WHAT I WISH I KNEW BEFORE I STARTED TRADING


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WEEK AHEAD - AUDUSD

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Its has been range bound market for two weeks now for AUDUSD. Although the major trend from the D1 is uptrend since MAY 19, but showing a signal of over-bought market in the D1 and two weeks whipsaw withing the eange 0.6963 and 0.6819 The H4 pattern shows the trend will support north move and waiting on the oscillator in H4 to turn GREEN and buy opportunity may set in. This is sure as long as the H4 Trend indicator remain BLUE (uptrend). THis is possible in the ealy days of the week.
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EURJPY MARKET AHEAD

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 The EURJPY was a good move to the south today. Trend trailed from Monthly to Weekly and the Daily time-frame for entry. The market moved south so quickly.  Since the Trend is still very much to the south - considering the monthly and weekly bear pressure, the B image shows expectations in the up coming weeks.  The down trend can still be taken advantage of. We have some patience to wait on the oscillators to be in shape. Its going to be a good trend.
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NZDUSD BUY SIGNAL (UPDATE)

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This pair sometimes too slow for me. The market condition is bullish for intra-day and the H4 and interestingly the D1 both has a weak oscillator reading for SELL. I will consider a BUY above the intra-day support at 0.6624. the S/R levels are attached to this post ======= UPDATE =======
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