AUDUSD 1,2,3SIMPLE 1.2.3
If this plays out then we will see this possibly come into form REMEMBER LEVELS DO NOT HAVE TO HIT EXACTLY SO PROPER RISK MANAGEMENT IS KEY
On the topside, traders seem to be respecting the old trendline that connected highs from November 27 and December 3, then became a support on December 14. Today, in the Asian session, the price traded above and below the trendline before falling to the session lows. The rebound is so far staying below that line currently at 0.75415. A move above should be more bullish lease intraday.
Like a number of pairs, the low to high trading range for the AUDUSD is only 39 pips today. The 22 day average (around a month of trading) is 58. So there is room to extend should there be a break. The bias would be to wait OR sell the pair to a stronger level of support then to take it longer to higher levels listed above
Patience
harmonic struct maco and the micro of it allMacro perspective is important its hard to keep in mind sometimes but get excited because the microstructure is repeating what we see at the macro level. Heres an example of macro to micro abcd structure patterns if studied it will eliminate the problem with entries and add patience to your trading
EURAUD - STILL A CHANCE EURAUD didn't quite reach our previous buy limit annoyingly as it has flown since our last analysis! but that's forex so don't just trade because you've missed out be patient. We can now see a slight retracement on the pair allowing us to get into a short term buy. A little lower than the 50% fib we can see a nice support level that we can use as our next level of interest. Let's see how we get on this time round.
WRX/USDT be careful with long positionHello, traders.
On the USDT pair, the price is testing a resistance zone but we are only looking for a long position above 0,10$
With the price forming Higher Highs.
Best Regards.
Trading is a waiting game, a game of patienceHi guys today I will wait for a set-up currently morning for me and Ill wait till evening.
Preparation is the best thing a trader will do. Expect the unexpected things to happen in the trading world.
Best advice is to always monitor yourself in different scenario.
Always be patience and learn for every mistakes you done.
Happy trading everyone
let me now in the comment sections your feed back..
Hooo wahhhh
Every Winning Trade deserve POST ANALYSISHi guys, this is my buy trade yesterday and now its on its way to take profit. Around 1:3 Reward will take it..
Points to remember
1.) Stick to your own analysis
2.) Reason why you trade this
3.) Exits are very important
4.) What is my analysis yesterday?
Hoping you can record your winning trades and repeat it over and over again
2nd Opportunity!? Is it possible?Hi guys, today ill be showing a possible pullback trade after a miss trade yesterday. One of the requirements of this trade is the patience to wait for a set up before pulling the trigger. I know its hard to wait but worth it when you win the game. See you in the updates
Virtue of PatienceThe Best Traders will always wait for setups. Before jumping in the trade, they will always analyze it thoroughly until till say its their setup.. They are not too early or too late, they just wait like a cheetah waiting for the perfect prey. Hoping you have the right patience to enter the trade
EU Potential Long Position Price is moving within an ascending channel which is showing strong rejection of the support and resistance of the channel, alongside two key areas of resistance illusrated by the purple areas of the chart. After a spike in price on the 10th of September, illusrated by the 20EMA crossing the 200EMA in an upwards momentum. Since this price movement, price has been fluctuating in a narrow range of two key resistance levels. It is likely that after this consolidation price will come down to test the lower level of resistance before making a strong bullish movement (illusrated by the red arrows) or price may become bullish and retest the above resistance level before making new HH's. Patience will be key to profiting from one of these two potential set ups.