This pair is approaching this lower zone on H4. Very wary of the rally and subsequent selling price action that has come in in the last 24 hours on approach. H4 image

USD/JPY Discussion

Looking for continuation price action on the lower time frames at this line drawn on H4. H4 image

Cable Update (GBPUSD)

Partial profit Taking partial profit here. Will switch over to a hourly chart and see if this can turn into a runner. Important, for this plan, that the hourly at least closes above purple here. M5 image

USD/CAD

GBPJPY Revisit Curious to see what happens at this zone on the Daily. Will be anticipating bullish intentions with a break of the lows from 24-July first. Daily image

Dragon Riders GBP/JPY

AUDUSD Slowly evolving Like watching paint dry. Thinking either buying comes in at .7926 or selling at .7915. Looking for a trade at a retest of either scenario should the price action look clean. M15 image

AUD/USD

NZDUSD Flat Quite a flat reaction so far. Will be watching closely on the lower time frames at this zone to see what the intentions are for this pair. H4 image

NZD/USD

I was unable to see any clear signs of bears during my awake hours. During the US session bears did show up but higher than the zone I had identified. Even though there was a short and sharp bear move the follow through has yet to happen. Looking ...

USD/CAD

AUDUSD Retest Looking for a retest at this area of price on the M15 chart. It holds some significance in the recent few days. Price has just hesitated there and then been sold off somewhat cleanly. M15 image

AUD/USD

USDCAD Where to from here? Worth noting this pair has reached the low of the large daily bear candle which formed 12-July. Note the H4 zone which resulted in a sell off from this area. M5 has not shown signs of weakness yet. H4 image M5 image

USD/CAD

EURJPY Scalp idea Interested to see if price heads straight for the prior resistance on M5. Will support form? M5 image

EUR/JPY

GBPUSD Ideas Some strong selling has been observed late last week on Thursday and Friday. Curious spot for price to retrace to on the Weekly and Daily charts, perhaps resistance will become support? Very flat reaction so far on H4, but it is still ...

Cable Update (GBPUSD)

For day trading, what, in your opinion, constitutes a reliable way of exit for profitable trading? 1. Some structual opposite in the time frame you entered. 2. A fixed minimum ratio of reward to risk. With some variability and discretion goven ...

Price Will Tell - Supply/Demand Price Action Trading

USDJPY Range This pair is at an interesting price on the higher time frames; note the Daily chart and marked Support. Looking down to the H4 chart one can observe price reacting here, forming a range for all of last week. Buying comes in but with ...

USD/JPY Discussion

NZDUSD Opportunities It would be interesting to see if demand for NZD could be formed around 0.7370. Potential for price to dip lower into the marked area on H4 at 0.7340. There also is potential to find opportunities to short near 0.7500. Weekly ...

NZD/USD

AUDUSD Any bulls left? Perhaps a revisit to this prior resistance area on the Weekly chart. Support could be found at this Daily area. Weekly image Daily image

AUD/USD

USDCHF Buying The background of USDCHF demonstrated a willingness to buy on the back of a bullish engulfing Weekly candle. Marking up what is only obvious in hindsight. H1 image

Price Will Tell - Supply/Demand Price Action Trading

EURJPY Weekly resistance + H1 supply It was difficult to find a clear cut opportunity to buy on EURJPY. Once price reached an area of interest on the Weekly (131.15) the formation of new supply appeared evident on H1. H1 image

Supply and demand in a nutshell by Alfonso Moreno

GBPAUD Supply This pair made a decent sized moved last week from a H4 supply zone. The zone lined up well with Support and Resistance on the Daily chart. Daily image H4 image

Supply and demand in a nutshell by Alfonso Moreno