AGold54

AGold54 Updated 

Price is above the 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 = 1.7865 Stop = 1.7845 Risk = 20 pips Profit target = 1.7971 ( The projected daily high ) Reward = +106 Pips RRR = 5.3 - 1 2nd Entry = 1.7925 Stop = 1.7895 Risk = 30 pips Profit target =...

AGold54

Methodology v Strategy Some traders use the words interchangeably, I do not. A strategy is a set of conditions that signal you to enter the market, for example, A moving average crossover, RSI going into oversold/overbought and then reversing, Divergence, etc. and combinations thereof. A Methodology, on the other hand, is a systematic approach to the market...

AGold54 Updated 

Price is below the Daily KS and the 15 min Cloud is Flat. There are a lot of wicks creating the top of the Asian Box, this is a sign that the market does not want to go higher. This is a Type 3 trade with a High probability and decent RRR. Entry = 1.7757 Stop = 1.7777 Risk = 20 pips Profit target = 1.7718 ( The 60 KS ) Reward = +39 Pips RRR = 2-1 I would...

AGold54 Updated 

Price is below the Daily and 15 KS as well as the cloud. This is a Type 2 trade with a High probability and good RRR. Entry = Sell CLOSE below 1.8487 Stop = ?? Risk = 25 pips Profit target = 1.8409 ( The projected daily low ) Reward = + 76 PIps RRR = 3-1 I would appreciate if you leave a comment or like as a thank you Have a great weekend! Allen

AGold54 Updated 

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 = 1.8468 Stop = 1.8488 Risk = 20 pips Profit target = 1.8366 ( The projected daily low ) Reward = +102 Pips RRR =5-1 2nd Entry = 1.8436 Stop = 1.8461 Risk = 25 pips Profit target =...

AGold54 Updated 

Price has retraced and is now above the 60 and 15 KS as well as the cloud. I think the retracement will continue. This is a Type 1 trade with a High probability and good RRR. Entry = 1.7730 Stop = 1.7710 Risk = 20 pips Profit target = 1.7802 The 60 min Senkou A Reward = 72 Pips RRR = 3.6 -1 ** Please note the UK CPI will be released at 4:30 am est. and will...

AGold54

Today I published my 100th trade idea. (this excludes educational idea’s) Here are the quick Stats: WINS : 49 Losses: 14 Flat trades: 8 Cancelled Trades: 29 PIPS Won: 2,560 Pips lost: 515 A 3.5 to 1 win to loss ratio A 4.97 to 1 win to loss Pip ratio *Cancelled Trades: these are trades that were cancelled prior to entry. It is important to understand that I...

AGold54 Updated 

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 = 1.7912 Stop = 1.7932 Risk = 20 pips Profit target = 1.7843 ( The projected daily low ) Reward = 69 PIps RRR =3.445 - 1 I would appreciate if you leave a comment or like as a thank you Have a great week ! Allen ** This is my 100th...

AGold54 Updated 

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 = 1.7962 Stop = 1.7982 Risk = 20 pips Profit target = 1.7890 ( The projected daily low ) Reward = 72 Pips RRR = 3.6 -1 I would appreciate if you leave a comment or like as a thank you Allen

AGold54 Updated 

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 = 1.8855 Stop = 1.8875 Risk = 20 pips Profit target = 1.8707 ( The projected daily low ) Reward = 148 Pips RRR =7.4 -1 2nd Entry = 1.8782 Stop = 1.8907 Risk = 25 pips Profit target...

AGold54 Updated 

We had a good push down on the JPY pairs on political tension arising and this pair is now over extended. Moreover, it is now below the Daily, 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS Entry = 135.50 Stop = 135.70 Risk = 20 pips Profit target = 134.50 Reward = 100 Pips RRR = 5-1 Once this trade is up + 25 pips, move your stop to breakeven and let it run.

AGold54 Updated 

Price is above the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. Entry = 1.7946 Stop =1.7921 Risk = 25 pips Profit target = 1.8045 ( The projected daily high ) Reward = 99 RRR = 4-1 I would appreciate if you leave a comment or like as a thank you Have a great week ! Allen

AGold54

Trade Identification How many times have you "Missed" a trade. Once traders have a trading plan, they spend their time looking for set-ups. I would urge to take the next step which is Trade identification. I am not talking about clicking on a chart and seeing if your set-up is there. You want to be able to look and a chart and project what it can do and...

AGold54 Updated 

Price is below the Daily and 15 KS as well as the cloud. This is a Type 2 trade with a High probability and good RRR. Entry = close below 1.8858 Stop = ?? Risk = 25 pips Profit target = 1.8780 Reward = 75 Pips RRR = 3-1 If you like the idea, please push like and follow me, it motivates me to post ideas more often. And if you have your own ideas about the market...

AGold54 Updated 

Price is below the Daily and 60 KS as well as the cloud. This is a Type 1 trade with a High probability and Great RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.7925 (60 KS) Stop = 1.7945 Risk = 20 pips Profit target = 1.7777 ( The projected daily low ) Reward = 148 RRR =7.4 - 1 2nd Entry = 1.7852 Stop = 1.7882 Risk = 30 pips Profit target...

AGold54 Updated 

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 = 1.8032 Stop = 1.8057 Risk = 25 pips Profit target = 1.7915 ( The projected daily low ) Reward = 117 Pips RRR = 4.6 -1

AGold54 Updated 

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 = 1.8166 Stop = 1.8185 Risk = 20 pips Profit target = 1.8050( The projected daily ) Reward = 116 Pips RRR = 5.8 -1 * There is no Breakout trade as this pair is extended

AGold54 Updated 

We have a nice down move in the GBP pairs, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR. Entry = 1.8200 Stop =1.8220 Risk = 20 pips Profit target = 1.8140 Reward = + 60 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...