Price reaction to major S/R /TLs and entering on LTFs | Page 13 | Forex Factory

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Attachments: Price reaction to major S/R /TLs and entering on LTFs
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Price reaction to major S/R /TLs and entering on LTFs

  • #241
  • Dec 15, 2020 7:22am Dec 15, 2020 7:22am
AUDNZD
May go long with the breakout..

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDDaily.png Size: 62 KB
H4
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDH4.png Size: 51 KB
  • #242
  • Dec 15, 2020 7:25am Dec 15, 2020 7:25am
Quoting yako47
hi i am really amazed at how you trad these areas well don and if you allow me to share some chart of S/R and guide me how deal with it ...
Hi yako47,
Thank you.. Please do post any chart you have and will do my best..
  • #243
  • Dec 15, 2020 7:46am Dec 15, 2020 7:46am
AUDJPY
Potential bearish setup after H4 breakout..

AUDJPY Daily/weekly at resistance. Looking to trade any reaction to this level even if temporarily.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYWeekly.png Size: 52 KB


H4, waiting for a clear breakout and then may fine-tune entry in H1
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH4.png Size: 56 KB
  • #244
  • Dec 16, 2020 5:59am Dec 16, 2020 5:59am
CADJPY went short..

In weekly, there might be a bearish bounce from resistance
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYWeekly.png Size: 31 KB

shorted H4 breakout..

Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYH4.png Size: 27 KB


------Tomorrow is FOMC and important news. I also have not entered with much considering we are approaching holidays.
  • #245
  • Dec 16, 2020 3:19pm Dec 16, 2020 3:19pm
hi what do u think about Gold i think will reverse to 1820 then up to 1950 ....
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd.PNG Size: 53 KB
  • #246
  • Dec 16, 2020 7:38pm Dec 16, 2020 7:38pm
@yako47,

In monthly, XAUUSD attempted to breakout August 2011 high.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDMonthly.png Size: 50 KB


In weekly, we may have a bullish flag still forming and a breakout above the upper boundary will confirm the bullishness.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDWeekly.png Size: 50 KB


---------------------
I would only buy/sell based on price action within this channel in Daily and temporary S/R levels that will form with current and future PA.
Daily
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDDaily.png Size: 59 KB
  • #247
  • Dec 16, 2020 10:19pm Dec 16, 2020 10:19pm
EURUSD..Went long
Small lot trading as with CADJPY considering FOMC, approaching holidays, etc..

EURUSD broke out of consolidation in Daily/H4.

Weekly :
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 32 KB

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 28 KB
H4
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 27 KB
  • #248
  • Dec 17, 2020 9:00am Dec 17, 2020 9:00am
NZDJPY in W TF test the support area after the break of down trend ...
Attached Image (click to enlarge)
Click to Enlarge Name: .PNG Size: 53 KB
  • #249
  • Dec 17, 2020 7:56pm Dec 17, 2020 7:56pm
Update on some of my trades..

EURUSD long trade is going well,
Daily
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 11 KB

EURCHF..target hit
H4

Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFH4.png Size: 20 KB


CADJPY: Not enough momentum on the bearish side.. Not sure if the short trade would reverse against me or not.. Iam leaving stoploss as it is.
H4
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYH4.png Size: 15 KB


AUDNZD.. Went long but no bullish momentum..Leaving stop loss as it is.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDH4.png Size: 25 KB
  • #250
  • Dec 20, 2020 6:23pm Dec 20, 2020 6:23pm
Quoting mtharwat
Update on some of my trades.. EURUSD long trade is going well, Daily {image} EURCHF..target hit H4 {image} CADJPY: Not enough momentum on the bearish side.. Not sure if the short trade would reverse against me or not.. Iam leaving stoploss as it is. H4 {image} AUDNZD.. Went long but no bullish momentum..Leaving stop loss as it is. {image}
So ..
EURCHF Target hit
EURUSD.. Had to exit at almost breakeven. Price went up 60 pips and I did not exit..
CADJPY.. Target Hit
AUDNZD..currently in profit.
  • #251
  • Dec 23, 2020 5:34am Dec 23, 2020 5:34am
Quoting mtharwat
{quote} So .. EURCHF Target hit EURUSD.. Had to exit at almost breakeven. Price went up 60 pips and I did not exit.. CADJPY.. Target Hit AUDNZD..currently in profit.
Just saw your thread...well done!
  • #252
  • Dec 26, 2020 5:36am Dec 26, 2020 5:36am
Quoting GEfx
{quote} Just saw your thread...well done!

Thank you GEfx...you are welcome here any time.
  • #253
  • Jan 4, 2021 11:56pm Jan 4, 2021 11:56pm
NZDUSD

The pair is in continuous uptrend and may hit most recent weekly highs,
Weekly:
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDWeekly.png Size: 24 KB

I entered a few days ago at the vertical line. There is still an opportunity to enter again with the breakout of H4 trend line.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH4.png Size: 17 KB
  • #254
  • Jan 5, 2021 12:43am Jan 5, 2021 12:43am
AUDCAD
The pair is in a weekly uptrend. There is about 80 pips or so till next resistance.
Weekly:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADWeekly.png Size: 63 KB

Entered after an H4 breakout and placed stop loss below the recent low.
H4
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADH4.png Size: 18 KB
  • #255
  • Jan 5, 2021 11:50pm Jan 5, 2021 11:50pm
AUDUSD

A bullish trend and is clear in monthly/weekly/daily tfs.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDMonthly.png Size: 22 KB


I entered long in H4 after a breakout and a retest. Targets are not set in gold and may change..

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 19 KB
  • #256
  • Jan 6, 2021 12:08am Jan 6, 2021 12:08am
NZDJPY
Went long in H4 ..

In the weekly timeframe, price broke out of a weekly resistance and may continue to the next weekly resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYWeekly.png Size: 65 KB

In H4, I entered long after a breakout..

Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYH4.png Size: 23 KB
  • #257
  • Jan 6, 2021 12:26am Jan 6, 2021 12:26am
AUDJPY

Went long .. Since resistance is close, I entered with a smaller size.

Weekly:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYWeekly.png Size: 24 KB

H4
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH4.png Size: 21 KB
  • #258
  • Jan 6, 2021 1:52am Jan 6, 2021 1:52am
USDCAD

Weekly:

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADWeekly.png Size: 24 KB

H4:
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 20 KB
  • #259
  • Jan 6, 2021 6:13pm Jan 6, 2021 6:13pm
NZDCHF

Went long
Weekly:
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCHFWeekly.png Size: 25 KB

H4:
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCHFH4.png Size: 19 KB
  • #260
  • Edited 4:51am Jan 8, 2021 4:28am | Edited 4:51am
I closed all my trades as I am going away for a week:
NZDCHF: +20 pips in profit
USDCAD: -70 pips in loss (my stop loss was hit by the pip before price went back south. I may have needed to place stop loss with respect to the falling trendline but it would have been a wide stop loss.) see photo attached.
NZDJPY: +65 pips in profit
AUDJPY: +38 pips in profit
AUDUSD: -47 pips in loss (The trade went in my favour for about 45 pips before reversing back-should have exited)
NZDUSD: +116 pips in profit

Net pips: 122 in profit.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 48 KB
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