themarketmafia

themarketmafia

Target reached. You saw it from part 1. Up +4.21% So off to a good start, Let' s hope the market continues it's momentum for next week as we close in on phase 1.

themarketmafia

Here is an update on CADJPY. We got the entry we was looking for and now we are in 2%+ profit currently. I'm looking for price to keep moving in this direction to come to our take profit

themarketmafia

CADJPY is almost there in terms of our wait for an entry. Once price breaks that red line it will have then shifted structure on the 1hr and we will then be looking for just one more confluence to then take the trade we been looking for. So far though price is doing what we planned it to do.

themarketmafia

Essentially this is all we need to look for a entry, just a break of structure on the 1hr and for price to come back into that zone again which would look like a head and shoulders and also would be in sync to meetup and touch the EMA for another confluence.

themarketmafia

This is the only pair on my radar this week, CADJPY. All timeframes in sync, good rejections around that AOI and round number. Currently this trade is at a 65% just looking for a shift of structure and an entry single and that will give us a grade of 85% potentially. A shift of structure on this pair would just look like another retracement back into the zone to...

themarketmafia

no drawdown so far, up 10% let's hope the moment holds to secure some more profits but as long as price continues this bearish trend we could see our potential take profit or even lower.

themarketmafia

Here we have GBPJPY a potential short setup. I can see price coming back up around that AOI and then pushing lower forming a head and shoulders on the 1hr. We also have some confluences like all timeframes in sync, a round psych level , price being at the AOI, rejections around that AOI, and also the switch of structures. Just awaiting price action now.

themarketmafia

Looks like a clean setup in my book, following my trading plan that is. I gave price some room to breathe with the stop loss making it under some of the previous lows. I'm looking for price to continue it's bullish movement.

themarketmafia

Had time for a transparent post which is one of the more important posts you should pay attention to. I was in profit in hopes of price reaching my take profit easily. Price wasn't ready, so it reversed and took me out. I have no feelings about this trade and I would take the same trade every time I see it. Followed my rules and I controlled my risk so I lost...

themarketmafia

I believe that price could continue bullish here on CADJPY, all timeframes in sync and looks like it could soon break above the zone and then use the round number 109.000, the zone, and the EMA for support to go higher.

themarketmafia

Here's a trade I found on UJ that I like, All timeframes in sync, price switched structure on a lower timeframe. Expecting a push to the downside.

themarketmafia

Everything on this pair is flowing in sync towards the downside. In order for us to get an entry we need price to now retrace back up to or around that zone area. We would then look for a new lower high formation ⚐

themarketmafia

All timeframes bearish looking for price to come more below that zone to create a lower high to then move lower ⚐

themarketmafia

This weak is looking even slower than last week but last week we still managed to catch a move so let's see if we get the same thing this week. All timeframes in sync need price to get the that zone and round number and hopefully hold to create new highs ⚐

themarketmafia

Decided to take profit on this pair early. I didn't expect any trade to be available but we ended up finding this one late in the week. That makes 5 straight trades that we won and 58% made for this month🔥 one of my best months to date and it only happened because I was locked in ⚐

themarketmafia

Just like I said we needed a close below that support level of 0.83500 and we got just that. I am now looking for price to continue that bearish momentum so it can find it's way to our take profit at 0.83200. Currently up about 6% so far on this trade ⚐

themarketmafia

To see a significant push to the downside we need price to break that support rested on the 0.83500.

themarketmafia

A trade I took on EURGBP risking just a small percentage of my account. Price is at a good point to enter to take it for a sell if my previous analysis was completely accurate. As you can see price went to 0.83700 for the retracement to the Fib level, came back down into that zone and looks like now we are starting to see some resistance. Even though it's a weak...