SPATrading

SPATrading

What will price do next will be discussed on the web-meeting on Sunday. THE WEB MEETING IS COMPLETE - I WILL SET ANOTHER ONE DURING THE NEXT WEEK & MOST PROBABLY ON THE COMING WEDNESDAY. THANKS FOR YOUR RESPONSE. ----------------------------------------------------------------------- FREE Online Meeting (Zoom) Every Sunday at 21:00 (UTC+3). Scanning & Evaluating...

SPATrading

What will price do next will be discussed on the web-meeting on Sunday. THE WEB MEETING IS COMPLETE - I WILL SET ANOTHER ONE DURING THE NEXT WEEK & MOST PROBABLY ON THE COMING WEDNESDAY. THANKS FOR YOUR RESPONSE. ----------------------------------------------------------------------- FREE Online Meeting (Zoom) Every Sunday at 21:00 (UTC+3). Scanning & Evaluating...

SPATrading

What will price do next will be discussed on the web-meeting on Sunday. THE WEB MEETING IS COMPLETE - I WILL SET ANOTHER ONE DURING THE NEXT WEEK & MOST PROBABLY ON THE COMING WEDNESDAY. THANKS FOR YOUR RESPONSE. ----------------------------------------------------------------------- FREE Online Meeting (Zoom) Every Sunday at 21:00 (UTC+3). Scanning & Evaluating...

SPATrading

Price is traded around the lower boundary of the ascending long-term price channel. What possibly price will do next will be discussed in detailed during the web meeting on Sunday. THE WEB MEETING IS COMPLETE - I WILL SET ANOTHER ONE DURING THE NEXT WEEK & MOST PROBABLY ON THE COMING WEDNESDAY. THANKS FOR YOUR...

SPATrading

Interesting price structure...

SPATrading

The reasons that we consider the bullish candle that was formed yesterday as a FALSE & potentially FABRICATED by the market makers will be discussed in the Sunday's web meeting. The relevant FAKE candle was CONFIRMED today BY PRICE meaning that more buyers attracted by its beauty. WE ARE BEARISH BIAS MORE THAN...

SPATrading Updated 

Indicators have NO place in Simple Price Action trading decisions. However, ATR (5) is an exception. ATR is used ONLY for money management and nothing more… Consequently, the current daily candle range reached the ATR rating. The appropriate momentum for price to reach the FCL did not exist therefore I took partial profit half of the entire position and I have...

SPATrading Updated 

ATR (5) and the current daily range are equal at the weekly resistance level that was not confirmed by price. For this thing to go down more dumb money flow in are needed. -------------------------------------------------------------------------------- THE WEB MEETING IS COMPLETE - I WILL SET ANOTHER ONE DURING THE NEXT WEEK & MOST PROBABLY ON THE COMING...

SPATrading

Timing – Location – Trend or vice versa Trend – Location – Timing. This is the process of Simple Price Action trading method. Price left an unfinished business below the big round number 110.00 I touch traded the weekly resistance (see the chart) risking the profits that this market already gave...

SPATrading

Trend following trade thus stop loss moved at the high of the day (see the chart). Do not forget that today is the last trading day of the month. -------------------------------------------------------------------------------- FREE Online Meeting (Zoom) Every Sunday at 21:00 (UTC+3). Scanning & Evaluating Potential Forex Trading Opportunities with Simple Price...

SPATrading

Trend following trade thus stop loss was moved lower (see the chart). -------------------------------------------------------------------------------- FREE Online Meeting (Zoom) Every Sunday at 21:00 (UTC+3). Scanning & Evaluating Potential Forex Trading Opportunities with Simple Price Action Strategy. Send me an email to vasiliades73@cytanet.com.cy in order to...

SPATrading

The mid-level of the ascending price channel is resisting price. A decisive price breakout will likely going to take price towards the FCL at 0.7047. -------------------------------------------------------------------------- FREE Online Meeting (Zoom) Every Sunday at 21:00 (UTC+3). Scanning & Evaluating Potential Forex Trading Opportunities with Simple Price...

SPATrading

Price is approaching the first concern level (FCL) at 108.94. At the relevant level, we must take the following trading decisions: 1. Full profit taking 2. Partial profit taking 3. Adjust the stop loss level accordingly 4. Do nothing

SPATrading

Simple Price Action: Fact 1. Consolidation of 18 weeks above the mid-level of the descending price channel. Breakout of price to south. SO, WHERE PRICE IS LIKELY TO GO? Fact 2. Monthly & weekly MAIN and DIRECT trends are in HARMONY in downtrend thus acceleration of price is anticipated. These are current FACTS printed on the chart. Markets are uncertain… if new...

SPATrading

Price is approaching the First Concern Level at 126.26.

SPATrading

The TIMING to open a short trade was due to the bearish engulfing candle pattern that was formed yesterday. It simply engulfed a false hammer that was created a day before. The relevant price action setup is consider as a continuation candlestick pattern which was supported by ALL TRENDS. First concern level identified. Pending sell stop was in place living the...

SPATrading

The situation on this pair gradually weakens our short bias. Effortlessness, price is violating all the resistance levels. I am not surprise for this since the majority of retail traders have open short positions with an average open price at lower levels. THE FOOTPRINT OF SELLERS IS MISSING.

SPATrading

See the details of the trade on the chart.