My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️
I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term...
FX:GBPUSD
GBPUSD broke bearish structure on the 1H,
price looks to be retesting at support, a confirmation
candle will be enough confluence to go long on GBPUSD
I missed perfect entry during New York opening bell
Now I am waiting for break of the current H4 order block
Will enter a long position and swing to the previous high
Long trade risk 7:1
The Aussie Dollar was ranging for a couple of days after a strong bullish rally and had broken above the consolidation zone yesterday around the end of the NEW YORK SESSION. Price has since then made higher highs and higher lows and is now retesting a new support. We know this is a bullish market so we of course are only looking for buys. This setup has...
Hello traders!
Here are my thoughts on AUD/CHF.
As we can see on the monthly TF price has been pushing to the upside since April 2020.
On the weekly there is a clear break of the weekly level around 0.69200 area.
On the daily we can see it more precisely. I will monitor the price and enter the trade after the re-test of the weekly structure on the 4-h...
This is on the 4H chart, and we can see a strong support.
Take a look at the chart:
1. Price fails to break support
2. Fails again
3. Breaks support
4. Retest
It couldn't get simpler than this, a simple break and retest on the 4H chart for USDCAD, with great upside potential and R:R. The US election on November 3 could completely disregard our technical...
