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Jamesbond

How to trade with a trend lineLet's do it fast and simple. We see an up trend, a trend line, bullish momentum, bullish candles with big bodies. As they say, go with a trend. Do not fight with trend. Buy when price touches the trend line. But where do you put your TP? It's simple. You turn to 5 min time frame. There you can see a bullish flag. What's our first TP when price breaks the flag? Top of the flag. Where do you put your stop loss? Again look at 5 min time frame: 3 times price hit the level(around 17430 but couldn't break it, therefore there is a accumulation of buy orders and you can guess that could be a good support for your stop loss order.
BITSTAMP:BTCUSD
by Trading-with-Ali
EURGBP waiting for confirmation candleAs of now, we can see a reverse head and shoulders pattern forming. If we get a close about 0.90000, our "James Bond Zone", and above the left shoulder, then all signs would point to a strong buy. Conversely, if we close below the 0.90000 (James Bond Zone) and below the left shoulder then we'd be set for a sell, at least to 0.89850 . Fundamentally, we are in store for A LOT of news this week for both currencies in the pair. Be prepared for sudden changes depending on what the news reads. Right now market sentiment is down but price is slightly up.
by MoegoTraderKeezy