In 4mins going to open a short position on GBPCAD Lovely daily channel rejection. A lovely engulfing candle on the 4 hour TF just thought i would bring it to your attention
Break of the trend channel. Believe this could be a good trade Will see how it goes.
Rules dictate that Gold should be Bullish, ihowever would like to see another spike down to 1448'ish for a better entry Gold Been consolidating most of Nov and could potentially move, this week. We need to be considerate of the fact that we are in the last month of the year and this may just cause for some serious Manipulation in the markets. Let look for HIGH RR...
Looking for a pullback to the buying zone on the lower TF's then will be looking to go long. Could turn out to be a great trade will wait and see if it plays out
I know how it feels when you think you have missed the Train. Remember the Market does not move in a straight line, give the market some time and sometimes the market will give you an additional opportunity to enter the Market with a lower risk profile(if they feeling giving). Patience is key when you feel like you have missed the move you have been waiting for,...
USDCAD notorious for fake reversals, but when you catch them smiles all the way to the bank. This weeks brings big news, however, i still feel like we will see bearish movement this week. Worst case scenario we take out the liquidity pool above the double tops before he reversal. Price will probably continue to range for remainder of the week, lets see. always...
Looking at market structure, this is my forecast for XAUEUR for the upcoming days/weeks. please comment your thoughts on where you think price is headed
I am not entirely convinced, this is the reversal point. Rules are adding up but this does not look like a Good Setup. Generally i would enter based on the Rules, but in the this case it does not look good. I would rather miss a trade that enter one that i am not too confident in. I am still bearish on this and will be looking for Sells
- Bullish - have 4 zones i will be looking to buy I would prefer moves at the Yellow Zone, but Price will do what price wants to do, with the High impact news coming in on Friday. i will sit out and see what presents itself as the week unfolds. #PriceAction #Newbie #CADJPY
Currently still trading in Range lets see what happens today and tomorrow.
Little possibility for EURUSD The pullback away from current structure doesn't look real strong to me and there isn't really a stand out candle to me that says there are many buyers at this level So i am expecting the market to move lower.
Waiting for a test and a reaction at the descending channel on the Daily TF.. A big trade to the downside could be incoming Will see how it plays out
Gold been heading south for quite some time now,with small buy of periods before another round of selling,am looking for another round of buying as price is nicely resting at that area of support.
EN is in a bullish trend range market on the daily and currently we are seeing a strong pullback,looking for that crucial area of support that will signal the end of selling and a break of the trendline for full confirmation on the buy off.
Caught the short move down in the channel. Now since it failed to touch the bottom of the descending channel and has broken to the upside I am going to long this pair soon as the market open. 0.76 Looks like a good area to get out, on the daily TF there are a lot of wicks at that level so hopefully it at least gets tested. Will see how it plays out.
Waiting to enter this trade long if and when possible couple different scenarios for both opportunities Either waiting for a solid break of the descending channel, or a double bottom at the 0.85 area OR Will be looking for a short opportunity on the break and re-test of the 0.85 level Lets see how it pans out
Momentum running out on EUR, broken a horizontal channel and a most recent support Will be looking to enter at the close of this 4 hour candle which closes in just over 15mins Could turn into a great little trade Lets see how it goes.