Forex1Percent Free Channel

08 Jan 2021 08:53

USOIL 4h/1h: higher timeframe we are moving within an ascending channel and have now reached the outer structure. We can see a clear example of an impulse and correction here on the 4h as the correction is moving bearish (in the same direction as the impulse move up). For confirmation i would like to wait for a 1h break below this corrective structure to take short positions for what could be a longer term swing.

Forex1Percent Free Channel

07 Jan 2021 18:19

AUDCAD running as forecasted✅

Forex1Percent Free Channel

06 Jan 2021 18:40

If you guys watched the video I posted here last week GOLD has played out exactly as forecasted

Forex1Percent Free Channel

06 Jan 2021 09:19

Move SL to BE risk free trade let it run🙏🏼

Forex1Percent Free Channel

06 Jan 2021 08:58

EURNZD running 130+ pips ✅

Forex1Percent Free Channel

06 Jan 2021 00:36

USOIL Daily/4h: We are moving within an ascending channel here after the large impulse move up. This is a reversal pattern as we are not moving up to complete the 3rd touch at the outer structure where we can look for a 1h rejection here to go short. Retail traders tried to short at the bottom of the channel and now wiped out, we will wait for the real move at indicated level. If we break and close above this level then set up will be invalid.

Forex1Percent Free Channel

05 Jan 2021 18:38

AUDCAD 4h: Nice ascending channel here looking for a third touch of this structure to show completion. Will wait to see if price makes it’s way up to this level and looking for a 1h rejection candle for a risk entry trade. The reason it’s called a “risk entry” is becasue we are taking a trade within the reversal structure, by rule this patterns aren’t validated until a breakout occurs but taking a trade here will supply much better risk to reward. Let’s be patient

Forex1Percent Free Channel

05 Jan 2021 18:25

EURNZD running near 100 pips✅

Forex1Percent Free Channel

05 Jan 2021 06:25

Update your and adjust trend lines on CADJPY as the last line was not respected by the fakeout. It’s possible price could make its way back to the outer structure which would supply a great risk to reward trade. IF NOT, and price breaks down below from here like I said I will wait for a LTF correction as price has been moving funny here so far, best to wait for better confirmation rather than entering on a breakout here.

Forex1Percent Free Channel

04 Jan 2021 18:58

Good example here on why we don’t take trades in Sunday’s as we had a massive fakeout on the breakout here. Still looking for long positions but will re adjust now

Forex1Percent Free Channel

02 Jan 2021 08:11

GBPJPY Weekly/Daily: looking at this set up from a higher timeframe perspective we can see on the weekly timeframe we are approaching a strong descending trend line that has been respected in the past. This level would also coincide with a daily double top zone as well which would add confluence. The one hour timeframe looks bearish Short term which is why I have indicated a potential smaller pull back but the previous daily candles have closed bullish so I’m expecting that price will continue to move hire to this indicated level which could provide a great short opportunity for a longer-term hold

Forex1Percent Free Channel

02 Jan 2021 08:08

EURNZD Daily/4h: on the daily timeframe we can see another good example of an impulse and collective move. We have now broken out of the larger correction and now we are looking for a lower timeframe, smaller correction to look to take short positions

Forex1Percent Free Channel

02 Jan 2021 08:05

EURAUD Weekly/Daily: on the weekly timeframe we can see we have recently broken out of a corrective structure after the impulse move down. Now when we look on the daily we can see we are currently in the impulsive stage where we can now simply wait for the next corrections to take place to look for short positions. It’s likely we see price move down further before correcting but nonetheless we will wait for a lower timeframe correction to take place to look to go short

Forex1Percent Free Channel

02 Jan 2021 08:03

NZDCAD 4h: here we have a nice example of one of the patterns we utilize within our advanced course strategy (double top extended) this pattern is seen when price is at a double top zone and correctly moves higher while still within an ascending channel which we can see here as a great example. I am only interested in taking short positions if we get a one hour break out below this channel.

Forex1Percent Free Channel

30 Dec 2020 23:39

Gonna start posting more content on YouTube since we have gotten such great feedback on our videos!

Forex1Percent Free Channel

07 Jan 2021 18:49

CADJPY sell bias is invalid now as our original position (what was left of it) from a few weeks ago was stopped out at BE as well.

Forex1Percent Free Channel

07 Jan 2021 08:12

Pretty slow week in terms of # of traders taken, markets are still moving slowly as volume starts to move back into the forex market, will take it slow and not force any trades.

Forex1Percent Free Channel

06 Jan 2021 18:40

BE hit on NAS100✔️
EURNZD running 180 pips✅
AUDCHF got stopped out for -1% ❌

Forex1Percent Free Channel

06 Jan 2021 08:59

NAS100 running 140+ pips✅ (correction) didn’t mean to put 800...

Forex1Percent Free Channel

06 Jan 2021 00:48

NAS100 4h (NASDAQ): Previously price was moving within a rising wedge and we have a great example of our 3 touch pattern completion as we touched the outer structure for the 3rd time and saw a massive impulse move down for the breakout. Now after an impulse we know a correction is likely to take place which we can see here, I’m looking for a 1h break below this correction to go short.

Forex1Percent Free Channel

06 Jan 2021 00:34

AUDCHF 4h: Similar to AUDCAD I believe we will see a move up to the outer structure here where we can look for short positions if we get candle confirmation. I see we are at a double top level and the 4h closed bearish but I can see retail traders getting stopped out here selling the double top as we move to the outer structure where price is more likely to reject.

Forex1Percent Free Channel

05 Jan 2021 18:32

Move SL to break even here^

Forex1Percent Free Channel

05 Jan 2021 18:20

USD is extremely bearish, be careful shorting xxxUSD positions or buying USDxxx

Forex1Percent Free Channel

05 Jan 2021 06:14

EURNZD playing out exactly as forecasting as I mentioned we would wait for a lower time frame correction, perfect example of the power of forecasting and understanding market stages. Running 50+ pips✅

Forex1Percent Free Channel

03 Jan 2021 23:15

Lots of gaps today, don’t rush into the market best to wait for Monday 👌🏼

Forex1Percent Free Channel

02 Jan 2021 08:09

GBPNZD Daily/4h: on the daily timeframe we can see we are moving within this down trend channel as we are now approaching the outer structure of the larger trend line. On the four hour timeframe we were also moving correctively. This set up needs more time to develop but it’s important to keep an eye on this to see how price will approach this key level.

Forex1Percent Free Channel

02 Jan 2021 08:06

CADJPY Daily/4h: still holding our previous position on this trade but seeing a nice scale and opportunity here for another short position. On the daily timeframe it looks a lot more clear what is happening, we have a simple impulse and correction after the break of the previous uptrend. We can also see these daily candles that have formed this correction are also getting weaker as we move higher. I would like to wait for a one hour break below the structure before taking short positions.

Forex1Percent Free Channel

02 Jan 2021 08:04

CADCHF Daily: very clean set up here as we are moving within this larger outer structure which gives the parameters for a potential take profit level. We can see on the daily timeframe we have been moving within this smaller corrective channel and are nearing a break out. I will look for a one hour break above this level to look for long positions

Forex1Percent Free Channel

30 Dec 2020 23:40

https://m.youtube.com/channel/UCBImL2iA5gAsAkObePIn9xA

Forex1Percent Free Channel

27 Dec 2020 09:12

Will likely be posting a video tomorrow going over a few set ups, GOLD/DXY and a few FX pairs. I am not trading till the new year but going over some of the HTF charts seeing some good things to talk about and shed light on👌🏼