Get started

Tradingstrategies

EURCHF ____ BULLISH EXPANSION IS COMINGHello Traders, I've got a quick update for you. This is the daily timeframe and what we can see is that price is approaching the sell-side liquidity pool (equal lows) as marked on my chart. You will notice that in approaching this sell-side liquidity the bearish candles are beginning to lose momentum. This does not mean we can't see a strong bearish candle expand to takeout the sell-side liquidity. Just keep monitoring this pair. I will keep you guys updated. Cheers, David
Long
by jabariofafrica
EURCAD ____ INCOMING BULLISH EXPANSIONHello Traders, I am here again to give you my take on EURCAD. I have also done my best to mark the chart so you can train you eyes to sell certain things in the market. This pair is currently trading inside a weekly demand zone. Not only that it created relative equal lows (sell-side liquidity as marked on my chart) on both the daily timeframe and 1hour timeframe. As you can see on my chart, I am expecting it to take the sell-side liquidity first which will give it the momentum it needs to make the bullish expansion. I'm also expecting a bullish expansion on EURGBP, I will insert my analysis on the pair below. Take a look at my profile and see other reviews that I''m sure will be of interest to you. And if you like what you see, kindly give me a like or follow. See the EURGBP analysis below. Cheers, David
Long
by jabariofafrica
GBPSGD ____ INCOMING BEARISH EXPANSIONHello Traders, This pair which is a new addition to my watchlist is looking interesting. Let me tell you why... Firstly, the price just took out Dec 2022 high and reacted. You would see my label on my chart. Now price made a bearish expansion but not before taking out the relative equal highs as marked on my chart. Now that price had taken buy-side liquidity, it is going to look for sell-side liquidity to take out. I have marked out sell-side liquidity for the price to go hunt. Also, more reasons for this move, price retraced today just as it did in EURGBP to take out last week's Friday entries (I will include my EURGBP analysis). However, I advise you guys to watch out for the structural shift from bullish to bearish and lookout for manipulations before taking a trade. Let me know what you think about this in the comment. Don't forget to give me a like and follow. The EURGBP analysis Cheers, David
Short
by jabariofafrica
EURGBP ____ INCOMING BULLISH RALLYHello Traders, EURGBP has entered into an exciting zone, which is a weekly FVG (yellow box) and has reacted. I expected the price to retrace into the blue box which is my area of interest to look for a long setup. This happened on Friday and my long setup didn't come. However, I was expecting price to go deeper today to take out induced early buyers. Hopefully, my preferred long setup appears tomorrow. Another thing I would like you guys to look at is the weekly equal lows (you can use the daily timeframe to see it clearly) that have been swept with this week's price movement and to price into the weekly FVG. Let me know what you think in the comments. Cheers, David
Long
by jabariofafrica
CADCHF ____ INCOMING BULLISH TRADE IDEAHello Traders, CADCHF is passing the vibe check for next week. As we all know, this pair dumped into a level it has never gotten to before and rallied. Now, this doesn't mean that it can't continue lower, but if you look at last week's candle, you will see the strong buying pressure which is depicted by the wick of the candle and I expect that at the start of next week, price is likely to trade into the wick before the rally to the upside. Another reason why I expect the price to rally from my POI as marked on my chart is due to the equal highs (liquidity pool) that I have marked, which is usually attractive to price. Also if you look left, you'd notice that there is a trendline liquidity pool just below a daily FVG (see daily timeframe for clarity) which gives price more reasons to rally. I would update you guys by next week if this move is still valid based on how the price moves. Also, I would really appreciate it if you follow me on Twitter: twitter.com Let me know what you think of this idea if you also have CADCHF on your radar. I would be posting more trade ideas for next week. STAY TUNNED!!! Cheers, David
Long
by jabariofafrica
EURGBP ____ INCOMING LONG TRADE Hello Traders, I hope your week has been good. mine has been FANTASTIC and I'm not exaggerating. EURGBP right now has entered into an interesting zone, which is a weekly FVG (yellow box), and has reacted. I expect the price to retrace into the blue box which is my area of interest to look for a long setup. To be frank, I am not sure I will get my setup before the price takes off but I'd be on the lookout. Another thing I would like you guys to look at is the weekly equal lows (you can use the daily timeframe to see it clearly) that has been swept with this week's price movement and to price into the weekly FVG. Let me know what you think in the comments. Some of the pairs I would be monitoring for next week are: AUDCAD, AUDCHF, GBPCHF, GBPCAD et al Let me know if you are also monitoring EURGBP. Cheers, David
Long
by jabariofafrica
2
AUDCHF ____ INCOMING BULLISH RALLYHi Traders, This is a pair on my radar. It just formed a buy-side liquidity pool that needs to be swept. This is one pattern I have noticed in the market for a long time. In this case, I expect it to play out for a few reasons I will list out. 1. On the monthly timeframe, we dumped into a key level now a retracement in at play 2. On the weekly timeframe, we have a weekly Fair Value Gap (FVG) to fill as marked on my chart 3. On the daily timeframe, the price created equal highs as I have marked on my chart which is just below the weekly FVG 4. This last point is for people that trade chart patterns, we are to expect an inverse head and shoulders to play out The above reasons drive me to speculate about this rally. I don't know when the rally may happen but watch out for it. If you have any comments about my analysis or forex in general, let me know. Enjoy David
Long
by jabariofafrica
CADJPY ____ INCOMING BEARISH DUMPHello Guys, This pair has entered the weekly FVG but before doing that, it took out enough buy-side liquidity as marked on my chart. The pair had printed a bearish price structure on the monthly timeframe which explains why we should expect a bearish move to the marked TP on my chart. I will go to lower timeframes most especially the 1-hour timeframe to look for my setup to take an entry short. That's all folks. If you have a question regarding this trade idea, let me know. Cheers, David
Short
by jabariofafrica
1
EURAUD ____ BULLISH MOVE UPDATEHello Guys, FX:EURAUD is one pair that has been on my radar and right now, it has entered a key weekly demand zone after taking out a daily buy-side liquidity. Not only that, you would notice on my chart I have marked out some buy-side liquidity pools on the 1-hour timeframe that the price would like to go hunting on its way up. Another interesting thing to note is, if you go on the weekly timeframe, you would notice the particular candle that the price has just been taken out. That candle had a strong bullish impact and we have just closed below it on the daily, so I expect the market to react accordingly. It is also based on that candle that I have decided to place my TP at that price. I would love to see the price go higher to sweep the other buy-side liquidity in the 1-hour timeframe but I am content with where my TP is. As you guys know, trading is a long-term game and you will always leave money on the table. There is no point in trying to have the best entry and exit. Just focus on each trade to win and that's all. If you have any questions concerning this trade idea or anything related to forex, feel free to ask me. Cheers, David
Long
by jabariofafrica
NZDCHF ____ INCOMING BEARISH TRADEFellow Traders, NZDCHF has been cooking and right now I would say it is ready to be served. This pair had made a bearish impulse on the weekly timeframe and now, it has retraced into a key zone which is an FVG on the daily timeframe. I am not looking for another bearish leg on the weekly I just expect a short-term bearish reaction to the zone as I have marked on my chart. Hopefully, my setup come before this move so I can take a trade because right now, it seems it might leave without me...LOL What do you think about this trade idea? are you also watching it? You might also want to keep an eye on EURNZD and NZDUSD. Cheers, David
Short
by jabariofafrica
2
NZDCAD____3.9RR TRADE IDEAHello Fam, FX:NZDCAD has just tapped into a strong daily supply #orderblock which led to a mini selloff in price about a month ago. I expect that orders are still pending in the daily order block or market-makers would like to mitigate some orders. With this at play, I expect a selloff in the 1hour timeframe. Although I have a longer-term bullish bias on the pair based on the weekly and monthly timeframes, we would be taking each move as they come. Here are my other analysis on FX:AUDJPY and FX:CADJPY AUDJPY CADJPY Cheers, David
Short
by jabariofafrica
EURAUD ____ 7.9R BUY TRADE IDEAHello Guy, FX:EURAUD is one pair that has been on my radar and right now, it has entered a key weekly demand zone after taking out a daily buy-side liquidity. Not only that, you would notice on my chart I have marked out some buy-side liquidity pools on the 1-hour timeframe that the price would like to go hunting on its way up. Another interesting thing to note is, if you go on the weekly timeframe, you would notice the particular candle that the price has just been taken out. That candle had a strong bullish impact and we have just closed below it on the daily, so I expect the market to react accordingly. It is also based on that candle that I have decided to place my TP at that price. I would love to see the price go higher to sweep the other buy-side liquidity in the 1-hour timeframe but I am content with where my TP is. As you guys know, trading is a long-term game and you will always leave money on the table. There is no point in trying to have the best entry and exit. Just focus on each trade to win and that's all. If you have any questions concerning this trade idea or anything related to forex, feel free to ask me. I am still monitoring OANDA:USDSGD for a long. When I see my setup, I'd be sure to let you guys know. See my analysis on USDSGD below Follow me so you don't miss out. Cheers Guys, David
Long
by jabariofafrica
USDSGD _____ UPCOMING BULLISH MOVEHello Traders, If you are following me, you would know by now that I have a bullish bias on USD. This bias is based on my analysis of the Dollar Index. However, USDSGD just entered a key demand level and I am waiting for CHOCH for me to go long on this pair. I have also done an analysis on GBPUSD and it is currently playing out as speculated. (see below) Also, see my analysis of the dollar index below. What do you think? is there something you think I might have missed or you agree with me? Let me know your thoughts. Cheers, David
Long
by jabariofafrica
GBPUSD____MASSIVE SHORT TRADE UPCOMINGHello Guys, GBPUSD is currently at a strong monthly supply zone and the price has just swept a weekly buy-side liquidity pool so it is fair to expect GBPUSD to short. However, I would like to see this pair open on Monday and go bullish to tap into a monthly FVG. If this happens as marked on my chart, I would have full confidence to be looking for a setup to take a short trade all the way to 1.2450. As you can see, I have also marked out all the sell-side liquidity pools that price on its way down will hunt. To add more confidence to this setup, the dollar index is in a demand zone and if that zone will hold, we should see GBPUSD go bearish. Here is my analysis of the dollar index Let me know what you think in the comments. Cheers, David
Short
by jabariofafrica
How you can make 6 figures a month using prop fundsFirstly you need to be able to acquire one account such as a 100k account. Assuming your target is $110000 you start by risking $500 a trade until you reach $3000. if you take losses you continue risking the same until you're back at the starting point. once you reach $3000 of profit you now up your risk to $1000 until you get to $6000 and then $2000. This should easily allow you to pass phase 1 of the challenge, you then repeat the same for phase 2. Once you receive your first funded account, you are now going to purchase another challenge and copy trade your funded account (master acc) onto the challenge. Repeating the above and considering you have a strategy with a good win rate, you are now able to make money while passing the challenges without having to trade 2 accounts manually. You continue this process and max your funding with one prop fund, and then move on to a second and so on until you have 7 figures in funding under your belt. The key is to remain focused and have your psychology and mindset on point. making a mistake on your master account is going to reflect on all accounts. The same goes with profits however. If you have 1 mill in funding and make 1% in a week on one of your 100k accounts, then the other 9 will also make 1% bringing you to a total of 10% ($100000) in one week. My favourite prop fund atm is properfunded.com
Education
by opes_trading_group
3
AUDCAD MASSIVE RALLY UPCOMINGThis week we saw a dump in all the CAD pairs and I was a beneficiary of that dump. I took a sweet short on NZDCAD. This coming week, AUDCAD has lined up well for a sweet long. On the monthly timeframe, we are on a critical demand level, and on the daily, we have buy-side liquidity to take before heading to my TP. I will be monitoring this pair for a CHOCH before going long. I would advise you to observe for manipulations before the bullish move so you don't take a hit. Here is the NZDCAD setup I took which played out perfectly. I will be sharing more trade ideas and setups in the coming days. Ensure you are following me so you don't miss out. Cheers, David
Long
by jabariofafrica
2
Short-Term Trade Opportunity with High Potential RewardIntroduction: In this analysis, we'll look at a short-term trading opportunity based on a H&S continuation pattern. The pattern is already formed, and we're waiting for a breakout over the right shoulder to confirm the continuation. The trade has a high potential reward, with a price target of 34250, and a manageable risk with a stop loss at 28835. Chart Analysis: As we can see from the chart, the pattern has formed a classic H&S shape, with the left shoulder, head, and right shoulder. The neckline is also clearly defined, and the price has tested it several times without breaking it. However, we're not looking for a reversal here, but a continuation of the previous uptrend. That's why we're waiting for a breakout over the right shoulder, which would indicate that the buyers are still in control and willing to push the price higher. We've marked the breakout level with a red dashed line, and we can see that it's close to the resistance level at 30317. If the price breaks above this level, it will confirm the strength of the breakout and increase the probability of reaching our price target. Which it did, so we're in right now. Risk Management: Every trade involves risk, and we need to manage it properly to avoid large losses. In this case, we're placing our stop loss at 28835, which is below the neckline and the right shoulder. If the price falls below this level, it would invalidate the pattern and signal a potential reversal. We should also consider the position size and the leverage we use, depending on our risk tolerance and trading strategy. It's important to never risk more than we can afford to lose and to have a plan in case the trade doesn't go as expected. Conclusion: Overall, we have a short-term trading opportunity based on a well-defined pattern with a high potential reward and manageable risk. The breakout level and the resistance level at 30317 are important levels to watch, and we should be prepared to act quickly if the price shows signs of strength or weakness. Remember to always do your own analysis and never rely solely on someone else's opinion. No financial advice here, just sharing an idea. Happy trading!
COINBASE:BTCUSDLong
by KarimSubhieh