I WANT TO SEE PRICE MOVE HIGHER RUN STOPS AT PREVIOUS WEEK HIGH INTO KILL ZONE FOR SELL. IF PRICE CONTINUES MOVE HIGHER BREAK AND CLOSE ABOVE THE HORIZONTAL BLUE LINE(0.71700) LOOKING TO CUT THE TRADE ( IF I ENTER). THEY ARE OTHER FACTORS THAT ARE IN PLAY.
NEWS, TIME AND PRICE , MARKET STRUCTURE, CONFLUENCE AND IS THE DOLLAR POSED TO GO HIGHER OR LOWER.
THE KILL ZONE IS THE STANDARD REFERENCE AREA AND I LOOK FOR REPEATED PATTERNS OF SELF SIMLIARITIES( CHART PATTERNS TO ENTER)
HAPPY TRADING!
NEWS, TIME AND PRICE , MARKET STRUCTURE, CONFLUENCE AND IS THE DOLLAR POSED TO GO HIGHER OR LOWER.
THE KILL ZONE IS THE STANDARD REFERENCE AREA AND I LOOK FOR REPEATED PATTERNS OF SELF SIMLIARITIES( CHART PATTERNS TO ENTER)
HAPPY TRADING!
Comment:
NOTICE MONDAYS LOW. THE MARKET PUSHED HIGHER TO RUN STOPS ON PWH. IF PRICE BREAKS AND CLOSES BELOW THE MONDAY LOW. ANY RETRACEMENT BACK IS A SELL FOR ME
Comment:
IF YOU DRAW HORIZONTAL LINE ON MONDAYS LOW. LOOK LEFT OF THE CHART. I CONSIDER THIS A SUPPORT/RESISTNACE AREA. NOTICE THE ACCUMULATION ON THE 10TH AND PUSH HIGHER AND SHARP MOVE LOWER ON THE 18TH. MOST LIKELY BIG MONEY WILL RELOAD POSITON TO RUN STOPS ON PWL.( CLUSTER OF STOPS RESTING)
Comment:
NICE REJECTION OFF THE DB LEVEL. ANY PULLBACK INTO 0.71303 LEVEL. i WILL BE LOOKING FOR A SELL. NOTICE THE BEAR HAMMER CANDLE BEFORE THE PUSH UP INTO THE DB LEVEL. MY GUESS IS THE MARKET PUSHED HIGHER TO RUN STOPS ON CLEAN DOUBLE TOPS AND A SHARP REJECTION OFF THIS LEVEL.
Comment:
IF MARKET PUSHES HIGHER TO RUN STOPS AT PREVIOUS DAY HIGH. I WILL BE LOOKING FOR DAILY SETUPS. I HAVE POSTED CHART HOW I PLAN TO GET IN AT DAILY HIGHS AND LOWS- REFER TO THE SETUP.
MOST LIKELY THE AUD IS POSED TO MOVE LOWER
MOST LIKELY THE AUD IS POSED TO MOVE LOWER
Comment:
DAILY HIGHS AND LOWS SET CHART POSTED ON OCT 8TH, DXY 15 MIN