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M - market was in an uptrend then reversed and formed a head and shoulders pattern
A - the right shoulder and 38.2 Retracement
E - entry was late on the right shoulder but got in on better price
E - on the neck line for 1:2 gain
M - market made highs and failed to make higher highs. Price has now,declined and is on a downtrend
A - price retraced to what can be considered two areas of value. First is the right shoulder formation and second is the 38% fib level.
E - entry was on the engulfing candle stick rejection on the 38 fib level
E - exit will be at 0% fib level
this is a trade which formed late last week and followed through at the open of the Market
M - market could not break daily resutance to the upside and sold off. Market is currently in a down trend on both 4hr and 1hr
A - price broke through a previous support now turned resistance and has not retested the same zone twice
E - entry on Engulging. Pin bar or...
M - market is in down trend. If price fails to make lower low and retraces to fib 38 or 50 level we could see a potential head and shoulders forming and could see price buy to the upside
A - the area of value would be the right shoulder where we would enter long.
E - entry would be a bullish engulfing , railroad track or candle which shows rejection off that...
M - market is currently in uptrend
A - price has broken above resistance and retested it
E - bullish engulfing on resistance
E - close 50% of trade at swing high and leave the other 50% to run
Will close Thursday night if targets are not reached
M - price is in uptrend
A- price was bouncing off trend line and support, two confluences
E - bullish engulfing on support
E - previous swing high
Will close 0.5% of trade at previous swing high and let the rest run
M - price is currently in down trend
A - price pushed down and broke previous support level
E - bearish engulfing
E - 1-1 risk to reward
I’m expecting price to push up first before it pushes lower. Eurusd and eurgbp giving the same signal so risk is reduced on each trade