Tradingstrategyguides
USDJPY 1H/4H BIG 3 TRADES
Long trade
Pair can breakout long on 1H resistance level of 112.39 for long entry
4H resistance levels at 112.73 & 113.09 as TP
Short trade
Pair can fail long move
You find entry short on 15m
1st take profit ar Yel Res. line of 112.13
2nd TP at 61.8% fib at 111.88
3rd TP at 50% fib at 111.50
XRPUSD 1H HORIZONTAL PRICE CHANNEL PATTERNStep 1 - Find a descending, ascending or horizontal price channel pattern
The horizontal Price Channel pattern can be defined by two horizontal lines as opposed to using
trendlines . Basically, when we have a consolidation or ranging zone where the price simply
bounces on and off between the two lines – support and resistance .
Using a Channel trading strategy you can easily identify trade ideas for big profits.
Step #2: Wait for a Swing High to fail to reach the top of the Price Channel pattern
In the case of an ascending or upward Price Channel pattern the first warning signal that the
price will fail to trade within the boundaries set by the Price Channel Pattern presents itself
when the last swing high point fails to reach the top of the channel.
Only our Price Channel trading strategy makes use of this powerful price reading technique
because our team at Trading Strategy Guide has developed the “early signs” of Price Channel
breakout.
The fail attempt to test again the top of the Price Channel is a sign of price weakness which is
confirmed when the price also fails to bounce off the Price Channel bottom and breaks it
instead.
Note* The more times a swing High fails to reach the top of the Price Channel pattern the
better the trade setup
Step #3: Wait for the Price Channel breakout and for breakout confirmation
One of the worst mistakes traders does when trading Price Channel patterns is that they don’t
wait for confirmation signal when the Price Channel breakout happens.
You should always wait for breakout confirmation!
What do we mean by breakout confirmation?
In simple terms, we want the breakout candle to post a close below the Price Channel bottom to
confirm the breakout.
So we don’t just wait for the Price Channel breakout, but instead, we also want to see the
breakout candle closing below the Price Channel pattern. This is a very simple way to avoid
many of the false breakout signals.
Note* The breakout candle needs to be a big decisive looking candle, but it’s not mandatory
Step #4: Sell right at the Breakout Candle Closing Price
The Price Channel trading strategy uses a very simple trade entry technique.
A sell order is triggered at the breakout candle closing price.
The Price Channel breakout technique provides us with an entry signal that you can be confident
executing the trade.
Step #5: Take Profit 1 at the 50%/78.6% Fibonacci Retracement of the previous trend, Take Profit 2 at
the starting point OF Fib Retracement (100% fIB)
The Price Channel trading strategy employs multiple entry techniques.
Our first potential take profit zone is the 50%/78.6% Fibonacci retracement of the previous trend.
What do we mean by the previous trend?
The trend that was contained within the Price Channel pattern. So plot the Fibonacci
retracement indicator between the high and the low of the price channel or trend.xrpusd 1h hori
USDJPY 4H BREAKOUT or BOUNCEThis is a Big 3 Indicator trade
There is a resistance level at 112.00 and 112.15
Price will either breakout long of resistance levels or bounce back short.
Short trade will be taken on a 15m chart
Big 3 indicator back ground will stay green with the breakout
Big 3 indicator will turn red with the bounce back
Short Take Profit @ 111.11
SL above 112.15
EURCAD 4H MA SHORT TRADEPrice has entered the inner range space between the 50 sma and the 100 sma
price may raise back up to the 50 sma.
There it can continue long and retest high @ 1.5353
Or bounce back below the 50 sma and continue to the 100 sma
Short trade
Sell Stop at 1.5210
Sell Take Profit at 1.5175
I will place SL above 50 sma
I will cancel short trade if price goes above 50 sma
EURAUD 4H SHORT TRADESThis pair has been in an uptrend for a long time and still going
Trading against the trend is risky
If price goes against you close trade early
There is price divergence compared to the Macd
1st Short trade
Macd has crossed below the red line - bearish pullback bias
1st Sell Stop @ 1.6285
1st Take Profit @ 1.6205
SL above swing high
2nd Short trade
Macd should still be below red line and have crossed the red zero line also
2nd Sell Stop @ 1.6125
2nd Take Profit @1.6035
Find appropriate SL
DID YOU CATCH THIS TRADE - WE DID!!!ETHUSD 4H showed a large bearish move with long body candles
ETHUSD 1H shows our BIG 3 Trading System Indicator Entry
1H chart shows a support level to breakout
Big 3 Rules
1 Red candle close below ma's
2 Green candle pullback
3 Red candle continuation close - ENTRY @ 286.35
4 SL above fractal high
5 When Big 3 back ground turns yellow EXIT @ 227.00
EURUSD 4H INSIDE RANGE TRADEsPrice is between 50 sma & 100 sma which I call inside range
Price has held under 50 sma so bias is short
Long Trade
Buy Stop @ 1.1665
1st Take Profit is 1.1690
2nd Take Profit is 1.1718
Short Trade
Sell Stop @ 1.1614
1st Take profit @ 1.1580
2nd Take Profit @ 1.1538
I will find appropriate SL
This is for education purpose not a trade call
USDCAD 1H lONG TRADE FOUND ON 3 TSG INDICATORSAdvanced Triangle Breakout System Indicator 63 pips
5 Candle Mastery System Indicator 90 pips
Big 3 Trading System Indicator 131 pips
Each indicator finds trades setups based on
Triangle patterns breakouts
ATR breakouts
Continuation candle pattern breakouts
PM if you have any questions. I will be happy to help.
AUDUSD 1H WILLIAMS ALLIGATOR STRATEGY Tradingstrategyguides
5 candle trading system
based on Alligator strategy
Red column shows a short trade setup is developing
If price closes below red line then enter
Let's see what price will do this Asian session
Currency strength meter shows USD stronger than AUD
EURUSD DAY DOUBLE CHOCOLATE TRADESI am using the double bollinger band strategy and the Bitcoin-signal strategy to give us
a double chocolate confirmation.
Watch where the day closes on the double bollinger band
If the day candle closes below the bollinger yellow deviation 1 band then there can be a bearish pullback to the center bollinger 20 ma band.
If price falls then it will cross below the atr band sell stop of the bitcoin-signal strategy
This trade may go into the beginning of next week
BTCUSD 4H BULLISH BREAKOUT OR BEARISH FAILUREBTCUSD 4H is in a range
Price at top of range
Range top @ 7156.6
Long Trade
Watch for a Bullish breakout
Entry long on 15m chart with a break-hook-go pattern
Previous high @ 8287 will be Take Profit area
Short Trade
Range top breakout failed
Price fell back into range
Range bottom @ 6009.6
Range bottom will be Take Profit area
Our pulse system is bullish so all we do now is wait for bullish breakout or bearish failure confirmation
This is our Strike Trader Elite Trading Strategy available on Tradingview now.
Any questions for us please PM us.
USDJPY Short | Easy Setup If Support Is BrokenThis one is going to be quick if it goes!
Strong support here on the M15 time chart. This is a classic strike setup and we like it short here if this support line is broken. Our pulse system is bearish so all we do now is wait for final support break confirmation.
This is our Strike Trader Elite Trading Strategy available on Tradingview now.
Any questions for us please PM us.
Thanks guys!
GOLD - POWER OF 3 STRATEGYGold 4H reversal
The power of three method will enable you to spot when a swing low or a wing high is in the process to develop. Reversal trading can burn your account if you don’t employ the right tools. Understanding when to spot a bottom in the market and this buy/sell trading step-by-step guide is all about.
Step #1: Look for a downtrend that has broken a previous swing low
We’re trying to make it easier for you, so in order to determine the trend you can simply use the 50 EMA. For trend direction, the 50 EMA is one of the most prolific moving averages. In a bearish trend, the price needs to trade below the 50 EMA.
If we want to identify a change in the trend direction, we need to look after market changing factors that hint towards a change in the market sentiment. Usually, the most powerful trend reversal happens near a previous swing low.
The more significant the swing low is, the higher the chances are to have a winning trade.
From a supply and demand equation, there are lots of things that happen around a major swing low. Often times these pivot points are used for stop loss placement and once they are triggered a reversal can happen.
The key thing to keep in mind when trading reversals is that location is everything.
Now, we’re going to outline the power of three pattern that can signal a swing low.
Step #2: The Power of Three: Look for a candle that has higher lows on the right and on the left
The power of three pattern is composed of three candlesticks, where the middle candle has both on the right a and on the left a higher low. When you employ the power of three at an inflection point then trend reversals become not so difficult to anticipate.
This is not a very common price action reversal pattern but it’s one of the most powerful chart patterns you’ll ever learn. What happens behind the curtain in terms of the supply and demand balance is represented by the power of three method. It simply shows more demand coming into the market.
Note: The breakout of the first candle high doesn’t necessarily have to come with the third candle. It can come with the 4th or the 5th, etc. candle as long as the low of the middle candle doesn’t get violated.
Note: the third candle needs to break and close above the high of the first candle for a valid reversal pattern.
Step #3: Buy when we break and close above the first candle’s high
As we noted before, a swing low is confirmed only once we have a break and a close above the first candle’s high. The power of three is completed when price breaks and closes above the high of the first candle, which is also the ideal place to open a buy position.
Step #4: Hide your protective stop loss below the middle candle
To protect your trade, you need a stop loss in the market.
Your stop loss is just like a friend that is meant to protect you from blowing up your trading account.
With our strategy it is not that difficult to define the proper location to hide your stop loss. Simply place your stop loss below the middle candle low. A break below this low will invalidate the whole trade idea so there is no point in trying to force the market any longer.
Step #5: Take Profit at the 50% Fibonacci Retracement (or one you choose) of the previous cycle
Once a trend reversal is set in motion according to the Dow Theory it has the tendency to find resistance at the 50% Fibonacci retracement of the previous cycle.
Simply, plot the Fibonacci retracement tool from the high to the low of the previous bearish trend and set your take profit at the 50% retracement level (or one you choose).
Note** the above was an example of a BUY trade using this cryptocurrency reversal strategy. Use the same rules for a SELL trade – but in reverse.
EURJPY 4H STRIKE TRADER ELITE TRADESStrike Trader Elite indicator found a long trade
We are late for the entry
Original STE Entry @ 128.78
Late Long Entry @ 129.70
Long Take Profit @ -61.8% fib @ 132.62
STE Take Profit @ 132.70
New SL @ 128.55
Possible Short Trade
Short Sell Stop @ 128.87
Short Take profit @ 127.60
Short Stop Loss @ 129.70