MatthewCrm

MatthewCrm

Long on US30, candle close above previous higher low - looking for BOS here

MatthewCrm

GBPAUD shorting here due to consolidation that favours the downside, we blasted past my first viewpoint we are heading up to the next, pointed out clearly only thing that has me doubting the position is where the .88 is positioned, for once im above it by far in this scenario - will see what difference it makes the forecast to the right shows a possible longer...

MatthewCrm

Points of Liquidity to be noted on EURAUD to the downside, expecting more downside on EUR - more likely to react off the higher liquidity zone but the lower would catch more people out, looking for confirmation and confluence. The .88 comes into line with the higher liquidity zone hence why i think we're more likely to get there ready for both and confirmation...

MatthewCrm

journalling all trades here, all wins all losses - all thought processes. on this trade im looking at a long due to the higher high and lower high forming - my entry criteria the .88 fib retrace from swing low to high (roughly where my entry is) along with an area of high probability liquidity (the box at entry) the higher high created may have been a stop...

MatthewCrm

Short opportunity on US30, if this liquidity zone isn’t respected then we look for the next liquidity zone on from that - looking for it to respect this area with 3 confluences to support it

MatthewCrm

break of structure on AUDUSD here, we're looking for a significant retrace to last sell candle before the push to break - this area also lines up with the .88 fib retracement level - targetting the 15 minute highs off of this trade - let see how the retracement goes

MatthewCrm

Even though the majority opinion right now is that things are heading down, we are looking at a lower time frame uptrend for eth and have a nice looking entry by way of fib use, trade executed with stop set - let’s see where we go

MatthewCrm

i am looking at this as a grab of liquidity under the lows to induce shorts to then continue long

MatthewCrm Updated 

shorting EURAUD here, .705 fib level, tighter stop loss than normal - took one loss today and its friday, minimum risk.

MatthewCrm

with the recent news pumping the dollar, we see the market volatile, here what im seeing is a break to downside but we've retraced strongly within this range where we have breached the high, ultimately leaving liquidity and high buyers up there. so im targeting the liquidity which is up there and then will look for shorts after we've tapped that, i think we go...

MatthewCrm

GBPUSD short idea - higher time frame downtren, looking at an entry in the fair value gap created on the 5min chart, then further downside, trade idea wrong is we crash to downside (would then be looking at .79 entry during new york is we break fridays lows) but trade idea good is we breach fair value gap close the gap and then continue down to friday lows

MatthewCrm

Think we'll have a last drop for NYC open and then break previous daily highs

MatthewCrm

Been learning OTE - this is a sketch of a perfect one if it was to come to fruition so I'm placing this here to see how it may go, obviously a confirmed break to upside would render this useless but the DXY looks oversold and due a pull back rendering the GBPUSD chart in a bearish trend. that's my thoughts anyway so lets see

MatthewCrm

i have marked each lower low to lower high, we are at a tough spot but also a simple downtrend structure - as we see we have formed a lower low and are currently at our last chance of a lower high, hence the position, a confirmed break and retest of that previous high then we look for longs above the zone.

MatthewCrm

STRUCTURED downtrend, the structure of the daily downtrend would suggest the continuation down we are holding the previous low and testing it as resistance so taking the short based off the rejection there and basing the TP off the channel formed after new low was created but any break of that would be a case of looking at the volume slowing down. entry point has...

MatthewCrm

expecting a pullback to begin with, still holding trend - taking small profits just now from luna but leaving a solid amount in to run

MatthewCrm

a lot of people waiting on the retest of that support down there, if we hold this bounce right now I think we recover from here and don't fill those orders, a lot of TP's are set down there on shorts too. this will play out if we hold and if not then we retest support further down around $51k

MatthewCrm

Eth on a rip, only concern is possible rising wedge formation forming. let's see how we react to the .5 fib - so far so good