I'm correcting errors mid-weekI decided to publish a video about the recent trades taken and the aftermath. I believe that I see structure clearly, however my bias changes depending on the timeframe. I'll be ultimately bearish on Sunday and Monday, then decide I want to be bullish Monday night to trade up to the sell. I understand that counter trend trading is dangerous to the risk: reward portfolio. This video will be watched back 2-3 times by myself as I learn more about the market from "teaching" it. I'll also be posting more videos regarding pre analysis, leading up the decision to take the trade.
Midweekanalysis
EURUSD Bullish Breakout of Elliott TriangleEURUSD found support at 1.1760 and has started to reverse as it broke above a falling wedge, arguably a Elliott triangle of the final Elliott wave.
We will be looking for a buying opportunity as the price has already pulled back to the 61.8 Fib level, and the bottom of a probable rising channel.
Our main target will be somewhere just below 1.1900 where there's strong supply which also lies at the 61.8 Fib level.
CHFJPY price has broken trend line back up to weekly pivot! This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
CADJPY UPDATE!This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
AUDCAD price is showing divergence in our bullish zone! This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
USDCHF Update! This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
EURUSD Will price respect the trend line? This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
EURAUD macro cycle finished and holding price in large quarterPrice has found resistance in a large quarter point and psychological number of 1.625000. As we can see as well, this correlates with a large macro cycle being finished and made a large M formation between last week and this week. Im looking to enter this coming days as midweek reversal and hold for a long term cycle down for a good 500 pips potentially.
Confirmations:
- divergence on TDI on 4h with first leg above band and second band below liquid 50
- macro cycle has finished and holding current price
- price has finished quarter cycle and held position on 1.62500 and has never past it or made a new high
- price made a new higher low but struggles to make a new higher high and consolidates below the high
- AUD pairs seem to be having a bit of consolidation across the board.
Trade Ideas : USDSGD Bearish Sell Zone falls within the Bearish Shark Pattern and let say if head and shoulders form up, the long completed back into the sell zone.
The Hollywood of trading will be short all the way to right shoulder and long it up to Bearish Shark and short it back down again.
Well, I DON'T DO THAT! Tomorrow, 13 Feb 19 we are going live on Facebook at 4.07pm(+8GMT), we will be going through that: www.facebook.com