Still holding buys with more entries... Looking for price reversal in current area. Monthly FVG exhausted...
If price takes out the blue line we may be starting a bearish trend, if we do not take it out then we may be looking to target liquidity above (highs) and probably higher... In other words price will continue rally up
Decided to share a less complicated chart for your analysis and debate on my bias and idea. Feel free to comment
Hey y'all as you know I'm only trading the EU and I believe that gives me an edge by allowing me to be able to only focus on 1 pair and really check it deeply so I can be able to see the best possible opportunities to invest. Here in this example I illustrate that we're looking for higher highs and higher lows, which constitute an up trend, the two circles...
Under normal circumstances I would not trade news events although I am fully technically based I would rather trade after. This was an early entry but stop loss is strategically placed to compensate. What's your take?
News day, Friday still expecting that reversal, watching this area the whole week, check back at previous posts to see entry planning.
Price consolidating inside my discount zone ahead of USD CPI. Early entries in and holding through news event. Fingers 🤞🏾
Buy stop already setup. EU has entered my discount area, check previous post so see the area.
Waiting patiently for buys, when I get a discounted price, only then will I consider buying. Consider as well we are currently reacting on fair value gap (FVG) on a strong timeframe, the monthly as well as H4 and unmitigated H1 FVG inside the discount area. I have more confidence but to illustrate my point check out the chart considering also support and...
Check previous posts in this channel for more insight on overall direction. The monthly FVG area is a very important and a strong key area. Most analysis done on higher timeframes, nothing lower than H1. If H1 FVG is respected. Bullish continuation commences. Enjoy.
Sentiments bullish against the dollar on this pair. Price reacting to important areas, key areas in which have multiple confluences, support, fair value, order blocks etc. NFP will determine the short direction tomorrow but will be met with heavy resistance, after which I will continue to be bearish on this pair
Signal given out on Friday 27 Sept. Still holding and in profit... Follow, like for more.
Trade update.... Make sure to follow and like for final results and more ....
Still holding my first trade displayed here but also I've had opportunities to enter more sells at low just created. Theoretically I could move SL to that low but my strategy calls for extreme discipline so I will keep it there until TP hit if we get TP. Follow for more.
M30 FVG. Currently highest timeframe FVG is on H1 however there is no support, but a few pips lower is support on M30 timeframe, further confluence is FVG and previous unmitigated liquidity giving me a tronger arguement against bearish moves. Buy @ own risk. Please read disclaimer I will post results of this trade after TP hit. Follow and like. Thanks 🙏🏾
I do not sculp, more of a day trader, swing trader... I've been bullish on EU for the past 2 months, currently holding buys since Wednesday after closing Fridays buys. Expecting more buy entries local South African time. Price 11580 buy. This is not a signal only observation and technical analysis don't take my trades on real account unless you choose to. All...
I know my stop loses are ABIT high, but we want to be realistic and we also want to set ourselves up to win atleast 90% of our trades. The RR is not the best but the strategy is secure.
South African time 15:00h I'm expecting to enter immediate sells. Check more analysis and results in the page.