scottmal89

scottmal89

If this 2H candle can close Bearish, it will have successfully created a zone that i personally trade. Looking for a Pinbar or Bearish Harami for confirmation. If the 2H closes bullish it invalidates the trade so don't be trigger-happy and just wait for the candle closure. I have trade set for a smaller TP but i do see this long-term going down a few-hundred pips.

scottmal89

EU has rejected a major zone for the second time. We should see about 15pips to the downside to retest a lower zone, it is here where we wait and watch price action. If we can have confirmation in either a Pinbar, Bullish Harami, or Engulfing, expect this bad boy to take off to the moon, or at least our atmosphere ;) However, if we break through the lower zone,...

scottmal89

Notice how price is breaking the 2H zone, yet approaching the Red Line (4H S/R Level)? This will entice many traders to come in and short here seeing that heavy resistance. For those that i teach and know my Zone Strategy, we will wait for the break & retest of the zone, then will go Long eating up all the retail stop losses :). As always though, If we see...

scottmal89

AUDUSD is at a pivotal zone. If we can see candle closure below the 2H zone, look for the retest of the zone before shorting, in the form of a pinbar, Bearish Harami or Engulfing. If we close at the zone and see a Bullish Harami form, get ready for liftoff.

scottmal89

We currently have USDCAD breaking a 4H S/R Level and we should see this go another 90 or so up to retest previous resistance. I have charted the 2H Zones it is trading between, feel free to ask me any questions.

19:43

scottmal89

Here's a quick video for new traders on how to spot trends in the market based on my opinion.

06:21

scottmal89

This is a welcome video to Forex Mentor Academy.