GBPAUD SS Long + 106 Pip PotentialPrice is above the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.7865
Stop = 1.7845
Risk = 20 pips
Profit target = 1.7971 ( The projected daily high )
Reward = +106 Pips
RRR = 5.3 - 1
2nd Entry = 1.7925
Stop = 1.7895
Risk = 30 pips
Profit target = 1.8015
Reward = + 90 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Allen
Multipletimeframe
GBPAUD SS Short + 39 Pip PotentialPrice is below the Daily KS and the 15 min Cloud is Flat. There are a lot of wicks creating the top of the Asian Box, this is a sign that the market does not want to go higher. This is a Type 3 trade with a High probability and decent RRR.
Entry = 1.7757
Stop = 1.7777
Risk = 20 pips
Profit target = 1.7718 ( The 60 KS )
Reward = +39 Pips
RRR = 2-1
I would appreciate if you leave a comment or like as a thank you
Have a great weekend!
Allen
Bitcoin Resistance Worked - Short Trade 20190721Symbol: Bitcoin, XBTUSD, BTCUSD
Timeframe: 30M
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signal:
Short Timeframe: Green - Red
Medieum Timeframe: 90m Yellow, 2H Lime - Yellow: Resistance worked, Breakout Fading
Long Timeframes – Context: Red – Bearish
SETUP: SHORT
ENTRY @ 10600-10800
SL @ 11101
T1 @ 10301
T2 @ 10151
T3 @ 10001
Manual Stop Condition:
Yellow in 90m or 2H becomes Lime and keeps
Violent Price Swing Upward
Remark about Signals
Lime becomes Yellow means breakout is fading, if a breakout after long time consolidation faded soon, it indicates the zone is supply zone and Bull is not ready for it.
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a one-week free trial of "9 Seasons Rainbow Indicator".
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
GBPNZD SS Short + 76 Pip PotentialPrice is below the Daily and 15 KS as well as the cloud. This is a Type 2 trade with a High probability and good RRR.
Entry = Sell CLOSE below 1.8487
Stop = ??
Risk = 25 pips
Profit target = 1.8409 ( The projected daily low )
Reward = + 76 PIps
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great weekend!
Allen
Bitcoin Short End of Bounce TradeSymbol: Bitcoin vs USD, XBTUSD BTCUSD
Timeframe: 15m
Signal:
Yellow on 30m Ribbon + Red on Multiple Ribbons that bigger than 30m: End of Bounce signal by "9 Seasons Rainbow Indicator"
SETUP
SHORT
ENTRY @ 9780
SL @ 10001
TP-1 @ 9580
TP-2 @ 9450
TP-3 @ 9200
RR-1: 0.9
RR-2: 1.5
RP-3: 2.6
Leave your comment or like, PM the author for a one-week free trial of "9 Seasons Rainbow Indicator".
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
GBPNZD SS + 102 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8468
Stop = 1.8488
Risk = 20 pips
Profit target = 1.8366 ( The projected daily low )
Reward = +102 Pips
RRR =5-1
2nd Entry = 1.8436
Stop = 1.8461
Risk = 25 pips
Profit target = 1.8346
Reward = 90 Pips
RRR = 3.6 - 1
I would appreciate if you leave a comment or like as a thank you
Allen
GBPAUD SS Long + 72 Pip PotentialPrice has retraced and is now above the 60 and 15 KS as well as the cloud. I think the retracement will continue. This is a Type 1 trade with a High probability and good RRR.
Entry = 1.7730
Stop = 1.7710
Risk = 20 pips
Profit target = 1.7802 The 60 min Senkou A
Reward = 72 Pips
RRR = 3.6 -1
** Please note the UK CPI will be released at 4:30 am est. and will directly effect this trade.
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
GBPAUD SS Short + 69 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
Entry = 1.7912
Stop = 1.7932
Risk = 20 pips
Profit target = 1.7843 ( The projected daily low )
Reward = 69 PIps
RRR =3.445 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
** This is my 100th Posted trade :) I will be do an educational post later with Statistics
GBPAUD SS Short +72 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
Entry = 1.7962
Stop = 1.7982
Risk = 20 pips
Profit target = 1.7890 ( The projected daily low )
Reward = 72 Pips
RRR = 3.6 -1
I would appreciate if you leave a comment or like as a thank you
Allen
GBPAUD SS Long + 99 Pip PotentialPrice is above the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
Entry = 1.7946
Stop =1.7921
Risk = 25 pips
Profit target = 1.8045 ( The projected daily high )
Reward = 99
RRR = 4-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
GBPNZD SS Short + 75 Pip PotentialPrice is below the Daily and 15 KS as well as the cloud. This is a Type 2 trade with a High probability and good RRR.
Entry = close below 1.8858
Stop = ??
Risk = 25 pips
Profit target = 1.8780
Reward = 75 Pips
RRR = 3-1
If you like the idea, please push like and follow me, it motivates me to post ideas more often.
And if you have your own ideas about the market at the moment, share them in the comments, I will be glad to see it.
Have a great week!
Allen
GBPAUD SS MA PB Short + 60 Pip PotentialWe have a nice down move in the GBP pairs, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.8200
Stop =1.8220
Risk = 20 pips
Profit target = 1.8140
Reward = + 60 Pips
RRR = 3-1
* understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
GBPNZD SS MA trade + 84 Pip PotentialWe have a nice down move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.9305
Stop = 1.9325
Risk = 20 pips
Profit target = 1.9221
Reward = + 84 Pips
RRR = 4-1
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
EURAUD Post News Long + 60 PIp PotentialAUD weaken significantly after the Monetary Policy meeting minutes were released. So lets take advantage. This pair has now gone into a consolidation between 1.6418 (High) and 1.64068 (Low). Moreover, it is now Above the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 1.6408
Stop = 1.6388
Risk = 20 pips
Profit target = 1.6468
Reward = 60 Pips
RRR = 3-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
Be aware that ECB President Draghi is scheduled to speak at 4am EST. and that will directly effect this trade
EURCHF is bouncing from the lower end of a large rangeOANDA:EURCHF
FX:EURCHF
FOREXCOM:EURCHF
SAXO:EURCHF
EURCHF is bouncing from the lower end of a large range.
Price action has remained above the large support band between 1.1106 to 1.1200 on the weekly chart. The bullish hammer candle that was posted on the week ending 7th June 2019 suggests that buyers could return in the short term.
The daily chart displays a large range and if the buying continues to the close this evening, a bullish engulfing candle will form today.
The intraday chart (4H) appears close to completing a flag pattern, which suggest continuation of the short term trend.
Here is our recommendation today: We look to Buy a break of 1.1220.
Price action is forming a bullish flag which has a bias to break to the upside.
Price action has posted a bullish Engulfing Candle and is positive for short-term sentiment.
Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 1.1220, which will confirm the bullish sentiment.
Target 1 at 1.1280.
Target 2 at 1.1340.
Stop loss at 1.1185.
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GBPAUD SS Short + 103 Pip PotentialPrice is below the Daily, and 60 as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8341
Stop = 1.8361
Risk = 20 pips
Profit target = 1.8238 ( The projected daily low )
Reward = 103 Pip
RRR = 5-1
2nd Entry = 1.8289
Stop = 1.8314
Risk = 25 pips
Profit target = 1.8209
Reward = 70 Pips
RRR = 2.8 - 1
GBPJPY NEWS Short + 100 PIp PotentialAlthough, I am not a big fan of taking trades late in the US Session, This news trade is a good one. That said, please use appropriate risk management as the spreads tend to expand considerably late in the US Session into the Sydney Session.
We had a good push down on the GBP pairs on UK Brexit news and this pair has now gone into a consolidation between 137.73 (High) and 137.564 (Low). Moreover, it is now below the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 137.72
Stop = 138.02
Risk = 30 pips
Profit target = 136.62
Reward = 100 Pips
RRR = 3-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.