Looking at the support & resistance zones, We're currently at a key level for a great entry short at the top of the range the currency has been following for quite a while across the daily chart and 4 hr. Looking to go down 2 levels for about 130 pip gain, with a hedge order 25 pips above incase we break the range and make a run for it. Overall, looking for the...
The Situation- It was going GREAT.... Until it wasn't... I mis read the trade, and got it wrong with a bad entry, then another, then another. I made that entry worse trying to move out of the position at breakeven before close of the week Managed to recover half of the drawdown amount through scalps, then after some "analysis fatigue" it got a bit worse, so I...
Seeing price at a significant key level that price has strongly rejected from before. Showing deceleration in momentum as a good sign of a lot of selling pressure available here. First entry already taken at 0.91835, Second entry placed at 0.92, another key level and round number. Double hedge Placed just above the second entry at 0.9217 Both targets at...
Was not entirely comfortable with the last position with the new activity. This looks much more likely, aligns with the more common levels, and does not have a target that's a little far away, another issue I had with the last position. Stay sensible 😊. 1.064 entry, 1.066 hedge buy, 1.0555 target
Looking to get entry from the midline of the consolidation at around 1.0618, hedge above at 1.0641. Next level of interest is 1.0461 with potential issue at 1.048 with another level from way back. Max risk is 25 pips in this setup, but will watch things play out. 1.062 lines up in a level that's about in line with a fib level of retrace, and lining up with the...
This framework I have started and built upon. The colors are to be looked at as groups, red, blue, green. Blue lines are just micro levels that are paid attention to, and grey lines are attention points where a significant time was spent. Red levels are significant. Crossing lines can point to future hidden support and resistance, and of all the lines on the...
Looking like some divergence from a center line trend line off of another chart (panda ones from last week), we have a solid looking level at the 1.0765 ish level, and another slightly above at the round handle 1.080. sell orders at those price areas looking for a reach and pull down to the 1.0667 level it seems fond of yesterday. Placing orders to catch a...
Looking to get out of the situation, with the idea the price is overall moving up still. Looking to get out breakeven on the original sell, and add a buy, or liquidate the buy and enter a sell. Situation 2 will increase risk to two positions, but won't have to move very far to end. Positions and entries represented by the blue and red arrows, with targets at the...
Strong round number, Good possibility of a lot of sellers lying in wait. We have the supply zone still in play from the 1.06300 area/15 minute chart from friday's excitement, so taking a short entry at 1.06970 with a target at that area. Blue line at the stop is a hedge order incase we break to trend, then I'll wait for 1.07400 to make another choice, But I think...
Looking to go long and maybe hold a bit through the weekend. Entry triggered and was on the 15 minutes before I realized why it wasn't showing up 😂. Lines up in the frames and coming out of the red one and staying with the blue. At a strong support level now
Coming up out of the frame, very likely long. Order at 1.0645, stop 620, target 1.074
Going to try and scalp out a retrace taking advantage of the retrace and range of volatility. I've been expanding on the original framework from all the activities leading to now, and I see a gap to try and take advantage of like it lines up in the past. Red line had a lot of attention so expecting price to go back down and fight before going anywhere else 🧐
Retest of the top of the range. 1.062 target. Watched the retest and the most common level is holding. Trade is live (at work now)
Looking at the crossing of blue red and the level there around 1.06200 looks good for an overall setup to short. Already seeing stiff reactions from 1.05800. Placing a sell limit at 1.06400 with a buy stop at 1.06650 Not a fan of news trading, but the line up is there so I'll try to snag an entry #2 level off the previous linked idea with target around the...
Thinking a neutral range, but still looking for shorts. Making an aggressive play for the 1.0588 level. Making a new Idea to update for the current trade situation, and to show a way of how the same angle blue line is copied to the green ones and spread into a 5 minute chart. Notice extreme points it lines up with. See if it follows along.... If it reaches the...
Still looking for shorts, as the overall trend is still down. Red lines show points in the downtrend. Blue lines are the framework of a possible new uptrend. Mix of Gann, Channels, Andrew's pitchfork, and then observe the distance between as Ratios like Fibonacci, but using reference points from the change point. Not real science, but I always see these things...
Previous high rejects daily level fairly strong, we trace in the direction of the other two legs on higher time we see it lines up with other jet support off the daily from the large leg up before. If we zoom out further, we can see a nice retracement happening on the weekly since the November leg. Another hint we're going down, if you look at the upwards motion...
Took an early entry at the top of the gap open, its slowly going up and breaking the top of the potential left shoulder and Friday's close, we still have a couple of ways to have a logical short entry above still, with the daily level and the smaller level it's on now, a break of the daily level will invalidate this plan, and I have an equal hedge order at the...