pbmalla77

pbmalla77

Absorption: Notice the bull candle with high volume ( buyers) but its struggling to run price higher. Most likely the sellers are overwhelming the buyers. If price breaks and closes below 0.90986 ( previous year high- possible resistance) i will be looking to go short.

pbmalla77

I will let the chart depict itself.

pbmalla77 Updated 

I will let the chart depict itself.

pbmalla77

Key components to formulate bearish bias Order flow bearish Support/resistance Good luck! Always do your own research.

pbmalla77

" Buying opportunity" Where is the money ( Protective stops resting)? I suspect the market will move lower to run stops on weak longs @ 0.24653 level. I want to see a price rejection after stops have been triggered. As bullish momentum builds, i will hunt for bullish price patterns to get in for a buy. Good luck. Always do you own due diligence.

pbmalla77 Updated 

I will let the chart depict itself. Good luck.

pbmalla77 Updated 

I suspect gold is likely to move higher into 1486.50 - 1563.00 level. I want to see price move lower run stops on weak longs into the support @ 1366.00 level. I want to see a rejection at this level and more buyers piling in moving price higher. I will hunt for bullish setups for a buy.

pbmalla77

Setup based on if the USDX is posed to move higher. 3 ways to get long 1. Wait for price to reach 0.98890 level for a buy 2. Price continues to move lower wait until price hits 0.98535 level( Previous low) for a buy. 3. Price continues to move even lower, wait for a stop run into daily low @ 0.98355 level . I want to see a rejection at this level for a buy. ...

pbmalla77

Setup is based on if the USDX is posed to move higher, then the Euro should be moving lower.

pbmalla77

Refer to chart posted on may 4th long bias.

05:21

pbmalla77

Potential short set up. Good luck

pbmalla77

Wait for price to retrace back into 75.065 level for a sell. Good luck

pbmalla77 Updated 

I want to see price move lower, run stops @ 0.65668 into the kill zone for a buy (0.65530). The term kill zone was used by my mentor. It stuck with me so i borrow it. Good luck!

03:08

pbmalla77

My thought process and how i view the market and where price is most likely to reach .

02:01

pbmalla77

Good luck!

pbmalla77 Updated 

I will let the chart depict itself and post charts on 4 or 1 hour chart as setup emerge! Blue box: Dynamic support and resistance MH/ML : Mitigation block ( Big money dealing range) R:R : Profit target range ( Impulsive move- distance from open to close or vice versa). I look for continuation of 3 standard deviation. Example: R:R 1= 1 Standard deviation.

pbmalla77 Updated 

Market can run higher with no pull backs. Ideally, I want to see market move lower run stops at obvious support ( clusters of stops and pending limit orders resting :4905) into the blue box. I will hunt for bullish chart patterns for long setup. Market can move lower find support at 4905 level and move higher. For this scenario, i want to see a rejection ( spends...

pbmalla77

Criteria: 1. Recent High time frame swing raid ( March 24) 2. Breakout of accumulation ( volume high) Long: 82.125 Stop: 81.720 Target 1: 82.488 Target 2: 83.223 Target 3: 83.988 I look for trending setups to get long and add position up to target 3 or range high. This is how i view the market. Always do your own research. Good luck everyone.