ilmscore | Structure based trading ( 325 pips on AUDJPY ) episode 3

Structure based trading ( 325 pips on AUDJPY ) episode 3

Published: 2017-04-13
Status: Available | Analyzed

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
The trader is currently in a profitable trade on AUD/JPY, up over 329 pips, based on structure-based trading analysis.
"as you can see because of that analysis I'm now sitting in a trade that's up over 329 Pips"
AUDJPY=X
Pending
Key support levels for AUD/USD are identified at 0.7323 and 0.745, while resistance levels are seen at 0.759 and 0.770 for the upcoming week.
"recap the levels we'll be looking at here on the Aussie dollar are 0.73 tws 0.745 for support 0.759 and 0.770 for resistance going into next week"
AUDUSD=X
Pending
Two key support levels for EUR/USD are identified: one current level and a lower, more significant level.
"so there's our first level of support I'll be looking at and of course I'll be looking at this lowest level"
EURUSD=X
Pending
Two major resistance levels for EUR/USD are identified: one tested multiple times and another at the top of the chart.
"a major level would be here where you can see the market has tested multiple times and as I said earlier this major level here at the top of our chart"
EURUSD=X
Pending
A previous major resistance level on USD/CHF on the daily chart was broken, and the price pulled back to it, showing buying pressure indicated by a long lower wick on the 4-hour chart.
"this red level was our major level of resistance on an hour on our daily time frame and the market broke past that pulled down and put in a nice long Wicked candle showing us buying pressure from the this level"
USDCHF=X
Pending
A trade setup on USD/CHF is identified where the market broke above a major level, pulled back to it on the hourly chart, and formed a double bottom, indicating a potential entry point.
"so what I'm showing you here is that the market has pushed above this and we Dro down to this hourly time frame once we Dro down to the hourly time frame the market pulled back down to that major level the reason I just put these two boxes on here is one represents our stop loss one represents our reward the reason we're in that specific trade or would be based on the rules that we're talking about today is because we had one bottom two bottom which me makes a double bottom here for our entry"
USDCHF=X
Pending
Support levels for GBP/USD are identified at 1.231 and 1.214. Resistance levels are seen at 1.255 and a zone between 1.265 to 1.273.
"recap these levels we're looking at 1.23 ons for support 1. 214s and for resistance we're looking at the 1.25 five level and 1. 1265 to 1. 1273 zone for resistance"
GBPUSD=X
Pending
Support levels for USD/JPY are identified at 106.7 and 103.9. Resistance levels are identified at 111.9 and 1114.8.
"recap our USD Yen areas of support and resistance we're looking at support at 106.7 and at 103 9 we're looking at resistance at 11.9 and at 11 14.8"
USDJPY=X
Pending
The speaker will start releasing structure-based trading videos weekly on Sundays or Mondays.
"I am going to begin doing this structure-based trading video every week on Sunday or Monday"
Structure-based trading
Pending
The speaker is in the final stages of backtesting a new trading strategy that will be made available to EAP members.
"I'm really excited to announce that I'm in the process of Ford testing a brand new strategy I'm actually in the end of the process of for testing a strategy that I will be uploading to the EAP members page"
New Trading Strategy
Pending