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Price Action and Trade Review for the DOW Jones IndexPrice action is key for understanding the major market bias and also for managing risk. On top of that, understanding Price Action will give a better understanding of where other traders may be trapped and will help structure your trades. In the video, I talk through the DOW Index and price action from the previous session. I look at where we were looking for trades and the price action that led to trapped traders getting squeezed out of the action. *** Feel free to take a look at our profile page and Please Follow for more content *** *** Please Leave a Like and Comment if you enjoyed this video ***
CBOT_MINI:YM1!
by ReverseRetail
#JPPOWER INTRADAY TRADE SETUPGreetings Folks, today i have prepared a setup of JPPOWER on NSE the analysis is as follows - the price made a required retracement - i have marked SSL which is also very important support because if it gets broken it may indicate the start of a micro bearish trend - there is also a minor range which is also marked in the chart - the railway narrative seems to be overrated now so trade with cautious dont play with fire, always use predefined stoploss
NSE:JPPOWER
by profitpujari
USD/CAD Long and GBP/NZD ShortUSD/CAD Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. GBP/NZD Short • If price corrects and a larger one hour flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
8
GBPJPY Bearish As Price Holds Below 183.712FOREXCOM:GBPJPY has been in an uptrend since April of this year. Price stabilized after hitting the 186.547 highs in late August. I plotted a daily range based on how price traded over the past month. Today's session close marks a clear indication that price is drifting to the downside. Structurally speaking, I am directionally bearish. If price holds below the lower daily range boundary, I think strong downside potential can be expected as price reverses after the run-up earlier this year.
by FinancialGamblR
Monitoring CHFJPY Sell StrengthIn my previously published idea, I expressed by bearish opinion on $FOREXCOM:CHFJPY. Looking intraday at the 4-hour timeframe, my bearish sentiment has weakened. The current 164.5 lower boundary maintains an unclean hold. However, this latest price breach lower was rather weak. After price crossed below this level, it quickly traded above it within the next 4-hours rather easily. To me, this is an indication that there is more buying pressure holding price supported. I am not a fan of this if I were to maintain my bearish sentiment. For the time being, I will continue to monitor the price action on this pair.
by FinancialGamblR
EUR/USD Short and USD/CAD LongEUR/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. USD/CAD Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
4