15 min ramble for a m8
Failed to see the pullback making a higher low. i was looking at it as if it was a rising wedge. I was looking at a 2.3:1 ratio. I was really wanting it to go my way but price action doesn't give a fuck about what you want! just like my ex wife!
this is how i would take the trade as a tradie boi.. because I have no money.. my wife.. you see she left me... and she take my fish.
This is not taking into consideration and events. This is just pure TA Break and retest of a trend line and has formed a complete break out. Break and retest of the Daily EMA 50 and the weekly. Head and shoulders pattern has formed with a lower high (both in red). Price action is meeting the fib numbers that suggest a continuation south. The is below all...
*IF I had the fucking money* I would be putting in a trade like this. Just for a punt. Not a bad position. Just posting so I can test the idea and come back and check.
Seems to be making higher highs that have broken the 2018 downward trend. The end of last year completed a descending wedge which more often then not historically means a break to the upside (and visa versa).
British pund and Jaaaapanes Yen - Ho Li Fuk told me Sum Ting Wong said that MACD on daily is looking pretty strange vs price action data.. Its huge divergence. HTF on the daily looks like a lot of high test of the weeks. Trying to catch this short. Entered in around the base line unfortunately being inpatient.. my wife used to tell me that.. my ex-wife now.....
This took a while to play out but it was nice to see everything come together. Originally it was a 3:1 reward to risk, then I reassessed as I felt price action looked like it had further movement south. there was no news or events that were going to affect the trade so it was fine to leave it over a few days. Actually I will not that after price retested the...
On the 15min resolution there is a descending wedge which is very exciting when you dont have a life out side of trading.. thats probably why she left me.. but in any case, its generally a sign of a reversal. Waiting for it to come back up and retest the 4H50EMA and if its a good response I will take the trade, if not I will punch my laptop in the fucking face. Amen.
SHORT SETUP (ALREADY SET UP i JUST DIDN'T ENTER... waiting for one more highest purely for a better position and less risk
I am waiting for a retest of the 4h50EMA. Im fucking pissed I missed my position. I was in after the 1st pink circle (those circles are retesting a resistance line) And to be honest I rushed placing the position and due to that I didnt establish my stop-well *something im generally really good at*, but anyway, it stomped me out after the 2nd retest, and then there...
So looks like it might bounce up to $28 which is about where the EMA50 on the weekly time frame. Do you use the EMAs? I have set mine to 20 and 50 as there is a lot of price action interaction with these settings. (EMA - exponential moving average) Also I have no fucking idea how this instrument works, im just noticing a pattern with that EMA which would be my...
We have a break, and now look for a re-test, this would point to a bullish trend change. Or its just a false breakout.
Im short on this. Looks like its at the top and getting into the red line of death, she's runnin out of steam. Shorting down to that trend line or there abouts...
Price punched below the weekly 20EMA. Now sits under as it now acts as resistance. There is another strong trend line price has hit 4 times before being rejected up towards more rejection W20. Sounds like my dating life. My target is the daily 50EMA, and the biggest hurdle is in this trend change was the W20, and now the punching through this support zone (marked...
This is a short position I took, addressing the different time frames and TA for each. There are no events taken into consideration in this TA, just price action in relation to the trend-lines, Support and resistance lines, price momentum, candle information, EMAs, and whatever else I talk about. god bless.
Looking for a short positioning, not sure if now is the best time to get in. The trend is up against new lows.. like really low lows. Like 10 year plus lows.