Strategy Summary: This strategy is designed for the M1 and M5 timeframes and has been personally tested, demonstrating strong results. It is a mechanical system with strict rules to ensure discipline and consistency in trading decisions. Whilst I have personally used this system on XAU/USD it can be applied to other volatile asset classes. Indicators Used:...
I’ve been trading for five years now, and it’s been a wild ride! There have been ups and downs, but I’ve finally started to get the hang of the basics that make trading successful. It’s been a lot of hard work - studying, trying things out, and learning from my mistakes. But it’s made me a more focused and disciplined trader. Now, I’m excited to share my ideas and...
This is my analysis on AUD/CAD for educational purposes documenting my thought process with the hope of attaining some feedback on my analysis. Please note the is a counter trend idea targeting the daily swing structure. Higher Time Frame Weekly - Structure on the weekly chart is bearish. Daily - Structure on the daily chart is bearish. Medium...
USD/JPY (H4) Long Monthly: Strong supporting bias January open is higher than December close . Weekly: This weeks Open/Close suggests price may pull back before continuing upwards. Daily: Price is above the 200. H4: Swing Low: 17th December @ 13:00 (A) Swing High: 30th December @ 01:00 (B) Entry Price: 155.616 Stop Loss: 153.161 ...
USD/JPY - Strong bullish movement on HTF with volume imbalance - Swing High/Low identified on H1 timeframe - Possible Pullback and continuation to the weekly swing high - Imbalance on H1 and BoS strongly supports a bullish move around 38.2 / 50 Fibonacci - Generous SL of 70pips targeting 1:1.5 for the first target and 1:2 for the 161.8 level
Testing a strategy so based on recent findings expecting a strong push down before we move up towards tested highs on Gold. Looking for entries in the grey area (key daily zones)
Triangle pattern on the 60 minute chart and approach towards the possible support area of 1.3362 breakout occurred at 1.33865
Possible short on this exotic pair with reasoning highlighted on the chart.
The chart highlights a possible scenario only if price doesn't break and close above the resistance area and should this occur then a possible bullish move.