SOL / USDT - D - LONGHi guys!
Back in business, trying to tune old TMS strategy to crypto market.
Two TP for this trade that could last for several days.
TMS
FILUSDT - 4H - LONG Hi guys,
A very risky trade, only for the bravest!
On daily Filecoin has yet to choose a direction, and on 4H a very clean bullish signal appeared.
On smaller TF, price action seems under control for a bullish move.
So I setup a tight SL in case we are fully wrong on this one.
If we manage to get above 9, I would not take half profit (unless price action contradict me) as we could be riding a bigger wave upway.
Best of luck,
SHIBA / USDT - 2H/D - LONGHi guys,
Another day, another trade. Following our improvement on TMS system for crypto, here is a half-assed trade.
On 2H it seems valid, however on daily it's too early to enter, but you know... YOLO!
Best of luck.
EURGBP - D/M - SHORTHi there fellow traders. This is an upset trade, on one of my weakest pair so be prepared! Another potential fake breakout on daily that I have already tried to catch before. So we are still in consolidation.
So why now?
Because my strategy tells me to, and we have a good RR. SL is not very far and with current instability in Europe it could be at our advantage.
So basically, the point is to monitor on daily and keep in mind more global picture with monthly TF.
Let's see what the market brings to us!
GL HF
NZDUSD - D - LONGSeems a legit trade, as several keys parameters are checked. RR is not that high so maybe open a lower lot is a good idea. This pair is breaking BB around RSI50, that often proves to be a good resistance. If truly broken, we could expect some profits.
Trade with your own diligence,
GL HF
GBPUSD - D - YOLO LONGHere is a not serious trade but I was waiting for a setup like this to try something based purely on technical.
Usually this kind of method sucks, but I want to try. That's why I'm buying here the cable for on reason : LBB on TMS has broken below 0. It happened on daily before and are "usually" followed by a knee jerk reaction. SL is very tight and TP not very far.
So let's try!
USDCHF - D - SHORTHi guys, I'm seeing a nice breakout on USDCHF on daily TF. It won't be a long trade (time wise) because of bullish movement on higher TF (monthly) that could lead to a new bullish sentiment for this pair as we are leaving consolidation. For the time being, daily TF seems to be heading south and we intend to take profit about it.
As usual, PAC has been broken but as we are reaching BB on TMS, I foresee some pullback before getting back to bearish. Let's see how this behaves.
Trade with your own diligence,
GL HF
GBPNZD - D - LONGA simple trade setup with nice RR and standing upon potential extension of bullish move from GBP. Nothing too awesome but it's important to set up stop loss here as a reversal or at least a pull back is closing in on weekly TF.
Trade with your own diligence,
GL HF
AUDCAD - D - LONGThis setup is one of my favorites, as we have a usual breakout on TMS strategy on daily TF, back up by a weekly pattern looking like a small reversal. I believe we could achieve 0.98ish if price is able to break through the first fib. Good RR.
Trade with your own diligence,
GL HF
GBPNZD - D - SHORTThis is what i'm expecting on this pair. Weekly timeframe is close to overbought with double top, so room for more upside would be an upset for me. Of course that is bound to happen sometimes, but my goal is to aim at profitable trade (good RR) with good chance of happening.
On this case, on daily this is less obvious because we will be touching the BB on TMS, with a good probability for pullback.
In order to catch this move, I recommend to open a limit sell closer to 1.93 in order to improve RR.
Trade with your own diligence,
GL HF
EURAUD - D - SHORTI'm still longing this pair long term but i'm also seeing reversal right now to touch 1.56ish. Remeber it's a short term trade so pick up the right SL for you before entering this.
Trade with your own diligence,
GL HF
2018 - APRIL RESULTSNearly one year trading with takings notes on TV. April has been an ok month with taking back positive results (barely over 1%). Keep in mind that arithmetics are merciless, you always have to win more % back than what you loss before. Let's keep up and see if good results from last year and January were due to : luck, synergy b/w strategy and market or something else :)
OTK Trade
CADJPY +36 pips / +0.15%
USDCAD +134 pips / +0.66%
COUBERTAIN Trade
BTCUSD +57 pips / +0.27%
GBPJPY +117 pips / +0.55%
FAIL Trade
GBPUSD -294 pips / -0.5% (it was a risky trade, noted as 0.5 in the idea)
PLATINUM -256 pips / -1%
And a lots of on-going trade, some looking good.
ON-GOING Trade
Triple very long : EURAUD, GBPAUD, EURCAD nothing booked this month.
EURUSD +56 pips / +0.42%
NZDUSD +31 pips / +0.15%
NGAS
SILVER
USDJPY +87 pips / +0.66%
And more recent ones : AUDJPY, GBPNZD, WHEAT
GL HF!
XAGUSD - D - LONGI think it's a good time to enter long position on silver (and gold also but I avoid opening two trades on both assets). We broke above current fib on PA and TMS gives us a hint that big rally could happen. We are still not above RSI 50 but the impulse is quite strong.
Also on monthly timeframe we can leave a global consolidation and accumulation that could lead also to a breakout. Preferably to the north as TMS indicates, but as always in trading world, anything can happen.
Trade with your own diligence,
GL HF
WHEAT - D/W/M - LONGWe already traded WHEAT weeks ago with some success, and I found this setup quite interesting. On daily we have another nice breakout, that could lead to another false breakout. But in this case we are narrowing down on the support and resistance so we should see some break in the following weeks.
Taking into account macroeconomics, I'm betting more on the upside than downside for WHEAT.
I added a mid-range TP that looks achievable this year.
This is a long trade, so be prepared to keep this one forever. SL (if any) should be around 3.55.
Trade with your own diligence.
GL HF
AUDJPY - D - LONGNice doji on weekly TF while hooking back on BB on TMS indicators. That should lead this pair to make a nice rebound. Monthly is still bearish so I'm not looing at thousands pips here, just 3 TP that should be fine for this trade.
Trade with your own diligence,
GL HF
USDJPY - D - LONGThe goal here is to catch some pips with good RR but without taking much risk. Monthly TF is obviously bearish but I expect some pullback up to 109-110. I don't believe in last TP but you never know. The perfect move would be to catch this long and then enter short around 110.
Let's see what the market brings to us.
Trade with your own diligence,
GL HF
GBPJPY - D - LONGTMS is complete on this pair that should continue uptrend until next strong resistance if not upper parallel channel. RR is quite good also.
Trade with your own diligence,
GL HF
USDCAD - D - SHORTWe are a bit late to the party and this could proves to be a disaster like my previous AUD trades. A false bteakout is quite often misleading as a real one (that's the point) that's why you have to be careful trading this one.
Why are we a bit late? Because we are entering on the 4/5th red candle, that's already a lot and pullback could occur tomorrow.
However strenght of the breakout is quite enough to get out of BB on TMS and under RSI50. That means that we should continue this trend for some days.
Trade with your own diligence,
GL HF
EURGBP - D - SHORTAfter being reckt on previous long, I've waited some days to re-assess this pair and I'm now checking my criteria for short impulse. Break is not yet validated on weekly but daily looks promising. If you're more eager to wait a few days more you should take these days. However I don't spend lot of time on trading (it's my rules, the more I spent time the less I win) so I'm acting quick on this trade.
Trade with you own diligence,
GL HF
USOIL - D - SHORTTime to reshort in my book!
See link below if you missed previous drop. I'm still cautious about OIL as I'm fondamentally more bullish than bearish. But 60 is a strong pivot.
Trade with your own diligence,
GL HF
BTCUSD - D - SHORTPrevious try on BTC was a good call, but I remain very cautious about crypto and trading. Don't misunderstand, I'm deeply invested in cryptocurrencies but on blockchain and mining, not really speculating with shitcoins and others stuff.
I somehow needs to open hedging positions considering my mining business, that's why I monitor closely some charts.
I'm seeing a bearish continuation on BTC, that may not stop at current support (6k-ish). Fondamentally I believe it would be healthier for cryptomarket to have another leg down in order to shake for good all fake hands/investors that came up last year.
Then we
Don't take this idea too seriously as I'm just using my forex/commodities strategy to crypto and I didn't backtest too much on these market.
Trade with your own diligence,
GL HF
AUDNZD - D - LONGThis pair has been consolidating for month and it seems to me that we may have hit bottom. This trade is aiming as few pips on daily TF but could be bigger if breakout to the north is validated. RR is not that big so trade this carefully. Also the breakout on daily is not respecting all criteria as RSI is still low and we barely broke 50.
Trade with your diligence,
GL HF
AUDUSD -D - LONGWe may be strating an AUD uptrend in the following days, so let's take best setup for all AUD pair. We have AUDNZD already running and I believe AUDUSD is the second best one. We failed last time to take a risky short. Idea is now invalid and I switched to long. Whipsaw are always a possibility so sit tight to see what will happen next.
Trade with you own diligence,
GL HF
