atovar10

atovar10

Follow the winner and you'll make the money.

atovar10

Here we have euro retesting last sellers zone where the whole rally down started, on top of that its hitting trendline resistance.. I dont know if euro will continue being bullish, but I am speculating that if it wants to continue going up it will atleast give me a pullback to the 128.50 area to recharge hence why I am opening this short here, with a semi tight stop loss.

atovar10

Daily and 4 hour are retesting broken support where the rally started.. I will be selling the Euro here, if it breaks the sellers zone with confidence I will likely think that that whole move down was just a big probe in the bigger timeframes, and will likely head higher. Keep an eye as there will be opportunities coming here.

atovar10

This is one of my favorite strategies to play called the money spot, basically says that theres is a lot of indecision here around this zone. We got sellers and buyers conflicting for sometime now, I basically go with the winner of who takes out either side. I dont pay much attention to fundamentals, but as we all know any given news (good or bad) could be a...

atovar10

Weekly outlook still looks bullish , its back at support zone . Daily could be possibly trapping the guys who hid their stops below the lows in end of march, and 4hr and 1hr are all extremely oversold. Trading is about executing your edge when you see it and taking chances along with risk management. The r/r in here is very worth it, I will be managing this trade...

atovar10

This week I was mostly focused on forex and cryptos and I missed this big dip buying opportunity for Netflix, at this point we do not fomo buy as it does not follow our game plan. I have laid out what I will do if I don't get the buy zone I want and if it does even better.. but the idea is to wait. I would not short this either given the strong momentum Netflix...

atovar10

Trade the trend with bullish bias until proven wrong, It bounced nicely off the last safety net of 66, price area around 72 should be interesting to see if bears will keep the ball rolling or let the trend continue to flow. Trend says buy so I buy. Stop loss below 65 if that breaks it will show bears are gaining momentum.

atovar10 Updated 

480 is the last zone where bears will continue to push prices down as we saw this week. If that key zone is taken out you can expect bears to close out and get stopped out and you can expect buyers sitting on the sidelines to join, causing a rally to possibly 540 area. If bears win, bulls will get trapped if 450 is taken out and you can expect a rally down to 422...

atovar10

One of the most important basics I learned about trading trending markets was to go with the trend and only take trades that are bias with the trend, until proven otherwise. It is true that since January we have been in a miniature sellers market, but as of today it has just been that MINIATURE.. Since we all have different strategies, my tells me that this huge...

atovar10

As long as DXY stays strong, I will continue going with the trend.

atovar10

As long as DXY stays strong, I will continue going with the trend.

atovar10

Weekly looks rough for the bulls, part of trading is knowing when to step in and when to step out of the market in the given conditions. The best strategy as anyone can see was hodl all last year for all investors, and day traders. The thing is that strategies have to adapt to changing markets and this year I don't know if we will have another full on bull run...

atovar10 Updated 

This is one of my favorite strategies to trade when it presents itself.. as you can see we have people buying the dip and people selling the bounce, lot of indecision. In times like these I like to see what the big players are doing and like zooming out.. Overall we are in a buyers market but miniature sellers at 9600 where it couldn't go past it. So this money...

atovar10 Updated 

Looks like too many tried to short at the bottom and we got a huge squeeze + buyers that were waiting for a break of 7.5.. looking at the daily we have not broken anything and downtrend is still intact. 6.6 proved to be a strong support and for now 7.9/8K is our strong resistance. People are going to be waiting to long anywhere from 7.4-7.6K and others will be...

atovar10 Updated 

This is the spot where if it breaks either S/R we can see the next move.. Theres also a possibility that it ranges in this area. Fundamentals are not my strengths so I may lack some bias as to where it could go thats why I am just going to let the market tell me if I should turn bear or bull. Risk reward is there for the next move.

atovar10

Weekly TF looks amazing.. after many weeks of consolidating it looks ready to start making moves upward. It finally broke out of a smaller timeframe sideways channel and bulls are looking strong. I'm looking to be long for a good time with this one.. but few levels to look out are at 18 and 20.. once those are broken we are looking at a nice reversal.

atovar10

90.52 to 90.30 area saw bear momentum take the dollar down, but ever since its been coming back up to retest broken support. We are currently seeing bollinger bands narrow down and likely a move will happen soon. Price action tells me that we are still in a bear trend and we would have to be careful if thinking about buying with the landmines around 90.30 and...

atovar10

90.52 to 90.30 area saw bear momentum take the dollar down, but ever since its been coming back up to retest broken support. We are currently seeing bollinger bands narrow down and likely a move will happen soon. Price action tells me that we are still in a bear trend and we would have to be careful if thinking about buying with the landmines around 90.30 and...