Forex Daily

[wizAlvin]

2nd july
Naked 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, EURNZD, GBPCAD, GBPCHF, GBPNZD, GBPUSD, Pinbar , NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, WS30


2024.07.02,CADJPY, Pinbar , high = 117.88, low = 117.467
small green Pinbar candle – rejection at a chart high and significant level – and double top pattern indicating a possible naked trade down – top of a very long high TF up trend - suggest you check all requirements for a naked trade down


2024.07.02,EURNZD, engulfing , high = 1.76816, low = 1.7576
green body engulfing candle – another move up to a significant level – in a probable new up trend / up channel – possible ‘V’ recovery pattern


2024.07.02,GBPCAD, outside & engulfing , high = 1.73909, low = 1.72687
green outside & engulfing candle – a bigger move up to a significant level – in a down trend - messing up a good looking head and shoulder pattern


2024.07.02,GBPCHF, outside, high = 1.14411, low = 1.13415
green outside candle – another move up to a significant level – in a down trend - messing up a good looking head and shoulder pattern


2024.07.02,GBPNZD, engulfing , high = 2.08394, low = 2.0711
green body engulfing candle – another move up to a significant level and top of / in a consolidation area – reversing a prior rejection move down from this significant level


2024.07.02,GBPUSD, Pinbar , high = 1.271, low = 1.26334
green Pinbar candle – rejection from a significant level and top of a down channel – into a wedge pattern - stalling


2024.07.02,NZDCAD, engulfing , high = 0.83532, low = 0.83025
green body engulfing candle – a move up across a significant level in a diamond indecision pattern centred about the significant level - in a down trend – down channel


2024.07.02, NZDJPY, Pinbar
green Pinbar candle – rejection at a chart high and significant level – indicating a possible naked trade down – top of a very long high TF up trend - suggest you check all requirements for a naked trade down – possibly stalling


2024.07.02,NZDUSD, engulfing , high = 0.61074, low = 0.60651
red body engulfing candle – a move down across a down channel in a down trend – possible small diamond indecision pattern centred about the current significant level


2024.07.02,USDCAD, engulfing , high = 1.3749, low = 1.3662
green body engulfing candle – engulfing a prior red indecision type candle – stalling in a consolidation area – up to / at a significant level


2024.07.02,USDCHF, outside & engulfing , high = 0.90446, low = 0.89612
big green body engulfing candle – engulfing a series prior green candles – moving up to / at a significant level – possible trend change to up with a higher high


2024.07.02,USDJPY, engulfing , high = 161.729, low = 160.719
green body engulfing candle – engulfing a prior green indecision type candle – moving up to a chart high and a significant level – up trend – up channel


2024.07.02, WS30 outside
big green outside indecision candle – stalled – following a failed break out up and back to a significant level and ascending wedge pattern


2024.07.02, XAUUSD, engulfing
green body engulfing candle – engulfing a prior red indecision type candle – stalling at a strong significant level – (in a similar repeated pattern to last week or so) – the possible long term weekly double repo pattern proposed / formed (implying a move down to 2216) is looking less likely – a break down from this level is required


notes


XAGUSD, - green candle – small move up at a prior significant level – in a descending wedge / consolidation area


Oil – big green candle - moving up from stalling in a small diamond indecision pattern – possible ‘V’ recovery pattern


crypto – BTCUSD; ETHUSD; LTCUSD – small move up / stalling ; RIPUSD stalled consolidating


GOOD PIPPING



Old Jungle saying : There are times when the Phantom leaves the jungle and walks the streets of the town like an ordinary man.

[wizAlvin]

3rd
Naked 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 ::
EURAUD, EURNZD, EURUSD, NZDJPY, NZDUSD, USDJPY,


2024.07.03,EURAUD, Pinbar , high = 1.61774, low = 1.6091600000000001
green Pinbar candle – rejection at a significant level – and sort of double top and rounded bottom pattern indicating a possible trend change - suggest you check for a break close and retest of this level up or down


2024.07.03,EURNZD, Pinbar , high = 1.7746300000000002, low = 1.7646199999999999
green Pinbar candle – rejection at a significant level – following a rounded bottom pattern into a possible trend change - suggest you check EURAUD pair for similar candle (AUD and NZD similar commodity currency) – in a probable new up trend / up channel – possible ‘V’ recovery pattern


2024.07.03,EURUSD, engulfing & Pinbar , high = 1.07472, low = 1.071
green Pinbar candle – at a significant level – and top of a consolidation area - rejection moving back into it – weekly wedge pattern


2024.07.03,NZDJPY, Pinbar
green Pinbar candle – rejection at a chart high and significant level – following an indecision candle – top of an up trend change – up channel – above the rising EMA’s – note the divergent MACD


2024.07.03,NZDUSD, Pinbar
green Pinbar candle – rejection at a significant level – and consolidation of all moving averages – in a diamond indecision pattern – stalling - bottom of a down trend – down channel – suggest you check for a break close and retest of this level up or down


2024.07.03,USDJPY, Pinbar (PFD broker)
small red Pinbar candle – rejection at a chart high and significant level –– rejecting a move up – at a chart high – top of a long up trend / up channel – a naked trade indication but not a clear signal – MACD is equal whereas price is above – possible NT down – caution advised as signal is not clear and un ambiguous


notes


WS30 bigger green indecision type candle – stalling / consolidating – atop an ascending wedge pattern and significant level - following a failed break out up from this


XAUUSD, small red indecision candle – stalling at a strong significant level – the possible long term weekly double repo pattern proposed / formed (implying a move down to 2216) is looking less likely – a break down from this level is required


XAGUSD, - green indecision candle – small move up at a prior significant level – in a descending wedge / consolidation area


Oil – red indecision candle candle - stalling at a prior higher level following the big move up to here


crypto – BTCUSD; ETHUSD; small move down / stalling consolidating


LTCUSD; RIPUSD – small move up / stalling consolidating slight up channel


GOOD PIPPING



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

[wizAlvin]

4th july
Naked 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, CHFJPY, EURNZD, GBPAUD, GBPCAD, GBPNZD, NZDCAD, USDCHF, USDJPY, USDCNH, LTCUSD






2024.07.04,AUDCAD, outside & engulfing , high = 0.91702, low = 0.91107
green outside & engulfing candle – rejection of a move above a significant level – rejection of a move above a multi top consolidation area - indicating stalling

2024.07.04,CHFJPY, engulfing , high = 179.432, low = 178.481
green body engulfing candle – move up to a chart high and a significant level and top of a consolidation area – in a possible forming trend change head and shoulder pattern – possibly stalling - possibly stalled awaiting a move up – the possibility for a double repo sell to about 175 MAY occur should the signal occur. Will JPY be bank influenced?


2024.07.04,EURNZD, outside
red second Pinbar candle – rejection at a significant level – following a rounded bottom pattern into a possible trend change - suggest you check EURAUD pair for similar candle (AUD and NZD similar commodity currency) – in a probable new up trend / up channel – possible ‘V’ recovery pattern – at the 50 EMA rejecting off the 200EMA


2024.07.04,GBPAUD, outside, high = 1.9053499999999999, low = 1.89725
red outside indecision candle – again move up to (stalled) at a significant level – possibly in a rounded bottom pattern into a possible trend change – prior consolidation area


2024.07.04,GBPCAD, outside & engulfing , high = 1.74047, low = 1.73231
green outside & engulfing candle – rejection of a move above a significant level – rejection of a move above a multi top consolidation area - indicating stalling


2024.07.04,GBPNZD, Pinbar , high = 2.09398, low = 2.0844300000000002
red Pinbar candle – rejection of moving above / at a significant level – following a move up to this level being the top of a wide consolidation area – across the consolidation area - rejection of moving above the consolidation area


2024.07.04,NZDCAD, outside, high = 0.83459, low = 0.82901
green outside indecision candle – small move up to (stalled) just below a significant level – most likely stalled in a prior consolidation area


2024.07.04,USDCHF, outside, high = 0.90504, low = 0.89855
red outside indecision candle – small move down / (stalled) at a significant level – most likely stalled in a prior level – watch for break, close, retest from the level


2024.07.04,USDJPY, outside & engulfing , high = 161.951, low = 160.768
green outside & engulfing indecision candle – rejection of any move away from this chart high and very significant level - indicating stalling atop a long up trend up channel – NOTE : the two prior targets of 127% Fib and the 161.8% Fib of the prior two swing moves have been EXCEEDED – 159.1


2024.07.04, USDCNH, outside
red outside indecision candle – small move down / (stalled) at a significant level and recent daily high – most likely stalled at a level – watch for break, close, retest from the level – top of a trend up – very high TF wedge pattern


2024.07.04,LTCUSD, outside & engulfing
red outside & engulfing indecision candle – move down to a significant zone / level






notes


WS30 small red indecision type candle – stalling / consolidating – atop an ascending wedge pattern and significant level


XAUUSD, bigger green candle – move up (again) from stalling – up to a level – the possible long term weekly double repo pattern proposed / formed (implying a move down to 2216) is looking far less likely – a break down from this level is required


XAGUSD, - big green candle – big move up at a prior significant level – out of a descending wedge pattern – but still in a descending channel / consolidation pattern


Oil – green indecision candle candle - stalling at a prior higher level following the big move up to here


crypto – BTCUSD; ETHUSD; RIPUSD - move down to a prior significant level




GOOD PIPPING
Old Jungle saying : The Phantom has a thousand eyes and a thousand ears.

[wizAlvin]

? i post this stuff in the interests of sharing viewpoints and often wonder if these are of any use to others?