Get started

Asian

AUDJPYI have identified a very strong supply zone in H1, as the market retested the area 3 times before breaking through it. After the breakout of the supply zone, the price created a BOS, allowing me to identify an additional POI within the previous supply zone. Now the objective is to wait for the price to drop to the 90 area, and then look for a long entry. The first target is the 90.400 area, and the second target is 91. Let me know your thoughts in the comments. Happy trading and have a great day.
Long
by Forex48_TradingAcademy
SPX setup 9/23/22Looking for a retracement at this area for rejection and continuation. No reason for us to move higher than this but if we do the A/S range left a FVG, an -OB, TDO, and the daily open as supply. Going to be waiting for the times & sales to show the entry. The pass few days NAS has shown all the order flow except for the afternoon entry on SPX. Projected low from daily fib level End of the week so the risk will be reduced and no trades will be at a risk of more than 0.25% for the total of all trades entered.
BLACKBULL:SPX500Short
by Cory4rex
SPX neutral with a bias to the downsideAfter yesterday's drop that hit my 3770 target, we are holding near the weekly lows in discount. On the LTF the buying started in A/S sessions on through London session to take out some on the short term price imbalances. Last POI was a reaction off of a -FVG that can be seen on the 15m and 1H charts. We will need to see if the fresh +FVG (not noted but its there on the same charts), the A/S session range, the DO, or the TDO holds up, else we continue down for the day. There's even a +OB at the 2:30 candle on the 15m, so I'll definitely be watching out for these +POIs. The unemployment claim release at 8:30 is a good catalyst for a decision on the move today and that's where I'll be focused in on. The forecast is for higher claims and I am in agreement with that but I'll be patient in my bias. Terms: LTF: Lower Time Frame POI: Point Of Interest A/S: Asian Sydney session -FVG: Bearish Fair Value Gap +FVG: Bullish Fair Value Gap DO: Daily Open TDO: True Day Open +OB:Bullish Order Block
BLACKBULL:SPX500
by Cory4rex
ASEA strong w only 0.382 retracement range;15 wedge BO or 13.40?ASEA has been in this yellow box consolidation range sine Feb2018 except during the pandemic plunge which is a BLACKSWAN event & should be discounted. The base of this box is at 13.40. Right now ASEA is making a falling wedge. A falling wedge has a greater chance to break to the upside. If it holds the middle green zone of this box & bounce above 15, it will be a good time to buy. But if green zone fails, next support buy zone is at a 13.40 bounce. Maximum pain level is at 11.65, the FIB 0.618 pivot. Not trading advice
AMEX:ASEALong
by xtremerider8
EPP retested 2 wedges fr 2008 crash;bottom in or a deeper ABC?EPP have already retested & bounced from 2 potential wedges formed by the high & lows of 2008 crash. The green & black lines are the topside of the 2 wedges. See the yellow zones. Is the bottom in or is a deeper ABC coming? If the 2 yellow zones of the 2 bounces does not hold, 43.22 will be the next downside target completing A deeper ABC wave at the 1.272 FIBO level. Watch carefully if EPP holds these 2 yellow zones in the next days. Not trading advice
AMEX:EPPLong
by xtremerider8
TRADING THE ASIAN SESSIONThis post is to talk about starting your trading journey and trading the Asian session. To many of us, the Asian session could be called the least active and least volatile market. This is proven above, Asian sessions are green, LN and NY sessions are red. When I started trading and to this day, I have learnt that I take my losses in the Asian session most of the time, and this is down to low volume, meaning the market can be manipulated fully at ease. I am making this post to help beginners and less experienced intra-day traders understand the movement of this session. Personally, I use the Asian session to have my supply/demand zones marked out for the London and New York session, and aim to avoid trading the Asian Session. This is not advice on how to trade, however, I wanted people to be aware of how the Asian session moves, and to be weary when trading.
by UnknownUnicorn31942210
AUD/USD Sells Price has displayed a bearish sentiment and momentum for some time now. This analysis is based on a few technical factors: - Weekly momentum to the downside is very high - The previous daily lows have been breached - Current price has retraced from support in order to achieve a discounted entry Targets have been set at a significant support region and I intend to scale out and go breakeven to secure a risk free position. More importantly, this means I can get to sleep here in the UK lol. Hopefully this analysis is useful regardless of the outcome!
Short
by JRonaldTrading