Ny
Anticipating a Retracement Before Shorting. wait for news/openThe tech sector has experienced a decline following the Q3 earnings reports. I am looking for a balanced retracement to yesterday's closing value. From that area, I plan to initiate a continued short position.
NASDAQ100 power up, longTaking advantage of the session's recovery moves with Asia and London, I took advantage of a 15min FVG to enter long to the intermediate high.
Risk 1%.
RR: 2:45 GBEBROKERS:USTEC
Understanding my SPY Cycle Patterns - Bottom-103This video highlights the Bottom-103 pattern and how price action (support/resistance/rejection) can be used to confirm and execute better trades.
This is something most traders will easily understand as a BOTTOM pattern reflects a possible bullish price trend - except when price rejects this setup and trends downward.
Learn how my SPY cycle patterns can help you become a better trader.
The LONDON EXPRESS TAKING MORE EUROS BUYSIDEThe 1H SIBI OB Mean Threshold did not hold the price below it. First Buy Side Delivery was during the London Kill Zone.
Watch the 15min BISI OB as Support or Sniper Entry...otherwise first touch 15min SIBI FVG is good as long as the Stop is not bigger than 30 pips...and the reward gets the target more than 1:2 RR ...in this case Kong went in to the Buy Side Delivery.
lets see what happens...
NERVES OF STEEL>>>
NY - EURUSD - GARTLEY - LIMIT ORDERTIMING: NY
LEVEL: Harmonic Gartley Fib
SETUP: Gartley
ENTRY: Limit buy order filled
$SPX - NY - Long Never actually took this trade because it was outside my allocated trading time.
- PA was bearish whole day
- HTF PA is bullish
- PA is in discount below 62F
- Dropped into 1HR FVG
- Swept PWL
- SMT with $NQ
FVG Entry on 5min
NY: EURUSD - B&R - MOMENTUMBreak and retest setup right out the playbook identified as DXY seems to be picking up strength. Lets see if it has enough momentum for a 1:2 trade
SELL FROM 1.0850 WAIT AND TP 1.0750 Big Data Release this week
do not be Greedy
do not over trade
do not add losers
be patience
1% execution
99 % patience
NY: USDJPY - BREAKOUT - IB/MOMENTUMUJ has broken out and closed above structure with inside bar also breaking up. Lets go for at least 2R in this reversal
NY: EURUSD BREAK & RETEST - DEPLETIONPrice has carefully remained above broken structure as sellers were depleted. Lets see if we get a nice push up
NY: GBPUSD - HARMONIC/B&R - MOMENTUMGU has also completed a harmonic pattern but this one we were not around to catch as a limit, however we have spotted strong structure and momentum reaction so lets go for it and see what happens !
NY: USDJPY - HARMONIC - BUY LIMIT/ ATR SLLimit buy activated on UJ gartley pattern, lets see if it plays out amongst all the news today
NY: USDCHF - REVERSAL - DEPLETIONAll criteria for our playbook reversal setup met and entry using depletion of buyers
NY: AUDUSD - BREAK & RETEST - MOMENTUMNormally I try to stay out of NY bcus thats usually when my baby princess will randomly wake up :)
However, she is sound asleep and AU has given us the textbook of all textbook trade setups. Lets see if it can fall along with our EU trade from London.
NY: USDJPY - B&R - DEPLETIONUJ has clearly broken trend line and finally pulled back to test previous support turned resistance. Seeing how buyers seem to be depleting over the past 2 candles, I will try to get at least 2R from this setup. Lets see how it plays out
NY: NZDUSD BAT HARMONIC LIMIT - ATRNU has dropped down to complete bat harmonic pattern and our limit entry has been activated using ATR as SL
NY: USDCAD B&R - MOMENTUMUSDCAD has met requirements for our playbook setup: Break and Retest for our last NY trade of the day. Lets see if a pullback in the markets can trigger at least a 2R gain.
NY: GBPUSD 618 BUY LIMIT - ATR SLLooking for GU to continue uptrend with a buy limit activated at 618 fib retracement. Lets see if GBP can pick up some strength for NY
NY: NZDUSD 618 BUY LIMIT - ATRSimilar to GU idea, NU has also retraced back to a nice lever for buyers to come in both on smaller and higher timeframes. Lets see if dollar can show some weakness for both ideas to play out accordingly
NY: EUR/USD REVERSAL/BO - MOMENTUMEU has met requirements for a reversal trade and since we didn't see it early enough to enter for the reversal we can enter using our Break Out setup following the momentum shift candle
NY: USD/JPY 618/BO - MOMENTUMUJ has reacted nicely off 618 fib and we can take the trade using momentum breakout setup for at least 2R. Lets see how NY plays out
NY: GBP/JPY HARMONIC LIMIT - ATRGJ has played into our harmonic gartley buy limit perfectly. SL used is our system's ATR. Lets go for at least 1:2
