So we have a rather tall Asian range ...not particularly excited or expecting a solid break and reversal early london, might not happen until NY even. But then the levels I'm interested in above and below are the lines. Wait for break out of the range and then a reversal (M or W) at the level and then decide/find entries and execute. Big picture this is just...
We hit some good levels yesterday, setting us up for what could be a good directional move I see a not too shaby Asian range, I'll like to see a break to the low and catch a W of yesterdays lows (low of this week) or last weeks lows and then ride the beast up Updates to follow ...leave me comment to let me know your thoughts if any. Happy and safe trading
So today's play is shaping up, we have an Asian range Currently rejecting a key level just at the top of the range and I'm expecting a breakout to the low to stop hunt yesterdays lows and form a higher time frame W second leg I'll be looking for a clean and complete W in London to get into a BUY ...updates to follow (feel free to comment)
So we had a clear W last week and feasted on the buys Technical in an uptrend move with the first V coming With a tall Asian range which I'm not excited about, we could see a break to the upside and get an M at last week's high The play will be to sell back into the Asian range (if we get an M at High of last week during London, else buy the W at the lows)...
Play is simple ...Mid Week Reversal anticipated at zone Break of previous structure low and trend channel inducing sellers and stop hunting buyers Look for entries ...multiple will likely come before and during NY ...milk the markets and don't let no losses run; tight stops!
So inside a single day what I look for is Asian Range Wait for a break out of the Asian Range and get a clear 5/15min W or M within first 1hr -1hr 30min of London opening (at a level - low/high of previous day or week or H4 level) The break OUT of the Asian Range could be 10-40pips even 50pips ...but I'm interested in the reversal which will surely go back to...
Nice Asian range. Wait for break out to either of our killzones and then WAIT for M or W then feast!!!
Look left... nice trap zone. We have had rally up out of the A. Range and now anticipate an M for a sell. ECB President speach to keep in mind!
Moves towards the low of yesterday could potentially get into our killzone. Wait for clear W and then BUY all the way back into the range (Take note of that 4h trendline) and above till NY M
Spikes above the A. Range at start of EU gave us a nice SELL. Targets bottom of range and next possible reversal level (W for London/NY)
So we have a cler Asian range, we waiting for a break most likely to the down and down into our kill zone for a nice buy sometime inside London. Will be back NY for another breakdown
Buy Potential Setup likely as mid-week reversal W on Wed/Thursday 4h Kill zone identified wait for W with preferably a stop hunt low.
See Markups for potential zones and entries. Break below and retest of that trendline will give us a short opportunity. Quick meltdown and a W at our kill zone will give us a BUY opportunity and potential MID-WEEK Reversal trade. Spike up, rejection of trendline and a rise up to our kill zone with stop hunts high and a clear M will give us a decent SELL and we...
So we have the previous week's low just above and likely to be tested today. We have a posible asian range with the market already abve showing a potential M so that may playout but more likely induce more sellers before rallying upwards. 3 kill zones have beenmapped out and so we want to see price tell us the same stories we have told on the live session and...
Watch for M either here at Previous day high. Preferred setup is further up at last weeks high (so a Stop hunt up of yesterday's high). Wait for kill zone or clear M to sell.
Asian Range broken, wait for M at kill zone then SELL down to range and below the range.
Early SELL off. Expecting Rise from here to induce BUYers and then the midweek SELL off
Potential SELL zone on GU during NY Session. Wednesday 3/4/2019