All my trades are on myfxbook, link is in my bio. Switched everything to hankotrade 2 weeks ago and up 203% on my absolute gain. I dont post all my trade ideas here.
Watching usd/cad mainly until i see other opportunities arise. I have my zones highlighted in orange. I scalp off the 5 min and what i want to see is a reaction at these orange zones, a strong move...
(chart is messy for examples, sry) Bullish case for the short term EURUSD. EURUSD bull trend since oct 3rd. From oct 26th-27th we had a 0.78 retracement. Then we had the next pop higher. If we seen a short term high take place, then the next 0.78 retracement falls inline with an in-balance/fvg around the 1.05500 price which is also a psychological number being its...
NZDCHF retracing back down. Ill be looking for a bounce off the 200 day (red line) which also acted as support in the past around the 0.53400 range. Usually low volume fridays so ill be watching for an entry and get in either today if the trade presents itself or next week
You can play either way off the 200. I myself will play the short side. Had a massive move up, may see some pullback. 200 acting so far as resistance. ( IM on and trade off the 4 hour chart)
watching this slight support 1.309-1.318. Overall the chart looks bearish, but i will most likely watch and play for a slight bounce up to around the 1.331 area. This setup is not one of my A+ setups, so if i even do get into this trade, i will put less risk on the table
Watching for a potential pullback. 1.122-1.4 has acted as a zone of noise I call. I prefer trading off key support/res off bigger time frames so this one is one i may watch and scale into if we break down on lower TF.
If I do get into a trade (if this most recent high holds) ill look for a pullback to the .382 fib level (from july 6th- today) which also...
looks like we had an ABC correction off a previous 5 wave advance. Maybe we are looking for another bull rally for another 5 wave advance? New to EW so let me know your thoughts
Possibly head and shoulders may be forming on the D, we recently seen distribution before this sell off. Volume and price action will give us a better look. What do you think?
Using Wyckoff on the daily it looks like NVAX is setting up for a move to the upward direction. Play it how you how want and do your own DD, but I am may be looking at some credit spreads.
Looking at the picture I see a small Accumulation to the upside. Even If I am wrong and we see a dip from the wedge I will be playing straddle options tomorrow on the weekly's depending on how premarket movement goes. Straddle at current price right now, if underlying hits $10.50 that would be close to 100% profits.
You can look at XLM as well and put the same points on them. XLM is cheaper and could be a potential play if it mimics BTC. Been buying around the 31-34 cent ranges for a play to the upside.
SQ at first looked like a distribution but the Apr 13th high never went above the previous high on Feb 11th. I do see a potential false 1st spring on march 4th to the upside which didnt play out but there is another potential spring to the upside on may 19th that is slightly lower than the march 4th 'Spring" . I cant post a pic on here but if anyone else is...
