Londonsession
Bullish Mondays!Hello traders! I hope you had an excellent weekend and learnt as much as you could from the week priors pa.
Todays PA is clearly bullish on the 1hr and the 4hr, so longs will be targeted.
The daily is still in a sell range and we have moved up within the possible mitigation of the recent PA however we aren't over the premium of the move.
To the left we can see the circled PA in yellow, which will need to be filled at some point, this fits with a long bias into the shorting area.
Although we have both a 1hr and 4hr buying range I will remain Neutral and trade the PA as I see it at the time, this could lead to shorting opportunities should they develop
The weekend is when the deep work happensWhat do you use your weekends for?
The Forex markets are closed, but your mind shouldn't be. This time is best used reviewing and learning about the week before.
Take this trade for example, it had it all-5min Buy range, Change of character, BOS, 1min buy range, pull back to the equilibrium, pull back to range impulsive move. This happened later Friday night my time, however by reviewing it I get to see how good this trade would have been for those awake.
As always trade safe, I'll see you on Market open!
EnvisionEJ
EU analysis coming into London openTodays PA being a Sunday/Monday has been fairly bland.
I have marked my 2 current AOI on the chart using the yellow circles. I am expecting the lows to be broken due to the amount of liquidity in that area-however that could take a while to happen.
Overall we are building orders to move to the upside eventually but it could take some time to play out.
Today I will likely sit on my hands-however deeper into London when volume picks up we may get a nice quick short trade from around the current price level.
Sometimes the best thing to do when trading is stay out of the markets.
Happy Trading, Envision EJ
GBPNZD is Bearish !!!! SELL.GBPNZD is currently on a downtrend and price is currently in a zone of interest at the 61.8 % fib level.
I am currently looking for a break out and retest out of my Asian box.
Expecting a move around 3:30am or at 4:30am est.
My chart markup was done on a 1hr. Looking for entries on the lower time frames for selling confirmation.
If you like this idea or have your own opinion about this pair, please comment below box. I would love to reply.
Trade at your own risk. Have A Good Trading Day!
GOLD MADE ITS MOVEPatience Pays. DId you catch any pips today?? SHEESH
Looking for a possible head and shoulders move soon.
BITCOIN IS ALSO ON MY WATCHLIST. LETS GOOOO
GOLD completed 3rd test of channel support We have seen gold fall below the key support level of 1765 indicating that the bears have confirmed control to take this market lower. The 3rd test of our long-term bear channel leaves us waiting on signs of reversals.
A falling wedge can be seen on the 4hr which we await confirmation on now.
GbpUsd missed buy opportunityI didn't take this trade I was asleep. But This would have to be a set buy limit and for an execution. Supply and Demand as always. Nothing changes. You can see the liquidity I would have targeted and took my profits. Can be in them all but Its always nice to know that the strategy is working. This trade would have been a 4% gain which is perfect. On to NewYork to see what we can find.