This is just for the educational purpose. I am not suggesting buy and sell on this. From the Yesterday trade EURAUD breakout from resistance and moved 100 pips upside.
so this trade is based on support and resistance with the trend.
and the resistance will be used as support after break and 50ema is used as dynamic support.
this is simple break and resistance strategy with the trend
I recommend watching video in fullscreen for cleaner image. Sorry for low quality sound and laborious english, lol.
Reasons to buy :
- Uptrend
- Regular flat = continuation pattern
- Green liquidity announces a possible spike after a liquidity grab (false breakout)
- Red liquidity can magnetise price for a liquidity grab followed by a drop
- RSI oversold at...
This is just for the Educational Purpose. I am not suggesting the buy and sell in anything. These are some pattern on which you can trade.
Contact : 9960800849 Trade Mind Academy.
EURUSD 10/01/2022
In this case it's a Failed attempt of variant 1, type 1
Then variant 2, type 3 Perfectly playing out.
.
System 1.27 :
Variant 1: Type 1 & 2
Variant 2 : Type 3 & 4
the previous videos gave why the price recap , i bet you go and watch it agin and you will understand the process here
we hope to see it get to it potential target .
Understanding where the liquidity in the market is our edge, now note we are not anticipating a change in detraction, but a pullback after the swipe of liquidity at least 20-30 pips pullback, we take advantage of the pullback that why we go deeper to the ltf to look for entry, so we can get into the trade, and know where to get out
USDINR possible and aligned Elliott wave structure of multi time frames from monthly to hourly.
Monthly chart
Weekly chart
Daily chart
4 Hourly chart
1 Hourly chart
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you...
Hey traders, here is the analysis for the USDCAD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
Asian had a bit more volume than usual, Asian high cleared the previous daily high that was just creating more liquidity, my main entry for the over sell was after Tuesday got cleared, nd there was a break of structure, and we had demand failures, but I was able to take risk sell just above the clear if Asian high, I will say that not advisable because London...
Eu has been ranging for the past days, with that on my mind, I knew every trade I catch as an intraday is retracement, took my first entry after a break of structure but that was liquidity, I did not notice that from the beginning if I do would have placed my entry above the liquidity and used a 5 pips stop, that would have been my trade for the first entry if I...
We caught nice 7.5rr trade today
after break of structure we mark our 5 minute poi and we also saw inducement there and then we sell our sell limit because we were in downtrend on a bigger picture too
