Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. Entry = 132.80 Stop = 132.55 Risk = 25 pips Profit target = 133.84 ( The projected daily High ) Reward = +104 Pips RRR = 4.16 - 1 Allen
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. Entry = 1.7891 Stop = 1.7816 Risk = 25 pips Profit target = 1.7804 ( The projected daily low ) Reward = +87 Pips RRR =3.48 - 1 ** please be aware that UK GDP, and some other news, are scheduled to be released at 4:30am est., This trade...
Correlation: Correlation is a key concept and can make the difference between both winning trades and losing trades as well as good trades becoming great trades. As those who follow me know, I trade almost exclusively the GBP pairs. Ideally, we want to see all the pairs moving in the same direction. That is a great sign that not only will the trade be successful...
Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and Great RRR. Entry = 132.13 Stop = 131.88 Risk = 25 pips Profit target = 133.15 ( The projected daily high ) Reward = +102 Pips RRR = 4.08 -1 ** Please be aware that US Non-Farm payroll will be released later this am and this trade MUST be closed by...
Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 130.200 Stop = 130.00 Risk = 20 pips Profit target = 131.53 ( The projected daily high ) Reward = +133 Pips RRR = 6.65 - 1 2nd Entry = 130.77 Stop = 130.52 Risk = 25 pips Profit...
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.7887 Stop = 1.7907 Risk = 20 pips Profit target = 1.7744 ( The projected daily low ) Reward = +143 Pips RRR = 7.15-1 2nd Entry = 1.7829 Stop = 1.7854 Risk = 25 pips Profit...
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. Entry = 127.84 Stop = 128.09 Risk = 25 pips Profit target = 127.01 ( The projected daily low ) Reward = +83 Pips RRR = 3.32 -1 Unfortunately, this pair broke out while I was writing up the original trade Idea. I would appreciate if you...
We have a nice down move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR. Entry = 1.8050 Stop =1.8070 Risk = 20 pips Profit target = 1.7990 Reward = + 60 Pips RRR = 3-1 **Once this trade is up + 25 pips, move your stop to breakeven and let it run I would appreciate if you leave a comment or like...
Hey Guys, you have seen my posts here for awhile. I just did an interview with Apiary Fund this past Wednesday, which was well received, so I figured I would post the link here: www.youtube.com Apiary fund is an Awesome opportunity for traders to learn and then trade the fund's money after you qualify, If you would like more information, either shoot me a...
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.2221 Stop = 1.2241 Risk = 20 pips Profit target = 1.2126 ( The projected daily low ) Reward = +95 Pips RRR = 4.75 - 1 2nd Entry = 1.2192 Stop = 1.2217 Risk = 25 pips Profit...
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.2022 Stop = 1.2042 Risk = 20 pips Profit target = 1.1880 ( The projected daily low ) Reward = + 131 Pips RRR = 7 -1 2nd Entry = 1.1952 Stop = 1.1977 Risk = 25 pips Profit...
We have a nice down move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR. Entry = 1.8111 Stop = 1.8126 Risk = 25 pips Profit target = 1.8032 Reward = + 79 Pips RRR = 3-1 * understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered. **Once this...
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and great RRR. Entry = 129.57 Stop = 129.77 Risk = 20 pips Profit target = 128.47 ( The projected daily low ) Reward = +110 Pips RRR = 5.5 - 1 I would appreciate if you leave a comment or like as a thank you Have a great week ! Allen
Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. Entry = 1.9201 Stop = 1.9176 Risk = 25 pips Profit target = 1.9276 ( The projected daily high ) Reward = +75 Pips RRR = 3-1 I would appreciate if you leave a comment or like as a thank you Have a great week ! Allen
This is half Trade Analysis and Half Educational : Interesting Action on the GBP pairs today. GBP has been strong for 4 days now, which we have to respect. However all the pairs are showing signs of topping out. Unfortunately, they have not set-up potential Homerun trades (where we can trade the top). Currently, all the pairs, except GBPCHF and GBPUSD, are above...
How many Trades do you need? I am often asked or advised that I should post more trades and/or have a signal service. This brings me to how many trades do you need. Understand, that enjoying the lifestyle that trading affords is always something you want to strive for. Do you want to be strapped to your computer for 8-12 hours a day? where is the fun in that? if...
We have a nice down move in this pair, so we will look to get in on a pullback on the Daily KS. This is an MA trade with a High probability and Good RRR. Entry = 1.7884 Stop = 1.7909 Risk = 25 pips Profit target = 1.7809 Reward = + 75 Pips RRR = 3-1 **Once this trade is up + 25 pips, move your stop to breakeven and let it run I would appreciate if you leave...
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.4747 Stop = 1.4767 Risk = 20 pips Profit target = 1.4630 ( The projected daily low ) Reward = + 117 PIps RRR = 5.85 - 1 2nd Entry = 1.4699 Stop = 1.4629 Risk = 30 pips Profit...