Tradesignals
GBPJPY H4 - Long Trade SetupGBPJPY H4 - Expecting very much the same with GJ as we are with cable, maybe a bit of a pullback but eventually an upside break and retest to offer long opportunities and continuations, all you have to do is scale out onto the D1 to see how bullish bias we are, 1.35 would be the highest price seen since July 2018.
EURUSD H4 - Long SetupEURUSD H4 - Currently pushing a key resistance zone, we have marked and annotated the monthly key level, resistance zone and 1.19 whole number, usually we would look to short this, but DXY is looking weak and we may be ready for an upside break, we have an ascending trend too, with sellers losing strength each time we push 1.189, breakout may be imminent. A break of those confluences and a retest of 1.19 would be good for us for potential buys.
NZDCAD D1 - Long Trade SetupNZDCAD D1 - Daily close yesterday saw the upside breakout, a retest of the newly formed support zone could warrant buying opportunity off the back of todays close. Already starting to see a pullback, we have breakout highs, resistance to support and 0.90 whole number too, so a handful of confluences. RR is also sitting at a huge 1:6.
EQR - 4.37% Potential Profit - Descending TriangleDescending Triangle just broke out, aiming at ATL.
Lack of resistance confirmation means that we are chasing the price. However, my Stop/Loss is very tight and we are protected in case of an unexpected bounce. This is also due to the unpredictability of the market these days.
- Target Entry $51.92
- Target Stop Loss $52.48
- Target Exit $49.60
About me
- P/L September +33.74% | August: +232.32% | Historical Win Ratio 70.59% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
MO - 4.86% Potential Profit - Ascending TriangleAscending Triangle broken out after a 6-month modest bull run. Multiple support confirmation on the 5-min chart.
Support manage to hold up quite well even during the recent meltdown.
- Target Entry $43.09
- Target Stop Loss $42.62
- Target Exit $45.02
About me
- August P/L: +203.83% | Wins 85.19% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Bullish Swing Oppurtinity in EURUSDEURUSD, is forming a contraction in volatility pattern in up trend. The general trend for this pair is up despite the correction phase that facing this pair since 3th of Aug 2020. I believe the speech for Fed Chair Powell will provide good momentum for this pair to break the resistance its facing right now which is 1.1835 and move forward to reach 1.1959.
Applicable setup up for trade is:
Buy: 1.1835
Stop loss: 1.1759 which is (0.0075) pips
Profit at : 1.1959 to 1.2 around (0.0125) pips
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DO your DD and trade based in your ideas, this is a though that I saw from reading the chart of this pair.
Good luck
GBPJPY H4 - Short Trade SetupGBPJPY H4 - Must await a candlestick close on the H4 timeframe here to give us that confirmation we are looking for to see some downside pressure. Massive rally seen here, ***YEN pairs ripping upside for the most part, would be good to see some corrections soon, RR ticks the boxes as long as we don't dump.
Bitcoin Buy Signal At Tough Location For Swing Trade Long.Bitcoin has been in consolidating near the 11,600 to 12,300 resistance zone and today has taken out the high of yesterday's inside bar. Based on our swing trade rules, this is a new buy signal, BUT we choose NOT to participate. Why? Aren't all buy signals equal? They are not. Although the trend is CLEARLY bullish, the location is NOT ideal in terms of the probability of the location. Greed, desperation and a lack of discipline does not get in the way of our rules.
So who is this appropriate for? Smaller time frame aggressive traders who know when to get out if there is a lack of follow through. On THIS time frame, risk can be measured from the 11K level, which means buying now requires a move to the 12,500 area to be worthwhile. The 11,600 to 12,300 resistance has been tough although a break and follow through can happen, the probability still favors a fake out which is why WE choose to step aside (especially since we are NOT day trading this market).
A decisive close above 12,300 and this thing has some room to run. IF #Bitcoin fakes out instead, 11K can get taken out quickly and in this scenario we would be waiting for the 10,500 inflection point support for a new swing trade idea long. IF this thing runs from here, and we miss it, we lose NOTHING. Our primary objective is capital preservation.
SQ 1hr outlooklast week SQ was flagging. I went long at $120 and added a second position today at $122. We broke the flag. I cansee $128-$129 region getting hit today
ASTBTC
BUY AROUND 548 - 552
SHORT TERM TARGETS: 560-580-600
LONGER TERM TARGETS : 650 - 700 - 750+
STOP LOSS : 530 - 505 - 490
pick targets and stoploss to suit your strategy, risk tolerance, % capital used etc.