miguelanorena

miguelanorena

I'mm doing this to remind myself.. I gotta stop these noobie ass trade entrys. (although i could've made the trade in green, but i just didn't feel comfortable) I need to let go of FOMO. and if I see a low, i want to see the level get respected, and then have patience for the move higher on shorter time frames, to then see price retrace to my levels. Be aware...

miguelanorena

on this current pair, price has been in retracement and in a bearish pattern, after a touch of a significant order block. as price shows itself to be bearish, I saw market structure being respected, and price wanting to make lower lows, while banks continue to attempt to grab liquidity from both sides. the importance of something like this is PATIENCE. Definitely...

miguelanorena

Price was bearish the last few days, till it reached a significant swing low. 5/15 min, we would been in a "bearish" bias, but based on daily, we are reach a signicant lows, and we should treat price accordingly. since price game a signifciant move near this low, and has a over extended leg/order block on m15 chart, i decided to buy, which the knowlegde, it...

miguelanorena

Kinda late with this analysis, its for a trade i lost. I had a concrete marekt structure, and with the overall bias of the pair, I was able to concrete my ideas on price going into a downtrend. you can see price also grabbing liquidity below the lows of the market structure (FAKEOUT) and coming back up to take liquidity on opposite end aswell. Main problem here,...

miguelanorena

just now In the overall LTF price is still in a downtrend, and we can see which levels are being respected on the m15 chart. took in first entry near the previous high where my "orderblock" is. I then set up a second trade below the low of the order block below m15. Looked for entries and and manage at first, on 1m-5m-15m charts. Had bias for shorting based on...

miguelanorena

I was watching price to break its structure on the 1m time frame, going from it bearish pullback, to contining the bullish momentum on larger time frame. I did mess up in the entry... i was given clear confirmation of a double bottom, but didnt trust enough to place trade on top the break & retest of a clean level of liquidity. If i would'dve followed rules...

miguelanorena

at the end of the last week, price was extremely volatile and bearish, keeping price below a strong resistance level. we waited for price to return to it, and play in price being bullish, when we've been in a down trend in a larger time frame. - but of course whats important aswell is that price gives signs of confirmation of its direction and bias towards my key...

miguelanorena

price shot up from area of mitigation, tested a high from friday, and the next candle closed below. price tested a lower high, and i jumped in on the TEST of the new lower high on the 5/15m chart.

miguelanorena Updated 

PRICE LEAVING HEAVY MANIPULATION. Just above, we near a very significant, weekly order block, and we are currently in its 2nd weekly retest.. this could turn out many ways. woould most likely benefit from just looking a price action and watch 👀 what LEVELS are respected, and how the market is reacting. lets be reactive, not impulsive.