Get started

Struture

POSSIBLE FOR BUYSON THE US30. BUT WATCH OUT FOR THE M.MAKERSwhat's observable here is that this area is quite sensitive of the structure available in this zone. we have 2 structures of which both could be easily manipulated. in seeking the mounts of liquidity of these areas . i,e for the great push (bull run), which is still the bias of the market . but the market makers still need a huge liquidity for this. QN is, What would they do ? trick the 95% of the retailers to sell , against their main intentions of buying . which is a way to formulate the need of sellers if they intend to buy . because genuinely we need a seller if the product you need to buy. BE KEEN TO WATCH THE FRST 5 SYMBOLS THAT ARE COMPRISED IN THE US30. :-)
ULong
by DIGITALASSETSINC
GBPJPY 9-13 August Daily OutlookGBPJPY GBPJPY 9-13 August Outlook Monthly structure still holding bullish structure with previous 2 months bearish close respecting 152.00 key level. Weekly continuing the bullish momentum after 23 July solid close. Still we are trading below 153.66 28 June resistance formed due to 17 May support at 154 key level. Weekly is showing potential for more ups side to retest the 153.66. A close above will indicate a new HH is formed and possible continuation to Yearly High at 155.70. Daily structure still bearish with LH/LL formation, trading below 1 July resistance formed at 153.56 due to the support formed on 14 May at 153.70. August 3 formed the first HL since 1 July at 151.67 bouncing from the daily zone at 151 key level. A close above 153.70 will give the opportunity to test the highs at 154.43 and 154.85. On the other side a close below 151.67 current daily support and resistance formation will confirm that bearish momentum still in play and testing the lows at 149.50 will be in play.
by Amr_Sadek
Gap Still Needs To Be Filled on EURUSDWe recently had a major gap in the markets after the first rounds of the French Election process. On EURUSD the pair gapped up nearly 200 pips. Price came down quite a bit over the last week, BUT the gap hasn't been filled yet. The market doesn't like holes, and it doesn't like uncertainty. Euro's been consolidating within a 100 pip range, but I believe that the next round of French elections will trigger a drop in EURUSD, filling the gap. This trade has a great risk reward ratio, and comes after multiple retests of the highs. Entry at 1.0910. Stops above 1.0950. Targets at 1.0850's, 1.0775, and 1.0730.
Short
by cheminacci
3
CADJPY Possible Harmonic Move? I Haven't traded this pair but need to practise my Tekkers so thought id give this pair a go, from top down Monthly, Weekly, Daily levels and see what I could see and practise my strategy First thing that stood out was we have tested the Monthly level at 88.882 which seems to have been a strong area of resistance in the past. I then see we have a 2618, it went more to the 786 level but still a strong sign that we could see a trend continuation to some lower levels, so where do I think based on what I can see and whats happened? Looking at a fib inversion and extension we have a couple of 1.27 levels line up, also looking a the most recent impulse leg up on the daily/weekly we have the 786 level come in as well, look left and this does fall in line with some previous structure as well This move down would also be a equal measured move to the last impulse leg down. will see how this plays out, always good to exercise that idea muscle
Short
by Wonour
Bullish Flag on the Daily GBPJPYHere are my Thoughts for the coming weeks. Lots of good Fibonacci confluence, to many levels lining up to be ignored imo. So to start we have some basic patterns forming Bullish Flag, we have had out impulse leg up and come back to the 382 retracement which lines up with previous structure resistance which could turn support. The flag could do a, a,b,c,d Harmonic move which does line up with the 1.618 of a fib extension. The 1.27 level of this extension also lines up with the 1.618 of the fib inversion. looking at the weekly highs and doing some fib retracements we have a 618 and 786 also line up with the 1.618 and 1.27. This general area was a previous are of structure support. We are also in the Oversold area RSI Lost yet? for me lots of little bits lining up which is building a strong case to the upside There are a couple of key levels In Blue which are going to be areas to watch if price moves up. Of course it could retrace further to the downside. Good luck and Trade Safe
Long
by Wonour
audnzd lang with bat patternhey, traders. We had a series of down impulses (red lines) separated only by corrections. This is a definition of a trend. As we know price tends to move in one direction until it shows the sign of reversal. The sign of reversal is a break of LL's and LH's structure. In this case priceaction instead of making a LH made a NSH, thus signalling us about the trend reversal. Note that I don't consider a consolidation boarder breakout to be a sign of reversal. Only violation of the most recent impulse's initial point (=LH) is the sign. As usual with advanced patterns, stops need to be beyond X. 1.13XA is the level i like most. The idea of this trade setap is to catch the second impulse of a new uptrend. Here 0,886XAshould serve as this second impulse's initial point and I look for 1.272XA inversion to be it's final point. Here I place my targets. Those of you who follow me long enough in this setups know that I close half as soon as price action retests the A-point's highest close. I breakeven the second part and enjoy the risk free trade to uncover itself. Support me with your 'likes'. If you are new and want me continue explaining my trading style then press 'follow' to get my charts. Don't forget to check my other ideas where I post this setup to get confidense in the setup's profitability. Until then, good luck. Let's see how it works.
Long
by Alexander_Nikitin
1