Farhang Trading Journal

[farhang]

Hi All, I am a fan of price action, Wave theory and fractal behaviour in the market. Here I am going to share the trade opportunities that I observe on a weekly basis:
First one:
Do you see what I see:

 

[farhang]

Another opportunity: awaiting for a lower degree 1 and 2 wave to enable the trade set-up

 

[farhang]

Great opportunity for the trade set-up here:

 

[farhang]

I keep my eye open on GBPJPY:

 

[farhang]

Short term GBP might go up, just found this on GBPNZD:

 

[farhang]

Just a bit on the stock: the first graph is the daily graph of the Netflix indicating why it might be Bearish for the video screening company. 2nd chart is a potential trade set-up:

2nd chart:

 

[farhang]

great set-up opportunity is now emerging on Nvidia:

 

[farhang]

We missed the initial opportunity on Spotify, but it looks like we still can catch it if the flag appears satisfying 🙂

 

[farhang]

Another opportunity: awaiting for a lower degree 1 and 2 wave to enable the trade set-upView attachment 343620

The Market moved towards the target:

 

[farhang]

Great opportunity for the trade set-up here:
View attachment 343621

This one as well moved towards the target, the Stop trailed,

 

[farhang]

Other variations are still not active, some have been cancelled, and someare still in potential mode
New opportunity is being made on USDHUF: if the market unfolds a correction, the trade set-up can be considered. (two points: Volume confirming, and the higher degree of the market is also support the direction!)

 

[farhang]

New Opportunity is now formed CADJPY 15

 

[farhang]

This one as well moved towards the target, the Stop trailed,
View attachment 343647

Target hit now:

 

[farhang]

Short term GBP might go up, just found this on GBPNZD: View attachment 343623

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

 

[farhang]

Other variations are still not active, some have been cancelled, and someare still in potential mode
New opportunity is being made on USDHUF: if the market unfolds a correction, the trade set-up can be considered. (two points: Volume confirming, and the higher degree of the market is also support the direction!)
View attachment 343648

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.

 

[farhang]

New Opportunity is now formed CADJPY 15View attachment 343654

Target hit!

 

[farhang]

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