EURGBP showing rejection on H4 at resistance, it is almost ready to short. I am looking for price move away from the test and retest again.
EURJPY is in range, two options 1. Buy if come down to support zone and show rejections 2. Sell if go up to resistance zone and show rejections
Got some time to look at chart. Plan for EURUSE short. - Price block recent suppot - Bias to downtrend - Waiting for a deep pullback to entry zone to ride it down - Stop loss must abvoe the spike mini zone.
Excepting: - Market current trying to break above previous breaout nake line - Wait for price to retest previous highest - It might created a fake breakout - H4 or Daily form a double top What to look for: - A spike on one or two candle wike above the higher zone then come back in to the zone. - Wait for a retest to the top zone when price unable to close above...
Sell Setup: - Pending Sell Stop - Two candle rejection on major support level Trade: - Entry: 1.32215 - Stop: 1.32421 - Target: 1.32215 (1:3 risk/reward)
Short setup - Sell Stop (Pending Order) / Alternative market order right now more risky but better rewards - Recent bull price action not be able to push a lot. - There are a lot of downward evidences such as the trend line and recent lower hights Setup: - Entry: 1.12874 - Stop: 1.13037 - TP1: 1.12626 - TP2: 1.12006
Short setup: - Sell Stop (Pending Order) - Price forming a lower high and a right shower - Previous spike move up require close the buys at break level in order to go down. Setup: - Entry: 0.65513 - Stop: 0.65638 - TP1: 0.65156 - TP2: 0.64807
Short setup - Over all big channel - 3rd touch of resistance - Sell Stop Pending order if price break and come back under the zone Setup: - Entry: 1.70054 - Stop: 1.70231 - TP1: 1.69169 - TP2: 1.68284
Short Setup - Higher timeframe range top - M15 last few candle although getting higher but it does go fast, therefore, it is losing power Setup - Entry: 1.13255 - Stop: 1.13352 - TP1: 1.12122 - TP2: 1.10937
Short Setup - Addon entry for previous short - Sell Stop (Pending order) - I see this is a spike out on higher timeframe of a strong resistance neck level Setup - Entry: 1.12821 - Stop: 1.13002 - TP1: 1.12122 - TP2: 1.10937 (Same as entry#1)
Short Setup - It hit a descending trending on H4 - In most timeframe forming lower low Setup: - Entry : 73.551 - Stop : 73.628 - TP1: 73.237 - TP2: 72.782
Short Setup - Sell Stop (Pending Order) Setup: - Entry: 1.06992 - Stop: 1.06992 - TP1: 1.06771 - TP2: 1.06031 (from Daily chart)
I can't be in front of screen. After a few pick AUDJPY on daily and h4 does show getting lower. Two short attempts draw on chart. Attempt#1 only one TP Attempt#2 two TPs
Long Swing Setup - Buy Stop - This is swing type trade will take a few days, it will over to next week. - Recently the trend is reversing. - The current pull back make a critical retrace level - Long when this current H4 candle finish Setup: - Entry: 0.95117 - Stop: 0.94944 - TP1: 0.95516 - TP2: 0.96185
Long fishing setup - Buy Stop (pending order) - Previous short trade TP2 is a strong support - Price seems not able to get through it - Let's see if it able to bounce of from there Setup: - Entry: 1.23874 - Stop: 1.23733 - TP1: 1.24399 - TP2: 1.25084
Short Setup - Swing trade - Sell Stop (Pending oder) - Looks like another lower high - Previous candle show market confusion - I see a much longer low right shoulder Setup: - Entry: 1.26324 - Stop: 1.26668 - TP1: 1.25050 - TP2: 1.23730 I think I can do swing trade while I am busy, but will have much lesser trades. Which maybe even a good thing....
This is how I do my homeworks. I always have Daily H4, H1, and M15 four views together. Well sometime I still make mistake didn't check all four. As now I am busy with my own work. I might be able just focus on swing trade with fishing stops.
Swing Short Setup - Sell stop pending order - Well lower high + a head and shoulder you see what I see.... - It could take whole week tho.... Setup: - Entry: 1.13216 - Stop: 1.13501 - TP1: 1.12111 - TP2: 1.10932