AfterlifeTrading

AfterlifeTrading Updated 

Was hoping for a shift last week. We didn't see it and EU has came deeper into daily & 4H demand levels. Will it continue down or will LTF structure take over and push EU back up? Fundamentals are consistent with a stronger dollar... I have posted a full breakdown of my analysis and ideas on YT which is linked in my bio.

AfterlifeTrading Updated 

Unfortunately, yesterday's shorts didn't play out as expected. The DOL never got hit but after seeing the aggressive move to the upside, realized that the DOL was hit on EU futures. So this could be the catalyst why we are seeing EU shift bullish. After that aggressive move, price is currently in the middle of the range. Focusing on the impulse leg, would...

AfterlifeTrading Updated 

EURUSD has been respecting OTE levels most of last week and pushing further down. I am watching to see if we can get a confirmed shift at this range to look for shorts early in the week. Expectation is for EURUSD to continue to the DOL at 1.0833 area. After it reaches the DOL, need to see the reaction there. Likely to react after taking HTF liquidity. But...

AfterlifeTrading

EU has been bullish the last 3 days but shows signs of a potential reversal. EU has provided a strong reaction from the daily decisional supply zone. AMD has formed and we are starting to get a pullback for entries. Appears like liquidity creation to induce price to come into supply and take out the 15m FVG before reversing. In terms of HTF EOF, if...

AfterlifeTrading Updated 

EU is extremely bearish but could it be time for a pullback? No confirmation yet, but maybe we get one after the market opens. I just finished my weekend analysis video and figured I would share my 4H chart. After pushing down so low, there is no more liquidity to take? How about a pullback now? We are in daily/weekly demand so, it wouldn't surprise me if we see...

AfterlifeTrading Updated 

Just finished my weekend analysis video and figured I would share my 4H chart. Following the drive up on Friday, creating a near perfect accumulation schematic, I am very bullish on EU next week. But only until Wednesday as FOMC could cause price to go either way following the int rate hike announcement. First target is 4H imbalance & 4H supply. If supply...

AfterlifeTrading

Seeing how EURUSD is at extreme lows on the monthly and weekly and some long awaited news from ECB, there is a chance that EU could start reversing from this range. EU's reaction after it swept and induced the previous lows and the subsequent PA, following NFP further strengthens this idea. I will closely watch PA early in the week to see how price plays out...

AfterlifeTrading

What a run for Bitcoin the last couple days! Really loving in. But as we just created a higher high, took out some of that buy side liquidity and starting to see some distribution at these highs on seconds charts, I have set an aggressive low-risk entry to take back some of that liquidity that was formed on that massive push up. Normally I would like to see...

AfterlifeTrading Updated 

So far, we've seen a nice run on BTC. And its been a while since I've traded BTC, but as I missed alot of opportunities since last week, I figured tonight would be a good night when I saw that nice pullback. As I am seeing bullish structure being formed, I entered a LONG, hoping for continuation. Reasons for entering trade: 0.618 Pullback of the last...

AfterlifeTrading Updated 

Posting an update to my analysis from the beginning of the week. Since my previous update, we saw a clear sign of weakness. Then the price created another creek and after this final distribution, created one more thrust before consolidating then starting the descent down. I entered at the imbalance as I wasn't expecting another UT before pushing down. The entry...

AfterlifeTrading Updated 

When I was looking at the structure of EU, I was thinking that we were going to see continuation. I am actually still in a long trade as we speak. But EUR is quite weak and we have yet to see any sign of continuation nor break of structure. The more I look at the structure, It appears to be distributing more than accumulating. As such, I have changed my...

AfterlifeTrading

Interesting to see GJ creating a symmetrical triangle like this. It could go either way but my guess is that it's going to drop to the recent lows. but if it goes up, my guess it will retest the trendline at one point or another before doing so and continuing to the recent highs or even creating new highs. Let me know your thoughts. Trade Safe! HEET

AfterlifeTrading Updated 

Apologies for not posting prior to entry but as I've had a couple of bad EU trades posted, I didn't want to distract in case the price action didn't go as expected. EU: Finally got my short for EU. I entered last night and nearly stopped out. And then scaled in before going to sleep. Looking to scale in again after a clear break and retest of 1.2 level. ...

AfterlifeTrading Updated 

I am still looking for shorts following my HTF analysis from last week. Following that last drive up, it looks to be an overextended impulse and from my point of view, assumed fakeout if we see DXY reverse from here. Following a scalp on that impulse up, I entered a high-risk short, hoping it goes down to the 0.618 fib level as I have been anticipating. ...

AfterlifeTrading

Yesterday, when I was reviewing the charts, I was looking for buys around 60k for buy entries. But as we saw some FUD enter the markets, the price took an unexpected dive. This in effect altered the structure and gives a little indication of what's to come. Looking at the structure now, it looks like we will see a retrace of that drop back to around 60k...

AfterlifeTrading

For the last week, I've been anticipating a drop in EU, and now, it finally looks like the bulls are starting to lose strength. The resistance zone has been retested multiple times since yesterday and failed to break above. I am expecting one more push down completing the H&S before the next wave up. As of now, the price hasn't even started to break any...

AfterlifeTrading Updated 

I'd been looking for NZDCHF to bottom out and start to break up. It created some structure and had a small impulse up. It is still below the HTF trendline but I suspect this is a fakeout as I was expecting it to pop up any day now based on the previous wave pattern. My indicator showed a rebound entry from the lows but I didn't catch the high-risk entry. ...

AfterlifeTrading Updated 

I tagged this as one of the pairs I was watching during Asia open. Unfortunately, I missed this trade as I was closely watching my EJ trade. I didn't even realize that there was a perfect rebound entry, based on my indicator until after the fact... I can't complain as the EJ is getting close to the target. But would have loved to have gotten both of these...