AUDJPY broke out from longterm channel movement yesterday on 26th of May, 2020 and did around 1,7% daily average movement. We got new Higher High which is not proved yet, but this might be a very god sign to move in trend idea. We got first trend confirmation, but right now we have to see if sellers are out of gas (liquidity) and test new support levels. We can...
Cable (British Pound Sterling, GBPUSD) is in an obviously beautiful BOOMER market, nose-diving South.
During a Downtrend market like this is, one of the wise things to do - is to ride the wave, trading FOREX.
As per the CONDI Trading System tules, the only trading allowed in this setup is (strictly!) with the trend.
T.m. only taking Short trading opportunities,...
Apple stock has recently passed the NO-TRADE zone and morphed into the BOUNCER Market Personality.
When Mr. Bouncer is in town, we are allowed to trade both long and short. Which is great.
As per the CONDI rules, most technical studies show near-perfect signals inside the Bouncer MP .
There's just one condition - every recognized trading opportunity has 2 be FULLY...
In a Bouncer market like this is, the CONDI Trading System allows us to trade both long and short.
We only pull the trigger - and this is important - as long as our trading opportunity is fully confirmed.
Most technical studies show signals near to perfection while Mr. Bouncer is at play.
Recongnized a promising long opportunity 100% confirmed via the CONDI TS at...
EURUSD has its last buying area (green)
I will place a trade there.
The movement 0A is correctiv. But if you look overall, you see that the market is moving in the red rectangle -> bigger buying area.
This movement is corrective and it could be possible that the market want to break out of these areas.
$MRCY is breaking out the pivot. However, there are two things to watch out. One is RSI which is still under the trendline and the other is volume that is also under average. It matters how it will close by Friday
CADJPY is near by a buying area. It hit it sometimes before as you can see (red rectangle).
This movement from A to B is corrective.
Check my signature below for updates and more.
Nachdem unsere Sequenz schön abgearbeitet wurde , warten wir auf den neuen Kaufbereich.
Wir können hier auch in den Markt shorten , was aber mit MEHR Risiko verbunden ist.
Also wieder abwarten und Tee trinken.
Wenn der Markt runter geht in die Gegend von 111.000-111.400 , werde ich meine Longpositionen bereit haben.
Bis dahin heisst es abwarten und Tee trinken.
The blue rectangle is a small buying area. The correction starts of a red rectangle. The current 0A-Move is Impulsive and AB-Starts to be corrective.
To get updated from this trade, check my signature below.
The little blue rectangle is a new short area.
It is build up from a secondary bearish sequence which is started from a red one.
if the price is below the yellow line the rectangle will move. To get updates of trade, check my signature below.
