It’s going to be EUR USD as you guys can see our trade from earlier could have played a very nice trade so I forgot that’s the next trade I’m going to stay awake tonight and then enter the USDCHF after the pullback to the area of interest exactly as I wanted to the 4H hourly time frame is slow Very in this area which is exactly what we wanted to see than the 30-minute time frame we will wait for a little quick break retest of this area and then move to the downside GBP CAD does nothing what we wanted to do.
So we are currently at the highest level we are still rejecting and in the 4-hour time frame we want the price to break clearly and retest it and then sell, it is not doing what we want it to be, and interested GJ is stopping at this area exactly as we want the time frame to be The daily has given us a daily bullish pin bar.
This is what we want to then take a counter-trend trade through so if I get down to the end at 1 hour we can see that 1 hour is kind of accumulating in this area and the only way I would enter this trade is if it would give me a bullish candlestick on this The time frame is 30 minutes, so if I have a candlestick like this.
Stop loss Forex candlestick to profit again
I will probably enter right after that stop loss candlestick right here which will give me about 1 to 2 to 7 rest for the reward so it should be 1 to 2 to 7 be very solid and it will be a perfect counter trend trick so we’re waiting for that so what I like to do is put an alarm over this area here, so I just set the alarm here.
So if the price breaks above that, my notification, and then finally the Canadian dollar we’re at the highs waiting for a break and frankly I’m not even in the mood for this trade it has a lot more than that so yeah, basically summed it up GJ.
Entry on the 30-minute Forex time frame
Maybe we can go in tonight on the 30-minute time frame once we get that break and retest from that level and then break out the CHF to USD and bring it back down just to show you guys right now the account is still sitting at the $3774 price that was just set and for the game.
So let’s see what time we end up entering the London trade tonight bro I feel like forex trading has to eat we should make it more interesting when you win a trade you should people want to see the trades I get big no hell no I got me forex trading I’ll look Like all of you guys straight update we had a little inconvenience one of our doors was locked last night and we are trying to open it.
Trading Forex FA again be careful to profit.
This is for those of you guys who don’t know I’m not the best handyman so this has been pretty much useless we’re having a very fun morning right now it’s currently 9:24 AM as you can see here at 9:24 AM Tuesday 9:24 until tonight Past again fell asleep sorry forex trading fa dude.
Now you want to know what this is full speed trading forex like an ass but I’ve dropped 8 lbs in 2 days don’t eat so I show you how much water we’re going to get I was at 194 and now I’m at 18 like 6 185 market update so far on USD CHF Exactly how I was explaining.
Forex trading put me on Wall Street
I got forex trading put me on Wall Street cuz he put me on Wall Street bro coz this is forex trading getting crazy I’m anticipating every one of these moves forex trading look at this yeah yesterday we had the exact pullback to the area of interest exactly the way I wanted it.
Then I told you guys on the 30-minute time frame we were at this point here I’m like everything is fine we have to wait for this quick break and retest the structure to sell them coz that was the last structure level higher low and then as we continue to create new higher highs Higher lows.
When does a higher-low structure become unprofitable?
This higher lower structure level becomes pretty much irrelevant The next retest structure we want to get is from this point here literally just after the structure and we have a market like this is the last higher lower structure point so we have to wait for a break and retest here but If the market is doing well, this will become a new higher low.
So this becomes irrelevant and we have to wait for a break and retest the level structure under here I hope this makes sense I quite like teaching you guys live now, this is what I do every Sunday with my students when I teach them strategy.
Summary
Back here if you pretty much remove the replay you guys can see that this has become the new higher low this box here is irrelevant now so this is the new higher low where we have to wait for the break and retest and that’s exactly what we did We had a lovely rejection of the area of interest exactly how you explained and then we had the retest and now we have the engulfment so I am looking forward to entering this forex trade.
