Tradeideas
EURNZD shortHi traders,
this is my view on EURNZD.
After a doubletop and the RSI divergence we can go short for a good swing trade.
I´m already in this trade but it´s not to late to enjoy this easy pips.
My first target is 1.69 and the very optismistic target is over a long tim 1.66.
I wish you a good trading week.
Your Stefan Forex
EURAUD shortHi traders,
this is my view on EURAUD, I´m already in this trade after the dobletop on H4 chart.
After the EU elections we will see more bearish movement on EURO pairs.
The national parties will win a lot of seats at the EU pairlament and the politic sitiuation will
become confused after that.
So be patient and hold this trade for more pips to go down.
Have a good weekend.
Your Stefan Forex
GBPNZD Short 3 : 1 Win vs RiskHello all
I have shorted the GBP with NZD, based on USD weakening and NZDUSD becoming a long position, alongside AUD also getting stronger.
I expect XXX NZD, XXX AUD pairs to start to fall as per my EURZND trade ideas last week along with NZD XXX and AUD pairs starting to retrace in the short term.
I am looking for a 3 : 1 trade on this pair and dependent on price action when it hits support, I will review if i then trade it long again or follow it further lower .
As on the Monthly, is a loveypin bar for Oct 2018 - showing where price will ultimately go after a 50% to 61.8% retrace of that candle
Thanks for looking
Duncan
Duncanforex.com coming soon.
USDJPY-Weekly Market Analysis-Mar19,Wk2Only the 4-Hourly chart, USDJPY has retraced back into its buy zone. On the M15 timeframe, the market has shown a head and shoulders bottom with RSI Divergence.
The aggressive trader could wait for the market open and Long this pair right away.
A slightly conservative trader could wait for the retracement before engaging the trade and a more conservative trader could wait for the break and close above the head and shoulder's neckline, retrace back in the neckline to right shoulder zone before engaging the trade.
Each decision is a trade-off as there's no perfect system.
ZIL/BTCSo I am eyeing entries at 467 & 461 for this trade...setting a stop loss at 445....there may be a quick scalp opurtunity If we reject the 480 resistance...as long as we can hold over that I am eyeing these levels of resistance 540-575-645 as we approach these resistance areas I will tighten my stop losses and upon getting stopped out look to reenter at another support level.
NZDUSD Short. Catching the Retrace.My first trade idea on here! Welcome. NZDUSD showed HH's and HL's throughout the last couple of weeks. Each push up was followed by a retrace of at least 30-50 pips. Watched the H1 and M30 create a double top at a major level of resistance on the D1 and H4. Waited for a Bearish engulfing on the higher timeframe (H1) and a Break of Structure on the lower (M5-M15) to confirm the beginning of a retrace. Sold after the H1 bearish engulfing, placed fibs based off of the H4 chart from 0.68292 to 0.69234 as we will be using major levels as Take Profits. I know I am posting this a bit late but I do believe it has more room to drop! Much love
GOLD Daily Bearish BatHappy New Year 2019 Trading View Community! My first post for this year and like to share this great setup I found on Gold.
Gold had a good bull run since Nov 2018 and finally reached an area where I am interested to look for selling opportunity.
On the Weekly time frame, we can see price action doing a consolidation between about 1050-1400 which tells me that price is near the top of the consolidation range and may have reached an exhaustion point and ready to turn.
Lower to Daily time frame where i execute my trade plan, I found more supporting reasons to sell:
1) a clean Harmonics Bearish Bat setup that completes at about 1307
2) price is within my sell area marked by the grey area
3) at resistance level
4) strong confluences with previous highs and lows price points
5) RSI at or near oversold levels
Here is my trade plan:
Entry: 1307
Stop Loss: 1343.40 (-36.60)
TP1: 1254 (+47) (to bounce off previous Bat Pattern)
Extended TP: 1219.50, 1186.80
Once price exits and close below my sell area, I will shift stop loss to entry to reduce my exposure.
Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
To all traders, may all your trades be green :)
GBPAUD H4 Bearish BatFound this short opportunity in the middle of the Daily Trend Channel, not looking to set target all the way to the trend lines.
Healthy Risk-Reward of about 2.5x for target level, going for a single target trade.
For Set & Forget traders,
Entry: 1.8243
SL: 1.8336 (-93pips)
TP: 1.8013 (+230pips)
For conservative traders, look for confirmation candles before engaging the trade.
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
USDCAD H1 Bear ButterflyBig time frame downtrend, for those who missed the weekly Bear Bat on my previous post, this is a potential retry point.
Entry: 1.3370
SL: 1.3407 (-37pips)
TP1: 1.3301 (+69pips)
TP2: 1.3254 (+116pips)
To consider extended target based on my analysis on the weekly chart:
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
EURGBP H4 Bullish Deep CrabNice Bullish Deep Crab completing nicely at the last price pivot point. Good Risk-Reward Ratio.
For conservative traders, you can consider waiting for more confirmation such as Double Bottom or reversal candles before entering the trade.
Entry: 0.8822
Stop Loss: 0.8775 (-47pips)
TP1: 0.8922 (+100pips)
Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
To all traders, may all your trades be green :)
Trade Ideas Analysis : NZDJPY H&SA head and shoulder bottom retest. Exact stops and targets will be sent to my subscriber.
This Wednesday, 23 Jan 2019, 7pm-9pm(+8GMT) I will be going through 12 currency pairs on the mid-week analysis, like and follow our facebook to join us for the session:
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You will find it interesting that how GBPUSD reacted exactly the way I've plotted the movement via the Brexit vote move.
Trade Ideas Position : USDJPY GartleyBearish Gartley on double sell zone, and falls on resistance,
A great reward:risk trade for me, for those who have joined our facebook live, good on you, you might have seen my rationale on the trade.
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If you like to receive our entry, stops end targets just subscribe to us, have a look on our amazing Oct18 results:
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Trade Ideas Position: EURUSD GartleyOn this daily chart, the Bearish Gartley has form but I've developed another trade ideas on this.
Will be sharing this with my subscribers if you like to join us in our fun loving community, feel free to check out our website on October Results, where we hit a total of 2,333pips of net profits:
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GBPUSD H4 Bearish GartleyWaiting for price to reach Point D to complete the Gartley Pattern for a shorting opportunity.
Gartley completes at price level 1.2740 .
Higher timeframe trend is down, hence this trade setup will be with selling with the trend.
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
We are a community committed to empower individuals to trade profitably and independently in the Forex Market. This is our latest Trade Ideas results for October. Subscribe to us and receive updates on more upcoming trades.
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USDCAD Weekly Bearish BatLarge timeframe traders dont miss this! Clean Bearish Bat Harmonics Pattern with good Risk-Reward Ratio (RRR).
Saw how the completion area of the Bat Pattern coincide with previous price points (circled in red) which gives this trade setup added probability boost. These are some of the things that I look out for when looking for trade.
Patience is the key for trading, especially when trading on the Daily and Weekly charts, be ready to hold on to the trades for weeks and months!
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
We are a community committed to empower individuals to trade profitably and independently in the Forex Market. This is our latest Trade Ideas results for October. Subscribe to us and receive updates on more upcoming trades.
forex100academy.com