


ForexVizionist
Potential correction , ETH entered 4h Selling value zone it can still easily manipulate the HIGH , which would mean SL
I missed initial entry short where price was backing up towards fair value of the range This should be the scale in trade, because it is my initial trade with wider SL I will take it with reduced risk
Technically the price is in bearish territory but present momentum is bullish
G. Morning, Eth is well bellow todays fair value level Selling power at transition into trading range remains strong, which can be 1st indication of price later resuming the down trend.
USDCHF is one of most active PAIRS in NY trading session 1.) break of overall territory 2.) Healthy trend Momentum / not violating previous swings I will scale out at the top
CAD - demand continues Yesterday I entered NZDCAD which is still hoovering around the entry price 1.) I was correct: I did enter a bit too soon which automatically creates the risk of SL due to pullback momentum 2.) As it played out I was wrong on AUD and USD demand, but the system saved us from entering USDCAD ..... AUDCAD short: 1) EMA crosses south...
Looks Like AUDCHF caught itself into range trade between AHD and CHF demand Equilibrium, territory was very bullish for very long time from daily perspective , but last HIGH swing looks like it become a bit expansive for the people interesting in AUD , Current demand is waged in favour of CHF while AUD was bullish way to long to just DIE out, I am not...
Looks like there is Demand for CAD today Both NZDCAD, AUDCAD and USDCAD are forming Short setups Based on correlation analysis I find best to filter AUD out and only pay attention to NZDCAD and USDCAD NZDCAD did end UP forming very nice Momentum in its pullback, when for USDCAD, I am thorn between a) pullback extending and re-touching the top b) melting...
Potential Demand and continuation trade for ETH Price action is aligning very smoothly, I will still wait some more for the full bullish conformation of continuation Daily Activity confirmed with breaking previous swing back into overall bullish territory Strategy rules checklist: Daily TF activity: ✓ 1H EMA flip ✓ DAY 1 = pullback ✓ DAY 2 = pullback...
AUDUSD has been trending short since 18. March, I did manage to enter from daily chart on 22nd of March at 0.77476 so for me this is potential Scale in trade, but will be also treated as individual intraday trade Trade: I would like to see pullback with readable momentum, If I would speculate on time I think entry could be around next NY session (will see)...
I am not to confident into short performance , since the overall trend is still bullish, and currently it is closing in on the past BULLISH overall territory start (demand) that is why I am using closer target, and I will have no problem to close trade sooner if needed (lets just hope there will be no Price action blindness
Plan was build based on ETH USDT, which I was following since previous week, I was positive that trend will resume on weekend, but it suprised me with Monday Strategy rules are here to protect us from irrational entries, so patience pays off Keep calm Apply and repeat
I have been silent on TV for some time, IDK why and how I decided to turn my trading style upside in 2020, and I am now slowly putting it back together into something solid "apply and repeat" style without grey hairs, and mainly overcomplicating IDK if I am fully happy and satisfied, time will tell but its good enough to start sharing it I will update when...
EUR - somewhere in the middle on the weaker side on 4H timeframe AUD - 2nd strongest pair at the moment (cooling off but there might be still juice inside)
Posting a bit late, in the time that I do all correlation and journal the pairs move :) CHF is suffered strong BEAR candles yesterday AUD was strong past few days, let's hope we are not too late in the game
It reached the top, unfortunately, I was not there to scale-out, If the market will give another push to the top I will scale out if not I will close it and re-enter later