ERUSUD - short M5 confirmed, that resistance on H4 exist, so going short as soon Sell Stop will be reached @ 1.1817
Short-trend
USDCHF 2.265/118 PIPS BANKED - SHORT NOW ACTIVE !!LONG NOW CLOSED AND BANKED A GOOD % GAIN!
SHORT NOW ACTIVE - LETS SEE WHERE THIS ONE GOES :)
GBPJPY + 4.5% / + 415 PIPS !!GBPJPY SHORT STILL RUNNING
Based on 1% risk you would be running at 4.5% gain currently !
Plenty of ways to use this strategy !
FB Facebook - Sell is now valid! Facebook sell is now valid on our strategy.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
Recovery on weak volumes, this will not sustainSPX recovery is on weak volumes and not sustainable, I would look for shorting opportunity again.
SPX trend channel breakdown with some volumeSPX is showing signs of weakness and trend channel breakdown has appeared with some volume on 15 min TF, one can short for this session.
US-dollar index 20 April 2020Regardless of the DXY setup this index looks more bullish, I will be staying out of the market with this one for a while.
S&P is looking ready for some fall todayS&P overall sentiment is turning, for today I would love to be in short position
EURUSD about to fall the RSI divergence shows lack of momentum confirmed by nice green pin bar candle at the end of the zigzag indicator in the daily time frame
please do your own research before entering any trade
GBPUSD (short)Trade Analysis
Reason For Entry:
- Rejection of 1H resistance
- Broken ascending channel
- Broken 1H ascending trend line
- Outer 0.618 Fib
- Inner 0.618 Fib
Reason For Stop-loss:
- Above previous highs
- Above 4H resistance
- Above 4h channel
Reason For Target:
- Targetting 4H lows
Sell Positions On S&P 500Multiple confirmations:
61.8 Fib Retracement
Resistance Zone
Divergence
Descending Channel
NZD/USDRSI signal, show this candle going up, after is closed, going to short back.
Follow me, at now, if you want more Analysis! :)
GBPUSD (short)Trade Analysis
Reason For Entry:
- Rejection of strong 1H descending trend line
- Broken 1H ascending trend line
- Rejection of 1H resistance
- Outer 0.618 Fib
- Inner 0.50 Fib
Reason For Stop-loss:
- Above 1H resistance
- Above 1H descending trend line
Reason For Target:
- 4H lows
Trade Management:
- Market execution
SPY to Goldman Sachs Bear target 250 by August 18th?Did this chart Monday June 15th, sharing it now.
The movement from March lows in April seems really similar to last few days.
We are overextended and will need to correct again.
Will we reach Goldman Sachs Bear target of AMEX:SPY 250? Likely...
Lows in March:
breaks 12 year trendline below (yellow)
breaks 12 year trendline above (A)
retests trendline (B)
breaks out and continues reversal (C)
Highs in June:
breaks 5 year trendline above (yellow)
breaks 5 year trendline below (A)
retests trendline (B)
breaks down and continues reversal (C) ?
USDCHF - 1D - SHORT - Trend Entry Setup - 2 Jun 2020FX:USDCHF at a key support & resistance zone on the daily chart.
Trend: Bearish, waiting for the price to resume trend and enter
Enter SHORT @ 0.9585
Stop Loss @ 0.981
Take Profit 1 @ 0.94
Take Profit 2 @ 0.92
#GOLD (xauusd)After forming a new L.H and testing 50% of the fib we will be looking for a new L.L into 1645.00 (gain: 500 points)
Stop loss: 1708.00 (150 points) RR: 1/3
CHFJPY short?Unclear at the moment but will be watching the price at these trend lines for a potential large drop down to the major support level. Please let me know any thoughts!
EURGBP potential drop?Retest of trend line from the underneath, will be watching this area, could drop down to support levels. Any thoughts or feedback are welcome!
USDPLN SHORT JUNE 1-5 2020FOLLOWING LAST WEEKS DOWNTREND
WAITING FOR RECTANGLE TO BREAK OUT OF CONSOLIDATION
4 HR FULL BEARISH CLOSURE BELOW 3.98802 CONSOLIDATION, ENTER SHORT
