gbp cad

use weekly monlty levles for targets

 

 

today trades

 

bear day hit market

 


well i dint short the exact top but went short on other opportunities,, once a trend set stalk allday for new entryess!!!

pattern recognition

 

pattern re

The importacne of location levels weekly and monthly pivots, combined with pattern recognition .

the yellow levels are patterns right into location at key reversal times ASIA LONDON AND NEW YORK

TRend set ups happens always from 3 to 5 am est that is london hot zone, and second entryes come in new york city session, check ur charts and ull see same.


FIRST WE IDENTIFY TREND MACRO

THIS IS 30 MIN CHART price open sunday over key moving averages.

we use 89 ema green line
and 200 sma red line why? becase this 2 lines are used by big money, 200 sma is big on any time frame 89 ema is used by bank traders and it is fibonaci sequence.

key location are set with red horizontal lines and sky blue lines , thse are weekly and montly pivots point levels.

also we have set priors highs lines and 200 ma weekly line level.


now identifying the MAJOR EVENTS.

1 PRISTINE BUY SET UP with bull180 bar in LONDON at or over weekly pivot point line 13896 this is buy signal and target 1 was 200 ma weekly. target hit.

2 pristine buy set up at 200 ma weekly level ,target is next level close or montlhy resitance 1 prices goes near and stall. perfecto trade.

3 , asia sesion 3 times top at montly resitance 1 we are away form 89 ema and 200 ma so a retrace is necesary, we wait for pattern , a bear patten hits GBI, GREEN BAR IGNORE! target 200 ma weeky

4 london session gbi at weekly 200 ma target 200 ma 30 min .

5 new york session 30 min pristine sell set up at 89 ema and under weekly 200 ma textbook target 200 ma 30 min and weekly pivot point level.

6 new york session bull power tail bar at prior high feb 2011 and weekly pivot point big suport level!!! this entry is perfecto trend set up and so prcies rock into next big level up 89 ema 200 ma weekly and blast into montly resitance 1!!!!!!!

7 afternon buy set up in new york at location 200 ma weekly level and montly r1 as target!


8 london session ,, lower high and double top at location mr1 target 89 ema and or 200 ma weekly level

9. new york session 30 min pristine sell set up at 200 ma weekly level target 200 ma 30 min and final target weekly pivot point prcies goesthere like magic.

10 afternon in New york price are back into weekly pivot point remeber is big location and retest of weeks lows , then bull event elephant!!!!

11 london sesion mega bull bar over mas and over weekly pivot point after restest think buy!!! entry at rbi at loaction 200 ma weekly level target montly r1 and blast to weekly r1!!!!

12 new york pulback and pristine buy set up over 200 ma weekly at mr1 and prcies over 89 ema 200 ma another big trend set up!!! target next up levels

13, asia session shake out in asia at mr1 and price hold 89 ema then monster move to wr1 again then blast to next level nov high 2011 !!!!!

14 london session bull 180 into 2 big location but attempts to fail, the failure is erased entry after doji bar near wr1 big location !! then carnage to the bears!!!!!an flyes to next mega location at montly resitance 2 then stall!!!!!


15 new york sesion stall at big location and bull flag and 30 min vbs at location then blast!!!!! to extrreme weekly pivto resitance 2!!! prices stall there and retraces

16 afternoon retrace from mega location another pristine buy hits but at this point we are mega extended far away form 89 ema and 200 into extreme montly andweekly pivots levels!!!! day is over week is over, all bears in PAIN!!!





lessson,, identify trend ,, identify locations, then wait for mega events
events are pristine buys pristine sells, bull 180 bear 180 gbi and rbi,,

entry near big location target the next big location.

euro today friday

 


entry in lodno sesion exito into new yok, half lot

yen g7 intervention

 

any bear dare to short rise ur hands hahaha

Forex Pivot Points, Support, Resistance, Hourly, 4 Hours, Daily, Weekly, Monthly, Intraday, Short Term, Medium Term, Long Term, US Dollar, Euro, Japanese Yen, British Pound Sterling, Swiss Franc, Canadian Dollar, Australian Dollar, New Zealand Dollar, USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD - Forex Analysis, Currency Forecast, FX Trading Signal - Action Forex

Forex Pivot Points, Support, Resistance, Hourly, 4 Hours, Daily, Weekly, Monthly, Intraday, Short Term, Medium Term, Long Term, US Dollar, Euro, Japanese Yen, British Pound Sterling, Swiss Franc, Canadian Dollar, Australian Dollar, New Zealand Dollar, USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD - Forex Analysis, Currency Forecast, FX Trading Signal - Action Forex

4h gbp weekly buy set up at weekly pivots

WE ARE LONG 16250 STOP 20 PIP , TARGET 1 HIT SO OUT PARTIAL