USDMXN SHORT ENTRY LEVELS, CURRENT SESSION + 1ST HOURS OF ASIANMore chances for a bearish continuation, what is confirmed by a recent multi time frame price action research, and important level zones
NEXT WEBINAR (LONDON TIME): 18/07/18 10:00 www.youtube.com
How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.
Reviewing the most recent PA 1&2 period patterns we have:
1D Bearish Pattern
1M Bearish Pattern
Knowing the patterns of a higher time frame is very important. Sometimes they can conflict one to another, but it gives us the information of the possible correctional moves, or a start of a new direction, so basically, every time when conflict exists, you must examine a chart whether it is a correctional pattern appearence or a new direction, shall you close the existing trade or open the new one, does it give you a new oportunity or shall you wait, and also rememver, that when the monthly pattern appeared, it means that it is valid till the current month is closed, as by the price action rules, the pattern is clear only at the close of the candle or a bar.
We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1W NR4
Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level R4 19.41747
Option level R3 19.23077
Option level R2 18.86792
Option level R1 18.69158
Option level S1 18.51853
Option level S2 18.18182
Option level S3 17.85714
Option level S4 17.69912
Session (current session only) levels:
r3 18.84249
r2 18.74058
r1 18.63866
p 18.53381
s1 18.43189
s2 18.32704
s3 18.22512
I really hope that sharing of my routine with you, will help you in your trading.
Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.
Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
Marenno
NZDUSD SHORT ENTRY LEVELS, CURRENT SESSION +ASIA 1ST HOURSMore chances for a bearish continuation, what is confirmed by a recent multi time frame price action research, and important level zones
NEXT WEBINAR (LONDON TIME): 18/07/18 10:00 www.youtube.com
How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.
Reviewing the most recent PA 1&2 period patterns we have:
1W Bearish Pattern
1M Bullish Pattern
Knowing the patterns of a higher time frame is very important. Sometimes they can conflict one to another, but it gives us the information of the possible correctional moves, or a start of a new direction, so basically, every time when conflict exists, you must examine a chart whether it is a correctional pattern appearence or a new direction, shall you close the existing trade or open the new one, does it give you a new oportunity or shall you wait, and also rememver, that when the monthly pattern appeared, it means that it is valid till the current month is closed, as by the price action rules, the pattern is clear only at the close of the candle or a bar.
We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1H WR4
1H WR7
4H NR4
1W NR4
1M WR4
1M WR7
Session (current session only) levels:
r3 0.70961
r2 0.70798
r1 0.70634
p 0.70366
s1 0.70202
s2 0.69934
s3 0.69770
I really hope that sharing of my routine with you, will help you in your trading.
Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.
Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
SWA EURUSD analysisDetails on the chart.
Instructions on how to read labels on a graph:
The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period.
To get a deeper understanding of the approach, that can open a new doors for your trading, please contact.
Impulse move (impulse wave), or the move towards the presumed main trend direction (of a period researched), is indicated with “i” followed by the wave number
Each higher step/grade is marked “i” which stands for Impulse + apostrophe after the impulse wave number one for each step higher. e.g.: i1’ - 1st impulse wave 1 step higher, i1’' - 2 steps higher, i1’’’ - 3 steps higher
i1’’ i2’’ i3’’ 2 steps higher
i1’ i2’ i3’ 1 step higher
i1 i2 i3 trading period
‘i1 ‘i2 ‘i3 1 step lower
‘’i1 ‘’i2 ‘’i3 2 steps lower
Each lower step/grade is marked with apostrophe before the i - letter that stands for impulse wave. 'i - 1 step lower, ''i - 2 steps lower, '''i - 3 steps lower
Corrective move is marked with letters, where: a - 1st corrective wave, b - 2nd, etc…
Each higher step/grade is marked with a wave’s letter + apostrophe after the ; e.g.: ‘ - 1 step higher, ‘’- 2 steps, ‘’’ - 3 steps
a’' b’' c’' - 2 steps higher
a' b' c' - 1 step higher
a b c - trading period
‘a ‘b ’c -1 step lower
‘’a ‘’b ‘’c - 2 steps lower
Each lower step/grade marked with apostrophe before the lowercase letter; e.g.: ‘a - 1 step lower, ‘’a - 2 steps lower, ‘’’a - 3 steps lower
This is an author's simplified wave trading approach. It has been created for trading, and if you're interested to "catch a Wave" please feel free to contact.
For traders
Arturs Jermolickis