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Sk-system

Great Britain vs KangaroosAfter a look at this chart, it seems the Kingdom is losing a battle against its former colony :-D Right now, we do have a nice entry and we could surf all the pips, all the way down(under). In this case, the bigger picture is important, as it shows us why this trad is valid and has a good chance of giving us heaps of profits: The yellow sequence gave us 4 (!!) entries to gain profits. This shows us that the sequence is doing what it should and works just fine. If it continues to work this way, we should hit the TP with no doubt. Let's see what happens next!
Short
by Evan_Moe_Money
7
Great Britain vs. KiwisRight here, we do have a short Chance! This chart built up piece by piece and offers us a relatively save short entry. All former sequences reacted just as we want to see them react, that is what gives this possible sell entry a good chance. What if the price doesn't rise, but fall without giving us a sell entry? -> no problem, as we can buy the price in the target area and go long! Have a look at this possible buy trade: If you take a close look at the above chart, you'll see that the whole move started with the blue sequence. It retraced into our correction area and started a new sequence, the purple one. this purple one might now be on its way, to give us a new buy entry, and we can take this chance to participate in the down move.
Short
by Evan_Moe_Money
Australia vs. JapanRight here, we do have a long entry. BUT this one is a bit sketchy, so we should use a smaller position. In the bigger picture, we just finished a Sequence the second time, and so we activated an even bigger sequence, which now could retrace into its B-C Correction level. All in all, its a bit complicated, but could work. Me personally, I will take a trade, but with minimal risk. Happy Trading! PS I will wait for some structure in the M30 to time my entry. I want a small sequence to form. If that does not happen, I will not enter a trade!
Long
by Evan_Moe_Money
Maple Sirup vs ShushiThis pair right here does exactly what I want it to do. So far. Let's see if it continues in doing so. According to the plan, this pair should soon start to raise. The price is in a valid area, to gain now. We need a weak Jen and/or a strong Cad. Until now, there is still room for this pair to drop a little, but all in all, it should be climbing. As this area is really big, we need to work with a smart Money Management and should not belive it takes only one single entry, to hit the breakout trade. It might happen, that we get stopped out. As long as we get the good long, it doesn't matter. Me personally, I want to see the price fall into the area where the blue target area meets the green turning area (the pinky area). For me, that has the best chances to turn the price around. Have a look, on how nicely everything interacts: The big green long Sequence needed to retrace into its correction level. The price formed a smaller sequence (red) which led to a bigger sequence (blue), which has its target area right where we want to buy it. Coincidence? Let's see what happens here. Also, check out the other JPY pairs, as lots of them are looking bullish to me, right now.
Long
by Evan_Moe_Money
4
Europe vs. CanandaHi guys! In this pair, I am STILL looking for longs! "But Moe, you got stopped out twice or more! Why would you still hang on to this?!" -> Rule number 1: Trust the system! As long as you trade the Breakout, your Stops will be eliminated, and you will end with a win. It's as simple as that. We are in the target area of the blue, big, sequence. So I expect the price to correct the whole blue sequence! And therefore I am still buying this pair. Right now, I do wait for the price to correct, and therefore offer a "B-Area". From there, I want to see that price breaks the last high (our possible point A) and then wait for the correction of that move. That is my entry. But Moe, why are you posting this today, if there is no direct entry? Makes no sense!!" I am posting this, to show you guys, how a plan works. If you create a plan, you can wait for the trade to come to you, instead of chasing entries around the globe. I can today tell you where I am looking for an entry. Not the exact price, but what I want the price to do and where I will enter the trade. That is a plan. As long as there is nothing going on in this pair, there are more than enough to trade.
Long
by Evan_Moe_Money
Canada vs. JapanIn this pair, I see a possible short entry. First, we need the price to move back into the correction level. From there we could take a short trade. The nice thing about this setup: If we get the Sell entry, and the price falls below the yellow point C, automatically, the next sequence (displayed in red) will be activated and might be giving us new reentries with new targets. Let's assume for a moment, the red sequence finishes as well and then corrects... We would then get another (blue), bigger sequence, with its targets in the correction area of the main bullish sequence. This is what could happen, but is pure speculation at this moment: Leets go step by step and see if we get a short entry first ;-)
Short
by Evan_Moe_Money
4
Australia vs. SwitzerlandThis is a very interesting Chart right now! Look at the weekly and you will see, we are close to the ATL. This fact makes this market very interesting for buyers, as the Aussi is as cheap as possible! So, having in mind where we are, we can now look for some structure to trade. That is what I did. For now, we need a new High, and the correction of this high will be my Entry. No New high = No entry New High without correction (hitting target) = No entry (in this case, we have to wait for the whole sequence to correct, to give us a reentry
Long
by Evan_Moe_Money
GBPJPY Short Setup & Hedge for GBPCHF LongNow here comes the beauty of the SK-System! We do have a sell Setup here, as we want to see price falling down into the green correction level (TakeProfit of first short Position). If you combine this trade, with my GBPCHF Long idea, you do have a great hedge and therefore minimize your risk! Lets see how all this plays out, at the end of the trade. Best Case: Both setups play out and we get a win win! Hedge Case: one Setup hits SL one hits TP -> We still make profit. Worst case: both trades hit their SL (very rare) Have fun and trade safe!
Short
by Evan_Moe_Money
1
Europe vx. JapanAs we can see, price is moving quite nice. We want to see the EJ drop into the red area, where we could look to buy, all the way to the top! One thing I do not like about this trade, however, we need a weak Yen. And as we all know, in times of war, people like to buy the Yen as SaveHaven. This is the one thing that you have to keep in mind with this trade. So for this one, I will set an alert and if triggered, I will check the strengh of both pairs before entering an trade. Another way to get a safer trade, would be to look for a hedge ;-)
by Evan_Moe_Money
1
Europ vs. Canada -> Again!As we see, our last buy did not work out. Good thing, markets are handing out new entries every other day ;-) So price broke our entry, and corrected a tiny little bit too much. No problem, as the blue buy area got activated, and from there, the next sequence started. We use the red Target area as TP, as red is still the primary sequence and price could take a turn at the red box. If you want to gamble, place a trailing SL. But only if we come close to the red target area! Have a great trade!
Long
by Evan_Moe_Money
1