1hr
Back Test: GBPNZD (4a) 1-hr1-hr chart
EMA Strategy: GBPNZD
Short
Trade Entered @ 11:00 AM Wednesday 26/12/2018
Checklist for Short:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as resistance -
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern -
5. Long Upper Shadow, Short Lower Body
Risk
- Holidays, so charts might behave funky
Back Test: GBPNZD (3a) 1-hr1-hr chart
EMA Strategy: GBPNZD
Long
Trade Entered @ 12:00 AM Monday 24/12/2018
Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as support -
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern
5. Long Lower Shadow, Short Upper Body
Risk
- Christmas Eve, so charts might behave funky
EMA Strategy: GBPJPY1-hr chart
EMA Strategy: GBPJPY
Short
Trade Entered @ 9:00 AM Friday 21/12/2018
Checklist for Short:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as resistance-
3. Reversal Candlestick Pattern -
4. Long Upper Shadow, Short Lower Body
5. Price broke through support from consolidation zone -
Back Test: EURUSD (3*)1-hr chart
EMA Strategy: EURUSD
Short
Trade Entered @ 11:00 AM Wednesday 19/12/2018
Checklist for Short:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as resistance -
3. Reversal Candlestick Pattern
4. Long Upper Shadow, Short Lower Body
Risk
- Price needs to break EMA (25, close) on 4 hr chart and close beyond previous support level
Back Test: GBPNZD (1b)Long
Retest Strategy: GBPNZD (Not EMA)
Checklist for Long
1. Retest at support -
2. Support holds -
3. Reversal Candlestick Pattern -
4. Long lower Shadow, Short upper Body -
5. Bullish Doji -
100 pip TP based on 4-hr chart
Could set TP to 50 pips for shorter timeframe (1-hr chart)
EURUSD DOWNTREND PREDICTED FOR TODAY!Pair Currency: EURUSD Trend Predicted: DownTrend EURUSD has been predicted for a downternd for today. After analysing potential indicators and fundamental analysis, we have predicted that EURUSD will show a sign of downtrend until today evening.
Like and Comment for more updates coming!