Trading Plan Week 18, 2019 (20th May - 24th May 2019)
Plan 1 - AUDCAD - Bearish
Resistance ahead: 0.93317
Market direction: Bearish
Entry method = flyzonemethod
Remarks:
The price action is still very bearish. Look for pullback around 0.93317 area then only sell. Important! You need a entry method to sell and not blindly jump in.
Trading Plan Week 18, 2019 (20th May - 24th May 2019)
Plan 3 - US Stocks - Intel
Price deadly drop and hit a very strong support @ 43.54 after they have to stop producing and shipping chips to Huawei. This gonna hurt their revenue. I gonna looking to buy this stock if bullish PA forms.
Trading Plan Week 18, 2019 (20th May - 24th May 2019)
Plan 2 - GOLD - Bearish - Target 1269.512
Support: 1269.512
Market direction: Bearish
Entry method = flyzonemethod
Remarks:
Price may pullback to 1285 or 1288 area. I will be looking to sell if bearish PA meet my requirement to continue selling. Target is around 1269.512
Trading Plan Week 18, 2019 (13th May - 17th May 2019)
Plan 2 - EURGBP - Strong Resistance 0.86764
Strong resistance: 0.86764 / 0.87155
Market direction: Weakening bullish
D1 = Weakening Bullish
Entry method = flyzonemethod
Remarks:
Wait for price to touch strong resistance before decide the next move.
Will update in the comment section.
Trading Plan Week 18, 2019 (13th May - 17th May 2019)
Plan 4 - GBPJPY - Bearish
Resistance ahead: 142.612 & 143.207
Market direction: Bearish
Entry method = flyzonemethod
Remarks:
Wait for price to hit resistance then only look for PA to continue selling. Your target should be around 141.363
Trading Plan Week 18, 2019 (13th May - 17th May 2019)
Plan 5 - GBPUSD - Closing to strong support 1.28759
Support ahead: 1.28759
Market direction: Bearish
Entry method = flyzonemethod
Remarks:
Price is closing to strong support, if you are holding short... that is your last take profit area.
Trading Plan Week 18, 2019 (13th May - 17th May 2019)
Plan 3 - GBPCAD - Ranging
Ranging between: 1.75043 - 1.74379
Market direction: Ranging
Entry method = flyzonemethod
Remarks:
Wait for price to hit support around 1.74379 area before going for long.
Trading Plan Week 18, 2019 (13th May - 17th May 2019)
Plan 1 - GPBUSD - Short term Bearish
Market direction: SELL
D1 = short term range
H4 = bearish in control
Pullback price = 1.30337 / 1.30423
Entry method = flyzonemethod
Trading Plan Week 18, 2019 (6th May - 10th May 2019)
Plan 1 - GBPUSD - Bullish - Target 1.31723
Strong bullish price action can be seen in higher time frame.
1st target @ 1.31723
2nd target @ 1.32226
Best price for pullback @ FZ Premium members only
Trading Plan Week 18, 2019 (6th May - 10th May 2019)
Plan 3 - USOil - Bullish - Target 62.80
Strong bullish pattern in the higher time frame. Let us wait for price pullback before go in for LONG.
1st target @ 62.80
2nd target @ open
Best price for pullback @ FZ Premium members only
rading Plan Week 18, 2019 (6th May - 10th May 2019)
Plan 5 - GPBJPY - Bullish - Target 144.431
Hit very strong support level. Waiting for confirmation before going long.
1st target @ 144.431
2nd target @ n/a
Best price for pullback @ FZ Premium members only
Looking at the today price action, the daily candle shows very bearish and break strong support @ 143.889. Even the price broke very strong support, the price hit directly to another strong support @ 143.040.
Market direction: SELL
Look for price action to continue selling.
Trading Plan Week 18, 2019 (6th May - 10th May 2019)
Plan 4 - GPBNZD - Bullish - Target 1.98909
Strong bullish uptrend
1st target @ 1.98909
2nd target @ 1.99944
Best price for pullback @ FZ Premium members only
Trading Plan Week 18, 2019 (6th May - 10th May 2019)
Plan 2 - AUDCAD - Bearish - Target 0.93833
Weakening AUD and bearish downtrend with trendline support. We are very close to the bottom of AUDCAD, but there is always a "what if". So, be careful when you enter the trade and wait for good price action to enter the market and exit as well.
1st target @...
Trading Plan Week 18, 2019 (29th Apr - 3rd May 2019)
Plan 7: GBPUSD - Bullish - Target 1.31062
Strong bullish price action can be seen in higher time frame.
1st target @ 1.31062
2nd target @ 1.31455
Best price for pullback @ FZ Premium members only
Trading Plan Week 18, 2019 (29th Apr - 3rd May 2019)
Plan 6: GBPUSD - Short term Bearish - Target 1.30441
Short term bearish pattern appeared. Look for short when the PA is right. *PA = price action.
1st target @ 1.30441
2nd target @ n/a
Best price for pullback @ FZ Premium members only
