Safetrading
hdfclife on reactangle support 1st target 560
final target 586
stop loss 510
>hdfclife formed a power candle with surge in volume exactly on an important support level.
>also there is a formation of type of a morning star.
>hdfclife is in a rectangle pattern which makes it a simple trading stock.
>also it is a part of nifty 50
>nifty 50 formed a bearish candle whereas hdfclife formed a bull power candle (marubozu candle), this is a sign that in a bear market, bulls are their in hdfclife stock.
Safe TradingGiven the recent Risk sentiment it is key that no matter what you are Trading you PREPARE and Trade it safely.
After the recent news surrounding global tensions global equities amongst various other asset classes have plummeted.
For those holding positions that are in LOSS, you can do more to limit or lower the amount you may be losing.
You can do this by hedging and using safe havens as a hedge and spreading your positions out.
Lower your size. Do not look for huge wins it can end nasty.
Trade safely.
BTC and appropriate risk management.Don't forget to Click on the Follow button after reading and if you have any questions, please do ask them!
Here we have our BTCUSD which has shown many traders an important lesson as of late.
do not trade too big!
Trading big on assets that can move fast never ends well long term.
Use DCA and small trade sizes, or you can end up on the wrong side of a huge move.
Assets that are capable of being highly volatile are not for gambling. That's what slot machines are for.
BTC 55 EMA Strong Support!Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
When taking a look at BTC/USD on the daily TF, we can see a massive sell off, which was expected after being rejected from the red trendline multiple times & after a decisive break down from the bull-flag. With previous lower lows being taken out easily, a panic sell off seemed to have pushed the price to its next favorable support which is the 55 EMA highlighted in yellow. If the 55 EMA holds we can see it make a move to test the previous s/r which is the white line drawn on my chart but if there's enough sideways action the red resistance line will come into play first. If it does indeed get rejected again from the red or white s/r line, I would not be surprised if it falls back down to the red support line below which has been a massive S/R line in the past. That line is also the next support if the 55 EMA fails.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
YAMANA GOLD BUYERS Exit*Ready For Retracement ....coz reversed in coloured zone for confirmation wait till candle close below the dotline
*Strictly maintain stoploss
*Feel Free To Ask Your Doubts
If You Want To Scalp You Can Do Scalping Also
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
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Disclaimer
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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SHORT AUDUSD LONG 15.07.2019Hello Trading community.
Sharing my AUDUSD strategy again. It is very simple to follow because there is only 1 strict TP and 1 strict SL that you don't need to change once it's set.
Im working with Fib Circles to predict weekly movements. Entry is always on MONDAY 07:00 UTC/GMT+2
ENTRY: 0.70342
TP: 0.70845
SL: 0.69941
AUDUSD SHORT 08.07.2019Hello Trading community.
Sharing my AUDUSD strategy again. It is very simple to follow because there is only 1 strict TP and 1 strict SL that you don't need to change once it's set.
Im working with Fib Circles to predict weekly movements. Entry is always on MONDAY 07:00 UTC/GMT+2
Im a little bit late for this week and our trade is already in TP, but I wanted to share it anyways, because it is the same strategy as always.
ENTRY: 0.69839
TP: 0.69202
SL: 0.70240
AUDUSD LONG 01.07.2019 !!!Hello Trading community.
Sharing my AUDUSD strategy again. It is very simple to follow because there is only 1 strict TP and 1 strict SL that you don't need to change once it's set.
Im working with Fib Circles to predict weekly movements. Entry is always on MONDAY 07:00 UTC/GMT+2
This week was a little tricky... but here is my trade for it:
ENTRY: ASAP ( Mine was 7.0014 for this post )
TP: 0.70559
SL: 0.69595
AUDUSD SHORTHello Trading community.
Sharing my AUDUSD strategy again. It is very simple to follow because there is only 1 strict TP and 1 strict SL that you don't need to change once it's set.
Im working with Fib Circles to predict weekly movements. Entry is always on MONDAY 07:00 UTC/GMT+2
ENTRY: ASAP ( Mine was 0.69563 for this post )
TP: 0.68994
SL: 0.70028
Good luck on the market !
AUDUSD LONGHello Trading community.
I wanted to share my AUDUSD strategy that I polished for the past 5 month. It is very simple to follow because there is only 1 strict TP and 1 strict SL that you dont need to change once it´s set.
Im working with Fib Circles to predict weekly movements. Entry is always on MONDAY 07:00 UTC/GMT+2
ENTRY: 0.68644
TP: 0.69162
SL: 0.68240
If you are a risk taker you can also put the TP at 0.69270. But I figured out that 0.69162 is the safe way to go and I made much more profit with the safe strategy.
IMPORTANT: This is not the final trade yet, ENTRY, TP and SL will probably change when the market stabilizes on monday, so I will update this post on Monday 06:30 UTC/GMT+2.