erikgtFX

erikgtFX

following the monthly lows we saw price still respecting the bearish market structure and after creating new lows and lower highs we saw a build up of price rejection in our key level of support and resistance , we also respected the gold level on our fib , we then Waited to see price break to the downside risk 1%

erikgtFX

GU trade with 5 conformations * EMA showing price has selling pressure * 3 timeframe showing price is going short * gold zone on fib level respected * support and resistance respected * market structure creating lower lows and lower highs * break of structure to the downside risk 2%

erikgtFX

as we have seen price bearish on higher timeframe and we have recently just had a break of structure creating new lows we have waited for price to pull back up to our key area and we have also respected our gold zone on our fib , we have created a head and shoulders and a lower high telling us price should carry on to the downside risk 1%

erikgtFX

we saw GU create new lows and still see price bearish on the daily and 4hr so once we broke structure to the downside we waited for a retracement to one of our support and resistance area and also had price respecting our gold zone on our fib we then broke down out of consolidation on the 5min and got our entry targeting the recent low . rick 2%

erikgtFX Updated 

On EU we have seen a push to the upside and price gaining strength as we break structure to the upside with this bullish push on the 15 min we also see on the 4hr price create lower highs and higher highs , we have our fib zone respected well and also a key level of support we have a TP one where we may close or just take partials risk 1%

erikgtFX Updated 

on the h4 we see price bearish and still pushing to the downside as it broke though the support and we are now looking for it to pull back into the area before pushing back down to our old low and we see price going to 1725 we are still respecting the market structure on 15min and have our ema and fib zone that support this area risk 1 %

erikgtFX

we see price here respecting the lower highs and creating new lows also respecting our key level and gold zone on the fib

erikgtFX

we saw price break sturcture and create new lows so we then looked for a pull back in price to one of our key level of support and resistance , this level also respected the gold zone on our FIB , we then waited for price to show its not break any new highs and for a change of character to the downside risk 1 %

erikgtFX Updated 

we have seen GU create new lows and lower highs so we waited for a retracement in price to pull up to one of our key areas of support and resistance and also respecting the FIB gold zone we waited for price to show bearish moves and break structure to the downside and we will target our recent lows

erikgtFX

we saw price fail to break new highs and as we consolidated with many rejections falling to break up past the highs we now saw price selling off we also had the fib level being respected well and broke structure to the downside , we also had the 50 and 8 ema showing us price wants to sell off , we are going to target the recent lows

erikgtFX

as we failed to break new highs and had a build up in price being over brought I saw price then break structure to the downside and after breaking lows we waited for a pull back in price to one of our key areas and also a gold zone on our FIB level , we then saw price fail to break new highs on the 15min so we waited for a COH to the downside for our entry and had...

erikgtFX

market structure in the past 5 days has been bearish and we have had lower highs and lower lows, we now see on the 4hr and daily price to start to reverse as we have pushed of a key level on 4hr and broke structure to the upside , after creating this new high and having a crossover of the EMA were also using key zone on our fibonacci to see if price will pull back...

erikgtFX

here was have ema showing price is still selling off , we have a retracement pulling back up into our key level with also respects the fibonacci gold levels , price has created new lows and lower highs so we see price creating more new lows as long as price doesn't start to reverse as the 4hr we see price is bullish but on our 15 min and 1hr we see price still...

erikgtFX Updated 

same as previous trade but I still see this set up as valid so we have 2 positions open short on GJ

erikgtFX

as we saw price continue to the downside with lower lows and lower highs we waited for a retracment pulling price back to our key zone and also the gold zone on our Fibonacci , we then waited for price to break structure to the downside risk 1 %

erikgtFX

we see price falling to create new highs and breaking structure to the downside so we go to the lower time frame 5min and 15min and have a fibanacci from the push to the downside and the bottom of the retracment pulling back up into our gold zone on the Fib and also to a key area of support and resistnace we are going to take partials now as we don't want leave...

erikgtFX Updated 

following the previous trade we are still looking for sells on GJ so we waited for a pull back in price and got our reaction in our key area but we then wanted to wait for conformations and a break to the downside we also got the crossover of the EMA and after a breaking our structure to the downside and pulling back to our resistance we are going short and...

erikgtFX

we saw price break structure to the downside and create new lows so we waited for a pull back in price to a key level and waited for the ema conformation and a change of character to the downside to confirm the short risk 1%