meku.tambu

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Markets Allocation
50 % forex 50 % other
Top Mentioned Symbols
USOIL 25% | 2 USDCAD 25% | 2 EURUSD 12% | 1 XAUUSD 12% | 1
meku.tambu meku.tambu USOIL, 15, Long ,
USOIL: USOIL bullish bat inside triangle
42 0 1
USOIL, 15 Long
USOIL bullish bat inside triangle

Daytrading opportunity on oil. If price reaches Potential Reversal Zone, then preferably I would wait for consoldation around that area an perhaps a small breakout to upside and then back to test PRZ on low volume. Risk management: I would place my stop under recent low once test low volume test has occured. Money management: I would use fibonacci retracements ...

meku.tambu meku.tambu USDCAD, 60, Long ,
USDCAD: USDCAD Possible breakout on weekly chart update shakeout on 4hr
35 0 1
USDCAD, 60 Long
USDCAD Possible breakout on weekly chart update shakeout on 4hr

https://www.tradingview.com/chart/USDCAD/RR0j5q5J-USDCAD-Possible-breakout-about-to-happen-on-weekly-chart/ As I got my order filled overnight, first thing in the morning I saw that prices had gone up on low volume which is an anomaly, then price had dropped rapidly forming a very wide spread bar with low volume which is another anomaly. And now prices are moving ...

meku.tambu meku.tambu USDCAD, W, Long ,
USDCAD: USDCAD Possible breakout about to happen on weekly chart
41 0 3
USDCAD, W Long
USDCAD Possible breakout about to happen on weekly chart

We have a small ascending triangle about to break out. At first we had a smaller ascending triangle which had a minor false breakout followed by a major false breakdown which forms a bigger ascending triangle. There is a decent backround to support going long only thing to concider is the anomaly which formed on Friday a wide spread up candle with low volume. But ...

meku.tambu meku.tambu GBPUSD, 240, Long ,
GBPUSD: GBPUSD accumulating to test 1.34 again
60 0 2
GBPUSD, 240 Long
GBPUSD accumulating to test 1.34 again

Eventhough Friday closed down on wide spread it is a quite bullish signal. Why: because all of that wide spread was backed by low volume which in Wyckoff law of effort and result is little effort resulted in strong downmove which is an anomaly, some would call it false breakout. To back out theory of false breakout we have low volume weekly downward movement, if ...

meku.tambu meku.tambu EURUSD, 240, Long ,
EURUSD: EURUSD one move higher before breaking march low
60 0 0
EURUSD, 240 Long
EURUSD one move higher before breaking march low

Daily chart shows signs of weakness in current downtrend, 4 hr shows us an AB=CD pattern which has D point at pivot S2

meku.tambu meku.tambu XAUUSD, W,
XAUUSD: XAUUSD FORMING WEEKLY WEDGE AND GETTING CLOSE TO EMOTIONAL $1000
28 1 1
XAUUSD, W
XAUUSD FORMING WEEKLY WEDGE AND GETTING CLOSE TO EMOTIONAL $1000

Long term chart on gold is forming an wedge that could make an fakeout to $1000 level and then bounce up. If we get a buying confirmation, it will go probably go up quite fast, because this is an discount price level to all long term investors and institutions.

meku.tambu meku.tambu USOIL, D,
USOIL: WTI bearish at the moment, looking for long
35 0 1
USOIL, D
WTI bearish at the moment, looking for long

We have an range bound market at the moment. Market has broken out of it and failed to go higher, then we had an facet at the range lows, and retraced up to 61,8% creating potential ABCD pattern at the high of the range. Around D I will be looking intraday seller failure

meku.tambu meku.tambu USOIL, 240, Long ,
USOIL: WTI Looking for sellers failure
31 0 1
USOIL, 240 Long
WTI Looking for sellers failure

Crude looking bullish if we see sellers to fail, I highlighted previous seller failures, so we have clear idea what we looking for. A seller failure that is not marked on the chart looks like double bottom. We will be looking for long signals from 4hr 1hr 30 min 15 min, whatever suits you best, stop at the low of the previous swing and target at previous high, at ...

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