themarketmafia

themarketmafia

Price is in a nice downtrend. I do see price continuing this trend but first we must retrace which is what it's doing currently as we speak. I see price retracing off of that zone but before that we are going to see price either reach at least 0.83700 to reach that Fibonacci of 38.2% or it could come as high as 0.83800 to retrace off of what was once; a major...

themarketmafia

Just looking for a bounce off anyone of the zones to continue prices bullish trend

themarketmafia

For the top pair of the week we have EURUSD. We have been on a crazy run on EURUSD and it keeps paying. Let's see if this pair can continue to move the way it has been. All timeframes in sync looking for price to create a new lower high and then a solid sell signal.

themarketmafia

Looking for a sell on NZDCAD this week just waiting for a strong sell signal to enter the trade.

themarketmafia

You guys seen part 2 and part 1. We called this trade from the start and now it's melting just like we expected. Will keep monitoring it and giving updates

themarketmafia

it looks like price isnt quite making it to that zone however price is still bearish. I don't believe that price is all the way ready to drop yet. I could see price touching the zone again to then go bearish. If it doesn't do that I won't enter on this pair.

themarketmafia

A update on EURUSD price is still bearish and showing rejection around the zone , I believe we should see bearish move on this pair soon

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...