CHA$E CAPITAL

  Good morning traders, many times in our trading industry we often talk about psychology and how it affects our trading in different aspects. However, how deep do we indulge when describing psychology as a vital part in one's trading life in order to achieve success. The human mind is a powerful formless (non-physical) continuum that functions to perceive and understand. As the mind is formless in nature it is not obstructed by physical objects, an advanced aspect of your true being. It is important to distinguish the disturbed states of mind from peaceful states. Each day one's state of mind determines one's ability to abide by one's rules and act accordingly in the markets. If one is unaware of their inner process of thinking, thoughts of an uncertain future and memories of a painful past will manufacture anxiety, stress, doubt and self-criticism in the present. The pressure to perform, to sustain a living, to pay the bills, if left unmanaged is what will affect one...

  Good morning traders I bet you're all ready for this week in the markets and as always I got you covered with in depth analysis. Into the charts I'm looking at GBPJPY where price dropped to a major H4 & daily demand zone at 156.242 & 155.517 which is the origin of the previous rally to the H4 supply zone at 161.646 & 160.670. Price filled the H1 & H4 range from the major H4 & daily demand to the H4 supply zone and back to the H4 & daily demand zone. Price dropped into demand forming a strong rejection wick with candle close inside demand on H4. Price then rallied out of demand to 156.767 then retraced to retest demand at 156.242 before a continuation of the rally. Took buy entries during London session at 156.580 with SL at 156.030. Setup taken is a drop base rally a reversal setup and my target is at the H4 supply zone at 161.646 & 160.670. Price slightly consolidated on H1 by rallying to 157.000 then dropped back to entry leaving a strong rejecti...

  Hello traders I hope you all had an amazing weekend and are ready to tackle this new week in the markets. Into the charts today I'm looking at EURJPY and GBPJPY whose analysis I'll drop on my next post. EURJPY price dropped to a major H1 & H4 demand zone at 138.299 & 137.689 which is the origin of the previous rally to the H4 high at 142.730. Price has filled the H1 & H4 range from the major H1 & H4 demand zone to the H4 high at 142.730 and back to the major H1 & H4 demand zone. Price dropped into the H1 & H4 demand and formed a rejection wick on H4 with candle close above demand followed by a bullish push away from demand.  Took buy entries during London session at 138.715 with SL at 138.270. Setup taken is a drop base rally a reversal setup and my target is at the H4 high at 142.730. Price rallied in form of a strong bullish candle on H1 to 139.200. Price slightly consolidated before breaking the H1 high at 139.200 and forming a higher high at 139.5...

Hello traders this has been quite an eventful week in the markets with fundamental events happening such as the CPI report release that happened today and I hope you have all taken advantage of the volatility it has brought in the markets. Into the charts today I've been watching USDCAD where price dropped from a key H4 supply zone at 1.36900 & 1.36455 which is the origin of the drop to the key H1 & H4 demand zone at 1.34810 & 1.34422. Price rallied back to retest the key H4 supply at 1.36455, leaving a strong rejection wick on H4 with candle close below supply followed by a strong drop that pushed price further down breaking the H1 & H4 zone at 1.34810 & 1.34422 and forming a lower low at 1.33620. Price rallied to retest the key broken H1 & H4 demand zone at 1.34810 & 1.34422 as new supply before a continuation of the drop to the next H4 and daily demand zone at 1.32509 & 1.31546. Took sell entries during NY session at 1.34526 with SL at 1.34740. Se...

  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...