Blog Archives

Members Area Buy/Sell Levels That Triggered This Week

7/30/2023

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AUDJPY

CADJPY

EURCAD

EURNZD

GBPJPY

NZDJPY

USDJPY

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Members Area Buy/Sell Levels That Triggered This Week

7/22/2023

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AUDCAD

Audcad has reached a significant level that presents a potential buying opportunity. This level is reinforced by the confluence of trendline structure and diagonal support, adding further strength to the setup. Although the level was touched quite late in the week, it remains a compelling prospect for consideration in the upcoming week.

EURCAD

Similar to Audcad, Eurcad has also reached one of our preferred buying levels this week. Unfortunately, we entered the trade late in the week, resulting in limited upside potential. Nevertheless, we will keep a close eye on it next week, as it still holds promise. Diversifying risk across multiple CAD pairs remains a viable option to consider.

EURGBP

EURGBP is predominantly characterized by a tight trading range. Hence, whenever we observe a significant extension to one side, as is the case with the recent upside movement, I am particularly interested in executing a reversal strategy. This interest intensifies further when we successfully surpass a major swing point in the market, clearly visible on the chart. We witnessed a rather choppy response around our selling level, but I can't say I'm surprised. This pair tends to be quite unpredictable and volatile, so it's pretty much what I expected.

GBPCAD

This week, I experienced a small loss on GBPCAD. My initial plan was to start adding positions at our identified level and, if the price went lower and swept the previous weekly low, then add another position. However, I deviated from my own plan and ended up with a small loss. In hindsight, I realize that it would have been wiser to wait until the previous weekly low was swept. I've noticed that combining the confluence of an overextended market and a weekly low or high often provides me with the best entry points. Lesson learned for next time!

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Members Area Buy/Sell Levels That Triggered This Week

7/15/2023

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This week, we took a short position on NZD/USD and booked a small profit on USD/JPY. These currency pairs will be on our radar again in the upcoming week. Numerous key levels were influential, and our focus lies in identifying the instruments that hold potential for significant movements. Profit is profit and we move onto next week.

AUDCAD

(UPDATE)

AUDUSD

(UPDATE)

EURUSD

(UPDATE)

GBPCHF

GBPUSD

(UPDATED)

NZDUSD

(UPDATED)

USDCAD

USDJPY

(UPDATED)

CRYPTO

ETH

SOL

XRP

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Members Area Buy/Sell Levels That Triggered This Week

7/9/2023

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On Monday, all members will receive their assigned levels.
Sell Above Level: Focus solely on identifying sell setups.
Buy Below Level: Focus solely on identifying long setups.
Target: These levels indicate areas as profit-taking opportunities if reached. Please note that these levels are subject to weekly changes.

Due to a bank holiday on Tuesday and the Non-Farm Payrolls (NFP) event on Friday, this week didn't offer many opportunities. However, we did manage to profit from a successful short position on NZDCHF, and we also identified potential opportunities for a long position on EURNZD. Currently, our attention is focused on Solana, as we are awaiting a further breakdown before considering engagement.
All in all another profitable week and that's all you can ask for at the end of any week.