StewySongs

StewySongs

Morning all, I hope that you had a fantastic weekend. So on Friday I placed my first ever risk entry within a tight flag on AUD/CAD and because I'd recently backtested this pair and I therefore had documented notes on how it behaves and I knew that it'is fairly reliable where one hour flags are concerned. So I therefore knew from my testing that taking a risk...

StewySongs

Morning all. I have three pairs on watch today. The first one I'll almost certainly not be trading now which is NZD/CAD, because I just placed a market order on AUD/CAD and I never have more than 1% of my capital exposed to any one currency at any one time if my bias is the same on that currency where both currency pairs are concerned. But it's possible that...

StewySongs

Morning all. I have three pairs on watch today. The first one I'll almost certainly not be trading now which is NZD/CAD, because I just placed a market order on AUD/CAD and I never have more than 1% of my capital exposed to any one currency at any one time if my bias is the same on that currency where both currency pairs are concerned. But it's possible that...

StewySongs

Morning all. I have three pairs on watch today. The first one I'll almost certainly not be trading now which is NZD/CAD, because I just placed a market order on AUD/CAD and I never have more than 1% of my capital exposed to any one currency at any one time if my bias is the same on that currency where both currency pairs are concerned. But it's possible that...

StewySongs

Hi guys and girls. Just one pair on watch for me today. We have a nice doji suggesting a possible reversal to the downside along with some fairly solid structure. If my requirements are met then I'll be looking to get short on this pair today, however as I type we're starting to get some momentum kick in to the upside. If this continues and price pushes up to the...

StewySongs

Morning all. So I made what I think was one of my best videos ever this morning in terms of the value which I believe it would have provided you with, but alas once again I couldn't connect to a stable enough internet connection for it to upload without the uploading failing repeatedly. I was made aware of someone else on the street that I'm staying yesterday...

StewySongs

Morning all. So I made what I think was one of my best videos ever this morning in terms of the value which I believe it would have provided you with, but alas once again I couldn't connect to a stable enough internet connection for it to upload without the uploading failing repeatedly. I was made aware of someone else on the street that I'm staying yesterday...

StewySongs

Hi guys and girls. I've just spent nearly two hours trying to upload the video that I made for you this morning, but the airwaves appear to be so saturated when I'm staying at the moment that there doesn't seem to be a stable enough internet connect available for me to upload my videos without the them crashing. I tried connecting through my mum's wifi and...

19:35

StewySongs

NZD/JPY: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short either a reduced risk entry on the break of the flag or a risk entry within it. • If price only...

19:47

StewySongs

AUD/NZD: • If price corrects and a tight one hour flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this...

19:40

StewySongs

CAD/JPY: • If price pushes down to and ideally just below the lower descending trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price only pushes down to and ideally...

19:50

StewySongs

CAD/JPY: • If price pushes down to and ideally just below the lower descending trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price only pushes down to and ideally...

19:45

StewySongs

GBP/NZD: • If price pushes up above our rayline, it does so impulsively and in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan...

19:36

StewySongs

EUR/NZD: • If price only pushes up to and ideally just above our lower rayline and the last part of the move is corrective, then I'll once again be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it but I'll be hiding my stop loss above our upper ascending trend line for extra...

19:40

StewySongs

CHF/JPY: • If price impulses down below our upper rayline, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan...

19:29

StewySongs

CHF/JPY: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price pushes up to and ideally just above the...

18:14

StewySongs

CHF/JPY: • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan...

19:14

StewySongs

NZD/USD: • If price pushes down to and ideally just below our lower rayline and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price pushes up above our middle rayline, it does so impulsively and a subsequent tight...