Very easy and simple for everybody. Just stick to your technical analysis.
It's a tricky currency Loonie. (USDCAD) Technical aspects: For now we are range bound and we must respect that. Pattern: Triangle formation, a break to either direction for further confirmation. Support: 1.20080 - 1.19005 Resistance: 1.21080 - 1.22000 Trade Journal (Just a trade idea, not a recommendation)
Decided to post something else today. There is liquidity sat above, but today I am looking at the gaps that have been left these last few trading days. I like it when the gap gets filled quite early on, yes it is frustrating if you get suckered into a move only to see it reverse but if you get a gap and go, there is always the worry that the trend never really...
ITC is forming a W-Pattern on daily chart BUY above 217 Target : 224 Holding period : 1 to 3 weeks
ADA 4H chart recently presented a Morning Star pattern, which indicates a reverse on this short Bearish Cycle we've been experiencing. The most certain thing is that the Bull market is back on track and the price is going up from now on.
Hi traders: Looking at some of the US indices, NASDAQ pop out for a clean bearish price action. We can see price has been moving down from the top, and many corrections along the way. The latest price shows yet another correction developing after the impulse down, and could give us another sell opportunity. Look for lower time frame continuation corrections...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week. I will explain my approach on the entry, SL, TP and management. NZDJPY - Running around BE Full analysis/forecast: CADJPY: First Entry: BE Second Entry: Running around BE Full analysis/forecast: MATICUSD: +0.53% profit Full...
SWING TRADING JOURNAL Bearish invalidation still intact. So, I'm bearish for USDCAD and this is my plan I will; SELL USDCAD somewhere at Green Box (try to sell as high as possible) SL ABOVE Red Line Final TP at Blue Box Manage this trade with your trading style, maybe you want to; 1. Close your position early (at 1R, 2R or any profit level) 2. Move your SL to...
Another set up, dont forget to give me a like! we are getting this train rolling again guys come on. a little love
as we had a false beak out yesterday , it seems we will have a fall . as you can see we have 2H or 4H uptrend , and yesterday it couldnt break resistance and orange line , and as you see on RSI it gives us a sell signal . and at daily timeframe we have a flag pattern , it can not rise more i think .so after all of these signals , I am thinking about to sell after...
SWING TRADING JOURNAL I'm bullish for AUDUSD and this is my plan I will; BUY AUDUSD somewhere at Green Box (try to buy as low as possible) SL BELOW Red Line Final TP at Blue Box Manage this trade with your trading style, maybe you want to; 1. Close your position early (at 1R, 2R or any profit level) 2. Move your SL to break even 3. Scale out 4. Trailing stop 5....
Hello everyone: Many have asked me about what I think about the current JPY markets, so I figure a quick analysis and forecast on all of them would be the best way. I did go over them in today’s midweek market updates, but let's take a look at them more closely here. Remember, these JPY pairs need to develop the bearish continuation corrections on the lower...
Hi everyone: Also looking at GBPUSD for the bearish opportunities. Price has been in a long term, higher time frame ascending channel correction, moving the price up to the current area. We can see on the higher time frame, we approach to a previous high, which is also where price formed similar price action. A double tops, "M" structure within the HTF...
This is a bullish reversal pattern - using the overnight liquidity levels for where buyers may want to step in. Not all liquidity levels hold to the tick. And catching a falling knife gets traders' accounts killed. However, if we wait for a reversal signal/pattern at a known level where Buyers are sat. We can usually get a good entry. The pattern happens across...