Trend-analysis
CADCHF Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: CADCHF is sitting around a strong resistance (and round number 0.700) in blue so we will be looking for sell setups on lower timeframes.
on H1: CADCHF formed a valid channel in red.
Trigger: Waiting for a momentum candle close below the gray area to sell.
If the price forms a new blue dot around our lower red trendline, then we will update our trigger swing.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
EURJPY Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURJPY is sitting around a strong resistance/supply in blue so we will be looking for sell setups on lower timeframes.
on H1: EURUSD formed a descending triangle and head and shoulders pattern.
Trigger: Waiting for a momentum candle close below the gray area / neckline to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
EURCAD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURCAD is sitting around a strong resistance in blue so we will be looking for sell setups on lower timeframes.
on H1: EURCAD is forming a trendline in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish.
Good luck!
EURUSD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURUSD is sitting around a strong resistance in blue so we will be looking for sell setups on lower timeframes.
on H1: EURUSD formed a valid trendline in red
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: If a new blue dot is formed around our lower red trendline, then we will update our gray area.
and until the sell is activated, this one would be overall bullish.
Good luck!
DOW JONES video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for DOW JONES, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
AudUsd: Temporary Downside To Go Hello everyone,
Another week is among us.
If you paid any attention to my post last week on AudUsd and EurUsd - you should of been rewarded... I sure did.
I appreciate all the feedback, follows, and messages.
Now, that I'm looking at the charts - AudUsd should be seeing temporary weakness until 0.72 whole figure, but I am targeting 0.71920.
This idea can change at any time... Especially since markets have not opened, but I am feeling like Audusd needs some correcting.
I will update this post, or post another one if anything drastically changes.
GLGT
NASDAQ - US100 two possible scenariosIf you like the idea, do not forget to support with a like and follow.
on H4: NASDAQ is currently trading inside this giant symmetrical triangle in orange.
SHORT-TERM: this one is now sitting around the upper orange trendline so we will be looking for sell setups on lower timeframes (M30 and H1)
and we will be looking for buy setups as price approaches the lower orange trendline.
LONG-TERM: we will be waiting for price to form a third swing around the upper orange trendline to consider it valid and then enter buy after a momentum candle close above it.
and we will be waiting for a new swing to form around our lower orange trendline and then sell on its break downward.
Good Luck!
NZDUSD Buy SetupIf you like the idea, do not forget to support with a like and follow.
NZDUSD is overall bullish trading inside our blue channel, and since price is sitting around our lower trendline, then we will be looking for trend-following buy setups.
NZDUSD is forming a trendline in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and then buy on its break upward.
Good Luck!
AUDCAD Sell Setupon H4: AUDCAD is overall bearish trading inside our blue channel and it is currently approaching a strong resistance level 0.94 in green so we will be looking for trend-following sell setups on lower timeframes.
On M30: AUDCAD is retesting our upper blue trendline from H4, so as price approaches our 0.94 resistance, we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Good Luck!
GBPAUD - always plan aheadGBPAUD - we can see this pair has been respecting this bullish 4hr trend line for some time now. Although, previously we can see that price has tried to break through. We anticipate we should see price come back through this trend line next week, then get the pull back to around the area marked out and then we will look to get into a sell position and ride this down.
Always plan the trade, if you don't already know where your stop loss and take profit areas are before you place your trade then you are simple just gambling. How do you know what you expect to happen if you don't already know where you are going to enter & exit.
'before you invest in something, invest in time to understand it" if you aren't willing to take the time to learn forex then all you are going to do is either follow signals or guess your trades which will get you no where.
Drop me a message if you require any help at all.
EURNZD Time to sell...EURNZD - sell now open.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
AUDCAD Buy now running.... AUDCAD - Buy running.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.