How to trade Ranges with Momentum Shift

Momentum Shift in Australian dollar Once Again

I have explained so many times on blog that I always focus on strong trends pullbacks specially when few spikes have been faded and don't have any follow-through. I have created a post On "How to trade Ranges With Shift in Momentum".

In the above Chart I have noticed that price of Australian Dollar is in strong trend followed by Few ranges and then spikes up and down and When most of the time we see this type of behavior in strong Downtrend then Most of the time market hesitates to buy in the "Weak" Market or When they are expecting a favor from banks too earlier than It is scheduled and When they don't get anything they expect price often pick up after breakouts and then after attempt failed it went in range and then again Breakouts often spike and get out of the range to put stops and that is why I have created such posts where we can find out what is happening and what to expect in such crucial time.
I would watching a failure at this area of range for few sessions and then If we again see shift in Momentum, then I would short and advice everybody here to remain in short positions ahead of 0.8675.

Forex Price Action l Value migration supply and demand

Gbp/jpy Rise to Multi-year high after Minor correction

Gbp/jpy Value Migration

As I always mentioned in my blog, Our primary focus should be on strong trends and we should always look for value Migration and Today we have seen such behavior and I would expect price to make a new Multi-year high in the pair Gbp/jpy

When we see strong trend followed by correction then We should always look for pullback only when price has not managed to liquidate too much and when we see spikes in such behavior and pause in trend, then we should always look for Value to migrate higher soon.

Value Migration should be a quick spike and there should not any hesitation in the market and value should keep rising with price.
Idea should always be to remain conscious and wait for such opportunities and keep buying on the day on any pullback as "Strong Money" Will keep buying and keep moving the price higher because it is natural in such strong trends and I have seen strong movement after "Value Migrates" followed by strong demand in Currency Pair.

Candlesticks Patterns Matching the Context

Hi, traders.

In this post I’ve decided to emphasis more on Patterns and Overall context, that I use in my own trading, and that may be useful for you as well. In other words, what do we do step by step when we come to the market with the intention to find a good trade location?

We go top-down, from analysis of bigger time-frames to lower time-frames and finally, tick-by-tick action. Of course, our thinking in calm environment, when we do our homework, is different from thinking when we are acting at the «heat of the moment». But prepared trader has more odds of making good decision rather than unprepared one. The only group of traders that can make absolutely no preparation, are pure scalpers. But now there really a few pure successful scalpers in the world – this trading style has become very tough with the popularity of mechanical trading, HFT algorithms.

But what about if we spot Institutional Activity And we find candles that helps us spotting where stops are placed and we get the demand level protected when Price hit that particular area, specially when candles already has trapped traders.

It is very hard to find such setups but failures are in itself a strong clue of what strong buyers or sellers might be eyeing in such scenarios.

Australian Dollar Trade Update

Trade, I took on Friday of Australian dollar is a short example when you need to react when such scenario happen when we have already seen a demand and Price test the area and even strong buyers enter the market.

First of all, we saw a candlesticks trap a failure attempt by sellers when new high is made and then we see "Three Inside Up" Pattern which tells us that strong buyers are still there in the market.

But Often this type of patterns don't succeed but if you see price was accumulating and every down move found buyers few times and then finally when price test the area with another bearish pattern, Demand was stronger than earlier and may continue when market open or even better price would be offer to buy if price test the area again

Patterns spotted in Australian dollar l Intaday Price Action

As I have mentioned in my previous post that Forex Trading is all about consciousness and timing and when You don't opt of any Forex Signals site and believe in yourself then such entry will come in routine.

Basic concept of "Market Profile" is to facilitate trading and they will do it with buying at downside moves and when You see such behavior in already "Bullish" trend, then you just need consciousness and timing and that is what "Currency or Stock Trading", is all about.

Are they really buying at low levels

If you closely watch the above mentioned chart then you will see market has breakout from a level and maintained a level above and whenever you see any type of "selling", then buying at low levels again push the price above and last buying was some serious attempt after false breakout of the range to the downside.

Trading is not all about seeing the price to move higher or lower in coming week, month or quarter, trading is about opportunities offered on short or long term and versatile traders know every type of market and they willing to accept what is being offered.