We have had an impulsive move to the upside. Thus we need to wait for a correction back into a key level. Need to see 4hr rejections come from this level then I will be taking a long trade. SL at the invalidation level which is below the recent swing low. Target retesting the high and some continuation. Solid RR on this trade.
XAUUSD,GBPJPY,GOLD,USDCAD,EURAUD, Make sure to wait for confirmations, of depletion of bearish pressure and bullish signs for BUYS! And for sells you want to see a depletion of bullish pressure and injection of bearish i.e a 30m bearish close to indicate your bias! Once you have your structural break.
GBPUSD,GBPJPY,EURJPY,EURNZD,EURAUD
THIS IS AN IMPORTANT CONCEPT REGARDING WAITING FOR CONFIRMATIONS FROM CANDLES.
MAKE SURE YOU USE RELEVANT CONFIRMS WHEN TAKING ENTRIES!
HOW TO DEAL WITH LOSING TRADES
THESE ARE WHAT IM LOOKING AT ON MY WATCHLIST, MAKE SURE YOU WAIT FOR YOUR CONFLUENCES TO LINE UP AND YOUR ENTRY REQUIREMENTS ARE MET BEFORE ENTERING A TRADE. ENSURE YOUR VARIABLES ARE TICKED ON YOUR TRADING PLAN.
These are the intraday levels im looking to trade off given the most recent price action, make all of your variables allign before taking the trades and that your entry requirements are met.
GBPJPY, EURAUD, EURNZD
WAIT FOR THE BREAK , RETEST AND MOMENTUM SHIFT.
WAIT FOR BREAKOUT OF RANGE, RETRACE AND THEN A 30M CONFIRM
GBPJPY SCALP INTRADAY LEVELS
30M STRONG BEARISH CONFIRM AWAY FROM THE ZONE, OR A 15M CLOSE AND A BREAK OF THE LOW.
TODAY WAS NFP SUPER HIGH VOLATILITY WAITED FOR PRICE TO CREATE A HIGH WE WAITED FOR A RETRACE AND A 15M BULLISH CONFIRM WAS A LIQUIDITY GRAB CANDLE SL JUST BELOW THE WICK PARTIALS SECURED AT 1:1 , SECOND TP JUST BEFORE THE NEXT ZONE.
LOW CREATED, RETRACE TO RESISTANCE, 15M CONFIRM SL ABOVE THE WICK TARGET LOW WITH 2:1 RR