Longer-Term Upside Potential

15 sept. 2016

Note(s):

Here is a series of ideas about upcoming potentially big/longer-term moves:

Currently, the following pairs are inside my "hot-list":

NZDCAD (Short)

GBPNZD (Long)

GBPUSD (Long)

USDMXN (Short)

EURMXN (Short)

EURNZD (Long)

AUDNZD (Long)

*For each of the above pairs; I will be looking out strictly either for the Long or Short opportunities only (in the 5mins chart; I will get in once I received a signal & then be ready to secure the trade with BE-SL or TL-SL, & then just let the trade run; if I should get stopped-out; then I will keep on re-entering again & again on-signal-based).

Best regards.

16 sept. 2016

Note

Unfortunately, the buy signal (that I've been on the lookout for) never came (yet).

*I am actively watching out for a buy signal in the 5min chart.

Regards.

16 sept. 2016

Note

In case if you are curious as to "what shall be a Buy signal?"

- The most "simple" method will be to use Heiken-Ashi Candlesticks; just lookout for a series of Green-color candlesticks formation (in higher timeframes like the 1hr chart for example) - to have a confirmation for a Long.

- Another method is to use ZigZags (indicator); I personally use a series of custom ZigZags that defines the primary wave & also the secondary waves; so if the primary wave is Up (which will 1st need to be formed by price-action ofcourse), then I can wait for a secondary wave to form Downwards 1st - to Long a Downside pullback/retracement/correction; for the main trade Up (the primary wave direction). The ZigZags (2 sets) must be customized/set correctly, appropriately, & accurately.

- Another option is to use moving average(s) (which must also be set correctly, appropriately, & accurately). I personally use my own custom moving averages (such as the Non Lag Moving Average Version 6) on higher timeframes like the 1hr chart; together with the Heiken Ashi candlesticks if you need to.

Regards.

16 sept. 2016

Note

Forgot to mention above that my custom ZigZags works quite perfectly in the 5mins chart (zoomed all the way out); it is by far the best timeframe for a confirmation signal, for the pairs of ZigZags that I'm currently using, based on my experience.

Regards.