I see that it is too late to hop into this pair, the end of the 4th wave is coming so therefore I'll be speculating where price goes to not just next but potentially after that to gain the most profit possible with the data given. If price decides to push down and show some sort of switch in momentum then depending on what data comes from the exhaustion will give...
On this pair I've decided to be generous enough to go even more in depth than only a 1 sided analysis, regardless I always look for 2 opportunities in every pair just to be prepared, that is when RR comes into play the most. I'll be playing the Squeeze Breakout Strategy this week for the Euro, either side price decides to break out of, I'll be waiting for a...
Will be anticipating a Temporary Bearish Wave to complete this Channels Correction Pattern. In the current week of trading I'll speculate price action to make its way further below to meet my Bullish Market Conditions for an Optimal Risk-Reward Trading Idea. Patience plays the highest role in this pair. 5:1 / 6:1 Min.
Waiting for a Full Retracement (TrendLine + Fib %) for entry.
Waiting for Price to break out and show some definition to enter short on Gold.
Waiting for Price to Breakout of this minor trend line holding price orders, in order to enter with precision and proper Risk/Reward. I have to wait and adapt to the market conditions that show when the market opens, by adapting means by adjusting the trading idea as price flows closer to support if it decides to. Get your Buy Stops ready is all I'm saying.
Price seemed to have pushed enough also showing loss in momentum when reading the candlesticks presented, after a push comes an exhaustion and that is what I intend on allowing to happen before entry in this pair. In the scenario price does not exhaust its way to the 38% on Fib then the next scenario would be to enter the exhaust if price decides to break out of...
At the opening of the market I'll be speculating price reaction as price makes its way into the triangle looking for Long Confirmations. Patience will play a big role in this pair as I expect price to take the majority of traders into an emotional rollercoaster, candle stick confirmation, Risk/Reward & Price Patterns will play a big role in this entry if reached.
The pair above shows clear definition on what it wants traders to believe and assume will happen at the Opening of the Market. Ideally traders will enter short from the get-go due to the Bearish Inverted Hammer located roughly around the 38% Fibonacci which is key for Strong/Major Trend Continuation. We will have to proceed a little smarter and with a little more...
Using the Market Structure in the pair above we realize price closed at a degree where both sides of the battle will be in a bit of a tug of war situation. The idea of entrance ideally would be very aggressive in these circumstances but using proper risk/reward, an entry can be found in lower timeframes that allows the trader to come out with profit. Looking left...
Traders are finding themselves lost in the market lately and its time to start gaining confidence on how the Stock Market is regaining its confidence in the market and it seems to be that US30 is having a hard time dropping points. This swap zone is a perfect opportunity to buy noticing that in historical data there seems to show lots of momentum come out of this...
Earlier last week RiosTrades entered in a Small Short Run for this pair and got out due to potential reversal. This week we look at the market opening ourselves to where price can go (either side, look for reasons as to why price may go the other way). This upcoming week I believe the USD has been doubted for long and will commence in rising, these exotics all...
Trading is not 100% knowing where the market will go to but it sometimes means with proper fund care you can enter special opportunities such as this one. Price is at Support deciding to break above its local minor resistance which gains my interest, I believe price may struggle to push ahead certain price ranges but confident that the Greenback will push ahead...
Price is reaching a very interesting position in the market where price is looking to make its direction clear whether it'll push any higher creating higher highs or respect historical data and we can expect an intense push to the downside.
Not excited but looking forward to this pair as there are many opportunities to make money here in 2 scenarios as presented in the chart. With proper lot size (consistently use 1 lot size and don't revenge trade by placing a higher lot size to make up for loss pips/capitol) we can accomplish an outstanding bullish run regardless if our initial idea gets stopped. I...
Looks like price is making its way to a squeeze in a sensitive price point where price can very well fly or drown. I have planned out 2 entries incase price decides to drop below our price pattern both aiming for 3:1 RR or higher.
Coming into this new week of trading I'll definitely be speculating how price reacts in this congested area of PA. I'd like to enter once price confirms my predictions on where price plans to go in the future before this happens we must wait and see what this pair brings to the table. First we let price break out of its Price Accumulation then read candle stick...
Patiently allowing Price to react to hitting its support mark or waiting to find a breakout of its minor descend trend line potentially putting us in a great RR opportunity for this pair. The most logical entry would be close to our Entry Speculation Region instead of gambling our capitol.