CoverchefsFX

CoverchefsFX Updated 

Purple Trend- Day Chart Green Trend- 4H Chart Pink Trend- 1H Chart Blue Trend- 15M Chart How to play ADVANCED TRADING ZONE: Instead of the usual TP1's to TP3's I did 5 for both "Short Entry and Long Entry" finding the major support & resistance zones on the 4h chart-1h chart Buy/Sell into entries when the candle completes above "Long Entry", or when candle...

CoverchefsFX Updated 

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...

CoverchefsFX

I made this chart when it respected the resistance, forgot to post it so sorry about that! Chart is still good to play, treat TP1 like the new resistance line since it was broken through, and so far has been respected. Ride it to TP3, wait to cash the trade and see if TP3 is broken through, if its broken through you can stay in the trade until it hits major...

CoverchefsFX

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...

CoverchefsFX

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...

CoverchefsFX Updated 

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...

CoverchefsFX

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...

CoverchefsFX Updated 

Based on my trendline analysis, every trend line breakout creates lower lows on the 15M chart, if the candle breaks through my trend line and goes red towards short entry, it is safe to say the price will drop minimum $800 based on the other drops that broke out of their trend lines! If the candles climb out of the trend line but touch my orange line, do not get...

CoverchefsFX Updated 

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...

CoverchefsFX

A lot of questions whether Bitcoin is going to go up or down, by making a trading zone on BTCUSD, finding the support and resistance levels, should give us a good idea if when BTC hits to a certain price if it'll shoot up or down, so I did that, pretty standard, if the price of Bitcoin goes below our support level (first blue line price labeled as 33047.89) we...

CoverchefsFX

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...

CoverchefsFX

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...

CoverchefsFX Updated 

Play the chart with important rules: My Daily chart trades are different compared to my 15M chart trading zones. For my daily chart trading zones, we play this in-between the ranges (in-between the "Long Entry" and "Short Entry") to make money until a breakout occurs. If the candle wicks up and hits the Long Entry line (the orange line) we get into a sell...

CoverchefsFX Updated 

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...

CoverchefsFX Updated 

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...

CoverchefsFX Updated 

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with 2-3 positions when going into a trade, Take first 1 out at TP1, 2nd one TP2,...

CoverchefsFX

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with 2-3 positions when going into a trade, Take first 1 out at TP1, 2nd one TP2,...

CoverchefsFX Updated 

Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with 2-3 positions when going into a trade, Take first 1 out at TP1, 2nd one TP2,...