grantsimon

grantsimon

Price created a HH and was waiting for a RT on previous H and 1st HL with 50 EMA as added support & P.A - good setup for the day !

grantsimon

Description within the chart post ! A+ setup - 38.2% fibonacci RT

grantsimon

Change in market structure and P.A for the buy opportunity - took an L.

grantsimon

Great setup ! 38.2% RT RT towards broken support Bearish engulfing candle Clean MS and P.A

grantsimon

Was patient waiting for this play....almost had 2 weeks without a trade but remained calm and executed accordingly.

grantsimon

GOOD SETUP: Entered on the 15m TF, price was above EMA zone, however 30m candle closed just below...will monitor P.A and BE zone - price reacted On and slightly Above only for 15m - strong bullish momentum candle - going for 2RR

grantsimon

GREAT A+ SETUP: Not the normal setup would take in P.A - always looked for 1st bearish candle if it was a sell but in this case I entered on the 2nd bearish candle - good RR and M.S - price is below and reacting on EMA - creating 30m dynamic R

grantsimon

Great A+ SETUP Price created a L, looked for a RT towards EMA as added dynamic R - decent 4RR & P.A with bearish engulfing candle...Will monitor the trade !

grantsimon

A+ setup with GU Strong support zone between 1.21497-1.21448 ... monitor P.A If 30m candle is an engulf will have to exit and manage loss accordingly... Play wise, price created a low and RT, found EMA R and bearish pinbar by London open indicating downside momentum ! Larger than average RR - 6.8

grantsimon

Great Setup ! Price has downside momentum, retraced towards EMA and good P.A for entering, decent 2RR trade, will monitor trade and priceaction.

grantsimon

Been a slow few weeks with very little plays - 1st trade in around 10 days. Price created a H, retraced towards the EMA and found support, looked like bullish momentum to continue - easy 2.3R.

grantsimon

Long setup - looking at support being respected London Open - anticipated a momentum push - monitoring P.A accordingly.

grantsimon

Was late on this setup and entry was off by 10 pips. Nevertheless great setup - a lot of downward momentum ! Price broke support, RT and found exhaustion - bearish momentum engulfing candle showing sellers strengths. Had to adjust my TP zone but will monitor P.A - already BE on trade.

grantsimon

Looking at LLs and LHs - fairness not a 10/10 P.A entering candle (was not strongest bearish engulf) but stuck to plan, managed risk and will monitor how trade plays out !!

grantsimon

Looking at MS & PA - price RT broken support zone - created a bearish pinbar & had ema as added dynamic R. Going for +3RR

grantsimon

Explanation within chart screenshot: Looking for London downward momentum after DT formed - 2RR

grantsimon

Looking at HTF - in an uptrend, see support is being respected - looking for price to RT current high thats formed in the previous session.

grantsimon

Price created a FAKEOUT - clear resistance level & reversal pattern with clean traffic. Only risked 0.5% as still finding confidence in this new strategy.