ManMcPriceaction

ManMcPriceaction

Honest review, I consider this a loss but now this proves EU is ready to rally up, as the new month approaches, I will wait for entry after NFP. Good trading y'all! 👍🏾

ManMcPriceaction

Still holding this trade, I did enter on GU as well earlier and have already hit TP. EURUSD I presume I will acquire the same result. Next post, results. Good trading....

ManMcPriceaction

I have sold at this area... Will now wait for results, positive or negative I will post feedback. Thank you and good luck in your trading guys!

ManMcPriceaction

Many stop losses where here and price seeks to take stop losses out before moving in it's intended direction. This is why we have to wait for H4 candle to close as I've mentioned in the two previous posts.

ManMcPriceaction

We will wait for entry confirmation before we can trade this... We have officially entered the liquidity zone I was waiting for, how we wait for the current H4 candle to close. Then we will consider entering if price looks like it may be bearish... If price is bullish I will consider it a no entry

ManMcPriceaction

As additional confluence I've added the resistance zone and price has reacted quite a number of times in that area.

ManMcPriceaction

Focusing on H4 timeframe my technical analysis shows me a possible break into liquidity area and then continuing to the down side, if 07:00 H4 candle close without mitigating liquidity we wait for 11:00 H4 candle South African time. Risk to reward is always @ 1:2 for my trades but you can make your own analysis in terms of stop loss and take profit areas.

ManMcPriceaction

As I've discussed here on this platform the importance of focusing on mostly these two things, FVG & Liquidity, why? Because price always only seeks these areas, either one of both. On the daily here we see that our monthly FVG was not important as price was evidently seeking liquidity, and now that price has rebalanced it will look to continue with strongest...

ManMcPriceaction

Looking at the overall market on EU it's clear that we are still bullish, with that said the daily bearish rally may be seeing it's end as we near the end of the month and monthly candle looking to close, it will be our bias for the coming year... We're looking to respect the monthly FVG. If not, price should continue bearish signs.

ManMcPriceaction

Still holding buys with more entries... Looking for price reversal in current area. Monthly FVG exhausted...

ManMcPriceaction

If price takes out the blue line we may be starting a bearish trend, if we do not take it out then we may be looking to target liquidity above (highs) and probably higher... In other words price will continue rally up

ManMcPriceaction

Decided to share a less complicated chart for your analysis and debate on my bias and idea. Feel free to comment

ManMcPriceaction

Hey y'all as you know I'm only trading the EU and I believe that gives me an edge by allowing me to be able to only focus on 1 pair and really check it deeply so I can be able to see the best possible opportunities to invest. Here in this example I illustrate that we're looking for higher highs and higher lows, which constitute an up trend, the two circles...

ManMcPriceaction

Under normal circumstances I would not trade news events although I am fully technically based I would rather trade after. This was an early entry but stop loss is strategically placed to compensate. What's your take?

ManMcPriceaction

News day, Friday still expecting that reversal, watching this area the whole week, check back at previous posts to see entry planning.

ManMcPriceaction

Price consolidating inside my discount zone ahead of USD CPI. Early entries in and holding through news event. Fingers 🤞🏾

ManMcPriceaction

Buy stop already setup. EU has entered my discount area, check previous post so see the area.

ManMcPriceaction

Waiting patiently for buys, when I get a discounted price, only then will I consider buying. Consider as well we are currently reacting on fair value gap (FVG) on a strong timeframe, the monthly as well as H4 and unmitigated H1 FVG inside the discount area. I have more confidence but to illustrate my point check out the chart considering also support and...