This is the trade inside of the trade. Let's say I was to miss the previous trade idea at the 8:30 open, I'd typically get a better confirmation on LTF once the move occurs around this time 9:30 as you see here.
OANDA:AUDUSD AUDUSD has been on the downtrend for the past month. Price has tested the lowest key level of support it has tested over the past 3 years. So I expect a reversal of price to the upside. Wick exhaustion are an added confluence to indicate a change in price action
price is currently in a descending triangle pattern I think we see price fill the wick to the left. Then we probably form another range before breaking out to the upside. the final Flush IMO.
Breakdown of how I entered Gold shorts, with an impulse entry
if candle breaks previous low with volume on 140.180 then secure 30 pips if breaks previous bull candle on 140.550 long 30 pips
Want price to hit my target at 12350.96
Today was one of these days where I woke up late. However, didn't beat myself up for missing a few setups and waited patiently. After scanning through some USD pairs and fundamental information, I could see that at the moment I was looking at AU for a potential entry, USD was weak AF. Then looking at the 4H structure I could see that the bias was definitely...
Want price to hit orange support, or even go a few pips beneath it, before coming up to 1hr supply then dropping back down to target 4hr demand at 14.165
Want price to take liquidity to the upside, hit demand then come down to 15min core
I tell ya, I hope this goes up without hitting my sl, its tight.
We may have missed the ideal entry point on this one so we shouldn't really go around chasing tails. If the price comes up slightly I will consider placing a sell limit in attempts of getting a wick entry from the lower time frame order block. We will have to see how the price develops on Monday, wishing you all a great trading week! COT Data - 70% Long
Looking for NY to take liquidity then to continue long to balance the market. Target is 12313
We managed to pull off an amazing stunt last week with that lovely wick entry on GJ, we are now looking for more potential buying opportunities. I have marked out a zone in which I think price will tap into before continuing to the upside, you may want to consider setting some orders at that region if it fits your analysis. GBP is proving to be very tough to...
Want price to retrace into 5min demand zone, then go long to balance itself. overall long bias.
Gold looks pretty undecited at the moment and each direction can be expected.Price has been forming HIGHER LOWS and LOWER HIGHS. Personally I am expecting a huge move on gold on the next couple weeks in the direction which market will take out either previous HL or LH. Trendline will come a handy tool to see price direction clearly. My personall bias on this pair...