NZD/CAD, AUD/NZD, GBP/JPY and EUR/GBP on watch for me today.NZD/CAD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above our upper rayline, then once again regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
AUD/NZD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to and ideally just below our lower rayline and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes down impulsively to and ideally just below our lower rayline, then I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking to get long with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
GBP/JPY:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above our upper rayline, then once again regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
EUR/GBP:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to give us a confirmed second top and then it pushes back down and then last part of the move is corrective I'll be looking to get long with a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes down impulsively to and ideally just below our lower rayline, then I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking to get long with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
Gann
NZD/JPY, GBP/JPY, NZD/CAD and AUD/NZD on watch for me today.NZD/JPY:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our rayline and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
GBP/JPY:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes up impulsively to and ideally just above our upper outer structure trend line, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag.
• If there's any ambiguity then I will not place any of these trades.
NZD/CAD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price gives us our first tight flag, then I'll be looking for a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
AUD/NZD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to and ideally just below our rayline and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes down impulsively to and ideally just below our rayline, then I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking to get long with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
NZD/JPY, NZD/CAD and GBP/USD on watch for me today.NZD/JPY:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price impulses down below our upper trend line and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
NZD/CAD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
GBP/USD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to give us a confirmed second bottom and then it pushes up to give us a confirmed second top then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
NZD/JPY, NZD/CAD and NZD/USD on watch for me today.NZD/JPY:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price impulses down below our upper trend line and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
NZD/CAD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
NZD/USD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price impulses down below our mini upper rayline and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
NZD/USD, GBP/JPY and EUR/USD on watch for me today.NZD/USD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing push back down below our lower rayline followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
GBP/JPY:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to and ideally just below our lower outer structure trend line and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes down impulsively to and ideally just below our lower outer structure trend line, then I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking to get long with a reduced risk entry on the break of the flag.
• If price only pushes down to our ever so slightly descending trendline come rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking to get long with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
EUR/USD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper outer structure trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes up impulsively to and ideally just above our upper outer structure trend line, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
NZD/USD and USD/CAD on watch for me today.NZD/USD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our mini rayline, it then impulses back down and a subsequent tight flag forms, then I'll be looking to get short on the break of the flag so long as all of the flag forms below the lower trend line of our most recent piece of structure.
• If price simply drop out of structure impulsively as illustrated, then I'll also look to get short on the break of a subsequent tight so long as all of the flag forms below the start of the correction of our most recent piece of structure.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/CAD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to and ideally just below our rayline, it then impulses back up and a subsequent tight flag forms, then I'll be looking to get long on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/JPY and NZD/USD on watch for me today.USD/JPY:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price impulses back up above our lower trend line and a tight flag follows then I'll be looking to get long on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
NZD/USD:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for an impulse back down below our upper trend line and a flag and then I'll be looking to get short on the break of the flag.
• If price doesn't reach our upper rayline then I'll simply be looking for a convincing impulse back down below our upper trend line and a flag where I'll once again be looking to get short on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
EUR/USD, USD/JPY and NZD/USD on watch for me today.EUR/USD:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price pushes down to our lower outer structure trend line and the last part of the move was corrective, then I'll be looking to get long with a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes down impulsively to our lower outer structure trend line, then I'll be looking for a convincing impulse back up followed by a tight flag and then I'll be looking to get long on the break of the flag.
• If price only pushes down to our rayline, then regardless of how it does so I'll again be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/JPY:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price pushes down to our lower outer structure trend line and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes down impulsively to our lower outer structure trend line, then I'll be looking for a convincing impulse back up above our rayline followed by a tight flag and then I'll be looking to get long on the break of the flag.
• If price only pushes down to our rayline then regardless of how it does so I'd again be waiting for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
NZD/USD:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
NZD/USD, USD/CHF and AUD/JPY on watch for me today.NZD/USD:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down below our upper rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above our upper rayline, then once again regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/CHF:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above our rayline, then once again regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
AUD/JPY:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price pushes down to and ideally just below our lower trend line, then regardless of how it does so I'll be waiting for a convincing push back up above our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes down to and ideally just below our lower rayline, then once again regardless of how it does so I'll be waiting for a convincing push back up above our lower rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
EUR/USD, USD/JPY, AUD/JPY and NZD/USD on watch for me today.EUR/USD:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if I was then I'd be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart if price pushed down to our lower outer structure trend line and the last part of the move was corrective.
• If price pushed down impulsively to our lower outer structure trend line then I'd be looking for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
• If price only pushed down to our rayline then regardless of how it did so I'd again be waiting for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
USD/JPY
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if I was then I'd be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart if price pushed down to our lower outer structure trend line and the last part of the move was corrective.
• If price pushed down impulsively to our lower outer structure trend line then I'd be looking for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
• If price only pushed down to our rayline then regardless of how it did so I'd again be waiting for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
AUD/JPY:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if I was then I'd be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart if price pushed down to our lower outer structure trend line and the last part of the move was corrective.
• If price pushed down impulsively to our lower outer structure trend line then I'd be looking for a convincing impulse back up above our rayline followed by a tight flag and then I'd be looking to get long on the break of the flag.
• If price only pushed down to our rayline then regardless of how it did so I'd again be waiting for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
NZD/USD:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if I was then I'd be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart if price pushed up to our upper trend line and the last part of the move was corrective.
• If price pushed up impulsively to our upper trend line then I'd be looking for a convincing impulse back down below our rayline followed by a tight flag and then I'd be looking to get short on the break of the flag.
• If price only pushed up to our rayline then regardless of how it did so I'd again be waiting for a convincing impulse back down followed by a tight flag and then I'd be looking to get short on the break of the flag.
EUR/USD, USD/JPY and AUD/JPY on watch for me today.EUR/USD:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if I was then I'd be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart if price pushed down to our lower outer structure trend line and the last part of the move was corrective.
• If price pushed down impulsively to our lower outer structure trend line then I'd be looking for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
• If price only pushed down to our rayline then regardless of how it did so I'd again be waiting for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
USD/JPY:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if I was then I'd be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart if price pushed down to our lower outer structure trend line and the last part of the move was corrective.
• If price pushed down impulsively to our lower outer structure trend line then I'd be looking for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
• If price only pushed down to our rayline then regardless of how it did so I'd again be waiting for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
AUD/JPY:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if I was then I'd be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart if price pushed down to our lower outer structure trend line and the last part of the move was corrective.
• If price pushed down impulsively to our lower outer structure trend line then I'd be looking for a convincing impulse back up above our rayline followed by a tight flag and then I'd be looking to get long on the break of the flag.
• If price only pushed down to our rayline then regardless of how it did so I'd again be waiting for a convincing impulse back up followed by a tight flag and then I'd be looking to get long on the break of the flag.
EUR/USD and USD/JPY on watch for me today.EUR/USD:
• If price pushes down to and ideally just below our lower outer structure trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price only pushes down to our rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes down to our rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss below it as illustrated for extra protection.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/JPY:
• If price pushes down to and ideally just below our lower outer structure trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price only pushes down to our rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/JPY and GBP/JPY on watch for me today.USD/JPY:
• If price pushes down to and ideally just below our lower outer structure trend line and the last part of the move is corrective, then I'll be looking for a reduced risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price only pushes down to our rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our upper rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
NZD/USD, GBP/JPY, USD/CAD and USD/JPY on watch for me today.NZD/USD:
• If price impulses pushes back down below our lower rayline and a subsequent tight flag forms, then I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
GBP/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our upper rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/CAD:
• If price pushes down to and ideally just below our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes down to our upper rayline, then again regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll again be looking for a reduced risk entry on the break of the flag.
• If price pushes down to just below our lower rayline and this is followed by an impulsive push back up, I'll not be looking for an entry above a subsequent tight flag if the flag forms either through or below our upper rayline.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/JPY:
• If price pushes down to and ideally just below our lower outer structure trend line and the last part of the move is corrective, then I'll be looking for a reduced risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price only pushes down to either our inner structure lower trend line or our rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
NZD/USD, GBP/JPY and USD/CAD on watch for me today.NZD/USD:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our lower rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection.
• If price only pushes up to and ideally just above our upper rayline, then regardless of how price does so I'll be waiting for a convincing push back down below our lower rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline, then once again I'll be hiding my stop loss above the rayline as illustrated for extra protection.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our upper rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/CAD:
• If price pushes down to and ideally just below our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes down to our upper rayline, then again regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll again be looking for a reduced risk entry on the break of the flag.
• If price pushes down to just below our lower rayline and this is followed by an impulsive push back up, I'll not be looking for an entry above a subsequent tight flag if the flag forms either through or below our upper rayline.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
NZD/USD, GBP/JPY and USD/CAD on watch for me today.NZD/USD:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our lower rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection.
• If price only pushes up to and ideally just above our upper rayline, then regardless of how price does so I'll be waiting for a convincing push back down below our lower rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline, then once again I'll be hiding my stop loss above the rayline as illustrated for extra protection.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our upper rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/CAD:
• If price pushes down to and ideally just below our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes down to our upper rayline, then again regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll again be looking for a reduced risk entry on the break of the flag.
• If price pushes down to just below our lower rayline and this is followed by an impulsive push back up, I'll not be looking for an entry above a subsequent tight flag if the flag forms either through or below our upper rayline.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/AUD, EUR/JPY, NZD/JPY, GBP/USD and GBP/JPY on watch today.GBP/AUD:
• If the corrective piece of price action that has just formed develops a little further and in doing so it allows me to draw a trend line both above and below it on either the one hour or the fifteen minute chart, I'll be looking to place an order just below the lower trend line that I subsequently plot.
• If price pushes down below our rayline convincingly and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes down below our rayline convincingly and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline then I'll be using it as protection for my stop loss by hiding my stop loss above it.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
EUR/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
NZD/JPY:
• If price pushes down to and ideally just below our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back up above our lower trend line followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes down to and ideally just below our lower trend line, then once again regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• I'll not be looking for any risk entries after either a corrective third touch of our lower trend line or our lower rayline, because in the former's case price could trickle down to our lower rayline and having my stop loss below it would make my stop loss too wide and in the latter's case I'd potentially be taking a risk entry just below as opposed to above a three touch structure.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/USD:
• If price pushes down below our rayline convincingly and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes down below our rayline convincingly and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline then I'll be using it as protection for my stop loss by hiding my stop loss above it, so long as my stop loss isn't excessively large.
• If price pushes down and then it flags either through or above our rayline then I'll not be looking to place an order on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.