- Sold after the retrace of the bearish engulfing on the H4 supply/demand area for a perfect entry, though it may retrace it is good entry according to rules - Entered as a sell with just with these two reasons, put in a good RR but still think trend is up
- Though it didn't hit the third touch, I bought as it entered the supply/demand level - RR is good for this trade therefore didn't enter with a confirmation candle or exactly on the third touch
- Break of H4 and H1 supply/demand zone, came back to retest area - Bought on rejection of 50SMA (not shown in chart, accidentally deleted) - Thinking it would go to the daily 61.8 fib level and plan its next move there, but I'm keeping TP area closer
- Looking like yesterday's EURNZD, downside is that it just broke from a Head and Shoulders pattern - However it created a double bottom at a H4 supply/demand zone and that is good enough for me to go for a buy - Last low was also a rejection off of the 78.6 Fib level
- Back to the small supply/demand zone and bought - Looking for continuation of movement to the next zone - I normally would enter again if candle close outside zone but if that happens in this case RR may not be good but we will see. - Better entry if you can get it from the bounce off of the long wick, can be tight SL and back to the high of the previous hour candle
- Price closed above the supply/demand zone on the M30 then came back into the zone retested but did not create a new high - Price closed with kind of an engulfing bearish candle on the M30 then sold (closing under the previous candle would be the proper engulfing candle) - Selling to the area of the candle before the breakout, can do tighter SL and TP - Even...
- Big move down after a broken supply/demand level - Price reached supply/demand level around the 78.6 Fib level - Created a double bottom then bought (Can say DB was created earlier in the day, but these kind of moves I wouldn't enter pre NY session) - Not pretty as there is some traffic on the left and a small zone that price just rejected off of, but I follow my rules!
- Its time for the Euro gain some height - Reversal patten, double bottom formed - Hour candle close above zone, bought!
- Broke of the H4 supply and demand level - Retested the zone and entered as a buy on H1 candle close - Although messy and would be better if closed a bit higher, I believe should reach the next zone - Just have good RR!
- Hour candle closed with bullish momentum - Return to zone, i would have bought there and another when candle close above again. However I spotted it too late, but bought on the candle close out of zone. - RR = 1:1.2
- H4 Candle does not close above the supply demand zone - Does not mean that it is sure to go down, however I sold on the hour close after another rejection of the supply/demand zone with good RR - H4/D1 could also have a trendline be drawn and would be the third touch on the top of an uptrend though I forgot to include that in this chart
- Sold when lower high and lower lows were made - H4 rejection candles were formed - Overall have been looking for a correction on the higher timeframe
- It moved so fast since entry! - Could not write this in time, but clear HnS pattern sold at the right shoulder - Also looking at GBP and AUD on other pairs to have sense of movement - TP at the next MA
- Price closes back under trendline - Making higher lows and lower lows - Also a double top formed - Sold on what looks like a higher low or even FTB
- Sold based off of this market structure - For a proper sell, should have the next candle close below the zone but I sold as soon as hour candle closed in the supply/demand zone - If sell after candle close below, TP at next supply/demand zone - In this case TP at the previous low made
- Just a good RR trade with not much traffic to the left, though I don't like the time of day - Bought the FTB to FTR pattern
- One of my rules for trading is buying/selling back to the broken zone if a pair moves a considerable amount of pips in one direction in a day. This is one of those trades - Bought with Double Bottom as confirmation
- A change of structure on the M30 and H1 - Possible Head and Shoulder forming so put a sell limit in place and sold one right away just in case it doesn't reach - Looking for a retrace to the daily 200 MA