With such an aggressive bearish move a retracement was imminent.
I've missed the initial move (many a times!) but now, I do not fret; I've learned that it pays to be patient.
There's always an opportunity to participate in the fun, if we just wait... the question is: Are you willing to wait?
I enjoy analysing AUDUSD because of it's clear moves- let's see how...
Looking for an opportunity to SELL GBPJPY.
Pulling the trigger if the right price action presents itself during London Session.
I'm looking for a retest of the previous high.
GBPJPY moved over 250 pips in one day!!! Looking for price to sell. Why? I can see
imbalance in the market and liquidity that they need to come back and pick up.
Also... Not very...
Been studying this pair and more than the money is the satisfaction in seeing gradual improvements in my analysis each day!
Price is at the bottom of a bullish flag, Mac D confirms we can look for a move to the upside.
More fundamentally... no more new lows being created so take I take the trade with proper risk management, so that no matter what happens I am...
LOOKING FOR ONE MORE PUSH DOWN FROM USDCHF BEFORE A BUYING FROM THE BOTTOM.
CONFIRMATION CHECKLIST FOR SELL:
- PRICE RETRACED TO KEY ZONE (YES- .618 FIB LEVEL)
- MAC D SHOWING THAT BUY IS WEAKENING (YES)
- RENKOS ON LOWER TIMEFRAME- BRICK WITH A WICK OR 2 SOLID BRICK (YES)
- PREVIOUS HIGH IS NOT BROKEN FOR A SELL ON M15 TIMEFRAME (YES)
I trade with confidence,...
Price is creating lower highs.
I love studying this pair. Text book set ups. You can really learn a lot with a bit of patience and study time.
Trades for educational purposes only.
You're in control.
You've got this!
I came across this set up while showcasing reversal patterns with new traders.
There are just TOO MANY signs to ignore!
This is the perfect set up in many ways... especially for educational purposes!
Let's see how this plays out!
All trade ideas shared are for educational purposes only.
You've got this!
The 'kiwi' (NZD) is approaching a key fib level on the Daily time frame, is a sell coming?
I enjoy studying this pair because of it's clean (obvious) moves in the market.
With some advice from my friend 'Fibo' I am looking out for signs that price is going to reverse as it approaches that 61.8 fib level.
Signs of reversal to look out for? Why I'm glad that...
I really enjoyed studying this pair.
Looks like a clean (textbook) set up to me....
Couldn't help but noticing that price is creating higher lows on the lower time frames (M15).
While I do not do my analysis on the M15 time frame, I sure do enter into the market from there!
What a great time to be learning more about the moves of the market!
I'm happy to...
I was stalking this pair earlier... In the kindest possible way (lol).
For my own educational purposes I couldn't help but noticing that no new lows were being created.
Oh! And I happened to see divergence on the Mac D.
With that said, less is really more. Less time on the charts, more time spent with family and loved ones.
The only way is up, but for how...
This trade idea is for educational purposes.
My analysis is what I have seen in the market.
Have a look and see if you see the same thing or anything different!
Always use proper risk management!
You've got this!!!
I love a great set up, when it come to you.
With the US DXY strengthening I'm keep an eye out on USD majors for more movement to the upside.
In trading less is really more.
Less exposure to risk means that you have to be really selective about the trades you take.
You've got this!
For educational purposes only:
This year I am leading a solo campaign to bring the fun back into trading, to make trading as stressless as possible.
Well, hello positional trading!
I'm starting with AUDJPY for 2020. This is not the most volatile pair, but hey, steady wins the race!
1. AUDJPY is at a key level, near a weekly trend line.
2. H1 and H4...
Trading 'key zone' to 'key zone' really does take the pressure off of intraday trading.
Come on NZDUSD , let's see what you've got!
Bearish momentum on the M15 makes me inclined to look out for the formation of a reversal pattern. Still, there's a potential for NU to push up to the trendline before selling.
Let see how this plays out.
You've got this!
Knowing when a trade is ready takes a lot of patience.
Sure, it's easier to back test your trades and in hindsight think about what you could have done (But honestly, would you have? No. Me neither.)
I have found that having a set of confirmations that I look for before I enter any trade has really helped me on my journey to consistent profits!
Let's face it,...
After Friday's UK General Election that saw the pound gain strength, I wonder what the market has in store for us this week.
I must admit, my directional bias is looking for sells on GBP pairs. I mean, how much longer can price rise without correcting?
BRING ON THE CORRECTIONS!
With days to go before the Christmas break, I'm looking to get in and get out!...