Get started

Profit-trade

USD/CAD CUP AND HANDLE PATTERN:- LONG OPPORTUNITYHey Guys, Today am looking at USD/CAD the pair that is about to surprise many traders if they do not take their time to look at it carefully. This pair is at crossroads. It could go either way with this pair and so the most a seasoned trader can do is to focus on how to leave the least probables on the table. It is not secret the pair has been on a fair rise for the last 6 years. So the question is what is planning to do from here. In my closer analysis I found the cup and handle price pattern. Now I am of strong opinion that the pattern has set up the pair to maintain it's bullish outlook. I am watching and expecting the pair to reach 1.66645 which is a 30%. Please again approach this with caution and study the price and what action it brings. If you get a breakout and a confirmation then hop in. That is the only way to trade successfully. If not then follow the pair downstairs as it goes bearish.
Long
by maybacapital
NGas LONG and success AGAIN After the profit of the previous LONG trade it is advisable to trade this asset in the same way from this level: as long as the support area of the 2.70 $ holds, the trend remains lateral/bullish. The fundamentals elements are in favor of an uptrend as a new wave of cold is expected and this will influence stocks that will drop significantly. The target zone remains in the 3 / 3.06 $ area: an upward break will bring the price to around 3.30 $. Join us for further analysis on: Instagram : www.instagram.com Telegram: t.me Facebook Page: www.facebook.com Web: www.bfcminvest.com
NYMEX:NG1!Long
by BFCMInvest
1
TRX/BTC Keep mooning, but a HUGE SHORT is on its way!Pretty doubtful moves here on TRX, but here is how I see the situation. TRX/BTC is being overheated for the last 1.5 months, but there is still some potential to move upwards within the next 1-2 weeks. I am not sure about the waves' count for TRX, but what I showed on the graph is the most possible variant to my opinion. Those, who are eager to trade can open scalp longs and trade the small waves, but I will be looking for SHORT on TRX, since it is going to be a huuuuge move and an excellent profit opportunity. I will post on my Telegram channel (link in "Location") as sson as I will start accumulating SHORT.
Short
by tim23a
USD/JPY - Fundamentals and Technicals at workThis may look a little confusing but I've added a secondary entry on top of our original entry. We're already 80+ pips in profit from last week's setup, and I confirmed our entry in the trade room as well, so if you're a member you should have some profit rolling if you followed me into this position. There are a couple things to think about this week with this pair regarding fundamentals. We still have the government shutdown, the US markets will be partially closed Monday, and rumors about easing Chinese tariffs help perpetuate a strong dollar. So we need to be aware of those 3 things moving forward this week, especially the news about the tariffs. From a technical perspective I am looking to enter a buy off a good candle if support holds which is why my entry line is a little below current price. I've set my stop for this entry just below the previous price structure low, as a break of that area would invalidate this setup and trigger a good time to exit. If we fail to get a drop to support, or fail to hold that support, this setup may become invalidated.
Long
by The808Trader
UK HAS TO GET A BREXIT DEAL - GBP BIG PROFIT UPMOVEHeading in to the key EU October summit to be held this Wednesday where Brexit will be discussed. Lots of positive Brexit talk in the last 2 weeks with the EU saying they're prepared to offer a "supercharged Brexit deal" and that "EU are ready to offer a deal" and most recently, German companies (specifically auto sector) putting pressure on the German govt -0.08% to offer UK a good deal. Why? Because 30% of German cars are sold to the UK, with a bad Brexit deal or under WTO trading rules, tariffs would be imposed and this has negative impacts for German economy. There will be a deal, there has to be. For progress towards a deal, will squire a solution to the Irish border backstop and the conditions of the future trade deal, or future trading relationship between UK-EU. The hardest part of the deal is to get a majority in the UK parliament, with PM May still struggling to get DUP and Tory Brexiteers all on side, if the deal can get a majority in parliament this main headwind will be removed and for once politicians on the UK side will be moving in unison. Ie... we need to see the market fully price out the risk of a no deal Brexit, and a super hard Brexit. However, if there is a no deal, then gbp would rapidly head lower. Could be a very noisy, volatile week with leaks and rumors coming out only to be not confirmed etc... External risks: Situation in Italy underpinning $EURUSD if this risk begins to de-escalate could will aide the rally in gbp. Also the US midterms fast approaching on 06Nov, with CFTCfutures positioning showing $USD longs are the highest since late 2015/ early 2016... might start to see some of the longs unwind their positions heading in to mid terms which would help push up gbp. Technically, heading in to the negotiations, $GBPUSD has been supported around 1.3050 to 1.3000 area. Great horizontal level of support, with a trend line joining the lows. Over the coming weeks, would expect gbpusd -0.64% to trade up to 3450/3500 area, taking profits along the way. Aggressive stop loss would be just below 1.30 handle yielding 6 to 1 returns and a more conservative stop loss below the 02OCT low yielding 3 to 1 return. In Novemeber 2017 there was a rally from 1.30 to 1.35 took roughly 1 month to get there, this is similar to what im looking for
Long
by AlexClarkFX