BENC-FX

BENC-FX Oct 20, 2024

Here is a sell trade i am looking at on GU. Simply because of a hawkish FED at the moment and strong data for the US Dollar. Paired with the Weak pound at the moment. Also technically this sell area is perfect for my strategy.

BENC-FX Oct 8, 2024

Here is a great opportunity to get in a long position on GBPUSD

BENC-FX Jan 4, 2023

This is a slighly more simple explanation from my previous post.

BENC-FX Jan 4, 2023

Removing all of the noise from the charts can help you think with clarity. Also being dominated by an overwhelming urge to trade a specific idea you want to work can cost a lot of money. Here i have broken down EJ into simple daily market structure, you can see that yesterdays low actually failed to break the previous swing low. And any Break of structure that has...

BENC-FX Dec 30, 2022

Here is a lovely short opportunity for a Aussie short. Reasons behind this are clear, high liquidity area that we have pushed into. Fib confluence and breaks of structure to the left. also a slow down and squeeze in price. Also the uncertainty around china is putting pressure on the Aussie

BENC-FX Oct 12, 2022

Selling GU due to my previous analysis posted, i now feel i have enough confirmation to enter. If this 4hr Candle breaks its own high I will not want to be in the trade, hence my stop loss.

BENC-FX Oct 11, 2022

This is my idea on GBPUSD and I look forward to entering once my entry criteria is met tomorrow.

BENC-FX Oct 10, 2022

HERE IS A TRADE I WILL BE EXECUTING Lots of confluence, excellent Price action and JPY FUNDAMENTALS!

BENC-FX Oct 8, 2022

This is my idea on GU, It is very important for me that my trading bias remains bearish as i am a dollar bull and pound bear. However, I will take a buy up to the sell zone if one presents itself. 1.09000 IS A MAJOR ZONE FOR TAKE PROFIT. i believe price will create new lows but for now we remove the greed factor and take what we can. No one ever went broke taking profit!

BENC-FX Oct 6, 2022

Here i have EURAUD sells marked out. You will see that on the daily there was a previous high that has recently been spiked through grabbing liquidity from SL that traders had placed there. The daily candle did not close above so didnt show strong bullish momentum. The previous high then got tested and rejected and dropped back below what i have marked as "former...

BENC-FX Oct 6, 2022

I am already short on this pair however i will be looking to add sell orders from this resistance zone as i dont see a need for price to come above.

BENC-FX Oct 6, 2022

look at the 4hr key level! how it gets respected(purple arrow). we have now closed below, bearish engulfing daily candle, an optimistic FED, a 4hr trend line retest and a LTF retracment level. This trade has probably the most confluence i have traded. However, you can never be too sure. Wait for a rejection of the green box and use a good size SL and ride this...

BENC-FX Oct 2, 2022

Hi Guys, I will be selling EURJPY next week if i see a nice 4hr candle spike through the trend line and close below. I then may enter on the close of the candle with stops above the wick, or go down to lower time frames and wait for a pull back for better RR. The way markets are at the moment being cautious of tight stop loss seems to pay better. If you go through...

BENC-FX Jun 1, 2022

This is a very risky trade with such a small stop loss. However, we are at the extreme of the daily leg which has recently been breaking structure to the downside. If this trade works it will be a scalp into a hold posistion. There is no need to risk any more then 0.25% or 0.5% maximum due to the massive rrr. Risky move but well worth the risk for potential outcome.

BENC-FX Jun 1, 2022

GOLD idea, Here is an idea i have for gold XAUUSD. I expect a fast dip into the $1824 area with a swift rejection. Failing to do so will result in no trade for me. Also SL placement will be difficult we may have to miss to initial move and jump on the back end of it tomorrow.

BENC-FX May 25, 2022

XAUUSD GOLD Did anyone jump on this gold short position with me yesterday. Currently up +200pips!

BENC-FX May 25, 2022

1.73400 IS MY TARGET This trade is a 1:40 trade which if you check my recent trades is more than possible. However, this is a much longer term trade which i am using a slightly different approach to the trade. Given the current economic climate i am buying all dips on the EURO. I see big potential for this trade but when using such small SL anything can happen and...

BENC-FX May 24, 2022

Here is a buy i have taken on the pair. Lets see how it goes. 1:27 RRR