damian10

damian10

gbp/aud could potentially form new structure high, rsi oversold, 0.786 fib retracement, I will wait for moving averages to be crossed on the 1h timeframe. but most important is risk/reward.

damian10

SHORT POSITION ON EUR/JPY, WE'LL SEE WHAT PRICE DOES, IF IT WANTS TO CREATE NEW LOWER LOW, OR BREAK RESISTANCE. 0.5 FIB RETRACEMENT AT STRUCTURE RESISTANCE IN THE PAST (119.497). RISK/REWARD = 2:1

damian10

NZD/USD WAITING ON A LOWER HIGH , 0.382 FIBONNACCI LINES UP WITH PREVIOUS RESISTANCE, WANT TO GO SHORT IF I SEE BULLISH EXHAUSTION AT THAT AREA.

damian10

AUD/USD COULD POTENTIALLY BOUNCE FROM THIS SUPPORT.

damian10

EUR/JPY HAS BROKEN LAST SUPPORT/HIGHER LOW, NOW IT HAS MADE A NEW STRUCTURE LOW, WAITING ON PRICE TO PULLBACK TO ONE OF FIB RESISTANCE LEVELS, AND FROM THERE SEE BULLISH EXHAUSTION ON THE 4H, THEN DROP A TIMEFRAME TO THE 1H TO TIME MY ENTRY. RSI ALSO APPROACHING OVERBOUGHT CONDITIONS, (7). TO DETERMINE MY TAKE PROFIT, I USE A FIB EXTENSION FROM HIGH TO LOW AND...

damian10

USD/CAD showed buyers exhaustion at 0.886 fib retracement, 2-1 risk/reward. I entered on the 1h when my moving averages crossed, unfortunately it touched my stop loss, it happens, part of the game.

damian10

Downtrend, market just created a Lower Low on the Daily, potentially lower high at 0.618 for a test of the last low/ or one of the extension levels.

damian10

Waiting to see if price retrates to a fib level and looking for sellers exhaustion

damian10

WAITING IF PRICE RETRACES TO A FIB LEVEL, AND LOOKING TO SEE ANY SELLERS EXHAUSTIION TO GO LONG.

damian10

simple break and retest

damian10

JUST WATCH THIS LEVEL

damian10

POUND COULD POTENTIALLY DROP, AFTER A BREAK OF HIGHER LOW ON HIGHER TIMEFRAMES, LOOKING FOR A LOWER HIGH/RETRACEMENT TO GO SHORT.

damian10

BUY WHEN IT HITS THE 38.2% FIBONNACCI WHICH IS STRONG SUPPORT/RESISTANCE LEVEL.

damian10

I will go Long if price retraces to that zone.

damian10

Waiting on Retracement/ Pullback to resistance, which lines up with 38.2 and 50% Fibonacci.

damian10

NZD/JPY LONG

damian10

BULLISH ENGULFING ON THAT LEVEL FOLLOWED BY RSI OVEBOUGHT, MULTI-TIMEFRAME CONFLUENCE. ENTRY= 128.075 STOP LOSS = 127.767 TARGET = 128.519 GOOD LUCK!

damian10

I'm constantly working towards improving myself, with only 6 months of experience, I understand about Technical Analysis, controlling your emotions, and so many other aspects. Trading has really changed my perspective on life, and sometimes when you fail at something that you've been doing your whole life, (soccer in my case, two surgeries on my right knee), it...