Plothus

Plothus

Today I was about to violate my trading plan because of being unable to recognize when I didn't understand what price action was doing. My trading plan stipulates that I can only trade when Higher timeframes (1D, 1W, 1M) are in alignment with lower timeframes (H4, H1, M15) If they're not in alignment, my strategy doesn't work. I have no way of predicting price...

Plothus

Today I was about to violate my trading plan because of being unable to recognize when I didn't understand what price action was doing. My trading plan stipulates that I can only trade when Higher timeframes (1D, 1W, 1M) are in alignment with lower timeframes (H4, H1, M15) If they're not in alignment, my strategy doesn't work. I have no way of predicting price...

Plothus

You've probably experienced this A negative trading performance. A spiral of bad trading decisions. A strategy that is not performing as expected. A helpful practice to overcome these situations is to focus on having a better process. Because results are a consequence of actions, and negative actions lead to negative results. So here's a framework to create a...

Plothus Updated 

Hi there, My bias for EURUSD today is neutral. I will assess the price if it reaches the 1.09500 area or near numbers. If the price loses downward bearish momentum/ranges and changes trends on the 1-Minute timeframe, I will look for long entry opportunities. If the price keeps pushing down and breaks below the area, I will re-analyze price for possible short...

Plothus Updated 

Hi guys! For today my expectations are really simple: - Tap on the 1.09700 - 1.09660 region and a reversal to the upside (15 Minute Timeframe) - I expect to take a long trade from around that region - This is a continuation of yesterday's expectation which you may find attached to this idea. - However, the price may be losing bullish strength and instead...

Plothus Updated 

- Price is still in a similar situation as yesterday - March 23 on the 4 Hour Timeframe. - I still maintain the bias that 1.09700 - 1.09600 is a strong area for price to reverse. - On the 15-minute timeframe, I expect the price to move to the 1.10000 - 1.10040 area range and move down to the above-mentioned strong area of 1.09700 - 1.09600. - An alternative...

Plothus

- As predicted in yesterday's analysis (March 21, 2022) that price could've gone and retested the 1.10000 - 1.09500 region before reversing to the upside. Price did exactly that (See yesterday's prediction linked to this idea.) Now, what can we expect for today? Let's see! 4H Hour Timeframe: - Price tapped the 1.10000 - 1.09500 region and is now moving up - It is...

Plothus Updated 

4 Hour Chart: - bullish order flow - Uptrend. - Price could go down until the 1.10000 - 1.09500 region before reversing to the upside, or it can simply keep pushing to the upside. 15 Minute Chart - Price found support at 1.10040: Previous area that generated strong upside momentum on March 16 - Bullish order flow: Uptrend - Price is consolidating and...

Plothus Updated 

4 Hour chart is currently bullish overall, in a pullback phase. 15 Minute Chart is also bullish overall but in a pullback phase. We are seeing some deceleration and loss of momentum in the M15 pullback, which could be signaling the end of the pullback and a possible reversal for the continuation of the overall trend. The price in the M15 chart is also touching...