Timing_Solutions

Timing_Solutions

Price is still within rising green TW. Thus, the only thing we have to do at this time-frame is to shift buy stop level: buy stop 1.1575 SL 1.1100 for brown TW; buy stop 1.1450 SL 1.1100 for red TW. Any sales are within lower levels and short-term.

Timing_Solutions

Well, any low might be green 2.1 marker and our trading strategy is coming from this assumption. Yet, to trade current time frame we place buy stop order at 1.1580 and shift SL only while price falls down to a new low. The next TW we may trade in long is red one with buy stop order at 1.1450 which is far as well. Thus, if price pushes down further below 1.1175 it...

Timing_Solutions

Still without sufficient dynamics the pair continues to decline. To trade current time frame we place orders at crucial levels of the last rising tendencies: sell stop 1.2770 SL 1.3385 for red TW and sell stop 1.2390 SL 1.3385 for brown TW.

Timing_Solutions

Out of trading.

Timing_Solutions

All long positions were closed at 1.1275 as was suggested yesterday. Now we're waiting for corrective cutback within rising blue TW. It must ends above 1.1180 to leave the scenario in work. Thus, wait and place preliminary order to trade blue TW buy stop 1.1325 SL 1.1175.

Timing_Solutions

Wait for blue 1.1-2.1 line is finished to place the order to trade blue TW OR place sell stop order at crucial level 1.2960 SL 1.3385. Grey TW is out of trading for now.

Timing_Solutions

All previous SL for current deal are shifted to 1.3120. Out of new trades since I expect upward correction within TW of higher level. After that I'll continue to add sales.

Timing_Solutions

Wait for our orders get in work for blue and red TWs: sell stop 1.2960 SL 1.3385; sell stop 1.2770 SL 1.3385.

Timing_Solutions

Current scenario is in work till price holds above 1.3000 (green 2.1 marker). Only brown TW at M5 is available to trade for now: buy stop 1.3070 SL 1.3030.

Timing_Solutions

Continue to wait for our orders get in work (parameters were determined yesterday).

Timing_Solutions

Continue to hold long position. Rising green TW is not available to trade as we trade first TWO markers only. Brown TW has accomplished setup to trade long: buy stop 1.1325 SL 1.1300 (or below while price is falling but above 1.1278)

Timing_Solutions

To trade blue TW place order sell stop 1.2975 SL 1.3380. For now let the market talk.

Timing_Solutions

Little changes. There is setup to trade rising brown TW: buy stop 1.3120 SL 1.3060. Green TW is not allowed to trade in long.

Timing_Solutions

We do not exactly know the levels of currently rising waves. Yet to trade them we may place orders at crucial levels: buy stop 1.1450 for red TW and buy stop 1.1335 for blue TW. SL for both orders is placed at 1.1180.

Timing_Solutions

Keep holding your long position shifting SLs to 1.1275 for both green and brown TWs. Further growth might be limited at this time frame as more sizable correction might occur.

Timing_Solutions

Continue to sell GBPUSD. For now at this time frame we have the following accomplished setups: sell stop 1.2765 SL 1.3385 to trade red TW; sell stop 1.2395 SL 1.3385 to trade brown TW. Let the market talk.

Timing_Solutions

I'm still bullish for EUR but additional week of flat consolidation means highly non-symmetric structure of downward brown TW at D1 time frame. Thus, I plan to follow my basic scenarion of further growth, yet, get ready to sell the pair if price falls to 1.1290; 1.1228; 1.1205; 1.1180. Actually, these levels might be considered as entries for sell setups. ...

Timing_Solutions

Next week buy stop order parameters for this time-frame will be determined and placed.