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Audchf keeps getting lowerLikely pullback to short,watching on lower timeframe like h1. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
Gbpcad likely more of pullback to long,bias up**Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
NZD/JPY Short and NZD/USD LongNZD/JPY Short • If price impulses down, it does so in a convincing manner and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/USD Long • If price corrects and a tight one hour flag forms, then I'll be looking to get long with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
9
SILVER Is Bearish! Short! Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 24.316. Considering the today's price action, probabilities will be high to see a movement to 22.992. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
FX:XAGUSDShort
by SignalProvider
2
EUR/USD Short and NZD/CAD ShortEUR/USD Short • If price corrects and a larger one hour flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/CAD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
30
Mechanical Consistency; Gold (XAUUSD) Trade Review for 27 JulyHi, This is a trade review for 27 July 2023. Here are some details for the trades. XAUUSD 1-hour time frame 2% per trade 3 lose, net -3R / -6% Due to the robust US data, Gold experienced a significant decline, resulting in a substantial setback. Unfortunately, all three of my carefully positioned mechanical trades ended up losing -3R, erasing all the profits I had accumulated this week. Nevertheless, dwelling on the past won't be productive. Instead, I remain committed to my strategy without any deviations or changes. It's worth noting that I've extensively backtested this consistent mechanical approach, and it has proven to be profitable over the past year. Moving forward, I am optimistic that the upcoming week will yield better results. Staying focused and disciplined will be key to achieving success. Let's look ahead with confidence and hope for a more favourable outcome next week! Disclaimer: Not Financial Advise, just sharing my trading journey. Please take it as educational content. Thank you! As a full-time working individual, I do not have the time to constantly monitor the charts and look out for the "perfect" trading opportunity. This is why I adopt the mechanical trading strategy to earn extra money. This approach eliminates the need for extensive technical or fundamental analysis and removes any guesswork. It is a 100% Mechanical rule-based strategy, ensuring disciplined and consistent decision-making. Here's how it works: Immediately after the 1st-hour candlestick closes either below or above the 200 EMA (Exponential Moving Average), you place precise Buy/Sell limit orders. Once all parameters are meticulously set, you can confidently attend to your daily routine, including your day job, while entrusting the market to dictate the trades. If you are interested to learn my strategy, please visit my blogging site, link in BIO. Thank you!
OANDA:XAUUSDEducation
by Barry_Games_Trading
NZD/USD Short, AUD/USD Short and NZD/CAD ShortNZD/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/CAD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. AUD/USD Short • If price impulses down, it does so in a convincing manner and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
9
EUR/USD Short and NZD/CAD ShortEUR/USD Short • If price corrects and a larger three touch one hour flag forms, then I'll be looking to get long with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/CAD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
8
DXY Bearish Orderflow into Sellside LiquidityIf DXY goes Lower, Foreign Currencies, Stocks, Commodities, and other asset classes will Rise. Price is coming off of a Bearish Orderblock. That should push price lower. As price entered the Bearish OB, we had a 3-stage consolidation run into it (MMSM). To complete the model, price needs to drop down below the original consolidation (the blue shaded box above "Sellside Liquidity"). The Sellside Liquidity contains of two equal lows. Lots of orders are placed around this area, and the market will look to seek down into them to manipulate positions that are resting here. Therefore, I'm looking for a run down to them and through them. As of where DXY is currently, it is in Bearish Orderflow. Every Premium PD Array is being respected to the downside as every Discount PD Array is being disrespected. Price is currently testing C.E. (Consequent Encroachment) of the daily SIBI FVG + Inversion Orderblock. We could trade lower from here... I will allow for price to trade higher into the purple box (BPR) as this area should act as strong resistance, and price should not exceed through it. If price closes above the BPR at 103.380, that would be an invalidation of this idea, and price should go higher instead. But as long as we remain below it, I'm bearish down into Sellside Liquidity. If price accelerates through my Target, then my next target is the Monthly BISI FVG Low:
TVC:DXYShort
by Bastianelton
2
EUR/USD Short, GBP/AUD Long, NZD/CAD Short and AUD/USD ShortEUR/USD Short • If price corrects and a larger one hour flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. GBP/AUD Short • If price corrects and a larger one hour flag forms, then I'll be looking to get long with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/CAD Short • If price corrects and a larger one hour flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. AUD/USD Short • If price corrects and a larger one hour flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
8
EUR/USD - 21.07 - technical analysis hello, I would like to keep things as simple and clear as possible without too many stories! blue zone = demand zone - from where I expect it to grow or at least to have a reaction purple area - supply area - from where I expect the price to decrease or at least to have a reaction liquidation point = for the order flow to be respected, the price must take over that point protected point = if the price touches that point, it is possible to see a trend change liquidity = the price will take that liquidity (do not transact there) MARKET STRUCTURE at the finest level
by KronFX
6
EUR/USD Short, EUR/AUD Short and CAD/JPY ShortEUR/USD Short • If price corrects and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. EUR/AUD Short • If price corrects and a larger one hour flag forms, then I'll be looking to get long with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. CAD/JPY Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
6
Usd pullback up could be coming,but short livedAs mentioned, USD indeed came down very SHARPLY last week. Anticipating some pullbacks on USD majors before USD resuming its downtrend again. Go with trend should be the game play. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
TVC:DXYShort
by Shadowing_The_Big_Boys
Trade report of 20-7It's holiday time. This can be seen in the leaps that are made when a news fact is presented. Today the following data are known: AUD Employment Change is 32.6K expected 15.4K was 76.5K AUD Unemployment Rate is 3.5% expected 3.6% was 3.5% USD Unemployment Claims is 228K expected 239K was 237K Both good news for the AUD and for the USD. If you look at the Dollar index you immediately see a jump up and the Dollar climbs out of the trough that had a low on July 13. We see in our positions that it is correcting. Today's actions: #S&P500 : due to the lower rate of unemployment application in the US, a correction is taking place. We have an SL at 4545.9 and now assume that this is sufficient for the correction. Gold : we put in a buy yesterday and it was in jeopardy because of today's news but it recovered again. CADJPY : we move the buy at 106.867 to 106.7. NZDUSD : not for today's figures but for the trend of the past few days indicates that our buy at 0.64020 is not feasible but that a sell trade is much more interesting. Our rating system gives a buy signal of +4 based on, among other things, seasonal influences and trend measurement. We are going for a sell at 0.62095, the midpoint of the channel in which the pair has been moving for a while. AUDCHF : on a monthly basis, between June and July, we see a low and high that gives us the opportunity to put in a buy but still at a distance because the pair must first prove that the trend has changed. We put it in at 0.59411 AUDNZD : new buy deposited at 1.09151. GBPCAD : The pair currently has a score of +2, or a neutral rating after adding up all categories. The institutional traders give the GBP a long rate of 67.57%, and we see that the CAD has a long rate of 53.38%. This category gets a +1, as institutional traders prefer GBP. If we look at seasonality, we get a score of -1. What this tells us is that based on historical data, this market tends to decline this month. Trend measurement is based on the daily chart, using the 5, 8 and 21 exponential moving average. The more "aligned" they are, the stronger the trend up or down. In this case, we have a score of +2. Finally, let's look at the basics. GDP growth is favorable for CAD, inflation is favorable for GBP, unemployment is favorable for GBP, and interest rates are favorable for none. We are going to follow the trend anyway and put a sell at 1,685. GBPUSD : The pair currently has a score of -1, or a neutral rating after adding up all categories. First, let's take a look at what institutional traders are buying/selling. We can see that the GBP has a long rate of 67.57%, and we see that the USD has a long rate of 70.38%. This category gets a 0, as institutional traders do not have a strong preference. If we look at GBPUSD, we see that retailers are 59% long and 41% short. We consider this information most useful when a market is extremely read by retailers. If the shoppers are 60% or more on one side, we get a +1 or -1. Currently, the GBPUSD gets a value of 0 in this category. Remember, if the retail crowd is very tall, we look at short, and vice versa. If we look at seasonality, we get a score of -1. What this tells us is that based on historical data, this market tends to decline this month. Trend measurement is based on the daily chart, using the 5, 8 and 21 exponential moving average. The more "aligned" they are, the stronger the trend up or down. In this case, we have a score of +2. Finally, let's look at the basics. GDP growth is favorable for the USD, inflation is favorable for GBP, unemployment is favorable for USD, and interest rates are favorable for USD. We put a sell in at 1.28211. EURGBP : The pair currently has a score of 0, or a neutral rating after adding up all categories. First, let's take a look at what institutional traders are buying/selling. We can see that the EUR has a long percentage of 72.71%, and we see that the GBP has a long percentage of 67.57%. This category gets a 0, as institutional traders do not have a strong preference. If we look at EURGBP, we see that retailers are 21% long and 79% short. We consider this information most useful when a market is extremely read by retailers. If the shoppers are 60% or more on one side, we get a +1 or -1. Currently, the EURGBP is given a value of +1 in this category. Remember, if the retail crowd is very tall, we look at short, and vice versa. If we look at seasonality, we get a score of +1. What this tells us is that based on historical data, this market tends to rise this month. Trend measurement is based on the daily chart, using the 5, 8 and 21 exponential moving average. The more "aligned" they are, the stronger the trend up or down. In this case, we have a score of +2. Finally, let's look at the basics. GDP growth is favorable for GBP, inflation is favorable for GBP, unemployment is favorable for GBP, and interest rates are favorable for GBP. We still put a buy in together with the trend at 0.87020.
by Probeleg
EUR/AUD Short and CAD/JPY ShortEUR/AUD Short • If price corrects and a larger three touch one hour flag forms, then I'll be looking to get long with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. CAD/JPY Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
10
Trade report of 19-7Today's news: NZD CPI q/q Is: 1.1% Expected: 0.9% Was: 1.2% GBP CPI y/y Is: 7.9% Expected: 8.2% Was: 8.7% USD Housing Starts Is: 1.43M Expected: 1.48M Was: 1.56M Another negative figure which encourages the FED to raise interest rates. Nevertheless; the U.S. dollar rebounded on Wednesday after inflation in the U.K. cooled more than economists had expected in June, sending the pound down sharply against other major currencies. Britain's inflation rate was the lowest in more than a year at 7.9%, according to data that will ease some of the pressure on the Bank of England to keep raising interest rates sharply. Economists polled by Reuters had typically predicted a smaller slowdown, to 8.2% in the 12 months to June, compared with the 8.7% in May. "It was the first time in five months that inflation surprised downwards, the trend was exactly the opposite," said Joe Manimbo, senior market analyst at Convera in Washington D.C. Jumbo rate hike next month by the Bank of England. Before Wednesday's data, investors had estimated a roughly 60% chance that the BoE would raise interest rates by half a percentage point on Aug. 3. That turned into a 60% chance of a quarter-percentage point increase after the data. "The dollar is getting a reprieve because it's the inflation data that really dictates sentiment, the dollar was tormented by cooler inflation last week and now it's the pound's turn today," Manimbo added. Our actions today: EURUSD : The Dollar plummeted last week after consumer and producer price increases slowed in June, raising expectations that the Federal Reserve will stop raising interest rates after a generally expected 25 basis point increase at its July 25-26 meeting. But Fed fund futures traders are still counting on 33 basis points of additional tightening, with the benchmark rate expected to peak at 5.40% in November. As a result, interest in the Dollar increased again today. Our buy trade has come under pressure. EURNZD : the uptrend stopped today. But that does make for a nice entry point at 1.79870. USDJPY : Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday that there is still some distance to reach the central bank's inflation target of 2% sustainably and stably, indicating his determination to pursue an ultra-loose monetary policy for now. AUDUSD : Our rating system displays the following: currently a score of 0, or a neutral rating after adding up all categories. First, let's take a look at what institutional traders are buying/selling. We can see that the AUD has a long rate of 32.98% and we see that the USD has a long rate of 70.38%. This category gets a -2, If we look at AUDSUND, we see that retailers are 55% long and 45% short. Currently, the AUDUSD gets a value of 0 in this category. Remember, if the retail crowd is very tall, we look at short, and vice versa. If we look at seasonality, we get a score of +1. What this tells us is that based on historical data, this market tends to rise this month. Trend measurement is based on the daily chart, using the 5, 8 and 21 exponential moving average. The more "aligned" they are, the stronger the trend up or down. In this case, we have a score of +2. Finally, let's look at the basics. GDP growth is in favor of the USD, inflation in favor of the AUD, unemployment in favor of none, and interest rates in favor of the USD. We put a sell at 0.66733. CADJPY : neutral assessment after adding up all categories. Institutional traders buy/sell +1, as institutional traders prefer the CAD. Retailers Score 0. Seasonality, +1. Trend measurement -2. GDP growth is favorable for the CAD, inflation is favorable for the JPY, unemployment is favorable for the JPY, and interest rates are favorable for the CAD. We have put a buy in at midpoint of the high and low of this pair in recent weeks, 106867. GOLD : XAUUSD currently has a score of +4, or a buy rating after adding up all categories. First, let's take a look at what institutional traders are buying/selling. We can see that the gold has a long percentage of 76.28%, and we see that the USD has a long percentage of 70.38%. This category gets a +1, as institutional traders prefer gold. If we look at seasonality, we get a score of +1. What this tells us is that based on historical data, this market tends to rise this month. Trend measurement is based on the daily chart, using the 5, 8 and 21 exponential moving average. The more "aligned" they are, the stronger the trend up or down. In this case, we have a score of +2. Finally, let's look at the basics. The index experienced higher GDP growth, inflation was higher than in the previous report, unemployment was higher this month and interest rates remained the same last time. Buy deposited on 1979.17.
PEPPERSTONE:USDX
by Probeleg
EUR/USD Short, USD/JPY Short and CAD/JPY ShortEUR/USD Short • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. USD/JPY Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. CAD/JPY Short • If price pushes up above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
7
Trade report of 18-7Store sales are again lower than expected in the US. 0.2% with an expectation of 0.5%. Technically, that means fewer Dollars are needed. This can be seen with the Dollar index. We do see that reflected in the shares. The US30 is running out today. But the contrast of the Dollar, Gold, is rising nicely. Here are today's actions: #S&P500 : we sold the buy on 4504.1 at a profit and put in a new buy at 4570. Silver : Due to the weak dollar, Gold and Silver remain interesting. We put in a new buy at 25,175. We put in a second buy at 25.5. Here's today's portfolio: 13/07/2023 1:23 PM Buy EURUSD Open: 1.1184 07.14.2023 13:30 XAGUSD Buy Open: 24.866 07.14.2023 14:27 CADCHF Sell Open: 0,65438 07-14-2023 02:44 PM Buy AUDCAD Open: 0,90324 07/18/2023 07:09 AM Buy EURUSD Open: 1.12699 07/18/2023 15:04 US500 Buy Open: 4.542,7
PEPPERSTONE:XAGUSD
by Probeleg
EUR/USD Short, WHEAT/USD and USD/JPY ShortEUR/USD Short • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. WHEAT/USD Short • If price corrects and a one hour flag forms, then I'll be looking to get long with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. USD/JPY Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
11
Weekend trade reportA successful week with, among other things, better-than-expected inflation figures from the US. This will show that inflation is heading in the right direction in the US. The market seems to be hoping for an urgent end to the interest rate hikes. This will be positive for the stock market. Inflation also seems to be coming under control in Europe. When we look ahead, it becomes difficult to estimate when it comes to interest rate hikes. The FED had announced in the previous meeting that it would raise interest rates at least 2 times this year. But whether that's already this month will be the big question. Last week we achieved a 15% return divided between the automatic and manual trades. For the coming week we have the following news items to look out for: Mon Jul 17 4:00 CNY GDP q/y CNY Industrial Production y/y 14:30 USD Empire State Manufacturing Index Tue Jul 18 3:30 AUD Monetary Policy Meeting Minutes 14:30 CAD CPI m/m CAD Median CPI y/y CAD Trimmed CPI y/y USD Core Retail Sales m/m USD Retail Sales m/m Wed Jul 19 0:45 NZD CPI q/q 8:00 GBP CPI y/y Thu Jul 20 3:30 AUD Employment Change AUD Unemployment Rate 14:30 USD Unemployment Claims
PEPPERSTONE:USDX
by Probeleg
AUD/JPY Long, EUR/USD Short, WHEAT/USD Short and USD/CAD LongAUD/JPY long • If price impulses up, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. EUR/USD Short • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. WHEAT/USD Short • If price pushes up above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. USD/CAD Long • If price corrects and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
5