Get started

Countertrend

FKLI TRADING : 81) 2 possible trading opportunitieshi, this is trade 81) frm haidojo trading. I am presented with 2 possible trading opportunities in fkli-july... 1) for a possible counter-trend trade, if formation of Double-Top happens near 1616-1620, and RSI OB(Overbought), then go for short with the 1st tp near support level 1580, 2nd tp near 1560...make your SL possible like 5-10pts abv entry... 2) if you are going for trend-continuation trade, then wait for some signals at 1580, tp 1616, SL 5-10pts below entry... or long at lower support level, 1560, 1st tp 1580...2nd tp 1616...SL put 5-10pts below entry... WARNING : This is just for educational purpose onli, it is not a hint of buying nor selling...pliz consult your financial advisor before putting any extra risk in your futures trading...
MYX:FKLI1!
by HAIDOJO_trading
1
EUR/GBPhere on the Euro/ Pound (EUR/ GBP) we have a nice crab pattern i drew out the other day (Sunday I think) and i have been waiting to enter the trade and missed my opportunity for the type 1 move so now im waiting for the T2 move. the trade is currently 20-ish pips in profit for the T1 setup! the yellow line is the HOP for this pattern. based on the COT report once this trade looks like its reversing take your pips and get out. the COT suggest that the Euro is to move up and the pound is to move down. So, this is a contrarian trade and to be managed automatically due to the large orders for both pairs based on the COT.
Short
by ARegularGuy
1
Trade Ideas Position: EURUSD SharkA bearish shark pattern has formed on the 1-hourly chart, it is not convincing for me to engage the trade reason being of the consolidation area and both oscillators are not congruent, however, the 4-hourly chart looks good as a double-top, I'll need a confirmation candle to engage it. Now, why is that so? The overall bias I have on this trade is bullish on both the 1-hourly and 4-hourly chart, other than the chart patterns and filters there is no other clue suggesting a shorting opportunity, however, it is true that all trending movement, there is a retracement and the earnings for the retracement can be good.
Short
by RaynLim