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Moving Averages

AUDCAD Long - Wait for that 2nd touch!DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Long
by Simple_Renko
GBPUSD Short - Don't count this area out... yet...!DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Short
by Simple_Renko
GBPAUD - Textbook setup #2!DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Short
by Simple_Renko
AUDUSD Long - Textbook setup!DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Long
by Simple_Renko
1
Playing with fire! Counter-trend EURUSD...DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Short
by Simple_Renko
1
Wicked out again to find the market going in your direction?DISCLAIMER: Trading Forex and Binary Options involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
by Simple_Renko
EURUSD Long - Still room to go?DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Long
by Simple_Renko
How to Identify & Utilize Market Strucutre In this video I go over how to identify what Market Structure you are in. Also how to utilize that structure to continue trading with the trend. I use the pair EURGBP to go over a bearish market with a deep retrace, later continuing into a down trend. As always THANK YOU and if you found this video helpful, please let me know by hitting that like button and/or leaving me a comment below. Also, feel free to share your opinion on this setup or other setups that you have. The more ideas we can generate together, the more informative these ideas become for newer traders. STAY BLESSED! ~ T$
Education
by OkayTrev
GBP PAIRS BIAS AND PROJECTION FOR THIS WEEKMoving average 50, I look for momentum from the higher time frames daily and 4 hrs because I'm an intra-day trader. The main thing I look out for is: 1. Is price above/below on the 50 MA on the 4 hr TF 2. Is price about to change direction from the current swing on the 4hr chart (I use a trend line for the swing on the 4 hr chart then go to the 1 hr chart for a break of market structure) 3. Did price break structure on the 1hr chart and is it above the 5 moving average 4. Enter on the retest, using the 1 hr or 15 mins TF 5. Take profit the previous swing on the 4hr chart, stop loss below previous structure (previous high or low depending on the trend). When placing stop loss for this strategy, if I'm using the 15mins or 1 hr for entry the previous structure must be below/above the 50 moving average, that's identified as the area as value. Therefore if you lose the trade then you know that your analysis was wrong at that time. CHEERS!
by Nicholas_Kerr
USDJPY Short - Looking for 105 to hold!DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Short
by Simple_Renko
USDCHF Short - Aggressive but worth a shot?DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Short
by Simple_Renko
NZDUSD Long - Retail sentiment... Are you a contrarian?DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Long
by Simple_Renko
USDJPY Short - Letting the market come to you!DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
OANDA:SPX500USDShort
by Simple_Renko
EURCAD Long - What kind of bounce might we get from here?DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Long
by Simple_Renko
Why I don't use MA/EMA indicators in my analysis Hello everyone: In this video, I am going to explain my reasonings on why I personally don't use MA/EMA in my analysis. I will start off by saying that I have nothing against traders who use them and are consistent and profitable. I am sure there are many who do use indicators in their analysis along with their trading plan, risk management that find success in trading in given marker conditions. For me, my trading style focuses on price action structures/patterns. I am analyzing the market in its pure form of movement. In order for me to be clear on the price action, I need to “remove” all sorts of other “noise” on the chart. This is when having MA/EMA, and other common indicators can create potential issues for my style of trading. When we have indicators on the chart, it normally does help traders to identify “trending” markets, overbought/sold, as an example. The most used ones such as MA/EMA are going to help traders to find trends of continuations, but it doesn't necessarily become a target or support/resistance for the price to bounce off. Many find trading through such an “area” would be not ideal, hence they can take profit or target that general area. While, some can use that as a stop loss area, so long the price will “reverse” from it. However, when I see the price action on the HTF is in the impulsive phrase of the market conditions, on the LTF the indicators will not “catch up” to the most current price conditions. As the indicators are calculated based on the price movement, and since an impulse pushes up/down the price very aggressively, it takes time for them to take the movement into its equations and move according to it. The important thing is to not “overload” your chart with too many indicators and lines going across. There will be too many “contradicting” biases and it will confuse you as a trader. Simplicity is best, and less is more. Thank you
Education
by jojofang0901
12
AUDJPY LongDISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Long
by Simple_Renko
EURGBP Long - Look below consolidation!DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART! Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you. Note: I am an Online Trading Academy graduate (Core strategy and Forex XLT) and I will testify that OTA core strategy works *if* you have a trade plan *and* you put the time into learning. Trading is NOT a get-rich-quick scheme and it takes time to learn! Please find your nearest Online Trading Academy and contact them to sign up for your class!
Long
by Simple_Renko