king9664

king9664 Updated 

Found a short entry on EURGBP based on MMS indicator. Setting this trade with SL at 0.88423 and final TP at 0.86669 before the price rejection level marked at 0.86566 and 0.86153

king9664 Updated 

The earlier identified SZ was already tested, was waiting for the MMS indicator to take this long trade with the anticipation price is indeed going higher, change in trend at the lower time frame at 240M. This change in trend is supported with price action now breaking through earlier established SZ and forming near DZ as price head higher. First TP1 :...

king9664 Updated 

Recent price action shows that the trend has change in the 240M TF. Price action is moving higher, challenging and breaking SZ and creating new DZ along the way. Anticipating price may correct after challenging the 60M level on level SZ. 2 approaches to take the long trade 1. Place a set & forget trade at the 120M DZ is identified to take a long trade at...

king9664 Updated 

Placed a short trade this morning base on the MMS strategy and signal. No significant DZ except for the support level/price rejection at 1.12884.

king9664

The 60M identified DZ was challenged and based on this morning price action and chart pattern. The initial long trade will no longer work. Instead, the MMS strategy now indicates it's time to go for a short trade instead. This change in price pattern could be triggered by institutions in anticipation of the upcoming news on Wed and thursday

king9664 Updated 

Price is retracing from the 180 SZ and is approaching the 600M DZ, demand zone which is a level on level zone. 2 approaches to entry first approach 1. Place a set & forget trade. Entry 0.71240 SL : 0.78017 TP1 : 0.72078 (2:1R&R), will set to entry as break even and aim for TP2 TP2 : 0.72619 (3.3:1 R&R) second approach await for MMS, Martin Momentum strategy...

king9664 Updated 

Price has hit the 240M supply zones and price action is now retracing. there are multiple demand zones identified below current price for consideration to take long positions

king9664 Updated 

Using MMS (Martin momentum strategy), found an entry to short this afternoon with anticipation of price action will further challenge the 240M DZ which was tested once

king9664 Updated 

Price has retraced from the identified 480M SZ, supply zone. price action looks for consolidation and based on MMS, Martin momentum strategy on the 4 hour chart, there is a clear signal to go long. Entry price : 0.68854 SL :0.6868 TP1: 0.69028 TP2 : 0.69116 (after meeting TP1, set SL to break even)