• Rayn Lim
    [ Still Looking to Short EURUSD!]

    This week marks my last opportunity to go short on EURUSD. The Weekly Chart shows a violation of structure, forming higher highs and higher lows.

    🦋 A Bearish Butterfly setup is visible on the Daily Chart,...  more
  • Rayn Lim
    [Most Traders Lose Money because of this...]

    Look at the higher timeframe(right), on the Weekly chart, and have your focus on the retest of the previous high. Not only it fails to close above the previous high, but it also has an RSI Divergence. On the...  more
  • Channels Recommended for You

  • Rayn Lim
    [What's Next?]

    I'm waiting for a shorting opportunity on the EURUSD, and the best trading setup I could be waiting for is the retest of the previous resistance at 1.0960 on the 1-hourly chart.

    If you are waiting for a buying opportunity, the support...  more
  • Rayn Lim
    [459pips or 89pips of profit, which will you choose]
    If you have to choose only one trading setup, it is understable you would be choose the 459pips setup. But as a thinking trader, we have to be aware of what kind of trading setup provides such trading...  more
  • Rayn Lim
    [Earning Both Ways]

    To be successful in trading, you can be a Casanova.

    This means you need not be loyal to your trade. You can buy GBPUSD during breakfast and sell it by lunch.

    That will be my trade plan for this week.

    GBPUSD on the 1-hourly...  more
  • Rayn Lim
    A Support and Resistance Trading opportunity presents itself on both 4-hourly and 1-hourly chart. 1.2100 will attract the price action trader to hop into the trade.

    I will await a retest at 1.2098(left) on the 1hourly chart for a shorting...  more
  • Rayn Lim
    A Support and Resistance Trading opportunity presents itself on both 4-hourly and 1-hourly chart. 1.2100 will attract the price action trader to hop into trade.

    I will be waiting for a retest at 1.2098(left) on the 1hourly chart for a shorting...  more
  • Rayn Lim
    The simplest-looking analysis often is the toughest to plot. I'm waiting for shorting opportunity as early as the market open.

    One thing to take note, make sure the market didn't gap up and close higher than 1.2311 for this to be a valid trading...  more