Tag: Swing Failure

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Forex Signals

USDJPY Swing Failure BUY

Flow Assessment

  • Sellers have tried with high volatility to create a lower low and failed, suggesting that a higher price may be needed

Location Assessment

  • Next set of liquidity for H1 sellers (aqua line) are still higher up, thus giving space for the buys, especially after buyers have halted seller progress in this swing

Momentum Assessment

  • On M15, price has initiated an up-flow with higher high and higher low. We look to trade the buys after the 1st sign of a strong buyer
Categories
Forex Signals

EURGBP Swing Failure SELL

Flow Assessment

  • Price has reacted off a monthly sellers area and has been grinding down slowly.
  • The sellers have been maintaining market structure as there has been no higher high by the buyers.
  • The sellers have been making progress by making lower lows

Location Assessment

  • Price has reacted of a H1 sellers area
  • We are trading based on the buyers’ continued inability to make a higher high

Momentum Assessment

  • We waited for a 2nd attempt of buyers to see if they can push and make a higher high
  • When this 2nd attempt too failed; instead sellers made a lower high, this confirmed to us that the sellers are firmly in control, hence we can join them to trade down to the daily lows
  • In some cases, profit targets may be extended to the weekly lows
Categories
Forex Signals

USDJPY Swing Failure SELL

Location Assessment

  • Price has reached the H4 seller’s area for the first time and the overall daily flow (purple line in picture) is downwards
  • This makes us interested for sells

Flow Assessment

  • The overall daily flow is downwards and importantly, the move back up to the H4 sellers area is coming in multiple pushes, indicating that this is not a fresh trend swing
  • Hence, we maintain our overall sell bias

Momentum Assessment

  • We wait for signs of sellers showing interest at the H4 seller area via evidence of lower highs (LHs)
  • To be able to have smaller SL and better risk-reward, we wait for more confirmation via 2LHs first, then enter the trade with SL above the last LH
  • For targets, we simply look at the equal low marked by the weekly support (in yellow)
Categories
Forex Signals

NZDUSD Swing Failure SELL

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Forex Signals

GBPUSD Swing Failure BUY

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Forex Signals

USDCAD Swing Failure BUY

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Forex Signals

EURCAD Swing Failure BUY

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Forex Signals

EURNZD Swing Failure BUY

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Forex Signals

EURCAD Swing Failure SELL

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Forex Signals

GBPUSD Swing Failure Sell

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Forex Signals

USDJPY Swing Failure Buy

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Forex Signals

USDJPY Swing Failure Buy

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Forex Signals

CADJPY Swing Failure Sell

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Forex Signals

GBPNZD Swing Failure Sell

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Forex Signals

USDJPY Swing Failure Sell

Flow Assessment

Buyers slowing down at a key sell area on H4.

Location Assessment

Price is close to H4 sellers area and buyers are not breaking through.

Momentum Assessment

Buyers are showing signs of failure on the 2nd try to make a higher high.

Entry Price – Sell 105.611

Stop Loss – 105.945

Take Profit – 104.400

Risk to Reward – 1:3.63

Profit & Loss Per Standard Lot = -$315.7/ +$1145

Profit & Loss Per Micro Lot = -$31.57/ +$114.50

Fellas, now you can check out forex trading signals via Forex Academy mobile app. Follow the links below.

iPhone Users: https://apps.apple.com/es/app/fasignals/id1521281368

Andriod Users: https://play.google.com/store/apps/details?id=academy.forex.thesignal&hl=en_US

 

Categories
Forex Signals

USDJPY Swing Failure Sell

Flow Assessment

Buyers slowing down at a key sell area on H4.

Location Assessment

Price is close to H4 sellers area and buyers are not breaking through.

Momentum Assessment

Buyers are showing signs of failure on the 2nd try to make a higher high.

Entry Price – Sell 105.611

Stop Loss – 105.945

Take Profit – 104.400

Risk to Reward – 1:3.63

Profit & Loss Per Standard Lot = -$315.7/ +$1145

Profit & Loss Per Micro Lot = -$31.57/ +$114.50

Fellas, now you can check out forex trading signals via Forex Academy mobile app. Follow the links below.

iPhone Users: https://apps.apple.com/es/app/fasignals/id1521281368

Andriod Users: https://play.google.com/store/apps/details?id=academy.forex.thesignal&hl=en_US

Categories
Forex Signals

GBPNZD Swing Failure Sell

Flow Assessment

  • In the range shown in the picture, the overall flow is leaning down because sellers have broken a recent low and the buyers are coming back up in a slower fashion

Location Assessment

  • Price is right at the key seller area where the origin of the push that created a new low happened, thus giving us the right to look for sells when the buys fail

Momentum Assessment

  • We do not trade on the 1st seller reaction as the buyers may defend the nearest support strongly and continue making higher highs in their journey
  • When there were lower timeframe signs of rejection for the sellers, we got an indication that sellers may be acting around that area, thus creating an entry trigger.

Note: This is an aggressive entry, 25% of your usual position’s risk can be used. Later, we can add remaining size to the trade once we get more signs that the sells are going to work.

Entry Price – Sell 1.95521

Stop Loss – 1.96001

Take Profit – 1.94171

Risk to Reward – 1:2.81

Profit & Loss Per Standard Lot = -$319/ +$899

Profit & Loss Per Micro Lot = -$31.9/ +$89.9

Fellas, now you can check out forex trading signals via Forex Academy mobile app. Follow the links below.

iPhone Users: https://apps.apple.com/es/app/fasignals/id1521281368

Andriod Users: https://play.google.com/store/apps/details?id=academy.forex.thesignal&hl=en_US