We can see a buy opportunity - We just need patience however to wait for the retracement to choose it's level of choice. This is just an idea, we will post an updated once the week has made some moves. However - with the current demand on the 4hour we have seen two good order blocks which will react to the price. Patience is key here on the entry. 2x...
Entered Trade Too early out of FOMO Bearish Momentum Simple break of Support Should of waited for a retest before entering
WAS IN THIS TRADE FOR A FEW DAYS, IN THIS GAME... PATIENCE PAYS.
Hi Traders, I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind. On H4 I see, bulls can not push that pair higher. There is a strong resistance line at 1,25000, and as I see price reversed with a double top formation. Direction is confirmed too because the price broke my trendline downwards, and closed under...
Hi Traders, I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind. I see a downtrend channel on D1 and H4 with a fakeout. Upside trendline is broken, so I placed sell a sell position yesterday. My mental SL was at 1.0500, and my placed SL was at 1.0800. I'm here to be honest, so I will. Yesterday evening, I...
My bias was Bullish moving into this Session since price broke above my Resistance Level and Consolidation. FOMO struck me when I initially got to the charts and my emotions caused me to get into a short position, going against my bias. I fortunately cut the short position for less than half my risk on it. Patience always pays and shortly after getting out of my...
Overall long - however the ranging market is keeping things neutral. We are waiting for a push into the demand zone and will look for a position long. Royal bank of Australia have news today so during London and New York we will react. We can see many spikes into the retail zone which will engage retail traders and remove them also as tight stop losses are...
Price is currently sitting in consolidation levels and has potential upside, when price breaks out of consolidation on the upside we could see a retest which will confirm a Long on this pair
Hello, my people, Long time no see, isn't it? The time for the BIG MONEY has finally come! This is the chance of the decade to become millionaires - by investing in oil now. Oil is the door, patience is the key and money are waiting when you open this door. See what's going on - COVID-19 is making oil prices go down, the lowest level for many years....
CADJPY short took full effect. Looking on the weekly time frame - the liquidity spike was the last previous touch of a demand zone. The Supply on a daily zone had a small order block and the trend is bearish as Yen (safe haven asset) is strong. Swing trade hit the target and carried on through.
Broke Trendline and Retesting last week Price came up to 50% FIB & H4 S/R H1 still making HL's on countertrend Wait for Break of Structure on H1, Bearish Engulfings, MA's cross
Price Had a break of structure last week, now creating the countertrend to retest the BOS and continue Downward Momentum Waiting to see what Price action does at the Exhaustion levels. Will be waiting for Buyers exhaustion, Bearish Engulfings, Cross of MA's, Break of support before Entering
After making a huge Downward move (so many confluences) at the start of the last week, Price has made a retracement to the 78.6. Expecting a retest of the 78.6 Fib, Creating a double top, with MA's Crossing, Bearish engulfings, Break of Support with a retest.
EUR/USD is currently at a very important price zone. The price had gapped above current price back in 2007 when the French President was elected and we are now back to the same price. I am watching for price to either close the gap or rise from its current price. Wait for the set-up please, I will be updating!
Nice breakout of the downtrend, price is re-testing a double trend at the moment. Going long with a stop loss just below the uptrend. Will wait until London/NY session before entering.
Ideas on what could happen. Always react to what the market is showing you. Patience always pays.