We got the big push down as forecast at the start of the week. This presented us with several short opportunities along the way. I will now be looking for price to pull back up into the Discount before looking to go short again. I will also be open to short term longs if they present on the way up to the Discount area.
We got the big push down as forecast at the start of the week. This presented us with several short opportunities along the way. I will now be looking for price to pull back up into the Discount before looking to go short again. I will also be open to short term longs if they present on the way up to the Discount area.
Price has behaved exactly as expected so far this week and presented us with several opportunities. This was a clean short taken last night, exactly as forecast at the beginning of the week. Price pulled back to 50% of the main move down and then gave us a confirmation entry on the lower time frames. We are still in a higher time frame down trend, however price...
Price has behaved exactly as expected so far this week and presented us with several opportunities. This was a clean short taken last night, exactly as forecast at the beginning of the week. Price pulled back to 50% of the main move down and then gave us a confirmation entry on the lower time frames. We are still in a higher time frame down trend, however price...
Just posting an update on Trades taken based on yesterdays Forecast. Actual entries are taken on a lower time frame, The overall bias on the HTF is still short, so only targeting the top of each 15min range that the trade was taken based on.
Just posting an update on Trades taken based on yesterdays Forecast. Actual entries are taken on a lower time frame, The overall bias on the HTF is still short, so only targeting the top of each 15min range that the trade was taken based on.
Just sharing a potential scenario for the week ahead on EU. As always my bias can and will change as we get more recent price action. But for now using the information that we have this is how I am seeing the market. The Daily trend is still down, so we are expecting a pull back to form a new Daily Lower High before continuing the down trend. This bias means...
Just sharing a potential scenario for the week ahead on EU. As always my bias can and will change as we get more recent price action. But for now using the information that we have this is how I am seeing the market. The Daily trend is still down, so we are expecting a pull back to form a new Daily Lower High before continuing the down trend. This bias means...
Currently in EU asian sweep short. Daily is still in a down trend. Nice sweep of asian highs followed by a 5min trend change then 1 min Trending entry. Also in the premium discount / range edge of recent price action.
Currently in EU asian sweep short. Daily is still in a down trend. Nice sweep of asian highs followed by a 5min trend change then 1 min Trending entry. Also in the premium discount / range edge of recent price action.
This chart gives you a brief explanation around how we read price action on EU across multiple time frames. It is always important to look at price action on a Fractal level across multiple time frames. Understanding the main trend, main ranges will help you to identify key Areas to trade from and also key areas to target for Pts. Sometimes knowing where to...
This chart gives you a brief explanation around how we read price action on EU across multiple time frames. It is always important to look at price action on a Fractal level across multiple time frames. Understanding the main trend, main ranges will help you to identify key Areas to trade from and also key areas to target for Pts. Sometimes knowing where to...
Just posting a quick analysis to follow yesterdays forecast. This trade set up just after the forecast that was posted yesterday. At the time the forecast was posted we were still in a down trend on the 15 and 5 min time frame, and we had a 1hr range marked on as the area to go agressive at. Because price had rebalanced to the 50% of this range we knew price...
Just posting a quick analysis to follow yesterdays forecast. This trade set up just after the forecast that was posted yesterday. At the time the forecast was posted we were still in a down trend on the 15 and 5 min time frame, and we had a 1hr range marked on as the area to go agressive at. Because price had rebalanced to the 50% of this range we knew price...
EU has a few key areas of interest to keep an eye on tonight. We have pulled back to the 50% of the main push up and now we potentially have a clear run to push up and break the main weak high. Will look for aggressive longs from the key area. But we way go earlier and then we will look to get in as we are trending. Anything could happen will have to wait...
EU has a few key areas of interest to keep an eye on tonight. We have pulled back to the 50% of the main push up and now we potentially have a clear run to push up and break the main weak high. Will look for aggressive longs from the key area. But we way go earlier and then we will look to get in as we are trending. Anything could happen will have to wait...
Last nights price action is a perfect example of the importance of correct risk management. All 3 entries taken last night ran to roughly 3% and then reversed. Due to correct risk management all 3 of these trades resulted in Break even results instead of full losses. Finishing the night at break even instead of -3% is not a huge difference $ wise but also a...
Last nights price action is a perfect example of the importance of correct risk management. All 3 entries taken last night ran to roughly 3% and then reversed. Due to correct risk management all 3 of these trades resulted in Break even results instead of full losses. Finishing the night at break even instead of -3% is not a huge difference $ wise but also a...