Looking for a closure past the 0.50% fib level of the dealing range showing good sign that the rest of the month will be bearish. Todays daily closure and tomorrows FOMC red folders will be a big tell on how the rest of the month will go.
Risk On DXY Equities Upside USD Shorts Foreign Currency Longs
GBPUSD - Longs GBPUSD hits daily supply zone and rejects beautifully. The mission is to find 4h/1h POI to enter in the smaller time frames to enhance rr
US30 - Shorts Currently in a weekly down candle, on our way to a daily POI/Demand candle. Looking at a current position to a future position (SELLING ON LTF TO BUY WHEN HTF ANALYSIS KICKS IN). Using the 4H/1H to dictate my CURRENT position and using the 1W/1D to dictate FUTURE position. Just because daily looks very bullish, doesn't mean you should buy right now...
Haven't been posting much, not gonna use this platform to interact. But more of a trading journal to have a track record of my monthly targets and have it to share. GBPUSD looking to continue back towards the downside, but I am expecting a new leg back up to create a new lower swing high and continue back down towards the downside. Gonna wait for Sunday open to...
Waiting for Gold to react in any way shape of form on this strong key level. When market makes a decision I go WITH the decision. I always try to tell myself when market hits key levels like this current one on gold, I need to become a bandwagon. You become a follower of the trend. Once market decides its trend (if its gonna reject or breakthrough), I need to...
Sell Havent posted in a bit due to how focused i've been. My knowledge of the market has expanded and i am a much better trader now.
Waiting for market to retest and form an m top