EURUSD almost at the DTL of the 4H chart and 1H ATL showing lose of momentum. Will wait to see how the markets reacts and wait for reversal edged. Shorts are highly possible. Will be looking at the 1H/30 min for entries after reversal edges show itself
USDJPY and NZDUSD. •
Two from many winning trades from last week. Broken down on EverythingFX as usual but also posted NZDUSD to my story for free to everyone on Tuesday , including posting my entry. •
Though UJ was an obvious head and shoulder pattern at the monthly resistance we were consolidating and I advised to wait for break below consolidation and retest before entry which played out perfectly to currently be sitting in +100 pips profit. •
NZDUSD broke above its previously lower high and as I explained would “fly” once it did. From Tuesday - Friday we managed to capture another +120 pips , smashing through my first and second target as we approach my last at 0.6900. •
Currently doing some analysis for the week ahead, comment what pair you want covered and I will do a live video on the most requested tomorrow evening 👍👍👍
Say hi to our newest coach @neiljames.fx 👋🏼
Neil's been with Falcon from the start and he's shown tremendous growth with the style and strategy.
Having now left his job recently Neil started taking on and helping students break through barriers of their own to get them on their way to consistent months.
Sometimes it's only one or two tweaks to your approach that is needed to get you on the right track. Sometimes it's having a coach there to pinpoint it and help you see where you're going wrong that's invaluable.
The feedback has already been incredible and we can't wait to see the results of current members increase even more 🔥
We're excited to have you on the team Neil 🦅
Lining up the common swing highs here for identification. The fake out becomes obvious when you work with
the consistency of the market.
Marking these out isn’t an exact science, you’re just looking to mark out the general structure so you know when price approaches this important technical level.
Keep the process simple and obvious. If it isn’t obvious and you really struggle to line up the level
then it is probably not a structure level worth worrying about.
To learn more check out my own ebook in my bio.the ebook is 168 pages,and it covers all price action strategies and tactics that you need to trade the market.if you want to purchase your copy check it out in my bio,
or send me a private message.