Marketmakermethod
MMM SHORT CYCLE: EURUSDHey guys!! Been having connection issues like you wouldn't believe! Our analysis is showing us the MMM short cycle is playing out rather nicely. I do believe EU has some room to drop before we can begin to hold a position long. The daily is trending short. We still have a London pattern 2 playing out from today's London session. If you caught this move, manage accordingly as the DXY s currently stalling to break its high.
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
MMM CYCLE LONG: EURUSDHey guys! I hope everyone is having a great weekend! We have a beautiful cycle playing out as expected. The bullish harmonic on the H4 is still in play. Just like I said before, L2 is where we see the most resets. With that being said, it's very possible price may retest the low before heading up. Since we are in L2 it is okay to trade both ways but always be cautious when trading back towards a peak high or low. Be careful trading on Mondays. It may be best to wait until T or W as the market makers are known to trap at the beginning of the week.
Happy Trading & have a great rest of the weekend!
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
Feel free to message or comment with any questions or feedback.
Telegram: @RoyaltyElite
IG: @_iampriceless_
MMM CYCLE LONG: EURUSDHey guys. We finally got some action long. It is possible the come back to the low one more time. But I do see a small H&S pat which is a solid peak. Our H4 bullish harmonic is in play. We will be looking for longs only. No more shorts until we reach L2. Be ready for a possible move near the zone flip.
Happy trading!
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
MMM CYCLE: EURUSDHey guys! We still do not have any official confirmation telling us EU is ready to reverse long. The daily is trending short. However, we do see stacked 3s in L3. This is a good indication that price may be exhausting and getting ready to reverse. We also have a bullish harmonic on the H4 since right near a "00" price point. The DXY appears as though it's also ready to reverse and begin to sell but we do not have official confirmation. If you're going to trade London, be prepared to trade both ways. Keep in mind there will be red folder news for EU at 2 am EST. Remember to always trade EU in line with the DXY.
Feel free to comment or message me if you have questions about EU or the market maker method.
Happy trading!!
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
MMM SHORT CYCLE: EURUSDHey Guys! Right now we see a macro M in L2. Seeing an M/W in L2 is very typical. Keep watch to see if price breaks daily open and continue to keep dropping If you are in this trade, manage accordingly.
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
MMM CYCLE SHORT: EURUSDHey guys! I hope everyone's week is off to a great start! From the way this week has started, it appears as EU had created a macro M and starting a cycle to the downside. We are sitting a zone flip on the daily so there is a possibility there may be some opportunities for short term buys. We do have a bullish harmonic on the H4 and the H1 showing L2 short. Because we are in L2, we have to be ready to trade both ways tomorrow. Rember, we always trade EU in like with the DXY.
Happy trading!
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
MMM CYCLE: EURUSDHey guys!! I hope everyone's week is off to a great start so far. Our EU short cycle is still in play however we do see a possibility for a reset in L2. Be ready to trade both ways during London. There will be a lot of news during NY tomorrow. If you choose to hold trades through the news make sure they are managed. It's my suggestion that no one trades during the news as the market could do whatever it wants. We don't have to chase trades. The market pays us well to be patient. Happy trading.