mymentortv

mymentortv

Hi Guys Pound Yen I'm long I stated my reasons in the picture with a drawing enjoy any questions or comments hit me up Kris www.mymentortv.com

mymentortv

Hi everyone So currently I entered in this trade long. -stop los and tp is shown -my entry is shown I entered bc: - hit fib projection - hit pitchfork line twice ( outside line twice) - higher close 15min lets see what happens from here Kris www.mymentortv.com

mymentortv

Here is the bigger picture on the Euro Pound trade

mymentortv

okay so what I see at the moment is - tested the blue outside lines of the pitchfork and skyrocketed off - higher high and if the market was going south to me we should have seen it by now the mark down - correlation with eur pound trade: pound is going up euro is down therefore an assumption would be the pound would be in strength and going up to tp2 is my...

mymentortv

Good evening everyone on the chart I have shown my reasons why I got into this trade Lets se how this one plays out regards Kris www.mymentortv.com

mymentortv

from what I see this pair is going long with tps marked in orange overall good trade if you bought this pair at a good cheap level If not I would wait this out or buy into once we see some sort of correction take place regards kris www.mymentortv.com

mymentortv

good evening everyone here is my take on pound yen tonight - trend is long currently - I took this trade once we broke the previous double tops where I felt could be an area people would be looking to sell - it retested the double tops and kept pushing forward and I entered on the higher close - overall my tps are labelled in orange and will hold until...

mymentortv

Hi their I am shorting usd yen as it came into areas of where some sellers are at the moment secondly we have a decent size pin bar indicating change in direction third we have a lower close in price indicating entry if this market does not make the short and uses the median line / brown ;line as support I wont be looking for any positions until this...

mymentortv

Good afternoon so currently we are in a down trending market what I see is the following : - down trend - a bearish triangle / flag - market has been stalling on the line for a while : meaning a breakout will eventually occur My entry signals: - a break and close of the lower low : with retest then enter - a break south of the triangle stop will...

mymentortv

Good afternoon everyone okay looking at usd yen we are in a down trend is what it appears me , however here are a couple things I see : we are in a channel down : down trend now if this breaks this channel as I have shown I will wait for the retest along with putting the stop just below the previous lows as shown and go long or if this market reacts...

mymentortv Updated 

Here is an update from what i see bc we haven't been able to break further highs and the sellers pushing this market down and if you look on the weekly the area we are at shows a strong supply zone, why did i not see this, not sure but i do know and i have made the appropriate adjustment. It doesn't matter if your buying or selling if your not on the right side of...

mymentortv

Here is my trade for Eur Aud short I saw this area where a lot of seller have been pushing buyers down quite a bit first signal as a higher high was never made second double top and the market quickly reversed showing sellers are in control third the market hit my trendline and reacted quite quickly to it with price action therefore my analysis is if we...

mymentortv Updated 

From what I see the Euro Cad is having a little correction could be a deeper one I'm not sure , I tried to show you the three strategies I have in place for this trade. I would prefer it be really deep so the up move can push higher . this is what I see so far will edit along the way Kris www.mymentortv.com

mymentortv

Pound yen is in a bit of a whip saw at the moment and we are correcting , once the correction has been completed . Then lets look for an entry on this pair going long is what I see

mymentortv Updated 

Good morning everyone So looking at this market I have shown why I choose to enter this market, showed you were my stop loss is and using supply and demand and pitchfork with a couple projection tools this is my analysis of the peso so far. if the buyers hold the market here you can see a tp blowing up with a 1 to 9 risk to reward. If we go south and blow...

mymentortv

So in this market : the market was flat lining a bit and I wanted to start fresh for this week so I closed my trade in profit of 40 plus pips and now looking at this pair making a higher correction where I will look to sell this pair again . Points: this pair does move and with the right stop loss and supply and demand strategy along with trading psychology...

mymentortv Updated 

Hi everyone Eur usd from analysis on the break of lower low and pitchfork lines has shown me we are going down so my if then statement is as such: If this market continues to take out the previous buyers going down then I will set my tp to either the first tp or second depending on how deep we go in the market: I am looking for the euro usd to keep going back...

mymentortv

GOOD EVENING EVERYONE Lets look at the usd peso ( usd/mxn ) I love this pair as this pair moves the most out out of any pair . Secondly we are going up and up and up and I love : This market tested the buyers and the buyers did what they do best pushing this market up breaking out some key levels for the sellers and we are now heading into a little correction...