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AUD/JPY and NZD/CHF on watch for me today.Good morning guys and girls. I hope you're doing well. So AUD/JPY is doing what I suspected it might do whilst I was creating my Thursday Forecast and now it looks like it might be ready to give me a risk entry by the end of today. I also know from the testing that I've done that very corrective pairs such as NZD/CHF are also very reliable where risk entries from the edge of structure are concerned, so I'll also be looking for one of these from this pair which is now shaping up very nicely. As always my entry requirements I've listed below. I'll of course be back on Monday with another forecast after I've selected my Top 6 and my Wildcard list pairs for next week later this evening and created my Monday Forecast tomorrow morning. But in the meantime, have a great day, a great weekend! AUD/JPY: • If price pushes up to and ideally just above our rayline and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from 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. NZD/CHF: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price only pushes up to and ideally just above our upper rayline and the last part of the move is corrective, then I'll once again be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it but I'll be hiding my stop loss above our upper ascending trend line for extra protection. • 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.
Short
by StewySongs
1
Nothing on watch for me today.Good morning all, I hope you're doing well. So I was tagged out of my EUR/GBP trade for break even yesterday and now as I'd expected it would if I was tagged out price looks it might be pushing back down to the bottom of our higher time frame structure, so I'm very happy with how I placed and managed this trade and all we as traders have to do after a trade is document and journal it and then role the dice again and our let our edge over the market play out over a large enough sample size of trades just as a casino does when it comes to hands or spins. Where today is concerned I think the market once again looks like it needs a little development across the board where how I look to trade is concerned, so because I'm running my trading career like a business and I'm not looking to get rich quick I'm happy to watch from the touchline again as it were and wait for the market to show its hand. I think AUD/JPY could be a possible candidate for my Friday Forecast, but we shall see how this pair develops as today unfolds. Have a great day and remember that in trading just as in life, patience always pays!
Long
by StewySongs
WTICO/USD on watch for me today.Good morning all. I hope you're having a fantastic week so far. So I'm currently still in my EUR/GBP trade (for the moment at least). The momentum never really kicked in to the upside as I'd hoped and then price retraced very aggressively in true EUR/GBP style. On the balance of probability I thought at this point that I'd probably be tagged out for a loss simply because of the momentum that had come in to the downside. However I also saw what had preceded this move as a completed three touch pattern and I know from my testing how after a completed three touch pattern price will sometimes scoop back down to retest the third touch and then the momentum will kick in in our forecasted direction and that's exactly what happened and one of the reasons I thought that this might happen is because of what happened the last time a three touch structure broke below a daily double bottom which I've replicated for you in my last post using the Bars Pattern tool. Granted it doesn't look identical to what's happened this time around because one piece of price action never looks identical to another, but hopefully this shows you how it's possible for us to trade raw price action without us paying any attention to the news and that's because patterns repeat themselves because human beings repeat themselves. So that's me marginally in profit on this trade with my stop loss now at break even. I may well be tagged out for break even soon, but EUR/GBP is notorious for pulling back violently before it continues in the direction that it was headed so let's see what happens. But this is why we as traders always need to remain neutral and open-minded so that our bias doesn't cloud our judgment. My forecast for today I've posted below. Have a great day! WTICO/USD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price only pushes up to and ideally just above our upper rayline and the last part of the move is corrective, then I'll once again be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it but I'll be hiding my stop loss above our upper ascending trend line for extra protection. • If price pushes up impulsively to and ideally just above our upper rayline, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short 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.
OANDA:WTICOUSDShort
by StewySongs
1
WTICO/USD on watch for me today.Good morning all. I hope you're having a fantastic week so far. So I'm currently still in my EUR/GBP trade (for the moment at least). The momentum never really kicked in to the upside as I'd hoped and then price retraced very aggressively in true EUR/GBP style. On the balance of probability I thought at this point that I'd probably be tagged out for a loss simply because of the momentum that had come in to the downside. However I also saw what had preceded this move as a completed three touch pattern and I know from my testing how after a completed three touch pattern price will sometimes scoop back down to retest the third touch and then the momentum will kick in in our forecasted direction and that's exactly what happened and one of the reasons I thought that this might happen is because of what happened the last time a three touch structure broke below a daily double bottom which I've replicated for you using the Bars Pattern tool. Granted it doesn't look identical to what's happened this time around because one piece of price action never looks identical to another, but hopefully this shows you how it's possible for us to trade raw price action without us paying any attention to the news and that's because patterns repeat themselves because human beings repeat themselves. So that's me marginally in profit on this trade with my stop loss now at break even. I may well be tagged out for break even soon, but EUR/GBP is notorious for pulling back violently before it continues in the direction that it was headed so let's see what happens. But this is why we as traders always need to remain neutral and open-minded so that our bias doesn't cloud our judgment. My forecast for today I've posted below. Have a great day! WTICO/USD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price only pushes up to and ideally just above our upper rayline and the last part of the move is corrective, then I'll once again be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it but I'll be hiding my stop loss above our upper ascending trend line for extra protection. • If price pushes up impulsively to and ideally just above our upper rayline, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short 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.
Short
by StewySongs
Nothing on watch for me today.Hi guys and girls, I hope you're doing well. I'm not sure when I'll be returning home yet, but just to say that as soon as I have I'll be making some more videos for you all. As I mentioned previously the airwaves where I am regardless of whether I connect through the wifi or I tether via my mobile data seems to be so saturated now that my trading videos no longer upload, but back in Scotland the story is very different. So I look forward to bringing you more videos as soon as I can. The market at least how I look to trade looks like it needs a little more development at the moment, so I'm happy to sit on my hands until this evening when I create my Wednesday Forecast to give the market time to develop. But just to say that I got long on EUR/GBP yesterday with a risk entry after a one hour retrace, after a clear and obvious 1, 2, 3, touch structure break below a daily double bottom and ever since in typical EUR/GBP style price has just been trickling around my entry point. But we've since had a strong daily close, a strong four hour close and now it just looks price has formed an impulse, correction continuation to push higher and wash out all of the retail traders who sold below the most recent stand-out liquidity point believing that it now acts as resistance, but we shall see. Pictured above is the EUR/GBP trade which I'm currently still in. Have a great day!
Long
by StewySongs
AUD/NZD and EUR/GBP on watch for me today.Morning all, I hope that you had a fantastic weekend. So on Friday I placed my first ever risk entry within a tight flag on AUD/CAD and because I'd recently backtested this pair and I therefore had documented notes on how it behaves and I knew that it'is fairly reliable where one hour flags are concerned. So I therefore knew from my testing that taking a risk entry within a one hour flag was a risk worth taking. I also observed during my testing how this pair seems to pull back unexpectedly what with it being a somewhat corrective pair, so my notes also told me that I should move my stop loss to break even a little quicker than I normally would with many of the other pairs that I trade and since the market was winding down for the week this made even more sense given that many traders close their positions before the end of the trading week. So I moved my stop loss to break even and that's exactly what happened. So my AUD/CAD trade tagged me out for break even and that's now been documented and journalled and that's me still in profit for the last month. My forecast requirements for today I've listed below... Have a great day! AUD/NZD: • If price impulses up above our previous high, it does so in a convincing manner and a subsequent tight one hour flag forms, 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. EUR/GBP: • If price pushes down to and ideally just below the lower trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price only pushes down to and ideally just below our lower rayline and the last part of the move is corrective, then I'll again be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it, but I'll be hiding my stop loss below the lower descending trend line of our most recent piece of structure for extra protection. • 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.
Long
by StewySongs
1
AUD/NZD and EUR/GBP on watch for me today.Morning all, I hope that you had a fantastic weekend. So on Friday I placed my first ever risk entry within a tight flag on AUD/CAD and because I'd recently backtested this pair and I therefore had documented notes on how it behaves and I knew that it'is fairly reliable where one hour flags are concerned. So I therefore knew from my testing that taking a risk entry within a one hour flag was a risk worth taking. I also observed during my testing how this pair seems to pull back unexpectedly what with it being a somewhat corrective pair, so my notes also told me that I should move my stop loss to break even a little quicker than I normally would with many of the other pairs that I trade and since the market was winding down for the week this made even more sense given that many traders close their positions before the end of the trading week. So I moved my stop loss to break even and that's exactly what happened. So my AUD/CAD trade tagged me out for break even and that's now been documented and journalled and that's me still in profit for the last month. My forecast requirements for today I've listed below... Have a great day! AUD/NZD: • If price impulses up above our previous high, it does so in a convincing manner and a subsequent tight one hour flag forms, 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. EUR/GBP: • If price pushes down to and ideally just below the lower trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price only pushes down to and ideally just below our lower rayline and the last part of the move is corrective, then I'll again be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it, but I'll be hiding my stop loss below the lower descending trend line of our most recent piece of structure for extra protection. • 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.
Long
by StewySongs
AUD/NZD and EUR/GBP on watch for me today.Morning all, I hope that you had a fantastic weekend. So on Friday I placed my first ever risk entry within a tight flag on AUD/CAD and because I'd recently backtested this pair and I therefore had documented notes on how it behaves and I knew that it'is fairly reliable where one hour flags are concerned. So I therefore knew from my testing that taking a risk entry within a one hour flag was a risk worth taking. I also observed during my testing how this pair seems to pull back unexpectedly what with it being a somewhat corrective pair, so my notes also told me that I should move my stop loss to break even a little quicker than I normally would with many of the other pairs that I trade and since the market was winding down for the week this made even more sense given that many traders close their positions before the end of the trading week. So I moved my stop loss to break even and that's exactly what happened. So my AUD/CAD trade tagged me out for break even and that's now been documented and journalled and that's me still in profit for the last month. My forecast requirements for today I've listed below... Have a great day! AUD/NZD: • If price impulses up above our previous high, it does so in a convincing manner and a subsequent tight one hour flag forms, 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. EUR/GBP: • If price pushes down to and ideally just below the lower trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price only pushes down to and ideally just below our lower rayline and the last part of the move is corrective, then I'll again be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it, but I'll be hiding my stop loss below the lower descending trend line of our most recent piece of structure for extra protection. • 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.
Long
by StewySongs
NZD/CAD, NZD/CHF and AUD/CAD on watch for me today.Morning all. I have three pairs on watch today. The first one I'll almost certainly not be trading now which is NZD/CAD, because I just placed a market order on AUD/CAD and I never have more than 1% of my capital exposed to any one currency at any one time if my bias is the same on that currency where both currency pairs are concerned. But it's possible that NZD/CHF might give me an entry by the end of the say, because it's doing exactly what I thought it might do at the moment. So I'm currently short on AUD/CAD, so I'm now just watching this for monitoring purposes, but the other two are what I'll be watching for trading purposes for the rest of the day. Have a fab day folks! NZD/CAD: • If price corrects and a tight one hour flag forms, 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. NZD/CHF: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price only pushes up to and ideally just above our upper rayline and the last part of the move is corrective, then I'll once again be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it but I'll be hiding my stop loss above our upper ascending trend line for extra protection. • 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. AUD/CAD: • If price corrects and a tight one hour flag forms, 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.
Short
by StewySongs
3
NZD/CAD, NZD/CHF and AUD/CAD on watch for me today.Morning all. I have three pairs on watch today. The first one I'll almost certainly not be trading now which is NZD/CAD, because I just placed a market order on AUD/CAD and I never have more than 1% of my capital exposed to any one currency at any one time if my bias is the same on that currency where both currency pairs are concerned. But it's possible that NZD/CHF might give me an entry by the end of the say, because it's doing exactly what I thought it might do at the moment. So I'm currently short on AUD/CAD, so I'm now just watching this for monitoring purposes, but the other two are what I'll be watching for trading purposes for the rest of the day. Have a fab day folks! NZD/CAD: • If price corrects and a tight one hour flag forms, 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. NZD/CHF: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price only pushes up to and ideally just above our upper rayline and the last part of the move is corrective, then I'll once again be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it but I'll be hiding my stop loss above our upper ascending trend line for extra protection. • 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. AUD/CAD: • If price corrects and a tight one hour flag forms, 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.
Short
by StewySongs
1
NZD/CAD, NZD/CHF and AUD/CAD on watch for me today.Morning all. I have three pairs on watch today. The first one I'll almost certainly not be trading now which is NZD/CAD, because I just placed a market order on AUD/CAD and I never have more than 1% of my capital exposed to any one currency at any one time if my bias is the same on that currency where both currency pairs are concerned. But it's possible that NZD/CHF might give me an entry by the end of the say, because it's doing exactly what I thought it might do at the moment. So I'm currently short on AUD/CAD, so I'm now just watching this for monitoring purposes, but the other two are what I'll be watching for trading purposes for the rest of the day. Have a fab day folks! NZD/CAD: • If price corrects and a tight one hour flag forms, 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. NZD/CHF: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price only pushes up to and ideally just above our upper rayline and the last part of the move is corrective, then I'll once again be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it but I'll be hiding my stop loss above our upper ascending trend line for extra protection. • 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. AUD/CAD: • If price corrects and a tight one hour flag forms, 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.
Short
by StewySongs
1
AUD/CAD on watch for me today.Hi guys and girls. Just one pair on watch for me today. We have a nice doji suggesting a possible reversal to the downside along with some fairly solid structure. If my requirements are met then I'll be looking to get short on this pair today, however as I type we're starting to get some momentum kick in to the upside. If this continues and price pushes up to the top of structure then I will simply take this pair off of watch and "simply wait until another setup which meets my plan materialises" as I state in my forecast requirements. Have a great day! AUD/CAD: • If price corrects and a tight flag forms, 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.
Short
by StewySongs
1
NZD/CAD and AUD/CAD on watch for me today.Morning all. So I made what I think was one of my best videos ever this morning in terms of the value which I believe it would have provided you with, but alas once again I couldn't connect to a stable enough internet connection for it to upload without the uploading failing repeatedly. I was made aware of someone else on the street that I'm staying yesterday that simply couldn't connect to the internet at all. So it would appear as I said yesterday that the airwaves in some parts of the country are now so saturated that stable internet connections are practically non-existent. But I guess it is what it is, so I've posted my forecasts in image format for your viewing. Have a great day! NZD/CAD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll be looking to get short either a reduced risk entry on the break of the flag or a risk entry within it. • If price only pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll again be looking to get short 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. AUD/CAD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll be looking to get short either a reduced risk entry on the break of the flag or a risk entry within it. • If price only pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll again be looking to get short 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.
Short
by StewySongs
2
NZD/CAD and AUD/CAD on watch for me today.Morning all. So I made what I think was one of my best videos ever this morning in terms of the value which I believe it would have provided you with, but alas once again I couldn't connect to a stable enough internet connection for it to upload without the uploading failing repeatedly. I was made aware of someone else on the street that I'm staying yesterday that simply couldn't connect to the internet at all. So it would appear as I said yesterday that the airwaves in some parts of the country are now so saturated that stable internet connections are practically non-existent. But I guess it is what it is, so I've posted my forecasts in image format for your viewing. Have a great day! NZD/CAD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll be looking to get short either a reduced risk entry on the break of the flag or a risk entry within it. • If price only pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll again be looking to get short 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. AUD/CAD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll be looking to get short either a reduced risk entry on the break of the flag or a risk entry within it. • If price only pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll again be looking to get short 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.
Short
by StewySongs
AUD/CAD, EUR/NZD, AUD/USD and AUD/JPY on watch for me today.Hi guys and girls. I've just spent nearly two hours trying to upload the video that I made for you this morning, but the airwaves appear to be so saturated when I'm staying at the moment that there doesn't seem to be a stable enough internet connect available for me to upload my videos without the them crashing. I tried connecting through my mum's wifi and tethering via my mobile data on both the 2.4 Ghz and the 5 Ghz frequency but the result was the same. I'll try again tomorrow, but it doesn't appear that I'm able to bring you videos on a consistent basis at the moment. I'm now out of my NZD/USD as illustrated and I'll be documenting and journalling this tomorrow. My forecast for today is as follows... AUD/CAD: • If price corrects and a tight one hour flag forms, 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. EUR/NZD: • If price pushes up above our middle rayline, it does so impulsively a subsequent tight one hour flag forms, 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. AUD/USD: • If price corrects and a tight one hour flag forms, 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. AUD/JPY: • If price pushes down below our rayline, it does so impulsively a subsequent tight one hour flag forms, 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.
by StewySongs
1
NZD/JPY and WTICO/USD on watch for me today.NZD/JPY: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, 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 either a reduced risk entry on the break of the flag or a risk entry within it. • If price only pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll again be looking to get short 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. WTICO/USD: • If price corrects and a tight one hour flag forms, then I'll be looking to get short with a risk entry within the flag. • 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.
OANDA:WTICOUSDShort
by StewySongs
2
AUD/NZD, SOYBN/USD and GBP/NZD on watch for me today.AUD/NZD: • If price corrects and a tight one hour flag forms, 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. SOYBN/USD: • If price pushes up above our lower rayline, it does so impulsively a subsequent tight one hour flag forms, 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: • If price pushes up above our upper rayline, it does so impulsively a subsequent tight one hour flag forms, 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.
Long
by StewySongs
2
CAD/JPY and SOYBN/USD on watch for me today.CAD/JPY: • If price pushes down to and ideally just below the lower descending trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price only pushes down to and ideally just below our upper rayline and the last part of the move is corrective, then I'll again be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it, but I'll be hiding my stop loss below the lower descending trend line of our most recent piece of structure for extra protection. • If price pushes down to and ideally just below our rayline and it does so impulsively, then 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. SOYBN/USD: • If price pushes up above our upper rayline, it does so impulsively and a subsequent tight one hour flag forms, 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.
Long
by StewySongs
1
CAD/JPY on watch for me today.CAD/JPY: • If price pushes down to and ideally just below the lower descending trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price only pushes down to and ideally just below our upper rayline and the last part of the move is corrective, then I'll again be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it, but I'll be hiding my stop loss below the lower descending trend line of our most recent piece of structure for extra protection. • If price pushes down to and ideally just below our rayline and it does so impulsively, then 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.
Long
by StewySongs
2
GBP/NZD, WTICO/USD and EUR/JPY on watch for me today.GBP/NZD: • If price pushes up above our rayline, it does so impulsively and in a convincing manner and a subsequent tight one hour flag forms, 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. WTICO/USD: • If price pushes down to and ideally just below our upper rayline and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price only pushes down to and ideally just below the lower ascending trend line or our most recent piece of structure and the last part of the move is corrective, then I'll again be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it, but I'll be hiding my stop loss below our upper rayline for extra protection. • 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. EUR/JPY: • If price pushes down to and ideally just below our upper rayline and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from 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.
Long
by StewySongs
1
EUR/NZD and AUD/NZD on watch for me today.EUR/NZD: • If price only pushes up to and ideally just above our lower rayline and the last part of the move is corrective, then I'll once again be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it but I'll be hiding my stop loss above our upper ascending trend line for extra protection. • If price pushes up impulsively to and ideally just above our lower rayline or I miss the risk entry opportunity from the top of our most recent piece of structure, then 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. AUD/NZD: • If price pushes down to and ideally just below the lower trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from 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
CHF/JPY, AUD/NZD and SOYBN/USD on watch for me today.CHF/JPY: • If price impulses down below our upper rayline, it does so in a convincing manner and a subsequent tight one hour flag forms, 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. AUD/NZD: • If price pushes down to and ideally just below the lower trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from 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. SOYBN/USD: • If price pushes down to our previous low and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price pushes down to our previous low and the last part of the move is impulsive, then I'll be looking to get long with a reduced risk entry on the break of the flag. • 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.
OANDA:SOYBNUSD
by StewySongs
2
CHF/JPY, NZD/USD, SOYBN/USD and EUR/NZD on watch for me today.CHF/JPY: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is impulsive, then 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 price simply drops out of our most recent piece of structure, it does so impulsively and in a convincing manner a subsequent tight one hour flag forms, then I'll once again 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. NZD/USD: • If price corrects and it gives us a flag with two clear tops and bottoms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • 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. SOYBN/USD: • If price corrects and a tight one hour flag forms, 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. EUR/NZD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price only pushes up to and ideally just above our lower rayline and the last part of the move is corrective, then I'll once again be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it but I'll be hiding my stop loss above our upper ascending trend line for extra protection. • 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
1