"In a nutshell : the zone was not the start of the move’
That is such an important takeaway! Will keep this in mind!
Heikin Ashi candles! Don’t know much about them yet. Will read over them and try to incorporate them in my charts. Did you have to download anything to get those candles on your chart or is it available on MT4 ?
Hello r2thebe2thec i think you become a member of set and forget site. I have questions if you can answer. Did they share charts like maryo caryo did. Did you find content and shared trades usefull. Did they share trades in advance.
Hey Tuva, I haven’t become a member of set and forget yet. All I did was read over the thread started by Alfonso Moreno and create analysis based on that.
So lets start the week with GBP/NZD …
short was executed yesterday night… again Kind of late entry but so far +120 pips are safe
at the Moment +160 pips are running
changed the line Color to yellow and added S&R Levels in green ( just in my daily Chart) so dont be confused
as i mentioned in some posts before i added the good old S&R areas to the system so please dont be confused from the zones i drawn …its like a mash up from S&R an S&D …in some cases i add trend lines and multi time frame analyses for the entry…
its like checking 1d tf and then find the entry in the 4h or 1h or even the 1 minute chart
so here are some trades for next week
lets see how they will play out …
Eur/Gbp 1 Daily Chart looking for long after touching the “zone” again …entry after confirmation candle not instant by touching the zone ( looking for this entry in a smaller tf )
Gold Daily Chart
due to the fact that price was not able to break the high from 11.2 and by not forming a HH a assume a short trade going into price level approx 1.184,00
if price can break the 1,243.00 then we may can see a long here
but my favorite prediction is the short
i will look for an entry in a smaller tf as well …
Sorry, I was travelling the entire last week with limited access to the internet. I’m back now! Look forward to sharing my charts and opinions moving forward.