High Probability Insight: Day-Trade Daily Momentum on M1/M5TF

Weekly Market Update ( July 4th - July 8th, 2016 )

A quick Scan Today:

Quick Scalp on GBP/JPY

I was expecting the news to be negative, and this is why I got out so early.

NZD/USD is currently BULLISH right now, but I am going against the Trend....

It's really not a good idea, but I am expecting some kind of Exhaustion on this pair for 2 reasons:

1- Price Action is trading near Major Resistance Levels.
2- Red Line hasn't been breached, therefore the Bearish Gartley Formation is still in Play.

Since, I know that I am going against the trend, I will be okay if this pair pops above and continue to the upside.




Note: I don't like to make decisions based on a Specific Candlestick Formation, I prefer to go with the Sentiment
in combination with Market Structure.

USD News might help this pair to go DOWN or further UP.......

I got stopped out on that Short-Term Trade here on NZD/USD

Late Trade from yesterday - EUR/JPY

First Trade got stopped out, and I am going for a second one....

I am hoping to see some kind of positive momentum during the London Session, before the Massive NFP News later
that day...

GBP/USD - I am testing a Theory inspired by Mastermind ( QAM Method )

This is a Risky Trade on GBP/JPY

GBP/USD Update:

Trailing Stop has been activated.....It becomes a stress-free Trade.....

23.6% is Target #1 ( I had to close this trade out)

I will look for more opportunities after the 3:30amCST News

I completely missed the party on NZD/CAD, and now I am waiting for a Massive DROP if and only if NZD
decides to weakening in the next 2 weeks or so.

This is a Daily Trade Setup:

EUR/NZD quick Update:


I had an Opportunity to go Short on this pair yesterday, but I was playing games because I was so convinced
that NZD/USD was going to drop.... Now, I am hoping for a Continuation to the Downside near 1.51000ish

My best bet is for EUR to stay Bearish/Weak till Non-Farm Payroll Release (7:30am CST)

I lost my patience and decided to go for a 1:1 on USD/JPY and GBP/JPY

GBPJPY

Oh sorry, I have the wrong thread.
Although my idea is the same: high odds.

No need to apologize!

EUR/NZD last Update:

This was a great Trade Setup, but I failed to take full advantage of it...I am not too keen with Non-Farm
Payroll Release especially when I am at sleep....

Premature closed

So thank you very much.

Weekly Market Update - Video ( July 10th- July 15th )