Nothing concrete yet. is the down trend over? Road Map idea correct? look for price action to confirm potential setup. * if trend reversal is in then a major leg up for a stronger US$
Road map laid. impulsive wave down - looking for entry signal and SL zone 15 and 5 min chart. a break of recent highs a good zone for SL a break above SL ZONE is possibly C in ABC structure unfolding. could imply even higher on cards. current risk ratio of min 1:5 ROI.
EUR/CAD trend line seems to be holding. look for a entry signal up after pull back. 14 ema and 34 ema may offer resistance on 15 min chart. monitor volume decrease on pull back and spike for upward force and continuation
potential setup. Trade Plan following Road Map: -wait for pull back zone to enter. -pull trigger on reversal signal. monitor declining volume as confirmation- "a spike in volume for pull back ending -target 1 zone - 1.40 area. SL lock in +/- 50% of gains at key areas of structure on 15 minute chart. -target 2 zone - on route to T2Z use 14 ema and 34 ema as trend...
A note to myself: - remember no matter what happens. its a 50/50 chance you are right. even with a winning strategy. - whats going on inside of yourself. why? whats it trying to tell you? - what have you learned about yoursefl? - be patient, take a breathe and be aware of FOMO - Its not about quantity. its about quality.(choose MAX. 3 trades a week) -...
my trading journal continued. trend line of ascending triangle bottom appears to be holding. Road map still valid. looking for a entry point at end of 1 hour chart for leg up before a major downward move. (2 potential trades on the table). remember today some big news out of US today. i final spike down on 5 minute is on the cards.
road map plotted. just entered bullish trade for a small leg up. SL to be moved to breakeven. anticipating a generous leg ABC leg down anytime as approaching upper blue trendline forming a ascending triangle. keep an eye out for refersal signals
Silver forming a bottom heading up to 16.00
Gold maybe one more dip before heading up to 1300 +