TOTAL2 CRYPTOCAP Once again at the 21W MA.
What will happen next? I know what I will be doing: waiting for the system to give me another entry signal.
Se you soon
CAP
NAS10015530 - Our significant level
This price will determine if we sell or we buy. Bounce on it will be a signal to buy.
Break of it and retest will signal to sell.
Whatever is to happen for now we stay far and just watch as it will be irresponsible to do anything based on feelings.
US30A lot is happening but the levels are the most important thing I am looking at.
The small yellow channel is what I will use to base my trades for any possible sell.
A break of the channel. retest and impulsive continuation. All the way to the lower level which will be the bigger aim. Once there we will look for buys to the upside.
Yet getting closer to the end of the month means that fundamentals also need to be watched and analysed in order to predict.
USDJPYThis is the simplest way I can explain this because the way I try to put down my ideas is not easily understood. The Ghost Patterns are what I would require in order to take a sell. Not going to risk it but going to use experience and proper planning in order to successfully trade. No guessing, the blue levels are the significant levels which are sensitive to movement.
GBPJPYWe took a late entry on this, not were our forecast was but we still made enough to add to our daily target. We reached it and crushed it. Did not expect to go in and out that quick but remember we do not own the market we are just participants of the movement.
Even after everything has happened there is still more information we need to pick up in order to prepare. We use as much information as the market gives us in order to plan and then trade.
NAS100Not what we expected but it's good that it happened. We moved SL into profits before SL hit, so we were out before anything.
Remember that you are a manager and not just a gambler, so follow your plan. Plan your trades, and trade the plan.
There is still opportunity to re-enter but the day's goal has been reached so we close tabs and we'll be back tomorrow in the morning again.
GJA strong retest would have better had it happened before the drag down. I had not yet set my sell stop but had put this on my chart. There I'll wait before entering.
The blue rectangle was an area of sensitivity, our channel was showing the pullback/slow down of the big trend. Now we are in a new phase, so we watch for fakeouts and long bearish pressure
UJThis is the first wave of our upside.
Rejected and bounced back up, therefore showing 142.00 is our support and as such we expected the bullish move. Now we wait for break of structure and retest of the break and continuation before entering.
With clear and direct rules, we mess with money and miss what the market says according to our plans.
GJWe would like to see a break of structure whether upwards or downwards in order to take a trade. The chanel we are stuck in suggest we should expect a break upwards but with refinement and zooming in to see candlestick formations we are seeing a possibility for the downtrend.
Either way we wait for break and retest then entry before a definitive forecast is made.
182.00 is our basis for support and 184.00 is our basis of rejection.
NAS100Daily
we were waiting for 14 800
4h
we were waiting for the 14 800 move
Now we entering our RR is inline with our plan and it came to us not us going to it.
GJNice sharpening
- test of our level
- trigger our buy limit
- candlestick formation, indicating bull trend coming
- straight up and no retest
US100From my end my broker is different so the spread did not affect me. The trade was not triggered therefore I stayed out of this.
- the demand was not enough to trigger it
- the supply was more to the other side
Therefore we learn and we understand what has happened.
US30Last update on US30 for the day.
- supply has reached it maximum capacity as it now needs to gain momentum again
- orders filled (90% rule, credit FalconFX)
- We have more than enough
- SL was more than deep into profits so we are protected
- Tomorrow is another day and there are more opportunities.
US30That is more than enough, move your SL into TP or breakeven.
- The market has given us more than enough
- Demand has been met by the supply
- Impulsive candles indicate we were correct in following the market and the conditions
- There is no slow down so it should keep going but do anticipate a pullback
* remember this is a business, so because the business has now spend money to fulfil orders and the demand then money will need to be recuperated and put back into the business before more supply is given to the remaining demand. *
US30Due to the slow down and compactness of the current structure move SL into profits or breakeven
- momentum has slowed down
- there is a decrease in supply therefore a retest is needed to have more to supply to the demand
- there is still strong bearish pull but no energy so protect your capital
- understand why it broke out impulsively and has to retest
UKOILThis is an update from the last time we took a trade on oil. Our approach was wrong, impatient and too easy, this time we have gone in with refinement and it has paid off.
- Pressure from the demand was very high
- retest of sensitive area
- break down of strength
- impulsive candle
This is to show that every time you refine your strategy you add to the skill so stay working on it and making it better, it is YOURS so only you can put in the work.
UJI know I am not the only person seeing this now
- break of larger trend
- retest of the channel
- lots of slowing down candles (consolidation)
∴ we can expect an impulsive candle coming. Which will either be bullish or bearish.
- chances are that it will be bullish due to the average direction and momentum the market has been moving all this time.
- I will set a buy stop according to more information. Which probably means I will wait for the impulsive supply and then follow that demand (in line with my trading plan)
NB!!!! All moderators reading this post, should there be any problems please do inform me and teach me don't just send thousands of links. We do not trade the same as people, so we cannot be posting the same or similar things.
GJI don't know what I am doing wrong but I keep getting it wrong as moderators keep flagging my posts. The impulse upwards was an indication that the demand and the supply met each other at the right time.
The blue rectangle was an indication of a area of sensitivity, the market turned just before our entry point. Therefore we missed the initial target but that's okay because they'll always be another trade. I am trying to write this as long as possible because maybe then it won't get flagged. My work and analysis is straight forward and easy to understand but clearly I need to make it complicated and full of things that are not needed.
We see rejection and continuation from both sides, lots of candles, wicks left & right, up & down, sensitive zones, bear candles, bull candles, candlestick formations, channels and movements.
US30We are now seeing what the market is telling us, this analysis was just for viewing. I did not take this trade, but now we see where we are waiting to enter and how we are going to go about this movement.
UJWe have been fighting the bears and only been bullish for quite a bit. Now we are just going to wait for the pullback/retrace which will tell us we should start preparing for the impulse. My current possible risk is inline with my plan, follows my mindset and it comes to me I don't have to go to it.
SUNDAY SESSION (NASDAQ)I have started the Sunday Sessions again and want to go back and use these videos for referencing and staying persistent.
NAS100 Summary
- Waiting for market open
- Break out the box will confirm our short term bias
- Retest at the different significant areas will give us long term demand
- Smaller and more trades are the aim with this week and how we move till the month ends
US100TP hit and it came back to retrace and start again. But my brokers spread is too big so it didn't hit TP rather it hit SL. So this means I need a new broker, that has a low and fair spread.
US100This is where my head is and this is what I'm seeing could happen. The past week I've been monitoring my progress for the past 6 months and it's been fair but I've been slacking on posting and keeping record.
So I want to try harder to eliminate the things I already do on a daily basis and just post more for records and sharpening my edge.
