Potential Asian sweep entry Asian range must stay nice and tight and not go any higher. Looking for an entry off the 1hr IMB fill level or deeper into the 1hr OB Entry will be on the lower time frames, Confirmation entry Risk to reward must be 5 to 1 to the Asian session highs to be worth taking.
Watching for a potential Asian Sweep entry: Entry Criteria: -Need Asian session range to stay compact -Need a confirmation entry at my point of interest -Need a risk to reward of 5:1 or greater to take profit target.
Looking for a continuation flag long. We have a very clear impulse to the upside followed by a clean counter trend move. Looking for the retrace candle to enter.
Example of 2 very clean continuation flags taken this month. Showing the importance of more frequent smaller % wins rather then holding out for bigger moves.
This was a clean continuation flag short taken earlier today. Showing why i trail my stop tight after running a few % rather then pushing for bigger moves. Now price has retraced looking to see if we break into an uptrend and then i will be looking for a Flag entry long.
Will be watching this close after market open to see if we can get a nice Rejection Flag entry short. Looking for very similar price action to what we had a week ago. will be aiming for just under 4% profit if the entry ends up happening.
Will be watching this close after market open to see if we can get a nice Rejection Flag entry short. Looking for very similar price action to what we had a week ago. will be aiming for just under 4% profit if the entry ends up happening.
This is a perfect example of a continuation flag entry on EU that was taken earlier this month. The fact that it was the first flag after a 1hr trend change, as well as also being the first flag out of a descending channel Means that this was a high probability trade.
This is a perfect example of a continuation flag entry on EU that was taken earlier this month. The fact that it was the first flag after a 1hr trend change, as well as also being the first flag out of a descending channel Means that this was a high probability trade.
Now that we are starting to get some momentum to the downside, Out of a clear corrective channel. Will be watching price very closely for the next hour or so to see if we retrace or if we continue lower and give an entry
After never getting an entry long my bias has flipped and we have a a possible short term sell. Clear mini trend change so will be watching to see if we form a little flag to try and take to the down side. Will only be aiming for 40 to 50 Pips if we get a nice entry
After never getting an entry long my bias has flipped and we have a a possible short term sell. Clear mini trend change so will be watching to see if we form a little flag to try and take to the down side. Will only be aiming for 40 to 50 Pips if we get a nice entry.
Price has given us a clean impulse out of a corrective descending channel . Looking for a continuation flag entry to take long and will be aiming for 4 to 5% if we enter the trade
Price has given us a clean impulse out of a corrective descending channel. Looking for a continuation flag entry to take long and will be aiming for 4 to 5% if we enter the trade
This is a perfect example of the Set up that i was looking for yesterday on EJ when i posted the forecast. At the time of posting the Price action was looking identical however over the next few hours the FLAG failed to form never giving us an entry.
Still requires more development however we are getting to a key area and starting to form a nice pattern. Will not try and call the top will wait for the market to show momentum to the downside on the lower time frames for the entry. Hope to see a bit more of an ascending corrective nature before the move down.
This is a perfect example of a Continuation Flag (CF) That was taken last month. Although each pair that we trade has a slight variation to how it forms a CF. The fundamental parts of each set up is exactly the same.
Still needs further development before taking the trade. Impulse could be better so will only be taking the trade if the flag that forms is nice and tight.