


USA_Capital_Funds
EssentialNormally I try to stay out of NY bcus thats usually when my baby princess will randomly wake up :) However, she is sound asleep and AU has given us the textbook of all textbook trade setups. Lets see if it can fall along with our EU trade from London.
This London session has provided a beautiful setup in Gold as it seems to want to continue its push up. Classified officially as our B&R playbook trade but it could also be a breakout trade had we entered on the big bullish candle. Anyways on we go, lets see what happens
Our second trade this London session will be on EU using the Libra setup with confluence based RSI, broken structure, and currency strength. Regardless, this is a probabilities game so we never know for sure what will occur therefore I always say, lets see..
EU has dropped significantly with DXY rally and while everyone is in fear, we may want to join the algorithms in trading this bullish cypher using our limit buy order that recently got hit and our ATR proprietary SL. Lets see if it materializes
Break and retest setup criteria has been met and we will use the latest rejection candle as our entry signal to try to gain at least 2R from this trade
UJ has clearly broken trend line and finally pulled back to test previous support turned resistance. Seeing how buyers seem to be depleting over the past 2 candles, I will try to get at least 2R from this setup. Lets see how it plays out
Originally had taken this entry earlier as I was leaving work on a range breakout setup that also met my reversal setup criteria. It retraced now to the entry and a bit of drawdown but I figured I could take this opportunity to journal my trade for future review purpose.
Criteria met and trade is in line with potential DXY weakness. Lets see if it materializes. Dont get confused by the name of the setup, we are buying GU after multiple break down failures and a couple of other requirements being met
618 Playbook setup presented during this London session using our ATR as stop loss. Lets see if we can catch a bounce off dollar weakness.
JPY pairs seem content to continue to push upward and we can set a buy stop in case this hypothesis is correct, to join the next short term move up for at least twice our risk
UJ has made our Libra / Head & Shoulders pattern and rejected from base of right shoulder multiple times. Lets see if JPY is ready to show some weakness yet
GJ has painted a beautiful long setup on both the 4H and the 15m timeframe. Currently used inside bar breakout and break and retest setup to enter. Lets see how it plays out
Using our breakout setup right from the playbook we can try to catch continuing momentum on UC. Could be a nice opportunity for at least 2R in line with DXY strength
NU has dropped down to complete bat harmonic pattern and our limit entry has been activated using ATR as SL
London started with fireworks and despite the quick movement we entered a quick limit order at the 618 fib retracement of UJ using our ATR SL placement. It got hit and is moving quick! lets see if it continues
NJ has presented a nice break and retest trade in line with JPY weakness and potential NZD strength. Lets see if it can at least play out for 1:2 RR
Asia has had some movement already and a nice shakedown especially against AUDUSD. However, most pairs against USD are still in technical uptrends and with a fresh session we look to enter an identified break and retest setup using rejection candles in NU. Lets see how it plays out
USDCAD has met requirements for our playbook setup: Break and Retest for our last NY trade of the day. Lets see if a pullback in the markets can trigger at least a 2R gain.