Setandforget
High probability setupThis is what I'm going to be looking in the market for the next long term journey, this is a special setup based on patience, strategy and price action, high probabilities and high R:R, works better in high timeframes, we have just wait for the firt confirmation which is:
1. Shift of structure, after watching that we have to look for:
2. A good RESISTANCE/SUPPORT zone where the price is rejecting in Daily of 4H and search for a:
3. Chart pattern which can be a HEAD AND SHOULDERS OR DOUBLE BOTTOM, DOUBLE TOP..., if we have these confirmations, we can look for the last which is:
4. Candlestick pattern: in the shift of the structure which can be an engulfing, an evening/morning star or marubozu, also can be a doji with the wick for our direction
Each one of these confirmations are 22% probabilities for our strategy, after getting all them we can enter the trade, put the stop loss a bit above or below the last structure point and take a 1:3 risk reward and the most important part is:
SET THE TRADE AND FORGET, Allow the price to go where it has to go, don't change the T.P, don't change the S.L, accept the risk of the trade and take a loss if is the case or take a win if the market allows that, and continue with the plan, IT'S IMPOSSIBLE TO HAVE A 100% CHANCES, so even if you have all this confirmation, you can lose and you have to ACCEPT IT, for that:
Stick to the RISK MANAGEMENT thinking in percentage, I recommend to use a 1%-2% per trade, and that's all
BE PATIENT AND SMART, THINK IN LONG TERM
Remember: "The market is a mechanism for transferring money from the impatient to the patient"
EUR/USD: Unraveling Today's Wild Ride! 📉📈
🔥 Brace yourselves, traders and enthusiasts! In today's video, we're dissecting the wild rollercoaster that the EUR/USD pair took us on. From sharp drops to unexpected surges, the currency market was on fire, and we're here to break down every twist and turn.
Join our team of seasoned traders and financial experts as we analyze the factors behind this crazy EUR/USD move. We'll explore the economic indicators, global events, and market sentiment that contributed to the volatility. Whether you're a novice trader looking to learn or a seasoned pro seeking insights, this video has something for everyone.
📊 Get ready for detailed chart analyses, expert predictions, and trading strategies tailored for this unique market situation. We'll also explore how geopolitical events and economic data impacted the exchange rate, providing you with a comprehensive overview of the forces at play.
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USDJPY, Bullish Swing Trade IdeaRIse and Shine traders,
After waiting patiently for almost two weeks, Uj is finally making some movements. I personally waited one week for price to retrace to @146.500 price area. Now that price is in the area of interest, now is the time to look for entry points. Look for price to potentially hit @147.408 and reject and retrace down to the next area of support @1460.940.
USDJPY, Potential Bullish continuationPreviously UJ took a turn and retraced down to a respected daily supply/demand area @114.929. Currently we are looking at a continuation of the bullish trend, however we must first wait to see if there will be a breakthrough at the 4hr supply/demand area @146.504. If a breakthrough were to occur, wait for the closure above @146.504 price area. Once a four hour candle closes above the @146.504 area, be patient and look for potential areas for pullbacks to then enter a long/buy.
USDJPY, Bearish, Swing tradeGood afternoon,
I hope everyone had a great weekend and previous trading week. Here I present a premarket forecast for UJ for this trading week. Last trading week UJ was bullish, breaking a key daily supply/demand area @142.118. Toward the end of the week, price reversed and closed below the same daily area of supply/demand @142.118.
Price rejected at a key 4hr level @141.731 with potential to retracement back to area @142.118.
If anyone has any questions, comments, concerns, or similar analysis, please share, comment, or boost.
AUDUSD,Bearish trend,Head and ShoulderGood afternoon,
I hope everyone had a succesful trading week and week in their daily lives. Here is a pre market forecast for AUDUSD this upcoming trading week. Last week, AUDUSD was bearish for the most of last week. Toward the end of the week it began a retracement process. Price broke the daily supply/demand area @0.65944.
Price is projected to continue bearish momentum to the next 4hr supply/demand area @0.65464. If price rejects this area, look for the head and shoulder formation to form to confirm this projection.
If there are any questions, comments, concerns, or you may have a similar analysis to mine please do not hesitate to share, comment, and boost this post.
USDJPY, Are the Bulls back in control?UJ was on a bearish run from 07/09-07/14. On the Friday before the market closed UJ reached a key daily Supply/Demand level and closed above the zone. In the screen shot above is a projection of where the market will go. To confirm the bullish run, price must close above the daily supply/demand area @138.776. Once the four hour candle is closed above the area, look for the next major 4 hour supply/demand area that price could possibly begin to reject. Once a pullback occurs and closes above either the daily supply/demand zone or 4hr supply/demand zone, take your long entries and hold to your comfort.
is this just a temporary bull market run or will the bears strike back?
NZDUSD, Bull market trade ideaInvest in success and read this text.
The Pair of the week is NZDUSD, which is currently in a bullish market. Price has been fluctuating and now has finally broke a key supply/demand area and now has rejected at a key 4hr level @0.62361. Price is now projected to pullback into the 0.62032 area. Once price rejects in this area, look to take long positions to the next 4hr supply/demand zone @0.62673.
Please do not hesitate to leave questions, comments, and concerns. If anyone has a similar Setup please share or comment.
USDJPY, Bearish Market, Swing TradingHello everyone,
UJ is currently in a bearish market, so we must adapt and react and look for an entry point. Price recently dropped and closed into the key 4 hour price zone 139.198. Price is projected to retrace back to the next key 4 hour zone 139.627. If this projection is fulfilled, look to enter in short positions @139.627 and hold to the next key daily or key 4 hour zone.
USDJPY, Bullish market, 4HrHello everyone,
UJ began its official bullish momentum before the end of last week. Now that price has broken above EMA's and formed a double bottom respecting our demand zones, it will be in everyone's best interest to start looking for ways to enter into the bullish market.
In this idea, I'm projecting that price will begin to reject in 136.300 price area and make a swing down to the next support/demand area on our four hour time frame in the 135.290 price area. If the projections comes true, look to enter the market going long at your own comfort level.
If anyone has any questions, comments, or concerns, please do not hesitate to leave a comment. If this projection is similar to yours or agree with this analysis, please: Share, like, and/or leave a comment.
Litecoin Long Biashey, guys hope you doing great.
today its #Litecoin as we can see a clear sign on #btc HTF where we have got a clear breakout which is a sign to go for longs. we will see some short term reversal patterns in the middle of the last move as well but it will depend on the current PA if it holds then it should behave strongly in order to touch the last move departure height.
so we can use all the fresh demand zones for the now. good luck for the bulls.
USDMXN Supply And Demand AnalysisSee picture for analysis
Feel free to share your thoughts.
NOT SELLING USDMXN (ONLY BUYING)