Fibonacci Retracement style Bollinger Bands & Awesome OscillatorThe over idea behind the strategy is very simple.
We all know how to use Fibonacci Retracements and Bollinger Bands.
The indicator on top combines both using Fib levels in a Bollinger band fashion. (I did not make the indicator)
On the bottom we have the Awesome Oscillator (Also not my creation) reading on the 200 for accuracy.
The Oscillator is used to determine momentum and volume to indicate momentum loss and gain.
Using primarily Price Action and the Fib. Bollingers, we can determine reversals and determine with some accuracy where we're going.
This strategy has been tested, tested and more tested and has high accuracy, low loss and high gains.
It's a good choice for beginners and veteran scalpers alike.
Feel free to leave a comment below, ideas, criticism, ect. DM me if you nee any technical analysis, I have over a decade in the field and am always looking to help others.
Tested
We start the day with a EURGBP long☝️👍Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
NZDCHF long progressing 📈🙌Entry details are shown on the chart.
We are working the 15M time frame on this strategy.
Trade has been running since 4:45 UK time.
I automate this strategy and trade was automatically taken at the signal alert.
We're looking for the green line which is take profit target.
Trade label is entry point and purple line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Previous two trades are shown on chart.
One trade from 5th last week hit TP target.
Yesterday trade hit stop loss but this does happen in trading.
Lets see how this one progresses.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
EURAUD long valid 📈👍Entry details are shown on the chart.
We are working the 30M time frame on this strategy.
Trade has been running since 5:30 UK time.
But I auotmate this strategy and trade was automatically taken at the signal alert.
We're only looking for the green line which is take profit target.
White line is entry point and purple line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Previous three trades are shown on chart. One hit tp and the other two closed for profit on fresh trades presenting.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
AUDUSD tested top of the triangle, pullbackAUDUSD tested top of the consolidation triangle, pulled back to .618.. than retested the neckline of the top. now heading to the bottom of the triangle. this is a second opportunity to short this pair. if the top of the triangle has been missed. there is a inside bar forming on 1H time frame if we need further confirmation, we can wait next 15min, at the time of writing, for the bar to close and than look for a break to the down side,, as upside break is likely to run into resistance quickly at this point.