$APPL Just a small chart I made for some daily activity. You can see that it's bearish but it's also leveling off at a strong support area. Only the future can tell where we go. GLTA :)
Friday
AUDJPY | ShortFX:AUDJPY OANDA:AUDJPY FOREXCOM:AUDJPY FX_IDC:AUDJPY
Beautiful Short.Red Pinbar on the Daily timeframe, thats a confirmation now we chow.
GBPCADwill be looking for my fib relative low @ 1.68507 which is also TP .
like and comment your thoughts!!
Eurgbp buy opportunitywe had a massive rally up during the Europe session, market is currently in a pullback mode. im looking for a buy setup .
Navigating The Market : Simplifed = Friday/Monday relationshipThis is not a trading strategy nor claiming this concept happens 100% of the time, but this is a repetitive pattern and I personally believe it could help you to navigate the market (particularly if you are an intraday trader) more efficiently.
I generally would see this in 1-Hour timeframe but for the sake of being able to show you with more examples in one post, I choose D1 timeframe for this post. When price breaks and close above Friday high on a Monday, more often than not, the price would eventually reverse downwards within 18-24 hours. Vice versa for a close below Friday low (on a Monday)
Why I believe this phenomenon is real and tangible is because Friday or Monday normally a day where the Banks (NY session) attempt to clear their books. In order to do this, sometimes they need liquidity to offload their position, they would do stop hunts if there is a need to do so.
Hence I've conceptualised this Friday/Monday relationship into my way of analyzing the intraday moves especially on a Mondays. By default, any breakout from the Friday high or low, I would consider it as a stop hunt/fake breakout. Of course, there be a week where a breakout from the Friday started a huge trend that lasts weeks, but that is an outlier. I do not care about outliers, as a trader I will try to profit from what is repetitive, and this concept is very repetitive.
This is just one of three "day-to-day relationships" that I have conceptualised to make me reading the market a lot easier. The other two are Mon - Tue/Wed relationship,andTue/Wed to Thu/Fri relationships that I have conceptualised. Tell me what you all think,
EDUCATIONAL Hi Guys,
I hope you've all had a good week and caught some decent pips. The market this week has been one of the worst conditions we have seen in a long time in terms if how slow some of the pairs have been moving and manipulation.
Overall we have still managed to catch over 100+ pips. However, please note that I will stick to mainly posting GBP pairs from now on as you can see from the ideas posted how precise the entries and targets have been.
Next week we should see much more movement and clearer opportunities and hopefully we can continue to kill the market and make some good profit.
Subscribe to my page as you don't want to miss out on the coming weeks.
I would love to know your thoughts in the comments section.
Have a great weekend traders!
XAUUSD SHORT IDEALooking to sell XAUUSD from sell area, close position at the target area (+50-70pips).
EURUSD SELLING OPPEURUSD BREAK, RETEST AND CONTINUATION PATTERN. BLUE LINE IS A MAJOR DAILY RESISTANCE POINT IF WE LOOK LEFT. MULTIPLE REVERSAL POINTS TO THE LEFT
AUDUSD: My Positions Are Finally Moving After NFPWelcome to this new idea traders!
After Fridays NFP we saw massive moves around some USD related pairs. Although news were positive for the dollar, dollar spiked and price went down.
Glad i held my entry on AUDUSD and we saw a nice up move after the NFP news.
Im expecting another bullish move during next week. How was your NFP trading going?
Wishing everyone a great weekend and see you next time guys.
Event Brite INC sell alertSell #EB
Entry : 20.90 $
Take Profits: 23 $
Sell Profits here hold an initial portion. (sell enough shares that = profit but hold the rest)
Trading plan for XRP/USDTGood Friday everybody
Bullish symtrical traingle.
Break out to the upside is coming!
I will watch XRP closely.
Let me know what you expect.
Have a good day!!
Dollar Index: Enjoy Just wanted to thank you another time for all those likes and views on my first tradingview video ever! Have a great weekend.
GBPUSD 60, LongGBPUSD try to going up at 1.31349 first, try to reach stochactic 50% and if it catched, it could be going down not too much to rise again trying to touch 1.31684. or if it crashing, 1.31349 can be the top of friday high then going down deeply.
EURUSD: Friday Trade Whats up ? Hope everyone is starting their weekend right!
Here is a trade i took on the late Friday. EURUSD is showing a divergence on the 1h chart and did touch the bottom from the left by a few pips. Price did 3 waves to the downside and created a solid downtrend trend line, which if it will be broken could turn into some huge upside moves. Let us see next week.
VIX Spikes (Normal Spikes with Decay harmonic) VS NowA 2008 style VIX superspike is currently building into this market, It has not finished it's double top.
This is the same VIX analysis except the spike to the left is described in it's normal Double-Top with a 1,2,3 decay harmonic.
50/80 Double top can be realistically expected shortly ..
With it 1500 point drop in the DJIA could easily be expected.. And VERY shortly in 1-5 trading days..
1500 point drop around the corner... DJIA about to turtle.. The Secret is in the VIX ... VIX is behaving very differently than it's normal patterns .. It's indicating a VERY LARGE SELLOFF by the end of next week..
www.tradingview.com
This is going to turtle futures point to large futures drop..
Probability favors 1 more bearflag breakdown b4 BTC can reboundA break down from the flag is the most probable direction here...most likely just in time for Black Friday...the stoch rsi seems to concur with me...I will be taking advantage of those Black Friday prices and stocking up. You make your own decisions though because financial advice is not included here. Thanks for reading and good luck!
EURUSD: Short on FridayHey guys,
I just wanted to show you my last trade this week on Friday morning. I saw a trend change happening on EURUSD in the 1 hour chart earlier this day. At the top where we can se a divergence, there was formed a candlestick engulfing pattern. This is were i entered the trade and expected the price to go down to at least the 0.5 fib level with a little risk just over the high. Price reached this level and closed he day. I closed the trade two hours before we went into the weekend because i do not like holding short term trades over the weekend.
Wishing everyone a great Sunday.
