Trading day. A difficult one. GLOBALPRIME:GER30 The day started. I woke up a bit too early and lay in bed for the next hour and a bit. Rolled over and had a look at the night's notifications. Nothing important. I opened my laptop. This was the first mistake. A laptop with wifi and a trackpad. Suboptimal. I found my login, successfully logged in and adjusted my...
Please view the lower image, TV doesnt allow public 5 min charts. BOM --> LH DT at High of BOM --> No further upside above gap fill Could have been run further, expecting a 1:1 measured move down after the 18th BAR BO, however large Swings at open (300 points) --> Higher Probability of TR after 18th BAR BO.
Selling Audjpy. Were in a long term downtrend with a pullback to an important support. Ive got another sell stop at 84.64 RSI is not important, jsut accidentally had it on my chart.
Trade the range with me. Just seen a reversal candle at the resistance. Expecting this to go up to the designated area!
Price was rejected by the top of the range. Now going short, targeting 70s. Enter with a tight sl, shown on chart.
No clarification needed, check the chart! We enter on breakout!!
As soon as we break the resistance (red) and retest, we enter LONG! Extremely important price level if broken. Set stops at support (green) or half way down.
Coming up to AUDUSD critial level. We are most likely to see resistance --> bounce. We enter long on double bottom formation. If we break, we enter after retest.
Where is EURUSD going? Right now we're in a very strong upwards movement, as the EU released very good numbers. Where is this going? Personally I have a long bias, however a Sell Stop is also in place. Check the chart for more details 👀 What do you think? Let me know!
WE will see the NFP today, showing if the EUR/USD tumble will continue down, or if we currently have a correction upwards. If we break out of the yellow range either way, its a trade in that direction. Im leaning towards a lower EUR/USD, could be wrong however.
Buy! We just found support at an important resistance. We have a strong upwards trend, no looking down!
If we succesfully find support (Close below), then we have a very strong sell signal!
Currently in a bit or a correction phase, if we see resistance its a buy signal!
Retest of local support, followed by retest (or break) of local resistance! Free Fallll
We have a 30min hammer --> Retest of support. Will see new highs.
Critical price that will determine the near tear price.
Bounce off the critical price will lead to retest of local highs. If broken through we will see a retracement, possibly followed by another uptrend. However could go into a range. Buy signal will be valid as soon as we bounce off the zone.
Once we retest and bounce its a strong buy signal!