Mohamed Nabil Zaki
USDCAD : Risky but good only 30 pips stop , be careful it's against the trend , but wanted to share it with you . it was about to his my stop loss>>follow up : Closed position 115 pips in profit
Mohamed Nabil Zaki
EURUSD : price broke the Lowe Daily HVA on 1H chart . now retest it . i'm short . though price retraced a little bit up but i'm in. you can go short now with small stop around 25 pips with big target up to 100
Mohamed Nabil Zaki
EURJPY : Short at retest with trend : Follow up : price consolidates at this Level >>> Folllow up : Hit SL
Mohamed Nabil Zaki
NZDUSD : Weekly HVA on 4H chart . however trend is down . it's better to wait for break to this level then go short at retest or we can go long as the stop will be small around 20 pips only and target up to 60:90 pips the upper HVA . Factors that support long , positive bullish divergence on macd on 4H , Decreasing volume "Can be due to market closure " let up wait for the market open then look at smaller TFs for confirmation >>> Follow Up : price consolidates at this level i'm wating for a break
Mohamed Nabil Zaki
EURUSD : Next week deal . Weekly trend is down , Price hit Weekly HVA on 4H chart again and also Daily HVA on 1 H chart which sent it around 100 pip down yesterday , today touched this level again it with big 4H bar with High volume however made a big tail above it indicating selling activity . my decesion is to go short with price action on 1 h chart
Mohamed Nabil Zaki
EURJPY : follow up first order filled , my stop will be 22 pts . I prefer to add stop . be careful as it's against the general trend
Mohamed Nabil Zaki
EURJPY : on the daily chart price retraced from Monthly Low Vol area "Lower Extreme " formed a bullish engulfing pattern with increasing volume . by looking at yesterday volume profile we will notice 1st HVA between 128.19 :128.09 which matches 38 FIB retrace . and another HVA @127.65 == 61% Fib . i'll divide my orders between these two level : Long with target around 300 pips at 131.50
