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.