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Matts Micro replied Jun 21, 2024Different trade quoted, but my strategy at the essence. I put up with small scalping moves trying to find the power move and adopting small loses on occasion. I lost one large trade (13 pips) in this sequence when I broke my own rule extending the ...
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Matts Micro replied Jun 21, 2024Imo I think this could go as low as 1.0650 but it will struggle. We are approaching the lower lip of the weekly wedge (thick blue TL). It had a minor break topside of the wedge which often follows a minor break in the lower side before either ...
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Matts Micro replied Jun 21, 2024Yup, complete Asian session was a lie for their loading up. Like they didn't know what was coming....
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Matts Micro replied Jun 21, 2024I don't say it often but this PA doesn't seem natural throughout the Asian session. It feels like PA is being deliberately pushed on what seems to me a low liquidity week, with my small TF charts often gapping (ICMarkets broker) especially with the ...
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Matts Micro replied Jun 20, 2024Imo we go lower to demand zone (blue box) before traveling back to the topside.
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Matts Micro replied Jun 20, 2024TS 10 pips. Got knocked out of the first trade I posted at BE but re-entered the same trade. I am now short for a further push lower but will look topside if my SL is broken
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Matts Micro replied Jun 20, 2024SL -13 pips I was expecting London to take their share of the BO before a continuation... I'm getting too tricky in my old age, sometimes a BO is just a BO. A big hit for me but will retrieve it in a trade or 2.
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Matts Micro replied Jun 20, 2024Got knocked out of trade TS. Looking to see if this a correction of the BO or just a FO. May re-enter sell if I am signaled. I work with tight SL's, if I am wrong it is a small pennies when the real move comes. Edit: Signaled long on 30m this is ...
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Matts Micro replied Jun 18, 2024Here we go for a further step down. 1.072 support defeated I think. Short.
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Matts Micro replied Jun 14, 2024Are we done with this foolish bear trigger, liquidity gathered for the bulls? Possibly some consolidation to think about it but still in range for another push topside to the weekly falling TL.
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Matts Micro replied Jun 13, 2024Long I was looking for an entry within my blue box (blue horizontal line on this chart) but didn't want to get left behind.
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Matts Micro replied Jun 13, 2024Imo it is do or die for the bears in the medium term. I am looking at the blue box. If the bears can defeat that level and reach below they have a chance in the ST. I will be looking for a buy signal as I believe there will be strong demand.
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Matts Micro replied Jun 13, 2024Imo there is only one direction to trade, up. The daily BO on the falling TL on the 15/5 is confirmed with a perfect buy signal on my system with yesterday's candle.
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Matts Micro replied Jun 12, 2024Yep and I had a sell signal with the candle setup from the previous Friday to Tuesday with my system. If the same signal was on an hourly chart down I would have been in the trade, generally I don't trade daily charts and use for directional ...
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Matts Micro replied Jun 11, 2024Hi, imo news doesn't discount TA infact it is why TA exists, it is the order flow of the "money" being placed within the market. It can destroy on the smaller charts with high liquidity scenarios but it does the same thing just at a very quick rate.
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Matts Micro replied Jun 11, 2024Looking for setups to the right of the chart- potential Gartley setting up.
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Matts Micro replied Jun 11, 2024Imo today is the battle day. If we have a half decent daily bull candle we could be looking at a new HH or at least a decent correction throwing it back to the bulls ball court, if a bear or balanced candle wins out -down we go. Grab your sword + ...
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