CHFJPY - Looking for a bounce off 123.300 DEAD from support zoneHi everyone!
I am looking at a support zone entry for this pair.
CHFJPY
BUY LIMIT @ 123.300
Stop Loss: 123.255 (Add Spread)
TP 1 (1R): 123.344 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 123.432 (20%)
TP 3 (5R): 123.520 (20%)
TP 4 (10R): 123.741 (20%)
Reason: Although i am anticipating price forming an accumulation schematic in this area, i can see reasons for price to travel low, I'm looking for a spring to the area marked. At the least we should see a reasonable reaction from the level. i will only really be entering if i first see a valid schematic forming first.
Orderflow
EURCHF 15M - LONGPrices broke out of structure on the H4, leaving behind demand areas to work with. Currently gave us a shift in structure on the 15m, you could have a risk entry upon limit order. Otherwise, confirm the demand areas and wait for the bullish structure to formulate before taking continuation BUYS.
EURUSD - Looking to Long Around the .15800 levelHi everyone!
I am looking at a short trade
EURUSD
BUY LIMIT @ 1.15750
Stop Loss: 1.15715 (Add Spread)
TP 1 (1R): 1.15786 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 1.15856 (50%)
TP 3 (5R): 1.16104 (/0.5)
TP 4 (10R): 1.16458 (/0.5)
Looking for price to bounce of this level, if it doesnt work theres another area below which i am interested in. I think this level holds significant value and should provide a good reactionary trade before continuing to the downside. towards the lower orderblock area.
GBPUSD - Looking for price to bounce off the .37900 LevelHi everyone!
I'm looking at this entry.
GBPUSD
SELL LIMIT @ 1.37890
Stop Loss: 1.37939 (Add Spread)
TP 1 (1R): 1.37840 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 1.37742 (50%)
TP 3 (5R): 1.37643 (/0.5 off)
TP 4 (10R): 1.37397 (/0.5 off)
REASON: Strong resistance from this area before, will be keeping an eye on the DXY ias it is at a key area. Will need to be patient and see how it reacts from the area feel free to move the entire up by about 2.5 Pips, i see some reasons to go a touch higher.
MARKET ANALYSIS OF GBPJPYThis is my current analysis of GJ and current market structure. I will continue to monitor price on the lower time frame inside of our OB, if we get the entry signal we will be taking a trade to the next POI below. We will wait to see the market unfold its story and see where banks are wanting to push price.
NZDUSD - Looking for bounce off .88600 levelNZDCAD
ENTRY 1
SELL LIMIT @ 0.88631
Stop Loss: 0.88655 (Add Spread)
TP 1 (1R): 0.88607 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 0.88560 (1/2 position every TP)
ENTRY 2
BUY LIMIT @ 0.88436
Stop Loss: 0.88425 (Add Spread)
TP 1 (1R): 0.88447 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 0.88469 (1/2 position every TP)
Reason: Price showed a heavy rejection of this level in the past, i would like to price do the same again. Will be waiting for my alert, and then watching price action for a Break of Structure.
Weekly Market Breakdown - My WatchlistHere i go re-cap the trades i took at the beginning of the month and that i was stopped out on Friday
I also give my perspective on what I'm hoping for to happen in the first couple of trading days for next week.
Lets see how the market plays out
If you have any thoughts please do let me know. I would love to hear from you
XAUUSD - Looking for rejection from the 1794 deadHI there!
Last entry of the week.
XAUUSD
SELL LIMIT @ 1794.279
Stop Loss: 1794.279 (Add Spread)
TP 1 (1R): 1793.850
TP 2 (3R): 1793.420 (Scalp TP / SL→BE)
TP 3 (5R): 1792.991
TP 4 (10R): 1791.917
Reason: I observed a gap on the 15s timeframe and i believe that price might test the area for a quick scalp to the downside. this is a reentry to the previous price action with the same strategy.
XAUUSD LONG on Order Flow - Follow the smart money! Strong Bullish Signal:
The price resumed rising after the appearance of the large volume. Moreover, the previous sharp downward correction has been swallowed, which shows a weakness of sellers.
Volume Zones:
We need to highlight an important level of resistance 1799.00, which contains the large volume.
Consider Long Positions:
Given all these factors, we may regard a scenario of the breakout of the resistance, which will allow us to contemplate purchases. The rise must be sharp and supported by the large volume, which will be a more accurate signal for entering the market. A stop loss may be placed below the breakout volume bar.
Profit Potential:
Around 300 points.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
GBPUSD - Looking for impulsive action off the .37900 levelHi everyone!
Hope you are having a lovely week! Its been great posting on Tradingview and getting quick feedback on my idea... i should have started earlier!! LOL
Here is another one for you!
GBPUSD
BUY LIMIT @ 1.37890
Stop Loss: 1.37858 (Add Spread)
TP 1 (1R): 1.37922 (Scalp TP / SL→BE)
TP 2 (3R): 1.37986
TP 3 (5R): 1.38049
TP 4 (10R): 1.38209
Reason: Flipzone entry lines up with previous supply zone, looking for price to aggressively bounce from the level, or breakthrough aggressively. Not quite sure about this one but lets see what happens! I will be entering on a test,wick and close reaction, or Accumulation breakout near the area.