Two reversal setups were observed during Tuesday session. First trade was the mean reversion setup when the trend line break and over-and-under (or Quasidmodo) pattern was formed at the developing value high which was around 17820. Target was to see YM auctioning back to VWAP, around 17753. Second trade setup was around 1330 chicago time, […]
Trading Journal
Day Review: YM 12 Jan 2015
3 types of trade setups were found during Monday session: 1. Opening Drive 2. Mean reversion 3. Triple Top reversal During Pre RTH, YM broke the short term uptrend line and traded at the developing value area low. The rejection of VWAP at the open, gave me a more confidence about the potential selling. First […]
Day Review: YM 09 Jan 2015
Here is the day review after I replayed the market. No live trade was taken today, this post is meant to review price action of the past session.
Day review: YM 08 Jan 2015
There were a couple of entry setups formed during Asian session (if you even watched this market during that hours), otherwise, YM was grinding up in the RTH morning, patience was required to wait for entry opportunity (well, at least for my type of trading). Looking at the context in hourly chart on the left, […]
Day review: YM 07 Jan 2015
Here is a quick review of YM for the past day
$GBPJPY potential reaction zone 20 Feb 2013
So, big sell off of GBP. There are loads of retracement levels for GBP crosses. I am taking GBPJPY to show potential reaction zone. M30 – Around 143.90 zone. A retest of previous support turned resistance, with confluence of supply line, and the base of sell off. This zone should provide some reactions. M5- Detailed […]
