USDCHF SHORTFX:USDCHF Short
Looking to short to 0.99050 for roughly 100-120 Pips
Already seeing a nice push downward, and hoping to see continuation to Yellow EMA Shown
Short-setup
GBPCAD Bearish move coming soon Reaches the top of channel staring to hit lower highs ; lower low coming in FX:GBPCAD
Gold Bearish Reversal (with active sell trade set up)Gold Bearish Reversal - Multi chart Confluence
It appears that Gold (XAU/USD) has topped at around the $1325 mark and looks like the bulls have run out of steam. Downside momentum now prevails and large retrace is likely, given that 4H, Daily and Weekly charts on gold point to oversold conditions.
I have set up a sell trade on gold with current conditions:
Entry: 1317.76
Stop Loss: 1325.00
Take Profit: 1230.00
R/R ratio : 1:12.2
Trade time frame: 1 - 3 months
This represents an 87.76 point potential with a risk to reward ratio of 1: 12.2.
4h chart:
As you can see on the 4H chart, MACD has officially crossed under (i.e bar has closed) and the histogram has entered into negative territory. Coupled with this is the oversold conditions of the RSI and has now crossed below the 70 upper bound line. From purely the 4H chart, a short term sell trade can be undertaken, however there is still some risk for further inclines. Trades on a 4h chart will be tighter as there is obviously less lag in indicators than larger time frames. I consider 4H charts as a minimum safety net for trades on commodities due to their slightly higher volatility profile than FX or indices.
1D chart:
The daily chart shows quite clearly that there is divergence at some level on both the RSI and MACD crossovers. This is a robust proxy indicator that momentum in the trend is nearing its completion. It is more reliable than simple cross overs being that the divergence serves as a reversal confirmation (in most cases but especially so on daily charts) rather than a brief pause or small retracement before continuation.
That being said, a trend reversal cannot really be confirmed until the candle has crossed and closed in RSI and MACD. While this provides a good safety net, the indicators may lag a couple of days after an ideal entry and risk rewards ratios drop considerably.
Weekly chart:
On the weekly chart, RSI has posted a definite close above the 70 upper bound line. MACD in this case cannot really be considered due to the fact that it lags between 2-6 weeks behind RSI, so it provides little use to us.
The significance of a weekly oversold RSI is that the bullish trend has very little medium - long term gains and a reversal is on its way.
So putting all the time frames together it points to a strong bearish reversal due to the confluence of consecutive time frames highlighting weekness in the current bullish gold trend. So after considering all the information at my disposal, I have confidence in my analysis and I accept the current risk to set up a sell trade on gold.
GBPAUD SHORTGBPAUD HAS BEEN TRENDING UP IT BROKE THE STRUCTURE SO WE MIGHT SEE AN EXTENSION TO THE DONW SIDE.
XRPUSD technical and fundamental analysisThere is not much news coming out on ripple right now, and the market is very slow, with very low volatility. However the general feeling is mostly bearish, in order to see a bull run we need to sustain over the 0.40 USD region.
How ever in the short term, we can see the 8EMA is acting as a support and it just crossed over with the 18MA, which predicts a upwards trend. How ever I don't believe we will be seeing a big clim, but it can easily reach the 0.322 USD / 0.323 USD .
That upward trend can easily be followed by a fall to the 0.314 USD region.
XRP SHORTLooks like XRP is coming to the end of the triangle and we will soon see what if it goes up or down, I bought in at 0.311 USD, so I am
hoping a shot up to the 0.325 USD so I can take profits, before another downfall to the same region.
The market has been very calm and repetitive recently so good for trading, however not very excitting...
Good trading every one, learn before earn :) and you'll be making great profits :)
(I am new to trading so my advice is not to be accepted with out your proper work)
DAX 30 - INVERSE H&S SETTING UP Just the right shoulder left to form.
Will be looking to enter above the break of the neckline.
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The analysis is made based on chart patterns and EW.
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
USDJPY Going down LowerLogically, I think that we should see some sort of retracement to account for the extreme last few days of bearishness. With this in mind, I look to the level of 108.44 to be significant for a reversal of bullish behavior. With the previous monthly trend broken to the downside, I feel that there will be a gravitation towards liquidity of the previous day's wick. Once a reversal is formed within this area, I would look for USDJPY to trade lower below this wick to the next zone.
GBPCAD short IdeaHi Traders,
GBPCAD is ranging and struggeling since weeks and now at upper line of the range.
This give us a good opportunity to go short with a good riskmanagement for this trade.
Let see how it palys out.
Have a good trading week.
HSI continued 0.618 rejection + pinbar1. Still bearish momentum as shown in RSI
2. Pin Bar formed
3. Rejection from 0.618 levels
4. Price action bearish as price could not be maintained above structure.
Gold Q4 2018after a big rejection on 1257 i expect further downside on GOLD
@1230-1220 area before continue its rally in 2019
USDJPY $114.00 Or Bust I have been looking for a mid-term short entry for a while now on UJ and things are starting to line up. Price is being held by a long-term trend line at 114.4 which has been rejected 5 times on the Daily there is also a big Gann level which price is reacting to at 114.00. Retail short sentiment has dropped from a month ago after selling the whole way up, Volume is also building.
Its Still (just) in an upward channel and may try for 114.00+ again which would be a nice short entry. If not a short below 112.1 might do. Looking for 111.4, 110.0 initially. This setup is invalid if the daily closes above 114.5.
EURUSD Mid December PredictionEURUSD prediction
let's trade safe
short term is good for last quarter on 2018
EUR/USD - SIGNAL - SELL / SHORTMy details:
Sell Stop @ 1.12890
Stop loss @ 1.14350
Target @ 1.11300
R:R = 1:1.09
Please follow and leave a like if you enjoy what you see want to see more signals :)
The analysis is made based on order flow using Volume Profile + EW
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
EUR/USD - INTRADAY SIGNAL - SELL / SHORTMy details:
Sell Stop @ 1.14220
Stop loss @ 1.14430 (21 pips)
Target @ 1.13940 (28 pips)
R:R = 1:1.29
Please follow and leave a like if you enjoy what you see want to see more live signals :)
The analysis is made based on order flow using Volume Profile + EW
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
GBP/USD - ONE MORE LEG DOWN (RED TRAIL)I do expect price to come back up one more time potentially retesting the 1.32s before pushing one more time towards the downside down into the 1.21s and 1.20s.
Personally I am not really interested into the minor upside move but more into the leg towards the downside.
Stay tuned for the updates.
Please follow and leave a like if you enjoy what you see want to see more
The analysis is made based on order flow using Volume Profile + EW
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
DAX30 - SIGNAL - SELL / SHORTMy details:
Sell Stop @ 11270
Stop loss @ 11353
Target @ 11165.5
R:R = 1:1.26
Please follow and leave a like if you enjoy what you see want to see more live signals :)
The analysis is made based on order flow using Volume Profile + EW
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
