Forex Daily

[stoploss]

Hi Wiz , have taken a position short NZD Long AUD . After latest MPS I see room for rate cuts in NZ sooner than Australia .

[wizAlvin]

weekend
TRADE Scan on 3 brokers at end week :: PFD : Switch Markets : MT4 and GO : MT5

PLEASE NOTE : This is MY observation of pairs highlighted by my pinbar and engulfing indicator and not an explanation of any trade - JUST OBSERVATIONS
MY Forex Google Share Folder
https://drive.google.com/drive/folders/1yfcaMi1GbMbSBEdV1G75hQdngFoFDyrh


FROM MY PINBAR and ENGULFING INDICATOR on the three brokers ::
AUDCAD, AUDJPY, AUDUSD, CADCHF, EURGBP, EURUSD, NZDCAD, NZDUSD, USDCHF, USDJPY, USDCNH, RIPUSD


2024.03.01 : (weekend),AUDCAD, outside & engulfing , high = 0.88555, low = 0.88082
green outside & engulfing candle – move back up to a significant level and top of the descending channel downward trend / move – possible low TF range trade at prior consolidation area – so watch for a break, close and retest – also consider the possibility of a high TF bull flag


2024.03.01 : (weekend),AUDUSD, engulfing ,
green body engulfing candle – move back up to a significant level from the lower level reversing the prior pimbar – trend change possible


2024.03.01 : (weekend),AUDJPY, engulfing , high = 98.083, low = 97.371
green body engulfing candle – move up through a significant level – possible pullback at a strong level


2024.03.01 : (weekend),CADCHF, Pinbar , high = 0.65395, low = 0.65102
red pinbar candle – rejection of a move up above the top of the descending channel downward trend / move following the big move up across it – consider the possibility of a first failed break up of a bull flag


2024.03.01 : (weekend),EURGBP, engulfing , high = 0.85759, low = 0.85535
green body engulfing candle – move up to and small pull back from a significant level – possible basining bottom and trend change ascending wedge


2024.03.01 : (weekend),EURUSD, engulfing , high = 1.08433, low = 1.07982
green outside candle – move back up to a significant level and possible top of a possible forming descending channel – with the former greater downward trend – also consider the possibility of a high TF bull flag


2024.03.01 : (weekend),NZDCAD, outside, high = 0.82924, low = 0.8233
green outside candle – gap up - back up to a significant level top of a prior consolidation area


2024.03.01 : (weekend),NZDUSD, outside & engulfing , high = 0.61121, low = 0.60735
green outside & engulfing candle – gap up – move back up to a level and center of a prior consolidation area


2024.03.01 : (weekend),USDCHF, Pinbar , high = 0.88929, low = 0.88294
red pinbar candle – rejection of a move up above the top of a consolidation area following the big move up across it and break up from it


2024.03.01 : (weekend),USDJPY, Pinbar , high = 150.722, low = 149.915
green pinbar candle – stalling - rejection of a move up away from a consolidation area - following the trend up to here




2024.03.01 : (weekend),USDCNH, Pinbar , high = 7.21543, low = 7.20593
green pinbar candle – stalling - rejection of a move up away from a level – wedging - stalling


2024.03.01 : (weekend),RIPUSD, Pinbar ,
green pinbar candle – indicating continued whipsawing action upward




GOOD PIPPING



Old Jungle saying : The Phantom’s cold fury chills even tigers blood.

[wizAlvin]

Hi Wiz , have taken a position short NZD Long AUD . After latest MPS I see room for rate cuts in NZ sooner than Australia .

AUDNZD
second daily rejection from significant level 1.07034 (go markets) 1.07056 (4 Hr PFD ) 1.07117 (day PFD ) 1.07140 (day switch markets) indicates a very strong level to be broken. I use the Break, Close, and Retest of a level before entering. I have little understanding of fundamentals and those effects. Therefore i consider that it is possible for the price to reject down for a range trade 1.07 / 1.059. i note the gap up NZDCAD, NZDJPY, NZDUSD following the rate change announcement for increased NZ strength, indicating the possibility for the AUDNZD range trade down or pull back – such as a move back down across a 1 hour AUDNZD up channel – to 1.0667 a significant level.
Good pipping

beware the beginning of week huge spread on week start.

[wizAlvin]

5th
TRADE Scan on 3 brokers at end of DAY / beginning of DAY :: PFD : Switch Markets : MT4 and GO : MT5
PLEASE NOTE : This is MY observation of pairs highlighted by my pinbar and engulfing indicator and not an explanation of any trade - JUST OBSERVATIONS
MY Forex Google Share Folder
https://drive.google.com/drive/folders/1yfcaMi1GbMbSBEdV1G75hQdngFoFDyrh


FROM MY PINBAR and ENGULFING INDICATOR on the three brokers ::
AUDNZD, CADCHF, EURAUD, EURGBP,EURNZD, GBPAUD, GBPNZD, USDCAD, USDCNH,




2024.03.05,AUDNZD, Pinbar ,
red pinbar candle – stalling - rejection move down to a level – possible wedging – stalling


2024.03.05,CADCHF, engulfing , high = 0.65297, low = 0.64931
green body engulfing indecision candle – rejection of a move away from a significant level - atop of the descending channel downward trend / move following the big move up across it


2024.03.05,EURAUD, engulfing , high = 1.6681300000000001, low = 1.65866
green body engulfing indecision candle – move back up to a significant level – in a consolidation area / channel - move across it


2024.03.05,EURGBP, Pinbar , high = 0.85665, low = 0.85503
red pinbar candle – stalling - rejection move down to a level base of a consolidation area / channel– possible wedging – stalling


2024.03.05,EURNZD, engulfing , high = 1.78225, low = 1.7722799999999999
green body engulfing candle – move back up to a significant level – in a consolidation area / channel - move across it


2024.03.05,GBPAUD, engulfing , high = 1.94997, low = 1.93747
green body engulfing candle – move back up to a significant level – in a consolidation area / channel - move across it – possible multiple top


2024.03.05,GBPNZD, engulfing , high = 2.08334, low = 2.06769
green body engulfing candle – move back up to a significant level – in a consolidation area / channel - move across it


2024.03.05,USDCAD, engulfing , high = 1.35839, low = 1.35455
green body engulfing candle – move back up to a significant level – in a small consolidation wedge - move across it


2024.03.05,USDCNH, engulfing ,
small green pinbar candle – stalling - rejection of a move up away from a level – wedging – stalling


2024.03.05,US30, Pinbar ,
red engulfing candle – stalling - rejection of a move up away from a level – wedging – stalling




GOOD PIPPING



Old Jungle saying : You never find the Phantom, he finds you.

[wizAlvin]

6th
TRADE Scan on 3 brokers at end of DAY / beginning of DAY :: PFD : Switch Markets : MT4 and GO : MT5
PLEASE NOTE : This is MY observation of pairs highlighted by my pinbar and engulfing indicator and not an explanation of any trade - JUST OBSERVATIONS
MY Forex Google Share Folder
https://drive.google.com/drive/folders/1yfcaMi1GbMbSBEdV1G75hQdngFoFDyrh


FROM MY PINBAR and ENGULFING INDICATOR on the three brokers ::
AUDJPY, CADCHF, CADJPY, EURUSD, GBPCHF, NZDCAD, USDSGD, USDCNH, BTCUSD, ETHUSD, RIPUSD






2024.03.06,AUDJPY, engulfing , high = 97.987, low = 97.427
red body engulfing candle – rejection of a move up, back down to a significant level -




2024.03.06,CADCHF, engulfing , high = 0.65261, low = 0.64943
red body engulfing candle – rejection of a move up from the down channel, back down to a significant level – base of the prior consolidation area


2024.03.06,CADJPY, engulfing , high = 110.894, low = 110.18
red body engulfing candle – rejection of a move up froma significant level, back down to that significant level – top of a prior consolidation area


2024.03.06,EURUSD, Pinbar ,
green pinbar candle – stalled at a significant level – in an ascending wedge


2024.03.06,GBPCHF, Pinbar ,
green pinbar candle – stalled at a weekly ( significant ) level – top of an up trend – stalling with the indication of a reversal – possible ( but not as clear as i would like ) naked trade down from a level


2024.03.06,NZDCAD, outside & engulfing , high = 0.8283, low = 0.82524
green outside & engulfing candle – stalled at a significant level – stall in an consolidation area


2024.03.06,USDSGD, Pinbar ,
green pinbar candle – stalled at a significant level – base of a descending wedge


2024.03.06,USDCNH, outside, high = 7.21374, low = 7.20576
green outside indecision candle – stalled a level – in a wedge pattern


BTCUSD, ETHUSD, LTCUSD, RIPUSD – note – Large wipsaw action


2024.03.06,BTCUSD,
large red outside candle – indecision and reversal at significant level and price high – weekly indecision candle


2024.03.06,ETHUSD,
large red outside indecision candle – indecision and reversal at significant level – weekly indecision candle


2024.03.06,RIPUSD
large red outside indecision type candle – strong reversal from significant level and gap close – weekly indecision candle




GOOD PIPPING



Old Jungle saying : Phantom moves silently as fog.

[wizAlvin]

8th
TRADE Scan on 3 brokers at end of DAY / beginning of DAY :: PFD : Switch Markets : MT4 and GO : MT5
PLEASE NOTE : This is MY observation of pairs highlighted by my pinbar and engulfing indicator and not an explanation of any trade - JUST OBSERVATIONS
MY Forex Google Share Folder
https://drive.google.com/drive/folders/1yfcaMi1GbMbSBEdV1G75hQdngFoFDyrh


FROM MY PINBAR and ENGULFING INDICATOR on the three brokers ::
AUDJPY, CADJPY, EURCAD, EURCHF, EURJPY, NZDJPY, US30, BRENT, WTI, RIPUSD,




2024.03.08,AUDJPY, Pinbar , high = 98.077, low = 97.434
red pinbar candle – rejection of a move down, back down to a significant level – consolidating - stalling


2024.03.08,CADJPY, engulfing , high = 110.51, low = 109.382
red body engulfing candle – move down in a down trend channel with a rejection of a move through a significant level back to the significant level


2024.03.08,EURCAD, Pinbar , high = 1.47404, low = 1.46582
green pinbar candle – rejection of a move down, back down to a significant level – stalling


2024.03.08,EURCHF, Pinbar , high = 0.96194, low = 0.95585
green pinbar candle – rejection of a move down, back down to a significant level – stalling – diamond like indecision pattern


2024.03.08,NZDJPY, Pinbar , high = 91.558, low = 90.947
red pinbar candle – rejection of a move down, back down to a significant level – stalling – in a wedging indecision pattern


2024.03.08,WS30, outside
green outside indecision type candle - consolidating – stalling at a significant level




2024.03.08, BRENT, pinbar ,
green pinbar candle – rejection of a move down, back up to the top of a consolidation area and a significant level – stalling


2024.03.08, WTI, pinbar
green pinbar candle – rejection of a move down, back up to the top of a consolidation area and a significant level – stalling


2024.03.08, RIPUSD, pinbar ,
big small body green pinbar candle – move up - rejection of a move down, back up to the possible top of a consolidation area and a level – possibly stalling


btcusd, ethusd, ltcusd - stalling




GOOD PIPPING



Old Jungle saying : When Phantom moves, time stands still.

[wizAlvin]

9th
TRADE Scan on 3 brokers at end of week :: PFD : Switch Markets : MT4 and GO : MT5

PLEASE NOTE : This is MY observation of pairs highlighted by my pinbar and engulfing indicator and not an explanation of any trade - JUST OBSERVATIONS
MY Forex Google Share Folder
https://drive.google.com/drive/folders/1yfcaMi1GbMbSBEdV1G75hQdngFoFDyrh


FROM MY PINBAR and ENGULFING INDICATOR on the three brokers ::
AUDJPY, AUDUSD, EURCHF,GBPAUD, GBPCHF , GBPNZD, NZDUSD, USDCHF, USDCNH, XAGUSD, BRENT, WTI, LTCUSD,




2024.03.08 : (weekend),AUDJPY, outside, high = 98.152, low = 97.273
red body engulfing candle – move down in a consolidation area - a rejection of the prior pinbar across the consolidation area


2024.03.08 : (weekend),AUDUSD, Pinbar , high = 0.66676, low = 0.6613
green pinbar candle – rejection of a move up, stalling back down at a significant level – top of a consolidation area


2024.03.08 : (weekend),EURCHF, Pinbar , high = 0.96085, low = 0.9575
second green pinbar candle – rejection of a move down, stalling back at a significant level – stalling – diamond like indecision pattern


2024.03.08 : (weekend),GBPAUD, engulfing ,
green body engulfing candle – move back up to a significant level back to the significant level from the 50ema


2024.03.08 : (weekend),GBPCHF, engulfing ,
green body engulfing candle – move up to a significant level - up from the ascending ema’s in order


2024.03.08 : (weekend),GBPNZD, engulfing , high = 2.08228, low = 2.07128
green body engulfing candle – move up to a possible diamond indecision pattern – followingonfromthe long wicked prior candle in a manner similar to jan 26^th 2024


2024.03.08 : (weekend),NZDUSD, Pinbar , high = 0.62169, low = 0.61613
green pinbar candle – rejection of a move up – rejection from a significant level in a similar manner to a naked trade but without there being a trend - top of a consolidation area – possible range trade


2024.03.08 : (weekend),USDCHF, Pinbar , high = 0.87827, low = 0.87297
green pinbar candle – rejection of a move down – rejection at a significant level -base of a consolidation area – possible range trade


2024.03.08 : (weekend),USDCNH, Pinbar , high = 7.2036999999999995, low = 7.18466
red pinbar candle – rejection of a move down – rejection at a significant level -base of a consolidation area and possible descending wedge


2024.03.08 : (weekend),ws30 and XAGUSD, indecision candles


2024.03.08 : (weekend)XAUUSD, continued up to highest ever price with pull back at the end of week


2024.03.08 : (weekend),BRENT, outside & engulfing
red outside & engulfing candle – move down across a consolidation area to a significant level and base of the consolidation area


2024.03.08 : (weekend),WTI, outside
red outside candle – move down across a consolidation area to a significant level and base of the consolidation area


2024.03.08 : (weekend),LTCUSD, pinbar
red pinbar candle – rejection of a move down – stalling at a significant level -in a messy consolidation area atop an up channel










GOOD PIPPING



Old Jungle saying : To look upon the Phantom’s face means death.

[wizAlvin]

TRADE Scan on 3 brokers at end of DAY / beginning of DAY :: PFD : Switch Markets : MT4 and GO : MT5
PLEASE NOTE : This is MY observation of pairs highlighted by my pinbar and engulfing indicator and not an explanation of any trade - JUST OBSERVATIONS
MY Forex Google Share Folder
https://drive.google.com/drive/folders/1yfcaMi1GbMbSBEdV1G75hQdngFoFDyrh


FROM MY PINBAR and ENGULFING INDICATOR on the three brokers ::
CADJPY, US30, USDCAD, LTCUSD, RIPUSD




2024.03.12,CADJPY, pinbar
small red pinbar candle – rejection of a move down – stalling at a significant level in a down trend


2024.03.12,WS30, Pinbar , high = 38809.83, low = 38487.33
green pinbar candle – rejection of a move down – stalled at a significant level -consolidation wedge


2024.03.12,USDCAD, pinbar
small green pinbar candle – rejection of a move up – stalled at a significant level -stalling wedge ?


2024.03.12,LTCUSD – outside & engulfing
large green outside & engulfing candle – huge move up to a significant high timeframe level - wedge break out up


2024.03.12,RIPUSD – outside & engulfing
large green outside & engulfing candle – huge move up to a significant high timeframe level - wedge break out up


XAUUSD XAGUSD– stalling following a big move up


OIL - stalling – consolidating


crypto – moving up




GOOD PIPPING



Old Jungle saying : Phantom moves silently as a cat.

[wizAlvin]

13th
TRADE Scan on 3 brokers at end of DAY / beginning of DAY :: PFD : Switch Markets : MT4 and GO : MT5
PLEASE NOTE : This is MY observation of pairs highlighted by my pinbar and engulfing indicator and not an explanation of any trade - JUST OBSERVATIONS
MY Forex Google Share Folder
https://drive.google.com/drive/folders/1yfcaMi1GbMbSBEdV1G75hQdngFoFDyrh


FROM MY PINBAR and ENGULFING INDICATOR on the three brokers ::
AUDCAD, AUDJPY, AUDUSD, CHFJPY, GBPAUD, GBPSGD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, XAGUSD,


2024.03.13,AUDCAD, outside, high = 0.89426, low = 0.88834
green outside indecision candle – stalled at a significant level – possible forming wedge


2024.03.13,AUDJPY, engulfing , high = 97.698, low = 97.008
green outside candle – move up to / through a significant level – possible forming consolidation in a down trend


2024.03.13,AUDUSD, outside, high = 0.66388, low = 0.65844
red outside indecision candle – possibly stalling at a significant level in a possible forming naked trade down trend reversal – or – Bull flag forming at the significant level


2024.03.13,CHFJPY, engulfing , high = 168.505, low = 167.089
green body engulfing candle – move up to a significant level – possible forming propulsion trade down in a down trend – uncertainty following an indecision candle - possible forming naked trade up / trend reversal


2024.03.13,GBPAUD, Pinbar , high = 1.9393500000000001, low = 1.92863
red pinbar candle – rejection of a move down – stalling at a significant level in a wedge / diamond indecision pattern


2024.03.13,NZDCHF, engulfing , high = 0.5418, low = 0.53893
red body engulfing candle – move down to a significant level – possible forming down channel – possible forming wedge indecision pattern




2024.03.13,NZDJPY, engulfing , high = 91.055, low = 90.446
green body engulfing candle – move up from a significant level – possible forming naked trade up / trend reversal - possible forming propulsion trade down in a down trend - possible forming consolidation – no clear indication – long wick


2024.03.13,NZDUSD, outside, high = 0.61847, low = 0.6131
red outside indecision type candle – possibly stalling at a significant level – possible range trade – moving down from a pinbar reversal indication


2024.03.13,USDCAD, outside, high = 1.35257, low = 1.34667
small green outside indecision type candle – possibly stalling at a significant level – small move up


2024.03.13,USDCHF, outside, high = 0.8795, low = 0.87473
small green outside indecision type candle – stalling at a significant level


2024.03.13,USDJPY, engulfing , high = 148.164, low = 146.621
green body engulfing candle – move up from a significant level – possible forming naked trade up / trend reversal - possible forming propulsion trade down in a down trend - possible forming consolidation – no clear indication – wicks in both directions – unclear


2024.03.13,USDSGD, engulfing ,
green body engulfing candle – move up from a level – possible forming trade up / trend reversal - possible forming propulsion trade down in a down trend - possible forming consolidation – no clear indication – wicks in both directions – unclear


2024.03.13,XAUUSD, engulfing ,
green outside indecision candle – stalled at a significant level – in a down trend – wide down channel


2024.03.13,XAGUSD, outside, high = 24.675, low = 23.999
big red outside indecision type candle – stalled and moved down from a significant level – top of an up trend / channel




GOOD PIPPING



Old Jungle saying : No man can refuse the voice of the Phantom.

[wizAlvin]

14th
TRADE Scan on 3 brokers at end of DAY / beginning of DAY :: PFD : Switch Markets : MT4 and GO : MT5
PLEASE NOTE : This is MY observation of pairs highlighted by my pinbar and engulfing indicator and not an explanation of any trade - JUST OBSERVATIONS
MY Forex Google Share Folder
https://drive.google.com/drive/folders/1yfcaMi1GbMbSBEdV1G75hQdngFoFDyrh


FROM MY PINBAR and ENGULFING INDICATOR on the three brokers ::
AUDCAD, AUDCHF, AUDUSD, CADCHF, EURNZD, GBPCHF, USDCAD, USDCHF, USDCNH, XAGUSD,


2024.03.14,AUDCAD, engulfing , high = 0.89323, low = 0.88995
green engulfing candle – stalling at a significant level – wedging


2024.03.14,AUDCHF, engulfing , high = 0.58202, low = 0.57896
green engulfing candle – stalling at a significant level – move up across a consolidation area


2024.03.14,AUDUSD, engulfing , high = 0.66351, low = 0.66001
green body engulfing candle – stalling at a significant level – diamond indecision pattern - possible reversal of any naked trade down trend reversal – or – possible Bull flag forming at the significant level




2024.03.14,CADCHF, engulfing , high = 0.65245, low = 0.64994
green body engulfing candle – stalling at a significant level - move up across a consolidation area


2024.03.14,EURNZD, pinbar ,
green pinbar candle – rejection of a move down – stalling at a significant level


2024.03.14,GBPCHF, engulfing , high = 1.12475, low = 1.1211
green body engulfing candle – stalling at a significant level - move back up to the level – false break down ? - indecision


2024.03.14,USDCAD, engulfing , high = 1.34985, low = 1.34591
red body engulfing candle – stalling at a significant level - move back down to the level


2024.03.14,USDCHF, engulfing , high = 0.87895, low = 0.87662
small green body engulfing candle – stalling at a significant level - move back up to the level


2024.03.14,USDCNH, pinbar ,
green pinbar candle – rejection of a move up– stalling in a slight down channel – below / about a significant level


2024.03.14,XAGUSD, engulfing
big green body engulfing candle – big move up to a weekly level - from a level – up trend – up channel


2024.03.14,UKOIL-F, engulfing
green body engulfing candle – move up to a significant level - move up across a consolidation area


2024.03.14,WTI, engulfing
green body engulfing candle – move up to a significant level - move up across a consolidation area


crypto - stalled




GOOD PIPPING



Old Jungle saying : The Phantom only warns once.