NGAS - D - LONGI have missed several trend within NGAS because it was so erratic recently without a chance to catch the movement, at least with my strategy.
The uptrend I'm waiting for is not yet confirmed and everything is possible, within at this low level NGAS is sitting currently. I do believe that 4H is showing good movement that could lead to strong impulse on daily TF. Weekly and monthly are back to consolidation range since months and this accumulation will lead "probably" to a break to the upside. A bit like my WHEAT trade.
Trade with your own diligence,
GL HF
TMS
EURNZD - D - SHORTIt's quite an obvious signal in my book, validating all my criteria before entering a trade. We have a PAC broken, a MA dropping under RSI50 and fast MA downing on slow MA with confirmation on weekly TF and small rebound on lower TF (4H). As nothing is set in stone and getting wrecked is quite regular in trading, I'm adding a safe RR that should not kill our account in case we are completely wrong. And remember, this can always be the case in a world ruled by deception and treachery.
Trade with you own diligence,
GL HF
EURGBP - D - LONGA risky trade here, for two reasons. First, EURGBP has never been my favorite pair. For a unknown reason I never achieved an OTK on this pair and it usually end up with SL being triggered quite fast. So be warned... Second reason stand for RR that not very good here. You could lower a bit more the SL to prevent SL hunting but it would render the trade very bad.
However, on daily, with neutral higher TF, this setup triggers my strategy so I'm opening a long here.
Trade with your own diligence,
GL HF
EURUSD - D - SHORTI think we may have a swing trade here with EU nearing a top on monthly and having a valid breakdown. Only RSI50 remains to be broken, we should see small bounce followed by drop if this idea is valid. One more thing about TMS bollinger band being broken and retested, that's usually a sign of upcoming strong correction.
Trade with your own diligence,
GL HF
NZDUSD - D - SHORTI think we can try a remake of my previous NZDUSD short idea. The idea is still valid even if we have been taken out by SL last time. I would recommend to enter half position here also, because of whipsaw effect that already hit us once. RR is much lower so take care on this trade.
Please refer to my previous idea to have more details.
Trade with you own diligence,
GL HF
AUDUSD - D - RISKY SHORTI'm trying something new here. Linking TMS strategy, that indicates a short trade because of regular breakdown rules with a simple trendline indicating either a consolidation or bear flag on monthly TF.
Either way this trade is not backed by all my cirterias so it's risky in my book. I'm opening a trade with half standard position.
Single TP will also follow trendline so as long as this trade goes on, RR will be decreasing.
Trade with your own diligence,
GL HF
GBPNZD - D - SHORTIt seems we have reasonable amount of chance to touch 1.868 area, that would make this trade quite nice. The setup is a bit tricky because it's a barely broken PAC and RSI. That could lead to false breakdown with quick jump to the upside. However the RR is quite good and on higher TF I'm seeing a longer consolidation before getting back to the rising channel.
Trade with your own diligence,
GL HF
USOIL - D - SHORTI missed this asset a long time ago at the start of bullish run and haven't found good setup yet to enter.
Looks like a top in my book. Still OIL has not breached RSI50 and stepped out of BB, so it's risky territory on my criteria. However RR is nice and I'm not aiming at greedy TPs, so why not open a small position on this one.
Will monitor this trade especially the two following days.
Trade with your own diligence.
GL HF
NZDUSD - D - SHORTIf you're brave enough you can try this SHORT setup. On monthly and overall, I see this pair as bullish but after the huge run we had last months, a healthy correction "should" arrive. However, as far as I remember, anything can happen in trading so this trade has a good RR, that's why I'm taking it. My plan is to take on TP1 and set SL@BE quickly and target a quick TP2. TP3 and TP4 shall be for "bonus" trade.
As already said by a lot of good traders here in TV, mitigate your risk with % of your account, not taking absolute pips numbers.
Trade with you own diligence,
GL HF
2018 - JANUARY RESULTSGreat month! Keeping a trading journal here at TV is one of the greatest idea I tried to apply. Account went up very nicely in 2017, and 2018 is starting well alike with no FAIL trade so far.
Keep in mind trading is merciless so what's work now can be useless in a few weeks... That's why I worked on TMS for years now.
OTK Trade
GBPUSD +330 pips / +1.98%
USDJPY +166 pips / +0.86%
USDCAD +143 pips / +0.57%
NZDUSD +176 pips / +1.65%
AUDUSD +152 pips / +1.05%
BTCUSD +242 pips / +1.16%
COUBERTAIN Trade
AUDNZD +38 pips / +0.27%
EURAUD +100 pips / +0.47%
EURGBP +58 pips / +0.45%
COPPER +250 pips / +0.49%
ONGOING Trade
EURAUD
CADNZD
GBPAUD x2 +142 pips / +0.47%
AUDCHF
EURJPY +75 pips / +0.43%
GBPJPY
EURNZD +39 pips / +0.13%
WHEAT +22 pips / +0.11%
NZDJPY +16 pips / +0.13%
WHEAT - D - LONGReason for long : I'm pulling the trigger a bit fast on this one, as we don't have yet confirmation of end of consolidation on weekly TF. However, as I'm embarassed to miss the natgas rally (this is one of my favorite asset and I have waited weeks for this to finally miss it because of external factors). I believe raw materials are in for a good year in 2018 as cyclical this market can get. I'm not too much into GOLD/SILVER right now and wait for correction. But WHEAT is also tanking a lot since weeks and altough we made some pips weeks ago on false breakout, this was not convincing.
This time may be the same... or not.
Trade with your own diligence.
EURGBP - D - SHORTDear traders,
Here is a new SHORT signal on EURGBP :
Entry : 0.88071
SL : 0.89368
TP1 : 0.869
TP2 : 0.85169
Reasons for this short : I don't have a good track record on this pair. I don't know why but most of the time my strategy fails on EURGBP. This time I'm a little less greedy than usual so let's see how it behaves. We are sitting on an edge on weekly TF but I don't see any technical that leads to an impulse up. Maybe that's a reason enough to LONG instead...
Trade with your own diligence,
GL HF
GBPAUD - D - LONGDear traders,
Here is a new LONG signal on GBPAUD :
Entry : 1.73645
SL : 1.7058
TP1 : 1.765
TP2 : 1.815
Reasons for this long: We are already in a long on this pair opened weeks ago, but this is a time of re-entering. Depending on your money management you may still be in this trade or part of. I am seeing the end of correction with rebound on weekly coming up. As usual, this could be utter bullshit but RR is too good to not add up to my position.
Trade with your own diligence,
GL HF
GBPJPY - D/W - LONGDear traders,
First of all, happy new year to all of you.
Here is a new LONG signal on GBPJPY :
Entry : 152.65
SL : 149.225
TP1 : 158.053
TP2 : 162.530
TP3 : 168.9
TP4 : 173.9
Reasons for this long : Once again, you know the old saying :"sell high, buy low". Well in this case, we are buying high on short time frame view. I do trust this pair to hit again monthly trendline before end of 2018.
Should be a long road, but RSI, TMS and PAC are all saying that it could go higher.
Trade with your own diligence,
GL HF
BTCUSD - D - SHORTDear traders,
Here is a new SHORT signal on BTCUSD :
Entry : 12120
SL : 14200
TP1 : 10950
TP2 : 8500
Reasons for this short : Daily timeframe is validating all criteria for short. We still have room on daily for falling down, not talking about weekly and monthly TF.
Only two TPs for this trade as BTC is a bit fancy on the short side. I suggest for long term holders to open buy on both TPs if hit. Its noted daily but if should not last this long.
Trade with your own diligence,
GL HF
EURNZD - D - SHORTDear traders,
Here is a new SHORT signal on EURNZD :
Entry : 1.679
SL : 1.7081
TP1 : 1.66335
TP2 : 1.63694
TP3 : 1.61054
TP4 : 1.573
Reasons for this short : On monthly TF (not on chart), we could have topped for a while and aim for classical pullback around 1.60ish to tackle lower PAC band. Daily seems to confirm this view so as RR is good, I open this trade.
Trade with your own diligence,
GL HF
AUDCHF - D - LONGDear traders,
Here is a new LONG signal on AUDCHF :
Entry : 0.75300
SL : 0.73960
TP1 : 0.79
TP2 : 0.827
Reasons for this long : PAC and RSI are looking good on daily, even if we will surely get a little pullback on 4H TF. I'm seeing a breakout in the near future thanks to Gann fan. Let's see where this will head us. RR is just too good to let this trade goes by.
Trade with your own diligence,
GL HF
EURJPY - D - LONGDear traders,
Here is a new LONG signal on EURJPY :
Entry : 113.65
SL : 131.88
TP1 : 136.187
TP2 : 138.665
TP3 : 141
Reasons for this long : You know the old saying :"sell high, buy low". Well in this case we are buying high. This is a risky trade with little SL. So invest bare minimum on this one. All criteria are triggered for this pair on daily. I'm seeing a low chance of breaking north quickly that's why I'm taking time in this trade
Trade with your own diligence,
GL HF