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Moving Averages

Bricks with Wicks! - How to spot a possible fakeout...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.
Education
by Simple_Renko
AUDCAD Short - Another opportunity to join the trend?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.
Short
by Simple_Renko
CADCHF 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.
Long
by Simple_Renko
USDJPY 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.
Long
by Simple_Renko
GBPCAD Long - Fakeout Crossover in play?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.
Long
by Simple_Renko
Counter-trend GBPCAD SetupDISCLAIMER: 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.
Long
by Simple_Renko
New Opportunity on USDJPY. Setting up for a nice bounce?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.
Long
by Simple_Renko
How to anticipate where the range may form!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.
Education
by Simple_Renko
Hull 10/McGinley 10 Crossover Strategy Explained - AUDCHF Short 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.
by Simple_Renko
1
Looking for Hull 10/McGinley 10 Crossovers!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.
Education
by Simple_Renko
10
USDCAD Technical Outlook for Week of Aug 2-8⭐️Key Takeaways⭐️ ✔️ This week we have jobs data from both Canada and the US. ✔️ GDP figures last Friday came in at 4.5% for Canada. Much better than the previous report around -11% ✔️ Strong support around the 1.33 handle ✔️ USD has performed under pressure for 6 consecutive weeks ⭐️Technical Analysis⭐️ This pair tends to trade roughly within 100 pip move ranges on a daily basis. Currently trading below the 200SMA on the daily timeframe. Upside long targets should be limited to 1.35 where we might see some resistance with that 200MA. All eyes will be on this Friday's jobs data. In terms of risk to reward, both upside and downside targets are relatively limited as we're trading around the 50% level of the current range. Regards, Michael Harding RISK DISCLAIMER Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
TVC:USOIL
by Michael_Harding
XAUUSD DAILY BREAKDOWNXAUUSD/GOLD Breakdown analysis of price action on July 30. There were both Long & Short opportunities presented to capitalize from. Liquidity sweep by the sellers followed my a mitigation. Turtle Soup reversal appeared. Still Long on gold until higher timeframe structure can be broken. As always THANK YOU and if you found this idea 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 on your radar. The more ideas we can generate the more informative these ideas become for newer traders. ~T$
FX_IDC:XAUUSD
by OkayTrev
2
BTC Future Outlook - Good Buy and Hold Strategy? 2023 Future Forecast for BTCUSD is $12,000 Some basic knowledge about Bitcoin See bullet points below * It trades against the USD * Encourages money laundering - No ID required * Performs poorly when there's global uncertainty. * Without Blockchain Bitcoin is worthless * When there is global uncertainty, Gold and USD perform the best * When the Fed prints money, BTC performs better from the weakness of the dollar * When the Fed raises interest rates where we saw 4 rate hikes in 2018, BTC doesn't perform well * BTC is good for international business because it eliminates the cost of exchanges but when the US Dollar is low, international investors, banks, institutions, purchase large amounts of USD to reverse it for future investments.
BITSTAMP:BTCUSDShort
by Michael_Harding
8
EURUSD Previewing the Week AheadLast week we saw some major USD weakness across the board as COVID19 case numbers continued to grow causing concerns about the future outlook. Gold also topped the highest level since 2011 closing out the week just above the 1900 handle. This week we do have some major market movers on the docket including GDP, Employment Change and CPI from the Euro Area. Wednesday will be the most anticipated watched event as the FED releases their next interest rate decision and addresses their intentions for further supporting the U.S economy with additional stimulus measures. Hang on to your seat-belts folks, I'm expecting it to be a rough ride this week with EURUSD. Trade Safe - Trade Well Regards, Michael Harding - Chief Technical Strategist @ LEFTURN Inc.
by Michael_Harding
GBPUSD 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.
Long
by Simple_Renko
Moving Averages - Effective Settings for Day TradersHello Traders, In today's lecture I'm explaining how to use Moving Averages effectively on smaller (1hour) time-frames. Moving Averages can be applied to all assets including Forex, Stocks, Crytpos, etc.. Please note that Moving Averages are a lagging indicator which means they print on screen after price action has moved. They by no means are a leading indicator. Your most leading indicator will either be price-action itself or correlating assets. If anyone has any questions about Moving Averages, feel free to leave your comments in the comment section below. Trade Safe - Trade Well ~Michael Harding
Education
by Michael_Harding
MACD Indicator strategy to Increase Winnings(Beginners Friendly)Hi friends, today I bring you an educational video on how to us the MACD secret strategy to catch and filter trend signals. Thanks for constantly supporting use with your likes and follows QUICK RECAP OF THE STRATEGIES: MACD HISTOGRAM: *How to find and anticipate the MACD Signal cross before they happen, *How to use the histogram to predict Strong trend reversals *How to calculate the MACD *EASILY Confirm consolidation breakouts THE LAST ASPECT OF THE VIDEO please note: The last aspect of the video is how to use the TREND FILTER for BUY & SELL Signals to do this you will need to use the Higher timeframe for your entry. Using these two important criterial: 1, If higher timeframes MACD line crosses ABOVE the Signal line this shows that buyers are in control =BUY/ LONG Bias 2, If higher timeframes crosses BELOW the Signal Line , this means the Bears has taken power over the market = SELL/SHORT Bias so in other words, *if you trade 1Day Chart Timeframe, you will use the WEEKLy chart Timeframe to find MACD Cross for your entry. *If you trade 4Hours Chart Timeframe, You will use the DAILY chart Timeframe to find MACD cross for your entry *if you use 1Hr chart Timeframe, you will use the 4HOURS chart timeframe to find MACD cross for your entry Thanks for liking and your support. You can join the MFT house to improve and polish your trading skills for free.
by MachiavelliTrader
8