Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using Volume Profile + EW For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and...
Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile + EW For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and...
It's still not clear to tell whether Wave (v) is complete but what we can see from the chart is that the correction (a)-(b)-(c) is most likely over and price is surging higher, in an almost vertical manner. Furthermore the vertical reaction seems to have occurred from the 61.8% fibonacci level of the most recent impulse (red diagonal line). This makes me believe...
Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile + EW Expecting a bounce off of the Fibonacci region highlighted on the chart. For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account,...
Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile + EW Price is showing a nice rejection of a structure level so I am more inclined towards selling If Buy opportunities arise I will update below For risk and money management purposes, always determine a...
Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile + EW Expecting a drop off of the Fibonacci zone My entry will be the next 30m bear trend candle to form in the fibonacci area. For risk and money management purposes, always determine a max. of 2% risk on...
Expecting the index to come into the 0.382 - 0.5 fibonacci region before bouncing back higher and retesting the 97.00 mark. The 97 level happens to be a round number so it serves as a psychological level and it is the highest level reached so far this year. Let's not forget that the Fed's Interest Rate decision is due next week and with another rate hike (3rd...
Details: Buy Stop Order @ 1.2755 Stop loss @ 1.2587 (168 pips) Target @ 1.2952 (197 pips) R/R = 1.17 For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and closure of positions may be subject to alteration...
Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile + EW Expecting a bounce off of the Fibonacci zone For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to...
Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile + EW For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and...
Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile + EW For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and...
The pair seems to be forming a classic flag pattern which is why I will be looking to catch a measured move all the way up to the 1.32155 level. Details: Buy Stop Order @ 1.31830 Stop Loss Order @ 1.31530 (30 pips) Take profit level @ 1.32155 (29.5 pips) Risk - Reward ratio = 0.98 For risk and money management purposes, always determine a max. of 2% risk...
Details: Buy Stop @ 111.180 Stop loss @ 110.700 (48 pips) Target @ 111.835 (65.5 pips) Risk - Reward ratio = 1.36 For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and closure of positions may be subject to...
Expecting price to complete leg (c) of the correction (looking at an a-b-c zig-zag correction) which should see it finish in the area between the 0.618 - 0.786 fibonacci retracement of the most recent impulse. Upon completion I will then be looking to go long and buy all the way up until the 1.1811 as a target. Stay tuned as I will be posting exactly when I...
Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and...
Just like the title suggests I expect price to make one more move to the downside, enter the potential reversal zone (PRZ) and take off from there. In my opinion the price is just in consolidation mode now, preparing for yet another impulse up. My initial target will be at the Swing High, should there be an entry. I will update the post as to when I will be...
Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and...
Pay attention to the updates section as I will be posting when I will be entering my trade. The analysis is made based on order flow using volume profile For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and...