Just analyzing last nights drop. Bos on 45m - 3h TF. Highlighted zone at 1513 is where sellers seem to be waiting. Its a pending with managed risk and a great RR ratio. Obviously a swing trade, but we will partial before market close and move our stops to b/e or close full. Fully depends on the way the market plays out by 2-3p. Other than that lets have a great...
Overshoot @1.88100 resistance up to @1.88400 over London session. right before our NY session, we had a rejection back under @1.88100 resistance on the 1H chart. I followed popular bias and shorted. 2 entries @1.88150. 30min prior support now turned resistance. Confirmed by the hourly chart. Currently up +25 pips. we've been waiting for sellers to take over...
Shorted at 4H LH, after 1m bos, retest, entered close to 5m LH. Couldve gotten a better entry above 5m LH, but we'll try next time. I'm a poet n i didnt even know it. partials when achieved a 1:3 RR. Stops rolled to b/e. up +30 pips on the day. I'll show my EU and GA trades shortly... The importance here is ATM (active trade management). Secure the bag n your...
SELL THAT BIH 100% retracement.. bearish breakout filled @98 watch it bleed. free game.
What my eyes see is an overextended dollar value. Being inflated to reach 100.00 in value before buyers pull out and we have a massive shortage due to sellers over powering buyers. Obviously this is my bias. But technicals and fundamentals support this idea. As well as an impressive RR ratio. Love to see how it plays out. Now to play the waiting game...
Daily shows a strong bearish engulfing candle after meeting with our weekly LH last night. This is a great trade because our timeframes higher timeframes are lined up (market eclipse) which means Weekly support what monthly is showing us. And Daily supports what weekly is showing us. And 4h supports what daily is showing us. Reasons for entry: Honestly speaking...
GOLD has maintained its 4h/D support up to now which shows an obvious buyer presence. A prime example of resistance becoming support. Reason for entry: 15 min break of structure, and again resistance becoming support (indicated by the purple line) 5 min double bottom, which we are watching patiently to see if this trade can blossom into a 4h bullish...
Counter trend, at the moment... Who are you betting on? Bears or Bulls? -Jose Daniel
BUY-HI / SELL-LO You already know what the fuck going on. I aint explaining shit. Dont need to. I just wanna see the before and after lol. Hope you guys have a great trading week! Much love, D
Price just made its way into a previous monthly resistance that could hold as support for a little longer. We definitely had some buyers waiting there in the previous months showing the strength of this level. (ORANGE LINE) 1.12150 is our support which has been holding back that bearish momentum. There's also a break of structure on 4h at this level. Reinforcing...
A good trading opportunity near monthly support targeting our Daily LH for a longterm tp of 1.72. TP 1 targeting our channel high We are riding alongside bullish momentum. Within this bullish channel, we are jumping in at previous 4h resistance. Daily closed above previous open which reinforces my bullish bias. At the time of publication, we have had a...
CBD (Chart Break Down) A lot of textbook moves throughout this week. If you missed out this week, don't worry. Next week looks promising. First the Fundamentals We all know Trump is pushing for a weaker dollar. He has spoken openly about his intentions with the dollar before he was elected. Which is why we had sharp bullish movement Thursday & Friday. All...
We’ve reached a critical point with EU this week. Clearly reaching a credible retest for the weekly bearish engulfing after tapping 38.2 (weekly fib). EU has been down trending ever since we broke out of the daily range @1.222. Daily is creating higher highs, 4h is looking bullish. The decision boils down to the trendline (break or respect). If we break this...
Expecting a large gap at market open due to geopolitical meetings that occurred during the weekend. Cryptos dropped in favor of the dollar. Due to the climate of the news, have a dynamic bias. Be open to Long and Short opportunities as they present themselves. Technical analysis shows weekly morning star fomation and 4h bullish engulfing. Expecting pull backs at...
Weekly and monthly timeframes have bullish variations that touched the 88.6% prz and reversed. 1HR and 4HR created a higher high and broke the .65/.64 range. I believe we have cleared the lowest low for cryptos and are now on an uptrend with more stable data and great reports for USD this past week. This trade has 5 confirmations in the 1H chart alone. Looking...
UJ formed an engulfing bearish formation on a key level 111.000. 4H created an evening star. Daily is forming a kangaroo tail on a key resistance level. 1H MA's crossed. Next week's bearish trend has formed. CLOSE all long positions at 38.2% PRZ. Short at minimum 38.2% PRZ with 3% risk. 10% risk at 78.6% PRZ.
UJ is has just broke the 106.815 MPZ (Major Prize Zone) after displaying 2 bullish candle formations on the daily chart. Long term TP is @ 108.300 based on a 168% projection off of the PRZ (Prize Reversal Zone) UJ looks like it will remain bullish throughout this week as it takes on a bullish popular trend.
DOCUMENT DOCUMENT DOCUMENT!!! It's very important to document wins and losses. Not only are you able to spot mistakes but you also build confidence in your trading (the difference of winning thousands and losing thousands). Use Trading View's snapshot button to get a link or simply save the image. Save to a file in your computer (check on this folder frequently)....