The average ATR has slowly decreased over the last month or so possibly indicating a break out soon. End of month or beginning of the year. If the 15 min chart shows a 5 day range contraction I may put in a a buy stop.
This is zoomed out a bit more and shows a textbook bull flag. Hard to believe. Entry could be tricky.Watching closely
Unusual pair for me to trade but you have to trade what you see. Weekly chart shows no resistance for a while
I am getting ready for a break north. Maybe tonight put in a buy stop for new 5 day hi. It is possible that it would break to the south but I feel that is unlikely because of the very positie non-farm report.
I am watching this. May enter on new day low. I don't want to enter on the move of the retrace.
Documenting my trade this morning. This is what I'm starting to watch for more & more
I have been working on this entry system for a while to go with my price action analysis on daily chart.
May be slow this week with Non-Farm coming up but this baby could bust a move.
I believe this has some major potential. A measured move would be over 300 pips. First target is about a 100 1st week of December might start the move.
This is a brutal chart for the Aussie. Will it end or just keep sliding?
I have been patient on this one and actually had a couple early small profitable trades. Now I want to take this one a long way up. We will see what the beginning of December holds but I am ready for break out above .8571
Not only is this an ascending wedge. It displays characteristics of a bear flag.
The good amount of consolidation should provide a spring effect of either breakout..
I may play this with 2 orders. A small lot for breakout and a bigger lot if it retraces to 1.6800. I won't play the downside break of trend line.
This affects a lot of trades I am looking at. Will it reverse here or go a little further?
Sitting right at 50% Fib, I am in this a little early. Looks great for this week.