LONG ON EURUSDPrice took out the Sellside Liquidity and trapped in all the sell stops. Brice then gave a clean B.O.S and also took out the relative equal highs just above. At this point I knew I wanted to go long and waited for price to come back belowe the equilibruim and fill the FVG.
POSITION
- Entry 1.01579
- S/L 1.01379
- T/P 1.02232
R:R
- 3.26
RISK
- 0,24%
- $2
- 20pips
REWARD
- 0,81%
- $6,53
- 65.3pips
CONFLUENCES
- Took out Sellside Liquidity
- Break of Structure
- Took out relative equal highs ($$$)
- Traded back into the FVG under the equilibruim
- 61.8% Fib retrace
Southafrica
LONG ON NZDUSDWith last week's CPI report, price traded up substantially and created a big buyside imbalance. My bias for the week was for price to come down and trade into that imbalance and possibly the highs before it. As we can see price did that and that was when I started to look for entries to target new highs. Price broke structure and gave us an FVG on the 15m to enter on.
POSITION
- Entry 0.70121
- S/L 0.70021
- TP 0.71282
R:R
- 11.61
RISK
- 0,12%
- $1
- 10pips
REWARD
- 1,45%
- $11.61
- 116.1 pips
CONFLUENCES
- Previous Day High
- Break of Structure
- 15m FVG
- Daily Higher Low
- 78.6% Fib Retrace
LONG ON NZDUSDPrice broke through yesterday’s high and continued to form an HH, that told me price want’s to go higher and should come back to form a LL and give us an entry.
POSITION
-Entry 0.64361
- S/L 0.64240
- T/P 0.64750
R:R
-3.25
RISK
- 0,15%
- 12pips
- $1,2
REWARD
- 0,48%
- 39pips
- $3,9
CONFLUENCES
- Broke previous daily high
- Flipzone
- FVG
- 61.8% Fibbonacci Retrace
LONG ON NZDUSDPrice broke structure and then gave us a FVG(price imbalance) as well as a flipzone, therefore I saw the opportunity to go long once we came back to those levels.
POSITION:
-Entry 0.64128
-S/L 0.64048
-T/P 0.64342
R:R
- 2.69
RISK
- 0,1%
- 8pips
- $0.8
REWARD
- 0,27%
- 21.5pips
- $2.15
CONFLUENCES
- 30m Break Of Structure
- Flipzone
- 38,2% Fibbonacci Retracement
- FVG
NAS100I want to say "control C and then control V" from the US30 analysis but we are not parents that believe all their children are the same. They may have similar traits but they are not the same.
Zoom out and you'll see that the current phase is a correction after the touch on the BLUE LINE, it impulsed up and is now correcting. We are waiting for impulsive candles which will show us direction and demand of that direction.
1. Reversal within the channel
2. 3rd touch on the smaller 15min channel (Top Part)
3. Candles have reduced in size, indicating a smaller demand = less supply
US30This muscle called the heart sitting behind my sternum, is about to break my sternum because of emotionally filled answers and observations. It wants the market to break down and keep falling. So let's do the money thing and put it aside and let the brain take over.
We only have one confluence
1. Channel within a channel
Due to lack of confluences, we will wait for more information.
SOL|ZAR - Wil we see more downsideSasol Limited, together with its subsidiaries, operates as an integrated chemical and energy company in South Africa. The company operates through Mining, Gas, Fuels, Chemicals Africa, Chemicals America, and Chemicals Eurasia segments. It operates coal mines; and develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Canada, and Gabon.
Now 22% undervalued after recent price drop
- Over the last 90 days, the stock is down 2.9%.
- The fair value is estimated to be R447, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
- Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
- Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 391% in the next 2 years.
SOL|ZAR - Now 22% undervaluedSasol Limited, together with its subsidiaries, operates as an integrated chemical and energy company in South Africa. The company operates through Mining, Gas, Fuels, Chemicals Africa, Chemicals America, and Chemicals Eurasia segments. It operates coal mines; and develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Canada, and Gabon.
Now 22% undervalued after recent price drop
- Over the last 90 days, the stock is down 2.9%.
- The fair value is estimated to be R447, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
- Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
- Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 391% in the next 2 years.
SA40:SOUTH AFRICAN INDEX DOWNTREND | SHORT SETUP ⚡️Welcome back Traders,
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Outlook On Nas100Here is an outlook on Nas100 on H1 timeframe. The market had it's fair share of shorts so it has been oversold on lower timeframes, so the market will open up space for buyers with the buying strength at +0.08% to +0.15% which is a slightly lower momentum for the buyers. The market has created a bullish flag and as a result of that we are expected to have high momentum in short position between 11727.4 and 11845.6, we must expect shorts when the US trading session opens. We may go short around 11845.6 to 11062.5 if the momentum on long position is lower than that of shorts.
N.B: This is not the conclusive analysis on NAS100, the market may respond differently, when using this analysis take your precautions and apply a proper risk managemnt plan.