pbmalla77

pbmalla77

Update!

pbmalla77

Update!

pbmalla77

Price opened at 0.96480 and moved high 17 pips and found resistance at 0.96360 level. Notice how price fell very quickly and raided Fridays low into the green box. A move of of 55 pips. I will wait for price to break above the 0.96360 level and any retracement back I will go long.

pbmalla77

I will let the chart depict itself. I will post charts in lower time frame in daily basis for this week.

pbmalla77

Red rectangular box: Most recent sell limit stops resting Target 0.74370 - double top ( Buy limit stops resting) For me to get long: I want to see price move lower into green box for a buy. I will allow the price go as low as the DEQ level. Target 0.74370.

pbmalla77

Notice the circles. A quick move high and low raiding stops resting at previous high/low ( obvious place for market markers to run stops). For me to get short: I will wait for price to break below 1.42210 level and wait for price to retrace back for sell. Targets red x and green box For me to long: I will wait for price for to move lower into green box and...

pbmalla77

Price opened created a intermediate swing paused for 3 candles and a fast move higher neutralizing the week shorts( green x) and a expansion on the downside raiding previous day lower high( green x) into green box. I had published chart yesterday and said what the market probably move lower around the green box area and hunt for short term long.

pbmalla77

Notice the green box, price paused and a nice parabolic move higher neutralizing buy stops.( red x). Any move below the green box is a break in market structure. I will wait for price to move back into the green box and hunt for bearish price action to get short.

pbmalla77

Wait for price to dip lower into green box and hunt for bullish Price action to long.

pbmalla77

I want to see price move higher and raid stops resting at the monthly open level 89.97 level into green box and hunt for PA to get short. I will be hunting for buy on EUR, JPY, AUD and CHF. Notice the green box how price has a fast move reaction. That to me is someone with big pockets has stepped in to do business.

pbmalla77

Price opened moved higher ran previous days stops and moved higher ran stops at 0.96095 level( i had my stops at 0.96095 ) and moved higher reaching for 0.96496 level. The weekly shows a bullish bias and i think the market will most likely move to run stops at 0.96496 level. In the short term, i have changed my bias to go long. I will wait for price to move lower...

pbmalla77

Price opened and moved lower found support at 0.95569.( Green box in the left) Notice how the price move quickly higher raiding the stops resting at clean double tops ( red rectangular). Price has moved lower in a whipsawing intermediate highs and lows. I believe the market is probe to move lower targeting the red x.

pbmalla77

I will let the chart depict itself.

pbmalla77

Price open and moved higher and found resistance at .95811 level around the weekly open. All the traders who went short at this level, where would they put they stops, i'm guessing right above this double top resistance area. Price moved lower and raided stops at previous week low. Price dipped 16 pips and moved higher. I believe the market will probe to move...

pbmalla77

Wait for price to move higher into 1.2763 for sell

pbmalla77

Wait for price to move higher raid recent intermediate swing at Weekly open into 0.95883 for sell.

pbmalla77

Wait for price to dip into 0.94890 for a buy.

pbmalla77 Updated 

Buy : 106.688 Stop : 106.403 Target: 107.850