About meTrading swings between major levels on hourly and daily charts, with some scalping at big levels or into trends using PA on 15 or 5 minute time frames. Most trades should last no more than a few hours and preferably no positions held over weekends
Looking at structure of the current hard run up, this pair might be looking to probe the highs at the big level near 148.10, if we are lucky a pull back to the breakout of 143.98 might offer a good location to get long into a potential move of some substance
1. Longs today at the little high at 144.08 will offer a nice entry beyond ATR with a possible stop at...
Bought a breakout and retest of the highlighted area of highs.
Target is a retest of the highs at 0.7319
Note: Trade added after entry for journaling purposes.
Sell retracement to last lows before breakout of the 23rd.
Confluence with 50% Fib in the middle of zone and just above 61 of that move down
50EMA falls inside trade zone as well
Note the highlight range is exactly a 50% retracement of the larger swing, potentially offering a continuation now down to the 127.1 extension of that fib which confluences with 112...
Gold broke down on the 11 Nov 2016 through a large weekly level, on return to the last high before the breakout we get short. Confluence with fib retracement on that large move as well as todays ATR.
Note its Friday and Presidents Day on Monday, its a big level however so may consider entering and holding even with the weekend and holiday.
Daily level above todays ATR confluencing with the 50% retracement of this large weekly move to the downside. Trade back to the consolidation zone formed over the last few days.
SFP on a big level with MACD divergence and beyond ATR
EUR is in a large downtrend, however this trade has a good R:R and after this parabolic move down a decent probability of a retracement at this time.
Hit market and got filled at 118.779, note I was a 10 minutes late in spotting this, then paid up a few ticks to avoid being left behind, it subsequently...
Broke a decent level to upside and formed a rounded retest. A little structure formed above but I don't think it is significant
Market is in a little uptrend on hourly, and this would be the first retracement and continuation with our zone falling into the 21/50EMA area.
Target is a little unclear , the ATR would be a good spot as there is a daily level, but...
Consolidated and formed a base over the past couple of days leaving yesterday as an inside day, broke out strongly to the upside today, buy on a rounded re-test of the level including the inside day high and 50% fib confluence
Similar to other pairs with EUR, a break to downside has dominated, attempt to get in short at a re-test of this level. Note D1 ATR will be likely just below this level if we get consolidation today with a return tomorrow
Pair broke below large daily level, sell the retest of this level back to the next FTA, which for now will be the high of the D1 pinbar formed on the 7th
Strong break downwards in this pair, level at 7242 now offers no decent R:R potential, so lets try to get in if this move triggered by RBNZ news gets retraced. Could be outside ATR tomorrow if the market consolidates now for the last few hours of NY trading.
Outside change this dump of EURJPY will continue to the last little H1 level confluencing with a 00 level well beyond ATR may make a good place for a high R:R retracement
Breakout of large level on daily, anticipating a rounded retest and continuation to the upside. Trade will be valid even if ATR moves away, but may pull order during NFP and won't enter after London close on a Friday.
