https://youtu.be/ygMRNZvXNo0
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The hottest trade of today here on forex trendy amazing price action watch the video
00:00:06
until then because i’m going to show you what happened on the first market and which
00:00:10
opportunities you can grab your own forex trendy hello everybody welcome to my channel
00:00:17
i’m back with another forex trendy episode today i’m gonna show you what happened
00:00:21
on the first market only five minute charts before starting subscribe to my channel and enable
00:00:28
notification don’t forget to visit my website www.forexexpert.net
00:00:34
uh you will find more than 120 articles about forex trading technical analysis fundamental analysis
00:00:42
strategies indicators and much more okay so before starting remember that there are no magic tools and uh
00:00:53
you need strategies to be profitable on the first market or on the other markets this is a great tool because uh it saves
00:01:03
you a lot of time so i just log in and find the odd potential trades then i filter them
00:01:11
according to my strategies as you can see we got the emerging patterns uh now is uh almost
00:01:20
6 pm here in europe so the the trading section is next to is ending okay
00:01:29
so let’s start with the first trade of the day the australian the australian dollar and the japanese
00:01:35
we have a flag buy signal bracket 83 57 we got this nice flag after this uh strong support zone okay
00:01:46
the price was uh rebounding here on the 8350 psychological level
00:01:53
then we got this bullish inputs the flag forming in the middle of the uh
00:02:00
asian session here we got the breakout and then we got a very tiny uh upward movement uh
00:02:10
the price started to lateralize at the london time [Music]
00:02:17
the price continued to go up reaching the 8444 level at least
00:02:24
90 pips more or less okay so for traders who enter this trade uh they find a very
00:02:32
wide wide land for profit but even for uh european okay
00:02:40
um there are opportunities to get in in fact if you see the price was uh bouncing on this uh support zone around
00:02:49
83.72 former high here on the flank so a nice
00:02:58
continuation pattern here on on forex trendy as you can see the price action is clear because there is not too much
00:03:04
volatility so the market is not fecal and you have a high probability to
00:03:15
to get him profit okay let’s jump to the australian dollar and the usd we got a triangle
00:03:23
um the previous price action is not clear it’s not uh we can’t view it but
00:03:30
we are in a very strong uptrend uh the part the pattern uh formed yesterday uh afternoon then the breakout
00:03:41
happened there’s more retest here in the previous high
00:03:46
around 77.59 and then uh it continues uh its race uh getting to the 78
00:03:56
11 level so the the trade took place uh during the as inception but again
00:04:05
uh even for european traders uh there was a very nice entry as you can see that the price was
00:04:13
bouncing on this level 77 into one if you see this a very small add-on shoulder
00:04:21
okay in fact the price then retest the trend line the neckline and continue to go up
00:04:27
so many opportunities to enter this trade to grab some profit bear in mind that
00:04:36
not all the trades will go in profit of course there is no trading system that wins
00:04:43
100 percent of the time so this is why you need uh strategies let’s jump to the euro and as we see we
00:04:53
got flagged by sibling bracket 52. i don’t really like this price action because it’s extremely difficult
00:05:01
volatilities i you can see it by the candles sides if the candle size is big or huge then
00:05:12
it’s very hard to set uh an acceptable stop loss with a good reward ratio because volatility is i
00:05:23
and the probability to eat the stop loss is very very high so for me this is not a good uh signal
00:05:31
okay i i have the medium mode because i i can filter trades but if you go
00:05:38
on the highest or high filter you will not receive uh bad signals okay so for me it’s not good
00:05:47
uh in fact the price broke through the flag here and then went back in two times or three
00:05:54
times so there was not much room to make profit there
00:05:58
as you can see the price action doesn’t look very very good let’s jump to the newest new zealand
00:06:06
dollar usd a very interesting situation because i published an article
00:06:10
on my website where i was analyzing the technical and the fundamental uh analysis okay of this pair
00:06:19
of the the new zealand dollar is uh retracing okay after a big fell off a few weeks ago happened few weeks ago
00:06:31
so now we got an uptrend here and the flag forming a little bit of retesting of this uh
00:06:39
previous level around 72 11. remember that it’s very it’s very hard to go away from the zero zero or
00:06:46
the 50 level so make your considerations before entering the trade okay
00:06:52
always watch it levels after the breakout the price continued to go up reaching the
00:06:59
72 34 for a very nice uh 20 pips straight for traders that have a 20 pips target
00:07:13
let’s jump to the usd and singapore dollar we gotta flex this signal 30 to 52 um
00:07:19
[Music] this trade was a failure uh even if the price action was looking
00:07:27
very good but uh maybe here at 32 42 there was a very strong support zone you can check
00:07:33
on the higher time frames and the price started to rebound and going up so many
00:07:42
take profits okay i’ve been hit here and the price uh as a consequence uh started to go up it lateralized a
00:07:55
little bit and uh was forming higher highs but uh no incredible movements happened so the
00:08:03
price is lateralizing uh this is a very good opportunity for the next trade uh checking the
00:08:10
situation and see where it will go with uh it would be a buy or a sale it
00:08:18
depends okay so let’s jump to the british pound and australian dollar
00:08:23
uh sell signal we got a rising wedge breaker 78.91 so after a very strong resistance here
00:08:32
okay and uh around 79 13 [Music]
00:08:36
that took so at least 15 hours more or less okay the price was uh
00:08:49
retesting this area okay between 7904 and uh 79.13
00:08:58
then at london time started to go down going to 77.81 so 110 pips
00:09:12
[Music] and uh if you are late you can always wait for a retracement okay or a retest
00:09:21
usually price retests the trend line here it didn’t happen but you know you can find a
00:09:29
very strong levels where the price could bounce or retest them and then continue to go
00:09:37
down but it’s up to your strategies okay so a nice place to grab some profit
00:09:48
let’s jump to the usd and the cat today has been a very good day uh bear in mind that all the days are
00:09:54
going to be profitable or you’re going to find many opportunities because it depends
00:10:00
on many factors like fundamentals and trader sentiments okay so we got a very nice downtrend the
00:10:10
candles are very small and uh as you can see the price action is clear because we got this first bearish
00:10:17
impulse retracement beer bearish inputs retracement forming flag okay the the breakout
00:10:26
the retest on the trend line and the price going down to the 23 or 86
00:10:36
so another good trade for uh traders out there trading you during the european session
00:10:47
let’s take a look at the canadian dollar and the japanese today was a very good day for uh the
00:10:53
looney because a canadian dollar because we are approaching the bank of canada
00:11:03
uh meeting the middle of the week so trailers are net longs on this pair so as you can see we got a
00:11:18
lateralization phase here uh during the asian session even a little bit beyond the
00:11:28
london opening and the price then started to go up the price action is perfect as you can
00:11:34
see the candles are not too big not too small and uh we got this double
00:11:42
bottom here after this but the previous button this is nice bullish signal
00:11:51
and the price going up reaching the 87.29 so another very nice trade
00:12:01
and if even if you’re late you can always look for retracement you will need a
00:12:06
specific strategy test the strategy for a retracement because it’s not easy i don’t
00:12:14
advise to trade retracement if you are a beginner because you are going to lose money
00:12:20
uh of course you can trade uh support and resistance uh follow these strategies
00:12:28
okay let’s jump to the news uh us dollar new zealand dollar i’m sorry for today but i worked so much are
00:12:38
a little bit tired for new zealand dollar in the usd we got triangle bicycle brick at 72.25
00:12:47
this trade is still in place a nice price action with a uptrend and a breakout here and the
00:12:55
price re-testing this previous high so let’s see what happened our traders in america
00:13:01
are on their lunch so let’s see what is going to happen okay for today’s everything uh
00:13:14
if you have comments leave them below if you wanna use forex trendy you will find a link below in the description
00:00:06
until then because i’m going to show you what happened on the first market and which
00:00:10
opportunities you can grab your own forex trendy hello everybody welcome to my channel
00:00:17
i’m back with another forex trendy episode today i’m gonna show you what happened
00:00:21
on the first market only five minute charts before starting subscribe to my channel and enable
00:00:28
notification don’t forget to visit my website www.forexexpert.net
00:00:34
uh you will find more than 120 articles about forex trading technical analysis fundamental analysis
00:00:42
strategies indicators and much more okay so before starting remember that there are no magic tools and uh
00:00:53
you need strategies to be profitable on the first market or on the other markets this is a great tool because uh it saves
00:01:03
you a lot of time so i just log in and find the odd potential trades then i filter them
00:01:11
according to my strategies as you can see we got the emerging patterns uh now is uh almost
00:01:20
6 pm here in europe so the the trading section is next to is ending okay
00:01:29
so let’s start with the first trade of the day the australian the australian dollar and the japanese
00:01:35
we have a flag buy signal bracket 83 57 we got this nice flag after this uh strong support zone okay
00:01:46
the price was uh rebounding here on the 8350 psychological level
00:01:53
then we got this bullish inputs the flag forming in the middle of the uh
00:02:00
asian session here we got the breakout and then we got a very tiny uh upward movement uh
00:02:10
the price started to lateralize at the london time [Music]
00:02:17
the price continued to go up reaching the 8444 level at least
00:02:24
90 pips more or less okay so for traders who enter this trade uh they find a very
00:02:32
wide wide land for profit but even for uh european okay
00:02:40
um there are opportunities to get in in fact if you see the price was uh bouncing on this uh support zone around
00:02:49
83.72 former high here on the flank so a nice
00:02:58
continuation pattern here on on forex trendy as you can see the price action is clear because there is not too much
00:03:04
volatility so the market is not fecal and you have a high probability to
00:03:15
to get him profit okay let’s jump to the australian dollar and the usd we got a triangle
00:03:23
um the previous price action is not clear it’s not uh we can’t view it but
00:03:30
we are in a very strong uptrend uh the part the pattern uh formed yesterday uh afternoon then the breakout
00:03:41
happened there’s more retest here in the previous high
00:03:46
around 77.59 and then uh it continues uh its race uh getting to the 78
00:03:56
11 level so the the trade took place uh during the as inception but again
00:04:05
uh even for european traders uh there was a very nice entry as you can see that the price was
00:04:13
bouncing on this level 77 into one if you see this a very small add-on shoulder
00:04:21
okay in fact the price then retest the trend line the neckline and continue to go up
00:04:27
so many opportunities to enter this trade to grab some profit bear in mind that
00:04:36
not all the trades will go in profit of course there is no trading system that wins
00:04:43
100 percent of the time so this is why you need uh strategies let’s jump to the euro and as we see we
00:04:53
got flagged by sibling bracket 52. i don’t really like this price action because it’s extremely difficult
00:05:01
volatilities i you can see it by the candles sides if the candle size is big or huge then
00:05:12
it’s very hard to set uh an acceptable stop loss with a good reward ratio because volatility is i
00:05:23
and the probability to eat the stop loss is very very high so for me this is not a good uh signal
00:05:31
okay i i have the medium mode because i i can filter trades but if you go
00:05:38
on the highest or high filter you will not receive uh bad signals okay so for me it’s not good
00:05:47
uh in fact the price broke through the flag here and then went back in two times or three
00:05:54
times so there was not much room to make profit there
00:05:58
as you can see the price action doesn’t look very very good let’s jump to the newest new zealand
00:06:06
dollar usd a very interesting situation because i published an article
00:06:10
on my website where i was analyzing the technical and the fundamental uh analysis okay of this pair
00:06:19
of the the new zealand dollar is uh retracing okay after a big fell off a few weeks ago happened few weeks ago
00:06:31
so now we got an uptrend here and the flag forming a little bit of retesting of this uh
00:06:39
previous level around 72 11. remember that it’s very it’s very hard to go away from the zero zero or
00:06:46
the 50 level so make your considerations before entering the trade okay
00:06:52
always watch it levels after the breakout the price continued to go up reaching the
00:06:59
72 34 for a very nice uh 20 pips straight for traders that have a 20 pips target
00:07:13
let’s jump to the usd and singapore dollar we gotta flex this signal 30 to 52 um
00:07:19
[Music] this trade was a failure uh even if the price action was looking
00:07:27
very good but uh maybe here at 32 42 there was a very strong support zone you can check
00:07:33
on the higher time frames and the price started to rebound and going up so many
00:07:42
take profits okay i’ve been hit here and the price uh as a consequence uh started to go up it lateralized a
00:07:55
little bit and uh was forming higher highs but uh no incredible movements happened so the
00:08:03
price is lateralizing uh this is a very good opportunity for the next trade uh checking the
00:08:10
situation and see where it will go with uh it would be a buy or a sale it
00:08:18
depends okay so let’s jump to the british pound and australian dollar
00:08:23
uh sell signal we got a rising wedge breaker 78.91 so after a very strong resistance here
00:08:32
okay and uh around 79 13 [Music]
00:08:36
that took so at least 15 hours more or less okay the price was uh
00:08:49
retesting this area okay between 7904 and uh 79.13
00:08:58
then at london time started to go down going to 77.81 so 110 pips
00:09:12
[Music] and uh if you are late you can always wait for a retracement okay or a retest
00:09:21
usually price retests the trend line here it didn’t happen but you know you can find a
00:09:29
very strong levels where the price could bounce or retest them and then continue to go
00:09:37
down but it’s up to your strategies okay so a nice place to grab some profit
00:09:48
let’s jump to the usd and the cat today has been a very good day uh bear in mind that all the days are
00:09:54
going to be profitable or you’re going to find many opportunities because it depends
00:10:00
on many factors like fundamentals and trader sentiments okay so we got a very nice downtrend the
00:10:10
candles are very small and uh as you can see the price action is clear because we got this first bearish
00:10:17
impulse retracement beer bearish inputs retracement forming flag okay the the breakout
00:10:26
the retest on the trend line and the price going down to the 23 or 86
00:10:36
so another good trade for uh traders out there trading you during the european session
00:10:47
let’s take a look at the canadian dollar and the japanese today was a very good day for uh the
00:10:53
looney because a canadian dollar because we are approaching the bank of canada
00:11:03
uh meeting the middle of the week so trailers are net longs on this pair so as you can see we got a
00:11:18
lateralization phase here uh during the asian session even a little bit beyond the
00:11:28
london opening and the price then started to go up the price action is perfect as you can
00:11:34
see the candles are not too big not too small and uh we got this double
00:11:42
bottom here after this but the previous button this is nice bullish signal
00:11:51
and the price going up reaching the 87.29 so another very nice trade
00:12:01
and if even if you’re late you can always look for retracement you will need a
00:12:06
specific strategy test the strategy for a retracement because it’s not easy i don’t
00:12:14
advise to trade retracement if you are a beginner because you are going to lose money
00:12:20
uh of course you can trade uh support and resistance uh follow these strategies
00:12:28
okay let’s jump to the news uh us dollar new zealand dollar i’m sorry for today but i worked so much are
00:12:38
a little bit tired for new zealand dollar in the usd we got triangle bicycle brick at 72.25
00:12:47
this trade is still in place a nice price action with a uptrend and a breakout here and the
00:12:55
price re-testing this previous high so let’s see what happened our traders in america
00:13:01
are on their lunch so let’s see what is going to happen okay for today’s everything uh
00:13:14
if you have comments leave them below if you wanna use forex trendy you will find a link below in the description
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