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Feeling Long on CADJPY Why will I enter?! Daily: Price is in a support zone. Stochastic is at the bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone. 4 Hour: Stochastic is at the bottom of the line. This would normally tell me that price should test the resistance at some point. 1 Hour: Stochastic is at the bottom of the line. This tells me that price should test the resistance soon. 15 min: Stochastic is at the bottom. Tells me that price should rise at some point. 5 min: Stochastic is at the bottom of the line and I have two parabolic sars. Hoping for early entry. • Set Buy Stop @ 78.485 or Buy Limit @ 78.265 If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with this great community so let’s work! Hope your trading week is going well!
CLong
by Redimere_91
Feeling Long for AUDCHF Why will I enter?! Daily: Price is in a support zone. Stochastic is at the bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone. 4 Hour: Stochastic is approaching the top of the line. This would normally tell me that price should test the resistance after price drops more. 1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again. However, there are no new lows being created. 15 min: Stochastic is approaching the bottom. Tells me that price should rise at some point. No new lows being created. 5 min: Stochastic is approaching the top and hasn’t broke previous low. • Set Buy Stop @ 74.797 or Buy Limit @ 74.377 If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with this great community so let’s work! Hope your trading week is going well!
Long
by Redimere_91
Feeling Long on AUDCHF Why will I enter?! Daily: Price is in a support zone. Stochastic is approaching the bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone. 4 Hour: Stochastic is approaching the bottom of the line. This would normally tell me that price should test the support again. 1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again. 15 min: Stochastic is approaching the bottom. Tells me that price should rise at some point. 5 min: Stochastic is approaching the top and hasn’t broke previous low. • Set Buy Stop @ 0.64752 or Buy Limit @ 0.64539 If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with this great community so let’s work! Hope your trading week is going well!
Long
by Redimere_91
Feeling Short on AUDUSD Why will I enter?! Daily: Price is in a resistance zone. Stochastic is approaching the bottom of the stochastic. This tells me that price should test support soon. Used Fib to track up to 50% of most recent low which near the support zone. 4 Hour: Stochastic is approaching the bottom of the line. This would normally tell me that price should test the support again. 1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again. 15 min: Stochastic is at the top. Tells me that price should fall at some point. 5 min: Stochastic is approaching the top and hasn’t broke the previous high. • Set Sell Stop @ 0.71231 or Sell Limit @ 0.71368 If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with this great community so let’s work! Hope your trading week is going well!
Short
by Redimere_91
NZDUSD falling in love for the weekly? (Update) Why will I enter?! Daily: Price is approaching a resistance zone. Stochastic is approaching the top of the stochastic. This tells me that price should test support soon. Used Fib to track up to 50% of most recent low which near the support zone. 4 Hour: Stochastic is at the top of the line. This would normally tell me that price should test the support again. 1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again. 15 min: Stochastic is approaching the bottom. Tells me that price should test the support again. 5 min: Stochastic is at the top and hasn’t broke the previous high. • Set Sell Limit @ 0.66929 or Market Execution If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with this great community so let’s work! Hope your trading week is going well!
Short
by Redimere_91
CHFJPY Falling in love with the Weekly? Why did I enter?! Weekly: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent high which near the resistance zone. Daily: Price is near the top of the stochastic as well. 4 Hour: Stochastic is at the top of line as well. 15 min: Stochastic is at the top line with new lows being created. 5 min: New lows being created! If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with this great community so let’s work! Hope your trading week is going well!
Short
by Redimere_91
CADJPY should fall in love on the Daily! Why did I enter?! Daily: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent low which is in the support zone. 4 Hour: Stochastic is at the top line as well. 15 min: New low present with price testing the recent high. 5 min: No new highs are being created. If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with this great community so let’s work! Hope your trading week is going well!
CShort
by Redimere_91
Feeling long for NZDJPYI marked this up on Sunday and feel like the move is finally close to being ready! Price is currently in a support zone and since August, it seems like price bounces off to the upside. Price should at least challenge 50% of the most recent high and if lucky, price should literally enter the top resistance box at some point. I try to keep my analysis as simple as possible. If you agree, go ahead and like or follow! I'm new to trading and am looking to build and network with this awesome community!
Long
by Redimere_91