Good afternoon ladies & gents, After spending 3 days in consolidation, accumulating and collecting orders. CJ is now ready to displace higher to take out the monthly equal highs where a large pool of liquidity lies around the 91.500-92.000 level. I'm looking for price to trade back down into the H1 Bullish Orderblock, where I'll be looking for a long. Initial...
Good morning ladies & gents, I believe USDCHF is ready for its bullish cycle going up, although there are many significant targets to the upside, I will trade this pair in chunks as its better for capital efficiency. After moving out of its low yesterday, USDCHF is sat in Level 1 Long. Price has traded down into the H1 Mitigation Block which overlays with the...
Theta coin has made an impulsive move to the upside and broke out of its 24 days long consolidation between 11 and 13.5, and it's currently retesting the breakout as new support. This is healthy price action and provides us with an objective entry anticipating more upside. It is also supported by a few indicators. Pros: - Broke out of consolidation box between 11...
Good afternoon ladies & gents, After multiple days of drop. Price has finally reached our objective, the Daily Bullish Orderblock. We are now anticipating a reversal, a clear structure is seen on the lower timeframes that supports a reversal today. DXY is looking bullish and ready to push up from this area. As the weekly & daily institutional orderflow is...
Good morning ladies & gents, Hope you're all having a good Friday morning. A sell structure has presented itself on EURGBP. After a relentless move to the upside all week from the rejection of the Weekly Bullish Orderblock, we can anticipate a move down to the area indicated below prior to a continuation to the upside. In light of this, the M15 chart shows a...
Good morning ladies and gents, Price has retraced back into a Daily Propulsion Block. On the H4 Chart, price has dropped back in an area we label "Source". As per our system at AmplaFX, the H1 and M15 rules are fulfilled so we have found a long position available at current market price. Looking to take it up to refill the H4 imbalance for an RR of 1:5. I...
Backtesting The session I missed because I'm a dumbass
Good afternoon ladies & gents. USDCHF has presented us with a very high risk to reward sell opportunity. I've got a short term target of 0.93360 which yields an RR of 1:5 approximately. I've got a secondary target at 0.93090 which is apprixmately 1:10 My third target is the H4 bullish OB below which is an RR of 1:20. My final TP target is 1:26. Good luck....
AUDUSD also favouring our SELL here... this trade now at a 6.3% account gain risking just 1% ! what best of all? not a single second spent on the chart analysing
SWING TRADING JOURNAL I'm bullish for NZDCHF and this is my plan I will; BUY NZDCHF somewhere at Green Box (try to buy lower as possible) SL below RED LINE Final TP at Blue Box If you trade AUDCHF, do not trade this! Manage this trade with your trading style, maybe you want to; 1. Close your position early (at 1R, 2R or any profit level) 2. Move your SL to...
SWING TRADING JOURNAL I'm bullish for AUDCHF and this is my plan I will; BUY AUDCHF somewhere around 61.8 FIB (try to buy lower as possible) SL below RED LINE Final TP at Blue Box Manage this trade with your trading style, maybe you want to; 1. Close your position early (at 1R, 2R or any profit level) 2. Move your SL to break even 3. Scale out 4. Trailing...
The Idea is to go long only if the 1.00 Pound resistance level will be broken.
RSI Trending Up since March 2020. Unprecedented Volumes
LSE:RR. OTC:RYCEY Looking at RSI trendline, support trendlines, volume, the stock looks like it is preparing to go somewhere. The last Impulse wave began in October 2020 and ended in December 2020. I believe we are about to complete the correction we are in since December 2020, and preparing for another move up in the near term.
Rolls-Royce Holdings (STOCK: RYCEY) ABC Correction Looks Complete + Double Bottom + Bullish Divergence On The Multi-Year: -Lower Lows In Price
SWING TRADING JOURNAL I'm bullish for CHFJPY, and this is my plan I will; BUY CHFJPY somewhere at Green Box SL below 116.820 Final TP at 118.240 (Blue Box) Manage this trade with your trading style, maybe you want to; 1. Close your position early (at 1R, 2R or any profit level) 2. Move your SL to break even 3. Scale out 4. Trailing stop 5. Re-entry if bullish...
HOLD For now - Go long only the resistance level of 1.0 Pound Will be broken. Wait the end of a possible price retracement and go long only id the Support level of 0.865 will not be broken LSE:RR.