THESE is how to use my analysis for both swing trades and day trader . On these two analysis . You day trader go to 5 min and look for trade opportunities . And for swing trader u can use this same chart to trade long term but you have to align this with the 4h analysis I sent on Saturday
TODAYS VIP TRADES .... EURUSD GBPUSD USD CAD CONTACT ME @mwakasole to join
Forwarded from elliot wave anlyst
WEEKLY RESULTS
✅EURUSD 22 pip. 1:2 rr
✅USDJPY 35 pips 1:3 rr
✅USDCAD 13 pips. 1:3rr
✅XAUUSD. 120 pips. 1:4 rr
❌GBPUS. 3 pips
❌EUUSD 4 pips
❌EURUSD 9 pip
❌GBPUSD 8 pips
✅EURUSD 22 pip. 1:2 rr
✅USDJPY 35 pips 1:3 rr
✅USDCAD 13 pips. 1:3rr
✅XAUUSD. 120 pips. 1:4 rr
❌GBPUS. 3 pips
❌EUUSD 4 pips
❌EURUSD 9 pip
❌GBPUSD 8 pips
Only three people are left to reach the group maximum number of people .contact me @mwakasole to join. Before we reach 50
We have started a new month and its going to be A great moth as the seasonal tendency of most pair usually start to break out of correction phase during these month... the following are next week potential watch list
AUDUSD 4H .. I strongly think this month price is going to trade bearish as we were correcting at the end of last month as price was forming wave A and B legs of an irregular flat . So from Monday am expecting price to start trading that wave (c) bearish to complete the pattern . This will create a lot of great short for both swing and day trades
Since Bothe of these pairs usually move in a tandem, when you have a situation where they disagree I usually go on with both views but each view will be the alternative count for the other , say if price trades lower on both pair validating one view of AUDUSD and invalidating the NZDUSD count then from the point it does that I will be looking for shorts for both and Vice versa
USDCDA 4H . This pair in my book its still bearish but since we have completed five waves already am expecting it to start correcting on Monday . If in someway it decided to trade against the dollar index then am expecting it to continue bearish as it extends wave (5). But the highest probability move will be bullish correcting
NOTE ; its dangerous and plain stupidity to pick a top on a bullish market if your not an expect . Even I won't start selling immediately I need more confirmation . So don't just start selling on Monday in fact wait for price to break the depth support on wave (4) for high probability shorts
EURUSD ..4H .. I have completely changed my stance on this pair because I think its close to impossible that price will maintain this bullish trend as price is having trouble to break wave (c) high . this mean the pair is straight bearish . my initial view although its of low probability its still valid so its my alternative count . Also unlike GBPUSD where price is still in strong bullish trend ,here price is actually making lower highs creating a DIVERGENCE which is a great signal that price is in fact considering starting to trade lower . So if you have to trade then trade this pair
XAGUSD(SILEVER)... I think we were having trouble to have a clear picture to count the initial bullish trend because price was trading a leading diagonal , if that was the case then last two week price was correcting that diagonal wave and since we have started the bullish move that means we have started the continuation of that bullish diagonal move . Look for buying opportunities next week