I got nosy, and looked at someone else's post. Since I need my lines to make a decision on that market, I had no idea if it was a tradable market, and in fact I have never traded this market and never will because it's not a USD pair. So I thought it would be fun to look at a market that was completely unfamiliar to me, and show you how I would decide on a trading...
This is a good example of using support to your advantage when trading. If you look at the two highlighted areas at support price created bullish engulfing candles. It was a matter of time before price was going to take off. Finally price slow down giving some consolidation this could be a potential entry for a buy. Been able to secured an overall of 160 pips...
Welcome to our Academy. We’re here to help you achieve what you have been looking for. Use our free analysis where you have everything you need for potencial trade ideas and profit. GBPAUD – Buyers on winning steak Trend: Buy/ Neutral Support/Resistance: R1: 1.93938 S1: 1.90920 S2: 1.89110 S3: 1.86518 Price action: Market is showing some bullish...
the story of EURAUD lets wait and see this is a tutorial of how the market structure works
This is a Textbook Type 1 trade. All 4 horseman aligned. A good solid breakout. minimal draw down and runs to Profit target. Allen
Welcome to our Academy. We’re here to help you achieve what you have been looking for. Use our free analysis where you have everything you need for potencial trade ideas and profit. AUDJPY – Trying to prove new highs Trend: Buy / Neutral Support/Resistance: R4: 78.514 R3: 77.513 R2: 76.287 R1: 75.702 S1: 74.311 S2: 73.346 Price action: Overall trade...
Welcome to our Academy. We’re here to help you achieve what you have been looking for. Use our free analysis where you have everything you need for potencial trade ideas and profit. GBPAUD – Sellers still on bearish side Trend: Strong Sell Support/Resistance: R2: 1.95436 R1: 1.91019 S1: 1.85032 S2: 1.82091 S3: 1.79908 Price action: Overall flow is...
Placing a stop, finding a target...going to bed. How I managed a trade that is not moving well.
GBPAUD – Sellers might try lower points to test buyers.. Trend: Strong Sell Support/Resistance: R3: 1.90356 R2: 1.89011 R1: 1.88161 S1: 1.86490 S2: 1.85757 S3: 1.84321 S4: 1.83031 Price action: Buyers and Sellers might be at decisional spot. If we compare both sides, we a clear that buyers didn’t show any power. Do you think they are still...
EURAUD – Sellers keep moving forward Trend: Sell Neutral Support/Resistance: R3: 1.61807 R2: 1.60908 R1: 1.60468 S1: 1.59558 S2: 1.58804 S3: 1.57752 Price action: This trade is very good to understand reversals. In this case you can see overall buyers zone, but if we compare both sides momentum flow, then we can understand that Aud currency is...
Judging realistic entries and targets with higher time frames.
Comparing two other traders. Also "planting the seed" with an idea or two for traders looking to expand their technique. Bitcoin brief followup.
please, Follow our instructions as mention on the chart.
GBPAUD – Buyers with strong momentum Trend: Strong Buy Support/Resistance R4: 0.95652 R3: 0.93997 R2: 0.92350 R1: 1.90811 S1: 0.89306 S2: 1.88122 Price action Buyers helding trending position very strong. If the price break R1, then price will follow next resistances. The problem here might be gaps lower, but still it looks that sellers are nowhere. I...
Using a set amount for SL and TP for different pairs and time frames is not effective money management. Using the ATR for a specific pair and time frame lets you custom yur SL & TP for what that pair actually moves. ATR 1D takes the last 14 candles and adds up then up together and then divides that figure by 14. Now you have an average of how much that pair moves...
Dears, please, follow our instructions as mention on the chart. thank you and good luck.
Dears, please, follow our instructions as mention on the chart. Good luck