Action, Reaction & Pullback Entry

welcome all traders.. we are big family.. text some or sharing a good stuff it's a gem for me..

Yes. Short term 15-20 pips for 1% is good enough.

CAD/CHF

Fake Out ? what's kind of that ??
What does this mean for some traders, it's indicates manipulation ?

breakout is the importance thing to our bias/direction,

but be carefully with the break, don't jump it immediatly when break occur, offcourse it can fail often, what should be a good one ? simple.. try to entry before it break maybe you can gauge it with some chart pattern.

as a retail trader every breakout is an absolute value that the price is taken to a new level when it breaks then at this new level, the price will usually do a consolidation or pullback to see the market reaction

after the breakout sure i will come with my simple technical analysis, so it's up to my fellow traders to interpret the market to find the best way to enter the market.



if the market receives this breakout with trading volume its able to redirect to last point (upward/backward) so price will return to that level again and vice versa so
for me, as technical trader, every movement on chart is has meaningless, if i wrong i'll accept it well and be humble when the price matches with my entry.

breakout is still breakout ..

ucad counter

Stopped Out

GBP/USD

LONG

ranging. bias down.

so i have TP one entry and BE the other.
to TP if close above downward sloping trend line.

update: 2nd TP was a fortunate one.

Good day traders.. what we got today.. i trade yen and usd today.. perhaps some of reversal happen today on 1 hour timeframe

Pound Yen
Euro Yen
Pound Dollar

and Off Course my lovely one..

Euro/ Pound.

bias down.

nice friend.. you find nice spot ..

better start with GCAD.. series of down appear in H1..

here i'am

continuation of down bias.
day open acting as resistance.
TP one entry and BE the other.
Either to TP or exit above downward sloping trend line.

one has to take note of the area whenever there is a cross of SR and TL.

i chose ecad over gcad because eur is weaker than gbp.
but situation can always change.

HnS. bias down. watch for pullback around previous day low.

TP and BE+

down bias continuation TP

continuation of down bias TP.