Zonetrading
GBP/JPY SHORTThis pair has been making LH and now it is at an important support level and I'm hoping for it this week to land at my final projection of 129.667. As of now I don't see confirmation as of yet to go bullish other than possible counter trend trades no key areas have been broken to go bullish, That could change and we will practice patience and wait for what the market gives us and move accordingly.
USDCAD IDEA...USDCAD, as we're in an overall downtrend,
and now the market managed to make an H&S on strong resistance,
we might see a possible drop from now, but the pair could fluctuate around the current zone!
Let's be patient! Right now we have two option to open a trade right now or to wait for the market to reach a better price.
Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
US Oil | TF: H4 | BearishThe daily resistance is provided here, as it is currently in effect via the current downtrend momentum. Hourly support is likely to cause a minor uptrend after the pullback occurs. Monthly support is then provided below the hourly support. This will most likely shift the trend at that time into an uptrend.
A zone is a zone until it has been cut throughAlways have a plan and stick to it:
- A zone is a zone until it has been nullified
- Don't chase trades, you only end up increasing your risk
Here on $EURAUD I managed to bag a bunch of pips on playing zones, but initially lost out because I moved my stop too early on my second lot (corrected this on later trades to allow my trades to run to targets), and didn't re-enter because initially the zone had been used (once again corrected this on later trades to allow me to profit from it)
Nifty from 22 June 2020Nifty is at support zone .. and showing double tops pattern. . .
previous candle are momentum candles ... these double tops candles can be considered as base candle therefore if nifty open above 10330 and shows upside move then they will be considered the next momentum candles ---
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Every Advance zone structure ... will always come back to the break limit zone ( 10285 - 10330 ) after the new momentum candles confirming the future uptrend
SiFi4X Trade Setup While I am still bearish on the USDJPY I can see a short-term scenario where this pops up to test 108.00 again. Buy stop coming out of the 107.00 SiFi4X Zone will be there just in case. Losing this 107.00 zone though is a long road down with the first stop at 106.00 (the next psychological zone). It hasn’t been there in a little over a month.
This is a set it and forget it setup. Right now it is settling in the zone and will test one side or the other. Buy and Sell stops set to explode away from this level.
My MT4 EA will manage the trade and move my stops to break even and lock in profits at various levels. I don’t see it staying in this box long once it begins to move.
GBPNZD Will price bounce in our bullish zone? This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
AUDNZD Price has dropped right into our make or break zone! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!