MrSahid

MrSahid Feb 4

XRP - yesterdays candle doesn't tell me anything but from buyers being taken out from the market $$$ - However the only thing that looks good is the structure not yesterdays daily closure - bear in mind loads of news that's messing the market up - but for now the structure looks clean

MrSahid Feb 4

BTC - Nothing to go off - just ranging - news coming in left right centre - ideally want price to come lower first to follow structure unless it goes parabolic then we can forecast different numbers - but if prices moves higher in a stagnant format then we will see a huge tank to $70k ish eventually

MrSahid Jun 28, 2023

GJ Longs - Bullish on HTF. Nice discounted retracement, I still believe Bulls are in play.

MrSahid Updated  Jun 28, 2023

EU Longs - Intra day. If this plays out late in the day, will not be taking the trade due to volume and not looking to hold overnight

MrSahid Updated  Jun 6, 2023

Hey Guys, Took a week off from the markets to rejuvenate, which is needed and I highly recommend you do the same guys, it should be a routine for you. I am favouring shorts due to EU still showing sings of sellers. Nothing has indicated buyers stepping in. I would be cautious of how price plays out as we have retraced from the weekly potentially creating a...

MrSahid Updated  May 22, 2023

Hi Guys, We have a short play on our hands, I have entered with Low Risk due to it being Monday and there's usually a lot of manipulation from the weekend closure. However, PDH has been taken, break of structure on the lower TF has given me the idea of shorts into last weeks lows. Loads of liquidity to be taken, Lows are in tact. 4H TF structure is still...

MrSahid May 19, 2023

Bears are still in control, I've already taken a trade on London Open for a 1;1.75 RR so no more trading for me. I personally favouring shorts looking for a deeper pull back near the PDH before waiting for a short trade. But we could also move lower from here too if price plays out and shows its hand for a short trade so adapt and adjust as price unfolds. I'm on...

MrSahid Updated  May 18, 2023

I'm favouring shorts from here - 1M - 5M is showing Break of Structure. Entering on sell limit with very small risk Targeting the most recent swing low.

MrSahid Updated  May 18, 2023

I am short on this pair, waiting for PML to be taken and then we should see some sort of relief, Potential to scale into the trade if we don't revisit the initial area I've marked out. 30 Pips for the taking - price is slowly moving down - Risk On.

MrSahid Updated  May 17, 2023

Bears are in control, 4H Candle closed strong. Waiting for a pullback for a short play into Previous month lows. Short and simple play Liquidity taken, break of structure and a potential return to order to follow through. Lets see how this plays out ... will update accordingly. Risk Sensibly and grab them PIPS

MrSahid Updated  May 16, 2023

Update on Shorts, still expecting shorts. Monday was choppy. Will be waiting to see how we react on Yesterdays Daily High. Break of structure on the LTF will be my confirmation to go short - I will not hold the trade to the lows unless we have a strong momentum. Lets see if we can reach the OB above yesterdays high. We could edge a little higher than the OB...

MrSahid May 14, 2023

My bias on EU has changed to Short term bear. But we had a super strong bear candle close on the week last week. We are coming down to Previous month lows so this may decide whether we have changed direction to bears. So will have to be mindful and adjust to see where price heads to next. Structure on the HTF remains bullish. We have previous month lows to keep...