NZDCHF long running 📈🙏Earlier on today our reversal strategy presented a long trade on NZDCHF.
I wasn't at the chart at the time of alert but despite going close to stop loss this trade is still valid and running.
This working the 15M time frame and trade is now a few hours in.
This is a new reversal strategy script we are trialling at the moment.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Any questions on this strategy hit the comments section below.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Reversalzone
EURAUD short in progress 👍🙌Earlier on today our reversal strategy presented a long trade on EURAUD.
This working the 30M time frame and trade is now a few hours in.
This is a new reversal strategy script we are trialling at the moment.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Any questions on this strategy hit the comments section below.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
NZDCHF goes 3 out 3 on our reversal strategy 💪Over the coming weeks I'll be sharing more ideas from a reversal strategy that is currently in development.
This Idea for NZDCHF 15M gives more of an insight on to how the trade are presented and show on the charts.
This strategy differs from our 'EDGE' strategy which is a trend follow strategy.
The strategy on display here is a reversal strategy and is more geared to taking consistent smaller moves that occur in the market.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Alert is set for next trade so if I'm online I will be sharing that.
Any thoughts or questions on the strategy just hit the comment box below.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
GBPNZD long trade present on RSI strategy 📈🙌Earlier this morning our RSI reversal strategy presented a long trade on GBPNZD.
This working the 15M time frame and trade has been running for a few hours.
This is a new reversal strategy script we are trialling at the moment centred around the RSI indicator.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Any questions on this strategy hit the comments section below.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Good things comes to those who wait! 😋💪Back on the 24th of June I shared an GBPCAD idea working the 15M time frame.
Nine trading days and two weekends later that trade has landed 👌
Original idea can be seen below
Moral of the story is the markets favour those with patience and favour those with proven strategies that get followed to the letter.
This is a new reversal strategy script we are trialling at the moment centered around the RSI indcator.
Trade details are shown on the chart and todays trade added a 2.5% gain.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Any questions on this strategy hit the comments section below.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Time for another long on GBPNZD 👌We didn't have to wait long for an alert on this pair again.
Only a few hours earlier just shared this idea on how it just gone 3 out of 3.
Take profit is the green dotted line being printed as trade progresses. Pink line is stop loss.
This a reversal strategy script that is currently in development. We are working the 15M time frame here.
This strategy also has a built in strategy tester. Previous trade is also shown on the chart for this idea.
Trade history can be seen below this trade idea too for full transparency.
Any thoughts or questions on the strategy just hit the comment box below.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Take profit is the green line. Pink line is stop loss. Working the 15M time frame again.
Trade history can be seen below this trade idea too for full transparency.
Alert is set for next trade so if I'm online I will be sharing that.
Any thoughts or questions on the strategy just hit the comment box below.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Take profit is the green line. Pink line is stop loss. Working the 15M time frame again.
Trade history can be seen below this trade idea too for full transparency.
Any thoughts or questions on the strategy just hit the comment box below.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
GBPCAD long closing in on TP 🎯I just couldn't keep paced with GBP trades earlier on.
One that's well in progress now is this GBPCAD trade on our reversal strategy.
This is a new strategy script we are trialling at the moment.
Trade details are shown on the chart and we are working the 15M time frame.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Google long seeking TP 🎯Just before New York session open I wanted to share a google trade idea.
Currently been in this trade since the 16th of June.
I am using our reversal strategy that is still in the early stages of development.
Using customised RSI values specific to the instrument is the main feature for identifying trades.
Only just started using this strategy for stocks.
Entry details are shown on the chart.
Green line is take profit. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
The back test for this stock is very solid in my opinion.
Any feed back from fellow stock traders hit the comment box below.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
GBP/NZD AnalysisWelcome back! Please support this idea with a LIKE if you find it useful.
*** GBP/NZD - Daily correction has been completed and currently rejecting 50% fib, price above 50 MA and strong reversal zone.
Potential target around 9550...
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian Kenya Horton, BK Forex Academy
Leave a comment that is helpful or encouraging. Let's master the markets together :)
Trend Reactionary Numbers Natural Contraction & ExpansionThrough trail and error and years of experimenting I discovered that Price movements determine FUTURE Price movements. Markets have a dominate tendency to exhibit support and resistance at price points defined by percentage increases and declines of past Peak to Trough movements and vice versa. I was able to approximate the ideal ratio values to determine these future points of support and resistance . These levels have become my propriety Trend Reactionary Numbers that through natural market movements need to be adjusted. You will ascertain with the help of my TRNS that market movements assemble themselves into a few conspicuous types of action that have a certain orderliness. This orderliness is the price expression of human nature, or market psychology it is where we get to watch what drives traders to do what they do. It is a picture of the most powerful human habits. The habits of Fear, Hope and Greed are all charted out for us to observe and take advantage of.
Trend Reactionary Numbers Natural Contraction & ExpansionMY DAILY RANT :
As prices advance and decline the Market creates new important foot prints for astute traders to gain clues from. In my opinion the market is creating mini Waves that are at first random based on the two main factors of market traders personalities, Fear and Greed. When the market has expanded into new territory or reacted down into new territory the hourly, daily and weekly fluctuations are very difficult to forecast. This is where the masses lose capital. In the market the crowd is wrong 90% of the time because the majority of traders are following current price movements, those that followed earliest have the greatest chance to profit, however, they do not know when to escape and tend to lose the gains that were luckily attained {once again to emotions of Greed and Fear, a never ending vicious circle for the neophyte}. In short most traders do not like to think or study it is not an easy task. Thinking and Study require patience and effort. I once read a profound statement "Patience is not a virtue of the weak". That short statement helped me immensely, I was once guilty of all those market sins and more which I will detail in future posts. Now back to the task at hand, the explanation. My take on the market has evolved through my 30 years of active market participation, and one major {for me } paradigm shift occurred when I shifted away from the temporal use of Time. I realized that having a temporal Belief was creating confusion in slow or fast moving markets. Whenever you create confusion it produces frustration which creates non-adaptive behavior that gets you STUCK and that creates losses. I would bet that 99% of the traders that are reading this post if asked for their definitions of short, intermediate, and long term would respond in some sort of time factor. Many would say that short term is 3 days or less, Intermediate is 2 weeks and long term is monthly or some combination of those time factors. These widely used terms and definitions over time {no pun intended} did not serve me well. They may be appropriate for the non professional trader to describe how long he wishes to hold a position or to describe market movements as he understands them, but not for the professional. I had come to realize that due to increased volatility, speed of market news dissemination and Blog Factors {think Game Stop for example} market movements that in the past took weeks or months are now being completed in days or sometimes hours. I adopted different descriptions of short, intermediate, and long term to percentage price movements instead of specific time intervals. This one shift in beliefs allowed me to see mathematically how far a market moved and at what speed it was moving {based on the time factor}. It gave me an ability to realize an Intermediate move{for example} was happening very quickly and that alerted me to look for escape levels for profits or to cut a loser.
Consider These Percentages:
Ultra Short Term 1/2 % {.005} - 1.9%
Short Term 2% - 2.99%
Standard Term 3.0% - 3.99%
Medium Term 4%- 5.99%
Standard Medium Term 6% - 8.99%
Long Term 9% and above.
Through trail and error and years of experimenting I discovered that Price movements determine FUTURE Price movements. Markets have a dominate tendency to exhibit support and resistance at price points defined by percentage increases and declines of past Peak to Trough movements and vice versa. I was able to approximate the ideal ratio values to determine these future points of support and resistance. These levels have become my propriety Trend Reactionary Numbers that through natural market movements need to be adjusted. You will ascertain with the help of my TRNS that market movements assemble themselves into a few conspicuous types of action that have a certain orderliness. This orderliness is the price expression of human nature , or market psychology it is where we get to watch what drives traders to do what they do. It is a picture of the most powerful human habits. The habits of Fear, Hope and Greed are all charted out for us to observe and take advantage of.
NIO: Is this sell-off for real?Hello traders and investors! Let’s talk about NIO today.
First, NIO lost downwards the Descending Channel we discussed in our last study, so it just resumed the bear trend until the next support level. And as usual, the link to my previous analysis is below this post.
The $ 35 area is interesting, as NIO filled an open gap , and it found a support there too (black line). When a stock is near a support level, the Risk/Reward ratio usually is very high, and if NIO reacts around here would be an amazing sign.
Now, let’s see the daily chart:
Let me be clear: The trend is bearish, and we have no clear reversal sign ahead. But I’m very curious about the volume seen in the past days. During the entire last bear leg, after it found a top around the 21 ema at the $ 46.28 (black line), it dropped with a very low volume. And when it started to get closer to the $ 35 area the volume started to increase again. What’s more, Friday’s bullish reaction had a higher volume than usual.
Usually, this indicates that this is not a real sell-off , but since NIO is quite weak and we have no reversal sign ahead, there’s nothing interesting to do. But I agree that if we see any bullish sign this week, it could offer a brilliant buy opportunity for everybody who wants to buy NIO or increase position, as the R/R ratio is very high.
Let’s see how NIO will play out in the next few days, and remember to follow me to keep updated about our daily studies, and if you liked this idea, please, support it!
Thank you very much.
DJI TVC:DJI : Be fearful When Everyone has is being greedy
Stock market has been running on optimism for past couple months,
now when all the good new, stimulus, reopening, tech-stock earnings are calculated in this bull run,
in my opinion market is heading for a healthy correction,
unless S&P earnings grows 30 times !!!
good reversal zone may reside between 31800-32600 DJI during 10-26march.
Trend Reactionary Levels Trend Reactionary Numbers (TRNs) are powerful Support and Resistance Zones that will be respected by the Markets. These Numbers are the outcome of 30 years of Trading Experience with over 15+ years on Wall Street. I worked for Institutions like Deutsche Bank, BNA, CRT and DG Bank in New York.
They are calculated by a proprietary formula and other variables which result in Key Market Reversal Points. As the Price of the Financial Instrument Expands or Contracts the TRNs will be adjusted to the new exponential Average True Range.
Recent Price activity suggested two new reactionary levels of Resistance and Support reflected in the deeper red lines.
Trend Reactionary Levels Trend Reactionary Numbers (TRNs) are powerful Support and Resistance Zones that will be respected by the Markets. These Numbers are the outcome of 30 years of Trading Experience with over 15+ years on Wall Street. I worked for Institutions like Deutsche Bank, BNA, CRT and DG Bank in New York.
They are calculated by a proprietary formula and other variables which result in Key Market Reversal Points. As the Price of the Financial Instrument Expands or Contracts the TRNs will be adjusted to the new exponential Average True Range.
DOWJONES Futures YM1! TRNs32427.41
32016.64
31600
31195.09
30700
30373
Who Am I To Develop an Indicator?
I must admit that once I developed these areas of Resistance and Support, I could not faithfully trade them. I had no real confidence in the levels because I created them. In order to gain confidence, I had called up several traders from different bank trading desks (all given different currency TRNs as not to skew the data) and asked them to evaluate these pivot points I was using. The positive feed back was overwhelming. All traders wanted to know how to calculate them. Many were using with Fibonacci Levels and Pivot levels to fortify Resistance and Support levels. When asked what service I was using to obtain these levels I then revealed I derived them. Still in disbelief as to their validity I kept asking my fellow traders “Do You See What I See?” Most replied “Of Course” and “Are You Blind?” to the most assuring “ Hey just keep calculating and Giving them to me, they are a great incite.” Their replies to my question convinced me to finally have faith in my indicator. Over time you will also see the power in these points to help you make educated trading decisions that lead to low risk, less confusion and superior profits.
All the Best
ETHUSD TRNs UpdateWhile I have seen and heard of Crypto Trading I must admit that I paid no attention to the explosion of these markets. Being an old salt Bank currency trader when I discovered Bitcoin at 3.00, I laughed and thought to myself these guys are going to get set up by the G7. The Central Banks are the biggest and most Powerful Mafia on the globe. They don't like competition. They will allow them to get really invested and outlaw them crashing the market. I Was Completely Wrong and Missed A huge opportunity because of narrow minded thinking. Am I very Late to the party ? No, I think I missed the First few Dances as this Party is just getting Started. The Volatility is fantastic and the liquidity deeper than the Marianas Trench. I look forward to commenting on and proffering my ideas to this community.
Here are the lower TRNs:
1454.36
1368.75
1296.68
1224.30
1156.00
1031.80
Who Am I To Develop an Indicator?
I must admit that once I developed these areas of Resistance and Support, I could not faithfully trade them. I had no real confidence in the levels because I created them. In order to gain confidence, I had called up several traders from different bank trading desks (all given different currency TRNs as not to skew the data) and asked them to evaluate these pivot points I was using. The positive feed back was overwhelming. All traders wanted to know how to calculate them. Many were using with Fibonacci Levels and Pivot levels to fortify Resistance and Support levels. When asked what service I was using to obtain these levels I then revealed I derived them. Still in disbelief as to their validity I kept asking my fellow traders “Do You See What I See?” Most replied “Of Course” and “Are You Blind?” to the most assuring “ Hey just keep calculating and Giving them to me, they are a great incite.” Their replies to my question convinced me to finally have faith in my indicator. Over time you will also see the power in these points to help you make educated trading decisions that lead to low risk, less confusion and superior profits.
All the Best
XAGUSD SILVER TRNs60.00
57.74
54.74
52.08
50
46.87
44.98
42.08
38.35
36.19
33.50
31.37
30.66
30.10
28.88
25.67
23.10
19.00
16.40
12.00
Who Am I To Develop an Indicator?
I must admit that once I developed these areas of Resistance and Support, I could not faithfully trade them. I had no real confidence in the levels because I created them. In order to gain confidence, I had called up several traders from different bank trading desks (all given different currency TRNs as not to skew the data) and asked them to evaluate these pivot points I was using. The positive feed back was overwhelming. All traders wanted to know how to calculate them. Many were using with Fibonacci Levels and Pivot levels to fortify Resistance and Support levels. When asked what service I was using to obtain these levels I then revealed I derived them. Still in disbelief as to their validity I kept asking my fellow traders “Do You See What I See?” Most replied “Of Course” and “Are You Blind?” to the most assuring “ Hey just keep calculating and Giving them to me, they are a great incite.” Their replies to my question convinced me to finally have faith in my indicator. Over time you will also see the power in these points to help you make educated trading decisions that lead to low risk, less confusion and superior profits.
All the Best
XAUUSD GOLD TRNs2151.42
2102.49
2030.86
2006.40
1980.17
1955.72
1931.24
1906.00
1882.32
1857.86
1808.93
1752.78
1746.49
1719.18
1654.53
1562.00
1475.72
Who Am I To Develop an Indicator?
I must admit that once I developed these areas of Resistance and Support, I could not faithfully trade them. I had no real confidence in the levels because I created them. In order to gain confidence, I had called up several traders from different bank trading desks (all given different currency TRNs as not to skew the data) and asked them to evaluate these pivot points I was using. The positive feed back was overwhelming. All traders wanted to know how to calculate them. Many were using with Fibonacci Levels and Pivot levels to fortify Resistance and Support levels. When asked what service I was using to obtain these levels I then revealed I derived them. Still in disbelief as to their validity I kept asking my fellow traders “Do You See What I See?” Most replied “Of Course” and “Are You Blind?” to the most assuring “ Hey just keep calculating and Giving them to me, they are a great incite.” Their replies to my question convinced me to finally have faith in my indicator. Over time you will also see the power in these points to help you make educated trading decisions that lead to low risk, less confusion and superior profits.
All the Best