Weekly breakdown of sRs Pro trades across DAX, QEM, AUD, EUR/GBP, QN, and silver using wave counts, momentum indicators, and price action. Key setups include a bearish DAX double-wave ABC, a bullish QEM consolidation entry, and a silver breakout-to-downside trade emphasizing naked price action over indicators.
Chapters
Hello everyone and welcome to the weekly performance video for SRS Pro. All right, so let's begin. First one is the German DAX. This one is pretty clear and pretty obvious. We are running a bearish trend here. Sentiment 2 out of 3 showing to the downside, momentum 2 out of 3 to the downside, and then looking at the monitors, at least on the last part of the candles right here, we can see that all of them are now bearish. So this is the place where we get Another push below, going and breaking, still keeping the highs. Double wave up. This is where we can also draw trend lines if we want, right? And basically the attack. So this is more or less the first example coming after ABC pattern. Next one on the list we have is Sorry, QEM. In this case, the situation is slightly different because we have bullish trend. This time the momentum is much stronger. We have all three time frames pushing to the upside. Sentiment only the fifteen minute chart. The current the current time frame suggested that the sentiment switched down during the moment of the entry. But right here, and this is the biggest difference in my opinion with the previous example, we can see that the higher time frames are clearly in a bullish momentum here. The past, I think we have 5 candles here on the 1-hour, on the 4-hour chart pushing up. The momentum on the higher time frames here is very strong, guys. So this setup in my opinion is much stronger in terms of higher time frames and overall trend direction. And in terms of the actual entry, we can count it— at least I do count it like this, okay? Some people might count it like that, which would, would be also Correct to be done because after all this is consolidation, right? And this is what counts. So overall we have two waves here. The price is stopping right there, and especially this zone we must pay close attention to. I'm not sure why I draw it like this all the time, but yeah, this is more or less the zone. So as we can see, the price false broke this level here. Okay, didn't even touch this spike, but false breaking that zone. And then this bar couldn't change to, to blue, but it shows us that we have momentum. And after this breakout, I believe we have a good idea for a buy here. This one pushed higher and I mean, looking overall, the bigger picture, it makes much more sense, right? Everything is bullish. So this quick scalp on the 15-minute chart is supposed to bring us some nice profits almost immediately. Aussie dollar, on the other hand, is something else that we traded. This time we were looking for the sells. That turned out to be wrong, uh, but the idea here was Very simple. First of all, 4-hour chart, 1-hour chart, both of them are showing very, very strong bearish momentum at that stage, right? Trending to the downside. Then the sentiment is again absolutely agreeing with whatever, whatever we see on the monitors, and only momentum is lacking, uh, the 1-hour chart being bullish here. Which on the other hand gives us the conservative signal. And then we can also check the price action. Now when I'm mentioning the price action, guys, don't feel obliged to do that on your own as well, okay? Uh, but if you understand a bit of price action, that will help you tremendously. So the way I'm looking at this count is that, all right, so we have the first, the second wave, third wave, fourth wave somewhere up here, and then we're expecting one more push lower to be provided. In this case, the stop loss, uh, is here because after all, um, We have bigger spread. This is, as you can see, around midnight. Plus, in case this count is wrong, okay, and we go for deeper pullback here, something like that, we want to be protecting the next level. This is pretty much the zone right here. Not just that one. So basically, the ABC that we were looking for, ABC right here, could be then transferred into a larger ABC, which is composed of again two waves. Okay. So yeah, this is. Probably where, um, I don't know, guys. I don't know. I mean, the, the way it looks at that stage, at least to me, seems like a very good setup for attacks and breakout here. I don't think we can say much more about this one. Let me see. Euro pound is interesting on its own. Because this time, well, of course we can count it as 1, 2, 3, right? ABC pattern. But for me, this is not really an ABC, or at least not a valid one, because this wave is much larger than the second wave. And, um, honestly, the trend is so strong here. We can see that with this push to downside that the 4-hour chart, after the bullish candles, it managed to switch to red. 1-hour chart is already supporting us. No comment on these 2. So the only thing we're left off here is the actual setup. And in that case, as I said, we got the breakout. So basically we're trying to create ABC, a rejection, and immediately We're breaking below it. So in my opinion, that makes sense. Probably a bit more aggressive than usual, but still, we cannot ignore what happened before that, right over here. I mean, this is really, really strong. And let me just go back here for a second. Okay, so just drop it here. Look at this zone and then this, okay, this entire rectangle. It just came to that zone, continued lower, and what happened before that? Push, Pullback, holding the lows, creating new high, holding the previous lows, continuation higher, and then on the way back, it's like this zone never existed. Okay, so those are very, very extremely simple things, the way the market is behaving around those levels. But once you start paying attention to them, it really changes your perspective of Whatever you're watching at. So please keep in mind about these things, guys. QN, this is also another double wave here, and the idea was to look for breakouts and continuation to the downside after a double top. This one, I guess, not really interesting. The euro yen silver. Let me see if we have anything important. Well, yeah, the momentum here. You can notice that probably one of the aggressive, the few of the aggressive signals that we take this time coming on silver. What I wanted to mention about silver is again based on price action. The software as it is works great. I have nothing against the software, but checking the price action. And that applies to literally any strategy or trading method that you're going to trade now or in the future, guys. The price action tells you everything. Think about it this way: you can trade the market without any indicator. In a way, it's called naked trading, right? You just look at the price action, candle bars or bars, and you can take decisions based on that and make money. On the other hand, you cannot trade indicators alone if you don't have price action. So this is where it all starts from, and if you understand how to read and appreciate the market and everything that contained— is contained inside these candles, you will become a much better trader. So as I started, look at this push lower. The price starts going down slow, okay, but still pushing lower. This high was never broken to the upside, all right? And we're actually creating some kind of swing highs to the downside, lower highs. Um, so this is where Technically speaking, the setup came. We had one here also, which in my opinion would be tradable. The problem with this one is the trend line. Okay, so at the time of breakout, look where your stop loss would be, and you're already reaching the bottom. Not that this one is much, much, much better. Okay. Okay, in terms of entry here and the swing. So basically measuring this distance, but still we have approximately 1:1. In this case, you're already at the bottom. Okay, so that is something to pay attention to also. Anyway, this is the setup. As we saw, it pushed higher and it hit the stop loss, and one more One more, one more. The door cut correct. This is the 15-minute chart again. Two out of three for both sentiment and momentum. One-hour chart strongly supporting the bullish side. 15-minute not so much. Four-hour chart not so much. Okay, so you can see even from these two right here. That it is not the best setup. And when you take not the best setups, usually you pay for it. Um, but anyway, why did we take this setup? Amazing push to the upside, level broken. Okay, this zone was taken and the price stands in a consolidation zone now, right here. This is where it changes to the upside. And as opposed to this switch right here, which would be a signal as well, this time we actually have kind of a breakout to the upside. Okay, that could— if we draw the lines correctly, it could probably be drawn as a Um, triangle of some sort. Okay, something like this. But overall, even if it's not a triangle and we look at this, it's pretty much going and breaking above it, and this is creating now a new high. So the assumption is more or less that a consolidation will be followed by New highs here, creating and continuing with the momentum. Unfortunately, this is not what happened. All right, guys. So I'm going to stop here because we can go forever. If you have any questions, any questions at all, leave your comments below. I'll be happy to reply. Vladimir as well. Of course, make sure to check out our Telegram group. It's absolutely free. We post a lot of. Information there, such as education, such as trading setups. So follow up there. You can click on the link below and join. That's it. Bye for now.
