Category: Losers

Selling downtrend supply on CADCHF

This might not be the best supply zone, but because of the clear downtrend, I expect price to go further, where my target is placed.

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USDCHF at Supply, I Am Selling

Another trading opportunity I took, this time on USDCHF H4 chart. The supply zone was creating after breaking a strong resistance at 0.9665 and 0.9570, where it retraced because of the rally-base-rally demand, which I did not took, because I did not like the little pause before demand and the fact, that price established a new downtrend on the H4 timeframe. (more…)



Demand Zone at GBPCHF on H4 Timeframe, Buying

This demand zone is a rally-base-rally which caused price to break through the ranging area left to it. Then it created another ranging area right to it. Since there is also daily demand behind, I placed my buy limit. This was a bit deeper in the H4 demand, because there was a “breather” before arrival. (more…)



H4 Demand Zone on EURUSD In Uptrend

Price retraced to demand zone on H4 chart, trend is up and there is enough profit margin until next supply. Limit order placed and filled. (more…)



Buying EURUSD on H4 continuation pattern

This demand zone was more of a continuation pattern (CP) in the form of a rally-base-rally. In this case it did not continue the H4 trend. Probably because the arrival to the zone was not the best, too many bumps. I know that the best probabilities lie at the extremes, that is either rally-base-drop or drop-base-rally. (more…)



Sold EURUSD at supply zone on the daily

The supply zone on the daily was actually not bad, but my “wiggle room” was too small. I often see, that price breaks through distal line (SL + buffer) just hitting 50% of an engulfing bar, which formed here right after creating the supply zone above (see sell limit). (more…)