Forex Blog |  key level

February 18, 2019 | 09:04

From the left, we can see the price has just arrived in a great fresh supply level, the first option is to open a sell position at the current price, the second option Is to wait and see if the price will break out the support zone below if that happened I’ll loom for price […]

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February 11, 2019 | 16:07

As we can see, the SPX500 price is just between 2 critical levels, each one of them is a great level for an intraday position, the supply above is a great level For Sell position, I’ll sell there on the first touch of the price, the demand below is a great level for Buy position, if the […]

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February 8, 2019 | 13:02

As we can see in the attached picture, the DAX index drop down from the last high and create a lower low in one movement, that drop created a new fresh supply above which is the Quasimodo level, I’ll wait for the price to return back that supply and I’ll sell there, my target for […]

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February 5, 2019 | 15:23

For the long terms, the SPX500 index is still in bearish momentum, the price is getting close to hitting the supply above which is a great supply for sell position, if the price will reach That supply I’ll sell there and my final target will be 2370.00 zones, it is also the last low at […]

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February 3, 2019 | 15:35

For the long terms, the XAU/USD is in bullish momentum, it seems that the next destination for the price is the resistance zone I marked above, the new fresh demand below seems Like a great continuation level to join the bullish momentum, if the price retrace that demand, I’ll buy there and my final target […]

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January 31, 2019 | 14:35

As we can see, the supply level I marked on the USD/JPY chart is a new fresh one, the price drop from that level which indicates on unfilled orders still waiting there, therefore, if the price will That supply I’ll sell there, my final target will be at 105.50 zones. The5ers Tradingview Channel

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January 28, 2019 | 13:16

I have marked on the chart the Compression area in a channel, as we can see the USDCHF price now goes against that compression area from the left, Compression is a situation Where the price moves up or down easily and slowly, picks all the orders on his way, struggling to move up or down, when […]

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January 27, 2019 | 13:59

After a long stamping, the XAU/USD price finally broke out the resistance at 1297.00 zones and creates a new fresh demand which I marked below, it seems the price tends to reach the supply Level from the left at 1315.00 zones, we can see that on a daily chart, the demand below is a great […]

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January 20, 2019 | 12:47

For the swing traders among us, I marked the next confirmation zone for USOIL which I’m waiting for the price to breakout. the first is the support zone below, if the price will break out this Support it indicates the price tends to reach the demand below, therefore, if that happens I’ll look for price action […]

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January 14, 2019 | 10:16

The SPX500 Index has suffered like all the other indices and markets from what looks like massive sell orders which cause the price to drop down, and now it seems the price has a Technical retracement, I measured the last downtrend on a daily chart with Fibonacci and find out that 61.8 level is a […]

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January 10, 2019 | 12:17

As a price action forex trader, my trading decision based mostly on Supply & Demand, the EURUSD now is bullish, and if we look at the daily chart, we can see that the next supply is Waiting at 1.1720, therefore I believe the price will tend to reach there, in order to join this bullish […]

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January 9, 2019 | 11:20

As a price action forex trader, I trade only at supply or demand levels, those levels also function as a final target for my positions, in the picture I attached we can see the support zone Below, if the price will breakout this support it indicates the price tends to reach the demand below and […]

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January 3, 2019 | 15:38

Those are the next key levels for intraday forex traders, The EURUSD has just created a new fresh demand below, it seems there are more buy orders waiting at this demand for the price to come back, that’s what called unfiled orders, the Demand below is a great level for short-term buy position, I’ll buy at […]

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December 30, 2018 | 12:38

As I wrote in my last post on SPX500, the long-term momentum is bearish and the supply above is a great level of sell position for swingers or long-term forex traders, as we waiting For the price to reach the supply above, the price created a new fresh demand which is a great demand for a day […]

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December 27, 2018 | 12:16

The XAU/USD has a drop of  13$ yesterday, this drop created a fresh new supply above, this supply level also creates a Quasimodo pattern which considers as a very reliable one Among forex traders, the drop from yesterday also changed the short term momentum from bullish to bearish and it seems the price now tends to reach the demand below, I’ll wait for […]

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December 25, 2018 | 12:58

As we all can see, the stocks markets all over the world suffering from what looks like a new crisis in the financial world markets, the last drop in the index creates a bearish momentum in all index at the long term (weekly chart), we all know that every crisis also creates great opportunities to […]

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December 18, 2018 | 14:02

The demand below is also the 38.2 Fibonacci level of the last uptrend, the combination of demand and fibonacci level together is a great one, if the price will hit that demand i’ll open buy position, my target for this position will be the last high which is the 100 fibonacci level. this position relevant […]

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December 18, 2018 | 10:20

As we can see the SPX500 is bearish now for the long-term. There are 3 scenario that i’ll wait for: 1 – The supply above is a great continuation level of sell position, if the price return to that supply i’ll sell there and my target will be 2480.00 zones. 2 – In case the […]

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December 11, 2018 | 10:30

For the intraday forex traders, EUR/USD is on his way to reach 61.8 Fibonacci Level of the down trend yesterday, it’s not only 61.8 Fibonacci level, it’s also a Great supply level for sell position, for now it’s seems the price is struggling to Reach that supply, if the price reach that supply i’ll sell […]

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December 5, 2018 | 13:20

While I’m waiting for the price to come back the supply above for almost 2 months, the price has created a new fresh demand below, for now, the price is just about to hit this demand, I’ll buy at this level and the supply above will be the target for this swing position, as I mentioned […]

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December 4, 2018 | 11:54

As we can see, the CCI indicator shows a clear divergence between the price lows and the indicator lows, as the price create a lower low the CCI shows higher low, this kind of Divergence indicates this bearish momentum is losing power and there is a good chance the momentum will change to bullish, we […]

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December 3, 2018 | 11:24

As we can see on the 4H chart, there is a potential that the price will create a Head & Shoulders pattern, If my prediction that I marked on the chart will come true, we will see the Head & Shoulders pattern up there, the reason I’ll sell at the supply above is not the […]

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November 30, 2018 | 12:37

As a price action forex trader, Quasimodo pattern is one of my favorites, it’s a very reliable pattern, and usually, this pattern opportunity create a great risk-reward ratio position, in That case, the supply above is a great Quasimodo level, the price changed the momentum from bullish to bearish with a one strong down movement, if […]

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November 28, 2018 | 12:37

As a swing trader in the forex market, I always prefer to mark the key levels supply & demand before and be ready with a limit orders, the supply above us, is a changing momentum one, this supply start the bearish momentum, I’ll wait for the price at this supply to sell, for now, the […]

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