scofflol

scofflol Updated 

Bulls make money, bears make money. Why do pigs get slaughtered? Bc they're buying high and selling low. There's not a "correct" way to trade markets, but 99% of retail traders are taught to buy and sell breakouts. That is the worst thing you could ever, ever ever do. Always think of buying low and selling high. Why? Bc even if your analysis is off, the market...

scofflol Updated 

Good probability short on the dollar. Supply zone sell off. Wait for the retrace, let price come to you. 1st TP is 1.00 2nd is .995

scofflol Updated 

No trade for me on GJ, as the market is still deciding on which way it wants to go (unless you trade breakouts, why chase price). But may look to buy around 137 and sell 144 short term. I can see us retesting lows again. 4 weekly indecision candles does mean a big move is ahead, and I will probably hold off until we know which way the market is headed. Yuge gaps ahead.

scofflol Updated 

Still very early, but will be watching....

scofflol Updated 

three drives move up completing on lower TF

scofflol Updated 

Potential long, bullish bat, DMZ. Wait for confirmation of D point.

scofflol Updated 

Target 1260 as first TP, then 1300.

scofflol Updated 

EURGBP Head and Shoulder right shoulder almost complete....Waiting for opportunity for short.

scofflol Updated 

Look for DXY to retest the bottom 2016 trendline (fork) over the next month or so. Good opportunity to long opposite pairs in the interim.

scofflol Updated 

Let's see...

scofflol Updated 

Weekly candles look like an uptrend is forming. Look for the trendline to be broken (and eventually retested) for confirmation.

scofflol Updated 

With the dollar sell off today we should hopefully get a nice bounce on NZDUSD to .7130

scofflol Updated 

With gold having recently reached its down side target this week, look for price to potentially form a right shoulder mid week (thought it may go sideways for some time after). 1240-1245 supply zone should see price rejection for initial validation.

scofflol Updated 

Lots of demand at the 50% retracement. Will be watching.

scofflol Updated 

Updated "analysis"

scofflol Updated 

USDJPY forming potential reversal pattern (AB=CD) on the 15 min chart. Price is near 4H supply zone as well. Target red trend line on any short. GL!

scofflol Updated 

Good spot to potentially long. 50% retracement, demand area, pivot point, next higher supply area already hit. First TP 1.4100. Final TP AB=CD. High R/R

scofflol Updated 

Look for price to retest the broken trendline some time next week to potentially long (~113.30). Should line up with around 50% retracement from this week's move up. Need to come back and pick up more buyers. GL!