Key details in Signposts. Hourly selling pressure has died down at the 1.7283 level. Structurally, good opportunity to continue building a position in this pair. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in...
Quite a few Signposts on my chart as I've been monitoring this pair for quite a while. 81.7 was a structural resistance, which we'er seeing that it's no longer holding. Quite a few sellers were recently trapped, which is a good sign that we probabilistically can expect further upside. [ Note that ideas published represent my viewpoints on structural...
Signposts detailed key signals on chart. DXY continues to trend higher along with a recent surge in 10-year Treasury yields. 90.715 is another key level that DXY is threatening to breach above. We saw a recent test of the 90.715 level, which we was not followed by a strong reversal. [ Note that ideas published represent my viewpoints on structural...
Signposts summarized key chart details. Sell off from the 141.24 level continues to weaken. While 140.69 is a rather minor level, price is holding on this week's open. Pound traded higher despite Brexit news, which is expecting to hold given current price action. Aiming to see 141.24 resistance invalidate over the next couple of weeks. [ Note that ideas...
Signposts on chart outline key details. We're seeing an upper resistance invalidate. When price crossed back below, selling pressure remained weak. This will hopefully trap a bunch of sellers before pushing higher. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry,...
Dollar strength remains wonky at the moment. Nice doji on the daily, but we're looking to see if it holds below the 89 level. This may provide further indication that the short term upside is over.
Anchored notes on chart outline key details. If this level holds, there's a good R-multiple trade here. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple...
I was long earlier this week in anticipation that the 1.6981 level (lower range boundary) would hold. The move up was cut short and I'm now changing my directional bias. Currently looking for price to make another attempt to trade higher, but failing to hold at the higher price level. [ Note that ideas published represent my viewpoints on structural...
Gold held below the 1,899 resistance level since late November. This 1,899 level touched again on December 20th and a week later on the 27th. Selling pressure continues to remain lackluster so we are eyeing a break on the upside. Any upside is expected to produce a higher R as opposed to a play on this level continue to hold as resistance. [ Note...
Major structure change is underway on this pair as price is bottoming out. Current level is very minor, but significant as price is looking to push higher. The previous breakout failure indicates that selling pressure remains rather weak. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit...
Standard fakeout trade opportunity. Price briefly crosses above the 0.9110 level and fails to hold above. After seeing price fail to close higher for one 4-hour session, good timing to optimize entry. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take...
Beginning to see a structural change on this pair. Daily chart will be posted in follow-up. Daily pin bar formed, which is a good indication price attempted to trade lower and failed to sustain. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop...
Refer to chart for key reference levels. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a...
As we transitioned to the month of December, price failed to breach a previous high at a structural level. Daily TF will be attached below, but we're seeing price continued to hold resisted. This particular recent level provided a rejection signal that price was unable to sustain when it attempted to trade higher. Bit of illiquidity going on as bids quickly...
Price stalled as we approach a 2018 level marked at 90.565. Specifically, price broke above this level back in 2018. Over on the hourly, we're seeing price holding higher on the 90.75 level. If price holds, we can expect short term upside and trade around our major pairs accordingly.
Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage...
No directional bias at this point, but how it plays around this level may hint at momentum plays on the major pairs for the weak ahead. Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy....
Over on the daily, we see price leaning towards the upside. Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are...