Tony_pon_deck

Tony_pon_deck

IM GOING IN FOR TWO LONG TERM SHORT POSITIONS ON THIS PAIR....ILL ALSO BE TAKING A SHORT TERM TRADE ON THE H4 SO STAY TUNED, FEEL FREE TO FOLLOW ME IF YOU HAVENT ALREADY, ILL BE TAKING THIS DOWN TO THE DAILY CHART TO GIVE MY VIEW OF THAT NICE ASCENDING CHANNEL

Tony_pon_deck

MILKING MY PIPS FROM THIS PAIR AS MUCH AS I CAN...I'LL BE LOOKING FOR A RETEST OF THE TRENDLINE TO PLACE ANOTHER SELL TRADE

Tony_pon_deck

EVENTUALY PRICE WILL BREAK OUT OF THIS RANGE, AND ILL BE HERE TO GET THE MOST OUT OF IT

Tony_pon_deck

TOOK A NICE TRADE HERE ON MONDAY...I'LL WAIT FOR A RETEST OF THAT LEVEL AS A SUPPORT BEFORE GOING IN LONG AGAIN

Tony_pon_deck

LETS ALSO SEE IF I CAN COVER MY LOSS ON THIS PAIR, ILL WAIT FOR A RETEST OF THAT LEVEL THEN LONG....THE 50 S.M.A IS BELOW PRICE ON THE DAILY CAHRT, SO I'LL LOOK TO GET THE MOST OUT OF THIS LONG TERM UPTREND

Tony_pon_deck

WELL IVE RECOVERED MY LOSSES ON THIS PAIR...LETS SEE IF WE CAN GET A BREAK OF THAT RESISTANCE THEN LONG AGAIN

Tony_pon_deck

AFTER TAKING 2 SOLID SELL POSITIONS ON THIS PAIR...PRICE JUST HIT MY T.P SO IF I GET A BREAK OF THAT PREVIOUS L.L THEN A RETEST, ILL GO SHORT AGAIN

Tony_pon_deck

ILL BE GOING IN LONG AFTER STRONG REJECTIONS FROM THAT PREVIOUS RESISTANCE, I KNOW THIS TRADE IS A BIT RISKY...BUT RISK MANAGEMENT IS WELL OBSERVED

Tony_pon_deck

WAITING FOR A BREAK OF THIS RESISTANCE LEVEL THEN A RETEST BEFORE GETTING IN LONG...SEEING A BREAK AND RETEST WILL BE A GREAT CONFLUENCE TO THAT DOUBLE BOTTOM PATTERN THAT IS ABOUT TO BE COMPLETED

Tony_pon_deck

STILL WAITING ON A BREAK OF THIS MINOR RESISTANCE BEFORE GOING LONG..

Tony_pon_deck

IM SHORTING THIS PAIR...I CAN SEE A LOT OF REJECTIONS FROM THE TRENDLINE...AND THE WHOLE CONCEPT OF BREAKS AND RETEST CONFLUENCE WITH THIS SETUP SO!

Tony_pon_deck

LOOKING FOR THAT PUSH UPWARDS TO THE TRENDLINE, THEN REJECTIONS BEFORE GOING SHORT AGAIN

Tony_pon_deck

LOOKING FOR A RETEST AFTER THE BREAK OF THIS LEVEL THEN LONG...I KNOW MOST OF YOU WILL SAY IT'LL BE FOOLISH OF ME TO TAKE ANY U.S MAJOR TRADES, BLAH BLAH BLAH, I KNOW, THAT'S WHERE RISK MANAGEMENT COMES IN 1:2.5 TRADE WITH 0.5% RISK...WHAT MORE COULD I ASK FOR?

Tony_pon_deck

PRICE ON THIS PAIR HAS BEEN MAKING L.L AND L.H SINCE THE HEAD AND SHOULDER REVERSAL PATTERN EMERGED, WE CAN SEE HOW PRICE HA RESPECTED THAT TREND LINE, PRICE HAS ALSO RESPECTED MARKET STRUCTURE, ITS ABOUT TO TOUCH THE TRENDLINE HOPEFULLY WE'LL SEE REJECTIONS THEN SHORT. CHECK MY PREVIOUS ANALYSIS ON THIS PAIR TO GET THE FULL GIST

Tony_pon_deck

PRICE ON THIS PAIR IS IN A ROUND BOTTOM PATTERN ON THE DAILY CHART...ILL WAIT FOR A BREAK OF THE NECKLINE BEFORE GOING IN LONG FOR THEM LONG TERM PIPS

Tony_pon_deck

ROUND BOTTOM PATTERN SPOTTED ON THE DAILY CHART...ILL WAIT FOR A BREAK OF THE PATTERNS NECKLINE THEN LONG...