pbmalla77

pbmalla77 Updated 

Short term long!

pbmalla77

Idea for next week. Bias long

pbmalla77

Notice the resistance at top of green box 0.94067 (Fair market value) and support & Resistance at Equilibrium 0.93457. Wait for price to retrace back into green box and hunt for bullish Price action for long. Allow the price to move upto Equilibrium. If price breaks below the equilibrium and closes, strategy no longer valid. Long @ 0.94067 or 0.93457. Target 0.96400

pbmalla77 Updated 

Price has moved higher above the 1.23553 level. Also notice the parabolic move at 1.23553 level. It neutralized the short term shorts and heavy buying at this level. If i am correct price should move back into 1.23553 and hunt for PA to go long.

pbmalla77 Updated 

Price moves higher to 106.090 level for sell Price moves higher above the intermediate swing to 106.672 for sell

pbmalla77

Wait for price to move higher into green box weekly open for sell.

pbmalla77

Wait for price move higher break above the monthly open and wait for price to retrace back for buy. Price breaks below the green box , wait for price to retrace back for sell

pbmalla77

Wait for price to retrace @ 0.72464 for buy. Price breaks below and closes the green box, wait for price to retrace into green box for sell.

pbmalla77

Wait for Price to move lower to 1.26260 level for buy. Price breaks below the green box, wait for price to retrace back for a sell

pbmalla77 Updated 

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pbmalla77 Updated 

Wait for price to move lower into 1.20891 level and look for bullish PA to get long. Keep a close eye on the dollar.

pbmalla77 Updated 

The dollar moving higher. If i am correct its reaching for 91.82 level to fill the inefficient move. I want to see the price move lower to 90.24 level and and look for bullish PA to get long ( foreign currencies short) , if price moves lower and closes below the 89.50 level. I will wait for price to retrace back to 89.50 for sell.( foreign currencies long)

pbmalla77

Wait for price to move lower into 1.36133 level and look for bullish PA to go long. Keep a close eye on the dollar!

pbmalla77

I would like to see the market move below the PMEQ level and a rejection following a sharp move higher. If i am reading the market right, i will watch Bullish PA to get long. I will add another position if price goes higher break 1.40708 level and dips back into it. If Price does fail and go lower and close below the green box then i will wait.

pbmalla77 Updated 

I would like to see price break below PMEQ and sharp move above and observe PA at Lower time frame to get long.

pbmalla77 Updated 

Two ways to get short. US dollar is the BAROMETER. 1. I would like to see aggressive price move higher & stop run recent high ( red line) into green box. 2. If price moves higher and clears the previous swing (x) into 1.08284 .

pbmalla77

Price has moved into green box. I had a buy limit order@ 1.39041 and SL @ 1.38555. If price moves above the 1.40708 level. I will wait for price to dip back into 1.40708 for buy and scale off position at target points .( Previous swing lower highs)

pbmalla77

Price has dipped down into the buy zone. I would like to see price move lower and stop raid intraday swing into 1.23519 level for a buy. If price moves higher and blows pass the 1.24272 level. I will wait for price to dip back into 1.24272 level for a buy.