Tradingmarketacademy
Sterling DollarAs I been waiting, A slight extension below 1.27500 Area, we have gotten a perfect fill. This is a long term investment as summer trend is under way
Pound/Yenclean and simple , 2 and a half day cycle. This should be a straight away territory level 1 .
Sooner or later it needs to pullback Confirmations:
- for about a month now we have gone on a downtrend and market needs to pull back up
- Three pins to the low
- Divergence and price above liquid 50
- price resisting well hesitation zone of the quarter and should retrase back to previous Major Whole Number
EURCAD Long Typical BTMM strategy
We can see on the charts how last week we had a bearish cycle going down to 1.49250 yet could not break that zone. After that, we made a multi session W formation and today we are coming in to create a wedge that should breakout soon enough to create a new higher high and change momentum for this trade to the upside. Stop is a bit too much in my case but I am hoping for a good long term swing to the upside so If price keeps going up I may even keep this open hopefully.
Confirmations:
- second level rise off a wedge
- price could not break hesitation zone of 1.49250 so it could not go to next quarter, therefore it must go up
- on 4h we see price pinning liquid 50 and baseline so im hoping for a rejection off that key level
- reversal should come in London Session
- price is above large quarter point of 1.50000 and should go up to next quarter point of 1.525000
AUDJPY Going long until further noticePrice struggles to make a new lower low and could not reach the quarter level and psychological level of 75.00. We can see a double top formation coming along with ideal divergence after a macro level cycle finished on a wedge that has been occurring for a matter of weeks now. Going to be looking for long opportunities
Confirmations:
- Double Bottom
- Price struggles to make a new low and reach quarter level
- Price divergence on TDI and above liquid 50 (yellow line in TDI)
- macro cycle has finished with 3 long term pushes to the downside
EURAUD macro cycle finished and holding price in large quarterPrice has found resistance in a large quarter point and psychological number of 1.625000. As we can see as well, this correlates with a large macro cycle being finished and made a large M formation between last week and this week. Im looking to enter this coming days as midweek reversal and hold for a long term cycle down for a good 500 pips potentially.
Confirmations:
- divergence on TDI on 4h with first leg above band and second band below liquid 50
- macro cycle has finished and holding current price
- price has finished quarter cycle and held position on 1.62500 and has never past it or made a new high
- price made a new higher low but struggles to make a new higher high and consolidates below the high
- AUD pairs seem to be having a bit of consolidation across the board.
EURAUD for next coming weeks Price has struggled to breach the large quarter point of 1.62500. This coincides with a macro cycle of three pushes that has finished (as can be seen in chart in blue squares) and correlates with finished cycle of micro cycle (pink squares). We have divergence on higher timeframes of TDI which indicate a long term swing. Going to be looking to enter in london
Confirmations:
- 4h divergence with first leg on top of band and second leg below the liquid 50
- respected large quarter point of 1.625000 and created a double top formation
- finished macro cycle indicating a good swing
- micro cycle has finished as well
- price made a new lower high but never made a new higher high after it pinned 1.625
- AUD pairs have been slowing a bit in the past week and we can notice exhaustion in price
Backtesting Quarters Theory BACKTESTING ON A DEMO
NOT TO BE TAKEN SERIOUSLY
- 200 ema and 800 ema have not crossed so we may be seeing one last push down
- two pins off the 200 for a reset
- respected the liquid 50 and is below market baseline
- pointing for the next quarter
3 TPs
- TP1 on hestiation zone @ 1.94250 (90 pips)
- TP2 on half way point @ 1.93750 (130 pips)
- TP3 on large quarter point @ 1.92500 (260 pips)
GBPUSD HAS to have a pullback This is the 6th day of drop for GU, this HAS to have some sort of correction and today is the day. Stophunt low with a W is a perfect indication for a buy
ACAD finished cycle and awaits long swing position Pretty self exclamatory really.
Confirmations:
- TDI divergence,
- Level 3 consolidation
- Respected the liquid 50 line (Yellow line in TDI)
- today has done a 3 push down on 15m
Ausi/CadReally Really nice setup, if You guys can check out the weekly time frame, You can see we have a fill from this years market crash in the beginning of January .
GBPUSD long With a weakened USD. If we look at the past 3 days we can see a 3 day drop and today we have stophunt low with a clear W formation with outside the band and inside the band in my TDI. Looking for a long here. Hope for the best
Confirmations:
- 3 day drop
- today we have a stophunt low
- W formation in mid london session
- multiple railroads in that W of today's london session.
EURJPY bias is still to the upside In my past analysis we entered at the wrong time but now in 4h this looks crisp and ready to fly high. Its late in the day but in 4h we have a railroad formation that stopped many people out, and as you can see in my TDI it respected liquidity (yellow line).
Here are my confirmations:
- railroad formation on 4h
- respected liquid 50 (yellow line in TDI)
- divergence in rsi (green line in TDI)
- micro and macro cycles are both on level 3 chop
Eur/YenDow jones down 700 points, sterling down, and almost all markets are down. Liquidity now drying up and summer markets are in full affect, there for we will adapt to the higher time frames as longer term trades will now take into play . Euro Yen finally showing Up this beautiful cycle and we can anticipate an upside movement now. 126.00 is my finally long term target , but I will be reaching for 124.750 shorter term. This is a very valid setup , lets see how he plays out! Timings are now irrelevant or me and I will only be looking at the highs and lows for now on!
Serling/Yenvery very typical setup that has only failed me once. I am not offering any solicitation for this as I am back testing the pattern in a summer market feel . But I can say this has paid out about 99% of the time. Enjoy.
