A+ SETUP Basic Market Structure Price Action Break & Re-Test
Potential Setup: Monitor P.A - look for RT and 1st HL
Posted analysis within the setup! Nice 2RR trade, good M.S and P.A S turned R and complete RT with bearish engulfing and momentum candle.
1.HHs and HLs 2.Look for break which has occurred and now a RE-TEST 3.Market structure is clean 4.Confluences are lining up Trade is dependant on how it RTs and the Price Action associated.
Great multiple TF analysis - B.O on 30m TF and looked for a RT on LTF which was 15m ! - 2RR
Decent setup !!! Closed trade manually and managed risk correctly by monitoring P.A - exited after bullish hammer rejecting the BE zone!
Great Market Structure Setup - HHs and HLs plus RT towards broken R turned S and EMA. Entry was off !!!
BREAK AND RE-TEST SETUP Looking for price to RT the broken support level indicated in the yellow zone. Clear support zones on HTFs. Monitor P.A
Simple Break & Re-test Setup Missed this trade during London Session - wait for what the remainder of the week holds.
Missed this setup - in the middle of NY Session. Nevertheless, good setup and RR
Monitor P.A -price created a low, looking for signs of continuation -price respected EMA and formed resistance with engulfing candle -new LH formed, looking for new LL -2.1RR
A+ Setup Great 5% GAIN !!!
BREAKEVEN SETUP: SL hit at BE Price created resistance and printed bearish pinbar RT 50 ema - looked for downward momentum.
Highlight of one of the best setups this past month in October - simple and clean trading with Price Action, Market Structure and the Famous EMA as dynamic resistance & confluence.
Again this trade was taken - awesome RT and Market Structure trade inline with Price Action. Looked for a continuation and momentum push to the upside.
Awesome SETUP - A+ Price created a LL, looking for 1st LH of the formation and structure. Price RT the 50 ema acting as dynamic resistance and formed bearish momentum engulf, looked for continuation to the downside with great RR - patience pays !
Breakout from a bearish rectangle, a lot of accumulation of orders, leading to a B.O from support, good RR, will see how this plays out after GBP news later on, predicting negative news!
Having a good bearish engulf, as well as the fact theres a reverse ascending triangle formation leading to a breakout, RR is 1:1 , not the best bbut having TP 2 by 137 zone. Awaiting some GBP news but due to their unstable economy, looking at negative numbers at 10:30am.