I have a question Emmanuel about EUR/JPY and monthly resistance. At this very moment, EUR/JPY it is at monthly resistance. But the monthly resistance has bullish volume. The blue lined channel on M5 timeframe is compressed. Could this be a potential ...

Trading Made Simple

85 pips profit in GBP/JPY thanks to TMS. It was stressfree and I enjoyed trading more compared to a naked chart.

Trading Made Simple

I dropped you a message because this thread is only about TMS System. If I had to choose one trading system from all of this site, then I go with TMS. It's really great work.

Trading Made Simple

AUD/USD or not? To get a preview of the next month, I look at the 10year - 2year yield spread. Screenshot 1 shows the Aussie yield spread for August on monthly basis. This means weakness in AUD and strength in USD. 1:0 Bearish AUD/USD. In screenshot ...

Trading Made Simple

I wait until tomorrow. Tomorrow and on Thursday should be good buying opportunities.

EURUSD

Since I use demo account this is the only way to put myself under psychological stress and get used to it. Btw I changed that image

Trading Made Simple

I’m posting here because I use the TMS Method for entries and exits, again. I went through my checklist of: fundamentals for Q3 2022 drew an inflection point zone, which is nothing else than support and resistance. I want to cut it short and not go ...

Trading Made Simple

TP got hit. 157 Pips profit.

USD/CHF

Position traders can buy at 85.859. Reason for that trade are economic growth data of both countries.

NZD/JPY

Next H1 target would be 0.69462 with my entry at 0.69185 on M1 timeframe.

AUD/USD

Since pre-market Frankfurt open Shanghai composite and copper are up, that's why AUD/USD is bullish on H1. Also commercials are very bullish AUD this week.

AUD/USD

I found out something new over the weekend and that was about foreign exchange reserves of both countries. However, there's no correlation between AJ's price movements and was just coincidence. My bad. Thanks for that nudge!

AUD/JPY

Even though my stop loss got hit in AJ, I continue to look for shorts in high volume areas on daily timeframe and for August. This is because of the 10y2y yield spread which is 3 months ahead of AUD price action. Edit: Instead of AJ I'll be shorting ...

AUD/JPY

RBA hasn't done anything since June 2022 to stop depreciation of Australian Dollar. Japanese central bank has been heavily supporting in appreciating their Yen. This leads to weakness in AUD and strength in JPY. All in all, I'm short AUD/JPY. For H1 ...

AUD/JPY

From a fundamental view: This month AUD/USD will be down because USA's current GDP is down. When GDP is down then commodity currencies AUD/USD can be sold. Which is why I'm short AUD/USD on M30 timeframe for my next trade. Short entry: at 0.67717 ...

AUD/USD

For position traders: I have a short bias in USD/CHF. Reason is the 10y2y yield spread that can be seen in the first pic and leads USD/CHF price by 3 months of time. USD down, CHF up. Also on the daily chart price starts reversing. TP is at 0.96021.

USD/CHF

Gold short @ 1704.114 TP 1702.14 SL 1707.346 edit: i moved my stoploss to breakeven and so I got stopped out in breakeven.

Only Live Trades

my first live trade in audcad with 10 pips profit and tp got hit

Only Live Trades

fake pinbar (m15) in direction of high volume area means to go short gold edit: from the fundamental view, monthly 2y yields are up with big steepness, which is why i only look for short trades in gold.

Gold

tp of 67445 got hit

AUD/USD