PriceActionTrading

PriceActionTrading Jan 15, 2016

TREND IS OBVIOUSLY DOWN. HOWEVER, I SEE A VERY LOW RISK TRADE HERE WITH HIGH POTENTIAL. GETTING STOPPED OUT IS ALWAYS POSSIBLE HERE BUT THE RISK IS TOO LITTLE FOR ME TO NOT LAY MY HANDS ON IT. PRICE AT PREVIOUS SUPPORT HERE. PRICE BREAKING THIS LEVEL WILL RESULT IN A BAT PATTERN ON D1. ANOTHER POSSIBLE BUY ZONE BUT I WILL TALK ABOUT IT IF IT COMES TO THAT....

PriceActionTrading Updated  Jan 5, 2016

ENTERED LONG BASED ON PRICE ACTION AND REJECTION OFF 1.0000/FAILED TO CLOSE BELOW 1.0000 ON FIRST TRY. REASONABLE RISK VS REWARD. H4 PIN BAR FORMED @ 1.0000 AND A H4 CLOSE ABOVE THE PIN CONFIRM REVERSAL. STOP LOSS WOULD BE AT A REASONABLE CLOSE BELOW THE H4 PIN (0.99558). A FAIR VALUE TRADE.

PriceActionTrading Updated  Dec 21, 2015

PATTERN IS RARE AND PATTERN TELLS A WHOLE STORY BY ITSELF. IT GAPS DOWN AND FAILED TO CLOSE HIGHER THAN IT PREVIOUSLY CLOSED, WHILE BEING FULLY ENCOMPASSED INSIDE THE PREVIOUS BAR. CAUSING AN INSIDE GAP. ALMOST SIMILAR TO THE WELL KNOWN BEARISH MATCHING HIGH PATTERN. D1

PriceActionTrading Dec 10, 2015

HI TRADERS, SINCE MY CONNECTIVITY TO TV IS GETTING BETTER, HERES ANOTHER PAIR ON MY WATCHLIST. AUDCAD IS GETTING NEAR 1.000. CAD HAS BEEN UNBELIEVABLY WEAK RECENTLY, PUSHING USDCAD TO ALL TIME HIGH ALTHOUGH USD ITSELF IS PRETTY WEAK. AUD IS WEAK TOO AS CAN BE SEEN FROM AUDUSD AUDJPY, BUT STILL RELATIVELY STRONGER THAN CAD. IM HOPING THIS RELATIONSHIP WILL...

PriceActionTrading Updated  Dec 10, 2015

REASON 1 : 200EMA D1 AND W1 REASON 2 : DOUBLE PIN D1 @ 90.00 KEY RESISTANCE WITH FAILURE TO CLOSE ABOVE IT. REASON 3 : HIGH RSI D1. REASON 4 : DEPENDING ON HOW YOU PERCEIVE IT, YESTERDAY'S WAS A BEARISH ENGULFING DOUBLE PIN FORMATION. W1 WITH 200EMA, DOWN TRENDLINE, 90.00 RESISTANCE H4 ANALYSIS ON HOW I WOULD ENTER THIS TRADE

PriceActionTrading Dec 4, 2015

ADDING A BONUS ANALYSIS. SGDJPY. MONTHLY CONFIRMED LOWER LOW LOOKING FOR HIGHER PRICES TO SHORT. PLACES TO SHORT WILL BE BETWEEN 61.8% TO 88.6% DEPENDING ON PRICE ACTION. LONG TERM TRADE. PATIENCE IS KEY. SIMPLE PRICE ACTION TRADE. D1

PriceActionTrading Dec 4, 2015

HI TRADERS, I AM A FIRM BELIEVER THAT THE ECONOMIC AND SOCIAL ISSUES OF EUR ARE STILL VERY REAL, IF NOT WORSE. SO EVERY OPPORTUNITY TO SHORT EUR SHOULD BE TAKEN. THOUGH THERE WAS A 400 PIPS SPIKE UPWARDS, WE SHOULD NOT SUBSIDE. PRICE DID NOT MANAGE TO BREAK 61.8% OF LAST DOWN IMPULSE DURING YESTERDAY'S PUSH. I AM LOOKING FOR CONFIRMATION TO SHORT THIS.

PriceActionTrading Updated  Dec 4, 2015

HI TRADERS, PRICE HAS CLOSED ABOVE RESISTANCE TRENDINE. BEEN MONITORING THIS PAIR FOR SOME TIME NOW AND IT HAS FINALLY BROKE UPSIDE AFTER W1/D1 HIGHER HIGHS. SIMPLE PRICE ACTION TRADE. W1

PriceActionTrading Dec 3, 2015

SIMPLE VIEW. WAIT FOR PRICE BREAK SUPPORT. OR PRICE BOUNCE SUPPORT.

PriceActionTrading Aug 19, 2015

3 BLACK CROW PATTERN AFTER LONG UPMOVE RSI DIVERGENCE. STRUCTURE RESISTANCE. H4 78.6% RETRACE NOW.

PriceActionTrading Aug 2, 2015

IM EXPECTING A SHORT UJ BASED OFF THE M1 BEARISH PIN BAR OFF RESISTANCE LEVEL. PREVIOUS MONTH JULY DID NOT MAANGE TO CLOSE ABOVE THE PIN BUT DID SPIKED BELOW. SHOWING WILLINGNESS FOR CLOSE TO CONTINUE LOWER. W1 RSI DIVERGENCE @ OVERBOUGHT LEVELS. WILL SEE D1 FOR BEARISH SIGNAL. PREVIOUS I POSTED AN AUDNZD IDEA ALMOST SIMILAR TO THIS SETUP. WORKED OUT WELL FOR...

PriceActionTrading Jul 30, 2015

SAME AS AUDUSD. PIN FORMED AT CHANNEL SUPPORT AND @ 0.6600 LEVEL. COUNTERTREND. ON THE H1, IT IS STILL HIGHER HIGH ALTHOUGH ON HIGHER TIMEFRAME ITS AN OBVIOUS DOWN MOVE. LONG AFTER A CLOSE ABOVE THE PIN IS IDEAL WITH STOPS BELOW THE PIN.

PriceActionTrading Jul 30, 2015

PULLING A LONG HERE. STILL HOLDING MY BULLISH STANCE ON D1 UNLESS LOWS ARE VIOLATED. PATTERN FORMED ON H1 H4. NEAR SUPPORT LEVEL. POSSIBLE H1 REJECTION OFF SUPPORT.

PriceActionTrading Jul 29, 2015

ABCD COMPLETED WITH VALID 3 BAR REVERSAL ON D1 @ 161.8%. STOPS BELOW D1'S LOW. AIM FOR STANDARD 38.2 AND 61.8. GOOD LUCK. CLICK THUMBS UP TO FOLLOW THIS TRADE.

PriceActionTrading Jul 28, 2015

THIS PAIR HAS SHOWN RESPECT FOR BEAR FLAG, AND TRIANGLE PATTERN.. 40 PIPS PIN BAR REJECTION OFF TOP OF RESISTANCE TRENDLINE 61.8% TOP OF BEAR FLAG CHANNEL. POSSIBLE ABCD FORMING. TRADING THE CD LEG NOW WITH STOPS ABOVE H4 PIN. CLICK THUIMBS UP TO FOLLOW THIS IDEA. D1 On a side note, GBPJPY SHOWING CONFLUENCE TO SELL GBP POSSIBLE 2618

PriceActionTrading Jul 28, 2015

NICE CONFLUENCE TO SELL ON H4 D1 W1. POSSIBLE DOUBLE TOP H4. I LIKE THIS TRADE AS IT HAS NICE CONFLUENCE AND INVALIDATION OF THIS TRADE IS A CLOSE ABOVE D1'S PIN. WHICH IS REALLY NEAR. PROVIDING REAL NICE RR. MIND YOU, INVALIDATION IS A CLOSE ABOVE D1'S PIN. DOESNT MATTER IF PRICE SPIKES ABOVE. AS LONG DOES NOT CLOSE ABOVE. D1 W1

PriceActionTrading Jul 27, 2015

PRICE @ RESISTANCE TRENDLINE @ D1 21SMA RESISTANCE @ PREVIOUS H4 HIGH (2ND TOP OF DOUBLE TOP?) @ 1.1000 PYSCH NUMBER. D1

PriceActionTrading Jul 27, 2015

HI TRADERS, TAKE NOTE. AUDSGD CLOSES BELOW 1.0000 THE FIRST TIME IN A LONG TIME. LOOK FOR SELL @ HIGHER PRICES ALONG RESISTANCE LINE. H4