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Rogervtradingideas

[GBPAUD Short] 10 August, 2021 - Roger V Trading Ideas10/08/2021 GBPAUD Entry Resistance level idea: 1.88650 - 1.89200 Resistance TP Support level idea: 1.86000 Final SL for all Short positions: 1.90000 Resistance Level Comment: 12AM mid-night, a trading idea just came into Roger V's head after looking at the GBPAUD weekly chart. - A risk that must be taken - A Stop-loss that may happen - A Take Profit may also happen What would happen? This idea basically has a very short range of stop-loss from the entry point and a wide range for the take profit. The risk ratio of 1:3 with three higher lows with its Doji signal. Roger V would take the risk and try for the adventure! Woo! -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
1
[EURUSD Short] 30 July, 2021 - Roger V Trading Ideas30/7/2021 EURUSD Entry Resistance level idea: 1.22350 Resistance TP Support level idea: 1.20300 1.19000 (Best Scenario) Final SL for all Short positions: 1.23650 Resistance Level Comment: The market has temporarily come to an end with the US dollar index going strong and going in a retracement. The next potential entry I will be looking for if the resistance level occurs will be at the price approximately near 1.22350 up and down. (This will depend at the time on how the market consolidates.) If the strength of momentum for EURUSD ceases at the price near where Roger V trading idea has been posted. The first aim of TP support level will be looking at 1.20300, and if the candlestick does not show any obvious weakening signal or factors that may cause the instrument EURUSD to go in bullish trend again. I will be looking at the price for the next TP support level of approximately 1.19000. The final SL for the long term will be 1.2365000 if no consolidation or weakening signal appears there. A SL will be taken into action by Roger V if it actually happens. -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[EURUSD Short] 30 July, 2021 - Roger V Trading Ideas30/7/2021 EURUSD Entry Resistance level idea: 1.22350 Resistance TP Support level idea: 1.20300 1.19000 (Best Scenario) Final SL for all Short positions: 1.23650 Resistance Level Comment: The market has temporarily come to an end with the US dollar index going strong and going in a retracement. The next potential entry I will be looking for if the resistance level occurs will be at the price approximately near 1.22350 up and down. (This will depend at the time on how the market consolidates.) If the strength of momentum for EURUSD ceases at the price near where Roger V trading idea has been posted. The first aim of TP support level will be looking at 1.20300, and if the candlestick does not show any obvious weakening signal or factors that may cause the instrument EURUSD to go in bullish trend again. I will be looking at the price for the next TP support level of approximately 1.19000. The final SL for the long term will be 1.2365000 if no consolidation or weakening signal appears there. A SL will be taken into action by Roger V if it actually happens. -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[XAUUSD Short] 20 July, 2021 - Roger V Trading Ideas20/07/2021 XAUUSD Entry Resistance level idea: In between: 1905 - 1909 TP Support level ideas: TP1: 1875 Ideally, stop at TP2 TP2: 1824 Looking for more opportunities, and further risk - continues to TP3 TP3 (Ideal): 1778 The critical Support level at 1684 - if break potentially further to 1583 Support Critical Spot: 1684 Everything stops near here TP4: 1583 Final SL for all Short positions: 1922 Resistance Level Comment: Gold XAUUSD Roger V Trading Idea analysed on 20 July 2021. The main resistance level will be in the range of 1905 to 1909 to test out its all-time consolidation high in 2021. If the momentum reaches near the expected resistance of 1905 to 1909 and did not show any signal of weakening in the combination of H1 and H4. This trading idea will immediately be ceased and do not continue. To clarify the wording above, the word "near" taking the price above 1905 to 1909, 1902, and 1912 can be considered as "near" depending on the market situation with the momentum at the time. If the market was positive to follow the trading idea trend as analysed. Roger V will consider placing a short position as planned when the H1 and H4 signal occurs for a short position and having the final SL to SL once it goes above or near 1922 as mentioned. Hence, 1922 can be in the range between 1918- 1925. This will depend on the market situation at the time to determine if SL or possible of fake breakout. The first target TP will be aiming at the price near the 1875 support level, followed by 1824 (TP2). If the market were to perform further with its bearish trend. A price further down to 1778 can be considered. At that time, gold will be in a one-sided direction for a few months already. A lot of trading groups will all be chasing a bearish trend on gold. However, please do keep in mind if it continues to fall at the time, 1684 will be a critical support level of a breakout for a further fall for gold. If gold were to get supported at the support level of 1684 and did not break. The bearish trend may change. If gold were not to get supported at the support level of 1684 and did breakout. A further fall of gold may go to a possibly near the price of 1583. If the market were to actually happen to this critical scenario, at the time any price that goes below 1650, Roger V will stop any trades, and not have any positions anymore for gold until the next long-term analyse scheduled in the group. Time frame: The analyse on gold for this may possibly continue until June 2022. However, this may depend on the situation and will update further in the group if any variations. -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
FOREXCOM:XAUUSDShort
by aluotradingjournal
[GBPUSD Short] 28 June, 2021 - Roger V Trading Ideas28/06/2021 GBPUSD Entry Resistance level idea: 1.41900 Resistance TP Support level idea: 1.39050 Final SL for all Short positions: 1.42950 Resistance Level Comment: Wait for the trend gets near or within the part squared into its resistance level before the weakening signal appears. -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[XAUUSD Short] 25 May, 2021 - Roger V Trading Ideas25/5/2021 XAUUSD Entry Resistance level idea: 1880.00 Resistance TP Support level idea: 1838.00 Final SL for all Short positions: 1896 Resistance Level 1909 Resistance Level (Final) Comment: This XAUUSD Gold trade ideas was made on the 25th of May 2021 on FB Group. However, did not get a chance to comment on here. As far happened since 25th of May, the trading idea stoploss was hit at 1896 for the first order in. However, the second time in should be at around 1906~1909. The trend tested its resistance, and did not breakout. Meaning that, the trading ideas for gold valid. -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
FOREXCOM:XAUUSDShort
by aluotradingjournal
[USDCAD Long] 12 Feb, 2021 - Roger V Trading IdeasUSDCAD Entry Support level idea: 1.269000 Support   TP Resistance level idea: Target 1: 1.281000 Target 2: 1.291000   Final SL for all Long positions: 1.255000 Support Level (This was first posted the ideas in Roger V Club group on the 12th. However, first posted on 15 Feb 2021 on tradingview.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Long
by aluotradingjournal
[USDCAD Long] 12 Feb, 2021 - Roger V Trading IdeasUSDCAD Entry Support level idea: 1.269000 Support   TP Resistance level idea: Target 1: 1.281000 Target 2: 1.291000   Final SL for all Long positions: 1.255000 Support Level (This was first posted the ideas in Roger V Club group on the 12th. However, first posted on 15 Feb 2021 on tradingview.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Long
by aluotradingjournal
[GBPUSD Short] 8 Feb, 2021 - Roger V Trading IdeasGBPUSD Entry Resistance level idea: 1.373000 Resistance   TP Support level idea: Target 1: 1.36400 - 1.3675000 (Potential of short term consolidation here.) Target 2: 1.356500   Final SL for all Short positions: 1.377000 - 1.380000 Resistance Level (This was first shared on 5 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy it.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
1
[AUDCAD Short] 5 Feb, 2021 - Roger V Trading IdeasAUDCAD Entry Resistance level idea: 0.984000 Resistance   TP Support level idea: Target 1: 0.962000   Final SL for all Short positions: 0.9915000 Resistance Level (This was first shared on 5 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[AUDCAD Short] 5 Feb, 2021 - Roger V Trading IdeasAUDCAD Entry Resistance level idea: 0.984000 Resistance   TP Support level idea: Target 1: 0.962000   Final SL for all Short positions: 0.9915000 Resistance Level (This was first shared on 5 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[EURJPY Short] 5 Feb, 2021 - Roger V Trading IdeasEURJPY Entry Resistance level idea: 127.1000 Resistance   TP Support level idea: Target 1: 125.75000 Target 2: 124.65000   Final SL for all Short positions: 127.9000 Resistance Level -------------------------------------------- EURJPY Trading Comment EURJPY currently focusing on the price action double top to see if it can be resisted over at 127.100 resistance level. If a double top forms, it is expected to see a bearish trend to fall roughly 200 pips down. However, trading must always be aware of the worst scenario. Therefore, 127.900 resistance level, if it fully breaks. All short position trades will be terminated. Hint: Always remember to control the lot size, and not over trade in a short-range in pips. #forex #EURJPY #tradingideas #trading #investment #economics #finance #stocks #rvta #rogervtradingacademy #rogervtradingideas (This was first shared on 5 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[EURJPY Short] 5 Feb, 2021 - Roger V Trading IdeasEURJPY Entry Resistance level idea: 127.1000 Resistance   TP Support level idea: Target 1: 125.75000 Target 2: 124.65000   Final SL for all Short positions: 127.9000 Resistance Level -------------------------------------------- EURJPY Trading Comment EURJPY currently focusing on the price action double top to see if it can be resisted over at 127.100 resistance level. If a double top forms, it is expected to see a bearish trend to fall roughly 200 pips down. However, trading must always be aware of the worst scenario. Therefore, 127.900 resistance level, if it fully breaks. All short position trades will be terminated. Hint: Always remember to control the lot size, and not over trade in a short-range in pips. (This was first shared on 5 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[AUDNZD Long] 1 Feb, 2021 - Roger V Trading IdeasAUDNZD Entry Support level idea: 1.00500 Support   TP Resistance level idea: Target 1: 1.029000 Target 2: 1.060000 Final SL for all Long positions: 0.997000 Support Level (This was first shared on 1 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Long
by aluotradingjournal
[NZDUSD Short] 29 Jan, 2021 - Roger V Trading IdeasNZDUSD Entry Resistance level idea: 0.723000 Resistance   TP Support level idea: Target 1: 0.713000 Target 2: 0.704000   Final SL for all Short positions: 0.734000 Support Level -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[NZDUSD Short] 29 Jan, 2021 - Roger V Trading IdeasNZDUSD Entry Resistance level idea: 0.723000 Resistance   TP Support level idea: Target 1: 0.713000 Target 2: 0.704000   Final SL for all Short positions: 0.734000 Support Level -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[GBPJPY] 6 Jan, 2021 - Roger V Trading IdeasGBPJPY Entry Resistance level idea: 140.8000 ~ 141.1000 Support   TP Support level idea: Target 1: 138.800 Target 2: 137.200   Final SL for all Short positions: 143.000 Support Level GBPJPY Trading idea comment: GBPJPY has gone in a bullish trend for a while, and has finally showing potential signal to an end to its bullish direction on the weekly/ monthly chart. However, as far today, a bearish candlestick is seen on the weekly chart after few days 2021 begins. To increase the potential bearish trend, it is best off to observe for another week and wait for next weeks retracement (if there is one) to see if any potential swing trade opportunities. Roger V usually prefer trading conservative to a point, if it triggers, then the war begins. However, if it does not trigger and does not happen to what is expected, then this trading idea opportunity will be forfeited. Case if triggers: To be safe, and following Roger V Trading Strategy. If the trade appears with a favoured weakening combination candlestick signal at or near the price of the estimated forecast price range resistance level and it triggers the strategy rules. The trading opportunity will be valid, and will be ready to give it a go to trade for a short position. Case if not triggers: Immediately give up the trading opportunity and patiently wait for next pair trade opportunity and repeats the procedure again. ( has to be a bit robotic when it comes to trading strategy. Elsewise, the psychological side of trading will affect in trading. That is not we want.) Worst Case Scenario: However, if at the worst, a resistance final SL at 143.000 for all short positions will be terminated. Elsewise, continue following with the TP target from the trading idea provided. Best Case Scenario: I believe everyone will know already, Take Profit (TP) and earn the money instead of lose get trigger by Stop Loss (SL) or lose the money. Don’t forget that Roger V Trading Strategy, includes trading short term in a long term strategy from retracements and the 1-3,4 position strategy. (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- How to get closer with market updates? Where to find Roger V? FB/ Google: Search Roger V Trading Academy -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
3
[AUDUSD Short] 27 Jan, 2021 - Roger V Trading IdeasAUDUSD Trading idea comment: The previous AUDUSD trading idea provided on the 12th of November 2020 was expired after the breakout of the final SL resistance level of 0.736000. The direction changed from bearish to bullish after the breakout. Market during the first half of January in 2021 was very quiet and did not fluctuate much for most pairs. However, I was looking around at the market on the 10th of Jan 2021 and saw some price action signal with the US Dollar index forming an earlier stage of reversal to a bullish direction. In relation to this matter, AUDUSD is one of the major pairs that correlate with US Dollar Index. If US dollar goes strong in its value, inversely AUDUSD goes in a bearish direction. Vice versa with US Dollar index going weak against with AUDUSD. It took me 17 days from 10th January 2021 to 27th January 2021, to make a decision that AUDUSD can be one of the selected pairs in the list to go for its trading opportunity. AUDUSD has been in a consolidation of its high and low between 0.769000 to 0.782000 (Still currently on-going with the consolidation.) What is the reason to finally decided to trade AUDUSD? It was a tough decision this morning to decide AUDUSD to confirm to have it be a part of the selected trading pairs. Main factors I see that made my decision for AUDUSD: 1. Price Action a. Upper shadow high for each candle is lowering each week, and no new highs is breaking up the highest one. AUDUSD Weekly Chart a. Descending Triangle pattern channeling i. It is quite similar to the price action. However, the difference between descending triangle is that, it looks at the breakout of the triangle. If it breaks upwards, it means that the trend will go in a bullish. Vice versa, if breaks downwards then it will go in a bearish trend. AUDUSD Daily Chart 3. US Dollar Index volatility strength a. An in depth/ update about the US Dollar index is written in the follow articles i. 12 Jan 2021 - US Dollar Index (Read more) ii. 21 Jan 2021 - US Dollar Index (Read more) Extra Notes: Taking note that AUDUSD previous effective high happened in July 2017 going pass 0.78XXXX. (Please refer to the image below to see the chart.) The high gone over 0.78XXX in 2021 is considered the only effective high comparing with the past 3 years. When new highs are created, to be more conservative it is best to wait for more signals on the higher time frame until it gets more stable and then start after that to have a higher possible winning accuracy for the pair. Right now, this trading idea is announced. Roger V will put this pair in list to try for its trading opportunity for AUDUSD. Worst Case Scenario: Two options: 1. Can wait or ask Roger V on Roger V Diamond Club, to see if the trend is actually true breakout or false break. a. If true breakout - try to find a lower loss to stop loss. b. If false breakout - hold it, and carefully look at the weakening signal from M15 to H4. (Same method as looking at the weakening signal candlestick combination taught in group.) 2. Can stop loss straight away at the final SL, if the loss amount has gone over your expectation. (This is to be known before you make any orders.) Best Case Scenario: Trend does not breakout final SL of 0.867000 support level. Once reach target 1 0.895000 and gets resisted and goes in a retracement. Re-entries for long position will be available among the new re-entry trading idea. -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[AUDUSD Short] 27 Jan, 2021 - Roger V Trading IdeasAUDUSD Trading idea comment: The previous AUDUSD trading idea provided on the 12th of November 2020 was expired after the breakout of the final SL resistance level of 0.736000. The direction changed from bearish to bullish after the breakout. Market during the first half of January in 2021 was very quiet and did not fluctuate much for most pairs. However, I was looking around at the market on the 10th of Jan 2021 and saw some price action signal with the US Dollar index forming an earlier stage of reversal to a bullish direction. In relation to this matter, AUDUSD is one of the major pairs that correlate with US Dollar Index. If US dollar goes strong in its value, inversely AUDUSD goes in a bearish direction. Vice versa with US Dollar index going weak against with AUDUSD. It took me 17 days from 10th January 2021 to 27th January 2021, to make a decision that AUDUSD can be one of the selected pairs in the list to go for its trading opportunity. AUDUSD has been in a consolidation of its high and low between 0.769000 to 0.782000 (Still currently on-going with the consolidation.) What is the reason to finally decided to trade AUDUSD? It was a tough decision this morning to decide AUDUSD to confirm to have it be a part of the selected trading pairs. Main factors I see that made my decision for AUDUSD: 1. Price Action a. Upper shadow high for each candle is lowering each week, and no new highs is breaking up the highest one. AUDUSD Weekly Chart a. Descending Triangle pattern channeling i. It is quite similar to the price action. However, the difference between descending triangle is that, it looks at the breakout of the triangle. If it breaks upwards, it means that the trend will go in a bullish. Vice versa, if breaks downwards then it will go in a bearish trend. AUDUSD Daily Chart 3. US Dollar Index volatility strength a. An in depth/ update about the US Dollar index is written in the follow articles i. 12 Jan 2021 - US Dollar Index (Read more) ii. 21 Jan 2021 - US Dollar Index (Read more) Extra Notes: Taking note that AUDUSD previous effective high happened in July 2017 going pass 0.78XXXX. (Please refer to the image below to see the chart.) The high gone over 0.78XXX in 2021 is considered the only effective high comparing with the past 3 years. When new highs are created, to be more conservative it is best to wait for more signals on the higher time frame until it gets more stable and then start after that to have a higher possible winning accuracy for the pair. Right now, this trading idea is announced. Roger V will put this pair in list to try for its trading opportunity for AUDUSD. Worst Case Scenario: Two options: 1. Can wait or ask Roger V on Roger V Diamond Club, to see if the trend is actually true breakout or false break. a. If true breakout - try to find a lower loss to stop loss. b. If false breakout - hold it, and carefully look at the weakening signal from M15 to H4. (Same method as looking at the weakening signal candlestick combination taught in group.) 2. Can stop loss straight away at the final SL, if the loss amount has gone over your expectation. (This is to be known before you make any orders.) Best Case Scenario: Trend does not breakout final SL of 0.867000 support level. Once reach target 1 0.895000 and gets resisted and goes in a retracement. Re-entries for long position will be available among the new re-entry trading idea. -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[US Dollar Index] 12 Jan, 2021 - Roger V Trading IdeasUS Dollar index What happened to US Dollar index? Since ever US dollar index has broke the support level of the triangle in November 2020. The US dollar index has gone in a bearish trend. Until today on the 12th of January 2021, I was able to return to review the US dollar index chart, and realised there is some potential signal appearing on the MT4 monthly chart, with a bullish candlestick. Knowing that one monthly candlestick represents four weekly candlesticks. As per image shown below. As per Roger V Trading Strategy, new lows or new highs. It is more preferred to wait for extra more candlesticks to be formed in a consolidation before it is considered as a pair to execute the trade. Before the first bullish candlestick is formed in the weekly chart, the strategy taken by Roger V's, is more preferred to idle until the third or fourth candlestick to be formed. I would wait further if there is no in favoured signal appear at the time. Friendly Note: The candlestick formed in a greater timeframe, is more legit and it increases the potential of the direction will proceed. What is happening in the weekly and monthly chart of US dollar index: As seen on the monthly chart, an on-going bullish candlestick is currently forming for January 2021, it may take another 19 natural days to form its candlestick. At the same time, looking into weekly chart, there is four candlestick formed already for December 2020. If the candlestick on the weekly chart can form a bullish candlestick. There is a potential possibility this may be a long term trend turning point for US dollar index to turn its direction from weak to strong with the US dollar. (As per technical and strategy view.) Worst Case Scenario: However, not to ignore the worst case scenario if it happens. If the price goes down to 88.900 (Danger zone) and then if even worse, surpasses the last support level of 87.900. The potential idea of US Dollar in going strong will all cease its idea. Best Case Scenario: All major pairs will be in the direction of US dollar going strong (70~80% correlated most times) Major pairs such as, AUDUSD, USDJPY, USDCAD, USDCHF, NZDUSD, GBPUSD,EURUSD. Gold would also be considered to be a strong correlated relationship with US dollar, as the abbreviation is XAU USD. (For further questions or anything unclear, feel free to leave a message in the posts comment at the bottom of the page or on Roger V Diamond VIP group.) Conclusion: Due to the above reasons, the possibility for US dollar if not breakout the last support level of 87.900. There will be a potential of US dollar going strong in the next few weeks time, or even upward trend in months time. (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- How to get closer with market updates? Where to find Roger V? FB/ Google: Search Roger V Trading Academy -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
INDEX:DXYLong
by aluotradingjournal
1
[GBPAUD] 8 Jan, 2021 - Roger V Trading IdeasGBPAUD Entry Support level idea: 1.743000 Support   TP Resistance level idea: Target 1: 1.77000 Ideal Target 2: 1.868500 (This will update over time if any change.)   Final SL for all Long positions: 1.739000 Support Level GBPAUD Trading idea comment: Over a long period of time for GBPAUD, it has been going in a bearish trend since April 2020. Finally, it is showing signals in the daily chart of two bullish candlesticks like the GBPJPY (Can be found in the image below) that was written on the 8th of Jan 2021 Roger V Trading Ideas (Press here to read the idea of GBPJPY) The weekly and monthly time frame actually does not meet Roger V strategy requirement. However, if daily chart is able to further consolidate in the current status long enough to affect the later weekly chart, and then so on to monthly. The potential success rate in trading long position and entering near the entry level on GBPAUD will be more in favoured. Worst Case Scenario: Two options: 1. Can wait or ask Roger V on Roger V Diamond Club, to see if the trend is actually true breakout or false break. a. If true breakout - try to find a lower loss to stop loss. b. If false breakout - hold it, and carefully look at the weakening signal from M15 to H4. (Same method as looking at the weakening signal candlestick combination taught in group.) 2. Can stop loss straight away at the final SL, if the loss amount has gone over your expectation. (This is to be known before you make any orders.) Best Case Scenario: Trend does not breakout final SL of 1.739000 support level. After a successful consolidation here at 1.743000, rebounded back and break Target 1 of 1.77000, and does not show any potential rebound for a retracement back down again, and goes straight or near to 1.86850. Last statement with GBPAUD idea: Don’t forget that Roger V Trading Strategy, works on the longest time frame and descends to the lowest time frame. It is also alright for those that are wanting to trade a roughly of 10 ~ 60 pips to follow all ideas by Roger V Trading. Just make sure the direction trades are only made in one direction of the trading idea. Unless it breaks the final SL, then all long position for GBPAUD must cease and consider the trading idea was incorrect, and default reverse the direction of the original trading idea direction in idea point of view. (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- How to get closer with market updates? Where to find Roger V? FB/ Google: Search Roger V Trading Academy -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Long
by aluotradingjournal
[GBPNZD] 10 Dec, 2020 - Roger V Trading IdeasGBPNZD Entry Support Recommendation: 1.89250 TP Exit Resistance Recommendation: Resistance level Target 1: 1.92000 Resistance level Target 2: 1.95100 Final SL for all Long positions: 1.88000 ------- (Note: The forecast above is an estimation of the resistance/ support level for the Entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) Roger V WeChat: lokiho512 Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Long
by aluotradingjournal