mrachaw

mrachaw Updated 

Gj had been consolidating a while and now broke above zone (190.900) and closed on the 1H. This happened at 10..00 am UK time. Upon seeing this I waited for retracement to zone, where I entered 190.900 with sl@190.57(risking 33 pips). TP1: 191.500 TP2: 191.800 * Where has the market moved since I entered my trade? Slight Profit * If I looked...

mrachaw

Gold approached a 4h main demand zone where i expected reversal buys. Seeing price initially rejecting area on smaller time frame I set a Buy limit order with a entry @2148.00 with sl@2145.85(Risking 22 pips). TP1: 2154.00 TP2: 2156.00 TP3: 2158.00 * Where has the market moved since I entered my trade? PROFITS * If I...

mrachaw

US30 once again had come into the Main 4H & Daily supply zone where I expected rejections. Also 12.30 UK time we had critical new on USD. I was targeting entry @39235.00 where I entered aggressively with sl@39320.00 (80pts) at 11.30 UK time. Price then came down and broke structure on both 30mins & 1h Once positive USD news was released but then spiked back up to...

mrachaw

Gj closed below zone on the 30mins where I expected a rtracement to 189.05 and wanted to see additional confirmation that it will push down like a BOS on the smaller timeframe. Upon seeing the close below zone and retracement back to zone I zoomed into the 5mins chart to see if I could get a Break of Structure to the downside as additional confirmation this will...

mrachaw

GJ closed above buy zone (189.15) zone on the 1h at GBP 9.00am Upon seeing this as the stop loss would have to be placed below the 1h candle @188.75 I waited for price to come down to entry range of 189.00- 189.10. Where I entered manually @189.08 with sl@188.75 (risking 33pips). TP1:189.47 TP2:189.75 TP3: 189.85. TP4:190.00 *...

mrachaw

Looking at US30 I was expecting price to reach main supply zone @39050.00 and start to show rejections as I believed the early sell offs were a build up of liquidity. So I was patiently waiting for price to tap into Liquidity and take out these early sellers. At around 2.30 NYC open volume always comes in and saw price shoot up to 39080.00 where I manually...

mrachaw

GJ Had been bearish for a while and had now tapped into main demand zone where I was expecting a reversal but needed a confirmation. Price broke above structure confirming buy bias on 30m and 1h and now looked like it was heading down for retest & retracement. Upon seeing I was looking for entries @188.200-188.300 with a sl@187.900 (risking 35pipsmax). I also set...

mrachaw

EUR/CAD rapped into main supply and showed rejections with a bearish Engulfing and close of candle below Doji. Upon seeing this I waited for retirement to my sell entry@1.47500 with sl@1.47835 (Risking 33 pips). Tp1: 1.47000 TP2: 1.4675 TP3: 1.4655 TP4:1.4630 * Where has the market moved since I entered my trade? Did 20PIPS...

mrachaw

I had been waiting days for this move and during the week US30 had created equal highs and built liquidity where I was waiting for price to eventually tap into the main supply zone also taking out early sellers. Upon seeing that volume was coming back into the market at around 2.30pm Uk time I set a sell limit @38950.00 with sl@39000.00 (risking 50pts). Zooming...

mrachaw Updated 

GJ Head dropped a good +200 pips and now tapped into a main daily demand zone at 188.35 where I was looking for reversal formation. Reversal formation was formed at 9.30 once 30mins candle broke below Doji but then closed as a Bullish engulfing. Price also Broke structure to the upside . Upon seeing I set a Buy limit order @188.500 and was waiting for Pre-Ny or...

mrachaw

GJ had approached a key supply zone and closed on a massive rejection bearish engulfing candle @190.600 zone. I waited for retracment to the 190.500 zone and to also see Break of structure to the downside on the smaller timeframes(5mins) which I saw around 9.30 GBP session (UK time). Upon seeing this entered Sells @190.500 with sl@190.77 (Risking 27...

mrachaw

Gold was coming back to a key Supply zone and this was second leg retracement. Retracement happened during Pre-GBP session and waited for 8.00 for more volume. Upon seeing more volume coming in and Price pushing to 2087.500 I zoomed into the 5mins & 1min waiting for a bearish engulfing. Once I saw this entered @2087.500 with sl@2090.500 risking(30 pips). TP1:...

mrachaw Updated 

EA has been shooting up for a while and has tapped and induced into supply taking out the equal highs and early sellers and now broken structure to the downside both on the 5, 15mins & 30mins. Upon seeing a decent retracement back up I entered sells @1.66900 with stop loss @1.6705 (risking 15pips). TP1: 1.66500 TP2: 1.6605 ...

mrachaw Updated 

GJ has broke below structure and closed below zone on 4H timeframe. Also formed a Head n Shoulders and closed below the neck line. Zooming on the 1h we can also see structure broken to the downside and closed below zone. Price retraced and shown rejection @ 190.600 zone by forming a Doji. Having seen price rejecting zone I zoomed into the 30mins and 5 mins where...

mrachaw

GJ closed above zone on the 1H and now retraced. Upon retracement was looking to enter buys around 191.10 zone which was further confirmed with an internal BOS on 1min. Once I saw this added confluence entered Buys @191.100 with sl@ 190.87 (Risking 23pips). Aiming for a 1:3 R:R. TP1: 191.75 TP2: 191.97 ...

mrachaw

Us30 reached resistance and started to show BOS to the downside on 5mins and 15mins. Upon seeing this I waited for retracment and rejections at entry zone of 38490.000 with sl@ 39520.00 (30pts). TP1: 38400.000 TP2: 38350.00 TP3: 38330.00 TP4:38150.00 * Where has the market moved since I entered my trade? Slight profits * If I looked at the market now, would I...

mrachaw

GJ from last Friday had induced into supply and showed rejections to head down. This morning also created a fake out for early buyers and now looks to continue down for the real move. Upon seeing this and 15min close below zone as additional confirmation I entered sells @188.400 with sl@188.66( Risking 28pips). TP1: 187.75 TP2: 187.55 ...

mrachaw

US30 had tapped into supply zone and showed rejection and inducement at this supply. This was further confirmed by a close of 30min candle below the Doji and break below structure. Upon seeing this I waited for retracment to zone with additional confirmation once I started to see rejection at the entry zone @38675.00 I entered with sl@38715 (Risking...