{"id":156,"date":"2016-04-07T10:37:29","date_gmt":"2016-04-07T10:37:29","guid":{"rendered":"https:\/\/forexmentorpro.com\/blog\/?p=156"},"modified":"2017-02-03T15:16:04","modified_gmt":"2017-02-03T15:16:04","slug":"earth-sky-forex-analysis","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/earth-sky-forex-analysis\/","title":{"rendered":"Earth &#038; Sky Forex Analysis"},"content":{"rendered":"<p>Good morning everyone<\/p>\n<p>We back from a super holiday and it really suck to be in front of the computer again after you have been in the wide open African Savannah \u00a0&#8211; spotting lions, elephants and buffalo (3 of the big 5) The only 2 we didn&#8217;t see were the leopard and rhino &#8230;&#8230;..<\/p>\n<p>Anyway&#8230;&#8230;we need money to travel so while I wait for trades to set up I will start planning our next trip&#8230;&#8230;&#8230;&#8230;&#8230;. \ud83d\ude42<\/p>\n<p>&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.<\/p>\n<p><strong><span style=\"text-decoration: underline;\">African proverb for the week:<\/span><\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-157 size-full\" src=\"https:\/\/forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/1.png\" alt=\"Earth &amp; Sky Forex Analysis\" width=\"304\" height=\"235\" title=\"\" srcset=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/1.png 304w, https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/1-300x232.png 300w\" sizes=\"(max-width: 304px) 100vw, 304px\" \/><\/p>\n<p>&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.<\/p>\n<p><strong>1)\u00a0`Red Flag News`<\/strong><b><i><span style=\"text-decoration: underline;\">\u00a0<\/span><\/i><\/b><strong>that can make you lose your pants if you are not careful.<\/strong><b><i>\u00a0<\/i><\/b><strong>\ud83d\udca1<\/strong><\/p>\n<p>You can use the following web site for\u00a0<b>`SCHEDULED NEWS`<\/b>\u00a0for the week @\u00a0<a href=\"http:\/\/www.dailyfx.com\/calendar\" target=\"_blank\" rel=\"noopener\">http:\/\/www.dailyfx.com\/calendar<\/a><\/p>\n<p><strong>Don`t take any<\/strong><b><span style=\"text-decoration: underline;\">\u00a0trades\u00a0<\/span><\/b><strong>just before\u00a0<\/strong><em><b>`Red Flag News`<\/b><\/em>\u00a0If you are already in a trade, protect your entry. I don\u2019t want to meet up with you at Little Beach, Maui, Hawaii. Did you know this is a nudist beach?<\/p>\n<p>For reference if you don\u2019t want to believe me, have a look at the 4th of April 2013 at all the JPY pairs what happened with price after\u00a0<strong>`Red Flag News`<\/strong>\u00a0came out.\u00a0<strong>ALWAYS TRADE\u00a0WITH A STOP!\u00a0<\/strong><\/p>\n<p>Still don\u2019t believe me? Then you must be new to Forex Trading<\/p>\n<p>Have a look at what the Swiss did to the market on the 15th of January 2015!!<\/p>\n<p><b>You would have lost the shirt on your back, your house, your car, your personality and your virginity for a 2nd time if you didn\u2019t have a stop in place!!! \ud83d\udc7f<\/b><\/p>\n<p>&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.<\/p>\n<p><em><b>2) Where is the\u00a0`Forum Hang out Spot`\u00a0that everyone is talking about?<\/b><\/em><\/p>\n<p><em><b>On the top of this main page, go to the\u00a0`Members Forum`\u00a0Tab and click on it&#8230;&#8230;.once in there, look for\u00a0`Pierre`s Corner`\u00a0and click on it&#8230;&#8230;&#8230;Once in there look for\u00a0`Pierre`s Trading\u00a0week `and click on it&#8230;&#8230;..once in there, look for the\u00a0Current week`s Thread Tab\u00a0and click on it&#8230;&#8230;&#8230;..easy as pips! \ud83d\ude09<\/b><\/em><\/p>\n<p><em><b>Or if you have the need for speed and want to trade Gold. Oil\u00a0and some other instruments\u00a0and want to hang out with\u00a0Omar&#8230;&#8230;&#8230;&#8230; On the top of this main page, go to the\u00a0`Members Forum`\u00a0Tab and click on it&#8230;&#8230;.once in there, look for the\u00a0`Operation Gold\u00a0Rush`\u00a0Tab and click on it \u2013 there you have it, you have struck gold!! \ud83d\ude42 \u00a0<\/b><\/em><\/p>\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026<\/p>\n<p><strong>3) This week`s Analysis:<\/strong><\/p>\n<p><strong>This is my current `Earth and Sky<\/strong><b>\u00a0Trading\u00a0<strong>Zones` \u2013<\/strong>\u00a0<strong>Please take note of the time frames I am looking at.<\/strong>\u00a0<strong>\u2757<\/strong><\/b><\/p>\n<p><strong>Sometimes I will refer to<\/strong><b>\u00a0<strong>`The mother in law`<\/strong>\u00a0<strong>in my video`s or in my write up. The mother in law represents the 200 EMA (the pink line) on that specific time frame.<\/strong><\/b><\/p>\n<p><strong>If you new to the `Earth and Sky`\u00a0method, please make sure you download your free e-book.<\/strong><\/p>\n<p><strong>Go to the<\/strong><b>\u00a0<strong>`Forex\u00a0Education Tab`<\/strong>\u00a0<strong>here in the main blog and look for the `Earth and Sky<\/strong><span style=\"text-decoration: underline;\">\u00a0Trading\u00a0<\/span><strong>System`<\/strong>\u00a0<strong>where you will\u00a0find helpful videos using this system and some Indi`s I use.<\/strong><\/b><\/p>\n<p><strong>Remember to have a look at some of the other methods we teach here at<\/strong><b>\u00a0Forex\u00a0<strong>Mentor Pro too.\u00a0\u00a0<\/strong><\/b><\/p>\n<p>&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.<\/p>\n<p><strong>Ok&#8230;..let&#8217;s have a look at the Earth and Sky analysis for the week:<\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-158 size-full\" src=\"https:\/\/forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/2.png\" alt=\"Earth &amp; Sky Forex Analysis\" width=\"526\" height=\"330\" title=\"\" srcset=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/2.png 526w, https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/2-300x188.png 300w, https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/2-320x200.png 320w, https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/2-400x250.png 400w\" sizes=\"(max-width: 526px) 100vw, 526px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong style=\"line-height: 1.5em;\">My current antelopes I am looking at:<\/strong><\/p>\n<p>* Euro\/JPY<\/p>\n<p>* GBP\/JPY<\/p>\n<p>* Aussie\/JPY<\/p>\n<p>* USD\/JPY<\/p>\n<p>Only look to take one as they are positive correlated. ( moving in the same direction) and the<\/p>\n<p>* NZD\/USD not covered in my analysis but here is a chart:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-159 size-full\" src=\"https:\/\/forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/3.png\" alt=\"Earth &amp; Sky Forex Analysis\" width=\"657\" height=\"397\" title=\"\" srcset=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/3.png 657w, https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2016\/04\/3-300x181.png 300w\" sizes=\"(max-width: 657px) 100vw, 657px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"line-height: 1.5em;\">&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.<\/span><\/p>\n<p><strong>1)<\/strong><b>\u00a0<strong><span style=\"text-decoration: underline;\">Euro Index on the<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a04 hour <strong>:<\/strong><\/span><\/b><\/p>\n<p>Difference between last week\u2019s open\/close: Plus 119 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Earth and Sky Trading Zone for the week:<\/span><\/i><\/b><\/p>\n<p><strong>Remember, if price don\u2019t give us the pull back but instead make new lows\/highs follow price with your fib to get the &#8220;adjusted&#8221; Earth and Sky<\/strong><b>\u00a0Trading\u00a0<strong>Zones for the week.<\/strong><\/b><\/p>\n<p>Price is above the 200 EMA<br \/>\n34 EMA (sky) is above the 55 EMA (earth)<br \/>\nDirection: Long<br \/>\nPotential trading zone: Between the 110.13 and 99.74 levels<\/p>\n<p>Potential area to look for reaction: At the 100.13 and 100.00 levels<\/p>\n<p>Potential Profit take areas: At the 100.51 and 100.90 and 101.28 levels<\/p>\n<p>MACDEE Divergence: No<br \/>\nStochastic: No mans land<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Counter Trades:<\/span><\/i><\/b><\/p>\n<p>Potential Counter Trades: At the 101.28 level<\/p>\n<p>Potential Profit take areas: At the 100.80 and 100.32 levels<\/p>\n<p><b>Warning: Counter trades are always more riskier than trading with the main trend so change your lot size accordingly if you want to counter trade !!!<\/b><\/p>\n<p><b><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>Wait for price to come to you.<\/p>\n<p><b>Correlation:<\/b>\u00a0Remember that the following pairs make out the\u00a0<b>`Euro Index Basket`<\/b>\u00a0\u2013 The Euro\/Dollar, Euro\/JPY, EURO\/GBP and the EURO\/CHF.\u00a0<b>(They all move in the same direction)<\/b>\u00a0Use the `Euro Index` for extra confirmation and information to trade the basket pairs. If you don\u2019t have the index on your platform\u2026..download a demo account with Forex LTD at\u00a0<a href=\"http:\/\/www.forexltd.co.uk\/\" target=\"_blank\" rel=\"noopener\">http:\/\/www.forexltd.co.uk\/<\/a><\/p>\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026.\u2026&#8230;<\/p>\n<p><strong><span style=\"text-decoration: underline;\">2)<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a0<strong>Euro\/Dollar on the 4 hour chart:<\/strong><\/span><\/p>\n<p>Difference between last week\u2019s open\/close: Plus 239 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Earth and Sky Trading Zone for the week:<\/span><\/i><\/b><\/p>\n<p><strong>Remember, if price don\u2019t give us the pull back but instead make new lows\/highs follow price with your fib to get the &#8220;adjusted&#8221; Earth and Sky<\/strong><b>\u00a0Trading\u00a0<strong>Zones for the week.<\/strong><\/b><\/p>\n<p>Price is above the 200 EMA<br \/>\n34 EMA (sky) is above the 55 EMA (earth)<br \/>\nDirection: Long<br \/>\nPotential trading zone: Between the 1.1296 and 1.1225 levels<\/p>\n<p>Potential area to look for reaction: At the 1.1306 and 1.1296 levels.<\/p>\n<p>Potential Profit take areas: At the 1.1368 and 1.1439 and 1.1506 levels<\/p>\n<p>MACDEE Divergence: No<br \/>\nStochastic: No mans land<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Counter Trades:<\/span><\/i><\/b><\/p>\n<p>Potential Counter Trades: At the 1.1506 level<\/p>\n<p>Potential Profit take areas: At the 1.1419 and 1.1330 levels<\/p>\n<p><b>Warning: Counter trades are always more riskier than trading with the main trend so change your lot size accordingly if you want to counter trade !!!<\/b><\/p>\n<p><b><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>Looks like we in a triangle on the 4 hour chart.<\/p>\n<p><strong>Correlation:<\/strong>\u00a0This pair is\u00a0<b>POSITIVE CORRELATED (moving in the same direction)<\/b>\u00a0as the Euro Index, Euro\/JPY and the Euro\/GBP. Be careful; don\u2019t take the same trades on these four pairs at the same time!<\/p>\n<p><strong>Also remember:<\/strong>\u00a0This pair is `<b>NEGATIVE CORRELATED` (moving in the opposite direction)<\/b>\u00a0as the Dollar\/CHF pair. Be careful;\u00a0<b>DO NOT OVER EXPOSE YOUR ACCOUNT BY PLACING OPPOSITE TRADES ON THESE TWO PAIRS.<\/b><\/p>\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026.\u2026\u2026..<\/p>\n<p><strong>3)<\/strong><b>\u00a0<strong><span style=\"text-decoration: underline;\">Euro\/JPY on the<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a04 hour <strong>chart:<\/strong><\/span><\/b><\/p>\n<p>Difference between last week\u2019s open\/close: Plus 70 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>Price broke the 200 EMA and WS1 pivot at 126.45 to the downside yesterday followed by a big drop already today&#8230;&#8230;.we getting closer to the WS2 pivot making it then highly oversold and if we look to the left of the chart we can see we had previous support resistance in the same area&#8230;&#8230;so possible support coming up with a potential long back to the WS1 pivot now resistance at the 200 EMA at 126.45<\/p>\n<p><b>Correlation:<\/b>\u00a0This pair is\u00a0<b>POSITIVE CORRELATED (moving in the same direction)<\/b>\u00a0as the Euro Index, Euro\/USD and the Euro\/GBP. Be careful; don\u2019t take the same trades on these four pairs at the same time!<\/p>\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026..\u2026..<\/p>\n<p><strong>4)<\/strong><b>\u00a0<strong><span style=\"text-decoration: underline;\">Euro\/GBP on the<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a04 hour\u00a0<strong>chart:<\/strong><\/span><\/b><\/p>\n<p>Difference between last week\u2019s open\/close: Plus 113 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Earth and Sky Trading Zone for the week:<\/span><\/i><\/b><\/p>\n<p><strong>Remember, if price don\u2019t give us the pull back but instead make new lows\/highs follow price with your fib to get the &#8220;adjusted&#8221; Earth and Sky<\/strong><b>\u00a0Trading\u00a0<strong>Zones for the week.<\/strong><\/b><\/p>\n<p>Price is above the 200 EMA<br \/>\n34 EMA (sky) is above the 55 EMA (earth)<br \/>\nDirection: Long<br \/>\nPotential trading zone: Between the 0.7925 and 0.7878 levels<\/p>\n<p>Potential area to look for reaction: At the 0.7925\/20 and 0.7900 levels.<\/p>\n<p>Potential Profit take areas: At the 0.7973 and 0.8020 and 0.8077 levels<\/p>\n<p>MACDEE Divergence: No<br \/>\nStochastic: No mans land<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Counter Trades:<\/span><\/i><\/b><\/p>\n<p>Potential Counter Trades: At the 0.8077 levels.<\/p>\n<p>Potential Profit take areas: At the 0.8016 and 0.7954 levels.<\/p>\n<p><b>Warning: Counter trades are always more riskier than trading with the main trend so change your lot size accordingly if you want to counter trade !!!<\/b><\/p>\n<p><b><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>Wait for price to come to you.<\/p>\n<p><b>Correlation<\/b>: This pair is\u00a0<b>POSITIVE CORRELATED (moving in the same direction)<\/b>\u00a0as the Euro Index, Euro\/Dollar and the Euro\/JPY. Be careful; don\u2019t take the same trades on these four pairs at the same time!<\/p>\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026&#8230;.<\/p>\n<p><strong>5)<\/strong><b>\u00a0<strong><span style=\"text-decoration: underline;\">GBP\/Dollar on the<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a0DAILY <strong>chart:<\/strong><\/span><\/b><\/p>\n<p>Difference between last week\u2019s open\/close: Plus 96 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>I don&#8217;t like how this pair is not respecting the 200 and 55 EMA`S at the moment. Looks like we trapped in a triangle on the daily chart so I will wait and see if it breaks and only then re look at possible opportunities.<\/p>\n<p><b>Correlation:<\/b>\u00a0This pair is\u00a0<b>POSITIVE CORRELATED (moving in the same direction)<\/b>\u00a0as the GBP\/JPY pair. Be careful; don\u2019t take the same trades on both pairs at the same time!<\/p>\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026&#8230;.<\/p>\n<p><strong>6)<\/strong><b>\u00a0<strong><span style=\"text-decoration: underline;\">GBP\/JPY on the<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a04 hour\u00a0<strong>chart:<\/strong><\/span><\/b><\/p>\n<p>Difference between last week\u2019s open\/close: Min 142 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Earth and Sky Trading Zone for the week:<\/span><\/i><\/b><\/p>\n<p><strong>Remember, if price don\u2019t give us the pull back but instead make new lows\/highs follow price with your fib to get the &#8220;adjusted&#8221; Earth and Sky<\/strong><b>\u00a0Trading\u00a0<strong>Zones for the week.<\/strong><\/b><\/p>\n<p>Price is under the 200 EMA<br \/>\n34 EMA (sky) is under the 55 EMA (earth)<br \/>\nDirection: Short<br \/>\nPotential trading zone: Between the 159.88 and 161.23 levels<\/p>\n<p>Potential area to look for reaction: At the 160.03 and 160.77 levels.<\/p>\n<p>Potential Profit take areas: At the 158.94 and 157.72 and 157.47 levels.<\/p>\n<p>MACDEE Divergence: YES !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!<br \/>\nStochastic: Oversold<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Counter Trades:<\/span><\/i><\/b><\/p>\n<p>Potential Counter Trades: At the 157.47 levels<\/p>\n<p>Potential Profit take areas: At the 158.77 and 160.04 levels.<\/p>\n<p><b>Warning: Counter trades are always more riskier than trading with the main trend so change your lot size accordingly if you want to counter trade !!!<\/b><\/p>\n<p><b><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>I will be keeping an eye on the WS1 pivot at 157.47\/16 for solid support and then look for a possible counter long<\/p>\n<p><b>Correlation:<\/b>\u00a0This pair is\u00a0<b>POSITIVE CORRELATED (moving in the same direction)<\/b>\u00a0as the GBP\/Dollar pair. Be careful; don\u2019t take the same trades on both pairs at the same time!<\/p>\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026&#8230;.<\/p>\n<p><strong>7)<\/strong><b>\u00a0<strong><span style=\"text-decoration: underline;\">Aussie\/Dollar on the<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a0DAILY \u00a0<strong>chart:<\/strong><\/span><\/b><\/p>\n<p>Difference between last week\u2019s open\/close: Plus 165 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Earth and Sky Trading Zone for the week:<\/span><\/i><\/b><\/p>\n<p><strong>Remember, if price don\u2019t give us the pull back but instead make new lows\/highs follow price with your fib to get the &#8220;adjusted&#8221; Earth and Sky<\/strong><b>\u00a0Trading\u00a0<strong>Zones for the week.<\/strong><\/b><\/p>\n<p>Price is above the 200 EMA<br \/>\n34 EMA (sky) is above the 55 EMA (earth)<br \/>\nDirection: Long<br \/>\nPotential trading zone: Between the 0.7415 and 0.7261 levels<\/p>\n<p>Potential area to look for reaction: At the 0.7463 and 0.7415 and 0.7333 levels.<\/p>\n<p>Potential Profit take areas: At the 0.7569 and 0.7723 and 0.7891 levels<\/p>\n<p>MACDEE Divergence: YES !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!<br \/>\nStochastic: No man&#8217;s land<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Counter Trades:<\/span><\/i><\/b><\/p>\n<p>Potential Counter Trades: At the 0.7723 and 0.7891 levels.<\/p>\n<p>Potential Profit take areas: At the 0.7499 levels<\/p>\n<p><b>Warning: Counter trades are always more riskier than trading with the main trend so change your lot size accordingly if you want to counter trade !!!<\/b><\/p>\n<p><b style=\"line-height: 1.5em;\"><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>We have MACDEE divergence on the Daily chart with price camping out at the 55 EMA at 0.7606 so it will be super if we can get a correction to at least 0.7499. and even 0.74163 and 0.7415.<\/p>\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026&#8230;.<\/p>\n<p><strong>8)<\/strong><b>\u00a0<strong><span style=\"text-decoration: underline;\">Aussie\/JPY on the<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a0DAILY <strong>chart:<\/strong><\/span><\/b><\/p>\n<p>Difference between last week\u2019s open\/close: Plus 50 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>Looking at the daily chart it looks like we might be ranging between the daily 200 EMA at 86.02 and 84.30. On the 4 hour chart we can see we broke the 4 hour to the downside&#8230;..but I am not convinced that this will be an M2 set up to short. The MACDEE is low and stochastic oversold plus we are at the WS2 pivot at 84.09 so we might get a move back up here.<\/p>\n<p><b>Correlation:<\/b>\u00a0This pair is\u00a0<b>POSITIVE CORRELATED<\/b>\u00a0<b>(moving in the same direction)<\/b>\u00a0as the AUD\/USD pair. Be careful; don\u2019t take the same trades on both pairs at the same time!<\/p>\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026&#8230;&#8230;&#8230;&#8230;<\/p>\n<p><strong>9)<\/strong><b>\u00a0<strong><span style=\"text-decoration: underline;\">USD\/JPY on the<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a04 hour <strong>chart:<\/strong><\/span><\/b><\/p>\n<p>Difference between last week\u2019s open\/close: Min 176 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Earth and Sky Trading Zone for the week:<\/span><\/i><\/b><\/p>\n<p><strong>Remember, if price don\u2019t give us the pull back but instead make new lows\/highs follow price with your fib to get the &#8220;adjusted&#8221; Earth and Sky<\/strong><b>\u00a0Trading\u00a0<strong>Zones for the week.<\/strong><\/b><\/p>\n<p>Price is under the 200 EMA<br \/>\n34 EMA (sky) is under the 55 EMA (earth)<br \/>\nDirection: Short<br \/>\nPotential trading zone: Between the 112.09 and 112.93 levels<\/p>\n<p>Potential area to look for reaction: At the 112.18\/21 and 112.32 levels.<\/p>\n<p>Potential Profit take areas: At the 111.43 and 110.87 levels<\/p>\n<p>MACDEE Divergence: No<br \/>\nStochastic: Oversold<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Counter Trades:<\/span><\/i><\/b><\/p>\n<p>Potential Counter Trades: At the 110.87 and 110.65 levels.<\/p>\n<p>Potential Profit take areas: At the 111.37 and 112.00 levels.<\/p>\n<p><b>Warning: Counter trades are always more riskier than trading with the main trend so change your lot size accordingly if you want to counter trade !!!<\/b><\/p>\n<p><b><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>If we make a new low here at the 110.42 level&#8230;..follow price with your fib to get the adjusted zone for the week.<\/p>\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026&#8230;.<\/p>\n<p><strong>10)<\/strong><b>\u00a0<strong><span style=\"text-decoration: underline;\">USD\/CAD on the<\/span><\/strong><span style=\"text-decoration: underline;\">\u00a04 hour <strong>chart:<\/strong><\/span><\/b><\/p>\n<p>Difference between last week\u2019s open\/close: Min 239 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Earth and Sky Trading Zone for the week:<\/span><\/i><\/b><\/p>\n<p><strong>Remember, if price don\u2019t give us the pull back but instead make new lows\/highs follow price with your fib to get the &#8220;adjusted&#8221; Earth and Sky<\/strong><b>\u00a0Trading\u00a0<strong>Zones for the week.<\/strong><\/b><\/p>\n<p>Price is under the 200 EMA<br \/>\n34 EMA (sky) is under the 55 EMA (earth)<br \/>\nDirection: Short<br \/>\nPotential trading zone: Between the 1.3071 and 1.3178 levels<\/p>\n<p>Potential area to look for reaction: At the 1.3125 and 1.3178 levels.<\/p>\n<p>Potential Profit take areas: At the 1.2964 and 1.2857 levels<\/p>\n<p>MACDEE Divergence: No<br \/>\nStochastic: Overbought<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Counter Trades:<\/span><\/i><\/b><\/p>\n<p>Potential Counter Trades: At the 1.2857 and 1.2835 levels.<\/p>\n<p>Potential Profit take areas: At the 1.2964 and 1.3060 levels.<\/p>\n<p><b>Warning: Counter trades are always more riskier than trading with the main trend so change your lot size accordingly if you want to counter trade !!!<\/b><\/p>\n<p><b><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>Currently we in the trading zone&#8230;&#8230;but price on the Dollar Index is low and we might get a pullback&#8230;..so this pair will follow then so be careful as we might have room for this one more to the upside.<\/p>\n<p>&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..<\/p>\n<p><strong style=\"line-height: 1.5em;\">11)<\/strong><b style=\"line-height: 1.5em;\">\u00a0<strong><span style=\"text-decoration: underline;\">USD Index on the 4 hour chart:<\/span><\/strong><\/b><\/p>\n<p>Difference between last week\u2019s open\/close: Plus 175 pips<\/p>\n<p><b><span style=\"text-decoration: underline;\">GAP TRADING:<\/span><\/b><\/p>\n<p>Did we open with a gap this week? No<\/p>\n<p>Did the gap close? N\/A<\/p>\n<p>If the gap didn&#8217;t close, pop over to the education tab &#8211; Look under Marc`s name for his &#8220;Gap Trading Strategy&#8221; and how to trade it.<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Earth and Sky Trading Zone for the week:<\/span><\/i><\/b><\/p>\n<p><strong>Remember, if price don\u2019t give us the pull back but instead make new lows\/highs follow price with your fib to get the &#8220;adjusted&#8221; Earth and Sky<\/strong><b>\u00a0Trading\u00a0<strong>Zones for the week.<\/strong><\/b><\/p>\n<p>Price is under the 200 EMA<br \/>\n34 EMA (sky) is under the 55 EMA (earth)<br \/>\nDirection: Short<br \/>\nPotential trading zone: Between the 95.30 and 95.81 levels<\/p>\n<p>Potential area to look for reaction: At the 95.11 and 95.30 levels.<\/p>\n<p>Potential Profit take areas: At the 94.78 and 94.27 and 93.77 levels<\/p>\n<p>MACDEE Divergence: No<br \/>\nStochastic: No mans land<\/p>\n<p><b><i><span style=\"text-decoration: underline;\">Counter Trades:<\/span><\/i><\/b><\/p>\n<p>Potential Counter Trades: At the 94.27 and 93.77 levels.<\/p>\n<p>Potential Profit take areas: At the 95.06 levels.<\/p>\n<p><b>Warning: Counter trades are always more riskier than trading with the main trend so change your lot size accordingly if you want to counter trade !!!<\/b><\/p>\n<p><b><span style=\"text-decoration: underline;\">Notes:<\/span><\/b><\/p>\n<p>I will prefer a pullback to the main weekly pivot and 55 EMA at 95.11 before I will re look to short.<\/p>\n<p>&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..<\/p>\n<p>Please remember we are NOT a \u201ctipping service.\u201d What we aim to teach you here at fxmentorpro is how to look for trade set ups using different methods, taking you\u2019re trading to the next level.<\/p>\n<p>Have a good one mates<\/p>\n<p>Pierre \ud83d\ude1b<\/p>\n<p>`Learn from yesterday, Live for today and hope for tomorrow`<\/p>\n<p>Remember to make the video clip bigger to see the levels more clearly!<\/p>\n<p><center><iframe src=\"https:\/\/www.youtube.com\/embed\/vtndpa1iy4Q\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/center><\/p>\n<h3 style=\"text-align: left;\"><\/h3>\n<p>If you would like to learn how to trade like a professional check out our 5* rated forex mentor program, RISK FREE; by clicking on the \u201cGet Started Today\u201d Button below<\/p>\n<p style=\"text-align: center;\"><a href=\" https:\/\/www.forexmentorpro.com\/blog\/mw-post \" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/01\/728x90-.jpg \" width=\"728\" height=\"90\" alt=\"\" title=\"\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning everyone We back from a super holiday and it really suck to be in front of the computer again after you have been in the wide open African Savannah \u00a0&#8211; spotting lions, elephants and buffalo (3 of the big 5) The only 2 we didn&#8217;t see were the leopard and rhino &#8230;&#8230;.. Anyway&#8230;&#8230;we [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":246,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","footnotes":""},"categories":[2],"tags":[8,9,10,17],"class_list":["post-156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-analysis","tag-earth-and-sky-forex-trading-system","tag-forex-analysis","tag-forex-mentor","tag-pierre-du-plessis"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=156"}],"version-history":[{"count":0,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/246"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}