👋 Full-time trader here. Posting out here free Forex analyses for you. Welcome to like, follow, & share. Thanks for your continued support. 👍 Scenario 1: Bullish Breakout Trendline-bounce plays can be dangerous if you're new to trading. It's always good to wait for confirmation. In this case, an ideal scenario would be to bounce off the TL's third touch...
On this pair, I have highlighted a very strong demand zone at 0.6570 - 0.6580. At this point, there is a possibility that the price will create an area to use as an entry point for a short or long trade. However, the possibility of a long trade does not exclude that of a short trade. Remember to look at both directions and never focus only on one perspective....
Hi trading family. I have decided to start posting ideas too, thanks for all the love and support. On this pair, we spot several confirmations on possible long for Gold with a risk-reward ratio of 1:2 The fibs offer key patterns in the market as they magically get respected in most cases. The 3 circles you see form a head and shoulder pattern which gave us a...
In trading, you don't need to have 100% reason on all your analses to be profitable, if you pay well your stop loss, take profit and if you manage your ratio/ risk well. It makes sense, let's make an example: I analyze 4 pair, with a risk ration of 1 in 4 each, ie I risk 1% of my capital to earn 4, the 4 analyses, in a single day. Let's say the top three lose, but...
Do the analysis for yourselves and learn to become a better trader. If it passes the first resistance, it will target the second resistance. It is trying to head in the upwards direction. Follow me for more tips and ideas. Also, check out my website Traderhero.tk to become a skilled trader. Stop losing money, start gaining!
Marked up a chart before bed lol, we'll see how it goes, I'd love any feed back or constructive criticism. Thanks!!
Trade triggered, price broke and closed bullish outside management zone. Triggered trade, we are live.
BTC has broken out and closed out of the management zone, Trade triggered.
We have seen a lot of sideways momentum on the pair the past few days. The pair is now approaching key levels, a break and retest of support zone @ 0.67229 will initiate shorts to 0.65710. However if support holds within the zone we could see a the pair continue to range between 0.68727 & 0.67229 TRADE WITH CLARITY, PATIENCE and PRICE ACTION!
We have seen a lot of downside momentum on the pair. The pair is now approaching key levels, a break and retest of support zone @ 0.67229 will initiate shorts to @ 0.65710. However a break of the CTL will warrant longs to upside target @ 0.68727. TRADE WITH CLARITY, PATIENCE and PRICE ACTION!
NZDUSD UPDATE! Price stalled at previous daily support @ 0.67767 making a higher low .We are now seeing some bullish momentum a #break and retest of the CTL on lower time frames would suggest longs in the pair, however strong resistance around the 0.68727 area could possible prevent further longs to Upside target 1. If a clear break of daily resistance/previous...
The pair looks to be continuing it's downtrend. Our previous post on the pair 251 #pips were banked with the pair hitting out first target. Our second target came close to being hit fortunately we notice it some bullish momentum on lower time frames helping us exit in profit before the pullback we have seen in the last four days. The pair is now trading in a...
The pair is now back continuing it's downtrend. Price was rejected at 128.189 daily resistance a early short entry was clear here. The pair has broke the counter trend line giving further confluences for further shorts to Target 1
For the past few weeks NZDUSD has been very rangy and hasn't really showed any real sense of market direction to capitalise on. However, we have a nice quick little short setup we at tips4pips keeping eyes on. Price displayed a triple top formation at resistance + 200ema and also a false breakout of a major descending TL. We was looking for a break of the...
Here on the #EURGBP pair during 2015 price was mostly on the decline then was stuck in a range where price was at its lowest in 5+ years. On the weekly price has formed an inverse H&S reversal pattern, broken a major descending TL and our MA's are turning to the upside all suggesting huge #bullish momentum. However we have a great looking, high probability...