NeoDaNomad

NeoDaNomad Updated 

Today, the market finally broke back down below 1.1250 and the market is currently consolidating just over 1.08. I'm happy to say that I took over 50 pips from that move! The market dropped over 100 pips today, signaling the end of a 3 day pullback on the Euro's inevitable fall back down to parity. There are only 5 key levels sitting between current price and...

NeoDaNomad Updated 

That's it, Structrue has broken down, you can see the breakout pattern concluded as well, price failed to break through the price line and we saw new low immediately after. The best possible short scenario would be an entry at the retest back to the lowest point of the range.

NeoDaNomad Updated 

I posted this trade about 2hrs ago, and it looks like another winner. It's be interesting to see the next place that the market finds support I'm thinking the next place price will stop is right around 1.00825, since the market has reversed in that area 5 times in the past 2 months. We'll see!

NeoDaNomad

Can't celebrate just yet, but this trade is going to be my biggest payout of the year! I'm still looking for good scalps, so if the market reversed, I'd be down to jump in on the reversal.

NeoDaNomad Updated 

Like I promised, just tapping in to let you know that I took 40 pips from my last entry Waiting for a rally, back up to supply, I'm considering getting back in at one of the white supply zones on the chart. A bearish spike at those levels would confirm the entry I'll keep you posted That's 70 pips so far this morning this morning, which outperforms the trade by...

NeoDaNomad Updated 

The price line has been breached! If we see consolidation under the price line, that could indicate that price will continue down, further into profit. Look for big rejections under the price line, to confirm the move to the downside. I'm not going to make the same mistake I made yesterday. I'm going to wait until price reaches demand, and take profit then look...

NeoDaNomad Updated 

This trade has gone from over 50 pips in profit overnight to about 10 pips down during this London session. But that's the nature of trading reversals. In my second update I mentioned that a rally, was the most realistic scenario to expect today, and that's because you can see price found support at my first entry. That's really it for the negatives, no stop outs...

NeoDaNomad

So things are going to plan, so far, we saw the rally, the market failed to break yesterday's high. And price has followed the breakout pattern and returned back to the price line. A break through would put this move comfortably back in profit like I mentioned in my last update. These are all positives. But I can't help but thinking about the fact that I could...

NeoDaNomad

I was anticipating strong resistance @ 1.036 and it came! Price has now fallen over 50 pips from my second entry. I ran a tighter stop on entry #2 so I ran a slightly higher lot size That brings my average fill up to around 1.03235 putting this trade over 20 pips in profit so far. My best case for tonight is that price continues to fall, but I think a more...

NeoDaNomad

The first of my two short entries got triggered last period! I have another entry with a much tighter stop on stand by should this move continue up to 1.036 I'm targeting parity, this trade is a little over 2:1 RR because I didn't really have the best entry, but one of these entries, I'm confident will pay me by Friday at the latest. Check out my original posts...

NeoDaNomad Updated 

Another breakout pattern happening on the chart, amidst speculation about the Fed raising interest rates. The swing high we saw today, Is most likely at an end, New York just closed and price peaked at a resistance / supply level. Generally speaking, higher US interest rates mean "stronger" Dollar in Forex. When paired with the struggling Euro, it most likely...

NeoDaNomad

If these ranges lasted forever, I wouldn't mind at all. I took 53 pips this morning long, this was something I posted 2 times about last night and this morning, so check those out for a more in depth look at the signals that lead to that move. It's really important in this market to be in before the move happens, you miss out on a lot of money, and your exposure...

NeoDaNomad

I'm genuinely tired of seeing this pattern in the market, then watching the feed and seeing all the poor traders getting sucked into this same cycle. It's not even fun anymore. Stop giving up your money so easily, please. If you're losing money today, please just look over my last couple posts and start trying to find this pattern on your own. literally every time...

NeoDaNomad Updated 

This is the exact same pattern that lead to the bullish surge on USDJPY. Just in miniature. Take a look! No difference

NeoDaNomad

When support finally broke @ 1.035-1.04 the Euro nose dived harder than an Al Qaeda pilot. I think its safe to say that structure has broken since then, and it looks like we could see that gap in resistance targeted this week. Horizon , my automated strategy, is currently in long as well. That gap needs filling, and I'm going to be the one to do it 🦸😎💪. Good...

NeoDaNomad

Synopsis If you trade Forex then you know the weekends are the best time to analyse the market. Everybody likes to talk about how volatile EURUSD is, but what they don't tell you is that the market is ranging a good 80%-90% of the time; good deals do NOT last long. In fact, half of a days price movement can play out in 15-45 minutes, It's that fast. The best...

NeoDaNomad Updated 

Horizon entered short right around current price. It looks like an inverted H&S is forming on the 10 and 15 too. This is would be a strong bullish signal. Let''s see how things develop during the NY session.

NeoDaNomad Updated 

Horizon says go long, this is trade #2 of the forward test of my new strategy