Recent content by farhang

but is it beginning a new Bull Market? I

hit the stop :(

EURAUD showing a good potential for Buy (see the chart below), but I struggle to find a strong fundamental motive. although tonight we will have some news where can define the direction of this market:

Market took the direction we anticipated, but unfortunately, the stop triggered before the target reached.

New opportunity, ambushing rule: if the market dropped below the previous low, the trace is canceled other wise we looking at the Buy Stop as it showed here:

Buystop USDCHF:

This trade did not activate because the market went below the Stop Loss limit however, I am looking now at another opportunity there. I will hopefully capture the ambush at the right time.

Although the market did not provide me with a trade setup. I kind of became falsely happy that my prediction happened exactly as I depicted it before (falsely because it's not a job of a trader to predict, we only speculate :)

AudJPY opportunity is now getting close to fruition! (if market falls below the previous low the trade is not valid ) r/r=1/3

Opportunity in Apple: if the market breaks the resistance shown, we will have a good buy opportunity (Buystop) (r/r: 1/3!)

Target hit!

Market didnt move towards our forecast! it didnt made any trade set-up either. (we needed a 2 or B wave to be made but market moved up completely and changed direction.

Market moved towards wave 5, although it didnt provide any trade set up

Target hit now:

New Opportunity is now formed CADJPY 15