, a reversal setup and my target is at 0.65200. Price dropped back to the previous H1 low at 0.65900 and gained more momentum during Asian session form...

THE FEDERAL RESERVE

Good afternoon traders, it's an amazing Sunday afternoon and I hope you're all doing well and enjoying your Sunday with friends and family. Today I'd like to focus on a topic that is very crucial for traders which is the Federal Reserve. Traders know that the Federal Reserve bank is the Central Bank regulating the US dollar. Last week, the Fed released their interest rates on Wednesday where they maintained their rates at 5.50% during the FOMC meeting. Most traders only know of the FED but don't know of the structure of the Federal Reserve so let's get into it.  The Federal Reserve System comprises of three key entities which are: 1. Federal Reserve Board of Governors 2. 12 Federal Reserve Banks 3. Federal Open Market Committee The Federal Reserve Board of Governors comprises of seven governors who are nominated by the President of the United States and confirmed in their positions by the U.S Senate. The Federal Open Market Committee (FOMC) has 12 voting members who...

AUDUSD MARKET ANALYSIS

Image
  Good afternoon traders, it's another new week in the financial markets and I hope you're all ready to take advantage of the various opportunities in the markets. Into the markets today I'm looking at AUDUSD where market opened this week with price at 0.64200 and rallied back to supply at 0.64540 which was the origin of the previous drop to 0.63700. Price rallied back to supply and the previous H4 high at 0.64540 and formed a rejection wick with candle closes below supply during Asian session followed by a drop lower. Took sell positions during late Asian session at 0.64300 with SL at 0.64550. Setup taken is a rally base drop, a reversal setup and my target is at 0.63400.

AUDUSD MARKET ANALYSIS

Image
  Hello traders, it's another day in the financial markets and I hope you've had a wonderful week. Into the markets today, I am looking at AUDUSD where price rallied to a major H1 & H4 supply zone at 0.64800 & 0.64542 which was a previously broken demand zone. Price formed lower lows on H4 at 0.64000 then retraced back to retest the zone as new supply before a continuation of the drop. Price rallied to 0.64542 and formed rejections with candle closes below supply followed by a drop. Took sell positions during NY session at 0.64408 with SL at 0.64608. Setup taken is a rally base drop, a reversal setup and my target is at 0.63700.  Price gained momentum into NY session dropping to o.64000 and gained more momentum during Asian session forming lower lows, taking out the previous H4 low at 0.64000. Price dropped 70 pips to 0.63600, hitting my TP then reversed and rallied to 0.64240. Target hit.  

USDCHF MARKET ANALYSIS UPDATE

Image
  Good morning traders, I hope you're all doing well and you're ready for the new trading week. Into the markets this week I am still watching out for USDCHF since last week as price still hasn't made the anticipated move. Market opened this week with price rallying higher as it failed to break the previous H4 low at 0.90000. Price rallied back to supply and missed my sell limit order at 0.90670 and reversed from 0.90650 leaving a rejection wick followed by a drop lower. Took sell positions during NY session at 0.90567 with SL at 0.90670. Setup taken is a rally base drop, a reversal setup and my target is at 0.89100. Price dropped 60 pips to the previous H1 & H4 low at 0.90000 and failed to break it and instead gained strong bullish momentum after the CPI news release. Price rallied deeper into supply and broke it forming new highs hence hitting my SL and taking out my positions. Price formed new highs at 0.91430 then retraced to retest the broken supply as new demand b...

USDCHF MARKET ANALYSIS

Image
  Ola Ola traders good afternoon, I hope you're all doing great this fine afternoon and you've been active in the markets this week as this is Non-farm Payrolls (NFP) week. Into the markets today, I'm looking at USDCHF where price rallied to a major H4 & daily supply zone at 0.91084 & 0.90700 which was the origin of the previous major drop. Price rallied into the supply zone at 0.90920 then formed a strong bearish engulfing on H4 with candle closes below supply. Price dropped to 0.90260 forming a lower low then retraced back to supply during Asian session into London session. Took sell positions during mid-London session at 0.90661 with SL at 0.90870. Setup taken is a rally base drop, a reversal setup and my target is at 0.89100.

GBPUSD MARKET ANALYSIS

Image
  Good afternoon traders, I hope you're all doing well and are ready for the opportunities in the markets this week. Into the markets I'm looking at GBPUSD where price broke a key H1 & H4 demand zone at 1.26550 & 1.26100 and formed lower lows at 1.25900 with candle closes below the zone. Price retraced to retest the broken demand as new supply before a continuation of the drop lower. Took sell positions during London session at 1.26507 with SL at 1.26750. Setup taken is a drop base drop, a continuation setup and my target is at 1.25400.  Price faked out a rally to 1.26650 then left a rejection wick with candle closes inside the zone followed by a drop during NY session open. Price gained momentum during NY session but failed to form candle closes below the zone. I'm still holding my positions to my anticipated target at 1.25400. Price has dropped 40 pips to 1.26100 but still hasn't formed candle closes below supply to confirm the bearish sentiment. Price failed ...

USDCHF MARKET ANALYSIS

Image
Good morning traders, it's a chilly morning outside but it's hot inside the markets with plenty of market opportunities. Into the markets today I'm looking at USDCHF where price rallied into a key H1 & H4 supply zone at 0.88900 & 0.88600 which was the origin of the previous drop to the key H4 low at 0.87500. Price filled the major H4 range from the key H1 & H4 supply zone to the H4 low and back to the key H1 & H4 supply zone. Price rallied into the zone and formed a strong H4 bearish engulfing candle with candle closes below supply followed by a drop to the 1st H4 low at 0.88200. Price retraced to retest the key H1 & H4 supply zone at 0.88600 before a potential continuation of the drop. Took sell positions during NY session at 0.88650 with SL at 0.88850. Setup taken is a rally base drop, a reversal setup and my target is at the H4 low at 0.87700. Price rallied deeper into supply putting my positions in drawdown but I held my positions. Price gained stron...

GBPUSD MARKET ANALYSIS UPDATE

Image
  Good morning traders, it's been a slow week in the markets but I hope you're watching out for potential setups and being patient. Here's an update on the GBPUSD setup I shared on the previous post. Price formed candle closes inside the zone followed by a strong H1 bullish engulfing candle to 1.26550 showing the bullish sentiment was right but my entry was early and that's how I got stopped out. Took buy re-entry positions during pre-NY session at 1.26504 with SL at 1.26300. Setup taken is a rally base rally, a continuation setup and my target is at 1.27600. Price failed to form candle closes above demand and instead formed a strong H1 bearish engulfing invalidating my bullish sentiment hence closing out my positions.  Took buy re-entry positions during NY session at 1.26418 with SL at 1.26200. Setup taken is a rally base rally, a continuation setup. Price rallied to 1.26700 during late NY session and formed candle closes above demand. Price retraced to retest demand a...

GBPUSD MARKET ANALYSIS

Image
  Good morning traders, I hope you're all doing well and you've had a splendid trading week. Into the markets today I'm looking at GBPUSD where price broke the key H1 & H4 supply zone at 1.26570 & 1.26100 and formed a higher high on H1 & H4 at 1.27000 confirming a potential shift in market structure to bullish. Price retraced to retest the broken H1 & H4 supply zone as new demand before a continuation of the prevailing bullish trend. Took buy positions during London session at 1.26500 with SL at 1.26300. Setup taken is a rally base rally, a continuation setup and my target is at 1.27700, the major H4 high and supply zone for the major H4 range to be filled.