US30 currently respecting the 4hr support and respected the trend currently building some upside potentail to become a overall move to the upside. Currently waiting for the market to show us a sign of which direction we are going to be moving in. Looking for large wicks to the bottom and break of recent structure to confirm a move to the upside. Or larger...
short to come back down and retest the lower structure. small sl
Rejection forming wicks to the short side. 20/50 EMA looking for a long. In from neutral. PNL on trade.
1Hour ended neutral in my area of value, where i saw alot of sell orders, waited for the retest confirmed by the double top and entered a short from the 15m timeframe.
US500 Long Swing. 2 touches off the trend line confirming a long. Fib retracement so we can calculate where our trade could go, as well as helping to determine TP's. Long Term Hold and take profits on the way. TP1 : 4335 TP2 : 4532 TP3 : 4877 SL : 4038 R:R - 1 - 4%
US100 Long on a Daily timeframe using the Fib Retracement tool and Price Action. Again, jumping in this trade earlier than normal. Would wait for a break of the resistance level and confirmation but I don't want a large SL so breakeven SL when we hit the resistance level and see if we break. Resistance level TP1 and break-even SL. R:R= 1 - 4.58%
US30 Long-Term Swing using Price Action and candle stick patterns. Using the fib retracement tool from the last weeks Low to see projection and possible TP. Tend to buy from areas of value which we are currently in, jumping in the trade a little earlier than usual as I would like to wait for confirmation of a break up through the area of value. Long term...
US30 Long from when we reach the area of value. Following the trend up, buy off an area of value. Stop Loss below the most recent wicks to avoid being wicked out otherwise we'd have a better R:R. Giving the trade room to move.