AUDCAD
Still in this trade, not sure how it hit your SL. It has been green since I entered it yesterday.
AUDNZD
Missed out on this monster of a trade!
Trades to look at
Short - AUDUSD
Moving down from the downward moving trendline. But the price violated my supply zone so, imma stay out
Short - NZDUSD
Price moving south after hitting the supply zone, but the overall trend of the pair is bullish, so imma stay out again.
Short - NZDCAD
Pin bar off the Supply zone. but overall trend is bullish, so out
Short - AUDCAD
Been since yesterday. Bounce off the downward trendline + bounce off the Supply zone + Overall trend is Bearish! Lets see how this goes!
This is how i got stoped out in aud cadā¦but i re entered it muhahah ā¦
i re entered after trendline break ā¦
Glad you were able to make some dough too!
I am out of this pair now.
Great you guys are killing it, good going have a great week-nd.:13:
thx bro ā¦we are on a good way i think 
Thereās a potential long on GBPJPY right now however be cautious because GBP is in a big downtrend.
USDCAD looks interesting too, but I would prefer for it to drop a little bit more before going long
yes i watch these gbp pairs as well we might see a small reversal hereā¦
i like the crude oil set upā¦price is near to a supply ā¦
I had the exact same analysis as you! I mean 100% same as you. But none of those trades were successful for me as you too might be aware. I thought maybe GBP is good enough to trade now, but I was wrong.
Risks associated with the trades were low, so no big losses but another L in the books.
heh, but I didnāt enter neither of those. I only enter after the price starts to bounce, this of course lowers my RR ratio, however increases win probability. And in this case the price didnāt bounce enough.
As for today, I donāt see anything tradable yet
Just had a great trade on NZD/USD
congratulations! I was looking to short it too, but it just bounced too fast for my taste
Its always better to take the trade after it starts to bounce, unless your 100 % sure that is going your direction. I often do the same, wait until the bounce , i ratter get some pips than getting beat down as YourMother does which i agree with.
Second that! Way too quick for me unless I had pending orders in place.
Hi tony, I donāt think that at any point I can be sure which direction the market is going to go, all I can do is predict how it might react based on previous experiences at that price point.
Secondly, I would prefer to wait and see how the price bounces and then enter the trades, but strong S&D zones donāt give me the comfort to enter trades, once it has bounced off the zone. What would you recommend to combat that ? Because sometimes, the more you delay to enter a trade, your SL starts getting bigger and TP smaller directly affecting R:R.
I personally like to place my entries above the most recent high or low, depending on which way youāre going. If the RR isnāt good enough in a particular trade, I just skip it.
You know that is part of trading, i usually will go in and just take a smaller profit or i just skip the trade. That is one of the situations where you really need to look at all other options that might be better.
i think its not realistic trying to catch tops or bottomsā¦i personaly just flip to a smaller tf after i see price reached a zone than draw a trendline and wait for price to break it ā¦
by the way has somebody catched the gbp pairs ?? gbp usd for example hit a daily ressistance zone ā¦
for entry confirmation i just used the trendline break in 1h chart ā¦or even a more simple entry after price breaks the 20 ma in 4h tfā¦
that way i can eliminate the doubts like " will it bounce? ,will it drop ? when to enter"
for me that works fine
Keep a close eye on AUDUSD, this pair might reverse in the coming hours. The same holds for other AUD pairs as well.
I went long on GBPJPY yesterday, in profit right now, but I donāt like how itās moving, so I moved my SL below the most recent low on 1H timeframe, close to break even.
nice run this week for gbp pairsā¦
hope āyour motherā could gain some profit with gbp jpy ā¦i missed this one but gbp usd made a good profitā¦
my crude oil scenario was smashed but i wasnt in just waited for pulling the triggerā¦now waiting for the next supply