Get started

Highprobability

Trading BCH with the ZenTrend follower & Gameplan for hardforkThis is how we're trading BCASH with our indicator. Now there is of course news of the hard fork and all that, but this is how we have traded it purely technically based on our indicator. Check the post linked below on how to get access to the trial period and you can try it out for yourself! We have taken the trades based purely on the breakout indicator and the trailing stop that the indicator plots. We start at (1) with a long setup, which does not get triggered. The setup switches short (2) and we get entered in the trade. The market moves and we get stopped out at the red crosses the indicator plots. (4) We made a small 1.4% on that trade, nothing to get to exited about, but no loser either. We get another short setup which remains untriggered (5), followed by an untriggered long setup (6). At (7) we get another short setup which does get triggered. We get stopped out at (8) again with a basically break-even trade of .4% profit. A new short setup immediately follows and we get triggered short at (8). We get stopped out at (9) with a 2.8% profit. (10) Gives us another short setup that does not get triggered, followed by a long setup which triggers a trade at (11). We move our stop op as the indicator tells us to do (12). We then start getting extreme overload signals (the dots above the candles) (13), and move our stop to the bottom of the candles at signs of weakness. The other stop loss is moved up by the indicator too(14). We’re getting more overextension signals so we move our stop to the bottom of the candle at (15). Here we get out of 70% of our position, the remaining 30% has the stop at (14). If the market does move down off these overextension signals we will look for re-entry signals the indicator gives us to get back in! Now looking at the hardfork, we plan to get out just before the hard fork at signs of weakness in price, as we expect coin to collapse after that. You can count on about 99% of all BCH that has been bought in the last few days to be sold as soon as the hard fork is done.. If we are wrong it that case we can always re-enter our positions, in safety. To get access to the indicator and try it out, please go here: Like and subscribe if you enjoy our work! Stay calm, and happy trading! ZenTrader
BEducation
by DariusZen
Long XRP/USD: daily TK-cross and a 4HR entryOur Trend Follower has gives us a 4HR entry after a daily TK cross. LEt's got to the daily chart first We have a bullish TK-cross (1), but the ZenTrend Follower has not detected a daily trend setup yet. We have three resistance levels up ahead coming from past flat kumo levels (2), (3) and (4), which we need to watch. 4HR We’re long from the long setup (1) and breakout of the trend breakout level. We could have re-entered at the re-entry signal (2), but as that came on a very overextended candle we might have been late to to party there, so we we didn’t take that re-entry. We broke the first resistance level (daily kumo), and got a weak overextension signal (3), and a medium overextension signal (4) on the current candle. We;re only an hour into this candle though.. LEt’s see if the daily kumo breakout holds, if so our next target should be around .0565 (5). For now we can move our stop to either of the red lines, as we’re getting these overextension signals PS. For our subscribers, this is the new version of the indicator. We’ll push the update to you in a few hours! For more information on the ZenTrend Follower indicator please see below: Like and subscribe if you enjoy our work! Stay calm, and happy trading! ZenTrader
BITFINEX:XRPUSDLong
by DariusZen
Long ETH/USD Daily according to our Zen-Trend indicatorOur indicator has performed very well on the daily ETH/USD pairs, so let's see where this trade takes us. We had the active setup yesterday, and today the trade was entered. We're cautious however, there is a lot of resistance to push through. We've also updated the indicator: it's easier to add alerts for when a setup appears, a trade is entered, and a stop is hit. For more information on the ZenTrend Follower indicator please see below: Like and subscribe if you enjoy our work! Stay calm, and happy trading! ZenTrader
BITFINEX:ETHUSDLong
by DariusZen
NZD/JPY - Falling Wedge Pattern on Daily (SHORT POSITION)Good day traders, As you can clearly see, NZD/JPY Is in a Falling wedge. I dont care what other people say about this pair, I trade what I see, What I see is a bearish movement and a high probability trade. As you can see I took a position at 74.4 and Moved my S/L to Entry Price, so I can't lose anything only win ;) T/P at 72.6 +180pips Target We will see a small correction around 73.8 - 73.6 back to 74.100 - 74.250 After this moving lower and lower
Short
by QW-Trading
IBM Seeking BalanceIBM was very stretched at the Warning-Line 1 and is now seeking balance. So we go from extreme back to balance. It doesn't matter how you call it....Mean-Reversion, Action/Reaction or even manipulation... What count's is, that we have knowledge and rules at hand, which provide high probability trades in REAL live, not just in demo or on backtests. Check out my free course and come back to me if you have any questions. The friendly ForkTrading Group welcomes you and gives you REAL information and knowledge in trading. P!
NYSE:IBM
by Tr8dingN3rd
NZD/USD - Expecting a Sell-Off ! Towards the end of last week, we saw some weakness on the US dollar across many of its pairs. This has given us some signs the dollar strength and bull run may be running out of steam but I would not short the US Dollar just yet. This weakness saw this pair gain 50 PIPs on Friday which gave a strong finish for the week. So far today there has not been a lot of movement. The US dollar has again gained some strength on various pairs and I believe there is more room to the upside for the Dollar highs to be tested once again. If so, this leaves a potential pullback on this pair. Immediate support is at 0.6600, which was holding as resistance until we saw a break out on Friday. This pair could come lower before a leg higher if any as we will need to watch price action around those levels to confirm. If we achieve this move higher we have a confluence for a target at 0.6700 as this is a former monthly support which is yet to be retested as resistance and in line with my Fibonacci -61.8% extension. This pair still has the possibility of moving lower and creating new lows below 0.6545 as the New Zealand Dollar is still very weak and open to another sell-off.
Short
by QW-Trading