girolamoaloe

girolamoaloe

EURGBP went out from the basing defining a new demand level. I wait to sell in the higher supply level, following this potential trading plan. I skip the lower supply, it was already tested and I can wait to see it taken out. I keep my focus on the higher supply level and in the chart I marked the entry points in my interest to sell. There are other potential...

girolamoaloe

Bearish Scenario for GBPUSD. I didn't buy last week, my order was not executed for some pips. Then now, following the Trading Plan, I wait to take sell trades in the supply level for the middle term. I show in the chart potential entry points where take sell trades. They are my reference points, for now. The lowest one takes the highest risk, of course. What do...

girolamoaloe

GBPJPY is a pair that pay a lot. According with the trading plan I bought at 181.09 and for days I waited patiently. I am considering an exit point approaching to the closest supply level and set there a new sell order. you can see in the chart potential entry point for sell trades in the supply level. In any case, my expectation is that GBPJPY could continue...

girolamoaloe

I had no intention to trade USDCAD for the moment. I was waiting a new top and the convergence with the higher and old fresh supply level. But considering how the price moved last Friday, if the price will move down more, going to the used demand levels, I would take in consideration the possibility to buy in the dip. In the chart, some potential buy...

girolamoaloe

USOIL is basing for 5 weeks now. it is good for day trading, but not for me. The unbalancing is expected and it could happen very soon, considering the price action in the last weekly candles. Let see. two potential trading plans for the prevail of supply or demand willing. In both cases the opportunities are really good as you can see in the chart. What do you...

girolamoaloe

XAUUSD reached the demand level by the volatility of last Friday and spiked up. I had a buy order, it was not executed for a few pips unfortunately. The expectation for the trading plan is that the price could rise more, at least to retest the nearest supply level. we will see. I want to see the behavior in the next days to have the situation more clear. The...

girolamoaloe Updated 

The price action moved the GBPAUD inside the demand area so the buy orders made it spike up. It is ok, nothing wrong with it. I am still selling since 2.1998. If the price will have a new swing I think to sell more in the new fresh supply level. In the chart are visible some potential entry points for sell trades. My target is still 2.12, but watching the weekly...

girolamoaloe

The buy opportunity in this scenario is risky, because the demand was already tested and it seems uncertain. In the demand I marked 2 potential entries, but the highest one has been already tested. so in this retracing back I don't take it in consideration anymore, but I expect to buy in the dip on the lowest entry point, if it will be possible. The Trading Plan...

girolamoaloe

Following the bearish pattern, I bought last week in the highest demand level marked in the chart and closed the trade with +364 pips of profit. My sell order was set to 2.1988, 2 pips under the price entry marked in the chart (purple line). Following the Trading Plan, the trade was in running for the whole week and now it is going deeply in the weak demand. The...

girolamoaloe

Taking in consideration the behaviour of SPX500 inside the demand level that was tested 2-3 times now, I can think to sell in the fresh supply level (drawn in the weekly chart) triggering a first trade, a small one, inside and near the proximal line. The weakness of the already tested demand can suggest that it could be taken out in the next retest. I marked...

girolamoaloe Updated 

This scenery on GBPJPY can still be valid for me. I have still two buy orders in the deep of the demand level (purple lines). The weakness of GBP today can let me think That at least one of them could be executed in this week before to follow the trading plan. SIGN UP to my Website Newsletter. DO IT NOW! - girolamoaloe.com The expectation is always the one to...

girolamoaloe Updated 

I have a buy trade from the closest demand level. my trading plan is to take profit around 2.19 and sell at a higher price considering the possibility that the demand level could be taken out in favor of the lower demand. SIGN UP to my ‪Website‬ ‪Newsletter‬. DO IT NOW! - girolamoaloe.com

girolamoaloe

USDJPY is boring at the moment, for traders like me that wait for trades that can give a reward of some hundreds of pips. This currency is basing for several weeks now. I am waiting the unbalancing in Supply and Demand Willing to define a trading plan and get some money from this financial instrument. SIGN UP to my Website‬ Newsletter‬. DO IT NOW! -...

girolamoaloe

USDCAD is converging to a fresh supply level after years. I take in consideration the possibility to sell in that level, in the convercenge, if it will be possible. SIGN UP to my Website‬ Newsletter‬. DO IT NOW! - girolamoaloe.com One important thing to take in consideration is that the trend is bullish for the long term and the USDCAD chart is overextended,...

girolamoaloe

GBPAUD shows a bearish triangle pattern. I closed my buy trade with 364 pips of profit. Now I have a sell trade since 2.20 (opened at 2.1998). Following the Trading Plan the idea is that the price could drop for the next days, taking out the tested demand level, going to the lower fresh demand. SIGN UP to my Website‬ Newsletter‬. DO IT NOW! -...

girolamoaloe

The demand level has been already tested 2 times. but it could be strong enough to support a new swing before the price dropping. I could consider a potential buy trade in the deep of the daily chart demand drawn. Just a Small trade because the risk is higher than before. Eventually i can sell later in the nearest supply level. SIGN UP to my ‪Website‬...

girolamoaloe

In the eventuality that the price will retrace back in the deep inside the demand level in the weekly chart, I have 3 buy orders ready to be executed just in the demand level drawn in the daily chart. the buy trades will be kept in run for the middle term. SIGN UP to my Website Newsletter‬. DO IT NOW! - girolamoaloe.com There is the possibility that the price...

girolamoaloe

The chart shows a good opportunity to buy EURJPY in the test of the fresh demand level. I have already set 2 buy orders there to make run until the test of the closest supply. The closest supply is also a fresh level and it can be a good level to sell for a large profit considering the possibility that the price could break the closer demand and go down in the dip...