• If price impulses up above our most recent high, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
CAD/CHF Long
• If price corrects and a three touch tight flag forms, then I'll be looking to get long with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/USD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up above our most recent low followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
AUD/USD Long
• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up above our most recent low followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
dude, thanks for your sharing but you'll make a big mistake against two currencies that always getting stronger on Dec. I recommend you that don't go against CAD and CHF . It's not about technical , it's about fundamental
Brother. I love your analysis. Every time you say "this is my favourite pair, I always go the other way. Your analysis is really bad. Yes patterns do work but you don't fathom inducement or traps etc.
Traps are deliberate fake patterns that are not mitigated. Therefore the patterns you see are 50/50.
I told you already. I was in Falcon and since leaving and mastering liquidity, inducement and traps, order flow, its a different ballgame.
I know you mean well but sir, you don't understand price action buddy.
Scentsupremacy
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Can i send you something on Telegram please?
Scentsupremacy
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sir, i accept making criticism without help is wrong.