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USD/CAD - Range.
USD/CAD on the higher time frame has taken the blueprint and is now mitigating. The range for USD/CAD right now is in this photo that I've just posted. It's been defined by sponsored candles and has definitely seen a break to the downside. So it's been finding price action in between those two levels at the moment. But at some point, there's going to be a breakout for this sell setup, likely later on in a week or two. In my opinion, we're buying all the way up to area of sponsored candles in the 71-78 area as part of the A1 setup, in order to take out the lower lows and the breaks on the current leg. There's nothing wrong with taking a session's worth of pips. There's nothing wrong with just taking a swing trade for a couple of hours or so, either. When price is ranging like it has been, and not in a full bear or bull run, it's great to just take sessions and be on your merry way.
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USD/CAD - Range.
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USD/CAD - Ranging and “Take Profit”.
When price is ranging and getting ready to set up for the higher timeframe move, it's a great idea to get into the practice of taking the runs in and out of the setup within the session to bank profit. I eventually got the higher timeframe swing, eventually! It was after the New York session where the higher time frame swing entry appeared and I'm in it for the long run—probably for the rest of the week…
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USD/CAD - Ranging and “Take Profit”.
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Trivial Forex
The bag was a tenner, wrapped tight in a black plastic knot, sitting in a puddle of something that might have been old rain or new piss. I picked it up anyway. It was April 2020. The world had shrunk to the damp walls of this alley and the blue light of my phone. My friend, we’ll call him Marcus, he was always the guy with the angles. He’d texted me a week before, a voice note from his basement apartment in Queens. His voice crackled with long-distance static and a strange, evangelical fervour. "Forget the lottery tickets, man. Forget the sports bets. This is it. The last door. You buy a piece of a company, a stock. When the company grows, your money grows. It’s infinite. My boy runs a private group, real private. Website, chatroom, the whole deal. He teaches you how to unlock it. All the money in the world is just sitting there, waiting for you to take it." All the money in the world. In the alley, with the lockdown sirens wailing a few streets over, the idea didn't seem crazy. It seemed like the only sane thought I’d had in months. I wiped my hands on my jeans, unknotted the bag, and used the last of my data to follow the link he sent. The private website was clunky, a relic from a forgotten corner of the internet. But the chatroom was alive. Green and red lines pulsed in little windows. People typed in a code I didn't understand: Pips. Lots. Support and resistance. It was a new language, and I was a mute at a revival meeting. I watched, mesmerised, as a man on a grainy livestream drew lines on a chart. "The market is a story," he said, his voice a smooth American drawl. "It's a story of fear and greed. Learn to read it, and you write your own ending." That was the hook. Write my own ending. I was 27, living in a shared flat that smelled of other people's disappointment, and I was holding a bag of weed in a dirty alley. My ending felt like it had been written for me a long time ago. This was my chance to pick up the pen. The first year was a fever dream. The concepts from the chatroom—trend lines, Fibonacci retracements, Elliott Waves—they didn’t just stay on the screen. They bled into everything. I saw patterns in the cracks on the pavement, in the flight of pigeons, in the rhythm of my own heartbeat. I wasn't learning to trade; I was learning the universe's secret code. I was going to be rich. I was going to be a god.
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Trivial Forex
USD/CAD 🤩
After recent lower lows and recent breaks on USDCAD, and looking at the higher timeframe chart, it seems to me that the blueprint has taken place in full effect on the higher timeframe of USDCAD. The pair is making lower lows on the higher timeframe and taking sponsored candles to break more structure, which is perfect order flow—essentially the mitigation of the blueprint.
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USD/CAD 🤩
They Say “Violent Stock Market Crash”
I say “mitigation” Check out the post of how I traded in the zone to find my position in today’s session.
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They Say “Violent Stock Market Crash”
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Trivial Forex
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Understand and illiterate with Reading price action within Forex Markets.
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