-Based on the liquidity candle printed prior to the close of the current H4 candle; which closes in a approx 5 minutes, a buy order will very much prevail in the New York session. -Will be placing my stop below the low of the H4 candle at say 1.06180 area and ride the wave up to the next zone. -Price may drop wihin the the next four hours but based on the...
-Another good trade i won that I couldn't publish because the lights were out. -But I do like journaling my trades for revision later and as sources of education for hard working traders around the globe. -Enjoy.
Well, Just a strong bearish candle after a kangaroo tail printed in the zone created. - Seen price struggling to go higher. Thought its a sign that a bearish momentum is starting. -Quite a risky trade as the 4H is closing in a few minutes and is likely to close bullish. Lets see how this trade goes.
-Saturday 04.03.2023 analysis -What does the tape say on the start of march 2023? Remember we will be closing the first quarter of the year this month and technical analysis has been saying that we are in a bulls market. -We have already seen price traverse above the 1.06660 supply zone; reversing at 1.01020 but later dropping down to 1.05300 supply zone. You...
-Here are our next levels to watch during New York and Tokyo later today and early in the morning. -I currently don't see any signal to trade this chart could greatly help in analysis if interested in trading the 2 sessions. -From what I can see we can expect a lot of ranging up until next week Friday when NFP report comes out. - More updades later. Thank you...
-This is how am reading he tape today. I see those four significant levels there with sells being the dominant ones. -Placing my stop at 1.06600 just above the higher liquidity candle below the supply zone. In case buy pressure becomes dominant, i may look for buys with a safe tp at 1.07200 area. -On the other hand, i have my Tp at 1.06200 as my safe Tp but...
-Price has created a support at a key zone here. -Placing my stop loss a few pips below the bullish candle and riding this pair up to the next level at 1.06660 area maybe. -Enjoy.
Just witnessed a bullish Kangaroo tail. -Never been better. Our bullish call is here. -Enjoy.
-Price just hit a key supply zone and printed a strong bearish candle on the 30M. Probably a sign of unwillingness to continue the uptrend now. -Placing a stop loss above the zone; Looking to ride the pair down once more. -Let's see how this one goes.
-What's up guys, -From experience you may have noticed that the volaility of EURUSD usually dies out past NY open. -We have seen quite a sharp drop in the EURUSD gains from the London session diminish in the NY session. -I believe EURUSD could gain during the Tokyo session as a medium to gain liquidity to short the pair tomorrow in the London session. -That is...
Simple scalp. -Trade taken on basis of break and retest. From the pattern price is forming, it could have found a little liquidity there before a further push up. -i see price rise a few pips up; maybe to gain liquidity before we can witness a further push down. -Let's see how the trade goes.
In my opinion, price is in a really tricky situation after yesterday's bullish close. But am counting on the small bearish candle to hold since price has reached quite a resistance as per the downward trendline drawn. -Taking a sell trade would be lucrative as the trend is still bearish; and with a low TP. -Let's see how it goes
-See the liquidity candle formed? -A good sell signal to take i believe. Signifies a continuation sin of the trade; especially if it prints as an exhaustion candle in the direction of the trend.
No much here. -just a simple idea i saw. -15 pips on the table; Or maybe even more since Eurusd seems to be shorting with the formation of lower lows and lower highs.
-Ok. Last bullish call might have hit stop loss only to bounce off the most obvious price. -Let's see how this one goes. -Will be trying to place stop loss below the previous low for buy signals and above the high of the last high for the next couple of trades to avoid unnecessary losses.
-Eurusd prining a bullish kangaroo tailat the strong 1.06450 area is a good indicator to buy this pair. -Price could fly to the 1.07500 areas but if my sentiments are true, am looking to take profit at 1.06950 area first -Placing my stop loss a few pips below 1.06300. Lets see how it goes.
-I have this idea here. -You can see price forming higher highs; which means there is a high likelihood that we could see price move up to the next upper zone. -A buy at 1.06500ish with a stop loss at 1.06400ish aiming tp at 1.07000 isnt that bad. 1:2 risk reward ratio. Something nice to look at.
Do we have a liquidity candle here? -What do we see? A bullish candle with the body on the lower half of the candle. -A sign of exhaustion and more downward pressure? -I could take a sell here and place my stop a few pips above the high of the liquidity candle. -Let's see how my trade goes.