NFP today, best to ask yourself if you should really be trading today. Plan: 1-wait for break and close below support zone. Already happend. 2- wait for retest. Also happened 3. wait for confirms-Also happened 4. execute sells with a 20pip stoploss haven't done any other analysis its Friday and i dont want to be in the markets. Will prepare for the week ahead...
Will be waiting for a retest. PLAN: We have already broken and closed below support zone Wait for retest Wait for confirmation on the 30min that price wants to continue moving down so wait for like a dojo or bearish engulfing candle. Upon confirmation take a sell with a 15-20pip stoploss. We do have some traffic on our way down so if i take a trade i will be...
This analysis may not look like break and retest. However on the weekly it is exactly that. I will not take this trade because the stops are way too large for me. but i do see GBPUSD heading up.
Plan- 1-WAIT for 4hr close above this support zone. 2-WAIT for next 4hr to retrace 3-WAIT for 30min key candle or even 1hr confirmation that price now wants to go up. 4-Enter buys upon confirmation. remember this 4hr candle can be a fakeout so wait for confirms. 15-20pip stops target- resistance at 1.61314 Move stops into break even and see if you can let the...
This is insane. im struggling to think how i would trade this. The best idea i see is. 1-Wait for 4hr close above resistance zone. 2-Wait for Retest 3-Wait for some sort of confirmation and try to target 80pips so atleast 1-2 trade. 4-Execute buys PLEASE USE CORRECT RISK MANAGEMENT. Cut your lot sizes if the stop is too big. £100= 0.01 lots £1.000=0.10...
okay nice, so either we are about to form a demand zone and shoot up, or we are about to drop and retest previouis broken neckline. i will be up early around 5am to execute some retest trades if they do occur.
PLAN: 1.WAIT for a daily close above resistance zone . 2.WAIT for the next daily to retrace back into or close enough to the support zone . 3.Wait for some sort of rejection on the 30min or hourly. this trade will happen quick once price comes back for a retest. So dont miss it. Risk to Reward is fantastic.
Feels so good to be back so I will be hunting the same setup as previous setups and that is BREAK AND RETEST!!!! Plan: Wait for retest Wait for key candle on the 4HR Execute sells with 30-40pip stops.
Taking momentum into account and change of obvious market structure it only makes sense for my analysis to be bearish. Ever heard of the phrase, trade with the trend? yup you should really use that phrase to your advantage. PLAN: 1.Momentum is down so im looking for a break of support zone. 2.Preferably a close below the support on the daily but if i get 4hr...
same thing over and over. im trying to grow my confidence/ my trust with my own analysis and to master 1 setup. Plan for this trade isn't any different to my previous analysis. PLAN: 1. break 2. retest. 3. wait for confirmation candles. 4. take a buy with good risk management.
Still holding buys from 1st of march got entries in on the 4hr candle. stops at 40 pips.
this trade comes under break and retest but on the weekly frame. Look at the weekly candle. it is new and fresh, so what is likely to happen? it will likely retrace right? my view is that we are going to retrace to this weekly support zone , and if we get our confirmations for buys i will take a buy with a 20-25pip stoploss. PLAN: wait for retest Wait for key...
STUNNING SETUP PLAN: PLAN: 1.WAIT for a 4HR close above resistance zone . 2.WAIT for the next 4HR to retrace back into or close enough to the support zone . 3.Wait for some sort of rejection on the 30min or hourly. this trade will happen quick once price comes back for a retest. So dont miss it. Risk to Reward is fantastic.
Another stunning setup. But do you have the patience to sit on your hands? PLAN: 1.WAIT for a daily close above resistance zone . 2.WAIT for the next daily to retrace back into or close enough to the support zone . 3.Wait for some sort of rejection on the 30min or hourly. this trade will happen quick once price comes back for a retest. So dont miss it. Risk to...
we are picking up momentum PLAN: 1.WAIT for a daily close above resistance zone . 2.WAIT for the next daily to retrace back into or close enough to the support zone . 3.Wait for some sort of rejection on the 30min or hourly. this trade will happen quick once price comes back for a retest. So dont miss it. Risk to Reward is fantastic.
i usually like to trade GBP pairs, but this oh man if you have the patience to wait then youre looking at a high probability of over 200pips. price will eventually have to breakout of this daily ranging market so heres the PLAN: 1.WAIT for a daily close above resistance zone. 2.WAIT for the next daily to retrace back into or close enough to the support...
weekly candle will need a retracement. wait for close below zone. wait for retest. wait for confirms. then... sells. good Risk to Reward :D