Entry: 152.900 (15min) Stop Loss: 153.000 Take Profit: 151.000 Pure Price action and fundamental analysis No Signals, No Indicators, No Fibonacci Retracements Technical Analysis: This GBP/JPY chart is of the 30 minute timeframe, but the entry was taken on the 15 minute with confluence from higher timeframes. Starting from the yearly timeframe, price retested a...
Quick fundamental and technical review for the scale in opportunity, a recap of the initial entry, and potential moves that we can see in the market.
Gold price took a further hit on Thursday and Friday, as US Treasury yields on the 10-year note tracked up once more The US 10-year Treasury Note was up 1.18% as of the time of writing, as investors have begun to bet that infrastructure spending plans due to be announced this week by the US government would produce a faster-than-expected economic recovery and...
WE SEE OVERSOLD IN STOCH INDICATOR WE SEE SOON WE WILL HAVE BIG EXPLOSION AND MASSIVE UPTREND.
Hello traders , make sure to understand this post. as you can see ni the first case from the left the playbook is simple= micro sell signal in macro sell zone= fearless execution for the second scenario the trend is strong so we expect to make a new low for the third scenario our first target is the demand level.
hello traders , here's a very quick educational post Bullish Continuation TREND Upwards impulsive move – PAUSE – Upwards impulsive move In this phase supply is weak and market retest demand areas Bearish Continuation TREND Downwards impulsive move – PAUSE – Downwards impulsive move In this phase supply is strong and market retest supply zones . Demand...
Improper position sizing: That is the number one killer for most traders; they open a position size much larger than they can handle or much larger than what is appropriate for their account size. Before continuing make sure to follow this tradingview profile . A trader’s position size is a very sensitive topic because it should be not too small and not too...
A Sell-Zone or supply zone is a very specific zone where two things are true: 1. A large amount of Sell orders originated there. This just means that, within this Sell-Zone, market makers clicked sell, with the volume of thousands and thousands of lots. 2. A large amount of Sell volume is sitting there. This just means that, within this Sell-Zone, there...
Hello Traders, here's an educational post about a supply zone. You don't need to overcomplicate the things a valid supply area is found in trending markets with a sell Order Flow volume very strong. price is making higher lows and lower lows. as you can see at some point price will push the price down. An area with a large amount of sell-orders is called a...
Hello Traders Before continuing make sure you follow this profile. Let me start off with a scenario that many - if not all has been through. Have you ever had a series of great trades, only to have one trade to burn your whole capital? It's probably everyone - and a guilty embarrassment that many do not want to admit. It's not bad - it's a learning process....
What exactly is it that causes each uptick or downtick? These are the only two pieces of information that a price chart can express; a down-tick or an up-tick. What causes these tick movements? If you have been led to believe that the prices move depending on the number of buyers and the number of sellers; if the number of buyers is greater than the number of...
If you have been led to believe that the prices move depending on the number of buyers and the number of sellers; if the number of buyers is greater than the number of sellers, prices go up, & if the number of sellers is greater than the number of buyers, prices go down. Then you would be wrong. The number of sellers or buyers is not what moves the price. What...
SUPPLY ZONE : has a drop then a base in which we have a lot of accumulation of orders being transacted before the mouvement then we have the breakout and drop and finally the retest. DEMAND has a rally then a base in which we have a lot of accumulation of orders being transacted before the mouvement then we have the breakout and rally and finally the...
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