YourLazyTrader

YourLazyTrader May 8, 2024

Hello friends, Friday was a good opportunity to sell EURUSD as price spiked to the resistance level. From the daily chart, we can clearly see that the descending trend line resistance has stopped the price. In addition, there is bearish candlestick formation at the 100-day EMA level. A combination of these two factors plus the bearish price action indicates...

YourLazyTrader Updated  May 8, 2024

Hello friends! AUD/USD has failed to break the 0.6650 resistance level. In fact, price has reversed after hitting the resistance zone. Based on the price action in the daily chart, I believe AUD/USD will decline further. I have already sold AUD/USD at the resistance zone. In case price reaches the resistance zone again, I will consider adding further sells in AUD/USD.

YourLazyTrader May 8, 2024

Hello friends, last Friday, GBPUSD broke the 1.26 level but failed to sustain above. The daily candle on Friday looks like bulls have lost control. Bulls have also failed at the key 100-day EMA level which further solidifies the bearish bias in GBPUSD . I have already sold GBPUSD on Friday above the 1.2620 level. At present, I will consider selling the...

YourLazyTrader Updated  Jan 10, 2024

Hello traders, hope you a great New Year! Coming back to GBP/JPY, we can see that the support level at 178.50 is still intact. So, as long as price stays above the support level, we can look for buy trades. Formation of two or more bullish candlesticks in the support zone would solidify the bullish bias. I would recommend going long between 178.50-179 with...

YourLazyTrader Updated  Jan 10, 2024

Hello fellow traders and the entire Tradingview community. I have come up with a bold new idea on USDJPY which can give us more than 320 Pips profit if it goes according to plan. As you can see from the hourly chart, USD/JPY is currently back to the same level as it was last Thursday. So, based on a simple demand and supply strategy, we can expect UJ to go up...

YourLazyTrader Updated  Jan 10, 2024

Hello traders and the Tradingview community! Previously we had over 140 pips profit by selling GBP/JPY around the 184.20 level. Currently, GJ is retesting the resistance level on the 4Hour chart once again. So, if the resistance doesn't break, we can look for another sell entry in GJ. Selling GBPJPY@184-184.20 with SL above the resistance level and initial TP...

YourLazyTrader Updated  Jan 10, 2024

Hello traders and the entire Tradingview Community! I am presenting a hourly chart analysis for GBP/USD. As you can see from the chart, price is struggling to break the 1.2760 supply level. So, if this continues, there might be a small pullback in GBP/USD. The price may fall another 30-40 pips towards 1.2690. However, I have no open sell positions in GBP/USD as...

YourLazyTrader Updated  Jan 9, 2024

Hello traders and the entire Tradingview community! Previously on my EUR/USD analysis from last week, I opened EURUSD long@1.0880 level when price dipped during Friday's data release. Currently, EUR/USD is well above the 1.09 level. From the chart, you can see that price is consolidating at the lower trend line of the ascending price channel. So, based on the...

YourLazyTrader Updated  Jan 9, 2024

Hello traders! Hope you had a great New Year! Now, looking at the GBP/USD 4-hour chart, we can see that price is at the moderate support zone. Although it has fallen below the 100 EMA on the 4Hour chart, there is a chance that GBP/USD will go back above 1.27 level if the support zone holds. I am already holding a couple of buys@1.2620 with target at 1.27. If...

YourLazyTrader Updated  Jan 9, 2024

Hello traders and the tradingview community! As predicted in my previous idea, GBP/JPY has reversed after hitting the resistance zone around the 184.20 level. So, if the bearish price action continues at this level, we can expect GJ to fall further. I am already holding some sells in GJ@184 with targets around 182 and finally 180. I believe traders can continue...

YourLazyTrader Updated  Jan 9, 2024

Hello traders and the entire Tradingview Community! Last week, I had advised you to buy GBPUSD@1.2620 level. If you followed my idea, you have made over 130 pips profit. Currently, GBP/USD is still holding above the key level around the dynamic support on the 4H chart . If price continues to hold above 1.2670, we can expect GBP/USD to go to 1.2750, 1.28 and...

YourLazyTrader Updated  Jan 9, 2024

Hello traders and the entire Tradingview Community! I am publishing an update of my sell idea from 3 January. As you are aware, we sold Gold@2072 level and our trade has generated over 500 pips worth of profit so far. Currently, price action is still looking bearish. The next meaningful support lies at the 100 day ema around 1983 and the moderate horizontal...

YourLazyTrader Updated  Jan 8, 2024

Hello traders and Tradingview Community! During the Asian session yesterday, I advised you to buy GBPJPY when the price was at 179.40. If you followed it, you have made over 400 Pips profit so far. Now, at the moment, GBP/JPY is approaching a resistance level. Keep in mind that the resistance level around 184 is not too strong. That being said, if there is...

YourLazyTrader Updated  Jan 8, 2024

Hello traders and the entire Tradingview community! Hope you had a great weekend! Taking a look at the EURJPY, we can see a price channel as indicated in my chart. The price channel has been working for more than 4 weeks now. As you can already see, price has reversed after hitting the upper trend line of the channel many times in the past. This time too, EJ...

YourLazyTrader Updated  Jan 5, 2024

Hello traders and the Tradingview community, our GBPUSD buy from yesterday at 1.2620 hit over 100 pips profit today. Although price has pulled back a little, it is likely that the uptrend may continue. The circular region highlighted in my chart is the key, as long as price continues to stay above this level, there's a chance that GBP/USD may reach 1.29. My...

YourLazyTrader Updated  Jan 5, 2024

Hello traders and the Tradingview community! Previously we had a great profit by selling EUR/USD@1.1120 last week. Our target of 1.0940 was hit yesterday generating more than 180 pips profit. Currently, EUR/USD is consolidating around the mid 1.09 levels. The direction of the next move will be determined by how price behaves around the 1.0965 mark. If we see a...

YourLazyTrader Updated  Jan 4, 2024

Hello traders, hope you had a great New Year! Last week I published to Sell ideas for EUR/USD with entry@1.1120 and TP@1.0940. It was an absolute jackpot idea as the price exactly hit my target yesterday with 180 pips profit. (I have attached the previous idea for you to check and verify) At the moment, we are witnessing the formation of a temporary bottom in...

YourLazyTrader Updated  Jan 4, 2024

Hello traders, XAU/USD has pulled back after hitting the resistance zone. At the moment, Gold is around 2065. Looking at the daily chart, I believe there is room for further decline in XAU/USD. I am looking for a sell entry in Gold@2072-2085 with Stop loss above the resistance and TP at 1982 . If this takes place, this trade can generate over 1000 pips in...