Oct 23, 2016 - (Video) Weekly Tech Overview - Update: AUDJPY

Hi and welcome to our Weekly Tech Overview.
This week I'm going to make an update to our view of AUDJPY .

Last week failure at the top of the channel may create nice selling opportunity, please check the video below for more details:

Original Weekly Tech Overview Week 29th: check here or below:

Hi all,
AUDJPY weekly - we have to take AUDUSD ( please check our previous Weekly Tech Overview here ) and USDJPY into consideration. In both cases bulls have got a chance and space for rally. If true, that could help to test top of the channel on weekly AUDJPY chart and that could be the first chance to go short ( failure to close above ). Any kind of action from BOJ may help for further rally twds 88 ( that would be +10% from current level ) and it could create another chance for sellers.

Weekly close above 88 will cancel bearish scenario and will open the door for a test of 95/96 levels and then 100/102/105 ( its not unlikely with strong Central Banks manipulation in place ).

Summary: patient is needed, short could be in play only with failure at the top of the channel ( break and close above could be short term buy signal ) or on a rally towards 88. Good Luck.

Mr Price Action

DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice.

All rights reserved ©2016 www.landoftrading.com Contact: landoftradingATgmail.com

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Aug 24, 2016 - (Trade Idea) Forex: AUDNZD - we are buying this dip

AUDNZD Daily chart is telling the whole story, please check the note on the chart for entry, stop and target levels as well as risk we want to take...

Good Luck

Mr Price Action

DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmail.com

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Aug 24, 2016 - Forex: Jackson Hole and Yellen - Charts

As Mr Hawk perfectly painted the macro picture here , we are USD bullish into Jackson Hole and  NFP next week.

Before we start, would like to point out here, we don't want to trade USD blindly. We do have a plan, we know where we want to open, where we want to exit and we know what kind of the risk we want to take... in advance.

So, let's check few charts and discuss possible scenario ( how we would like to trade it / what has to happen ) :

 1. First important thing: we see some room for USD weakness and we would like to see that before Friday

DXY - it's an update to our Weekly Tech Overview ( please check here )

EURUSD daily chart - market is re-testing broken trend line. The best scenario would be stop hunting above 1,1350+. So, we are looking to sell rallies towards 1,1350/1,1450. Weekly close above 1,1450 will cancel the bearish scenario.

USDJPY weekly chart - no change in our view, we are still bullish here even we have been stopped out at entry level on our Trade Idea here

AUDUSD weekly chart - no change to our view we presented here. The only thing is that bulls are already tired. So, we do have two possibilities here: 1. TL on weekly will be too much for bulls or 2. bulls will go higher and eventually will test 0,80 before sell-off.

GOLD ( XAUUSD ) - daily charts, we are looking to sell. Close above 1380/1400 will invalidate the bearish scenario.

Good Luck All

Mr Price Action

DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmail.com

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Forex Trading - Live Market Coverage 19.07.2016

Hi all,


that's beta test of our Forex Live Market Coverage - Market Makers Method / Price Action / Supply & Demand. ( Page does not refresh automatically ! )

15:40 GMT - Ok, that's it today, without fireworks, watching market and will update. Watching current USDJPY PA, also AUDUSD, USDCAD, USDCHF and AUDUSD. Trade Idea will publish as separate post ( if any ). Have  a great rest of the day ! 

14:39 GMT - USDJPY looking to buy intraday dips ( but breakout point needs to hold )

13:17 GMT - USDCAD: looking to sell intraday, pls check chart below:

12:46 GMT - Action ! after US data, EURUSD looking to sell on rallies twds 1,1040/50 ( if seen ), will update

12:18 GMT - doing nothing... just watching

10:47 GMT - GBPUSD below ydy low, testing Fridays low...

10:27 GMT - EURGBP: pls check chart below:

09:04 GMT - Strategy: Stand aside for now

08:42 GMT - ZEW next... waiting for 1,11+ stop hunting before or right after the news....

08:30 GMT - UK CPI:  June mm +0.2% vs +0.2% exp

08:00 GMT - EURUSD looking for 1,09, intraday selling rallies could be the name of the game...

07:20 GMT - EURJPY possible scenarios:

06:50 GMT - EURUSD - looking for Friday pre-US data high as potential intraday supply zone

06:18 GMT - USDJPY is testing intraday supply ( within daily supply ), not big pullback suggest we may see stop loss hunting soon...

05:44 GMT - GBPUSD bulls need to close the day above 1,3342/3422 ( looking to sell while below that zone ), UK CPI next...

05:19 GMT - Good morning...

DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading       teams view on past and current economic and capital market environment. It is not and shouldn´t been viewed   as an investment advice and the creator of this material shouldn´t been hold liable for any loss resulting from       action where despite this disclaimer someone would consider this  material  as an investment advice. 

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Weekly Tech Overview - AUDJPY - Week 29

Hi all,
AUDJPY weekly - we have to take AUDUSD ( please check our previous Weekly Tech Overview here ) and USDJPY into consideration. In both cases bulls have got a chance and space for rally. If true, that could help to test top of the channel on weekly AUDJPY chart and that could be the first chance to go short ( failure to close above ). Any kind of action from BOJ may help for further rally twds 88 ( that would be +10% from current level ) and it could create another chance for sellers.

Weekly close above 88 will cancel bearish scenario and will open the door for a test of 95/96 levels and then 100/102/105 ( its not unlikely with strong Central Banks manipulation in place ).

Summary: patient is needed, short could be in play only with failure at the top of the channel ( break and close above could be short term buy signal ) or on a rally towards 88. Good Luck.

Mr Price Action

DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice.

All rights reserved ©2016 www.landoftrading.com Contact: landoftradingATgmail.com

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(Tutorial) Land of Trading - Risk - Introduction

Intro - How Big Should I trade ? Trade small to Win Big, start the adventure of the Price Action Trading / Market Makers Method here:

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(Tutorial) Land of Trading - My chart - Intro

Intro - check how my fx chart looks like, get first/basic explanation why I'm trading  * naked * charts, more to come, start the adventure of the Price Action Trading / Market Makers Method here:

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Forex Trading - Live Market Coverage 15.07.2016

Hi all,
Join Us again, we are back tomorrow 15th of July 2016

that's beta test of our Forex Live Market Coverage - Market Makers Method / Price Action / Supply & Demand. ( Page does not refresh automatically ! )

18:16 GMT - missed EURGBP buy opportunity, then after strong US data we have not seen any USD pullback, hence we were not able to go long. I'm sure a lot of opportunities again next week. Have a great weekend !

15:39 GMT - intraday SP 500 FUT trying to break to the downside

14:20 GMT - EURAUD waiting for daily and weekly close, could be very interesting early next week

13:55 GMT - slow Friday market... intraday loking to buy some USD on dip, will update

12:44 GMT - Real avg weekly earnings are better ( +1,2% y/y vs +1,1% prev ) and that could be the key for USD later today

12:00 GMT - Waiting for US data...

11:23 GMT - GBP strong bounce / rally this week ( thx to GBPJPY and BOE ? ). GBPUSD 1,35 as key today.

10:55 GMT - XAUUSD ( Gold ) please check comment on the chart

10:31 GMT - USDJPY waiting for US data, we are testing supply zone based on daily chart 

10:21 GMT - USDCAD waiting for US data, strong data + possible demand around 1,2825 equals long for me

10:09 GMT - ALERT: EURGBP limit to buy at 0,8295, stop offer 0,8258, risk 0,25%

DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading       teams view on past and current economic and capital market environment. It is not and shouldn´t been viewed   as an investment advice and the creator of this material shouldn´t been hold liable for any loss resulting from       action where despite this disclaimer someone would consider this  material  as an investment advice. 

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Forex - Live European Session 12.07.2016

Hi all,
Join Us again, we are back tomorrow 12th of July 2016

that's beta test of our Forex Live Market Coverage - Market Makers Method / Price Action / Supply & Demand. ( Page does not refresh automatically ! )

10:47 GMT ( 13.07.2016 )  Summary of yesterday Live Market Coverage:
GBPUSD remaining 50% closed at entry level ( so +0,25% in total ) and EURUSD stopped out ( -0,25% ). Total for a day: -0,5%

02.08 GMT - EURUSD long, target 1,1109 / GBPUSD remaining short, target 1,3192 GL

01:52 GMT - GBPUSD closing 50% at 1,3272.... stop for remaining 50% at entry

01:35 GMT - AUDUSD 0,7597... pop from here possible / EURGBP still looking to buy

01:17 GMT - EURGBP stop hit -0,25% / GBPUSD selling some at market ( 1,3327 ) stop bid 1,3365

23:22 GMT - Early Tokio preview:
Long 0,5% EUR via EURUSD and EURGBP ( at some point may decide to change one of them to EURAUD, dont need bigger EUR exposure )
GBPUSD - as mentioned b4, looking to fade pop above 1,33
AUDUSD - softer here, been short ( with BE ) earlier and will look to sell rallies
USDCAD - staying out for now, BOC rate decision on Wednesday
XXXJPY - maybe Im wrong waiting for deeper intraday dips but not going to chase the price

Will update...

17:16 GMT - ALERT: EURUSD very risky Limit to buy at 1,1064, stop offer 1,1049, risk 0,25% GL

17:14 GMT - GBPUSD - looking to sell first pop above 1,33

16:43 GMT - UPDATE: EURGBP holding long position....

16:01 GMT - SP 500 FUT stop has been hit, -0,25%

14:58 GMT - USDCHF shame, as expected but without us. I was too afraid and to focused on the supply from previous hour...

14:28 GMT - ALERT: AUDUSD exited here at 0,0,7632, we did nothing for last 6 hrs or so...

14:27 GMT - ALERT: SP 500 FUT holding short, will close 50% at 2134 ( if seen ), will move stop to entry and 2120 as final target GL.

14:03 GMT - ALERT: USDCHF exited here at 0,9831/32 / SP500 FUT short at mkt ( around 2142 ) stop 2146, risk 0,25% GL

13:43 GMT - Short Summary:

EURGBP limit order to buy...
AUDUSD holding short, please check ROADMAP below
USDCHF holding long, WILL MOVE STOP TO ENTRY when price hit 0,9850
XXXJPY there was only shallow dip right after Europe open, still looking to buy but don't want to chase the price

As we already have 0,5% exposure in long USD, we are not looking to add for now. Will update.

13:08 GMT - ALERT: EURGBP limit to buy at 0,8355, stop offer 0,8309, target 0,8615, risk 0,25% GL

12:05 GMT - ALERT: USDCHF - gone long at 0,9830, stop offer at 0,9810 targeting 0,99 zone, risk 0,25%  GL

11:31 GMT - AUDUSD holding short... ROADMAP ( valid as long as below our stop lvl :) ):
at 0,7611 will move stop to entry level
at 0,7602 will close 50%
0,7587 as final target ( also will check PA and will look for longs )

10:38 GMT - EURGBP waiting for any kind of stop hunting twds 0,84 before long

10:05 GMT - USDJPY 104,00/05 next possible intraday supply... but market may want to punish shorts and try to rally till Friday US CPI and Retail Sales data. Don't want to trade against right now, looking to buy deeper dips ( if seen )

09:27 GMT - ALERT: AUDUSD limit to sell at 0.7632, stop bid 0,7652, risk 0,25% GL

09:06 GMT - XAUUSD ( Gold ) ydy close below 1358 is what I was waiting for ( please check Gold analysis here ), will try to short intraday rallies twds 1362/66 ( if seen ), will update

08:49 GMT - EURGBP: Carney next... are we going to get any hint related to Thursday's BOE rate decision ? Will look to buy on dips ( please check chart below ):

08:00 GMT - USDJPY quick and strong sudden sell-off, was not able to send trade idea on time... but if short then at least partial profit taking here

07:52 GMT - AUDUSD intraday within supply zone but be carefull with selling, bears could face more pain short term as I mentioned in our Weekly Tech Overview here

07:36 GMT - USDJPY intraday, will try to trade both sides...

07:27 GMT - EURUSD looking to sell intraday rallies...

07:22 GMT - GBPUSD approaching intraday supply...

07:01 GMT Good Morning, Europe is open....



 DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading       teams view on past and current economic and capital market environment. It is not and shouldn´t been viewed   as an investment advice and the creator of this material shouldn´t been hold liable for any loss resulting from       action where despite this disclaimer someone would consider this  material  as an investment advice. 

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Forex - XAUUSD ( Gold )

XAUUSD ( Gold ) - situation is not that clear, as bears gave up too much ground last Friday.
I'm still looking to sell intraday ( looking to sell again ) but need to see daily close below 1358. If done the next target ( visible demand ) should be around 1335/30 and then around 1300.

As you can see on the charts below ( two the same daily charts with different zoom ) there is also chance for patient bulls. Weekly close above 1375/80 will cancel my bearish scenario and rally towards 1400, then 1465/85 and finally towards top of the big m-phone formation will be possible.

Mr Price Action

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Weekly Tech Overview - AUDUSD - Week 28

Hi All,
previous week dollar index analysis has been published. As AUD is not included in USD basket please find AUDUSD weekly chart below.

AUDUSD weekly chart: short term bulls got the chance to push price higher, hence more pain for bears. Longer term we could see downside continuation. So selling rallies is preferred, please check details on the chart:

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Forex - Pre-Open - USDCHF

Hi,
please find below USDCHF 1h chart. I have decided to start with that because of possible setup right after the open. The second scenario needs patient from your side.

Please note that we are approaching supply based on daily chart and few more opportunities may come to play. Will update if necessary:

  

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NFP - Charts - Tech overview

Hi,

Non Farm Payrolls as a key point today. Be extremely careful as market can react differently than before. Dont forget we are in summer holiday mood :)

EURUSD 1h chart:

USDJPY 1h chart:

SP 500 FUTURES 1h chart:

XAUUSD ( Gold ) 1h chart:

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Forex - Live European Session 05.07.2016 ( UPDATE )

Hi,
that's short update to our Live Market Coverage:

13:09 GMT - XAUUSD ( Gold )  closing half short from 1371 here around 1359, for remaining 50% stop has been moved lower to entry level...

12:20 GMT - We are taking profit on SP500 Futures as per our plan from last meeting.

SP500 FUTURES we are taking profit here around 2090, +0,75%

13:46 GMT - Ok, let's try to summarize what we have:

1. USDJPY looking to buy dips around 101,50/40

2. XAUUSD ( GOLD ) looking to sell around 1371...

3. GBPUSD not for me for now

4. EURGBP missed buy, looking to buy dips to 0,8470 ... if seen

5. EURUSD will try to trade intraday extremes but be carefull as main focus is EURGBP ( at least for now )

6. USDCAD missed by few pips or so.... I know some of you took it on a break to the upside ( if you don't know what I mean check our USDCAD chart )

7. AUDUSD missed sell, they did not even try to look for stops above Tokio high

8. SP500 Futures as per chart below, looking to trade both sides

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