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eastrader replied Jan 29, 2023Trending move, just wait for break or reversal, prefer buy if the breakout occur. Waiting mode atm. image
GBP/CHF
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eastrader replied Jan 27, 2023Agreed, just there is no dominant movement yet today. Maybe next week. image
Gold
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eastrader replied Jan 26, 2023ZOOM IN Others may called top down analysis or etc. Zoom in from higher TF to lower TF are useful in making a decision. At least just do it once a day in particular pairs as an activity to seek for current situation. Charts below explained : ...
My Trading Journals
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eastrader replied Jan 25, 2023THE ZONE A zone created by price usually because the movement between last swing low or high with 1st retest Example below is A is the last swing low that is support level been break by price, while B is the 1st retest after the breakout. It's ...
My Trading Journals
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eastrader replied Jan 25, 2023After a breakout , identify a potential RBS or SBR. Wait for the 1st retest, this retest will confirmed either it was a role reversal or otherwise it will just ignore. image The entry is on 2nd retest that will be good for buy or sell after ...
My Trading Journals
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eastrader replied Jan 24, 2023Yes maybe it will. if looking at daily & weekly its maybe also a continuation long.
Gold
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eastrader replied Jan 24, 2023Until now no breakout, just a test to resistance after a test & rejection support. image
Gold
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eastrader replied Jan 23, 2023Type Of Support 1) Support itself 2) Resistance Become Support (RBS) 3) Potential RBS We can pay attention to the retest of those level. Those are a good level for buy entry position, image
My Trading Journals