EUR/USD I am running this trade risk free with my sl in slight profits, my tp was missed by 6 pips, I will however be holding as I want to see if it can reach my tp target
Takeprofit
Zil about to break out; 73% potential gains from current entry.Checklist:
Higher high: check
Increasing volume: check
RSI bounce off support: check
MACD about to cross to the upside: check
Breakout from triangle is near, enter now with a 5%-10% SL as the current daily candle hasn't closed to confirm the HH, or wait for the breakout and retest for maximum safeness.
TP 1: 25%-50% at 0.12
TP 2: 25%-50% at 0.16
Buy the dips with profits.
EOSUSDT, take profit strategy, 30.01.2021, daily timeframeTime - 30/01/2021 17:45.
Timeframe - 1D.
2 conditions must be met to open a deal:
1. MACD lines cross and there is a positive trend.
2. Candles close above MA 25.
Determine the resistance:
Resistance 1 - 3.10 $ (12% price increase)
Resistance 2 - 3.40 $ (23% price increase)
Resistance 3 - 3.90 $ (41% price increase)
Take profit 1 - 3.10 $.
Take profit 2 - 3.40 $.
Take profit 3 - 3.90 $.
Entry price - 2.77 $.
Next, determine the size for each TP as I think is best done:
Take profit 1 - 3.10 $ - 25 %
Take profit 2 - 3.40 $ - 25 %
Take profit 3 - 3.90 $ - 50 %
Today I only put 2 and 3 TP. Because the first one will be easy.
Or favorite Pup, repositioning for his nightly run.We have one of his hears, most of the top of his fluffy head, and all thats left is his other ear. Only way to draw it on is to buy a stack and ride the pupper to the tip of the next ear!
Lets finish the monument to our favorite boi! DOGE is love... DOGE is Life...Buy DOGE...Hold DOGE...
Buy dip near Doggo's eye! Pet the DOGEGet those profits people! Buy low, sell a bit off on the way up, and keep some in. for a possible ride up.
I LOST 70% OF MY CAPITAL WITH THE SAME MISTAKE => OVERTRADINGHello Traders,
today I want show you a point of my live, that I constantly overlooked. I want sensitize you for it and also make me so a reminder for the future!
1. OVERTRADING
It's the truth: In the past I lost 70% of my capital with overtrading. If you find yourself there then I would be sensitize you to rethink your approach of trading.
On the chart above you can see how I take at the beginning all rules what I learned before:
Only 1% of my capital I choose for risk with using StoppLoss
Support and Resistance are STOPPLOSS and TAKEPROFIT, depence on trading direction
I choose a Takeprofit more then 2 times of my risk
=> I lost the most time with this rules
But the rules are not the problem!
The problem was my overtrading. I see only "ONE" signal to take action => then it overcomes to reaction buy, no no, sell... dame, better buy and so on => always if I was in loss I tried to rethink my trade 24/7 hours in front of the screen.
2. SUPPORT AND RESISTANCE: THE WORST ENTRY POINTS EVER, BUT GOOD STOPLOSS AND TAKEPROFIT AREAS
Another thing is, that support and resistance areas are good reverse moments. Every greedy trader like I used to be, try to catch the early trade to make more money than anyone can imagine. Then back to reality: you get stopped. The market takes your money and you don't realize why!
On this moment, you have your own opinion of the market and this your mistake to believe you are right. You hadn't wait enough!
3. BE PATIENCE - TRADE LATE AND RIGHT THEN EARLY AND WRONG (MULTIPLE)
The headline above in point 3. is since my realizing the importast rule. Trade late and right!
Because the other thing of trading you can: the right risk, the winning opportunity.
Sometimes it helps to look in deeper timeframes, to get enough win-risk-ratio.
Hopefully it helps you!
Kind regards
NXT2017
GBP/JPYlooking for a nice short sell opportunity to the downside
once JPY breaks floor nothing is standing in the way of TP zone
Cardano is on the bottom of channelADA
It is currently on the parallel channel support and may move back from the same support area to the canal roof.
The first and second targets for the short term and after breaking the red downtrend line of the third to sixth goals can be touched in the medium and long term!
It has a series of supports that can change phase and move upwards by reacting to each of them (support lines and ranges, suitable for step entry and lowering average!)
We suggest that you monitor this crypto currency and be sure to trade according to your trading strategy.
Best Regards.
BYND trading perfectly to the technicals. Quick 20% profit.On the January 14th post, it ran into the resistance after breaking out of the wedge. I put out one of the two scenarios. Breaking though the resistance and going up til the next target or quick pull back to the support level and breaking out. It pulled back perfectly and defended the support and today finally advancing to the short term target. Quick 20% profit.
Have a good trade everyone,
T.
Short Call for EU This is a short call EU, Take profits set stop loss based on real entry possible re-entries will be there also so just stay put and look for the candle confirmations, ill be tracking this through the 50% track between 1hr-4hr TF
AMZN. Harmonic analysis - 3270 poss targetThere are many patterns inside this recent move. 3096 is a key level inside this long wedge.. they are playing both sides.
Any market open weakness Tuesday I am looking for AMZN to bottom and complete Pattern and fill prior Gap(blue)
Then I am anticipating price will complete Take profits of Cypher at 3270 area and fill in some imbalances.
It all measures out but the probabilities are there.
Everyone have a nice weekend!!!!!!!
POAI moving above $1.06 towards $1.40The Hull Moving Average is following the Fib circles, the Chaikin Money Flow appears to be crossing up and the nice arc makes us think this stock is going LONG.
BA Take profit mode off completed Bearish BAT patternBA is in take profit mode.. basically using the top of the move $213+ algos will retrace at minimum down to 61.8 fib.
Best entry short was $213 so manage trade carefully with stops.. You can use the 20sma on the Daily as a guide as price recently rejected perfectly showing short term sell bias..
There is some price imbalance below so there are alot of things to like here.
If you decide to short cover at 61.8 fib by rule. There could be further downside but that would be another setup.
Good luck!!!
AUDCHF (H4): LONG Idea on this Ascending Channel BREAKOUT!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIK E👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
TECHNICAL ANALYSIS:
Since the beginning of December, the price got a stronger trend correction, moving up trying to reach the resistance level at about 0.68256.
Once it reached that, the resistance zone rejected the price, breaking it during the second attempt.
As we can see in this chart, few days ago the price also broke the ascending channel and it bounced on the previous resistance zone that now is acting as a strong support.
CONCLUSION:
I think there is a nice chance to see the price continuing the same trend, trying to reach the main resistance zone at about 0.69500.
The price is actually oversold and it clearly bounced on the support zone.
IF THE PRICE will break the ascending channel, we can definitely plan a long trade until the next resistance zone.
Stay tuned for updates!
What's your opinion? Share your idea writing a comment!
Trade Safe and Responsibly
Gianni
ALGO/USD leaving buyzone ( Algorand's Road To .80 )Hey guys this is my first ALGO/USD chart , as soon as i looked into at i fell inlove with Algorand.
So i decided to add this into my ( '21 Road to Success Trilogy )
soon as i did a few markings i seen that it was ready to makes its move upwards . after looking closer i seen a TP at around .80
' if you look at my support markings , i think we missed the buyzone for right now .
' but FOLLOW ME for a full Algorand analysis with a exact Entry Price & Take Profit .
Follow me for more Analysis Entries , Take profits , & Stop losses .
Drop me a like if you agree .
All comments are welcome , Lets Talk Wealth .
Great day on $FUV! Finally paid off. Sold at $17.50. May enter again, let's see if it pulls back. Moving on for now.
Fib level 1.618 retracement level setting up on Daily ChartOn the daily chart we are seeing a large body long legged dojo forming. I expect we should start to see some sideways trading before we get some downward pressure.
We have a high chance testing the 1.618 level which means we should be testing the $30,000 price range before we attack back up towards the 2.618 level once again.
Economic pressure across the world will put pressure on the BTC price as we see many individuals and institutions take a profit and lock in some of these massive wins as we enter a new quarter and earnings season. This will assist in the downward push and news of printing more money will mean we see upward pressure towards our 2.618 level($44,000+).
It's Time For Ethereum ✨✨✨Hello again folks, I hope you enjoyed your holidays and listened to my advice to get some rest because we're going to have an exciting year in crypto markets. Let's start with Ethereum extraordinary movement ahead..
ETH had a rally from 730 to 1280 and after that it went into a resting phase for around 2 weeks..
The good news is this resting phase is broken with two strong candles in 4H chart and it's trying to retest the previous consolidation channel.. As you can see in the chart it's our smart option to start our buy/long positions here in this area of pull-back..
You can see the way I analyzed ETH will move throw the targets with the green arrow.. the next rally is starting now.. So check the targets on the chart.. I want to read your comment about the idea and feel free to ask me any question about my analysis..
Buy at: 1240 - 1290
Stop-Loss: 1055
Target 1: 1393
Target 2: 1680
Target 3: 1770
Target 4: 1960
AUD/JPY - Counter Trend StrategyThis was a beautiful trade from earlier on during the week
that I unfortunately missed haha.
As you can see the
confluences are stacked and the entry is always when
the momentum enters the market.
EURJPY 1H MACD TREND-LINE BREAKOUT1 - MACD Trend-line Breakout after Crossover.
2 - Buy 1H Candle Close above Trend-line.
3 - Resistance TP @ 127.00
USDCAD (H4): BE READY on this Great LONG OPPORTUNITYHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis , support the idea with a big LIKE 👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
The USDCAD is definitely giving us a nice trade opportunity, before to continue reading the details and description, I highly recommend you to have a quick look on my previous USDCAD Daily perspective, to understand the reasons I believe the market is going to have an upcoming uptrend.
You could check it out on the "Link to Related Ideas" or clicking the link here below:
Let's focus now on the area that interests us:
As we can see on the H4 time frame chart, the price is actually breaking the descending channel, a retest of the price on the support level it could be an interesting confirmation and entry point for this trade.
Here below the details for this trade:
ENTRY POINT: 1.27821
TAKE PROFIT: 1.29341
STOP LOSS: 1.27060
RISK/REWARD RATIO: 2
Trade Safe and Responsibly,
Gianni
