CHA$E CAPITAL

  Good evening traders, I hope you're all having a great weekend and you're ready to tackle the new incoming trading week. During the previous trading week on Friday, the U.S. Bureau of Labor Statistics reported during NY session that the total nonfarm payroll employment rose by 311,000 in February and the unemployment rate edged up to 3.6%. This was a drop from January's report of 504,000, hence causing a strong decline in the dollar index from 105.380 inside the key H1 & H4 supply zone at 105.761 & 105.280 to the 1st H4 low at 104.200 and closed the week at 104.653. Price rallied into the key H1 & H4 supply zone which is the origin of the previous drop to the major H4 & daily demand zone at 101.295 & 102.472 filling the major daily range from the key H1 & H4 supply zone to the major H4 & daily demand zone and back to the key H1 & H4 supply zone. Price rallied into supply and faked out a break on H1 & H4 but on the daily chart price form...

  Hey traders, I'm looking at a potential GBPUSD setup as price dropped into a major H1 & H4 demand zone at 1.19230 & 1.18564 which is the origin of the previous rally to the major H1 & H4 supply zone at 1.24326 & 1.23924. Price filled the major H4 range from the major H1 & H4 demand zone at 1.19230 & 1.18564 to the major H1 & H4 supply zone at 1.24526 & 1.23924 and back to the major H1 & H4 demand zone. Price dropped to the H1 & H4 demand zone at 1.19230 and formed a rejection wick with candle closes above demand followed by a strong bullish push away from demand in a strong H1 bullish engulfing candle, a weak bullish candle and another strong H1 bullish candle. Took buy positions during London session at 1.19565 with SL at 1.19200. Setup taken is a drop base rally, a reversal setup and my 1st target is at the 1st H1 & H4 supply zone at 1.22473 & 1.21708 before price either shifts and reverses or breaks and continues with the rally. ...

  Good morning traders, I hope you're all well and had a great weekend charged up and ready for this new trading week. Into the markets today I'm looking at XAUUSD where price dropped into a major H1 & H4 demand zone at 1823.91 & 1807.90 which is the origin of the previous major rally to the key H1 & H4 supply zone at 1956.45 & 1947.09. Price filled the major H4 range from the major H1 & H4 demand zone at 1823.91 & 1807.90 to the key H1 & H4 supply zone at 1956.45 & 1947.09 and back to the major H1 & H4 demand zone. Price dropped into the H1 & H4 demand and formed a rejection wick with candle closes inside demand followed by a H1 bullish engulfing candle and a slight rally to 1812.00 showing a potential bullish reversal. Took buy positions during London session at 1808.53 with SL at 1803.00. Setup taken is a drop base rally, a reversal setup and my 1st target is at the H1 high and supply at 1846.00. Price rallied to 1820 and failed to ral...

  Good evening traders, it's another day in the markets after taking a loss on the previous USDCAD trade but we keep pushing. Into the markets today, I'm looking at NZDUSD where price dropped into a key H1 & H4 demand zone at 0.62228 & 0.61974 which is the origin of the previous rally to the major H4 & daily supply zone at 0.65538 & 0.64897. Price filled the H4 & daily range from the major H4 & daily demand zone to the H4 & daily supply zone and back to the H4 & daily demand zone. Price dropped into demand at 0.62000, formed a rejection wick with candle close inside demand followed by a rally out of demand to 0.62500. Price dropped to retest demand before a continuation of the rally. Price rallied to the 1st H1 high at 0.62600 and failed to break it and instead dropped back to demand. Price dropped deeper into demand back to the previous H4 demand at 0.62000 and failed to break it. Price formed strong rejection wicks on H4 with candle closes insi...

  Good morning traders, it's another week in the financial markets presenting new opportunities as I always say and I hope you're all ready to get it. Into the markets today, I'm looking into USDCAD where price rallied into a key H1 & H4 supply zone at 1.35116 & 1.34757 which is the origin of the previous drop to the H4 demand zone at 1.33053 & 1.32793. Price filled the H4 range from the key H1 & H4 supply to the H4 demand zone and back to the H1 & H4 supply zone. Price rallied into supply and faked out a break of supply on H1 but on H4 price formed strong rejection wicks with candle closes inside supply. Price dropped by a constant push away from supply with candle close below supply. Price dropped to 1.34440 forming a lower low then retraced to retest supply before a continuation of the drop. Took sell positions during London session at 1.34800 with SL at 1.35100. Setup taken is a rally base drop, a reversal setup and my target is at the H4  demand zon...

  Hello traders, as I mentioned in the previous post the CPI news had heavy effects on all dollar pair markets and I'm also looking at potential GBPUSD shorts. Price dropped from a major H4 & daily supply zone at 1.24326 & 1.23915 which is the origin of the previous drop to the major H4 & daily demand. Price dropped to 1.19760 then rallied to retest the H1 & H4 BOS at 1.22428 & 1.21930 before a continuation of the drop. Price rallied to the H1 & H4 BOS and spiked to 1.22428 during the CPI news forming a strong rejection wick with candle close inside BOS followed by a strong H4 bearish engulfing candle with a strong wick to the downside showing strong selling pressure. Took sell positions during NY session at 1.22108 with SL at 1.22440. Setup taken is a rally base drop, a reversal setup and my target is at the next H4 & daily demand zone at 1.18564 & 1.17548. Price dropped 60 pips to the 1st H1 low at 1.21500 in 2 strong bearish engulfing candles then...