Author Archives: Haji

Intradays

More trade setup at http://blog.warithu.com

Intradays

EURUSD intraday setup turns into over the weekend! DOn’t know what’s going to happen next now. But it bounce off the demand level in the H1 time frame.

 

Overview

Most of my latest Blog now is at  http://blog.warithu.com/2016/04/30/major-and-exotic-pairs/

Looking into the Dollar weakness

USD index

 

 

My Next EURUSD Trade

Currently Im updating my new blogsite which I can do what ever I want with it. I can fully customise it.

If you all want to read further on my trade setup. Please go to http://blog.warithu.com

Major Pairs

Been too busy lately with my day job, here are potential setup that might take your attention for next week event.

USDJPY has been visiting her Weekly demand. Hence she might go for a bullish move for the next couple of weeks.

USDJPY weekly

Looking at the context of USDJPY, it is now probably commencing for a bull run again and probably a more stronger dollar will help that bullish move.

USDCHF 4h

USDCHF, Daily demand inside has a H4 demand. Higher probability to buy also for next week.  IM looking into buying this pair if it ever retrace for a buy.

GOLD  fresh supply formed this week. Likelihood being visit could be sooner.

Gold 4H

Yen Pairs

Yen Pairs

audjpy weekly cadjpy monthly EURJPY h4 eurjpy weekly

Yen Pairs are setting up some good trade setups.

GBPNZD h4

GBPNZD approaching key levels.

 

Tagged ,

Identifying Levels Practices

I am still recieving people having difficulties in identifying demand supply level. As I  mention in my recent ebook, there were criteria that needs to be met.

But there is also another way of identifying it. Though this was an old practice that I utilize when I was learning where price tend to turn.

Here are the settings on your chart typically on Mt4:

Background : Black ( so as to hide the wicks )

Filled candle: either color that identify bull and bear.

setting

Here is the settings template.

Now the next step is Identify

  1. Large candle
  2. Almost vertical move
  3. Profit margin
  4. Make a square and see the wicks are the criteria . If it does, then it is a demand supply level.

Here is an example trade I did today.

3pa7

Now try to practice that in your Forextester tools or Look back your chart on the end of the left side from its beginning.

 

Tagged ,