I said last month this pair is reversing.
How?
These moves Takes months or more. It all start from understand simple buy and failure pattern with market psychology.
I said many times market acceleration means market corrections. Just like with xau. And currently with audusd as it is reversing but I keep my mouth shut and watch ppl scramble on how to trade it. As it takes time for the volume to kick in but it been applied. Which we can see if you add volume to your chart! . That’s why I retired from this. It’s more entertaining watching and reading sale sale and than 2 hrs later after the London buy buy buy and the next day sale sale lol 😂. Ha very entertaining!
But I just want to prove my point so when you see this pair going up you’ll know who said it first 😬.
So we can see after the bears trend the market started moving choppy.
Now notice how we have 2 acceleration legs These are complex correction swings..
As these swings had more mom than the trend! But didn’t make a lower low!
Yet everyone wants to short! While the market is saying something else.
I said on the monthly last month we have a hammer and how to trade them.
And guess what last month close above the previous month. The market did this in one day up 140 pip.
Now notice we have 3 lows here in the same zone two from the correction swing and the other inverted into a w
Notice after this we see bearish candles trapped one is a inverted hammer all three no lower low. The pattern looks like a rising 3 strike. Which is a bearish signal. Yet I have no doubt that this pair is long term bearish but we are going up to tap into some liquidity. As there isn’t volume up north as each extreme high crashed. Or maybe it’s in the process of either way this isn’t something we will see at this will take over 5 years
Now we can see the bulls are the ones pulling back as price is making higher lows.
I also said how to judge a bull or bear markets. Here. Etc we want to look at the lows never the highs. We want to see the bull strength as they recover from a sale. This doesn’t mean the low has to get higher each time this thinking is incorrect. But we want to see the beaching bearish candle get passed when the bulls take over. Meaning that last candle that drop the bulls should break above it with ease. So it should look like a check or Nike sign at the low. And we see that here
Now it’s very difficult to understand who is in control cuz the trend isn’t clear to the naked eye and hard to trade as the market will retrace most of its progress. As this is done to gain higher heights (as this is what a pullback do) . The market will breakout and deeply pullback all week and than go higher one day out of the week etc. slowly breaking up orderblocks.
Tip
most traders are reactive buying after they see price move
Big investors are proactive they anticipate movement. And buy low and sale high. No exceptions to how they see it!
It’s best to transition to this understanding of trading cuz it’s not only works best but it’s how big players see any investment. They want to build and buy when it’s the most unattractive. Etc I’d brought gbpusd almost a year ago when it was unattractive and everyone was selling it. And you can backtest my post! I brought gu for my son and a client and we held it!! Now look at gu now everyone wants to buy it. Everyone wants a pullback to buy on lol 😂 why you didn’t buy it when it was on sale brah!? Let me guess you was price cashing and couldn’t see the structure! It’s ok
Let’s become proactive! Don’t be afraid to buy low brah in a promising market! Don’t take my word. Ask Buffet why and when he brought silver! And what happen? It went to the moon!
Now go and find those cheap pairs look for weakness and buy it stop chasing to get in a old trend get in at the beginning!! I gave yal a set up that makes this process easy. My position trading indicators as I formulated this for yal and also I did another post on trading easy for the easy trader. Did this for yal!
Gl
HOW TO TRADE LIKE THEM-
How?
These moves Takes months or more. It all start from understand simple buy and failure pattern with market psychology.
I said many times market acceleration means market corrections. Just like with xau. And currently with audusd as it is reversing but I keep my mouth shut and watch ppl scramble on how to trade it. As it takes time for the volume to kick in but it been applied. Which we can see if you add volume to your chart! . That’s why I retired from this. It’s more entertaining watching and reading sale sale and than 2 hrs later after the London buy buy buy and the next day sale sale lol 😂. Ha very entertaining!
But I just want to prove my point so when you see this pair going up you’ll know who said it first 😬.
So we can see after the bears trend the market started moving choppy.
Now notice how we have 2 acceleration legs These are complex correction swings..
As these swings had more mom than the trend! But didn’t make a lower low!
Yet everyone wants to short! While the market is saying something else.
I said on the monthly last month we have a hammer and how to trade them.
And guess what last month close above the previous month. The market did this in one day up 140 pip.
Now notice we have 3 lows here in the same zone two from the correction swing and the other inverted into a w
Notice after this we see bearish candles trapped one is a inverted hammer all three no lower low. The pattern looks like a rising 3 strike. Which is a bearish signal. Yet I have no doubt that this pair is long term bearish but we are going up to tap into some liquidity. As there isn’t volume up north as each extreme high crashed. Or maybe it’s in the process of either way this isn’t something we will see at this will take over 5 years
Now we can see the bulls are the ones pulling back as price is making higher lows.
I also said how to judge a bull or bear markets. Here. Etc we want to look at the lows never the highs. We want to see the bull strength as they recover from a sale. This doesn’t mean the low has to get higher each time this thinking is incorrect. But we want to see the beaching bearish candle get passed when the bulls take over. Meaning that last candle that drop the bulls should break above it with ease. So it should look like a check or Nike sign at the low. And we see that here
Now it’s very difficult to understand who is in control cuz the trend isn’t clear to the naked eye and hard to trade as the market will retrace most of its progress. As this is done to gain higher heights (as this is what a pullback do) . The market will breakout and deeply pullback all week and than go higher one day out of the week etc. slowly breaking up orderblocks.
Tip
most traders are reactive buying after they see price move
Big investors are proactive they anticipate movement. And buy low and sale high. No exceptions to how they see it!
It’s best to transition to this understanding of trading cuz it’s not only works best but it’s how big players see any investment. They want to build and buy when it’s the most unattractive. Etc I’d brought gbpusd almost a year ago when it was unattractive and everyone was selling it. And you can backtest my post! I brought gu for my son and a client and we held it!! Now look at gu now everyone wants to buy it. Everyone wants a pullback to buy on lol 😂 why you didn’t buy it when it was on sale brah!? Let me guess you was price cashing and couldn’t see the structure! It’s ok
Let’s become proactive! Don’t be afraid to buy low brah in a promising market! Don’t take my word. Ask Buffet why and when he brought silver! And what happen? It went to the moon!
Now go and find those cheap pairs look for weakness and buy it stop chasing to get in a old trend get in at the beginning!! I gave yal a set up that makes this process easy. My position trading indicators as I formulated this for yal and also I did another post on trading easy for the easy trader. Did this for yal!
Gl
HOW TO TRADE LIKE THEM-
