Sellstop
Eurjpy bulls are getting weakEURJPY TECHNICAL ANALYSIS:
Price action: eurjpy failed to make a new high in h4 chart and is currently trading above the 400 hour simple moving average, if price broke it and closed with at least 3 h4 candles below the moving average you can open a short trade until the support as highlighted in the chart, use a small stop loss. It can occur tomorrow or monday, if by monday that moving average won t be broken ignore this idea.
Frank Trader
Enjoy your trading and use a proper money management!!!
GBPCHF analysis using BTMM and ICTThis is one of the most controversial pairs in the market in terms of the BTMM. I am saying this because it never even moved a level for us to get a reversal entry. if look from Monday, it has been resetting since then. We are only looking at getting a return move to the last week's low for us to go long
EURJPY - 11/07/2021 - SELLMarket has overall been bearish.
Originally missed a Sell opportunity earlier on in the market, analysis is showing hopefully a Re-entry for the major sell.
4H TF shows low highs and lower lows, perfect opportunity to catch one of the retraces for a perfect sell opportunity.
Both retraces so far breached the 50MA, I assume the retrace will do the same again, however to counter act that I will place a Sell Stop and as well as a Sell Limit for if it actually does cross the 50MA (The Sell Limit I have a placed is a rough prediction).
I believe market will continue long term to the Support Zone shown, hoping for a profit of +411 Pips with a risk of -30 Pips.
After publishing I will probably move a TP further back up the market to secure profits, the TP shown is meant for an idea of the overall Pips collected.
Sell with sell stopPresented is a 1 hr sell analysis with sell stop.
We are in strong resistance zones that are holding true. Chart pattern tells us a sell off to our strong support holds.
Sell stop at 1.41750 and watch for our first reversal support at 1.41400.
RSI is continuing towards oversold while MACD/SIGNAL initiated a cross down towards 0 line.
TP at 1.41200 and 1.41000.
Please comment with thoughts and ideas and be patient for sell stop. Thank you.
Understanding the difference between market pending orders !!Hello traders
Today our btcusd chart will show you the differences of market pending orders. These order types will help you to avoid getting into the market early.
Please read the chart carefully and adopt it into your trading entry rules.
Thank you and trade safely.
EUR/USD Sells - Price has broken below the H4 support region and has made new lows on 30min timeframe
- This brings us to a 3v1 bias to the downside for the time being
- A sell stop has been set in order to catch the momentum if it should continue
- Targets set at next level of higher timeframe structure
EURUSD scalping explained (Buy/Sell stops W/TP)I have previously posted my scalping strategy basics with this pair. In this post I will explain the strategy in depth with my Buy/sell stops with TP points.
Currently I am in a long position after the strong retest of 1.18000. My tp is set at 1.18800. Once my first TP hits a buy stop will trigger with a TP target of 1.18900. Once my second TP hits and exhibits a strong retracement I will then place a sell stop at 1.18800 now that I would have stronger sentiment that the pair won’t make a continuation break past 1.18900. I will also place a stop loss at 1.18800 if the retracement takes place prior to hitting 2nd tp. This will be the small risk of losing minor profit.
The sell scalp is tricky to %100 forecast due to the strong pivot point at 1.18500. That being said my first TP is at 1.18500. To avoid loss of profits from pull backs I place at sell stop at 1.18450 as this is a safe point of continuation past 1.18500. If the 1.18450 sell stop is triggered I will place my TP at 1.18200 and utilize patience to trust the process of a small pull back at 1.18300 to then proceed to 1.18200. Once we hit 1.8300 a buy order will be placed in the event the pullback does not correct to 1.18200. A buy stop will also trigger at 1.18200.
If there is a strong pivot in play at 1.18500 support I look to place a buy stop at 1.18600.
I am a firm believer in having strict rules to follow for the most successful trades. If you have a strict set of rules that generate profit when followed correctly, it’s hard to rack up loss. Hope this is helpful.
NOTE: THIS A SCALPING STRATEGY! Please comment with thoughts! Thank you!
Week 39: ZSX 2020 is into the Unknown Weekly analysis for ZSX2020
Week 39: 21 September to 25 September 2020
Currently the price is roaming in an unchartered territory, we have no reference on how far the price will go higher.
Instead of speculating on how high it will go, as a trader, we take decision on a signal that has a higher degree of certainty.
Therefore, we are setting a Sell Stop rather than hoping the price will go higher to unknown area.
This week, if the price hits our Sell Stop, it means the price will change it's direction.
My personal trade call:
Sell Stop: $1,034.5
Stop Loss: $1,048.5
Take Profit: $991.0
Risk Rewards Ratio: 3.48R
Disclaimer :
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee .
As always, move your SL when you are in the profit zone.
GBP/CAD Daily Forecast (14th July)I see today's opportunity on a GBP/CAD hourly chart.
A trend line break has occurred, however, RSI is close to the oversold range. A retest may follow back to the trend line, after which another wave of sales may break through the key level as well. This is an excellent short option for us, with a pending order we can easily board when it happens.