austinstrode

austinstrode Updated 

Time for a drop! We're in a large downtrend, price is making its way down, and we've been continually tapping a major rejection zone. Keep in mind when and uptrend hits and down trend then price consolidates a major move is immanent. Well I am expecting the macro trend to hold strong and expect is to drop down, the bears look to be winning this battle.

austinstrode Updated 

Looking for another push down. This pair has been in a downtrend for years... The daily has been coming down steep, end of last week we tap and rejected the trendline again. There is no denying the downturn, we have another classic 14/50 ema squeeze. Looking for a pending, if we reject the 200 ema I will likely expect at breakeven or better. If we break the 200...

austinstrode Updated 

Looking like we have another push down, currently it is in a pullback of the micro trend. However, it appears exhausted and the 14/50 ema squeeze is looking like its ready to return to its macro trend, which is a down trend. Thinking if price breaks it will break a lot. only risk with this that I see is it might break the trendline down to the 200 ema and bounce...

austinstrode Updated 

As we can see in the photo we've been in a nice uptrend the past week, holding strong still. Price might continue to rise, however I have a pending set as it appears that momentum is now heading to the downside. Expecting us to fill the previous range if we break the trend line/ Please note, price action and the squeeze of the ema. On the 1H timeframe we see the...

austinstrode

HTF always prevails

austinstrode Updated 

Price is in an uptrend for the past week, otherwise we're been going down for awhile. We just retested the trendline. Price was moving upward quite aggressively, taking no time to rest and catch its breath, feels winded. We formed a doji at the top and now price is stalling. Expecting a drop in price back into the trend. Place pending a few pips down to give us some room.

austinstrode Updated 

We got the brake out I expected in GBPUSD! Price is slowing down. Momentum is slowing, granted it could be gearing for a move upward. Thats why I am placing pendings below the 14ema. Expecting this to retest the old trend.

austinstrode Updated 

The drop is coming! More pendings being set. Price will make its drop soon. Likely the HTF will continue its trend down. Losing volume after the big push around the trendline. Expecting a bounce downward.

austinstrode Updated 

Price overall is in a down trends the past few weeks. However last couple days have been bullish. Taking buy orders as price moves back up to the trendline, will be closing trade then as I expect it to bounce back down after trendline touch.

austinstrode Updated 

Since July 18th of this year we've seen price drop. Its be a steady and at time sporadic drop. We're currently at the tipping point of a symmetrical triangle. Somethings gotta give. Based on the HTF I am anticipating a move to the downside, however in order to mitigate risk instead of taking sells now, I am putting a pending order below the triangle. Expect price...

austinstrode

Working on a new strategy for swing trading... Feeling good about this playing out. It'll feel weird holding a trading for so long!

austinstrode

Price is in momentum, we will see the previous 4H candle get filled. Additionally, on the 1H timeframe the EMA's will likely cross soon.

austinstrode

I realize tomorrow is NFP... Forget fundamentals for a moment, the technical's are pointing to the fact that we're back at a MAJOR support level. If you open the monthly and weekly chart, this is a major support on those time frames as well. I'm bearish overall throughout the next week, but in the next 12 hours I'm bullish. Expecting a bounce up before going to...

austinstrode

Looking pinched. Liquidity coming into the market in about an hour, not too much movement being its Wednesday of NFP week. Quick trade and out.

austinstrode

We're pinched. Expecting a quick drop. Hovering around support prior to London open. Interesting to see how london opens today. Market should move a lot during this london session.

austinstrode

Bullish. Price may open Sunday bearish, but anticipating it will bring us back to our TP before being stopped out. Likely to flirt with support before breaking up, awaiting Sunday opening hour for confirmation on momentum.

austinstrode

Grab some pips on the way down, because after that, I'm very bullish on this pair.

austinstrode

Short term long. We need to see retracement, I believe we'll retest prior resistance, and the drop below the fill the previous gap. Long term, short.