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Momentumstrategy

Correcting the News. Back to 1.07922? 🐻Check Description for Value ⬇️. Anyways, Looking for lower prices here. Where we have a move created by news which is corrected in the next few trading sessions down right almost to where it began. Simple trade idea. I've studied this is in the past. I have multiple screenshots in a library that documents this exact move. Doesn't matter what the news is necessarily. What matters for the most part is the market structure after price spikes. What kind of market structure can we observe after we spike? In the succeeding sessions after the news, what is price doing?
Short
by ShrewdCatfx
1
Favoring sells But sitting on Sidelines. Interest Rates⛔-->->EU I like the Risk to reward to the downside. However, and similar to Feb 1st Announcement, we could rip upwards to the Moon similar to first landing on the moon. We'll See what happens as we sit on the sidelines. Beware of position sizing during intraday scalping 1Hr after announcement. Which I have found typically to be the best time to trade surrounding news trading. Price is currently sitting underneath our 1.08 Daily zone. If we decide to move up our next target will be 1.08539 Daily Level. Other than that we have rather clean traffic heading up on the 4hr. If the market determines that pessimism is strong enough, we will respect our daily level here at 1.08, and leave a wick of liquidity catching breakout traders to the downside. Going down, I can observe us reaching 1.074 Daily level relatively easy once again. Anticpating crazy volatility here. Those are expecatations but we could be disappointed. Manage expectations. Safe trading.
Short
by ShrewdCatfx
Price keeps pushing up. Following MomentumThis looks like a very healthy uptrend on Lower timeframes. Printing a high and consequently pulling back, to breathe, before pushing up once more. Although and given the fact that we are still in a range on the daily and have been now for quite some time. The wicks on the few previous weekly candles have caught my eye after we failed to break below 1.0548 Last week. Holding a trade over the weekend was a good trading idea. Something I don't do too often. The momentum as the weekly candle pulled back on Friday of last week was very intriguing. Today, The 6am 4Hr Candle was a catalyst for a contiuation in buys. Something I called out in real time on my previous publishing. I updated the idea minutes before the 6am candle closed. Thanks for reading this far.
Long
by ShrewdCatfx
Looking towards next daily zone 1.08 before Sellers 🏳️Wicks Don't Lie. Momentum Doesn't Lie. Looking for Higher prices. The Reasons Why. 1. Weekly/Daily is Bullish 2. 4hr Closed solid bullish 3. We wait for healthy pullback to a 4hr level 4. 4Hr zones get respected frequently 5. End of Last week Weekly Candle Pulled Back hard and so far this week we have seen a confirmation of that momentum. There is alot of fear and pessimism. It is more important to follow price instead of imposing what we believe will happen onto the market.
Long
by ShrewdCatfx
3
Alot of evidence to be Fearful. [ 1.05479 ] 🔊With price action evidence showing us of great sell pressure on risk assets. With Evidence of a renewed bullish strength on safe haven assets.. With evidence of institutions exhibiting bouts of worry and uncertainty. When the Enemy flinches, you have already won the battle. I like buying safe haven assets during this time of higher than average inflation. The Financial system showing signs of weakness. Everyone doubting crypto. Countries and Groups releasing plans of creating a digital currency. Creating their own currency. I struggle to be optimistic on the economy. GDP and production seeing sacrificed at the alter , firsthand. Anyways enough said, looking lower here.
Short
by ShrewdCatfx
2
EURUSDEURUSD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
Failed Copy and Pasta (Sorry)In my previous Idea it looked like we were going to get a copy and paste of the previous move up (thumbs up). But, today the move up failed. Now, we've lost the volume based momentum, and the 13 EMA is acting as resistance. We need to regain the 13 EMA fast; but, it's been failing for 3 days now, and I fear the bears are in control. Onchain inflows peaked today too. Just no good news Technically speaking. We're at the end of the month and profit taking may just be too much for the bulls to handle. Another daily close below the 13 EMA and watch out, it could get bloody in early March. Stop Losses are a must.
BITSTAMP:BTCUSDShort
by Crypto_Moses
1
EURUSD Analysis + Recent Volatility EXPLAINED (Description) I have a Bearish Bias on this Pair. Trading Structure and momentum on this Channel. Check first Chart in Description to See what I'm looking at. Also, Included in the Description are two charts from Days Feb 1st ( Interest Rated Decision) and Feb 7th ( Fed Powell Speech ) These Charts , when compared and contrasted , are not much different. Actually they are quite the same. After news create initial volatility, Price is corrected nearly to the same price in which it begun shortly after, it may take 1-2 trading sessions or it could take only 1-2 hours. All relative.
Short
by ShrewdCatfx