{"id":219108,"date":"2024-01-10T14:07:05","date_gmt":"2024-01-10T14:07:05","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=219108"},"modified":"2024-05-23T01:20:15","modified_gmt":"2024-05-23T00:20:15","slug":"live-focusing-on-the-big-areas-again","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/live-focusing-on-the-big-areas-again\/","title":{"rendered":"Live: Focusing on the big areas again"},"content":{"rendered":"<h2>Live: Focusing on the big areas again<\/h2>\n<p>Hi all,<\/p>\n<p>In today&#8217;s live webinar Thinus went through the M2 setups and I went through E&amp;S and also some shorter timeframe setups.<\/p>\n<p>Thinus analysed the DXY chart and gave us some clues on how we could trade the short-term Dollar pullback linking it to some forex pairs.<\/p>\n<p>I showed you some interesting forex setups as well forming up.<\/p>\n<p>The GBPUSD is currently in a possible H&amp;S pattern and we could look to take it once the neckline is broken on a Daily timeframe ideally. Check out the screenshot below<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"alignleft size-full wp-image-54660\" src=\"https:\/\/www.forexmentorpro.com\/members-area\/wp-content\/uploads\/2024\/01\/image_2024-01-09_123655781.png\" alt=\"GBPUSD set up\" width=\"638\" height=\"414\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Secondly, we also have the GBPNZD which is currently in a downtrend. We have multiple reasons for the short on the Daily timeframe. In a downtrend, 78.6% retracement, 200 and 55 Daily EMA. Take profit 130 pips at the Weekly 55 EMA.<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"alignleft size-full wp-image-54661\" src=\"https:\/\/www.forexmentorpro.com\/members-area\/wp-content\/uploads\/2024\/01\/image_2024-01-09_124008058.png\" alt=\"GBPNZD\" width=\"707\" height=\"296\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>I further went on to share the E&amp;S setups. Pierre shared the NZDJPY, but I also found GBPCAD and EURGBP as potential setups which look very good for this week.<\/p>\n<p>I also shared how we could look for a possible counter trend on the USDCHF using the E&amp;S template. If we get a breakout above the Monthly pivot which it has been rejecting for the past 4 days we could look to take a long. I also showed you how you could use the 1 HR timeframe on the M2 to catch this setup.<\/p>\n<p><img decoding=\"async\" class=\"alignleft size-full wp-image-54663\" src=\"https:\/\/www.forexmentorpro.com\/members-area\/wp-content\/uploads\/2024\/01\/image_2024-01-09_131717899.png\" alt=\"\" width=\"449\" height=\"428\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.forexmentorpro.com\/blog\/free-forex-training-course\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"size-full wp-image-4732 aligncenter\" src=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4.jpg\" alt=\"\" width=\"650\" height=\"60\" title=\"\" srcset=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4.jpg 650w, https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4-300x28.jpg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>You can watch the full webinar below<\/p>\n<p><iframe title=\"Live webinar 09.01.24\" src=\"https:\/\/player.vimeo.com\/video\/901139352?badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479\" width=\"1920\" height=\"1080\" frameborder=\"0\"><\/iframe><\/p>\n<p>Kind regards,<br \/>\nAshley<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Live: Focusing on the big areas again. In this weeks live webinar we focused on the big areas again and also spotted a H&#038;S pattern on GBPUSD.<\/p>\n","protected":false},"author":1939,"featured_media":218877,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_lock_modified_date":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-219108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-analysis"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/219108"}],"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\/1939"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=219108"}],"version-history":[{"count":3,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/219108\/revisions"}],"predecessor-version":[{"id":219277,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/219108\/revisions\/219277"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/218877"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=219108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=219108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=219108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}