So..! The market has been doing what I anticipated but a little earlier, leaving me behind a couple of times. Sitting me out of some really great Swings. Anyway, I see that the market has given a break a below the Key Level for me and Pulled back into the Sell Zone. Short at the current Price Level towards a Target at about 2.5 times the Risk. This is Short Term...
As with earlier post, the price seemed to may it's way higher without pulling back into my Buy Zone. But there's no change in the behavior of the Price Action. That keeps my bias stronger to the Upside. Also, the recent Rally is coming after a couple of days of Consolidation which will probably lead to a healthy rally further after the Pullback.
From the recent Swing Down, we have seen this really strong rally on the Pair. This comes from the Test of a Swing Low on the Daily Time Frame. Shows that the momentum is to the upside. Although, we are entering a Sell Zone on the Daily Time Frame, hourly shows a clear bullish strength which may take us into the sell zone in the next couple of trading sessions. My...
We have seen the price decline on the pair for over a week. Although the price has tested the Swing Lows on Daily Time Frame and failed to continue below, the Shorter Time Frame. Going down to 1 Hour, we see that the price has bounced back after testing the Higher Time Frame Support Levels. For majority, this might feel like there is a change in trend, I see...
EMINI SP has been trending higher session after session. The Trend looks completely healthy and there seems to be nothing that is contraindicating the current Major Bias. Hence, with the established Structure in context, a major buying opportunity is at the Marked Zone. The price is very likely to fall back in the direction of the trend at the zone. If the price...
Emini has been showing a Strong Rally to the Upside on Daily and Hourly has had a very neat Price Action. Looking at the Current Price behavior, I am expecting the price will stay in its course to make a move much higher. So, my idea is that the Price may Pullback to the initial Demand Zone and may Rally from there. Further Price Action information is needed...
DE being the range confirmed by FGHI and below are the expected scenarios when either of the boundaries are broken. Scenario 1 : Acceptance at boundaries - Orange arrows Break and Acceptance at boundary 'D' will give a Short setup Break and Acceptance at boundary 'E' will give a Long setup Scenario 2 : Unacceptance at boundaries - Green arrows Break and...
AB being the range confirmed by CDEF with D already giving a break on the Resistance hasn't given any Priceaction scenario of acceptance or unacceptance/rejection We have 2 scenarios at each boundary Scenario 1 : Acceptance at boundaries - Orange arrows Break and Acceptance at boundary 'A' will give a Short setup Break and Acceptance at boundary 'B' will give...
AB is a Range confirmed by CDEF. 'A' being the Support and 'B' being Resistance of the range. Swing initiated at 'H' has broken the support and given Acceptance below with candle 1 & 2. Pullback to the level A will be probable short depending on the priceaction. Target : First Target will come at 1:2 RR Second Target can be trailed with respect to...
AB is a Range confirmed by CDEF. 'A' being the resistance and 'B' being support of the range. 'GH' has broken the support and given Acceptance below with candle 1 & 2. 'HI' is the first pullback into the Range following which a Short is taken on the Test of the Support level from below. Target : First Target will come at 1:2 RR Second Target can be...
The chart shows AB being the range confirmed by CDEF (inside pivots of swing AB) We have 2 scenarios at each boundary Scenario 1 : Acceptance at boundaries - Orange arrows Break and Acceptance at boundary 'A' will give a Short setup Break and Acceptance at boundary 'B' will give a Long setup Scenario 2 : Unacceptance at boundaries - Green arrows Break and...
USDJPY is showing a very high probability Short Setup on the 1 Hour Chart. Strategy: The chart shows a Horizontal Line which is drawn from the Higher Time Frame Chart (Daily Chart if the Trading Time Frame is 1 Hour Chart) from the Historical Data. The point where a Swing is initiated which breaks the most recent Swing Point and gets accepted following the break...
GBPUSD chart is showing a combination of strategies of which ABCD being an Up-Trend and CD being a Range (will explain when a trade is formed on that strategy) since it houses more than 4 pivots within a single swing, CD. Now, when a chart shows a combination of strategies, we always have to consider the latest structural development. In the current chart, a Range...
A few concepts about my Price Action Strategies will be revealed as I keep posting the charts. Initially, I used to trade Discretionary Price Action which lead to many disciplinary problems. Hence, I gradually moved my Price Action Trading onto a more Rule Based Price Action Strategies (Rule Based Market Structure with Discretionary Entries and Exits). Coming...
So..!! What is EURUSD doing on 4 hours chart..? After a drastic fall to the new lows of the year, the pair found a support on thin air and pulling back. Now this pull back is evidently weak and is heading towards a minor sell level. How to engage...? Selling the pair at around 1.05210 region gives a really awesome Risk to Reward. It's always better to wait for...
With EURCAD having headed a long way down has seen a slight support around 1.3000+ region. The region seems to have held really will with impulse buying. Observing the Price Action on the pair, we saw an extremely strong selling from point '1' on the chart which happens to be a rejection from ST Resistance 2. Further, as the pair progressed through time, the...
Looking at the price action on the EURGBP, there seems to a breakout in sight. Considering the recent price action on the 1 hr chart of the pair, we can see that the pair, after making a touch on 20EMA at point 'A' ran up to .73600 region at point 'B' only to stop and reverse. Further, we could see that the pull back following this impulse move kept getting...
It looks like USD and JPY are playing ball with each bounce weaker than prior. If we look at the price action on daily, it is evident that the pair is resting its support on a constant floor making lower highs with successive bounce. The squeeze is getting tighter as the pair is leveling on the support. Even when US is fundamentally strong, it is failing to gain...