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NZD/USD, GBP/JPY and USD/CAD on watch for me today.NZD/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our lower rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. • If price only pushes up to and ideally just above our upper rayline, then regardless of how price does so I'll be waiting for a convincing push back down below our lower rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline, then once again I'll be hiding my stop loss above the rayline as illustrated for extra protection. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/JPY: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our upper rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. USD/CAD: • If price pushes down to and ideally just below our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price only pushes down to our upper rayline, then again regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll again be looking for a reduced risk entry on the break of the flag. • If price pushes down to just below our lower rayline and this is followed by an impulsive push back up, I'll not be looking for an entry above a subsequent tight flag if the flag forms either through or below our upper rayline. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
by StewySongs
GBP/AUD, EUR/JPY, NZD/JPY, GBP/USD and GBP/JPY on watch today.GBP/AUD: • If the corrective piece of price action that has just formed develops a little further and in doing so it allows me to draw a trend line both above and below it on either the one hour or the fifteen minute chart, I'll be looking to place an order just below the lower trend line that I subsequently plot. • If price pushes down below our rayline convincingly and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag. • If price pushes down below our rayline convincingly and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline then I'll be using it as protection for my stop loss by hiding my stop loss above it. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR/JPY: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. NZD/JPY: • If price pushes down to and ideally just below our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back up above our lower trend line followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price only pushes down to and ideally just below our lower trend line, then once again regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • I'll not be looking for any risk entries after either a corrective third touch of our lower trend line or our lower rayline, because in the former's case price could trickle down to our lower rayline and having my stop loss below it would make my stop loss too wide and in the latter's case I'd potentially be taking a risk entry just below as opposed to above a three touch structure. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/USD: • If price pushes down below our rayline convincingly and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag. • If price pushes down below our rayline convincingly and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline then I'll be using it as protection for my stop loss by hiding my stop loss above it, so long as my stop loss isn't excessively large. • If price pushes down and then it flags either through or above our rayline then I'll not be looking to place an order on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/JPY: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
by StewySongs
EUR/JPY, EUR/AUD, GBP/USD and GBP/JPY on watch for me today.EUR/JPY: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR/AUD: • If price pushes down impulsively below our rayline and then a tight flag forms I'll be looking for a reduced risk entry on the break of the flag. • If price pushes down impulsively below our rayline and then a tight flag forms I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline then I'll be using it as protection for my stop loss by hiding my stop loss above it. • If price pushes down and then it flags either through or above our rayline then I'll not be looking to place an order on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/JPY: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
GBP/USD, EUR/AUD and GBP/JPY on watch for me today.GBP/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR/AUD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our upper rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/JPY: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
2
STORJ - Simple Method: How To Spot A Potential BIG Breakout.STORJ is a money making chart. I like it a lot and have for some time. In this post I'm going to take a look at a potential breakout that is forming, some potential ways to confirm a breakout, and ways to spot potential target TP's. This is a simple guide, kept that way on purpose. There is a galaxy of information and strategies out there, so let's start small and work our way up. First things first, What is a breakout? A breakout, or a reversal, is a change in direction and breaking of trend; generally in the upward direction. A downward breakout is generally called a breakdown. Obviously, knowing how to spot these is a fundamental skill of trading, and a skill you can build upon with other more advanced techniques. So how do we spot a breakout? Well first we find a trend. In this case we can see a clear as day a downward channel formed on the 4H chart. Next we need potential places for this trend to end. Generally we find these by looking at previous resistance and support levels and observing how the price reacts at these levels. In this case we can see that the current support level has multiple points of historic reference and the downward channel stopped when we hit this level. But how do we know this will be a reversal? Well firstly, nothing is certain we just look for things lining up and call it appropriately. In this case we have a couple indicators up: Moving Average Convergence Divergence (MACD) - This shows the relationship between 2 moving averages of a security. Stochastic Relative Strength Index (Stoch RSI) with Exponential Moving Average (EMA) - This shows the relative strength of a security at any given time, with extreme movement in either direction generally being a sign of an incoming reversal (overbought or oversold, respectively). The EMA portion is useful for showing the average strength of a security over time, and can show whether long term trends are still present or have stopped. Volume Oscillator - This shows relative volume of a security, plotted in an oscillator for easier viewing. Lower volume can be seen as weakening trend, whereas increasing volume can be a sign of strengthening trend. Exponential Moving Average (EMA) - This shows the weighted average price of a security over time. How the price reacts to these average prices can tell a lot about potential future movements, and as it's an average price, you can often see pivots back to these levels in time of trend. In this case, we can see all the indicators listed above are pointing towards a potential breakout: MACD is just about to cross in bull divergence, RSI is showing Oversold with an uptrend formed already, volume shows bottomed out volume and EMA's are all above our current price. Again, this does not mean the price will for sure 100% do what the indicators say, things affect the market from outside and indicators are just indicators. But when we get many things in agreement, that tends to be seen as good potential. So how do we find our profit targets? We look at where the price has been before. In this case, we see that STORJ tends to hit it's fib levels very consistently. In that case we can usually plot our TP's along the fib scale, according to our taste for risk/reward, which you should have calculated individually before ever starting trading realistically. What do we do if it goes south? Well again, this is a personal preference thing. If you're making risky moves, set a tight SL below the current resistance level. If you're not the SL kind of person and make smaller, less risky investments; then make the investment now and if it goes down just reload and add to the investment. This allows you to average out the price, so when it does reverse you're in a better position to reap your rewards. Again, this is a very basic, bare bones approach. I'll go into some more fun stuff later :) -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
by cryptosince1963
Very useful comicsBe like Alex, do not be like Jack! Many of my students have a bad experience working with scam brokers. I will tell you the story of one of them! He decides to try different brokers and get a lot of bonuses from them...... Everyone loves to get a lot of attention. So, the managers of these brokers called him every few times a day. They told many beautiful stories about a wonderful life with a bag of money, expensive vacation, sports cars, and personal Jet...))). But when they talk about such things, they sit in a small room without air conditioning, dressed in cheap clothes and eating fast food. Yes, he will get it all if he cheats you and hundreds of other novice traders! Then you can think about the police, court, or indictment, but they just change their head office address and contact phone number. They never refund money, except when you have a good influential friend. I have two videos for you on my youtube channel. The first one is about how to identify a cheating broker and the second one about how to choose a reliable broker. I recommend that you check both of them and never make the same mistake as my friend. He did not get his money back and that managers (traders, bots) are losing most of their deposit. Be careful, take care of your money, take care of your nerves, take time... be like Alex!). Don't forget to support this idea with your like!
BITMEX:BTCUSD.PEducation
by Yuriy_Bishko
12
NZD/USD and GBP/USD on watch for me today.NZD/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
NZD/USD and EUR/NZD on watch for me today.NZD/USD: • If price pushes up to and ideally just above our rayline I'll be waiting for a convincing impulse back down below our upper trend line, where I'll be looking for a reduced risk entry on the break of a subsequent tight flag. • If price only pushes up to and ideally just above our upper trend line I'll still be happy to wait for a convincing impulse back down, where I'll again be looking for a reduced risk entry on the break of a subsequent tight flag. • If price pushes up to or above our rayline and then it impulses back down convincingly or not I'll not be looking for any entry on the break of a subsequent flag, if the flag forms either through or above either our rayline or our upper trend line or through both. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR//NZD: • If price pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
NZD/USD and GBP/USD on watch for me today.NZD/USD: • If price pushes up to and ideally just above our rayline I'll be waiting for a convincing impulse back down below our upper trend line, where I'll be looking for a reduced risk entry on the break of a subsequent tight flag. • If price only pushes up to and ideally just above our upper trend line I'll still be happy to wait for a convincing impulse back down, where I'll again be looking for a reduced risk entry on the break of a subsequent tight flag. • If price pushes up to or above our rayline and then it impulses back down convincingly or not I'll not be looking for any entry on the break of a subsequent flag, if the flag forms either through or above either our rayline or our upper trend line or through both. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/USD: • If price impulses back down convincingly below both of our raylines I'll be waiting for a tight flag, where I'll be looking for a reduced risk entry on the break of the flag. • If price impulses back down convincingly below both of our raylines I'll be waiting for a tight flag, where I'll be looking for a reduced risk entry on the break of the flag and if the flag forms just below our lower rayline then I'll be hiding my stop loss above it for extra protection as illustrated. • If price impulses back down convincingly or not I'll not be looking for any entry on the break of a subsequent flag if the flag forms either through or above either of our raylines. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
4
GBP/USD and NZD/USD on watch for me today.GBP/USD: • If price impulses back down convincingly below both of our raylines I'll be waiting for a tight flag, where I'll be looking for a reduced risk entry on the break of the flag. • If price impulses back down convincingly below both of our raylines I'll be waiting for a tight flag, where I'll be looking for a reduced risk entry on the break of the flag and if the flag forms just below our lower rayline then I'll be hiding my stop loss above it for extra protection as illustrated. • If price impulses back down convincingly or not I'll not be looking for any entry on the break of a subsequent flag if the flag forms either through or above either of our raylines. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. NZD/USD: • If price pushes up to and ideally just above our rayline I'll be waiting for a convincing impulse back down below our upper trend line, where I'll be looking for a reduced risk entry on the break of a subsequent tight flag. • If price only pushes up to and ideally just above our upper trend line I'll still be happy to wait for a convincing impulse back down, where I'll again be looking for a reduced risk entry on the break of a subsequent tight flag. • If price pushes up to or above our rayline and then it impulses back down convincingly or not I'll not be looking for any entry on the break of a subsequent flag, if the flag forms either through or above either our rayline or our upper trend line or through both. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
Learn the "Gann Fan" in just 3 StepsGann theory has been widely used in various fields of finance. To learn to apply the Gann angle line, two problems need to be solved, namely, point selection and volatility. The question about volatility is in the Gann angle line. This article will mainly talk about the problem of selecting points. The selection point of the Gann angle line is generally selected from the important top and bottom. When selecting, you can judge which point to choose based on your actual operating experience. But depending on the long-term trend, you can choose the Gann angle line starting from zero, which will play a very important role in future predictions. We took NASDAQ as an example. In the chart, We have learned how to apply the Gann fan to a chart or the trend. It's complicated, but I tried to make it easy to understand and easy to apply. I have used only 2 to 3 things to perfectly apply the Gann Fan. Gann fan is useful to all the traders, It can be applied to all the time frame. In the investment process, Many investors like to buy bottoms. This is everyone's ultimate pursuit. That's because every market has important tops and bottoms. Analysis of this position is to make your own funds safer, with minimal risks and greater profits. These will use the Gann angle line confluence position. The force formed at the intersection of the rising angle line and the falling angle line can often form a reversal trend. In " Financial Analysis Trends ", the grades are divided as follows: 1×1 intersects with 1×1 1×2 intersects with 2×1 1×3 intersects with 3×1 1×4 and 4×1 intersect 1×1 intersects with 1×2 or 2×1 1×1 intersects with 1×3 or 3×1 1×1 intersects with 1×4 or 4×1 1×2 intersects with 1×4 or 4×1 Above is the information about the Gann fan for education purposes only.
CME_MINI:NQ1!Education
by forextidings
11
GBP/USD and EUR/NZD on watch for me today.GBP/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above either our upper trend line or our lower rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If price pushes up to and ideally just above our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR/NZD: • If price impulses back into our expanding pattern convincingly after giving us a third touch, I'll simply be waiting for a subsequent tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price impulses back into our expanding pattern convincingly after giving us a third touch, I'll simply be waiting for a subsequent tight flag where I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. • If price impulses back towards our expanding pattern after giving us a third touch, due to personal preference I'll not be looking for any entries on the break of a subsequent tight flag, regardless of with the impulse is convincing or not if the flag forms either through or above our rayline. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
USD/CAD, GBP/USD and EUR/NZD on watch for me today.USD/CAD: • If price pushes down to give us a confirmed second bottom and then it pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes down to give us a confirmed second bottom and then it pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes down to give us a confirmed second bottom and then it pushes up to and ideally just above our rayline, then however it gets there I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/USD: • If price pushes up to and ideally just above our upper rayline line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above either our upper or our lower rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If price pushes up to and ideally just above our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR/NZD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then however it gets there I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
2
GBP/USD and EUR/NZD on watch for me today.GBP/USD: • If price pushes up to and ideally just above our upper rayline line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above either our upper or our lower rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If price pushes up to and ideally just above our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR/NZD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our rayline, then however it gets there I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
2
New Char LayoutHere is a little bit about my set up: 1. I changed the background color, candle (body and wick) colors and general appearance in the "Settings tab". 2. Added an indicator to remind of the sessions. 3. Starred my favorite tools for easy use. 4. I used the "Save Drawing Template As..." feature to save what I use frequently on every tool. *This post is for new users. These were my must do's before I even thought of trading with trading view. Hope this helps! *My confirmations are not posted.
U
by irispao
1
GBP/USD and EUR/JPY on watch for me today.GBP/USD: • If price pushes up to and ideally just above our rayline and the last part of the move is corrective, then I'll be looking for risk entries beneath the correction. • If price pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If price pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR/JPY: • If price pushes down to give us a confirmed second bottom and then it pushes up to and ideally just above our rayline and the last part of the move is corrective, then I'll be looking for risk entries beneath the correction. • If price pushes down to give us a confirmed second bottom and then it pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If price pushes down to give us a confirmed second bottom and then it pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
2
GBP/USD and EUR/NZD on watch for me today.GBP/USD: • If price pushes up to and ideally just above our rayline line and the last part of the move is corrective, then I'll be looking for risk entries beneath the correction. • If price pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. • If price pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR/NZD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for risk entries beneath the correction. • However if the correction doesn't quite reach our upper trend line but it meets my entry criteria, then I'll be using the trend line as a shield by hiding my stop loss above it just encase price trickles up a little further before retracing. • If price pushes up to and ideally just above our upper rayline and then we get a convincing push back down followed by a tight flag, then I'll be looking for reduced risk entries on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
GBP/USD and EUR/NZD on watch for me today.GBP/USD: If price pushes up to and ideally just above our rayline line and the last part of the move is corrective, then I'll be looking for risk entries beneath the correction. If price pushes up to and ideally just above our rayline impulsively and it doesn't give us an entry, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. If price pushes up to and ideally just above our rayline impulsively and it doesn't give us an entry, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for reduced risk entries on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity then I will not place any of these trades. EUR/NZD: If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for risk entries beneath the correction. However if the correction doesn't quite reach our upper trend line but it meets my entry criteria, then I'll be using the trend line as a shield by hiding my stop loss above it just encase price trickles up a little further before retracing. If price pushes up to and ideally just above our upper rayline and then we get a convincing push back down followed by a tight flag, then I'll be looking for reduced risk entries on the break of the flag. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity then I will not place any of these trades.
Short
by StewySongs
EUR/AUD and GBP/USD on watch for me today.EUR/AUD: If price pushes up to and ideally just above our upper rayline and then we get a convincing push back down followed by a tight flag, then I'll be looking for reduced risk entries on the break of the flag. If price pushes up to and ideally just above our upper rayline and then we get a convincing push back down followed by a tight flag, then I'll be looking for reduced risk entries on the break of the flag. But if the flag forms close to our raylines, then I'll be hiding my stop loss above both raylines as illustrated for extra protection. I'll not be getting involved if the flag that forms after a subsequent push back up to our upper rayline followed by a convincing push down forms either through or above structure as illustrated. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity I will not place any of these trades. GBP/USD: If price pushes up to and ideally just above our rayline and then we get a convincing push back down followed by a tight flag, then I'll be looking for reduced risk entries on the break of the flag. If price pushes up to and ideally just above our rayline and then we get a convincing push back down followed by a tight flag, then I'll be looking for reduced risk entries on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. I'll not be getting involved if the flag that forms after a subsequent push back up to our rayline followed by a convincing push down forms either through or above structure as illustrated. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity I will not place any of these trades.
Short
by StewySongs
2
AUD/USD, EUR/JPY and AUD/JPY on watch for me today.AUD/USD: I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. If price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag I'll not be getting involved if the flag forms either through or above structure as illustrated. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity I will not place any of these trades. EUR/JPY: I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. If price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag I'll not be getting involved if the flag forms either through or above structure as illustrated. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity I will not place any of these trades. AUD/JPY: I'll be looking for reduced risk entries if price pushes down below our rayline and then forms a tight flag. I'll be looking for reduced risk entries if price pushes down below our rayline and then forms a tight flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. If price pushes down and then forms a tight flag either through or above our rayline as illustrated I'll not be placing a trade. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity I will not place any of these trades.
Short
by StewySongs
EUR/USD, AUD/USD and EUR/JPY on watch for me today.EUR/USD: I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. If price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag I'll not be getting involved if the flag forms either through or above structure as illustrated. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity I will not place any of these trades. AUD/USD: I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. If price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag I'll not be getting involved if the flag forms either through or above structure as illustrated. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity I will not place any of these trades. EUR/JPY: I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. If price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag I'll not be getting involved if the flag forms either through or above structure as illustrated. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity I will not place any of these trades.
Short
by StewySongs
EUR/JPY and EUR/USD on watch for me today.EUR/JPY: If price pushes up to and ideally above our upper rayline I'll be looking for a convincing impulse down followed by a tight flag where I'll look to get short with a reduced risk entry. If the flag forms a little lower than in the example to the left I'll use the lower rayline as a shield by hiding my stop loss behind it for extra protection. If price pushes up to and ideally above our lower rayline I'll be looking for a convincing impulse down followed by a tight flag where I'll look to get short with a reduced risk entry. If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity I will not place any of these trades. EUR/USD: If price convincingly breaks below our descending correction I'll be looking for a reduced risk entry on the break of a more confirmed one hour tight flag. If price convincingly breaks above both our descending correction and our rayline I'll be looking for a reduced risk entry on the break of any kind of tight flag. If price impulses above our descending correction and flags below or even through our rayline I'll not be looking to place a trade. If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity I will not place any of these trades.
by StewySongs
2