Boxtrading
Box structre formed by GBPUSDbased on the previous candle stick and fibbonacci it shows a sell but a pure confirmatin would be a break of the box whichever direction.
NEOUSD Going up
Mr. Pips says you can long NEOUSD with very little risk here.
Mr. Pips' proprietary indicator is showing a buy signal. This is a clear indication that the price is going to go up! There is no other indicator available that will show you these important price zones. This is NOT Murrey Math Lines. These are NOT auto Fib levels. There is no need to spend hours on end doing extensive research or trying to read news reports when you have the right tools at your disposal!
Mr. Pips Quote of the day:
"Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!"
Mr. Pips wants you to have a blessed and profitable day!
Disclaimer: All information provide by Mr. Pips and IgetPips.com is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
GBPCAD - can simple box become box on steroids?With over 80% bullish sentiment, this one calls for shorts (besides GBPCHF and GBPUSD). Trade plan here is very simple - open shorts in red area, SL somewhere around 30 pips, move SL to BE when it closes below box centre, offload half of position in green area, leave the second half to run. Eventually I expect this pair to go lower (see weekly bird view chart below) and that's where the remaining half of position would bring nice pips.
If conditions will be OK, I will consider also adding to short position after breakdown of the box lower side and re-test it again.
Bird view:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
EURCAD - 4h box retestI'm interested in longs from green area.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
EURAUD - 4h quickieNice box is plotting here, MACD is showing divergence, so simple idea to buy at the box bottom, offload part of position on purple targets, final target is 1.6060. After break over the box top and retrace, I'm willing to open new long positions.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
CADCHF - ready for next 0.236 - 0.786 box?Maybe it's not there yet, since today's candle has some more time but here is the first sketch. After close today we'll see if this new 40 pips wide channel will be of any use for exploiting in the next week(s).
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
AUDCAD - 1h quickieIt is still deciding where to go, let's try to squeeze 25+ pips out of it.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
USDCAD - small trade idea on 1hLet it come near/to box again and long it.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
EURCAD - box tradingBox trading opportunities until it will decide where to go.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
EURGBP - box for longsAnother pair, which is shorted heavily. Will be waiting for long opportunities in next week in marked areas. Targets can go even higher, but let's wait.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Think outside the box, trade outside the box.Too much dumb money placing trades at this point,
Don't trade USOIL unless the price breaks out of this consolidation area.
I can't stress the importance of fundamentals enough on this one.
But since we can't take in all the market information at any given time,
we better wait for a tactical entry.
