Why are we entering EURAUD?

- Price is at channel support

- We have previous structure at the channel support area

- We are expecting EUR to strengthen for the short to medium term

What are we waiting for to happen?

- Waiting for one 4H candle to signal bullish pressure

- EUR index to reject structure level

What is our confirmation?

- 4H bullish candle

- lower timeframe trendline

Once entered, where will our Stoploss be?

- Below the channel and structure level 1.559

Where do we take profits?

- First TP previous high 1.587

- Next TP channel resistance

Daily 50 - to find out the daily trend and levels - i'll explain that soon

4H 50 - to monitor it for a break or bounce depending on continuation trade ot reversal trade

SMMA - used in the same way as the daily and 4H - monitor for bounce

Yeah i noticed out trading strategy is very very similar which is great!

When you notice the index is in a great area, you just flick to the related pair and chart it up as
normal KNOWING that a reversal is coming so you find reasons to enter e.g. break of
trendline/correction, retest, retest of structure or EMA

[Forwarded from Mr Wick's VIP]

1. We analysed EUR index for reversal area

2. Price approached EUR index reversal area

3. We went to EUR pairs and analysed it for best areas to enter

4. EURNZD and EURAUD looked really good and stoploss placement was clear (below structure)

5. Entered the trade on 5min timeframe using the Trendline hack (mentioned below)

Trendline Hack (https://www.tradingview.com/x/JbpczIup/)

Get the 50EMA and use that as a basis to draw your trendline.

For this example, we are waiting for EURNZD so i moved down to a timeframe where i can see the
descending correction (5min) and i put the 50EMA on to indicate where the dynamic resistance is
and i used that as a guide to draw my trendline.

This method is applicable to all timeframes. Find a timeframe where price is respecting the EMA and
then use the EMA as a base to draw your trendline.

Currently waiting for the 5min 50EMA to break

Why are we entering?

- Price is in ABC correction and we're at the end of the C wave

- We have previous structure at 1.669

- Parallel channel support

- We're expecting NZD index to come down = EURNZD to strengthen

What are we waiting for to happen?

- We are waiting for bullish pressure around the 1.669 level

- Counter trendline to break

- NZD index to break ascending trendline

What is our confirmation?

- the descending trendline on the 4H to break

- Bullish candles at the 1.669 level

Once entered, where will move our Stoploss be?

- stop loss below the structure level and the lowest wick

Where do we take profits?

- First TP next structure level 1.685

- Next TP channel resistance

So instead of watching EURJPY, GBPJPY, NZDJPY, AUDJPY... We can just focus on the JPY index and
wait for it to come to our area of interest. That way you are not overwhlemed by flicking through
loads of charts! Don’t tell anyone this 🤫
Why are we entering?

- We're expecting JPY index to strengthen = XXXJPY down

- Price has broken the major ascending trendline and structure = bearish

- On the weekly timeframe, we have rejected the major descending trendline (See chart update)

- We are below the Daily EMA and expecting a retest

What are we waiting for to happen?

- Waiting for price to correct back up to one of the structures. First structure has daily EMA confluence. Second
structure is a major structure as it's been tested a couple of times previously

- Waiting to draw a counter trendline leading up to our area of interest

- JPY to retest daily EMA and structure

What is our confirmation?

- the break of the counter trendline leading to structure level

- rejection candles at one of our structure level

- rejection of structure

What is our entry?

Risk entry: rejection of structure level

Safe entry: break of counter trendline

Once entered, where will our Stoploss be?

- stop loss above the structure and Daily EMA

- Above the last wick of the correction once its breaks

Where do we take profits?

- First TP 85.5 (next structure level) 250pips

Why are we entering?

- We're expecting JPY index to strengthen = XXXJPY down

- Price has broken the major ascending trendline and structure = bearish

- We are below the Daily EMA and expecting a retest

What are we waiting for to happen?

- Waiting for price to correct back up to the descending trendline + structure level + Daily EMA

- Waiting to draw a counter trendline leading up to our area of interest

- JPY to retest daily EMA and structure

What is our confirmation?

- the break of the counter trendline leading to structure level

- bearish candles at 130.5 level

- rejection of structure

What is our entry?

RISK Entry: rejection of structure

SAFE entry: Break of correction

Once entered, where will our Stoploss be?

- stop loss above the structure and Daily EMA

- Above the last wick of the correction once its breaks

Where do we take profits?

- First TP 127.5 (next structure level) 300pips

Why are we entering?

- We're expecting JPY index to strengthen = XXXJPY down

- Price was in an ascending correction and broke down as well as the Daily EMA

- Price has rejected the Daily EMA TWICE and we're expecting it to reject again

- We are below the Daily EMA and expecting a retest

What are we waiting for to happen?

- Waiting for price to correct back up to one of the levels indicated

- Waiting to draw a counter trendline leading up to our area of interest

- JPY to retest daily EMA and structure

What is our confirmation?

- the break of the counter trendline leading to structure level

- bearish candles at one of our structure levels

- rejection of daily EMA

What is our entry?

RISK Entry: rejection of structure

SAFE entry: Break of correction

Once entered, where will our Stoploss be?

- stop loss above the structure and Daily EMA

- Above the last wick of the correction once its breaks

Where do we take profits?

- First TP 79.6 (next structure level) 250pips

Why are we entering?

- We're expecting JPY index to strengthen = XXXJPY down

- Price was in an ascending correction and broke down and we just broke the daily EMA recently

- Price has rejected the Daily EMA TWICE and we're expecting it to reject again

- We are below the Daily EMA and expecting a retest

What are we waiting for to happen?

- Waiting for price to correct back up to the level indicated

- Price to reject structure + trendline + EMA

- Waiting to draw a counter trendline leading up to our area of interest

- JPY to retest daily EMA and structure

What is our confirmation?

- the break of the counter trendline leading to structure level

- bearish candles at our structure level and trendline

- rejection of daily EMA

What is our entry?

RISK Entry: rejection of structure

SAFE entry: Break of correction

Once entered, where will our Stoploss be?

- stop loss above the structure and Daily EMA

- Above the last wick of the correction once its breaks

Where do we take profits? - First TP 148.5 (next structure level) 250pips

Why are we entering?

- We're expecting JPY index to strengthen = XXXJPY down

- Price was in an ascending correction and broke down and we just broke the daily EMA recently

- We are below the Daily EMA and expecting a retest

What are we waiting for to happen?

- Waiting for price to correct back up to the level indicated

- Price to reject structure + EMA

- Waiting to draw a counter trendline leading up to our area of interest

- JPY to retest daily EMA and structure

What is our confirmation?

- the break of the counter trendline leading to structure level

- bearish candles at our structure level and trendline

- rejection of daily EMA

What is our entry?

RISK Entry: rejection of structure

SAFE entry: Break of correction

Once entered, where will our Stoploss be?

- stop loss above the structure and Daily EMA

- Above the last wick of the correction once its breaks

Where do we take profits? - First TP 75.6 (next structure level) 150pips

1H 50EMA is the most closely matched to the trendline = we use this timeframe

Q. What timeframe do I use to enter?

A. Use the trendline hack

When price is creating a correction, put on your 50EMA and go down to the timeframe where the correction is
being respected by the EMA are in sync.

Monitor that timeframe for a break. Will send an example

EMA chopping into market price, we don’t use this timeframe

We use this timeframe. 15min
1. Structure/ support respected or rejected
2. Price reversal area
3. Trendline break
4. Price also broke above 50 EMA
1 & 2 are used as 1 confluence.
Stop loss below structure
Enter on break of trendline