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Longtradesetup

LONG ON USDJPY - Reverse The Previous Trades (if any)Buy stop @108.800 JPY with target @109.500 JPY or maybe higher @110.000 JPY (use Trailing Stops) and conservative stops at @108.200 JPY or a closing-basis stop below the low of 108.580 JPY . For more information on targets - Refer to the following charts (the Horizontal resistances and the channel resistance are drawn) *Alert* / *Note* - Reverse the trade only if the market hits the Buy stop (mentioned above). If the Buy stop doesn't trigger, then it is better to stay SHORT . There is a minimum of 70 pips to be made in this trade. Earlier (in the previous idea/related idea), I told to short this pair. Now it's time to reverse this trade (taking a small loss of 26 pip, i.e. from 108.500 to 108.761) because the context of the market has changed. For explanations, watch out for my posts coming later.
Long
by Satx98
GBPUSD Pullback, opportunity to add to long position.Following on from my analysis on the 30th of March and possible long trade set up. We can see that the support confluence area held and we were over 3 quarters of the way to my target. Today has seen the bears take control as EURUSD has plummeted since the this morning. We are now at the 38.2% Fibonacci retracement level of the move up from the low of the 29th and the bear market looks to be running out of steam. Stochastic is oversold and turning up. This is in my opinion a temporary retracement and we should see price recover and continue higher. This is a good opportunity to add to the original long trade or to initiate a new low risk long trade. New trade set up, risk to reward 4:1 Entry 1.31135 Stop 1.30858 Target 1.3224
Long
by Trend_Analyst
Coffee just woke up, at least in the short termSo no breakout... instead a rejection, which means I'm switching bias! Who thinks the rally we saw in coffee last week will form the year low? Possible ins't it? I'm still overall bearish, but based on the reaction we saw from support at 113, I think we'll see a retracement before we get back down below the current year low. Since we saw this reaction off the edge of the range, it makes sense to retrace higher a little further to the next resistance level (a higher consolidation). Well, at least in the short term that's what it looks like. my upside target on the fib is 124, and you can see the buy zone below 118.70. I bet you're wondering what happens if it burns lower through the buy zone? Then it's my second loss on this pair in as many weeks, and I'll go chill on the beach :D What's your opinion, up, down, sideways? Share your charts, and comments below! Would love to hear what you think! :) Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
KLong
by TheBadPanda
ETH Waves and trade recomendation.-Hear the end of the first wave and possibly the beginning of the second which is expected to be 2 times the first. watch for break in resistance range between of 0.08000191(stop loss set bit below this.) and 0.08130818 ( serves as confirmation for second wave). -MACD indicating an increase in momentum as the lines go above the 0 though RSI indicates an over bought position. -The second wave might make a move towards 0.08351413. NOTE: -Watch points carefully but remember to use at a range not an exact point and to trade at traders discretion. -Keep in ind the risks of trading. Good luck.
Long
by neni_emsu
[AUDUSD] PIN BAR CANDLESTICK + AREA OF RESISTANCEFX:AUDUSD In this trade we can see a nice preceding bullish trend heading towards an area of resistance, next we see a nice pin bar candlestick which tells us that the bullish power might be transitioning to the bears. Confirmation is needed for me, so i executed a breakout entry below the low of the pin bar candlestick or also called Indecision Candle. Trading Details: Time Frame: 12hr Entry: Below the low of the indecision candle (Pin Bar) Stop loss: A few pips above the high of the Indecision Candle Risk/Reward: 2:1 Account Risk: 2%
Short
by daldertg