These are my trade commentaries based on the market flow strategy. This strategy is based on determining market flow change on daily time frame and looking for entry signals on hourly time frame. Based on this, I will be posting analysis on two time frame per pair. That is the daily and potential entry area on hourly. Just to remind you, we would be looking for candle stick patterns(e.g Pin bar, engulfing bar, harami, piercing line/dark cloud cover and railway track) around the area that was circled on the Hourly time frame. If no candle stick pattern, we ignore that pair and move to others.
Also note the direction of the line to determine the trade type; bullish or bearish. If price breaks above a fractal on daily time frame, we would be look for a bullish set up on the hourly time frame. If price breaks below a fractal, we would be looking out for a bearish trade set up on the 1 hour time frame. I hope this is clear? If you have any question(s), kindly, post it here so that I can do well to respond.
The EURUSD and its related pairs are gradually retracing back to our entry area. At this area, we would be looking out for price action set up to confirm our entry. Once we spot any we are good to go. So far, a pin bar have formed on gold's entry area and it is gradually moving up.
Hi Lucariga, nice observation there. If you look at the GBPCHF daily time frame, you will notice a break of the fractal flow up. If you also take note, you will notice a continuous break of the fractal flow, so each break signifies a change in the flow. With regards to the GBPCHF, it can also be called fractal continuation.
{quote} I guess EUR/CHF is valid for longs {image} {image}
Ignored
1. We would have to wait for price to get to the trendline or support area.
2. We would wait for a price action set up(candle stick) to pull our trigger
