opfx_trader

opfx_trader Updated 

breaking out of the consolidation area is a signal of a buy trade. the H4 candle has to close above the consolidation zone or else it will just be a fake out. the confirmation of the signal will be the next H4 CANDLE closing above the consolidation zone. then you can take a buy order......

opfx_trader Updated 

I believe the chart is pretty simple and straight to the point. looking to buy in after the pull back. if the market is to carry on with the bull run and we get a close above 135.550 then you can look for buy oppotunities but this is if there is no pull back.....

03:40

opfx_trader

I hope the video will be usefull to some if not all traders.....keeping it simple as always.

opfx_trader

the market is on a bull run heading to the resistance zone. lets see how it plays out

opfx_trader

Simple out look of DXY on the monthly TF. The current bear candle has engulfed the previous bull candle. on the lower TF you will notice candlestick patterns that give indication of the market heading to the lower sides.....lets wait and see how the market plays out.

opfx_trader

With regards to how I look at the market, I have spotted a trade idea on GJ. the market was on a down trend and eventually found support slightly below the 128 area. Managed to push to the upside and into a consolidation area. Had a retest of the support zone and managed to stay above the 128 area breaking through the consolidation area around 130. The break of...