London
LONDON: USD/JPY B&R - MOMENTUMLondon has lined up some interesting break and retest setups. Decided to go with UJ because we already have a trade depending on USD weakness, now we can try to capitalize on JPY strength as well. 'Break and Retest' setup right out the playbook is active using momentum based entry. Lets see how it plays out
LONDON: AUD/USD BREAK & RETEST - MOMENTUMDXY is still showing weakness across the board and while we trended all ASIA and may get a pullback if they go after stop losses, we must remain disciplined and trade in line with the market. In this case, AU has broken above 4h range and in our trading timeframe has shown us our classic playbook setup "B&R" using momentum for confirmation entry. Lets see if market can push a little more to help us reach at least 1:2RR
LONDON: GBPUSD ABCD/EXT LIMIT ATRPrice has pumped to a very strong key level and neckline of higher timeframe double top. Now we may see the dump play out and have entered using our ABCD/EXT setup which calls for a SL using our ATR on our trading timeframe. Big potential for downside if price does fall
US30 SELL TRADE/PREDICTIONI am currently in a sell for US30
Reasons:
Price is in supply zone
-Market is respecting 4 hour, 15 min, 30 min resistance.
-5 min support has just been broken.
-Market is overbought and needs to balance itself out.
-20 & 50 ema has crossed on 1min timeframe
-Next strong level of support is 33880 (4hr)
-My brain recognizes this pattern/behaviour
use proper risk
I am not a financial advisor, trade at your own risk
LONDON UJ ABCD/EXT LIMIT ATRComing in for a London session we see UJ has continued its bullish run and while its not the intention to continually find setups against the trend, we must trade what we see.
ABCD/EXT sell limit using our ATR for stop loss to capitalize on what could be a quick 1:2RR corrective wave
Probability of success 75%