SELL EURCHFPure suport and resistance backed by EMA's
Which one are you, scalper, swinger or braveheart?
Don't forget to trade your rules.
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Bizlus
GBPNZD bearish cypher? 70 possible pips to usher in the New Yr
Remember to trade your plan!
~ Bizlus trading, for stoics~
EMA strategy - June to dateThis EMA test produced 9% over 5 trades
Rules:
Create four closing price Exponential Moving Averages (EMA) indicators on a 4hr chart
20 EMA , 50 EMA , 160 EMA and 400 EMA
SETUP:
1. Look for alignment on the two bigger EMAs (160 and 400) - when 160 is below 400 for a short and 160 is above 400 for along
2. Wait for the same setup on the two lower EMAs (20 cross below 50)
3. Enter at the point of the cross -
ENTRY
Create 2 trades:- 30 pips and 60pips and stop loss at -30pips
Happy Trading
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EURCAD H4 SELL 101 pips? Shall we trade a D leg of a potential cypher?
If it is a cypher then we should see a retrace to 78.6 of XC leg
Cypher rules
Only trade your plan
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BUY D1 CHFJPY 158pips? Its looking like a bullish D1 BAT on here ?
We may be looking at reversal to the upside in most JPY pairs in next few days. If it is, CHFJPY is going ahead.
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Remember to trade your plan
USDCAD - 160 pips on this long cypher?
The D1 is bouncing off a 20EMA and H4 shows this cypher.
Cypher rules
Remember to trade your plan
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EURJPY Bearish Gartley - 722 pips? JPY has taken a beating over last week. Maybe is its turn now as its whops EUR
Well I see a Bearish Gartley on D1
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LONG GOLD Cypher 190 pips? In this potentially oversold market, check this cypher out, point C is a bit in the zone but the rest are fine (meet the rules)
Remember to trade your plan!
EURGBP LONG 105 pips? EURGBP may have just given us a better entry price with this Gartley D leg retracing just under our entry point.
Its a long trade with targets at 0.318 and 0.618 for 2 individual trades, a potential 105 pips. Lets go!
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Gartley rules:-
EURGBP still in the downward channel. Scale in another 38 pips We finished this previous move, taking profit half way down this EURGBP short channel.
No signs of breaking out of the channel yet
EURCAD SHORT? 109 pipsEUR pairs have taken a beating lately. NFP tomorrow may give it the right kick to reverse to the upside!!
For EURCAD NFP News tomorrow could rocket price up and ignore the shoulder or we could expect resistance before the break back up to complete the right shoulder, respecting the trend.
Remember to trade your plan www.babypips.com
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EURCAD Short - deeper right shoulder could give better ENTRY
EURCAD Short - deeper right shoulder could give better ENTRY
Remember always to trade your plan - www.babypips.com
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EURGBP SHORT? 130 pipsEURGBP is still falling!
Here's a downward channel trade with potential 40 pips for the conservative, 110 pips for the brave if you take the 2 trades.
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Risky NZDUSD SHORT Gartley? 100 pips Beware of the news over in a few hrs -- !!! Dangerous late entry !!
However, we have a Gartley!
Point B - price retraced XA, closed at 0.618, candle wick not beyond 0.786
Point C - then price retraced AB, closed bw 0.618 & 0.786
Point D - then price retraced extended AB up to 1.272 zone
20 pips SL, two trades TP at .382 & 0.618 respectively
Total 100 pips
Careful if you're entering late (i.e. now!)
Remember to trade your plan - www.babypips.com
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NZDUSD LONG? 3:1 (70 pips)Beware of the news over today and tomorrow - both NZD & USD
However, we have a cypher!
Point B - price retraced XA bw 0.382 & 0.618)
Point C - then price extended XA, closed bw 1.272& 1.414
Point D - then price retraced XC down past 0.786 but above X
20 pips SL, two trades TP at .382 & 0.618 respectively
LONG 70 pips total
t > @bizlus
EURCAD short? 90 pips
Simple EMA strategy
H4 Lower highs and Lower lows
Waiting for price interaction with H4 20 EMA in the trend direction.
There's good resistance on the pivot points as well.
Entering at the 50EMA bounce downwards.
Enter at the EMA cross on the 30M, 20EMA (blue) crossing 50EMA (red) going downwards
Two trades 30pips Stop Loss, targets at 1:1 and 3:1
Don't forget to risk manage - www.babypips.com
t > @bizlus
GBNZD LONG BAT ? 177pips Well what do we got here?
Our bounce strategy hit SL so...
GBPNZD Bullish BAT ?
Point B retraced XA past .5 level but not beyond 0.618 CHECK
Point C retraced AB past 0.618 but not beyond 0.886 or A CHECK
(If) price retraces XA and touches 0.886 to form Point D (also 1.618 extension of AB)
Then we're LONGing
600 SL
TP 1 ~ NZD 1.95721
TP 2 ~ NZD 1.95930
t > @bizlus #ff
