DXY (Dollar Index) 4H : Trapped sellers waiting to exitThere are a whole bunch of sellers trapped in a fake move below old monthly low's - who would love to exit when price comes back to them - giving us a beautiful long entry.
Traders
EURGBP (4H) Backtest : 48% win rate across 21 trades => 10 RBacktest results : prnt.sc
Non-looser = 71%
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
USDJPY (4H) : Trapped sellers zone : Active tradeTrapped sellers == long position
Close all position at 3R as there's a trapped buyers zone just above it.
BTCUSD-The price will continue to rise !!!!BTCUSD The price will continue to rise !!!!
The Elliott Wave to form is a corrective zigzag abc or Impulse 12345
NZDUSD (4H) : 2 zones of trapped buyers => SHORTBuyers are stuck in two pivotal locations. When price comes back to them, they would want to exit, giving us a nice SHORT opportunity!
For now, simply wait.
USDMXN (4H) Backtest : 61% win rate across 23 trades => 15.4 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
USDJPY (4H) : Trapped buyers zoneTrapped buyers on USDJPY in a fakeout. Wait for price to come back to them, they would love an exit : giving us a wonderful short opportunity!
EURUSD (4H) : Trapped trader zones (long & short)EURUSD has trapped traders on either end of the range - who would love to exit when price reaches them.
All we have to do, is to just wait :)
USDJPY (4H) Backtest : 67% win rate across 24 trades => 19.6 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
Emini / ES / SPY (4H) : Operating range for next week!Price is currently stuck in two opposing trapped traders zones on 4H chart. It'll be interesting to see how these zones play out next week.
This week, we already had a good short entry when price reached the zone where longs were trapped!ht
We might also see more fake-outs on either side which will further trap more traders!
EURUSD (4H) Backtest : 52% win rate across 25 trades => 13.8 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
EURCHF (4H) Backtest : 63% win rate across 16 trades => 14 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
NZDUSD (4H) Backtest : 46% win rate across 26 trades => 10.2 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
NZDUSD (4H) Backtest : Break of market structureWinners = 6
Losers = 5
Breakevens = 2
Total Trades = 13
% Non Losers = 62%
% Winners = 46%
% Breakevens = 15%
% Losers = 38%
Win/Loss = 120%
Net R = 4.6
Avg R/Winner = 0.77
Avg R/trade = 0.35
Bad trades prevented due to presence of liquidity near SL= 20
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
RTY (Russell) (4H) Backtest : Break of market structureWinners = 8
Losers = 3
Breakevens = 2
Total Trades = 13
% Non Losers = 77%
% Winners = 62%
% Breakevens = 15%
% Losers = 23%
Win/Loss = 267%
Net R = 9.8
Avg R/Winner = 1.23
Avg R/trade = 0.75
Bad trades prevented due to presence of liquidity near SL= 26
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
ECX bullish breakout ?🧨🚨🚨EASX:ECX aka Eclipse Group has been held in the swing range from 1.2 to 1.5$. But as I prognosed last time, the structure was an ascending triangle which is inherently bullish and it has broken to the upside leading to the 1.7$ at the time of this post. My last post () had all the tech analysis about then price actions. Today I will share my observation on where this stock stands.
- This stock broke the major resistance at 1.51$ came back to retest it and immediately broke up higher to the bullish territory ripping up 1.58$ like crazy.
- Momentum is positive which is bullish
- price above LSMA and QLSMA pointing upside that is bullish
- price above 50 and 200MA
- One resistance at 1.76 has to be taken out to give confirmation of the real breakout. It has been attempted 2 times but the price was rejected.
- No clear bearish sign at the moment so i will steer clear from any short position
For the late comers, please wait for 1.76 milestone to be achieved and probably for 1 or 2 days of price closing above that level.
I will keep you updated of any change that happens,. Stay safe and have loads of profit. Dont forget to smack the likes.
XTF
NASDAQ SELL POSIITION + FOMC TALK#nasdaq #stockmarket #trading #stocks #forex #nyse #dowjones #money #investing #wallstreet #trader #sp #bitcoin #finance #nas #daytrading #daytrader #invest #investment #swingtrading #gold #business #forextrader #economy #investor #forextrading #success #forexsignals #entrepreneur #stock #entrepreneurship #pennystocks #vix #wealth #signals #bolsadevalores #motivation #profit #eurusd #stocktrading #gbpusd #forexlifestyle #technicalanalysis #covid #rich #coronavirus #futures #volatility #cryptocurrency #trade #index #profits #dax #traders #usa #forexmarket #xauusd #bearmarket #stockmarketinvesting
XAUUSD (GOLD) (4H) Backtest : Break of market structureWinners = 12
Losers = 2
Breakevens = 2
Total Trades = 16
% Non Losers = 88%
% Winners = 75%
% Breakevens = 13%
% Losers = 13%
Win/Loss = 600%
Net R = 17.2
Avg R/Winner = 1.43
Avg R/trade = 1.08
Bad trades prevented due to presence of liquidity near SL= 13
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
USDCAD (4H) Backtest : Break of market structureWinners = 6
Losers = 3
Breakevens = 4
Total Trades = 13
% Non Losers = 77%
% Winners = 46%
% Breakevens = 31%
% Losers = 23%
Win/Loss = 200%
Net R = 6.6
Avg R/Winner = 1.1
Avg R/trade = 0.51
Bad trades prevented due to presence of liquidity near SL= 18
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
XAUUSD (GOLD) : Which pocket of trapped traders will exit first?Recently, Gold has been dancing up and down, trapping traders on both sides.
We are patiently waiting for either side to start exiting - and will trade with them!
