SCARY18

SCARY18

Recap: FX:EURUSD flew downstairs Earlier this week!! but then spent most of its time ranging and retracing. We should expect a strong pull down. Strategy: Red: If price does not provide a trade setup in the retrace zone. Then I will wait till it breaks the current LL and look for a retrace or new structure to enter with a continuation pattern(Bearish engulfing...

SCARY18

Recap: USD JPY made some bullish progress, while ending with strong bullish wicks this Friday. It should be expected to continue next week possibly starting off with a retrace and possible retouch and continuation. Strategy: Red : Wait for retrace to previous high. Wait for continuation pattern on that level. Possibly Bullish engulfing candle or Morning...

SCARY18

USDJPY was very bullish these following days. I am expecting a cool off soon or retrace and possibly the ability to take a long position to ride the wave. If not USDJPY might break lows and plummet. Then I will be looking for a retest to enter the trade. Patience is key

SCARY18

EURUSD has been on a downtrend for many weeks now. With a visible trendline with three touches that all regected. Possibly expected to reject once more. As of now a sell bias is likely to happen for next. Just waiting for the perfect time to enter. Patience is key

SCARY18

EURUSD bursted with a flame going up. But can it still sustain the momentum? Well if EURUSD decides to break low's I will be looking for a possible short entry. But if EURUSD decides to continue it's bullish move; I will sit back for a break and retest to enter.As of now we will have to sit and wait!!!!

SCARY18

USDJPY was very bearish last week and finished with a retracement. As of now, I am looking mainly for sells if given the opportunity; but if price action breaks the resistance I will be looking for buys.

SCARY18

Last was a strong bearish push for USDCAD, but ended with a retracement to previous resistance. As of now I am looking forward to jump into a short and ride USDCAD!!!

SCARY18

CONFLUENCE Retest of resistance turned support(more evident on 4HR TF) Strong Bearish push Long Wicks Risk 1% per trade SL placed based on current market structure. Placed slightly below long wick of prev . candle. Dynamic Stop loss. Stop loss will be removed based on market structure(Breaks of highs + Lows) Reward Reward based on market...

SCARY18

CONFLUENCE Descending Channel(Likely to break to upside Retest of last high within Ascending Channel Break of Previous High Risk 1% per trade SL placed based on current market structure. Placed slightly below long wick of prev. candle. Dynamic Stop loss. Stop loss will be removed based on market structure(Breaks of highs + Lows) Reward ...

SCARY18

Descending channel. Then broke out to retest last high in the descending channel. SL placed slightly below long wick that was printed. TP is currently around 3%. I probably should have waited for a strong bullsh candle to print out, because I believe I jumped in to early.

SCARY18

USDCAD finished bearish last week. And likely will considering it has been for a while. As indicated in my charting A if USDCAD breaks the support held in the wedge. I will be looking for A retest and a sell opportunity. Or if USDCAD Rejects and choses to go up I will be looking for a buy opportunity.

SCARY18

USDJPY finished strong with a bullish outlook. Currently where UJ stands is a possible pullback. As indicated in the charting, there is a daily support where we can ride short all down till. Or B where we can find a buy opportunity. And A where price will go up, and we can find a possible buying opportunity.

SCARY18

Last week EURUSD was very Bearish but ended with a strong Bullish pullback. The outlook for EURUSD isd defitnly short, but as of now I am waiting for rejecting. Possibly on the daily resistance or a trend resistance that is found. Currently if EURUSD provides that chance I will plan on taking short term longs.