Technical Analysis: -Micro downtrend broken and is now being retested on the backside -Longer term uptrend has a 3rd touch and aggressive bullish candle from the two trend lines -Support & Resistance in the purple zone -Correlation with bullish AUD *Did not look at trading plan before executing this trade* *Similar to the AUDJPY call but this was a little...
Technical Analysis: -4h has reversed twice off of the Monthly resistance we have -4h candle has also closed below our trend line -On the 1h you can see how nicely price broke through the trend line, it technically already retested it and dropped so we may not see it happen again. -Purple zone is in confluence with fib levels and where we had price drop on the...
Technical Analysis: Price on the 4h has just broken structure to the downside showing the maybe for the next few days or even weeks we could be falling pretty heavily. When you look on the 1h timeframe it looks as if EA has a lot of momentum to the upside, which it does for now but at the same time this could be an ABC corrective wave to the upside before...
The notes to this trade are on the screen ** There was no divergence in this trade set up. **
Technical Analysis: -Price is in a 4h Price Reversal Zone -30 Min heiken ashi candles have many wicks to the upside and had a bearish momentum shift to the downside -4h candles look like we are slowing down as well -1h heiken ashi shows slow in momentum and just printed a bearish candle -SL is right above the 4h zone -TP 1 & 2 are at zones where price has strong...
Analysis: -Strong break to the downside creating new LL (Includes gap from the weekend) -Retest of the 70-79% zone -Perfect MA test -Floor broken and now being treated as a ceiling -There is a lot of strength to the upside but perfect setup opportunity Emotions: -Same as the XAUUSD Long this morning
Analysis: -1hr structure continuation to the upside -70-79% rejection -MA Bounce/Reject -Long bullish hammer on MA -Previous Resistance becoming support -4 hr doji candle Emotions: -Woke up late and rushed -Wasn't even supposed to be able to look at charts this morning so grateful for that -Skimmed through analysis -Didn't read through my trading plan -Was...
Technical Analysis: -Price broke below the MA pretty aggressively -Now retesting the purple zone which was previous support -Confluence between the zone and MA Emotions: -Saw price reacting to this level a little late, price wicked the kill zone to a T but now I may have missed the entry already. Not rushing into this trade, set my limits just in case price...
Technical Analysis: (Same Exact Setup As GA) -Price broke below the MA aggressively -Broke below purple zone which was previously a strong floor and now retesting -Confluence between all three indicators Emotions: -I came into this setup a little late, I was eyeing this earlier in the morning and had it on my watch list but, I just saw this trade and am not...
MORE INFO ON THIS MARKUP AT " esoterictrader.com "
So, all week GJ has been dropping like no other, I personally think this is due to the high pressure news and rumors of Brexit. Historically, if you look left there is a zone a few hundred pips below that many buyers have entered the market, now what I think may be happening is that, price could keep dropping lower and lower until we reach that large zone of...
So, this is a new week into the trading world and for GBP we have some MAJOR news all week basically, especially because of all the BREXIT news. All timeframes are really telling me we will be having longterm bearish movement to the downside, even all the way down to the 1h timeframe. So when price opened at market open it actually closed below a zone that it has...
So, I did not update these journals since about 2 days ago so movement was missed, but what I saw with this sell was that if you go back to the most recent journal before this you could see we were in a very good buyer zone, and as expected GJ did shoot up and my projections of where we could drop again were where I have the yellow zone now. The reason the yellow...
So GJ did come down into that buyer zone and shot up, I did have a buy limit set about 30 pips below that so it never got entered, but now I know that's a zone that is being very well respected. There was a chance to get into this trade off of that candle stick pattern right at midnight, which is when the market moves a majority of the time... Bu I was not awake....
So GJ is nearing a very strong buyer reversal zone at the moment, if you look on the 4h and D timeframes, you can see that the past couple of times price was here it sky rocketed some massive amount of pips. But something else that may be very valuable to keep in mind while looking for any buys is that the price action for GJ on the Daily really indicates that we...
Confirmations: 1) Price below MA for a sell 2) Price has been making LL and LH 3) Previously strong S/R Zone 4) 78.6% Fibonacci 5) Manipulation wick to the upside to hit seller SL's 6) 4h wicks to the upside EUR overall is looking like it could drop some tonight, there is also another sign telling me this may be a valid sell! But, over everything I am...
Here is a quick video explaining what I see happening for the upcoming week with AU, it is a top-down analysis from the weekly timeframe down to the 15 minute. If you enjoy the videos or want to know more, hit me up from the places down below! Contact Me: -Instagram: @krystianstreit -Facebook Course/Community: Alpas FX - Forex and Crypto Currency Trading Have a...
So here is what I see playing out for the upcoming week with EURUSD, it is my bias and style of trading from the Weekly down to the 15 min chart! If you enjoy this style of trading and want to learn more than please reach out to me and I would love to help, the best places to reach me are below... Contact me: -Instagram: @krystianstreit -Facebook...