themarketmafia

themarketmafia

Update on AUDCAD , if we scale into the 1 hour timeframe you can see price is starting to make it's way up into the zone, once it does that all we are waiting for is a bearish engulfing setup.

themarketmafia

A little bit of an early entry on EURUSD but just off the structure im pretty confident in where I entered and If I'm completely wrong and lose it is what it is. Still some good trades that we can monitor alongside this pair. Not to mention it's my birthday on Friday so hopefully we have a good move or find that position and the market could give me a birthday...

themarketmafia

pretty clean trade idea, two timeframes in sync and a strong zone that was previously used as resistance. We are now back under that zone and all we are looking for is for price to come back to that zone to create a lower high on the h4 hour.

themarketmafia

Quick trade idea for price to continue the bearish trend

themarketmafia

Little idea for NZDUSD that I have since I think price will continue bullish

themarketmafia

NZDUSD - Had a trade on this pair last week as you can see , since then price has switched structures and is now bullish. With that being said for us to be able to take a trade on this pair price must push up a little further to then return and bounce off the zone and we are looking for a new higher low to be formed.

themarketmafia

EURGBP - All timeframes bearish , opposite of NZDCAD we have a default head and shoulders pattern that has formed. At 5pm when the market open priced created a gap and if it fills it looks like it can easily return to the zone to not only retest the neckline of the head and shoulders but to also create that new lower high we need to continue the bearish trend.

themarketmafia

NZDCAD - All timeframes on this pair is bullish, not to mention price created a inverted head and shoulders pattern and now we are looking for a new higher low on either zone to continue that bullish trend.

themarketmafia

I put a lot of thought into this idea on AUDCAD and we have a lot of confluences. For one the weekly and daily timeframe is bullish. The 4hr on the other hand just turned bearish after that last candle close. In order for it to continue the bullish trend that we have overall, price will need to create a new higher low. Once that happens I believe price can then...

themarketmafia

Here's just some ideas I have for this week , GBPUSD breaking that zone and continuing the downtrend. More analysis to be posted soon

themarketmafia

This right here is the reason I preach patience so much and I will continue to do that for the rest of my trading career. It was one of the BIGGEST reasons that in my 8 years of trading that this year is my best. Trading isn't hard, the mental aspect and discipline side of it is. Look at that red arrow and and you can see where I entered, and after that it was...

themarketmafia

Just posting this to document AUDUSD which I was watching along with EURUSD and it ended up giving more confluences. It's moving nicely let's see if it can hit tp

themarketmafia

Not taking this trade and haven't even thoroughly analyzed but looks good just off the eye test. The reason I'm not taking it is because I don't trade Sundays, and it's just that simple. Just posting this for a before and after.

themarketmafia

Looking to enter on this trade soon depending if certain confluences line up but so far there are good confluences showing itself like all three timeframes in sync , at well respected zone and the fact that on the 1hour price switched structure into bullish. Just a quick analysis let's see what happens and if price give me the green light to enter

themarketmafia

Here's a move i'm expecting on EURUSD. To continue the bearish momentum price must break back down into a lower low and then we can potentially find an entry at a new lower high.

themarketmafia

I'm expecting price to continue bullish after a retracement back to this important zone. Some conflunences we have is most importantly the zone which has been respected previous times before. I believe this zone can hold as support but we also have a institutional number of 1.27500 which is below price and can also be used as another form of support. Price could...

themarketmafia

Just like AUDUSD all timeframes in bearish sync and im looking for price to come up to that zone to form a lower high then give us another bearish impulse. Not to mention we do have the institutional level of 1.08000 at the zone aswell

themarketmafia

going to post the rest of my watchlist for the week, hope it's useful to anyone who see's it. AUDUSD just looking for a new lower high to form around that zone to then push more into the downside