Forex Trading Opportunities

Hi Tyrone, want to say thanks for setting up this forum, I've been having a look through your videos and am hoping to delve into trading in the near future. Just going to paper trade initially though until I feel more confident with the skills needed.

I just wanted to ask if you have been using the same methodology successfully in the stock market? And also could I just ask your opinion/ reasoning on your preference with forex over any other instrument (e.g. futures/ stocks).

USDCHF Two Sell Limit Setups.
1 - Daily DT (Huge RR)
2 - 240/60 ABE ( Just over 5 to 1) plus there is a 60 Min DT inside 240 DBD Limit area, which is a confirmation due to waiting to time with trend line touch and to reduce Risk pip size.

USDJPY Still in play.

Potential 4 hour ABE set and forget sell set up on USDJPY. Would it be better to wait for confirmation on this?

Yes this looks good. This can be a limit sell because the supply level on the HTF is a Fresh & Original level. Also lower uptrend ABE is a confirmation.

Here is the 1H. If its valid to your strategy and I was to place a sell limit at the extreme  am I right in thinking it would need to be cancelled if price made a lower low on the 1H before hand? There is a high pip target of well over a hundred pips for a 10 pip stop on this trade

The Daily is just purely a level with no trend line ABE.in fact its really a Daily Double bottom setup. Yes price can bounce from your Daily level but its not a setup for me. The 60 min has produced an ABE pattern so if I was to trade this I would look for profit margin purely on the 60 min. If your strategy says go for the daily low then if you get in, manage it down to Daily low but this is not an opportunity as I see it. Good stuff though. I've got great ideas for next video.