Closed out previous trade in profit ahead of NFP. Here is my plan to get back in Trade safely!
BTCUSD day trade plan Arrows would be trigger IF it follows plan Can compound position if we get both triggers, moving stops to break even when first position in profit and closes & holds above mid-range
Arrows would be the trigger IF it follows to plan Hugely overextended after yesterdays run CAD also showing strength on other majors
$AUDCAD day trading plan Arrows would be the triggers IF it follows plan
$AUDUSD day trade plan Arrows would be triggers IF it follows plan
$EURGBP day trade plan Be careful with FOMC Arrow would be trigger IF it follows plan
$SPX $ES - Targets hit and gap filled. Two scenarios here, with the flush being favoured due to the chart looking overextended. IF we get the first scenario, I’d like to see a strong bullish MS form above 3935 before entering. Nothing clear for a bearish scenario atm
$BTC - seems like the narrative is that we continue to get scam pumps on the weekend. Higher lows getting closer and closer, I’m going against the narrative here and betting on a breakdown this weekend
Wrong on previous long, closed for half an R Flipping bias Shorting ETH here Be careful with FOMC
$BTC - I think $ETH proved that a bounce at the previous cycle would of been simply too easy, can only imagine the amount of buy limits that were set there. I do not think previous cycle highs hold as support, instead I think maybe something like this first, a flush with a CME gap fill while it’s down there
Local low potentially in - this bounce is likely profit taking from the bears Short term long plans look good to go with decent R:R
Eyes on gold for a shorting opportunity if this current level breaks below and holds
DeFi 1.0 Bluechips starting to show life again, SNX looks good here for a buy Targets are 13.59 & 22.362 Invalidation would be a daily close under 4.5
GBPUSD has turned daily support in to resistance Also in confluence with a downward trend line Shorting here with tight stop Targeting weekly support Moving stops to break even when trade hits 1:1 Closing partial profits with each 20% move
EURJPY has broken downtrend with a break of falling wedge and has retested daily support successfully Buying now Targeting 129.477 Resistance first, in which I will close half position then set SL to break even with final TP at daily resistance of 130.421 EURJPY is in an overall downtrend so will look for shorts at daily resistance if all goes to plan
Gold recently had a takeout against the very strong daily resistance in confluence with the 4H Swing high to swing low fibonacci retracement level 0.328 matches perfectly with daily resistance Waiting for gold to come back to daily resistance Great R:R *IMPORTANT* - to avoid being stopped by another fake-out, wait for price action at resistance to confirm...
Gold recently had a takeout against the very strong daily resistance in confluence with the 4H Swing high to swing low fibonacci retracement level 0.328 matches perfectly with daily resistance Waiting for gold to come back to daily resistance Great R:R *IMPORTANT* - to avoid being stopped by another fake-out, wait for price action at resistance to confirm...
Gold recently had a takeout against the very strong daily resistance Swing high to swing low fibonacci retracement level 0.618 matches perfectly with daily resistance Waiting for gold to come back to daily resistance If price rejects this level with either a 1h wick or a double top on ltf (m5) - will short down to previous swing low, taking profits at each FIB...