sRs PRO - Using market volatility in our favor

Forex scalping on 15-minute charts using the SRS Pro framework. Learn to spot double-tops, ABC waves, and divergences across EUR/GBP, AUD/USD, and other pairs, with conservative and aggressive entry styles and stop-loss placement for each setup.
Chapters
Hi traders, so last week ended at— where was that— the 9th. So 5th until the 9th, this is the days that we're going to be covering, basically up to here somewhere. Let's increase the pace and we're gonna cover as many as possible. You Euro pound, 15-minute chart. Okay, scalping trade sentiment three out of three bearish. This is a pretty good sign. Momentum only one is currently not agreeing, which is again a good sign. And then when we look at the higher time frames monitors, last few candles are also bearish. And of course on the lower time frame we had here during the pullback. Some bullish candles, but this is exactly what we're looking for, right? If the trend is bearish, we want to see the pullback that we're going to be selling. So perfectly fine to see that. And then the most important part, what are we doing here? So it's very simple action. We're drawing a trend line, okay? The price moved lower here, we can see that clearly. Up move, being rejected. Price goes back below that zone, and then multiple times we're trying to go ahead and continue higher, but it's being rejected. All right, so once, uh, we have this kind of double bottom here between these 2, we can be doing 2 things. First thing is, if you want to be a bit more conservative, you can draw the middle point, the lowest point in between these 2, which in our case will be something like that, right? This very tiny spike is the way I see it, the lowest point. So you could be waiting for this kind of low to be broken in order to be selling, or a bit more aggressively, you can be doing the trendline. Okay, and in this case, it doesn't matter if we're going to be doing it like this or from the bottom, uh, more or less we're getting the same validation or the same signal with the end of this candle for the sells. Now, this is not a perfect setup, and the only thing for me that I don't like is this part, okay? But overall, I believe it's tradable and And this is how it ended. It pushed lower on the next candle. So even if we're going to be looking for the more conservative part, that would also be triggered. And again, it would be pushing above the previous highs. In such situations, what you can be doing is to protect the next zone, which is this one. Why? Because this is the actual level. And at that point, we can't really go ahead and protect here because after that, the candles are showing that we have a high above. But in such situation, uh, look at the stop loss that we're going to be using, right? This entire move must be provided by the market to the downside, and that means you need to be correct and you need to get this in order to collect some targets here and some money. So there is always a trade-off when it comes to where the protection would be, and once you start gaining the experience with the given strategy, you'll start adapting. Aussie Kiwi, 15-minute chart. Once again, we have a clear bullish trend, and even without the indicators, okay, We can see on the lower timeframes what's happening. Price starts creating higher highs. We're keeping the lows as well going up, and then the price is simply continuing without even being able to create here red candles. That doesn't mean this kind of setups, for example, we have very tiny pullback breakout right here. Could be traded. This kind of move, in my opinion, could be traded. This one I don't like too much, to be honest. But the previous two definitely, definitely I would be looking to trade them. Then we have the one that is shown here on the chart. This is again our double wave. Looks very similar to this one. This is our breakout, right? And the attack again, very, very tiny exposure, very tiny exposure. If the price and the momentum is lost, we don't want to be involved here. We want to get in quickly, get out quickly, put some money in the pocket. If it starts doing something not expected by us, we're simply going to cut the trade and not guess What kind of structure we might be getting later on, right? So this is about Aussie Kiwi pushed higher and delivered Aussie dollar is another one. This is also pretty pretty straightforward situation: sentiment bearish momentum bearish two out of the three. And here the picture is clear. If we go ahead and draw a line. Around these, uh, highs, we can see we have the double top. And this is probably the— a bit more advanced here, which, uh, you could be benefiting from. So basically, double top, we're breaking below, we have a clear strong zone right here, okay, approximately this level. And here we can see it as well. So overall, if I would be selling and there will be no trigger here I would follow up this level, this entire zone. So let's say something bigger starts developing, okay, and you get kicked out in the first one, and then you see this. As long as it holds inside this zone, I will be looking for a possible second entry. But let's, let's focus on the current situation. So here we had the double wave The price is inside the zone that we just mentioned now, and we have the breakout structure. A few candles passed, right? Because that couldn't gain the momentum. It was kind of flat move consolidation inside here, and then we start gaining the bearish momentum with this candle. So this is where we are getting the signal. So as I said, this sell again. A bit more aggressive, all right, because of that. But if you're following it and you believe that could be still the same direction, you could be looking for this. Okay, so that's the interesting part on Aussie dollar. Let's cover one more euro cut and then we can switch to SRS too. This is pretty, pretty straightforward again. Probably a bit better ABC here on EuroCAD breakout and continuation lower. On this part, we can also, at least in my opinion, count it like this. So could be expecting another wave to the downside given the fact that the higher time frames are already bearish as well. Especially if you know how to use divergences, you can be Confirming the lack of divergence here. If there is no divergence, this trade becomes even more powerful. So this one is interesting. And there was this one. Yeah, this one I wanted to share. So look what's happening here, guys. And those kind of situations I really love. This is your ABC and this is your low. This is the lowest part. During the pullback. So now we don't get just the trendline breakout, but we are also getting the low breakout, which is a good confirmation because within one candle we get double confirmation, right? And this kind of setups I really do like. So keep that in mind if you're looking for something more conservative when you see this kind of setups, be aware that they usually deliver very, very nicely. Next, let's switch to SRS 2. You can just click this button here and it will load the other images, right? For this one, we have only 3, 3 trades up until the 5th. EUR/AUD One of them. Let me just change the color. Okay, euro Aussie. This is the inner structure, right? Which could be looked as a bigger wave right here. So ABC and then ABC, and then we can split it even the 15-minute chart. With an ABC here as well. So some people like trading it a bit more conservative, and once you identify the bigger structure, then the smaller structure, then they are dropping and trying to figure out the last wave. Okay, which is this one, and here we have double wave as well, or at least even if it's not a double wave and your projections and everything else is pointing to that zone to be a reversal. As we have here false breaks, I believe from what I remember multiple divergences. I think we had here as well. So it could be a bit more aggressive. It could be it could be a bit more conservative with the bigger one. Okay, and of course we need a signal. Right? This is where we managed to get the push up. If let's jump to the next one, which is recovered euro Aussie Kiwi. Now Kiwi again, it's pretty straightforward, guys. Just double wave coming after this massive push lower. This massive push lower could be split into this kind of structures. Basically, here we have the impulsive wave or what we expect. To be the impulsive wave, meaning that we want to see the price crossing the previous, the most recent low right there again. Um, this is where we got the double wave. This is where we got the rejection with this double top. So same story applies as with the one we explained before. We have a low and we have a trendline breakout. If you want to be more conservative, you can be waiting For this to be broken as well, right? And usually that could be done in situations where the difference right here between the trend line and the low is not too too big. Because if you have something like this, and then the breakout is happening right here, and the low of the ABC is right here, the middle part, right? Is right here. Then it doesn't make sense. Because technically speaking, you will be already collecting target one here by the time this low is broken, right? So being more aggressive here makes sense. But if it's just a matter of a few pips, no, I cannot draw it like this. But I think you get the point, right? If this distance is not That dramatic as in this case, I think being conservative for those who like doing that could be also beneficial. Let's cover the last one. It's just three trades, so I think we have time. This is also classical situation here. We covered it, I think, in the previous one with SRS Pro. The big ABC. So you could be trading something like that. Okay, even though technically speaking the trend line here is a bit trickier because this this high is pushing the trend line further away. Then we have the smaller waves and here we got the push up, right? Which on the lower time frames I think it was identified as an impulse. Right, even though we still have aggressive setup, but the price action is confirming it. So something like that happened. This is where we got the ABC, and now the trend appears to be changing. So we can be attacking the ABC structure here with a breakout. Again, you have a high here, which if you prefer, you can be waiting for this height to be broken before you attack. Strictly a matter of preference. And I guess that's pretty much for both of them. I invite you and encourage you guys to check out our free Telegram channel, the link to which you can find below in the comment section. Plenty of materials are shared there. I'm sure you can Extract a lot of info from that. And of course, the Traders Academy Co-op. If you're serious about your education as a retail trader, definitely give it a shot. Check it out what we offer and how we could be helpful to you. And of course, looking forward to see you there. So have a wonderful week, and if you have any questions, do not hesitate to leave a comment below, guys. Bye for now.
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