stoko29

stoko29

Posting this so others hopefully take some value from it. I took this trade earlier in the week and unfortunately it hit stop loss. I have detailed on the chart what i did and what i should have done. I have also included how a trend can change from down to up in relation to the chart and trade and where the better entries would have been. All constructive...

stoko29

Looking for price to create a double bottom which would give us the 3rd trendline tap (breakthrough to support / structure). It would also respect support level. Bias is up so we trade with the trend. If support is respected (double bottom created) it would add confluence of the 78.6 fib retracement area which is also at a psychological level.

stoko29

Overall trend is up, looking for pullbacks to create a new HL and potential entry points from the trendlines 3rd tap should we get one and push up higher. I will also be putting together educational content in the near future for others hopefully to take some value from which i'm looking forward to doing.

stoko29

Just a waiting game with this one. Price could go either way giving us a 3rd tap of the weekly trendline providing us with a potential opportunity.

stoko29

RANGING WEEKLY MOVEMENT COULD LEAD TO EITHER OUTCOME.

stoko29

ALL CONFLUENCES ARE NUMBERED ON CHART. AS ALWAYS ANY CONSTRUCTIVE CRITICISM AND FEEDBACK ARE MORE THAN WELCOME AND HUGELY APPRECIATED. MANY THANKS.

stoko29

THIS IS THE 1 HOUR TIME FRAME 4 HOUR AND DAILY WILL ALSO BE POSTED SHOWING THE BIGGER PICTURE AND WHY I'VE COME TO MY ANALYSIS. ALL CONFLUENCES ARE LISTED AS TO WHY I HAVE ENTERED THIS TRADE.

stoko29

Daily analysis of GBPUSD. Looking to long as bias is up HH's, HL's. Pullback to 50 fib 61.8 for possible entries. Should DXY continue to weaken there is lots of room to the upside for this pair. Always trade what you see and not what you want or think, let the trade come to you. And as always we as traders react and adapt should bias change.

stoko29

Potential outlook for EURJPY, looking for a pullback to create a HL for then a possible push up for further upside movement to create a new HH. All analysis is of my own and is My Opinion only. (This is not a tutorial or for educational purposes, it is merely my opinion on the market and where i think it is going). Any constructive criticism is welcome and any...