Gold after hitting the High of $2087.98 is anticipated to retest the next significant level support 2065 with an attempt to pick liquidity and further driving up to test the all-time high of $2145 is on the card this week. DXY at the close of last week represent a probability of the dollar index declining to the next key level of 102.5 which could give GOLD the...
In my last TA post, I talked about the possibility of Bitcoin heading back to the $35-36 range before the halving, and I still don't think I am wrong about that. Let's take a look at why... Bitcoin is really hitting some resistance at the current range. When I look at other cryptos like Ethereum, it's much of the same. This pattern looks to me like a bull trap....
beautiful symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis..
Hey Trading family! In this education post I'd like to share with you my observation of the 3 cycles that create the uptrend and downtrend. First, trend refers to the natural movement of price action. You may know this has highs and lows. I say we dig deeper. Highs and lows are referred to as the highest price a buyer could buy a currency while a low is the...
Has been trending downwards since mid-march when price peaked at the 1.0400 region
After Mondays short trade our script says it's time for a long. We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart trade has just alerted at time of writing. Working the H1 time frame here and we're only looking for TP3. Previous trades can been seen on chart with the last one being covered in the idea...
Short in mind. FCPO will change direction if price make new structure outside channel. Multi timeframe trend strength (30 minutes, 1 hour and 4 hours) look seller in control.
CADJPY BUY trade running nicely, let them winners run ! 5.15% based on 1% risk OUR STRATEGY EXPLAINED: 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...
CADJPY - buy position now valid. 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...
Sell valid on our strategy. 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...
>> OFFER AVAILABLE, read below << Last signal showed us a start of a bull trend. As of now we are in the clear and heading in the predicted direction but we could also consider this state to be a sideway movement. If that is correct we might stay here for a while before making a conclusion if we want to go with the bulls or the bears! >> OFFER << I have finally...
Hi guys, our @FollowMyForex trend following system just gave a short signal on GBPNZD for a whopping 4.7-to-1 reward to risk ratio. We will be taking half off at the first target as marked on the chart and ride out the rest of the position to the second target. Remember to never risk more than you can lose, even if the potential profits look very enticing. It's...