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Entry

GBP/JPY - 02/11/2021GBP/JPY (H4) - Finally broke through that support level of 155.993 with really strong momentum and have just closed below the next support to with the last H4 candle, momentum has not continued from the break of 155.380 but price is failing to break back above which is showing good signs of continued sells. We could just be seeing a retest before price continues bearish throughout pre London and London open. GBP/JPY (M15) - We can see how weak this pullback is on the 15 minutes. 1) we can see clear bearish structure being presented with the lower highs and lower lows forming. 2) the strong M15 break and weak retest suggests sellers are still in control. 3) we have a new low being formed which we can use as an entry level for continued sells.
Short
by Official_VIFX
$MIRM empire strikes back*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* If you take the chance to review our previous works, you may have noticed a simple trend...we are getting to the money every time! However despite our many triumphs there are plays that we prefer not to discuss amongst ourselves. From that tiny list $MIRM is definitely at the top. In the past my team doubled down on a position but we were wiped out after our stop-loss took us out of the trade. My team entered $MIRM on 10/29/21 at $15.70 per share. Our first take profit is at $26. Earnings are expected to be released on 11/3/21 Ego is a bitch. Lets get it. OUR ENTRY: $15.70 FIRST TAKE PROFIT: $26 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:MIRMLong
by SimplyShowMeTheMoney
$TLRY the og sniper*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: On 10/22/21 My team entered $TLRY at $11.56 per share. We still plan to take profit at $29 per share, but just for laughs we have added a new exit for $TLRY at $145 per share. My team increased our position at $10.30 per share on 10/29/21. Their next earnings report is expected to be released 11/8-11/12. ENTRY: $11.56 TAKE PROFIT: $29.00 MEME STOCK ABSURDNESS: $145 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:TLRYLong
by SimplyShowMeTheMoney
11
Dissecting a winning trade in $AEHR. What went wrong?Admittedly, not all of my trades will be correct. Even if they are correct, I will never be able to trade them perfectly. What I strive for is to be better than yesterday. Such is the case for my $AEHR trade. The marked areas are what I used to enter this stock, usually when volatility has died down. Tried to be as patient as I could by trailing my profit with 5 Day Moving Average. It worked for a time but my ride got cut short, leaving me in the dust at $13.50ish Maybe it was too tight of a trail profit to use. Nonetheless, that strategy has proved its worth in the past already. Currently missing out on a lot of gains from this. Will use this experience to improve my strategy further. This trade has made me around $30k. It's good but still a lot more to be improved. Thanks and good luck out there!
NASDAQ:AEHR
by kevvela
Cool Entry Strategy - Bullish Engulfing in Key LevelsYou are here to read about one of my best crypto-tested entry strategies, Bullish Engulfing in Key Levels . It’s a price action strategy and I’m going to explain its details but, even if you are not good at price action stuff, you could use it as well as I can. There are no requirements for dealing with this strategy except using two indicators. The base success rate of this strategy was over 60% for me and by applying some filters and considering some best practices and being experienced in it, I could increase its success rate up to 76%. This strategy is a combination of a Bullish engulfing candlestick pattern, pivot points, and key levels. By key level, I mean a trend line or a horizontal resistance/support line drawn by you or your added indicator. We can assume the base requirement of the strategy meet if a Bullish Engulfing (BE) pattern takes place near a key level or a pivot point. We will use the Trend Key Point indicator to draw horizontal key levels and key points. It marks pivot points with a sign above and below the candles. If the pivot point is important, the indicator will draw a horizontal line as a key level. In this strategy the LL pivots are important to us. All necessary details will be applied to your chart by adding the indicator to it. You can also read more about Trend Key Point guide and best practices here . There is also an indicator for finding and highlighting Bullish Engulfing patterns called Common Candlestick Patterns . By adding the indicator, you will see too many highlighted patterns because there are active by default. Therefore, after adding the indicator to your chart, you need to open its options and uncheck all except the Show Bullish Engulfing one to highlight just Bullish Engulfing patterns. After adding indicators, you need to wait and capture entry points in a suitable state. But there are some tips and best practices we need to jot down to distinguish between good and bad states and increase the success rate of the strategy. I list below: Ignore a BE pattern that does not occur at a key level or is far from key levels. It’s a good sign if the BE pattern occurs on an LL pivot point (a candle that has a star under it) which meets a key level. BE pattern must have an acceptable and strong body. You can ignore weak candles. Ignore the BE pattern formed just below a resistance or potential reversal area. It excites me to see a BE pattern at the lower point of the price but a BE at the end of correction sounds good too. If the BE pattern occurs on the LL pivot seeing a key level and the volume also confirms that by crossing the VMA20 (volume moving average length 20), you can enter definitively. If the entry requirements are met, the closing price of the BE pattern will be my entry point. Do not enter if the green candle of the BE pattern is abnormally big. You can wait for a pullback or you can ignore the pattern. BE pattern in the bottom of a range box could also be a good chance to enter but you have to be careful where the range is. As you read before, this article is about finding the entry point and after clarifying that it's time to find out where you need to put your stop loss and your take profit but, these topics not fit in this article. You can refer to the other available resources covering these topics. Both of the indicators mentioned are developed by myself, so I tried to apply my best practices to them. I hope it was useful for you. Feel free to submit your comment to improve the strategy or the indicators.
by bhnmzm
2
We will sell EURUSD on 1,1618As we saw in our analysis yesterday, we expect the downside move on EURUSD to continue. However, that doesn't mean we won't see any pullbacks, which is in fact what we're waiting for in order to make an entry. Right now, we're looking at an entry from 1,1618 and there's two options. The first one takes less time but carries more risk. We can use a pending order at this level and once price reaches it we will be in a trade immediately. If you have the opportunity to look at the chart on every hour, I think it's better to wait and see a rejection of this level and then to enter a trade. In both scenarios we expect to see price below 1,1534.
Short
by ForexTrendline
19
HOPEFULLY BULLS WILL STRIKE IN AND HIT MY TARGET.The first question i always ask myself is "who is in control of price?" that way i can analyze my trrading from a price action point of view. So, who is in control of price on this one? First we have a bearish trend followed by a tiny pull back and then an indecision candle which tells us that the bearish power might transitioning to the bulls. Of course i might be wrong, but that is why i keep my Risk/Reward a 2:1 minimum, that way i only have to be right 40% of the time in order to be profitable. "Trading is not about being right most of the time, its about being profitable" - Anonymous Trading Details: Time Frame: 8hr Entry: Above the high of the indecision candle Stop loss: A few pips below the Indecision Candle Risk/Reward: 2:1 Account Risk: 2%
Long
by daldertg
My own vision for Bitcoin and my expectations I see that the bitcoin is creating a positive technical pattern that will be broken soon when the bitcoin reaches the area between 38 thousand to 40 thousand because it is a very strong area with many pending purchase orders, and it will be launched from it to break the flag pattern and start a new bullish wave that achieves the goals that I Expected My advice right now is to suspend purchase orders about the level of this area - 40,500 - 40 ,000 - 39,500 - 39,000 - 38,500 - 38,300 (There is another scenario that must be considered, which is the launch of Bitcoin before it reaches the specified areas, and in this case, it is possible to enter, In case that it closes a daily candle above the 45000 level.) The stop loss is in case Bitcoin closes a weekly candle under the 38000 level, Which is the Fibonacci level of 0.61 In the end, this is my personal opinion, and it may be right or wrong. I wish everyone the best of luck.
Long
by Mahmoud_Salama
USD/CAD - 22/09/2021(H4) - We can see USD/CAD finally broke out of that range after breaking 1.27086 resistance. Had a really nice drive from this move and no we can see price has printed the higher high. Higher low has also been printed and now we are expecting the new higher high to be formed. Targets will be 1.28567 and will be looking for buys only unless price action suggest otherwise later on. (M15) - Can clearly see price presenting bearish structure here on the M15. LL & LH's being formed and now forming a double top at 1.27973 If we do start to sell off I will be looking for break of 1.27883 for entry with breakeven targets for 1.27789 and TP targets at 1.27489
by Official_VIFX
VET Spot Entry 0.11 Still Time to Get in!!If you missed out the other day there is still time for an entry at VETUSDT 0.11100 anywhere there. The Idea: Entry 0.11 TP 0.12 Entry VET/USDT 0.11 I Sell All 10% Profit about 0.12. Or, I HODL please myself. Or I sell some 75% and hold a little for more growth. My idea is to buy and sell all at 10% profit. All In and all out. Little exposure time in a market that's risky to be in. You can lose your shirts in this market easy. Enjoying the Robert Johnston Blues during these slow boring times trading. Jaffasoft Signals
by Jaffasoft
2