Swing & position trading

USD/CAD

Until price respects the PD array there is no trade.
Still heading down. Next stop weekly FVG

USD/JPY

Same scenario as CAD.
Looking at the equal swing lows.

EURO/CAD

Nice rejection this week from the OB.
Going as planned.

EURO/CHF
Not much movement on this one so far but weekly OB still rejecting lower prices.

EURO/GBP

Still in the FVG.
Still watching.

Gold

Nice progress this week.
Target remains the same.

EUSTX50

Highlighted this one last week.
Note the price of this weeks high.
5,461.0

SPX500

Price didn't reach the last up close candle.
But as all good ICT students you should know that 2 up candles means they are blended together.
This makes the lower brown line the opening price of the bearish OB.

NAS100

As a supplement to the S & P compare it to the highly correlated Nasdaq.
This is why I watch so many markets.
There is always an alternative.

Weekly recap.

For the most part price has gone essentially sideways.
No real movement in the directions I am anticipating.

GBP/NZD

3rd week price has held below my key level albeit with a marginal higher high than the previous week.

GBP/JPY

This one caught me out. Got close to my TP then reversed.
Gave back a decent chunk of unrealized profit.
I remain long with a break even stop.

Silver

Still watching this one develop.



USD/CAD

FVG held this week.



USD/JPY

Double bottom still intact.
Potential higher swing low if we don't break last weeks low and close solidly up creating a 3 bar fractal.

Euro/CAD

I remain short.

Euro/CHF

Consolidating sideways above 0.9300

Euro/GBP

Overlapping OB's rejecting lower prices.
Long position opened.



Gold

Self explanatory.



EUSTX50

Short position still open.



SPX500

Didn't see this coming.
Higher high on the week.
Slight rejection from the upper OB noted last week.



NAS100

Possible liquidity purge above previous 2 weeks equal highs.
Closed below key level.

Euro/USD

OB's followed by displacement.
Resistance price gradually getting lower.

Dollar Index

iam bearish on the euro too, coming week might make trend, what do you say?

Hi,

If the Euro/USD keeps resisting at OB's I will only look for short setups.
On the other side of the coin is DXY.
So long as the FVG holds I expect higher dollar/ lower Euro.
PD arrays have to either support price for up trends or resist price for down trends.
All I try to do is look for clues.
TF's travel at different speeds.
Lower TF's can be bearish but price can still maintain a bullish bias on higher ones.
4hr as low as I go, but that's just me.

Weekly trend is quite mature.
2 attempts to get above opening price have failed so far.

Gotta go back to last month on the daily to find a meaningful resistance.

Just my views obviously.
As always time will tell.

Regards

As per my previous chart set ups

Open trade positions

GBP/NZD short
S&P500 short
NAS100 closed for a loss
EUR/CAD short
EUR/CHF long
EUR/GBP long
GOLD long now with b/e stop
GBP/JPY long with b/e stop (almost to target)

EUR/USD

Highlighted last week how the 4hr was bearish providing a couple of trades but the weekly HTF won out.
Price closed right on the open of the previously noted rejection candle.
Still watching.

USD/JPY

Closed higher for the week.
Potential higher swing low formed.
Looking for a long entry.

Current trades.

GBP/NZD short now with b/e stop
S&P500 short
Euro/CAD short
Euro/CHF long now with b/e stop
Euro/GBP long

Closed trades.

Gold target reached.

GBP/JPY target reached.

EURO/USD

New high on the weekly.
Still watching.


USD/CHF
So far failed to take out previous swing low.


AUD/NZD

Added to watch list.


USD/CAD

Still watching.