March 2019 Total Trades: 0 Win: 0 Loss: 0 PnL: 0%
February 2019 Total Trades: 4 Win: 1 Loss: 3 PnL: +2.16%
What's the PA telling me? - Ranging. What I am waiting? - I am waiting for follow through to the upside or a strong impulse to the downside.
Downtrend What's the PA telling me? - Momentum to the downside is slowing down and it is forming a possible descending channel. What I am waiting? - Strong impulse w/ 40% breakout bar to the upside but also to the downside as it has this DNA.
What's the PA telling me? - Price is in a range and it is showing descending channel towards liquidity zone - possible reversal from here. - Or if Price decided to impulse down and shows commitment - it might continue the big trend downward. What I am waiting? - any commitment to either side by showing a strong impulse, this area and structure is a good place...
What's the PA telling me? - Ranging - No momentum yet What I am waiting? - waiting for strong Impulse on either Major High / Low
What's the PA telling me? Sideways = No momentum What I am waiting? - I am waiting for Strong breakout bar and a good follow-through impulse.
What's the PA telling me? - No Momentum What I am waiting? - waiting for PA to pick up momentum on either side.
What's the PA telling me? - currently on a descending channel. - weakness to the downside. What I am waiting? - Strong impulse to the upside.
What's the PA telling me? - Impulse shows momentum. - Broke the High w/ 40% rule. What I am waiting? - waiting for no-shift in momentum retracement.
What's the PA telling me? - As of now, Price broke the Low w/ wick only, sign of weakness. - PA showing no momentum. What I am Waiting? - Friday and Monday morning, I would prefer to trade after breaking the Major High / Low. - I am waiting for strong breakout bar w/ 40% break - prior PA is HP as it is coming from Large and small Descending Channel. - shows no...
What's the PA telling me? - Impulse shows momentum. - Broke the High w/ 40% rule but ended with huge wick. What I am waiting? - Friday and Monday morning, I would prefer to trade after breaking the Major High / Low.
What is PA Telling me? - price is more likely to range for now after showing an ascending channel followed descending channel - signifies a possible Range Bound. What am I waiting for? - waiting for a break of major high and low. - I am also waiting for a ascending / descending channel to form on either high/low; I think it would be a good setup also on this...
What is PA Telling me? - price is more likely to range for now after seeing a B&R on each side - showing no momentum. What am I waiting for? - waiting for a break of major high and low. - I am also waiting for a ascending / descending channel to form on either high/low; I think it would be a good setup also on this kind of RANGE structure.
January 2019 Total Trades: 2 Win: 1 Loss: 1 PnL: 6.86% 1. What did I observe about this pair this month? - Wick on the breakout candle is not sustainable break unless invalidated by 2-3 follow-through candle that is bullish trend bar. - Be more patient. 40% rule plus validation and invalidation of the move; - categorizing into engineered breakout bar OR legit...
AUD/JPY WHAT IS THE PA TELLING ME? - Price is showing weakness on uptrend, B&R. - no clear direction - might range or reverse. WHAT AM I WAITING FOR? GLS Breakout Bar, Follow-through bars...
WHAT IS THE PA TELLING ME? - Price is showing some weakness by B&R on major highs shows no follow-through. - No clear direction / momentum. WHAT AM I WAITING FOR? - Solid breakout bar. - GLS follow-through bars. - solid close of momentum with range before trend resumption.
EUR/USD WHAT IS THE PA TELLING ME? - the PA is approaching the Liquidity Zone and it is showing some weakness on the "Breakout Bar". - Long direction. WHAT AM I WAITING FOR? - PA creating a range on this area or s strong break from this key zone. - Then I will look for continuation setup.