Conservatively well below the weekly ATR possibility, but seeing the impulsive run below the Asian consolidation seems to be a long set up. We'll see
Weekly ATR met and a clever raid on the BUY Stop Farm that was nicely 'cultivated' and harvested. Ripe for the picking it was.
Just some out-loud journaling of what I see in the USDCAD. Anticipating a run above last week's high and likely Sept's high. AND MAYBE into the clean shelf just to the left. Surely not an unreasonable expectation as per the weekly ATR and fact that some LQ gaps are still open :) Be well.
The "pattern" for xrp since May 2018 has been 4 down bars then a bullish close in the 5th month. So we’ve had 3 sets of this so far. If this month closes above .3479, it COULD be interesting (I think), which is above equilibrium of the open and close of the June and September monthly bars (EQ3) When the price ran above .50 in June, it opened below equilibrium of...
This is what happens when you get into a rush and FEEEEL like you just need to take a trade. Boom! Bitten when you fail to apply yourself.
Counter trend, but there just might be some steam for a liquid run - let's play
Maybe a bit late but a 9.9 pip difference from closing bar below momentum. Perhaps we can see a dip back below 1.2100? Let's play!
Price retraced above equilibrium (50%) of the impulse swing down perhaps we'll get some further downside. Would like to see 117.850 at least. Let's play
I'm willing to take the risk being the lows have yet to be swept out. Perhaps the buying was a run on buy stops for a push lower. Let's play!
Here is a detailed explanation of the strategy. I did take this trade. Let's play!
If I need to show proof that I actually took these trades in my mt4 acct am happy to. Not a bad couple of trades if I do say so myself :) Also, as a disclaimer & CYA gesture, I have not shared anything that wasn't already revealed in the once free video library that was once available on innercircletrader.com.
Just for fun based on my own pa views. Push for 50 or so risk 37
Don't like to trade Friday's if the week has been positive. Roger that!
I'm settling for the current weekly low being the daily ATR is around 40 pips. But 50 wouldn't surprise me, though. Let's play
I'm prepared to flip the script and file for divorce if no loyalty is shown - ha ha!
A short video for my friend...
The 4h wasn't signaling a short but the daily was. Nice run - AND on a Monday.
The recent run above 50% of the last impulse swing resulted in selling, buying up to near 50% of most recent for a short a bit lower.