USDCHF intraday trade progression

August 9, 2023

Ok, so how do I trade? I posted 2 USDCHF trades live on another website today and it is worth to upload the pics here with comments. So I am gonna show you an USDCHF intraday trade progression and the respective chart analysis. The first trade was a bit late, also a bit early. Entry …

AUDJPY long trades based on yesterday’s price projection

August 3, 2023

I have taken the trade based on yesterday’s projection. It is late, we are after London close time. Greed is not good, my trades are closed by now right where/and when the picture was taken. Around 85 pips on AJ today, two positions combined. It does not matter if the price hits the target today …

AUDJPY long investigation on M15

August 2, 2023

We have arrived to the M15 TF. It shows accumulation now and whatever happens (anything could happen) we are not to get married to the trade. The same setups happen nearly every day and trading is about catching a section of a move with very high probability. The initial assumption for a long trade could …

AUDJPY long investigation on H1

August 2, 2023

Looking to the left, there is a low that has been stophunted and engulfed before. Price likes to visit such areas. The area is also a Level 1 area within a larger area of accumulation. We also note that the moves of 3s are not clearly recognizable on H1. It is proper to consider the …

AUDJPY long investigation on the H4

August 2, 2023

H4 confirms the obvious, already noticed: short traders have been taken for a ride and now the long traders are also trapped. Could short traders be trapped soon, when they are caught in the middle once again? We are in the middle again.. short? long? Keep? Close? Getting late, US session ends soon, what can …

AUDJPY long investigation on the Daily

August 2, 2023

We are looking at the last Weekly move down on the Daily chart. We are able to find the moves of 3s, with special importance to the last 5 closed candles. Looking back a bit more, the entire move down shows the signs of a proper full cycle with price accumulating for days, then extending …

AUDJPY long investigation on the weekly

August 2, 2023

We follow the same process and identify areas of accumulation, stop-outs – areas where traders got stopped out. For now, we believe we have good reasons to think that the identified peak highs and lows are solid points of reference for the identification of lower TF chart elements. We also mentally note that considering we …

AUDJPY long investigation on the Monthly

August 2, 2023

Regarding the present, we note if there is any upcoming news this week regarding the pair. None is expected. We are aware of the upcoming NFP news this week but today is Wednesday, nothing abnormal is expected during the late EU and the ongoing US session today. We annotate the chart to understand what the …

Thoughts on trading and an investigation into a possible AUDJPY long setup

August 2, 2023

One may want to prove oneself but the price does not care. A trader has to flow with the price, otherwise the price will flow with the trader. Flow means understanding, the skill of building a narrative, presence and focus to execute with flexibility. For many reasons, posting trades could be very dangerous, in fact …