Daily Trend Tracker 2-Feb-25
8 EMA 20 EMA 50 EMA
2-Feb-25
Pairs Trend Direction Phase
AUDUSD DOWNTREND down 1
EURUSD DOWNTREND down 1
FX MAJORS
GBPUSD DOWNTREND down 1
NZDUSD DOWNTREND down 1
USDCAD UPTREND up 2
USDCHF UPTREND up 1
USDJPY UPTREND up 2
Pairs Trend Direction Phase
EURAUD DOWNTREND down 1
EUR Crosses
EURCAD DOWNTREND down 1
EURCHF DOWNTREND down 1
EURGBP DOWNTREND down 1
EURNZD DOWNTREND down 1
Pairs Trend Direction Phase
GBPAUD DOWNTREND down 1
GBP Crosses
GBPCAD DOWNTREND down 1
GBPCHF DOWNTREND down 1
GBPNZD DOWNTREND down 1
Pairs Trend Direction Phase
AUDJPY sideways
JPY Crosses
CADJPY UPTREND up 2
CHFJPY no trend
EURJPY DOWNTREND down 1
GBPJPY DOWNTREND down 1
NZDJPY sideways
Pairs Trend Direction Phase
AUDCAD DOWNTREND down 1
ther Crosses
AUDCHF UPTREND up 1
Other Crosses AUDNZD UPTREND up 1
CADCHF UPTREND up 1
NZDCAD DOWNTREND down 1
NZDCHF sideways
Pairs Trend Direction Phase
GER40 sideways
UK100 reversal
Indices
NAS100 UPTREND up 1
SP500 UPTREND up 1
US30 UPTREND up 1
Pairs Trend Direction Phase
Commodities
GOLD reversal
SILVER reversal
WTICrude
Platinum
Trend Analysis: Draw ELLIOT from Right to LEFT
200 EMA
CC Notes
1 BOS and then 1 st cycle.
1 BOS and then 1 st cycle.
1 BOS and then 1 st cycle.
3 wait for phase 2 end
3 Good Setup to BUY.
3 wait for a pullback. And enter on p1
3 BUY
CC Notes
0 wait for 2nd cycle
1 wait for 2nd cycle
1 wait for 2nd cycle
0 wait for 2 cycles
1 wait for 2 cycles
CC Notes
0 wait for 2 cycles
1 wait for 2nd cycle
1 wait for 2nd cycle
1 wait for 2nd cycle, Weekly end of phase 2
CC Notes
5 promising on weekly,
0 wait for 2nd cycle
0 wait for 2nd cycle
CC Notes
2 trade in progress
0 wait for 2 cycles
0 wait for 2 cycles
1 wait for 2nd cycle.
4 wait for a pullback. And enter on p1
CC Notes
1 2nd cycle wait
1 2nd cycle wait
1 2nd cycle wait
CC Notes
TREND DIRECTION PHASE
UPTREND UP 1
DOWNTREND DOWN 2
NO TREND NOWHERE BUY
SIDEWAYS SIDEWAYS SELL
RANGING
T trend What is the market environment?
R relative Price
A additional analysis
D decide
E expiry
R review & reflection/ risk management
UPTREND UP 1
DOWNTREND DOWN 1
UPTREND DOWN 2
DOWNTREND UP 2
DOWNTREND UP 2
up
Daily Trend Tracker
8 EMA 20 EMA 50 EMA
2-Feb-25
Pairs Trend Direction Phase
AUDUSD DOWNTREND down 1
EURUSD DOWNTREND down 1
FX MAJORS
GBPUSD DOWNTREND down 1
NZDUSD DOWNTREND down 1
USDCAD UPTREND up 2
USDCHF UPTREND up 1
USDJPY UPTREND up 2
Pairs Trend Direction Phase
EURAUD DOWNTREND down 1
EUR Crosses
EURCAD DOWNTREND down 1
EURCHF DOWNTREND down 1
EURGBP DOWNTREND down 1
EURNZD DOWNTREND down 1
Pairs Trend Direction Phase
GBPAUD DOWNTREND down 1
GBP Crosses
GBPCAD DOWNTREND down 1
GBPCHF DOWNTREND down 1
GBPNZD DOWNTREND down 1
Pairs Trend Direction Phase
AUDJPY sideways
JPY Crosses
CADJPY UPTREND up 2
CHFJPY no trend
EURJPY DOWNTREND down 1
GBPJPY DOWNTREND down 1
NZDJPY sideways
Pairs Trend Direction Phase
AUDCAD DOWNTREND down 1
her Crosses
Other Crosses AUDCHF UPTREND up 1
AUDNZD UPTREND up 1
CADCHF UPTREND up 1
NZDCAD DOWNTREND down 1
NZDCHF sideways
Pairs Trend Direction Phase
GER40 sideways
UK100 reversal
Indices
NAS100 UPTREND up 1
SP500 UPTREND up 1
US30 UPTREND up 1
Pairs Trend Direction Phase
Commodities
GOLD reversal
SILVER reversal
WTICrude
Platinum
Trend Analysis: Draw ELLIOT from Right to LEFT
200 EMA
CC Notes
1 BOS and then 1 st cycle.
1 BOS and then 1 st cycle.
1 BOS and then 1 st cycle.
3 wait for phase 2 end
3 Good Setup to BUY.
3 wait for a pullback. And enter on p1
3 BUY
CC Notes
0 wait for 2nd cycle
1 wait for 2nd cycle
1 wait for 2nd cycle
0 wait for 2 cycles
1 wait for 2 cycles
CC Notes
0 wait for 2 cycles
1 wait for 2nd cycle
1 wait for 2nd cycle
1 wait for 2nd cycle, Weekly end of phase 2
CC Notes
5 promising on weekly,
0 wait for 2nd cycle
0 wait for 2nd cycle
CC Notes
2 trade in progress
0 wait for 2 cycles
0 wait for 2 cycles
1 wait for 2nd cycle.
4 wait for a pullback. And enter on p1
CC Notes
1 2nd cycle wait
1 2nd cycle wait
1 2nd cycle wait
CC Notes
TREND DIRECTION PHASE
UPTREND UP 1
DOWNTREND DOWN 2
NO TREND NOWHERE BUY
SIDEWAYS SIDEWAYS SELL
RANGING
T trend What is the market environment?
R relative Price
A additional analysis
D decide
E expiry
R review & reflection/ risk management
UPTREND UP 1
DOWNTREND DOWN 1
UPTREND DOWN 2
DOWNTREND UP 2
DOWNTREND UP 2
up
Market Condition
1 Determine Sideways/Trending Market
2 Swings and Market Structure:
Identify Swings
3 Higher Timeframe (HTF) Analysis:
Overall Direction
HTF Horizontal Levels
4 Trade Entry Consideration:
First 2 Cycles Exception:
5 EMA Analysis:
Order of EMAs on H4:
Angle of EMAs:
EMA Separation:
Prior Bar:
6 Risk and Trade Management:
News (HIN):
Entry Price and Stop Loss:
Take Profit:
Risk Assessment:
7 Execution:
Execute the Trade:
What to Analyse (H4)
Analyze the price action: is it consolidating, moving sideways, or trending?
Wait for a breakout if the market was ranging.
Look for a retest after the breakout for confirmation.
Are the swings clear (pronounced) or marginal (negligible)?
Look for a break in market structure on H4. If the break is significant, it could signal a trend change or continuation
Check the direction of the HTF (Daily or Weekly).
Identify where the market is in the bigger picture on the HTF.
Gather relevant information from the HTF like trend lines, patterns, or any significant levels.
Draw horizontal support/resistance levels from the HTF.
Is there room for price to move before hitting the next horizontal level? This helps assess potential profit targets.
Check fib retracements
If it’s the first two cycles on H4 and there’s a horizontal level, consider taking the trade unless it was p
#1).
Assess the current EMA setup on H4. Do they show a clear trend direction?
Although you don’t observe EMA order on D1, you can still take note for confirmation.
The steeper the angle of EMAs, the better the signal.
Avoid trading if EMAs have been flat for 2 days or more. If flat for less than a day, it might still be cons
Look for widening or narrowing of EMAs.
1) A widening could indicate trend acceleration,
2) While narrowing might suggest a possible reversal or consolidation.
Ignore the signal if the prior bar hasn’t touched the 8 EMA, unless the EMA angles are very steep, in which c
Check for any upcoming High Impact News (optional). If ignored, ensure you are comfortab
Review your entry price and stop loss based on the risk/reward ratio. Adjust if necessary to account fo
For swing trading, you may choose to delete Take Profit and allow the trade to run, managing it dynam
Evaluate if the trade signal is of low probability or high risk.
Check your risk tolerance – if you have sufficient cushion, you can take the trade, but avoid it if the cu
If all conditions align (market structure, swings, EMA angle, HTF analysis, and risk management), ente
Use your workflow to continuously monitor and adjust positions as needed.
Chart A
Timeframe : Weekly
Question:
1) What is the Overall Trend?
2) Draw Week High/Low and Major Supports
Just look for Overall Direction(Long Term)
To Identify long Term Direction,
1) Check for 50 and 200 EMA
2) Check distance between them
3) How Wide are they?
• I am playing a GAME of PROBABILITY
• Taking HIGH PROBABILITY SETUPS to put the ODDS in my Favour Long term
• ACCEPT WINNERS AND EXPENSES, BECAUSE EVERY BUSINESS has these
• THIS COULD HIT MY TP OR MY SL AND I AM OKAY WITH BOTH OUTCOMES
• FOLLOW MY RULES AND THINK I AM A RISK MANAGER
COMMON PHRASES WE HEAR FROM NEWBIES
1) I THINK IT WILL GO UP/DOWN
2) I THOUGHT IT WAS GOING TO GO UP BECAUSE THERE WAS A SIGNAL
3) I KNEW IT WOULD GO UP
4) I'M FRSUTRATED BECAUSE I THOUGHT IT WOULD GO UP
5) I HAVE TO TRADE BECAUSE OF IMPATIENCE
Chart B
Higher Time Frame(HTF): Daily
Question:
1) Do I have a clear trend?
2) Are my EMA's in the correct order and Trending?
3) Is Price Action Pulling back to an EMA OR Level & Potentially at the start of Phase 1?
Look for Phase 1 and Phase 2 Cycles
Long Example:
Chart if Bullish, then Chart B,
1) Wait for 8 over 20 EMA,
2) wait for Phase 2.
3) Wait for 2 Cycles
Y
put the ODDS in my Favour Long term
ECAUSE EVERY BUSINESS has these
D I AM OKAY WITH BOTH OUTCOMES
A RISK MANAGER
BIES
CAUSE THERE WAS A SIGNAL
T WOULD GO UP
NCE
Chart C
Lower Time Frame(HTF): H4 (180PC) & H1(T-Wave)
Question:
1) Have the EMA's recently Crossed in the Direction of the HTF Trend?
2) Do I See 180PC - T-Wave Flashing Signal Early after the EMA's Crossed & Touching an EMA?
Wait for 8 crossing 20 in the direction of Chart B which is Long in this case.
Then as 8 Crosses 20 above, You can take a trade immediately after the cross for 180PC and T-Wave.
More Conservative Approach: Take the trade after One Cycle (optional).
Cycle=Retest to EMA
Daily Trends
DAILY H$
Asset Pair Trend Phase
1 USD Pairs AUDUSD
USD Pairs EURUSD
FX MAJORS
2
3 USD Pairs GBPUSD
4 USD Pairs NZDUSD
5 USD Pairs USDCAD
6 USD Pairs USDCHF
7 USD Pairs USDJPY
8 EUR Crosses EURAUD
9 EUR Crosses EURCAD
10 EUR Crosses EURCHF
11 EUR Crosses EURGBP
12 EUR Crosses EURNZD
13 GBP Crosses GBPAUD
14 GBP Crosses GBPCAD
15 GBP Crosses GBPCHF
CROSS PAIRS
16 GBP Crosses GBPNZD
17 JPY Crosses AUDJPY
18 JPY Crosses CADJPY
19 JPY Crosses CHFJPY
20 JPY Crosses EURJPY
21 JPY Crosses GBPJPY
22 JPY Crosses NZDJPY
23 Other Crosses AUDCAD
24 Other Crosses AUDCHF
25 Other Crosses AUDNZD
26 Other Crosses CADCHF
27 Other Crosses NZDCAD
28 Other Crosses NZDCHF
1 USD Pairs AUDUSD
USD Pairs EURUSD
FX MAJORS
2
3 USD Pairs GBPUSD
FX MAJORS
4 USD Pairs NZDUSD
5 USD Pairs USDCAD
6 USD Pairs USDCHF
7 USD Pairs USDJPY
H$
CC
2-Feb
DAILY
Asset Pair Trend CC
1 AUDUSD up 2
EURUSD
MAJORS
2
3 GBPUSD
4 USD Pairs NZDUSD
5 USDCAD
6 USDCHF
7 USDJPY
8 EURAUD
9 EURCAD
10 EUR Crosses EURCHF
11 EURGBP
12 EURNZD
13 GBPAUD
14 GBPCAD
GBP Crosses
CROSS PAIRS
15 GBPCHF
16 GBPNZD
17 AUDJPY
18 CADJPY
19 CHFJPY
JPY Crosses
20 EURJPY
21 GBPJPY
22 NZDJPY
23 Other Crosses AUDCAD
24 Other Crosses AUDCHF
25 Other Crosses AUDNZD
26 Other Crosses CADCHF
27 Other Crosses NZDCAD
28 Other Crosses NZDCHF
29 GER30
Indices
30 UK100
31 Indicies NAS100
Commodities Indices
32 SP500
33 US30
34 WTICrude
35 GOLD
36 SILVER
37 Commodities PLATINUM
H4 H1
Trend CC Trend CC
Notes
13-Oct-24
DAILY
Asset Pair Trend CC
1 USD Pairs AUDUSD
USD Pairs EURUSD
MAJORS
2
3 USD Pairs GBPUSD
4 USD Pairs NZDUSD
5 USD Pairs USDCAD
6 USD Pairs USDCHF
7 USD Pairs USDJPY
8 EUR Crosses EURAUD
9 EUR Crosses EURCAD
10 EUR Crosses EURCHF
11 EUR Crosses EURGBP
12 EUR Crosses EURNZD
13 GBP Crosses GBPAUD
14 GBP Crosses GBPCAD
CROSS PAIRS
15 GBP Crosses GBPCHF
16 GBP Crosses GBPNZD
17 JPY Crosses AUDJPY
18 JPY Crosses CADJPY
19 JPY Crosses CHFJPY
20 JPY Crosses EURJPY
21 JPY Crosses GBPJPY
22 JPY Crosses NZDJPY
23 Other Crosses AUDCAD
24 Other Crosses AUDCHF
25 Other Crosses AUDNZD
26 Other Crosses CADCHF
27 Other Crosses NZDCAD
28 Other Crosses NZDCHF
29 Stocks, Indicies & Commodities GER30
S 30 Stocks, Indicies & Commodities UK100
I 31 Stocks,Indicies&Commodities NAS100
C 32 Stocks, Indicies & Commodities SP500
33 Stocks, Indicies & Commodities US30
H4
Trend CC Notes
H1
Trend CC
Daily Trend Tracker 24-Nov-24
Pairs Trend Direction Phase
AUDUSD ` down 1
EURUSD DOWNTREND down 1
FX MAJORS
GBPUSD DOWNTREND down 1
NZDUSD DOWNTREND down 1
USDCAD UPTREND up 2
USDCHF UPTREND up 1
USDJPY UPTREND up 2
Pairs Trend Direction Phase
EURAUD DOWNTREND down `
EUR Crosses
EURCAD DOWNTREND down 1
EURCHF DOWNTREND down 1
EURGBP DOWNTREND down 1
EURNZD DOWNTREND down 1
Pairs Trend Direction Phase
GBPAUD DOWNTREND down 1
GBP Crosses
GBPCAD DOWNTREND down 1
GBPCHF DOWNTREND down 1
GBPNZD DOWNTREND down 1
Pairs Trend Direction Phase
AUDJPY sideways
JPY Crosses
CADJPY UPTREND up 2
CHFJPY no trend
EURJPY DOWNTREND down 1
GBPJPY DOWNTREND down 1
NZDJPY sideways
Pairs Trend Direction Phase
AUDCAD DOWNTREND down 1
Other Crosses
AUDCHF UPTREND up 1
Other Crosses AUDNZD UPTREND up 1
CADCHF UPTREND up 1
NZDCAD DOWNTREND down 1
NZDCHF sideways
Pairs Trend Direction Phase
GER40 sideways
UK100 reversal
NAS100
SIC
UPTREND up 1
SP500 UPTREND up 1
US30 UPTREND up 1
Pairs Trend Direction Phase
Commodi GOLD reversal
SILVER reversal
CC Notes
1 BOS and then 1 st cycle.
1 BOS and then 1 st cycle.
1 BOS and then 1 st cycle.
3 wait for phase 2 end
3 Good Setup to BUY.
3 wait for a pullback. And enter on p1
3 BUY
CC Notes
0 wait for 2nd cycle
1 wait for 2nd cycle
1 wait for 2nd cycle
0 wait for 2 cycles
1 wait for 2 cycles
CC Notes
0 wait for 2 cycles
1 wait for 2nd cycle
1 wait for 2nd cycle
1 wait for 2nd cycle, Weekly end of phase 2
CC Notes
5 promising on weekly,
0 wait for 2nd cycle
0 wait for 2nd cycle
CC Notes
2 trade in progress
0 wait for 2 cycles
0 wait for 2 cycles
1 wait for 2nd cycle.
4 wait for a pullback. And enter on p1
CC Notes
1 2nd cycle wait
1 2nd cycle wait
1 2nd cycle wait
CC Notes
8 EMA 20 EMA 50 EMA 200 EMA
TREND DIRECTION PHASE
UPTREND UP 1
DOWNTREND DOWN 2
NO TREND NOWHERE BUY
SIDEWAYS SIDEWAYS SELL
RANGING
T trend What is the market environment?
R relative Price
A additional analysis
D decide
E expiry
R review & reflection/ risk management
UPTREND UP 1
DOWNTREND DOWN 1
UPTREND DOWN 2
DOWNTREND UP 2
DOWNTREND UP 2
Trend Analysis: Draw ELLIOT from Right to LEFT
up
Daily Trends
DAILY
Asset Pair Trend Phase
1 USD Pairs AUDUSD DOWNTREND 1
2 USD Pairs EURUSD DOWNTREND 1
MAJORS
3 USD Pairs GBPUSD DOWNTREND 1
4 USD Pairs NZDUSD DOWNTREND 1
5 USD Pairs USDCAD UPTREND 1
6 USD Pairs USDCHF UPTREND 1
7 USD Pairs USDJPY UPTREND 2
8 EUR Crosses EURAUD DOWNTREND 1
9 EUR Crosses EURCAD DOWNTREND 1
10 EUR Crosses EURCHF DOWNTREND 1
11 EUR Crosses EURGBP ranging
12 EUR Crosses EURNZD sideways
13 GBP Crosses GBPAUD DOWNTREND 2
14 GBP Crosses GBPCAD DOWNTREND 2
CROSS PAIRS
15 GBP Crosses GBPCHF DOWNTREND 1
16 GBP Crosses GBPNZD sideways
17 JPY Crosses AUDJPY sideways
18 JPY Crosses CADJPY reversal
19 JPY Crosses CHFJPY DOWNTREND 1
20 JPY Crosses EURJPY DOWNTREND 1
21 JPY Crosses GBPJPY DOWNTREND 1
22 JPY Crosses NZDJPY DOWNTREND 1
23 Other Crosses AUDCAD sideways
24 Other Crosses AUDCHF sideways
25 Other Crosses AUDNZD UPTREND 2
26 Other Crosses CADCHF UPTREND 1
27 Other Crosses NZDCAD DOWNTREND 2
28 Other Crosses NZDCHF sideways
H4
CC Trend Phase CC
1 no trend
2 down 1 1
1 down 2 2
3 down 2 2
3 no trend
3 uptrend 2 2
3 down 1 0
0 down 1 3
1 down 2 2
3 down 1 0
2 up 2 2
1 reversal
2 down 1 0
sideways
reversal
down 1 0
0 down 1 2
0 down 1 2
0 down 1 2
0 down 1 1
ranging
down 1 0
1 down 1 0
1 down 1 0
4 reversal
reversal
H1
Trend Phase CC