Forex1Percent Free Channel

23 Jan 2021 22:54

EURAUD Daily: cleared down trend here as we are starting to push up towards our descending trendline where we can look for lower timeframe rejection at this level for short positions. I will update as we move forward to see how we are approaching this level correctively or impulsively, this will give indication if we could reverse from this level. Market structure is still intact as price is creating potential new lower highs.

Forex1Percent Free Channel

23 Jan 2021 22:52

EURCAD 4h: we saw an impulsive break out of the descending channel where we can now forecast a lower timeframe correction either on the one hour or the four hour timeframe to take part in long positions here.

Forex1Percent Free Channel

21 Jan 2021 20:45

If you entered here on the close of the 1h candle of the breakout then likely stopped out at BE... I am still barely in as I entered on a sell stop below the structure. BE trades happen it’s just apart of the game.

Forex1Percent Free Channel

21 Jan 2021 10:00

There goes oil✅ perfect entry, SL should be above corrective structure. At 2% profit move SL to BE.

Forex1Percent Free Channel

21 Jan 2021 06:22

USOIL 1h/15m: On the 1h we can see a double top has formed or triple top if you want to call it. Now we have a clean example of impulse and correction it’s just on a smaller scale. So becasue this LTF correction is on the 15m we will look for a 15m break and close below the correction To go short. Could be close to 1:6 RR if we get proper confirmation. It’s possible we continue to trickle up correctively but the set up will remain the same.

Forex1Percent Free Channel

20 Jan 2021 18:43

I’m not looking to enter this set up, not as clear as our forecast was projecting

Forex1Percent Free Channel

20 Jan 2021 17:30

GBPNZD 100 pips showed exactly where to enter here ✅ move SL to BE

Forex1Percent Free Channel

20 Jan 2021 01:04

GBPNZD looking for a break of ascending trendline in the 1h to go short, better to wait for more confirmation.

Forex1Percent Free Channel

19 Jan 2021 19:35

GBPNZD has moved further up and no confirmation yet, better to wait for more confirmation here and be patient. I will update later on

Forex1Percent Free Channel

19 Jan 2021 07:11

GBPNZD 4h UPDATE: On the 4h we can see now we are moving within a rising wedge as we are approaching our key level which is good to see that we are approaching our reversal level correctively. Im looking for price to first complete our 3rd touch of this structure which would coincide also with a larger double top level as well as our Weekly downtrend line which gives us strong confluence. For entry I’m now looking for a 1h rejection of the this level indicated, I would like to see price react to the weekly downtrend line before starting to reverse.

Forex1Percent Free Channel

19 Jan 2021 00:57

UPDATE: Going forward I will not be doing anymore free zoom videos every Sundays for free telegram. I am going to strictly post them in our Advanced Course group to direct more focus to the people learning our strategy. I will still be posting occasional YouTube videos and possible a Zoom for free telegram ever so often, but the weekly calls will now only be for Advanced Course members to help mentor them. The rest of this channel will still run as normal with set ups.

Forex1Percent Free Channel

18 Jan 2021 09:29

I have closed EURNZD in profit, swing trade from 2 weeks ago👌🏼

Forex1Percent Free Channel

16 Jan 2021 21:26

This week is a good example of why our strategy is so helpful in terms of understanding market stages as there is a lot of forecasts this week. Now that we effectively forecast positions we just sit back with our alerts set and let the market come to us instead of chasing. This is how trading is supposed to be.

Forex1Percent Free Channel

16 Jan 2021 21:23

EURJPY Daily/4h: textbook ascending channel breakout here. So after the impulse stage we know a correction is likely to form which we can forecast and wait for to get into short positions. Becasue the impulse here was very deep, we could see a larger/longer corrective move back up.

Forex1Percent Free Channel

16 Jan 2021 21:20

USDJPY Daily/4h: We have a good example of a pattern within a pattern which makes this set up higher probability. We have a larger descending channel on the daily and within that we have another one (reversal patterns) we also have completed the third touch of the larger structure. Within this larger structure we have a text book example (break of reversals pattern, impulse move up, and now forming a clean correction for the next impulse move up) I’m looking for the 3rd touch of this smaller bullish correction to go long.

Forex1Percent Free Channel

23 Jan 2021 22:53

USDCHF Daily: Still waiting on an entry for this pair as we have a clear inverse head and shoulders here at the last daily candle looks like we could be ready for the push up now. Confirmation enter this trade would be based on a 1h break of the neckline.

Forex1Percent Free Channel

22 Jan 2021 19:58

USDJPY playing out exactly as forecasted, I didn’t get an entry here based on DXY weakness but if you did it’s running nicely ✅

Forex1Percent Free Channel

21 Jan 2021 20:06

Was taken out of oil for -1%

Forex1Percent Free Channel

21 Jan 2021 06:54

We are possibly seeing a rejection here but DXY is very bearish right now, that being said I think it’s best to wait on this set up until we see better confirmation from DXY

Forex1Percent Free Channel

21 Jan 2021 05:04

I have fully closed all NZDCAD positions from last week ✅

Forex1Percent Free Channel

20 Jan 2021 17:30

Keeping on watch for entry

Forex1Percent Free Channel

20 Jan 2021 04:28

USDJPY 4h update: Adjust your trend-lines as such, this is why it’s important toy wait for the third touch as I indicated, this is how we avoid fake breakouts like we saw here. Looking for a 1h rejection at indicated level.

Forex1Percent Free Channel

19 Jan 2021 19:40

Now running 130 pips still running from last week. Swing traders have the ability to take part in trade like these where we let our winners run for a few weeks✅

Forex1Percent Free Channel

19 Jan 2021 07:22

If price moves beyond this indicated level and closes then the setup will be temporarily invalid. If we do get confirmation to enter give your SL a bit of room above the weekly trendline.

Forex1Percent Free Channel

19 Jan 2021 05:57

Still waiting for a further move down here.

Forex1Percent Free Channel

18 Jan 2021 18:25

GBPNZD approaching key level but showing some strong bullishness, I’m gonna wait a bit longer for possible a 4h reversal candle/pattern to give us better confirmation.

Forex1Percent Free Channel

16 Jan 2021 22:21

GOLD 4h: Still waiting patiently for price to come back up to the top of this bearish structure to get in short positions. Clean break of ascending channel, impulse and correction. Will wait for a 1h reversal candle at the top of the structure to go short. If we move further down from here I will not enter.

Forex1Percent Free Channel

16 Jan 2021 21:25

NZDCHF Daily/4h: we have a good example of a double top extended here where price moved past the double top level correctively and has now broken out. Becasue this pattern could possible still be within a bullish continuation pattern (bullflag) I want to wait for a correction to form to show me we are now moving bearish. If no correction then no trade here.

Forex1Percent Free Channel

16 Jan 2021 21:22

GBPUSD Daily/4h: we are moving within a larger uptrend channel and we can see another pattern within a pattern here. We have a larger double top and a smaller double top within that. We now have the impulse stage forming where we can wait for the corrective stage to form to get in short positions.

Forex1Percent Free Channel

16 Jan 2021 21:18

USOIL 4h/1h: We have a double top and a break of uptrend line. After the impulse I’m forecasting a LTF correction to get in short positions.