Here's the link on China's budget deficit: url

Trap the Market

The AUDUSD is facing a push to the downside perhaps linked to the uncertainties surrounding China's budget deficit. A drop below the monthly pivot which would see price under the 4H 200 EMA is likely to add further impetus for a southward mode. I ...

Trap the Market

Good to learn about recovering your losses. A drop below the monthly pivot which would see price under the 4H 200 EMA is likely to add further impetus for a southward mode. KP

AUD/USD

I have a bearish bias on the GBPUSD. It opened below yesterday's daily high and is now trading below the monthly pivot. KP

Success Guaranteed - Simply Trade Better

GBPUSD opened below yesterday's daily high and is now trading below the monthly pivot. I have a bearish outlook on this pair. Trade safe. KP

Cable Update (GBPUSD)

GBPUSD opened below yesterday's daily high and is now trading below the monthly pivot. Any bearish move that breaks the daily pivot will be cue for me to trade southwards. I may be wrong. Trade safe.

Trap the Market

Trade safe. KP

Cable Update (GBPUSD)

If you are a swing or positiion trader, this video will help you learn to effectively manage your watch list - I don't have any business relationship with the presenter. Trade safe video

Trap the Market

I have now decided to reduce the number of pairs on my watch list and focus primarily on the pairs whose economic background I have a good mastery of. KP

Success Guaranteed - Simply Trade Better

One of the things I learnt recently is the strategic use of technicals and fundamentals. As I base my analysis mainly on technicals, I have seen the need to incorporate fundamentals to fine tune my perspective and time my trade. Another aspect is ...

What Would You Do Differently Today for Better Trading Results?

Thanks m8. Lol KP

Cable Update (GBPUSD)

Look at your chart and check what has happened to the pair since I made the post about 6 hours ago. Show some respect to fellow FF members and don't learn the wrong habits you see in FF. KP

Cable Update (GBPUSD)

A break above yesterday's high (the high of the doji created yesterday), which is also above the daily pivot, is likely going to offer much possibility for a northward move on GBPUSD with a target at the next significant resistance level just below ...

Trap the Market

A break above yesterday's high (the high of the doji created yesterday), which is also above the daily pivot, is likely going to offer greater possibility for a northward move on this pair with a target at the next significant resistance level just ...

Cable Update (GBPUSD)

Based on my mid-week update, in the short-to-medium term, the GBPUSD has a northward disposition; however the momentum is weakening. It may take good GBP fundamentals (or related ones) during the week to energize the momentum. Otherwise, there is ...

Trap the Market

Yes!

EURUSD

We are predominantly in a ranging market on EURUSD, although there's quite a load of movement on either side - an upward channel was created on the daily chart over 20 days ago and a range on the weekly time frame has developed for quite a while; ...

Trap the Market

We are predominantly in a ranging market, although there's quite a load of movement either side - an upward channel created on the daily chart over 20 days ago and a range on the weekly tf; this condition will surely delight scalpers. Trade safe. KP

EURUSD

Very good. Sit it out until you have the right set up for your next trade. KP

Cable Update (GBPUSD)