Price Actions- EurUsd

Quoting abajiga

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{quote} If you want any pair or a trade to do a continuation, that price has to be above London close price of a previous day. If the market is trading below that London close price, then, consider sell or in range trades.

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Quoting abajiga

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...you now need to break down the forecast into smaller parts i.e hooks

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Quoting abajiga

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{quote} For example, look at this pair and tell me what prices is the market coming into and what zone is this.....sell or buy? {image}

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Quoting abajiga

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Here was one that I kept track of it from last night and I was looking for a move down. At Asian open I wanted to see the market dropping and then around London open to get a pull back from the lower end and sell. I drew a zigzag to remind me what I wanted to see. But instead the market pulled up around Asian and dropped at London open. I am still keeping in touch see if we get the big pull back around NY open and sell {image}

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Quoting mixedbags

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{quote} hooks - to identify this is like looking for a needle in a haystack to me, but will give it a try.

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Quoting abajiga

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Here was one that I kept track of it from last night and I was looking for a move down. At Asian open I wanted to see the market dropping and then around London open to get a pull back from the lower end and sell. I drew a zigzag to remind me what I wanted to see. But instead the market pulled up around Asian and dropped at London open. I am still keeping in touch see if we get the big pull back around NY open and sell {image}

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Quoting oblong

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{quote} Doh, missed few of your posts, posting overlapped. I think the EURAUD is a SELL on New York Open, just above yesterday high to trigger stops, possible reverse hook to look for? {image}

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Quoting abajiga

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{quote} The bounce off needs to happen from 3-4PM from yesterday's price (I assume you familiar with this time prices) highlighted in orange

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Quoting abajiga

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Here is my trade for the day...I am currently in a sell in AUDUSD... Take profit is below yesterday's price. {image}

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Quoting abajiga

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Here is my trade for the day...I am currently in a sell in AUDUSD... Take profit is below yesterday's price. {image}

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Quoting oblong

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{quote} Doh, missed few of your posts, posting overlapped. I think the EURAUD is a SELL on New York Open, just above yesterday high to trigger stops, possible reverse hook to look for? {image}

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Quoting oblong

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{quote} Doh, missed few of your posts, posting overlapped. I think the EURAUD is a SELL on New York Open, just above yesterday high to trigger stops, possible reverse hook to look for? {image}

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Quoting abajiga

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{quote} Here is the hook in blue... {image}

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