Simple Price Action And Market Flow Trading System - page 4

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Usdcad

[attach=config]189406[/attach]

[attach=config]189407[/attach]

Files:
usdcaddaily.png  37 kb
usdcadhourly.png  47 kb
 

The EURUSD and its related pairs are gradually retracing back to our entry area. At this area, we would be looking out for price action set up to confirm our entry. Once we spot any we are good to go. So far, a pin bar have formed on gold's entry area and it is gradually moving up.

 

Price reacted around our area of entry and bounced off in our direction. Take a look at EURUSD, GBPCHF and USDCHF to learn more.

Files:
gbpchflive.png  58 kb
 

This is EURUSD. See how price reacted around our entry area and went down to hit our potential take profit area.

Files:
eurusdlive.png  41 kb
 

Hi Ochuko,

Do you use pivot to determine the support/ resistance and decision for entry and exit?

Please explain further.

Thanks.

best regards,

kc chan

 
kcchan555:
Hi Ochuko,

Do you use pivot to determine the support/ resistance and decision for entry and exit?

Please explain further.

Thanks.

best regards,

kc chan

Hi Kc, I use trendlines,support and resistance only to determine my entry on the hourly time frame.

I would encourage you to read this thread from the beginning to fully understand this simple but profitable system.

 

my oga ochuko, u ar doing a very gr8 job here, pls keep it up.

 
ekojamiu:
my oga ochuko, u ar doing a very gr8 job here, pls keep it up.

Thanks ma brother.

 

Market Flow Set Up for AUDCAD

Market Flow Set Up For EURNZD

Files:
audcaddaily.png  38 kb
audcadhourly.png  43 kb
eurnzddaily.png  38 kb
eurnzdhourly.png  50 kb
 

Market Flow Set Up For GBPCAD

Market Flow Set Up For GBPCHF

Files:
gbpcad_daily.png  45 kb
gbpcad_hourly.png  49 kb
gbpchf_daily.png  39 kb
gbpchfhourly.png  55 kb
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