USD/JPY downtrend live daytrade

Categories: Daily Technical Analysis Tips and Picks

It will be crazy if you don’t trade USD/JPY pair. Look at the daily chart, it is on a very strong downtrend! Then go down to the 15min chart (see above). When you find any retracements, just short it. Look for signals for confirmation, like the way I traded this pair. Negative divergence on RSI […]

It will be crazy if you don't trade USD/JPY pair. Look at the daily chart, it is on a very strong downtrend! Then go down to the 15min chart (see above). When you find any retracements, just short it. Look for signals for confirmation, like the way I traded this pair. Negative divergence on RSI and Stochastic, accompanied by a strong rejection candlestick. Just Trade It! Look for major trends like this yen pair, follow the trend, wait for a retracement, look ... Read More

GBPUSD uptrend trade alert

Categories: Daily Technical Analysis Tips and Picks

GBPUSD is sitting on a multiple previous resistance on a Daily Chart. It is on a highly possible uptrend. It is a powerful uptrend as resistance becomes support . This is a signal to go long, so trade with the trend because it’s your friend. Never trade counter-trend, read my previous posts n 78 essential […]

GBPUSD is sitting on a multiple previous resistance on a Daily Chart. It is on a highly possible uptrend. It is a powerful uptrend as resistance becomes support . This is a signal to go long, so trade with the trend because it's your friend. Never trade counter-trend, read my previous posts n 78 essential strategies and you will know why. Never try to be a market maker because you are not, so go with the flow. Trade Well :) Read More