Analysis of The Market - GBPJPY (11th March 2018)

Bismillah.
Salam and Good Evening.

Hope everyone is able to have a good rest!

Im just gonna make it short.

As we know,
1.Weekly closed below BB line which indicates Momentum Sell

This is going to be tricky too.
2. H4 candle closed ABOVE BB line which indicates Momentum Buy.

TimeFrame H1

1. Why Bullish?
a. H4 closed above BB Line.
b. Price moved above TP2.

2. Why Bearish?
1. If H1 manage to break CB1 for a pullback or continues UP

Hence the 1 - 2 movement or the ABC movement.

Let's see what do they have for us tomorrow :)

Jazakallah! Alhamdulillah

SalamTrader

Riding the Bands for Next Week (12th March - 16th March 2018)

Bismillah.
Salam and a very good Saturday.

Let's prepare for next week. Which potential pairrrrrr to look forward too?

Weekly
1. GBPJPY (Sell; Last 2 weeks) But be careful as it is a stagnant BB band. Will need to look at the smaller TF.
2. AUDJPY (Sell; Last 2 weeks)
3. EURJPY (Sell; Last 2 weeks)
4. USDJPY (Sell; Last 2 weeks)

Daily
1. USDCHF (Buy; Last 2 days)

H4
1. AUDUSD (Buy, Last 2 candles)
2. GBPJPY (Buy; Last 3 candles)
3. AUDJPY (Buy; Last 3 candles)
4. NZDJPY (Buy; Last 3 candles)
5. USDJPY (Buy; Last 3 candles)
6. USDCAD (Sell; Present Candle)
7. EURGBP (Sell; Last 3 candles)

H1
1. USDCAD (Sell; Last 2 candles)

And that's it.

A lot of analysis to do eh? Its okay. Its my learning curve to be better. In shaa Allah.

These are the potential pairs of next week. But it can change. Macam ombak / main layang2 lak.

Till next time.

Alhamdulillah!

SalamTrader.

Review EURUSD 8th March 2018 Analysis

Bismillah.
Salam and Good Evening.

Alhamdulillah ada time nak update analysis 8th March 2018 hari tu.

Tak sempat nak buka chart sgt from that day... takpe takde rezeki.

Nak cakap tentang rezeki. Kenapa and lain2? Tak perlu lah nak persoal Allah punya bidang kuasa.
Ada, ada. Takde, cari la lain. Kalau kita persoal, kita yang gila nanti. Jadi berserah lah kepadaNya.
In Shaa Allah dipermudahkan. Aminn

eh byk lak bercakap kan? hahaha sorry!

So let's see what's up with EURUSD.

The link for the analysis before. https://aotmbysalamtrader.blogspot.my/2018/03/analysis-of-market-eurusd-8th-march-2018.html

Next Action Previously:

Next Action:
1. Check at the Sell area after breaking CB1 at a smaller timeframe to see a reaction. If theres CB1 break, could be the market will go short. 
2. IF theres no setup, wait at the TP2/ TP3 area which is also the B area for H4. Remember A-B-C?
Market moves like ABC.
3. If the market goes UP, it follows the rule of Reentry in H4, theres no CB1 there. IF it breaks TP3, then the market will go short

Let see H1!

Time Frame H1

1. Reaction at the previously marked sell area. (Number 1)
2. The market go short to TP3
3. Lets see the smaller timeframe than H1. M30 or M15 and i am trying to follow what ive instructed myself on the 8th March.

Time Frame M30

1. Check whether there is reaction to the market. Well, duh~ of course ada... okay then theres MMT
then another pushup then MMT and BREAK TP1
2. To tell you the truth if i entered this market, i might trigger my SL or BE (kalau emosi kuat la BE hahah). There's high volatility ada news la ni.
3. To make sure that we are still in the market. Once the TP1 is broken, high possibility the market will go short till TP 2 and if it breaks TP2 it will move to TP3.
4. But you better cut loss if it closed above the base zone!
5. And it didnt, now the price is at TP3. It breaks the CB1 of H4.

SO where will the market GO???

Next Step:
1. Watch H1 because theres broken CB1 (Buy) Maybe for H4 retracement? But theres no divergence ya.... confusing betul.
2. Im still leaning towards sell. But lets see hows the market will react yaaa.

Why sell?
1. EL1 daily broken
2. H4 no CB1 for buy.
3. Price went down and broken the TP2
3. If H1 CB1 is valid, check at CB1 H4 (find ABC in dominant or ABC area)


Thats just my idea. Share me yours!
Trade at your own risk (TAYOR)

Semoga Dia permudahkan segalanya!
Aminnnnn

Best Regards,
SalamTrader

Analysis of The Market - EURUSD (8th March 2018)

Bismillah.
Salam and good morning :)

Its has been a great period. Struggling to find time to update the blog and movement.

Lets get straight to the point.

https://aotmbysalamtrader.blogspot.my/2018/02/analysis-of-market-eurusd-20th-february.html

Based on that previous post.

Daily Time Frame

1. Daily Breaks the previous lower point. Opps didnt break EL1 Daily.
2. Will need to be very careful because the market might do ABCDE pattern.

So lets go to the smaller timeframe.

H4 Time Frame

1. The market went down breaking CB1 and creates the ABC movement.
2. B area is highlighted in green which signifies the supply area / Resistance area. I dont mind. I sure there are differences. But its just my understanding (which can be flawed! so please correct me)
3. So the price went up breaking the CB1. And the price reached the TP2. NOT BREAKING the supply area and TP2 area. Interesting? WHY? because now i dont know which way?

H1 Time Frame

1. Wave 3 - 4 - 5 could be done why?
2. CB1 has been broken.

Next Action:
1. Check at the Sell area after breaking CB1 at a smaller timeframe to see a reaction. If theres CB1 break, could be the market will go short.
2. IF theres no setup, wait at the TP2/ TP3 area which is also the B area for H4. Remember A-B-C?
Market moves like ABC.
3. If the market goes UP, it follows the rule of Reentry in H4, theres no CB1 there. IF it breaks TP3, then the market will go short.

Lets wait and see.

Wallahu.

SalamTrader.

Ride The BB

Bismillah.
Salam and a very Good Afternoon to all.

Still trying to adjust my time to do analysis on the weekends.

Let's do this.
I will focus only on MN,WK, Daily and H4 time frame.

Month and Weekly
EURUSD: MN, WK (Retracement?)
GBPUSD: MN, WK (Buy)
AUDJPY: WK (Sell)
USDCHF: MN, WK (Sell)

Daily And H4
NZDJPY: H4 (Sell) But be careful, if next week the candle could break the CB1.
EURJPY: H4 (Sell) same as above. Be careful.


Well this is the only pairs that look trending.

EU and USDCHF are still unclear whether we can enter the short position. Lets wait for H4 or Daily to close momentum to be synchronized with the bigger TF.

Till we meet again.

Salam!

SalamTrader.

Analysis of The Market - USDCHF (20th February 2018)

Bismillah.
Salam And Good Morning (yeah late morning)

Anyhow, lets have a look at USDCHF...
The least pair ive traded on. But just because the monthly momentum sell is there (its candle closed beyond the lower band)

My focus is Sell. But the market said otherwise. Retail trader wont have a say in how the market moves. Market mover is just too big in amount for retail trader to move the market. So, lets learn to find a point to move with them.... My weakness.... i could not catch the 3rd wave...

So!
Weekly TF

This is how the Weekly TF looks like... CS Closed outside of the BB. Try and check out Monthly Timeframe... Waau!

Daily TF

Daily is making its move (dancing).. RT? Wallahua'llam. The best is to just go with the flow~

H4 TF

H4 STILL have buy momentum! how do i know... CS closed outside of the BB.
Plus, CB1 has broken.. H4 is at TP2. Actually, ive managed to get a few pips here. Reached my TP (take profit) Buy of course.

Remember that this week's news, USD will be making a play! Could they spike to TP3?

Lets wait and see. Remember to follow the trend/flow. Still bullish.

Short Term: Bullish. Caution with MA100, TP2 and Elliot Wave smaller TF.
Long Term; i still have to say that it is bearish.


Till next time! Trade at your own risk!

Cheers!
Best Regards,
SalamTrader.

Analysis of The Market - EURUSD (20th February 2018)

Bismillah.
Salam and Hope everyone is well.

Let's have a look at EURUSD.
We knew that Monthly, Weekly and H4 Timeframe is/were closed outside the Upper Bollinger Band. (BB).

So whatever movement the market is doing is just a retracement (?) I think lah! hahaha

Where would be the zones to monitor whether the market will be pushing upwards back again?
Remember, NOTE TO MYSELF TOO! Have to have clear setup that the market will rally.

Still In selling mood. So place your position well till the TP2 Zone.

Doesnt look like the market will be rallying up anytime soon. Why?
Because the bigger TF is abit confusing.....

1. Didnt break the highest point of Daily. BUT! got CB1 has been broken.
2. The market has reach the end of wave 3? and now correction wave is in motion? ABC? or ABCDE??

It could be making a lower C. Regular FLATS OR??

or Triangles.

Here's a picture note about Eliott Wave

Hanyalah sekadar pandangan demo acccount (LAGI) sahaja.....

Jazakallah!
SalamTrader