Jordan reviews trades from the week of March 26-30 using SRS Pro and Trend Rider 2 software, walking through Euro/Kiwi, AUD/JPY, GBP/JPY, and GBP/CAD setups. He shows how to place targets just above or below swing highs and lows to catch full moves, and explains entry zones, stops, and exit timing for each pair using price-action patterns and momentum confirmation.
Chapters
Hello everyone, this is Jordan. It's Monday, so it's time for our weekly summaries. Currently we're looking at the SRS Pro, as you can see. In this video we're going to cover SRS Pro and SRS Trend Rider 2. So let's begin. Previous week Started from the 26th, so basically Monday through Friday to the 30th, starting from the 26th, which means Euro Kiwi was the first one on the list. That was a profitable trade. And let's see what do we have here. First of all, sentiment bearish, momentum 3— sorry, 2 out of the 3 bearish. These 2 monitors which are showing the higher time frames bearish. Right, and what do we have in terms of price action? It's kind of simple. Again, we have bearish structure. This bearish structure created first false break, second false break, and then we got the pullback. Now this double wave up is not really classical. It's for some maybe even not correct. However, we do have some kind of structure to the upside in, in a double wave form, right? The more interesting part in my opinion here is the fact that we're going and breaking the previous low. So whether you're looking at it as double wave or you're looking at it as a breakout of the low, kind of step trading situation, right? Um, during this candle we got both of these scenarios, which means we We are looking for the sales, and the first target was reached. Unfortunately, it was slightly below the previous swing low. Usually, when I'm talking to other students in the Telegram groups and so on, I recommend that the target which you're going to place will be. Above the swing low, right? Or if this is your target and this is your swing high, the target should be somewhere around here. Otherwise, you're risking the situation where this kind of story is happening and your target is right here and you miss it just for a few pips. In this case, yeah, we do have overall, um, conditions which are suggesting stronger move down. It's not just some scalp against or anything, but, uh, we can expect the price to push even further lower. So in this case, it delivered, even though afterwards you can see what's happening— we're getting a pullback, right? Or whatever is going to happen, but there is a reaction. So this is why it's important to not go too far away From the previous swing low or swing high when it comes to the targets. Ideally slightly above or slightly below if it's the high. Anyway, this is something else. Um, what else do we have? AUDJPY for the sales. And here the situation again pretty classical, this push-up We had this trendline breakout, then false break, which means that could be updated. And again, trendline breakout and break to the downside, started gaining the momentum, right? And this is where we have another ABC. To me, that looks like, um, idea of potential impulsive wave ABC. So let's say that would be Something like wave number four for me, and I would be expecting to see wave number five down. Pushed lower this time; it couldn't take the second part in break even. We managed to get the second portion of this trade as well. So overall, Aussie yen delivered very nicely. Pound yen was another yen pair. Which we attacked, and here the situation is very similar to the OCN. First two waves actually this one could be split like that, right? In order to complete the five leg structure. Then you have this one, and then you're looking for continuation lower. Okay, so this is where we have sorry let's use. The actual line. This is where we get the trendline breakouts, and it starts to look good. Now here, it's interesting to see that the levels are pretty strong. The stop was wherever it is, and this spike approximately right here. We can see the zone is right here. Um, so look what's happening when it comes to price action. We're going up A rejection number one from this zone, pullback, another attempt to continue higher, break above and close above the zone, and then rejecting it and switching again to the downside, this time with trendline breakout. So if we have sentiment and momentum supporting to out the trade, right, we can see the strong bearish pressure on the higher time frames level. Rejected, and then we have breakout. So again, very, very classical situation with first target collected there. And last one, let's cover it also. We don't have too many, so it's fine. We have the pound CAD. For pound CAD, um, we can have multiple ideas here. First of all, Triangle, false break of this triangle, right? Even though this was holding, then that could be a redrawn, I guess. And then we have this kind of situation, uh, situation, situation. So break above right here, push up, that would be target already, by the way. Then we have a rejection again, coming closer to the downside. This time we have something like ABC here, right? Again, maybe not classical, but on the very last part, since the last pullback right here, look what's happening. We have first wave pullback, second wave consolidation, and And that creates for us an impulsive structure. So after this impulsive structure, we can be expecting the price to continue higher. And again, maybe this is not the most classical waving here, but still works good. Also, we can see that we have levels, and these levels are rejecting the price right here, okay? And the price starts to push to the upside. So maybe a bit more aggressive for some people, um, but somehow still worth the shot and the attack. As we can see, as soon as the price is going lower and trying to continue down based on these levels, it's time to exit. No need to fight it, guys. Okay, no need. That's about SRS Pro. Let's quickly cover a few trades from, um, SRS 2. All right, here we have the pound Aussie, which was aggressive buy setup, right? Down structure on the higher time frames, but let's not involve the higher time frames because it could become a bit more complex for some. Let's follow the rules of the software. We have the aggressive buy, we have the ABC, and we have the trendline breakout. That's it, right? As simple as that. Now here we can be playing a bit with the levels, and we should be actually paying attention to those things because this is the zone approximately in which the pair is playing ever since This moment. Okay, so you can see what's happening: false breaks, double bottoms, false break, and then again another false break right here. So clearly the price is respecting this zone and it's rejecting this level and it's trying to continue higher, especially after the second false break. Starts to look very, very decent. Pushed up almost in one wave, right? Not almost, it is actually one wave. And again, if that's our range, we want to be looking for the targets very close to this top of the range. In this case, it's just a few pips above it, but after such momentum You may want to even cash out partial here and let it continue, right? Maybe get something more out of it. Dollar CAD for the buys, also amazing call from our live trading rooms. Here we have the push-up, right? Extremely strong. So this is our last pullback, and this is where It started creating the new structure. So one, two, at least for me, that suggests wave number four here. And after the breakout of this pullback structure, I'm expecting it to continue higher. At least this is how I read it. Of course, now here we got the breakout. The entries there. You also see this previous high. Where the price is attempting to break. We can also see that the price broke and it was holding for a few candles and then the momentum struck. So breakout, no pullbacks, no nothing, just holding this breakout zone. All right guys, so that would be all. Don't forget to check out our Telegram channel. It's completely free. Plenty of useful stuff you can find there. If you have any questions, leave your comments below and either me or Vlad are going to reply to you. Bye for now.
