So, I'm short again at 4140, which is already looking as a potentially flawed trade, but we will see.
With the 4hr closing at 4142, it certainly appears that trends are basically maxed to the upside. I was looking and I do think it is possible that the Weekly timeframe could get an uptrend close to here, so I might hold through past that and see what...
CHF/JPY:
• If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets...
This week was really good to me. I'm trading smaller size and seeing some nice ranges on the channels from my watchlist:
- AMZN
- BA
- FB
- NFLX
- NVDA
- ROKU
- TSLA
ROKU was a literal bitch that had NO LIQUIDITY while my data was dragging on the execution to get out (I may do a video on what I saw on my end).
TSLA was a winner on puts and calls. I love love...
Alright so I'm super excited to see some clarity in the markets when it comes to phases and identifying setups that give me an edge. In this video I talk about accumulation, distribution, acceleration and the declines.
Traded $TSLA for the flush on Thursday and calls on the acceleration to test supply on Friday.
Good week with patience.
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DISCLAIMER:...
EUR/JPY:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes up impulsively to and ideally just above other upper...
AUD/USD:
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price pushes up impulsively to and...
SUGAR/USD:
• If price pushes down below our upper trend line and a tight flag follows, then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
GBP/USD:
•...
GBP/USD:
• If price pushes up to and ideally just above our upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes up impulsively to and ideally just above the upper trend...
EUR/JPY:
• If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing push back down below it followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup...
EUR/JPY:
• If price continues to correct then I'll be looking to get short with a risk entry underneath the correction.
• If price does break the correction to the downside and I'm asleep when it happens, then I'll be looking to get short with a reduced risk entry after the break of a subsequent tight flag if it follows a convincing impulse down.
• If neither...
AUD/CHF:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to give us a confirmed second top, it then pushes down to give us a confirmed second bottom and then it pushes back up to and ideally just above the upper trend of what would then be our...
AUD/CHF:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above either our upper rayline or our upper trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line...
CAD/JPY:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to give us a confirmed second top, it pushes back down to give us a confirmed second bottom and then it pushes back up to and ideally just above our rayline and the last part of the move is...
CAD/JPY:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to our upper trend and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price...
NZD/JPY:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen...
NZD/USD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a...
NZD/USD:
• I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing push back down below our lower rayline followed by a tight flag where I'll be...
EUR/USD:
• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price pushes down to our lower outer structure trend line and the last part of the move was corrective, then I'll be looking to get long with a risk entry after a phase line break on either the one hour or the fifteen minute...
