bull and bear trap Archive

Was Dollar Index at 91 just a dream or a signal for 2018?

DXY bulls are happy as long as the index stays above this prominent 2-year support. Bears however have their signal. It is now a matter of time while the index does it's usual zig zag before the inevitable happens. The signal for DXY to go lower in 2018 is already in place.

AUDUSD, AUDCAD and AUDJPY observations

Pointing out some observations of AUDUSD, AUDCAD and AUDJPY, price reaction to significant levels. Additionally note AUDJPY can be a prediction for Asian stock indices.

Jump or fade? Breakout signals/triggers in forex market

Breakout trades explained. We discuss breakouts as a trade signal/trigger, why there are two strategies: to jump a breakout or to fade or trade against one.

5 price features that set up a good reversal trade

5 features that make a bearish reversal in this EURJPY example. Explained also are 4 different entry levels for traders who demand different levels of risk/ different confirmation.

Post-USElection2016 trade setups to look at

A look at trade setups in AUDUSD, NZDUSD, Nasdaq and XAUUSD. All 4 qualify as potential bearish reversal sell setups pending price signal and confirmation.

Week 34 forex wrap up AUDUSD, NZDUSD and XAUUSD

Week 34 2016 price action can be described only as moribund followed by Jackson Hole come alive. Last 12 hours trading was also shoot-one-way, U-turn-the-other with initial bearish USD followed by bullish USD. Torn, indecisive action or just herding traders into a big trap?

Did you miss/ get conned by these high probability setups?

DXY, EURUSD and SiMSCI prints highly recurring false-break followed by re-test sequence that catches both bulls and bears on the wrong trade. When the market is playing mind games like these, watch for coming reversal.