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-   -   price reaction to major S/R /TLs and entering on LTFs (https://www.forexfactory.com/showthread.php?t=834404)

mtharwat Mar 23, 2020 9:07pm | Post# 81

2 Attachment(s)
GBPTRY..

Something to check on Daily and H4.
However, Iam not comfortable with GBP Pairs nowadays in general.
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DON-K Mar 24, 2020 3:28am | Post# 82

GBPTRY.. Something to check on Daily and H4. However, Iam not comfortable with GBP Pairs nowadays in general. {image} {image}
I find it difficult to trade these days.
This Corona stuff is something else.

Nice analysis.

mtharwat Mar 24, 2020 9:24am | Post# 83

{quote} I find it difficult to trade these days. This Corona stuff is something else. Nice analysis.
yes indeed! It is the craziest thing mankind is encountering for decades. I was thinking to myself that my little children are very unlucky to witness such a thing. They are watching live news for updates.

Thanks for your words.

mtharwat Mar 24, 2020 9:28am | Post# 84

1 Attachment(s)
XAUUSD. Bouncing from Daily support H1 breakout Waiting for a retest and then make a judgment on overall PA if it happens {image} {image}
I thought I had my an alert for the breakout of the Trend line and the minor S/R, but apparently I did not.
Did anyone catch this trade?
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mtharwat Mar 26, 2020 10:10am | Post# 85

3 Attachment(s)
GBPJPY
Just went long.
I am bit away from major HTF support...But thought maybe I ride the trend.

Target wise..Maybe the left shoulder to the left in daily chart or any fib levels.
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mtharwat Mar 28, 2020 4:41am | Post# 86

1 Attachment(s)
GBPJPY Just went long. I am bit away from major HTF support...But thought maybe I ride the trend. Target wise..Maybe the left shoulder to the left in daily chart or any fib levels. {image} {image} {image}

Almost there for TP
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mtharwat Mar 31, 2020 11:42pm | Post# 87

2 Attachment(s)
XTIUSD

The pair broke a previous support in Weekly.
Looking at H4/Daily to see if the pair will continue a bearish trend with a break of the H4 minor Support (and a retest), or would retest the weekly S/R.
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mtharwat Apr 1, 2020 12:52am | Post# 88

2 Attachment(s)
NZDUSD

Pair broke a weekly Support. Watching the pair in H4 for more clues if the pair would continue its bearishness.
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Name: NZDUSD Weekly.png
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Name: NZDUSD H4.png
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mtharwat Apr 5, 2020 10:17pm | Post# 89

3 Attachment(s)
AUDCAD
Went short

Edit: Exited the trade with a small loss. Price broke the trend line
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mtharwat Apr 15, 2020 2:22am | Post# 90

2 Attachment(s)
AUDNZD

Iam checking this daily breakout and would consider buying after a retest. There are some unemployment report news tomorrow.
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Name: AUDNZD Weekly.png
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Name: AUDNZD Daily.png
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mtharwat Apr 15, 2020 2:32am | Post# 91

2 Attachment(s)
I entered long in EURNZD

A bounce off weekly S/R and small breakout formation in H4. Was good for placing my stop loss.
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Name: EURNZD Weekly.png
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mtharwat May 3, 2020 5:34am | Post# 92

2 Attachment(s)
EURUSD

EURUSD may bounce down temporarily from Resistance

EURUSD just hit its daily Resistance. In H1 TF we have a sloping up the channel with bearish divergence on TRIX 5,8. If we break the channel down and retest the bearish channel , then we may make use of any potential bearish momentum and short the pair.

If the price action on H1/H2 develops in the future to show a bearish sign, we may enter with a couple of positions and take partial profits.

In this analysis, if we get a bearish signal, it will be temporary and we will be shorting for intraday or couple of days.

If we do not break the channel down and retest it as described then the bearish bias will be negated and we may look for bullish bias according to what PA will dictate.
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Name: EURUSD Daily.png
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Name: EURUSD H1.png
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mtharwat May 4, 2020 12:44pm | Post# 93

2 Attachment(s)
CADCHF
CADCHF bounced from a small Daily/H4 support and made a small breakout in H1.
Targets can be set according to Price Action or FIB levels.
Partial take profits and trailing stop losses are important to secure gains.
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Name: Screen Shot 2020-05-05 at 2.43.48 am.png
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mtharwat May 5, 2020 4:14am | Post# 94

2 Attachment(s)
CADJPY

CADJPY is bouncing from H4/Daily support and may resume its bullish momentum. In M15, we see a price structure that, if broken and retested, may lead to more bullishness in the short term.

CADJPY has to break this Resistance on M15/H1 first and preferably retest it before going long.

Targets can be assigned based on how PA develops or according to H4 fibs from the previous swing high to swing low at support.

Partial take profits and trailing stops are recommended to secure gains.
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Name: CADJPY H4.png
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Name: CADJPY M15.png
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mtharwat May 7, 2020 5:57am | Post# 95

2 Attachment(s)
AUDCHF may test previous daily high

I already entered but price may retest or get closer to H2/H1 S/R for a better price.
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Name: AUDCHF Daily.png
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mtharwat May 12, 2020 7:48am | Post# 96

1 Attachment(s)
NZDCHF
entered at a bounce of H4/H1 TL and a breakout of a small H1/H4 range.
H1 chart attached.
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Name: Screen Shot 2020-05-12 at 9.46.47 pm.png
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mtharwat May 13, 2020 2:39pm | Post# 97

1 Attachment(s)
CHFJPY was bouncing off from a falling TL in Daily TF. I entered based on the break of a minor TL in H1 TF.

Attached is a H4 chart
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Name: Screen Shot 2020-05-14 at 4.37.30 am.png
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mtharwat May 13, 2020 3:10pm | Post# 98

NZDCHF entered at a bounce of H4/H1 TL and a breakout of a small H1/H4 range. H1 chart attached. {image}
Edit: Hit Stop Loss

mtharwat May 14, 2020 3:34pm | Post# 99

2 Attachment(s)
CHFJPY was bouncing off from a falling TL in Daily TF. I entered based on the break of a minor TL in H1 TF. Attached is a H4 chart {image}
Price went down in my favor for 120 pips (two positions) but then reversed and I did not act quickly enough. I got out at 50 pips in profit (25 each).

It is forming a cup and a handle in M15. I will see how the price will act.
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mtharwat May 14, 2020 8:06pm | Post# 100

1 Attachment(s)
EURNZD is in a bearish channel and has just bounced off from the upper boundary.

attached chart is H4
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Name: Screen Shot 2020-05-15 at 10.22.42 am.png
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