Bias: Short Market Cycle: 2 Big news move yesterday, we have 2 MP's to trade from if the short bias is to continue, 1.2104 is maybe the weaker of the two.. 1.2054 is daily and weekly level and also asian high **Ive also added 1.2080 as a valid MP,, usually i don't like 2 MP's so close together, so decided to go with a 'sell-zone' for todays trading..
Bias: Short Market Cycle: 2 Golds slowly trending down, yesterday was a full ADR... We could see some reaction to the 1847.16 level and possibly some further bearish PA
Bias: Short Market Cycle: Possibly the beginning of phase 1 I'm looking at 1.6170 for a potential break and retest.. You'll notice what looks like a 1h OB highlighted with a circle on the left, however when you move up to the 4h TF this OB disappears.. Therefore, if we get a break below 1.6170 followed by a SR & CC to the downside I will look for shorts.....
Bias: Long Market Cycle: 2 Yesterdays analysis has proven to be correct even if we didn't get a pullback and entry... I'm looking for a pullback and entry from either 159.90 or 159.53 both KL's in terms of round number trading and valid manipulation points in our trading system.
Bias: Short Market Cycle: 2 PA is currently in phase 2 of market cycle after a 1st push down on friday. Today is the last day to look for phase 2 before we move back to an open bias.. Notice how price is also trading down in a bearish channel since 2nd Feb, we also have our MP lined up with the top of the channel so i would expect some kind of reaction from...
Bias: Short Market Cycle: 2 Yesterdays short bias still holds, but with regards to yesterdays PA moving over 90% ADR then there is potential that we have a reversal on our hands... Pay attention to the PA at the bottom of the chart, there is a clear DB followed by a 90% ADR move up.. Follow the GFX MP rules in this case.. • Short from 0.9302 should we get a...
Bias: Long/Open Market Cycle Phase: 2 Most currency pairs are ranging, but if we follow our rules then EJ has a failed push down followed by a first push up.. I will trade with a long bias, but also I am not against trading short from the upper MP...
EurCad has plentu of room to the upside, Technical indicators are showing upside momentum, we could push higher into the monthly high before the end of the week..
US30 Levels 28th Sept Were currently trading under the weekly levels that have kept us30 in a range, We have fresh supply and a 5m FVG at the MP in confluence with the weekly - 2943 We also have the lower level of 9224 which was rejected during Asia and also created fresh supply. I generally see that London seems to be creating supply through the morning...
Bias: Open Market Cycle Phase: n/a Open bias due to sideways PA, safest MP's are absolute high/low of the range. Ive also added 93,30 due to it being the weekly low and in confluence with VP.
Bias: Open Market Cycle Phase: n/a Thursdays push cancelled out as price retraced over 65%. MP in confluence with last week's POC could provide a nice short opportunity.
Bias: Open Market Cycle Phase: n/a 2 days sideways PA, open bias on this pair today. Gbp news at 7am GMT, hopefully we get a push down to the MP & POC where we can look for longs...
Bias: Open Market Cycle Phase: n/a 2 days sideways PA, open bias on this pair today. Lower MP in confluence with VP, if 0.6905 breaks then the lower MP or 0.6893 is also an option for longs
Bias: Short Market Cycle Phase: 2 Sideways move again on this pair yesterday, so I hold my short bias from yesterday. MP at 0.6995 is the only option for me on this pair today.
Bias: Short Market Cycle Phase: 2 Following a sideways move yesterday, my bias on AC remains bias for today. We also have a new valid MP created at 0.9051 during the asian session.
Bais: Short Market Cycle Phase: 2 The 15m strategy rules give me a short bias on GU, however, There is a strong MP in confluence with last weeks POC. Potentially some longs available here, but I would 1/2 my usual risk in this situation.
Bias: Short Market Cycle Phase: 2 Valid 1st push last Friday, looking for the 2nd push today from 0.9082
Looking at a first push up on USDCHF yesterday. Price has now entered an accumulation phase and my preference is for price to breakout to the downside to collect more orders and clear imbalance before another move up.