Yesterday’s session went as expected. Personally, I did not take advantage of the descent because of my inattention because at the time I was doing something else. However, just before reaching the designated level, I already caught movement. In such situations, I do not wait for a confirmation (retest) becauseContinue Reading
The German index broke a new peak as we had assumed. Maybe I didn’t expect him to do it in one breath, but still. The current correction, if it persists, I am going to take into account the long position around the level marked in the image. It is quiteContinue Reading
We are starting another week on the Forex and Stock Market. Last week was exciting due to the reddit scandal. This week we start with optimism. We will start the list with NZDCAD which initially gave a signal to sell, but breaking the price above the resistance level gave anContinue Reading
The German index during the Asian session broke almost the entire rebound that took place in the European session. At the beginning I was wondering if today’s data should be much better than forecasts because when we expect the situation to deteriorate, the price is falling. The price plummeted andContinue Reading
The dollar did not let us down and is strongly appreciating against the main currencies. The Canadian paired with the US dollar is just on the border of the descending wedge determined from the D1 interval. In connection with the data for the US dollar, a correction can be expected.Continue Reading
The German index fell to the expected price yesterday just before the end of the US session. During the Asian session there was a retest I was waiting for which serves as a signal to enter (shown in the second M1 image). Unfortunately, we are not able to sit atContinue Reading
As announced, the German index is getting closer to support. The assumptions in the morning proved to be correct. Exit from the retest formation and continuation of declines. I was counting on such a development of the situation and I was not disappointed. We have now managed to play someContinue Reading
The German index surprised me in all its glory. The assumptions of the upward correction exceeded my expectations because only the designated OverBalance from the daily interval showed the correct range of the correction. With such a market behavior, the rule: “I play what I see, not what I thinkContinue Reading
The morning support turned out to be much stronger than we expected. The DAX went up without corrections until it was near the top line of the highest correction in the entire last downward move. Before the H1 candle closes, a raise is still possible. I am going to goContinue Reading
The German index is implementing the plan. Yesterday, a local RGR formation was created which behaved in a book-like manner. Unfortunately, I have not written it anymore because, as I mentioned in the “our policy” tab, he trades himself and I am not always able to reconcile it. Chart focusContinue Reading
