EURMXN trade ideas
How To Trade The Ascending Triangle + Double Bottom ComboWait For The Close Above the Neckline at Horizontal Level 24.07952. After the close above level; resistance level turned support.
Wait For The Retest Of The Neckline At 24.07952. Watch For A Pin Bar or Rejection Candlestick to form at the horizontal neckline.
Enter Trade At The Closing Price Of Pin Bar or Rejection Candlestick.
Set Target Price Using Measured Objective Of Pattern. Measured Objective Is 24.37017. Measured Move Is 2906.5. Height Is 2906.5.
Exit Trade At Target Price.
EURMXN Take Profit At 24.27719 ; 24.37017 ; 2021 Apr 28 TradeEURMXN Take Profit At 24.27719 ; 24.37017 ; 2021 Apr 28 Trade Idea at 20:00
After Pin Bar formed, placed buy limit order at 24.11001. Stop Loss Level is 24.04090. R-Multiple is 2.42R.
Why did this trade work perfectly? Four or more touches for support resistance level, identification of trend, and pin bar price action signal.
good profit Chart can not fall below the 50%. Tried before while never done it. I'm positive it going up
Possible good ratio Just simple as in the image. The ratio profit/loss is quite interesting. Probably this idea will fail as the stop loss is very tight but in case of success the profits will be very positive
Weekly trend swing trading idea Eur/MxnHello Traders,
Here you can find my weekly trade ideas. They mainly serve to achieve a possible learning effect or to show other perspectives how other traders set their positions and act, should be very interesting. The focus is on the "point of view" (learning through seeing)
All trades amount to Fundamental, Economical, Mathematical, - Technical information.
In the 4 years that I have been trading now, I have simply learned that the trades are only as good as the information that is based on them, the higher the density of information, the better and more likely that the trade will work.
Every week on Sunday there is an update, because new information is published over the period. Depending on how these end, the trade is either closed "early" or it continues on its way towards TP (Take Profit)
CRV (opportunity-risk ratio) is ALWAYS 1 to 3
Trading style includes hedge and trend based swing trading and position trading approaches.
Please use your own criteria (entry, exit,etc.) and don't be a copy, otherwise it won't work, find out which style suits to you
Enjoy and take what you need
Have a Nice Week :)
EURMXN - LONG - Possible Trade Upcoming in #April #Forex #LongHi Guys,
As it's closing in on the end of the month, i've started looking at some options for April.
I've come across a potential LONG on the EURMXN with an R/R of 3, I say potential because we're not in a position yet to place the order.
So to explain the analysis, we're currently on a March long downtrend referred on the chart as dt1, and also closing into supports at Up1 and Sup1.
I think we're really early for this at the moment, but i've set alerts on dt1 as well as Up1 to see if we get any early action this week.
I'm really interested in convergence point "a". If price action either breaks through dt1, and retests, i will be considering a long. If price action moves sideways and outside of the dt1 downtrend, i will consider a long.
I will no longer consider a long if the price breaks down and significantly passes Up1.
Thank you for taking time to read this,
For_The_Many
Do it🔥One more trade on big frame, wolves🔥
Great descending triangle on EURMXN currency pair.
According to Elliott Waves theory Wave D is done and the price is heading to Wave E. However this triangle may be circumcised and the breakout will be in near future.
Follow the chart and look for the breakout carefully.
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
EURMXN Target Price 25.64499EURMXN Entries
Date and Time: 04 MAR 21 12:00
Closing Price and Entry Price: 25.12248
Date and Time: 04 MAR 21 16:00
Closing Price and Entry Price: 25.19305
Run, Forrest, RunOne more trade on big frame, wolves🔥
Great descending triangle on EURMXN currency pair.
According to Elliott Waves theory Wave D is done and the price is heading to Wave E. However this triangle may be circumcised and the breakout will be in near future.
Follow the chart and look for the breakout carefully.
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
EurMxn Daily candlestick lookI think it. So what is your expectations in comment below.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
Stay With me
Stay With trading
Stay With idea
Stay on trend
EURMXN short setup EURMXN we have a nice intraday setup lining up, on the daily market has formed a W formation in which we expect to complete at the neckline, also on the weekly we are facing weekly resistance. On the lower timeframes at the moment to early to be looking for entries as everything is still bullish, we will be waiting for a change of environment from a indicator perspective and a change of structure on lower timeframes before looking for a valid entry to short.
My SELL BiasShort term bias. There maybe a retest of the Monthly supply zone off the trend line, just keeping an eye on it for now.
HOW TO TRADE LIKE THEM Setting ups on deck as this one isn’t taking yet . But trading position requires deeper insight than what any schematic can provide so you can have it.
for those looking to invest in the market as these times the market is providing positions of untestable entries as most markets are changing direction and this happens once a decade
I have positions available to trade and monitor for you. I’ll coach you through and explain the trade in depth via zoom. Serious injuries plz
as I’ll monitor n will place them in their position out of the selective pairs that I’d followed and know their agendas I’ll walk them through the set up from the start of the pair so they’ll know and understand. Also education method is additional or separate
Like learn follow become educated
HOW TO TRADE LIKE THEM
EURMXN Long First price is at previous support and is also forming divergence on the 4hr time frame, which is where I normally like trading divergence, and the D1 as well .. A trade I'll definitely be taking once price rejects the zone properly ..
