On the Daily chart (right panel) you can see the wedge GBPAUD has been respecting until Tuesday when a large sell of caused it to close outside. After a flush down on AUD news Wednesday, it saw strong buying pressure which looks to be resuming today after a drop early London. I'm now starting to look at the 30m range from 1.9060 to 1.9320 as the way to play...
you can't see anything here on the 15m chart. but when you lower your time frame you start to see something, that something could be useful for your trade.
10/2/23: Sell Setup: I was looking for a continuation set up on SPX. TK/SY session set a small range that held London but was taken out in the premarket session. This left a 1H/15m-FVG set up with a -OB on the 1H. Price trades into the 15m-FVG (L) and pushed down and failed to make a new low followed by EQLs being set in NY open session. Once the EQLs were...
Basic idea of trading a trend and keeping the daily range in mind when trading.
CME_MINI:NQU2022 - PR High: 11558.75 - PR Low: 11520.75 - NZ Spread: 85.0 Evening Stats (As of 12:00 AM) - Weekend Gap: = -0.74% (last week - not filled) - Session Open ATR: 414.45 - Volume: 40k - Open Int: 243k - Trend Grade: Bear - From ATH: -31.75% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 12390 - Mid: 11820 - Short: 10680 Keep...
CME_MINI:NQU2022 - PR High: 11580.50 - PR Low: 11555.50 - NZ Spread: 56.0 Evening Stats (As of 12:30 AM) - Weekend Gap: = -0.74% (last week - not filled) - Session Open ATR: 414.59 - Volume: 31k - Open Int: 236k - Trend Grade: Bear - From ATH: -31.75% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 12390 - Mid: 11820 - Short: 10680 Keep...
CME_MINI:NQM2022 - PR High: 12614.50 - PR Low: 12577.75 - NZ Spread: 82.25 Evening Stats (As of 11:50 PM) - Weekend Gap: = N/A - Session Open ATR: 419.94 - Volume: 33k - Open Int: 258k - Trend Grade: Bear - From ATH: -25.25% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14105 - Mid: 12960 - Short: 11480 Keep in mind this is not...
no real progress on the daily time frame over the last few weeks on EURUSD. But knowing true swing highs and internal swings could make a difference here.
DAILY BAR TRADE This Trade Is Basad On The Daily Bar Bias In Thus Case / Asian - London - NY Trade For More Info On This Type Of Trade Look At
2020's bullish run into 2021 has most defintely surprised us all, but is it time for a potential reversal once we've exhausted the 150. level? - I'm personally bearish once liquidity has been snatched between 150-150,500 where retail stops will be on last week's short sellers. -A very interesting week or two coming for this pair I feel, has the mood changed?...
Refer the main plan here : I've marked the daily pivot level which I will be waiting for the bearish reaction if the price reaches there. The bearish reaction is either a) Bearish Engulfing Candle b) Dark Cloud Cover anything few pips above or below the daily pivot. The target would be the weekly range low. If you like the trading plan, give me a follow and...
Step #1: Wait until you can spot a bar that has its daily range smaller than the previous three days The first rule requires you to have the patience until the Nr4 pattern develops on the Dogecoin chart. When we have a daily trading range that is narrowed than the previous trading ranges it means that the price is contracting. Based on our backtesting results we...
On the daily range price is being respected and we can expect it to reach the top of the range. H4 - Bullish divergence followed by bullish convergence, we can expect a correction to happen now. We can then look for buys, expecting the price to reach the top of the range.