Tag: short

USDJPY at daily supply, Limit Order triggered

The trend seems to be stable, the drop off from the marked suppy was very strong. Although I do not like the slow arrival, I risked some to enter this trade. (more…)



GBPAUD sold at daily supply

Priced turned at monthly demand zone and rallied retraced back to the area where the imbalance started. Because of the steep arrival I decided to place a limit order, which was triggered. (more…)



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…)



Shorted EURUSD at H4 Supply in Sideways Market

This supply on the EURUSD H4 chart looks pretty decent, the arrival into the drop-base-drop supply zone was good enough to place a limit order at 1.1280 with a stop loss at 1.1340. The target is the support line, which is only a few pips above daily demand zone. (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…)