EURUSD Short Trade 24-01-29: Trade Signal EURUSD Short Trade
24-01-29
*Trade Price Levels*
1. Risk Entry (Pending Order)
Pending Order Price : 1.08700
Stop Loss Price : 1.09100
Take Profit : 1.08100
Risk to Reward Potential
-1 units of risk for 1.5 units of gain
-Note: Needs a win rate or 41% or above to be a profitable trader
-Will Track Feb Signal Win Rate
A. Will track risk entry win rate and confirmation entry model win rate
B. Based on data that will determine risk profile for Prop Firm Funding (More Aggressive Risk Profile)
Cons For Trade
A. Price is in the discount of the swing range
(should sell from premium and long from discount)
B. Price could use the demand zone from the daily to drive (hawkish) Price through zone above making higher highs and lower lows
C. Price broke key price level of 1.0800 (more neutral)
Pros
A. Double zone supply zone coverage with stop loss being big enough to let the trade breathe a bit
B. The first Mitigation of a zone often fails leading to price moving up and then going deeping (bearish) towards the strong swing structure below
C. The overall trend is more bearish than bullish
Fundamental Drivers
A. Price Broke 7 week low of 1.0800
B. Central Bank rates remained unchanged
C. President Lagarde is more dovish than hawkish
Freesignals
LTCUSD Buy opportunity at 65.0126LTCUSD The best way to get sell opportunity is to place a SELL LIMIT order at 71.3844. Stop at 74.9058 Take Profit at 69.0549 and 67.0345
LTCUSD The best way to get Buy opportunity is to place a BUY LIMIT order at 65.0126. Stop at 60.9132 Take Profit at 67.0345 and 69.236
Use a proper money management plan according to your current capital and keep control of your psychology. Risk 3% of your capital.
AUDUSD: Daily Long Signal tagged In on 24-01-23 : UPDATEAUDUSD: Daily Long Signal - 24-01-18
Tagged In on 24-01-23
Entry Price: 0.65700
Take Profit: 0.66780 125 PIP gain
Stop Loss: 0.65100 50 PIP Stop Loss
Risk To Reward: 1 % For a 2.0 % Return
-Placed Pending order and tag into the trade
Trade Management
- Steps if you taken the trade
A. Place Take Profit at
* 0.66555 * Risk To Reward is 1 % for 1.5%
B. Place Stop Loss at
* 0.65055 *
* Max risk of Capital * 1 % MAX ... I Suggest 0.25% due to taking a random guys trade signals
C. Wait Patiently and FULLY ACCEPT THE RISK
Winner Free Signal - Long Trade GBPUSD 4H Trade Entry Winning Signal
Results of Trade Idea
Long Signal Trade
Jan 17th 2024
Results
A.1 Set-up On the 4h chart
Entry Price: 1.26350
Stop Loss: 1.25850
Take Profit: 1.27200
General Take Profit Trade Management
Called 1:2 Risk to Reward on Jan 17th
Hit Take Profit:
Jan 23rd 2024
EURUSD - Update Jan 23rd #1 Short Trade Update Jan 23rd
#1 Short Playbook 4H C.3
No Huge Fundamental News
Trade Data: Entry
Entry Price: 1.08842
Exit Take Profit: 1.08162 or 68 Pips
Stop Loss: 1.09242 or 40 Pips
Trade Management
Step 1: Reduce Risk
Once a old low was broken I moved my stop loss to follow the trend.
Reduced Price: 1.09192
Pips : 5 PIPS
Percentage Reduced: 0.05
Open Risk On trade from original: 0.95 %
Take Profit 1:
Take Profit: 1.08826 / Breakeven
Percentage Gain: Trade at breakeven locked in with a stop loss in place
*See Previous Analysis for more trade data*
1. Currently price is moving down with momentum and I am waiting for a higher Probability Trade Entry Scale In or to move my Take Profit for more percentage gain on trade once the lows are broken
2. Waiting for the price action to show its hand.
Update GBPUSD: 4H Long Signal - 24-01-20 Long Set-up 4H A.2Update
GBPUSD: 4H Long Signal - 24-01-20
Long Set-up 4H A.2
Entry Price: 1.26650
Take Profit: 1.27250 60 pips
Stop Loss: 1.26350 30 pips
Risk to Reward: 1:2
Trade Notes:
-I didn't place swing trade due to being stuck at work
(Improvements- Set Email Alert so I can quickly analysis current Market Conditions to place trade)
1.
Trade Entry: Risk Entry (Pending Order with previous price entries)
-Current Max Downdraw: 4 pips then impulsed upward with 2 momentum 4h candles
- Using 15m Market Structure would be a locked in 0.42% take profit stop loss going into monday session
- I would likely drop that level to 0.2% take profit stop loss - to give the trade a bit of breathing room for sunday opening session
2.
Trade Entry Management: Confirmation Entry On Lower Time Frame
Entry Price: 1.26694
Potential Take Profit : 1.27114 / 3.5% gain for 1% risk
Stop Loss: 1.26574 / 12 pips from entry
Trend Following Risk Management Strategy:
Take Profit Following Market Structure:
Take Profit Stop Loss Price: 1.26776
(Locked In percentage gain 0.68% )
3. Scale In Trade Price Levels:
Since all risk is off the table I will scale into the trade... Let the winners ride and let the losers go
Potential Trade ideas:
(Using Lower time Frame Confirmation Entry Model)
Steps
1. I would wait to see how the market reacts to opening hours
2. I would look at fundamental upcoming news (helps with directional bias of the trade)
3. If those two items match up with the trade concept then I would place trade
Entry Price: 1.26920
Take Profit: 1.27160 / 2% gain / 24 PIPS
Stop Loss: 1.26800 / 1% risk / 12 PIPS
If you got this fair then thank you for your time and support. If you want any more info or asset classes analysis please let me know. Safe trading and remember always use a stop loss and proper risk structure.
Update: EURUSD short 4h c.3 Trade 1 Short Playbook 4H C.3
Trade Idea 2
1. Price Has hit my area of value. I currently see no downward momentum. The fundamental news are also bullish.
CPI: Positive
2. I will wait for a confirmation liquidity model to present on a lower time frame before placing a short trade.
3. If that happens I will place my trade with a decent size stop loss.
4. If price fully mitigates this resistance zone then I will change my bias to long
Trade Idea 1:
Entry Price: 1.08842
Exit Take Profit: 1.08162 or 68 Pips
Stop Loss: 1.09242 or 40 Pips
AUDUSD: Daily 4h Signal - 24-01-18AUDUSD: Daily Long Signal - 24-01-18
Set-up: 4H A.1
Entry Price: 0.65700
Take Profit: 0.66780 125 PIP gain
Stop Loss: 0.65100 50 PIP Stop Loss
Risk To Reward: 1 % For a 2.45 % Return
Could use a dynamic stop loss and take profit but that's my own personal strategy.
I Also could scale in with my trade plan as well.
Once All risk is off the table
AUDUSD: Daily Long Signal - 24-01-18AUDUSD: Daily Long Signal - 24-01-18
Set-up: D AC.4
Entry Price: 0.65700
Take Profit: 0.66720 120 PIP gain
Stop Loss: 0.65100 60 PIP Stop Loss
Risk To Reward: 1 % For a 1.7 % Return
Could use a dynamic stop loss and take profit but that's my own personal strategy.
I Also could scale in with my trade plan as well.
Once All risk is off the table
EURUSD 4H Short Trade Signals Trade 1 Short Playbook 4H C.3
Entry Price: 1.08842
Exit Take Profit: 1.08162 or 68 Pips
Stop Loss: 1.09242 or 40 Pips
Trade 2 Short Playbook 4H C.2
Entry Price: 1.09500
Exit Take Profit: 1.08820
Stop Loss: 1.09900
Note: If Trade 1 fails take this trade 2
Also if price doesn't tag in then go lower. I will then transition for a long setup of the demand zone in discount
GBPUSD Long Set-up Signals Long Signal Trade
A.1 Set-up On the 4h chart
Entry Price: 1.26350
Stop Loss: 1.25850
Take Profit: 1.27200
Note: Alerts are for 2 long trades off previous zone.
Currently:
Trade 1: locked in with 0.14% Take Profit In Place
Trade 2: Open trade with 0.5% risk floating + waiting for a break of the alert to move to reduce risk.
AUDUSD H4 / Looking for LONG ENTRY 📈 Hello Traders!
This is my idea related to AUDUSD H4. I expect a retracement from the resistance level, where we have also an OB. It's a good opportunity to entry long if the strategi is confirmed.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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