R_r
EURGBP INTRADAY SCALPING ENTRY, NOT A GOOD R/R BUT CAN BE USEDthere is a bullish 4h setup, entry at price: 0,78894 take profit: 0,78963 Stop Loss: 0,78682
A Time management and Money management must be applied to the signals.
Always have time stops in mind.
This signals are part of my trading system that I have created for my students,
it’s easy to use and is with a straight rules. so 100% clear.
The market knowledge gives a bonus and a room for improvement , so market education is advisable,
The system is given as a part of educational process.
Limit orders are not shown here, but the system is giving them.
Any questions can be asked using email, website or Skype.
I really hope that even this signals will help you to keep your account growing.
Sincerely
Arturs J.
Marenno
www.marenno.com
skype: marenno.business
arthur@marenno.com
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
NZDUSD Short opportunity in play, using the Daily chart.With the Long-term trend being down and the break of a Short-term up-trendline, I see a Short opportunity together with Price Action Bars, ofcourse. Although We can see that Price currently is in an Range structure and we have to be Cautious for the Tests of Support and Resistance.
Further we see previous Divergence of the RSI with the Dominant trend and RSI at the present now being in a Downtrend. I have also drawn an horizontal Support/Resistance line at the number 0.6450, finding that price makes some nice opportunities there.
I am also using a 200Daily SMA and a 21 & 34 EMA, with the 200Dma being the Long-term indication and the 21 & 34 EMA being the Short-term trend indication. The crosses seem strong and on point as of how I like it .
As last I have set an Short position on the chart with a 1:1/R:R ratio target at 0.6500, though i do not use a Target in my trading,, I trail Stops.
Beneath a Snapshot image of the 4-hour chart at the time being:
Short opportunity on the AUDUSD ( IF-THEN )The same thing, i had identified that area as resistance but i didn't had that much of evidence, and of course the R/R was good but not THAT good, and was safer to wait for a confirmation.
Now, the price reached the resistance, went overbought and now is retracing, i would like to see a test the .7208 level again making a double top. But also an harmonic pattern is possible and that could be our excuse to enter and have extended targets, very extended targets.
So IF the price creates an Harmonic pattern THEN i'll have my first targets where the should be and my second targets in the 0.7075 level and i would not move my stop. IF i'm stopped out on that trade because of a spike THEN i would look for the double top to form. IF there is a Double top with divergence THEN i would enter next bar market, with a first target at the 0.7171 level and a second one at 0.7075
