GBP/JPY, AUD/JPY, GBP/USD and CAD/CHF on watch for me today.GBP/JPY:
• If price pushes up to and ideally just above our upper, higher time frame 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 only pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 higher time frame rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll again 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.
AUD/JPY:
• If 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 it followed by a tight flag and 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.
GBP/USD:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
CAD/CHF:
• 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 to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• 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.
Nakedtrading
GBP/USD, CAD/JPY, EUR/GBP and GBP/JPYGBP/USD:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
CAD/JPY:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure 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 the upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then 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 regardless of how it does so I'll be waiting for a convincing push back down below our lower ascending trend line followed by a tight flag and then 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.
EUR/GBP:
• If price pushes up from where it currently is and it does so in a convincing and impulsive manner, or better still it does so after having pushed a little lower to tag and ideally break just below our lower descending trend line, then regardless of how it does so I'll be waiting for a subsequent tight flag to form after this push up and then I'll be looking to get long 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:
• If 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 and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply pushes down impulsively form where it currently is, it does so in a convincing manner and a subsequent tight flag forms, then 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/USD, CAD/JPY, GBP/JPY and EUR/GBP on watch for me today.GBP/USD:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
CAD/JPY:
• If price impulses down below our previous low, it does so in a convincing manner and a tight one hour flag follows, 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.
GBP/JPY:
• If 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 and then 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 ray line, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
EUR/GBP:
• If 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 followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If price only pushes down to and ideally just below our rayline, then regardless of how it does so I'll be waiting for a convincing push back up above it followed by a tight flag and then I'll again 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.
CAD/JPY, SUGAR/USD, GBP/JPY and EUR/GBP on watch for me today.CAD/JPY:
• If 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 it followed by a tight flag and 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.
SUGAR/USD:
• If 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 and then 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 ray line, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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:
• If 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 and then 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 ray line, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
EUR/GBP:
• If price pushes down to our rayline then regardless of how it does so I'll again be waiting for a convincing impulse back up above it followed by a tight flag and then I'll again 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.
GBP/JPY, EUR/GBP and GBP/USD on watch for me today.GBP/JPY:
• If 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 and then 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 ray line, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If price impulses down below our previous low and it does so in a convincing manner, then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight one hour 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/GBP:
• If price 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 again 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.
GBP/USD:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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, GBP/USD, GBP/CHF and EUR/GBP on watch for me today.GBP/JPY:
• If price impulses down below the upper trend line of our most recent piece of structure and it does so in a convincing manner, then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight one hour 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:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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/CHF:
• 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 to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart and using our upper, higher time frame rayline as a shield by hiding my stop loss above it.
• 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 followed by a tight flag and then 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.
EUR/GBP:
• If price pushes down to and ideally just below the lower trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back up followed by a tight flag and then 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 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 again be looking to get long 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.
EU Weekly AnalysisOver the past couple of trading days EU has provided a picture perfect up-trend creating higher highs and higher lows, we are looking for this trend to continue to the weekly resistance level at 1.21716. From there we may see a rejection, if we go short we are waiting for price to create a lower low, and if we go long we are looking for price to break above resistance with a retest of the zone.
GBP/JPY, GBP/USD, EUR/JPY and EUR/GBP on watch for me today.GBP/JPY:
• If price impulses down in a convincing manner, then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight 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:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
EUR/JPY:
• If price pushes up to and ideally just above our previous high then I'll be looking for a convincing impulsive back down below it followed by a tight one hour flag and 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.
EUR/GBP:
• If price pushes down to and ideally just below the lower trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back up followed by a tight flag and then 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 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 again be looking to get long 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, GBP/USD, EUR/GBP and EUR/JPY on watch for me today.GBP/JPY:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure 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 the upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price pushes down from where it currently is in a convincing manner below our previous low and a subsequent tight one hour flag forms, then 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.
GBP/USD:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and 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.
EUR/GBP:
• If price pushes down to and ideally just below the lower trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If price continues to push higher in a convincing and impulsive manner and a tight one hour flag forms, then I'll again 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.
EUR/JPY:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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/USD, EUR/GBP, GBP/JPY and EUR/CAD on watch for me today.GBP/USD:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
EUR/GBP:
• If price pushes down to and ideally just below the lower trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If price only pushes down to and ideally just below the lower rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back up above it followed by a tight flag and then I'll again 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:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 higher time frame rayline, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
EUR/CAD:
• If 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 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.
EUR/CAD on watch for me today.EUR/CAD:
• If 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.
GBP/USD and EUR/JPY on watch for me today.GBP/USD:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
EUR/JPY:
• If price pushes down impulsively in a convincing manner and a subsequent tight flag forms below our previous high, 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.
GBP/USD, CAD/JPY, EUR/JPY and GBP/JPY on watch for me today.GBP/USD:
• If price pushes down impulsively and in a convincing manner and a subsequent tight one hour flag forms below both the upper trend line of our most recent piece of structure and below the low of our most recent correction and a subsequent tight flag forms, 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.
CAD/JPY:
• If price gives us a clear, tight one hour flag then I'll be looking to get short with a reduced risk entry on the break of that 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.
EUR/JPY:
• If price pushes up to and ideally just above our previous high 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 one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our previous high, then I'll be waiting for a convincing push back down followed by a tight flag and then 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:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 higher time frame rayline, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
AUD/CHF, CAD/JPY and EUR/GBP on watch for me today.AUD/CHF:
• 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 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 trend line, then I'll be waiting for a convincing push back down followed by a tight flag and then 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 higher time frame rayline, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
CAD/JPY:
• If 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 and then 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 then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
EUR/GBP:
• If price pushes down to and ideally just below the lower trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If price only pushes down to and ideally just below the lower rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back up above it followed by a tight flag and then I'll again 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.
WHEAT/USD, GBP/USD, AUD/NZD and SUGAR/USD on watch for me today.WHEAT/USD:
• If price continues to correct and a tight one hour flag forms 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.
GBP/USD:
• If price pushes up to and ideally just above our upper trend line or our upper rayline, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and 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.
AUD/NZD:
• If price only 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 rayline followed by a tight flag and 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.
SUGAR/USD:
• If price continues to correct and a tight one hour flag forms 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.
AUD/CHF, GBP/JPY, AUD/NZD and EUR/GBP on watch for me today.AUD/CHF:
• 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 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 trend line, then I'll be waiting for a convincing push back down followed by a tight flag and then 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 higher time frame rayline, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
GBP/JPY:
• If price pushes up to and ideally just above the upper ascending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 higher time frame rayline, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
AUD/NZD:
• If price pushes up to and ideally just above our upper outer structure trend line, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price pushes down in a convincing manner and a tight flag forms below our lower ascending trend line, then 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.
EUR/GBP:
• If price pushes down to and ideally just below the lower trend line, then regardless of how it does so I'll be waiting for a convincing push back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If price only pushes down to and ideally just below the lower rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back up above it followed by a tight flag and then I'll again 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.
AUD/JPY, EUR/GBP and AUD/NZD on watch for me today.AUD/JPY:
• If 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 and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below both it and the lower ascending trend line of our most recent piece of structure followed by a tight flag and then I'll again 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.
EUR/GBP:
• If price pushes down to and ideally just below the lower trend line of our most recent piece of structure 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 the lower trend line of our most recent piece of structure, then I'll be waiting for a convincing push back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If price only pushes down to and ideally just below the lower rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back up above it followed by a tight flag and then I'll again 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.
AUD/NZD:
• If price pushes up to and ideally just above our upper outer structure trend line, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and 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.
SUGAR/USD, GBP/USD, AUD/JPY and CAD/JPY on watch for me today.SUGAR/USD:
• If price pushes down below our upper trend line and a tight flag follows, 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.
GBP/USD:
• If price pushes up to and ideally just above our upper trend line of our most recent piece of structure 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 the upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our most recent high, then regardless of how it does so I'll be waiting for a convincing push back down below the second touch of our most recent piece of structure and then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight flag.
• If price merely drops from where it currently is and it does so in a convincing manner to below the absolute low of our most recent correction, then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight one hour 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.
AUD/JPY:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure 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 the upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below both it and the lower ascending trend line of our most recent piece of structure followed by a tight flag and then I'll again 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.
CAD/JPY:
• If 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 and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price pushes down below our upper rayline, it does so in a convincing manner and tight flag follows, then I'll again 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/USD, AUD/JPY, CAD/JPY and SUGAR/USD on watch for me today.GBP/USD:
• If price pushes up to and ideally just above our upper trend line of our most recent piece of structure 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 the upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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.
AUD/JPY:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure 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 the upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
CAD/JPY:
• If 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 and then 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 upper rayline, then regardless of how it does so I'll again be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
SUGAR/USD:
• If 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 and then 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 regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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/USD, AUD/CAD, AUD/JPY and GBP/JPY on watch for me today.GBP/USD:
• If price pushes up to and ideally just above our upper trend line of our most recent piece of structure 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 the upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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.
AUD/CAD:
• 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 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 trend line, then I'll be waiting for a convincing push back down followed by a tight flag and then 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 higher time frame rayline, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
AUD/JPY:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure 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 the upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
GBP/JPY:
• If price pushes up to and ideally just above our upper ascending trend line, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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 higher time frame upper rayline, then regardless of how it does so I'll again be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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/USD, AUD/CAD, AUD/JPY and CAD/JPY on watch for me today.GBP/USD:
• If price pushes up to and ideally just above our upper trend line of our most recent piece of structure 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 the upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then 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.
AUD/CAD:
• 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 followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• 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 followed by a tight flag and then 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 higher time frame rayline, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
AUD/JPY:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure 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 the upper trend line of our most recent piece of structure, then I'll be waiting for a convincing push back down followed by a tight flag and then 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 the upper rayline of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.
CAD/JPY:
• If 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 and then 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 upper rayline, then regardless of how it does so I'll again be waiting for a convincing push back down below it followed by a tight flag and then I'll again 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.