alitrading_

alitrading_ Updated 

GJ showing me some good imbalance between buyers and sellers. why? -past few days (excluding saturday) GJ has been unable to break any further to the downside. -i see too much weakness from sellers. - 21st Feb look how weak bears were, the candle bodies are not closing below the wick of the 20th Feb candle wick. PLAN- 30min wait for close above my minor blue...

alitrading_ Updated 

we have had a clear break and close on the 4hr. momentum is clearly bullish. WAIT for a retest and execute, ignore trade if there is no retest.

alitrading_ Updated 

hourly entries missed do not enter mid range entries should have been somewhere around support zone

alitrading_ Updated 

entries missed otherwise we are about to fly to the moon

alitrading_ Updated 

we may or not get a minor retest otherwise heading down. we have made a now low, expect the range on the left to be filled.

alitrading_ Updated 

wait for retest, we are trading with momentum, DO NOT counter trend trade, the trend is your friend so we will wait for a pullback, then wait for confirmation on the 4hr at my plotted support that price now wants to reverse and we will take buys.

alitrading_ Updated 

Bulls showing significant weakness at this level they look exhausted to me. From what the market is telling me, GJ should be heading down and my analysis on EURAUD should also be correct euraud should be heading up. GJ has also failed to break this resistance level for the past few days, so ask yourself this. IF IT CANT GO UP, IT MUST GO......... PLAN: 1-Wait...

alitrading_ Updated 

ive briefly explained this in the analysis. keep in mind we are due for a retest or whatever as gbp pairs are showing signs of exhaustions. anyways well ive got to go work. that slave life right...not for long though ;)

alitrading_ Updated 

as expected price has dropped back for a retest. RIP to those who took buys. This seems like an asian trade to me. wait for 4hr close and enter upon confirmation candles. Do not jump into buys without confirmation.

alitrading_ Updated 

damn my battery is on 5% dont think ill be able to update all GBP analysis. Wait for retests thats all i have to say. GBPUSD you can see anyone who took buys upon that daily close are now either stopped out or probably praying ;) wait for a retest and enter upon confirmationn. Risk is quite high with 50pip stops but the reward looks juicy. so take sensible...

alitrading_ Updated 

Patience pays, remember every level will eventually be broken. got some positions in (0.01 lots) there are 2 scenarios here. 1.My stops will be hit. 2.My tp will be hit. either way i have accepted a loss before ive accepted a win. Abit of advice from a noobie, before you take a position dont have expectations. so dont go into a trade with winning in mind....

alitrading_ Updated 

oh man this looks good. will be following my normal plan. break and retest. 1.i need a 4hr close below this zone. 2.wait for retrace into zone. 3.wait for confirm candle. 4.execute sells if you get a bearish candle or something like a doji which will show you indecision in the market. Remember, this current 4hr candle will pullback as it gets nearer to close it...

alitrading_ Updated 

;) RIP TO SELLERS LOL. AT RETEST POINT WE GOT NO KEY CANDLE. SO NO TRADE

alitrading_ Updated 

its just what i see. bullish momentum, retest and continuation. lol i need a break from charts.

alitrading_ Updated 

can you wait for the 4hr close? ;)

alitrading_

stunning. We have our break. this trade will be good to take tomorrow. so wait for this daily to close above this resistance zone. Then wait for the next daily candle to retrace. wait for confirms and execute once price shows you rejection candles or key candles to tell you it is now going back up. you can also see we are picking up momentum. this is also where...

alitrading_ Updated 

okay so previous gold analysis my zone was alittle lower, i expected a retest into that zone, but clearly we smashed through and we can see price is now retesting the original structure it broke. i will be waiting for the 4hr close i mightt also take a sell if i get a close below 1324.430.

alitrading_ Updated 

finally some sell setups. Gold wait for retest. will execute sells around 5-6am ish so weve closed below support zone. This is the Plan: 1. Wait for retest of zone or 200EMA 2. wait for key confirm candle at retest zone. 3. execute sells with a 20pip stop.