abhishek02

abhishek02

i am looking for a range.. the digestion process is completed and now i'm looking for a range before going short here

abhishek02

see this chart on 3 minute time frame

abhishek02

THIS ONE IS TODAY'S TRADE IN AUD/NZD. LET ME EXPLAIN WHAT SAW AND DID.... FIRST OF ALL THERE WAS A RANGE BUILDING UP AND THIS MEANS BIG BOYS ARE UP TO SOMETHING AND THEY ARE BUILDING ORDERS. AND FINALLY THE RANGE IS BROKEN AT 1.09582 LEVEL. THEN THERE UPWARD MOVEMENT WHICH IS A GOOD SIGN NOW I WAS LOOKING FOR A PULLBACK(RED LINES WHICH ARE BEING DIGESTED 100% BY...

abhishek02 Updated 

AS WE CAN SEE THERE IS A BREACH AT 1.09604. AND AS YOU SEE ASIA HIGH AND ASIA LOW DIDN'T ABLE TO BREAK PREVIOUS DAY NY HIGH AND LOW. AND AT 12:30 LONDON SESSION WILL OPEN. IF LONDON SESSION ABLE TO BREAK ASIA HIGH THEN WE ARE IN CLEAR DIRECTION. AND FUNDAMENTALS SAYS THAT AUD IS STRONG AND NZD IS WEAK TODAY. THE RED LINE IS LIKE A FOOD WHICH NEED TO BE DIGESTED...

abhishek02 Updated 

AS WE CAN SEE THERE IS A BREACH AT 116.401. AND A LITTLE STRONG RED CANDLE BROKE IT. NOW WE ARE WAITING FOR A PULLBACK PATIENTLY. BUT DON'T ENTER NOW; WE ARE STILL LOOKING FOR A CLEAR PICTURE AND THAT PULLBACK.

abhishek02

THIS WAS MY YESTERDAYS TRDAE BUT I WAS NOT ABEL TO GET IN WITH THE BIG BOYS BECAUSE I WAS USING PHONE IN QUARANTINE.

abhishek02 Updated 

As a price action trader we only spot pin point location for entry and not to chase the trend.