Refimadon

Refimadon Nov 12, 2020

After the great short setup in one of my previous posts, I was closely monitoring the price closely. I drew a trendline after the first wick rejection by the bulls and that formed a basis for my thinking that there could be a possible reversal to the upside. I have 2 trades currently running, one is close to TP1 target (20.64917) R:R 2:46, and the 2nd position...

Refimadon Updated  Nov 9, 2020

I had an early entry with this pair this past week but I got stopped out due to the high market volatility that happened because of the US elections. Planning to go long again on Monday. Same plan for the EURCAD

Refimadon Updated  Nov 9, 2020

An interesting pair I have been monitoring it for the past month took a couple of losses but also had amazing wins when I was backtesting. The area circled in yellow could change on Monday but daily and weekly signal short. Planning to go short on the 4hr. trade makes me a bit nervous as the next level was not clear. to confirm on Monday.

Refimadon Updated  Jul 10, 2020

My previous setup worked out well. So again for this pair like I did with NZDUSD I have two plans. The circled area is the one that I am keeping a close eye on which is around the 107.00 price mark. In case of a break out/break down I will follow wherever the price takes me.

Refimadon Updated  Jul 7, 2020

My current resistance focus area is 0.65876. If price does not break through it then my plan is to go short as illustrated in the chart. I will be monitoring price closely as previous trade worked out well. I still think this pair is trending within range so I will be looking for trade opportunities whether going up or down with these two levels 0.65876-063733.

Refimadon Updated  Jul 7, 2020

As illustrated my TP target is 122.087. Trade already active not much movement on this pair but it's slowly making way to my set price mark if not I will be automatically stopped out or cancel the trade manually.

Refimadon Updated  Jul 3, 2020

My initial bias was short from the 12th June 2020 and I have been waiting on price to give me a clear sign of where it wants to go and it has been minimal movement for me so I have decided to come up with two plans as illustrated in case of a breakdown or continuation of the range. The key area I am looking at closely is 0.64130-0.64123.

Refimadon Updated  Jun 30, 2020

Currently have an open trade on this pair. my TP is 107.860

Refimadon Updated  Jun 24, 2020

Already entered a trade looking for price to push to the upside as illustrated if not my SL will take me out of the trade.

Refimadon Updated  Jun 24, 2020

The first setup was successful, I think the price might still push to the downside as a continuation of the downtrend and I plan to go short but if the price gets rejected by the support trendline then my setup will be invalidated. To review the plan on Monday because the area that's circled will add more reason for me to go short otherwise I will look for a buy...

Refimadon Updated  Jun 24, 2020

Price might continue downward maybe retest the trendline resistance to try and push to the upside? then continue downwards but my longterm bias is SHORT as illustrated. To review plan on Monday :)

Refimadon Updated  Jun 20, 2020

Gold has been on a bullish rally for a bit now and throughout all of those rallies the price respected the trendline resistant and the bulls could not seem to push it to its historical high indicating a strong bear hand? Price could choose to continue trending within the range we see on the chart or it could retest the resistance and then make its way to the...

Refimadon Updated  Jun 20, 2020

I am observing that USDCAD appears to be tired of trending at the bottom LOL and it's chopping it is way up to the upside. So I am looking to enter the trade only if price pushes to the red candles I have pointed to on the chart if not, my trade idea won't be valid. There are still other factors I am looking at but longterm bias is LONG.

Refimadon Updated  Jun 20, 2020

I currently have an open trade on this pair. Price retested the trendline resistance and got rejected twice forming a double top. I entered just after the double top if not lower and I am looking for selling opportunities all the way to the support level if not midway. If the price decides otherwise next week I will cancel the trade.

Refimadon Updated  Jun 7, 2020

I initially entered a short trade but I realized that was careless of me so I canceled it. My initial bias was long but I changed my mind carelessly halfway through. I am waiting on a valid entry as per my chart I have two plans. Plan A - Depending on what price might do If it makes a breakout to the upside I will enter and ride it out as per my TP or lower Plan...

Refimadon Updated  Jun 4, 2020

Price is on a strong bearish trend on the Weekly, Daily, 4HR charts. The price might retest the trendline support then push to the downside and if that happens then my entry will be validated to the next support line if not midway.

Refimadon Updated  Jun 4, 2020

What do I see? Price has had a tendency or consolidating before pushing to the upside or downside. The Weekly and Daily charts suggest price is still bullish perhaps trying to push to it's past hight but the smaller time frames suggest otherwise for me. I have 2 plans should price decide to break from the trendline I will go long to the upside until the next...

Refimadon Updated  May 28, 2020

I currently don't see any setup. I am looking closely at this area that I marked in the purple as well as the blue line. I think price will either continue on its bullish rally and reach both levels then revert back or price will get rejected by the current resistance level and if both scenarios happen I will buy the pullback to the support level. If none of these...