GBP JPY - Long Flashcard - This pair presented with the same pattern as on the reversal more or less - Double bottom formation was formed off of the 200 ema - 15m divergence as a long signal - First leg of the formation had a RSI hook @32 back in the volatility bands - Second leg of the formation had a clean RSI vs Signal line cross as entry confirmation - Pattern...
GBP CHF Long Flashcard - Pair reversed along with all major GBP's therefore pair was in bullish uptrend - Double bottom pattern emerged with RSI @ or near 32 on TDI - The entry was at the second swipe at the low which was maintained within purple box (could wait for 13 ema candle close above) - Exit @common 200 ema resistance for TP 1 or @ RSI hook back in...
GBP JPY - Long Flashcard (unless stated otherwise all trade indications are on the M15) Reversal into a long trend Long indicators: - Weekly low held for 3 days - Double bottom formation on the H1 - RSI hook outside volatility bands near 32 TDI - RSI (green) cross Signal line (red) cross entry confirmation - Double bottom formed near weekly low Take profit...
GBP CHF - Short - Will sell this pair off off the double top from EMA 800 once candle closes as a hammer. - The hammer should either doji or close red if i am to take it but this is a clear double top off of an EMA if i do - Because this pair is currently in bullish momentum i will manage my stop and tp since it...
GBPCHF Short - Pins off 200 ema giving clear easy entry with no draw down - Entry at top off 4th 5th 6th or 7th pin - RSI bolinger breakout hook back in entry along with RSI (green) Signal line (red) cross entry - Exit TP @ RSI bolinger breakout hook back in. - TP 2 non...
USDJPY Buy - Entry off of double bottom formation with divergence and TDI hook below 32. - Stop loss below the formation by 10 pips - Entry at RSI (green) Signal line (red) cross - Divergence on TDI - Bullish cycle - Exit TP 1 @ days initial high -...
USDJPY Buy - Entry off double bottom second green candle @ RSI (green) Signal line (red) cross (TDI). Pair in bullish trend. Hold trade either up to yesterday's high TP 1, or TP 2 @ 50 pips keeping stop loss below the 13 ema or at break even.