GBP/CNH - New PositionI have added this pair in my portfolio as I spotted an entry based from my strategy. What lies ahead with this pair merely depends on what the market will give me. Ofcourse, I am hoping that the bias will be with me with this pair. Stay tune for the outcome.Longby alastor_moodyUpdated 0
GBPCNH Rising wedgeOn the chart we can see a rising wedge formed after a downtrend. We expect that downtrend resumes. So we look for a break below the support line for short entry. Target is shown on the chart.Shortby vf_investmentPublished 111
HOW TO TRADE LIKE THEM GBPCNH (TRADE OF THE QUARTER) CONT daily Rejection on higher time frame left a daily triple top into a ranging rectangle pattern with a fake breakout at the high That is rejected by the daily applied moving averages 50 100 and 200. And a rejection of a pivot point (red line) back into the range. Rectangle pattern with measured moves aby Donajor8Published 0
HOW TO TRADE LIKE THEM GBPCNH(TRADE OF THE QUARTER CONT) weeklyAs we continue The necktie rejection = head n shoulder on the weekly The monthly double top second top mad a double top on the weekly which is also the monthly evening star We have price trading under the 50ma and 100ma With rejection of the 200ma as this ma is use for market direction on the hby Donajor8Published 1
HOW TO TRADE LIKE THEM GBPCNH (TRADE OF THE QUARTER) MONTHLYAlright the trade of the ending year 🤷🏾♂️ Maybe not in pip target but in presentation and potential to continue yes. First let understand this is a newly added pair to forex which means the freshness of the market is ideally a great invest opportunity if we trade like them as the initial market by Donajor8Published 2
HOW TO TRADE LIKE THEM - TRADE WITH THE BANKS FOREVER So a hiding gem is the bank saxo, where with them you can get the oldest documented digital graph of a pair. This allow us to see where the initial Money was placed.. So we see where the money was added. we see trillions of dollars added and stopped at these two levels so you better believe theby Donajor8Updated 1
HOW TO TRADE LIKE THEM -TRADE WITH THE BANKS PART2Yes from the pervious post I’d explained what is going on here for free cus I want all to win as it’s enough money to change everyone’s life Now let’s talk about those entries as entries are the hardest. So ideally we want to see price go back and touch the high please see the first post but we by Donajor8Published 1
HOW TO TRADE LIKE THEM GBPCNHMonthly we see a double diamond with respect to a bearish trendline with a rejection. Price is currently below the necktie thus pass the necktie fake out also fakeout are harder to take place on the higher timeframes.. Note overall the rsi doesn’t show higher highs on the test of the trendline soby Donajor8Published 1
GBPCNH: time to go upAs can be seen, the price has been falling for a while. Now, the price entered a platform where the Bollinger Bands also shrunk. So, where would the price go after that? The Bollinger Bands shows a signal that the price would break out in the near future. So, what could this big change be? Let’s taLongby traderscolo-enPublished 4
GBPCNHpreviously went short on this and still am. have 2 positions in this trade at the moment. I was expecting an ABCD patters on the overall picture but realised the inner head and shoulder is also about to play out. looking at charts we see the inner right shoulder forming and also lining up with the Shortby kev1237033Updated 1