daily forecast on a WC! i see this as a good risk to take given the confluences of the higher time frame not breaking that high, so their is a likelihood of price moving back to the upside. given the structure and the price action on the higher time frame i can see a last leg forming to an ascending structure. an entry can be made out on the 4H in the form of a...
a form of backtesting that is used to identify patterns and structures in historical data. a good form of backtesting if you haven't got the knowledge or experience to utilise the bar replay as of yet. Any questions please feel free to drop me a message :)
Few pairs on watch for the week ahead, some may take more time as structures may develop but dont sleep on these, just monitor and keep a steady eye on when to flip the weighted coin. drop me a message for infomation on where i learned to trade.
in accordance with my previous forecast where i took a BE and some profit out of the short from, price is now at the 90% rule of the structure, where i am looking for price to break the low before moving in the forecasted direction long. if price is to form an element of structure leading to the third touch breaking the low to the left (the 90% rule) i will be...
hi everyone - haven't posted in a while but im back on the charts! looking over the pairs NZDCAD has caught my eye, after breaking an ascending structure on the daily sitting nicely in the amber zone. price shows a clear 'scoop' (double top) with an element of structure that can be seen approaching the value area on the 4H. i am looking for an entry in the green...
Hi everyone! deep into a journal review and noticed a few things that i want to start preparing in my morning forecasts! take a look at what i have on watch for today! hope you're having a good week! Connor
CAD/JPY is looking interesting and is on close watch for me. ive seen previous price action like this before and with in the current corrective channel that we're in. price could be formign a head and shoulders pattern, that you can take in numerous different ways. price could form into a larger expanding structure where you could take the possible and the...
an update on yesterdays analysis: price forms patterns that repeat them selves, and with these patterns that repeat them selves we can establish potential entries, and forecast entire moves. in the video you can see me analyse the larger descending structure, with the ascending structure at the last leg. to add confluence to the larger structure, with in this...
Hi everyone! just started doing my analysis for the week ahead, and noticed a potential few moves coming on AUD/NZD. a short position next week on the middle section of a descending structure with in the ascending structure, we could also nab a counter trend long, to the third touch of a running channel before a longer term short position with the higher time...
heres my analysis on the major EUR/USD. you can become complacent and just do your analysis from week to week or when every you guys do it, but sometimes you have to look at a pair in a little more detail. this weekend ive looked at EUR/USD's price action in the past and the potential move that we could get. a lot of people would say this is ambitious, although...
if anyone's read trading in the zone they will know that price action repeats its self, but the build up of those patterns are unique - i believe two pairs this week could be repeating previous price action that we've had in the past! - its just an idea, and something my eyes picked up on while breaking down the pairs im watching this week! have an awesome week...
a break down of the potentials that i am looking at this week! looking at also starting to push my HP to Valid ratio more to the HP side after reviewing some trades in my journal! theres some nice potential in the markets this week and the last thing i want to do is start taking sub par trades and tying my hands after ive used my 2% threshold! enjoy!
quick breakdown of my entry into NZDJPY, a crystal clear entry for me, congruent with my plan and a reason why quick tips season 4 has been a game changer for me! any comments on anything you feel i could be doing to improve my breakdowns drop me a line, let me know what you've taken away!
utilising a few things on this chart to find a potential buy set up, at different states of consciousness , a WC (wildcard) for me this week as there are other pairs shaping up very nicely! Take a look, any comments or things i have missed drop them in the comments section below! hope you all have an awesome week!
this really helped me a few weeks ago to start picking patterns out on charts! i was set this task by an experienced student, and i haven't stopped doing it since! take a watch, give it a go and watch how quickly you can pick up patterns!
i took a trade this week on AUDJPY that resulted in a loss that had many confluencing factors to take. in my eyes this turned out to be one of those losses down to probabilities, these happen and this marks my progression when i can recognise that these things happen. to note i felt 0 emotions at the loss. a trade i'd take over and over again until my data tells...
yesterdays didnt set up, is what it is! these things happen and you just go onto the next day! simple! take a look - this is how i see these shaping up!