Analysis September 17

Welcome to the daily analysis!

Bold forecasting from Nathan today…

is he crazy?

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Don’t forget to read Tony’s fundamental analysis! Here is his post concerning tonight’s Australian news, click here to read.
 

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  • jose

    Hi Nathan, that was a very good analysis of the mkt, I liked and I learnt from it, Thank you very much.
    Now I would like to suggest something and please don’t get me wrong, I wonder if its possible to make the window of the analysis to open bigger and at the same time when you mention possible
    reversal points could it be possible you mention what exactly we should looking for: eg-shooting star-
    0r hammer- double top or bottom. I think that will improve your work 200%. Thanks!

  • Anthony

    I like your analysis, thanks for sharing it

  • NathanTucci

     Hi Kan, thanks for stopping by and leaving a comment! I greatly appreciate it! Glad I can help you wade through some trade ideas, it is always good to get multiple perspectives.

  • Kan

    great analysis as usual.  I like to do my own first and then see if i am being foolish or perhaps just to get a feeling that someone else agrees with me.  I had anticipated some kind of reversal and for me i think the USDCHF is also going to do some reversal this week

  • NathanTucci

     Thanks Dave, glad you joined the analysis.  I am certainly hoping the signs are right!

  • Dave

    Hi  Nathan,
    I think you are spot on with your analysis, All the signs indicate a possible turn round to the downside

  • NathanTucci

     Ah, Okay, thanks so much for that critique. I never realized that people might not be able to gather that! I will try to remember to be verbal about the prices!

  • NathanTucci

     hahaha, Thanks Pete! Even if you are lying, I still appreciate it! lol

  • NathanTucci

     Hey Phil, thanks so much for the comment and for following along with us! Yeah, the GBP short potential is huge, lets hope we get a sweet signal… Yeah, we will definitely be locking in profit as it rides, Phil. We want to give it enough room to hit some of the long term possibilities we talked about in the analysis, but at the same time, we need to not let tons of profit evaporate, so we work to find the balance there. I hope that makes sense.

  • NathanTucci

     haha thanks! I was actually there to meet with other traders at the Forex and Options show they hold each year in September; it was a small show, but we met some good traders with some really good info. Hopefully, we will be able to expound on some of the new stuff we are learning and share it with you all when we are experts 🙂 …. Anyway, yeah, the reversal potential is huge. It is difficult to think that the GBP will just turn right around without any type of struggling/fake-outs/re-testing, but just in case it does crash without any of those, I dont wanna miss it!

  • NathanTucci

     Yeah, it is tough to not be overly bias in one direction all the time–I struggle with that a lot. But if we take away some of the bias and try to be 100% analytical, I think it can go a long way. Thanks for watching and being so kind to leave a comment. Good luck in your trading!

  • NathanTucci

     Thanks for watching and the comment; yeah, I agree that setups like these–with this much room for a reversal switch–are rare. I am hoping we get powerful follow-through on the reversal momentum, because that could mean great money for us!

  • NathanTucci

     Hey, thanks so much for watching and leaving a comment! I really appreciate you taking the time to do that… I am really glad you are getting value out of the analysis. We work hard to be consistent, so it is great to hear that it is paying off and we are providing a real value and insight to traders. Thanks so much for watching and I hope you keep coming back!

  • NathanTucci

     Thanks for watching and being so kind as to leave a comment, Stephane, I appreciate you taking the time to do so! … I should have done some analysis on the USD/CAD as well, you are right. I guess I just got too focused on the 3 others and I didn’t want to overwhelm myself with trade ideas or the people watching.. I will take a look with everyone on the next analysis of the USD.CAD and show you what I am thinking there.

  • NathanTucci

     Thanks Clay, appreciate the feedback! I hope to follow up with it in the next analysis and see how things look then.

  • NathanTucci

    Hi, glad I am amusing! 🙂 … Thanks for watching, I appreciate it a lot and it is really great to see all the feedback via the comments!

  • NathanTucci

     Thanks Sean! I appreciate you watching and leaving the compliment! 🙂

  • NathanTucci

     hey Mitchell thanks for watching and leaving the comment with your trade thoughts–it is really great to get an idea of what other traders are doing…. I think there is HUGE reversal potential on all 3 of the pairs, but the GBP does worry me because it hasn’t actually shown (in my opinion, of course) a reversal price action signal on any longer time frames… Still, I think GBP has a lot of potential, but I am just not brave enough to short it yet haha

  • NathanTucci

     Hey, thanks Don, I am glad that you watched! I hope you are able to jump on these opportunities and make some money on the USD crosses that we talked about! Tons of potential, but potential and follow through are two different things!

  • NathanTucci

     Thanks for watching! I appreciate the comment!

  • NathanTucci

     Awesome, David, glad we are on the same page! Thanks so much for watching the analysis. Glad I can give you something to confirm your trade thoughts. It is always good to see what other traders are looking at.

  • NathanTucci

     Yeah, Ben, tons of “potential” in all of the USD crosses. Lets hope we get a full momentum shift and get into the money!

  • NathanTucci

     Thanks Paul, appreciate you tuning in and leaving a comment. Let me know if you are making any money with these USD crosses

  • NathanTucci

    Let me know if you make some money, Jim.

  • Jcherne

    Liked your analysis but had trouble reading the prices on the various levels. It would be helpful to me if you would includes the price levels in your verbal commentary. Thanks

  • Pete T.

    It is the best daily analysis EVER!!!  😉

  • Phil

    Hi Nathan , Awesome Analysis, sure hope it comes off just as you say , I am watching the profits grow on the catapult as we speak ,
    I was a little concerned about the support at 1.0435 on the Aud /Usd I hope it keeps on rolling through that .
    I sure like the Gbp / Usd trade I think anywhere around the 1.63 level I will be looking for a solid short signal.
    I am already short on the Eur , So looking good so far .
    Just a question on the catapult do you put stops in to lock in your profits, as we continue the downtrend ?

  • Dieumichael

    Hi Natham . Re GBPUSD I looked at the weekly chart and it certainly support your analysis of a strong possibility of a reversal.

    Carry on the good work and go easy on the trips to Vegas

  • Rblaz18

    Good job, Nathan. As a cofirmed “bear” I need to take care my own bias doesn’t muddy the waters..lol

  • Cydean69

    I’m with you,Nathan..
    It’s rare opportunity to see .. come on guy’s..make it happen.

    May the force be with us all…

  • YB

    hi Nathan, very valuable and logical analysis you have there, learn a lot from these too, tks  and hope to hear from you more often, keep it up….cheers

  • Stephane

    Good analysis. I am thinking bearish on audusd too, just waiting for a good setup to enter. Another sign of possible USD strength is USDCAD that started to make higher lows on the daily chart.Good work, Nathan. 

  • Clayp3

    Great analysis Nathan. I think you’re spot-on. 

  • Hlproske

    love your humor Nathan.  Thanks for the trading help!

  • Sean

    This was a very good analysis!!! 

  • Mitchell McCann

    I take back the EUR/USD sell. I think that it is likely to go down, but not nearly as likely as the others. It is starting to break the trend line to go up.

  • Mitchell McCann

    I completely agree with Nathan here. I have looked at all three charts and have already opened short positions. I use a Demark Trend Line indicator which shows points of over supply and over demand and it has shown that all three are oversold. Even the GBP/USD on a 4 hour chart has started a reversal and broken the trend line. I believe in strong sells here.

  • Donald Martin

    You got me excited about these pairs Nathan and will be watching them more closely because of your great analysis.  Thanks Don.

  • Riclew

    That’s a good analysis

  • David

    Great video with lots of wonderful insights. personally been watching same levels on eu, gu and ua. Thanks . David

  • NathanTucci

    Yeah, that’s true, Tony. The news is always playing a big roll in the market movement, but I am relatively confident (as confident as you can be, I guess, concerning news) that the news will back up the technical signs

  • Good work! The policy statement released tonight could make a difference with the AUD too.

  • I have to admit it is a good analysis but remember in trading nothing is certain that is why you trade your plan and always follow it. With solid risk management in every trade that is where the key to success lies.

  • NathanTucci

    Well, there is no guarantees in trading so…. probably.

  • NathanTucci

    No, I changed my mind…definitely.

  • NathanTucci

    I will be the first to comment…. I do NOT think I am crazy, I think these trade set-ups are gonna be AWESOME…. maybe.