Dretrades2024

Dretrades2024 Updated 

On my last trade on this pair I got a beautiful 1:10, I believe that if this pair comes back into the 0.75 area of my Fib tool, I will sell again, as we are currently in a sideways range, I will wait for price to come back to this selling order block and sell again for a 1:12. This is my trading journal, I don't provide 100% signals, but so far this strategy I'm...

Dretrades2024 Updated 

I took this trade and it's currently running my TP is about to hit for a 1:10, the reason why I'm sharing, is it's taken me 2 years to see results in everything I've learnt and all the strategies I've tried. I've stuck to this new strategy, I'm enjoying it, and focused a lot on discpline, journaling and time of execution and finally my first trade in 2 years to...

Dretrades2024

I believe my new strategy to be around 70% accurate, waiting for a reaction from the area of where my short is placed, I will also make sure that when a rejection occurs, I enter when I see a BOS on a lower time frame, such as 5 minute or 1 minute, just for double confluence :). The trend is bearish and I believe the support zone I have marked out, is unmitigated :)

Dretrades2024

Using my new strategy, I've had about 70% success, which is decent. I use the Fib and different ranges as price points where I believe price to reject, and using HTFs, I base my predictions on the current trend for a continuation to the direction of choice, I look at the 50% or 75% area and wait for a rejection and for entry, I'd wait for mitigation of that zone :)

Dretrades2024 Updated 

Trying out a new strategy, simplyfying SMC and going with a fibonacci based strategy, I might not take this trade; it is hypothetical, depends on the reaction from the given area, If there is no rejection of the area, I will instead wait for the rejection of the top side of this area :)

Dretrades2024 Updated 

I've been charting with a new strategy, that I've been enjoying to see the results of my hypothetical trades. Due to manipulation, it may vary slightly but I do believe the trend is bearish and I do see some more down side potential :)

Dretrades2024 Updated 

I believe that this pair will fall, at the area roughly marked with the short position. I see a move down with this pair and this is mainly my trading journal, I post what I see and I use my FIB tool and market structure to make these calls :)

Dretrades2024 Updated 

I have been working with a new strategy, this isn't an exact idea, obviously hypothetical, I like to post my ideas, as my own personal trading journal, whether or not it's to the 'tee', which I'm hoping it will be. Anyway, this strategy uses fibonacci and sideways range triggers, as well as different push and pull ideas, to get to a point where I believe multiple...

Dretrades2024

This idea is based on a new strategy that I have been working on and due to the HTF trend bias as a confluence, I believe that with use of the fibonacci and the area with regards to the shift of structure, I'd be looking at shorting this pair. This is hypothetical and I'm not a professional trader, I just like charting and use this as my trading journal :)

Dretrades2024 Updated 

Bearish engulfing, major demand zone and area, 50% retracement for entry and execution

Dretrades2024

I see continued growth for this pair due to multiple time frame analysis, fibonacci levels and a shift of structure that occurred with no pullback, This is a viewpoint, not financial advice :)

Dretrades2024

Multiple time frame analysis sees this pair continuing to head down, Fibonacci pullback, and trade execution in the red zone.

Dretrades2024

This 30% Weekly, Daily, and 4h trend is likely to continue down, waiting for all my confluences to come together for a beautiful short down to the support level, use of EMA and Fib for extra validation :)

Dretrades2024 Updated 

Long due to Fibonacci and pattern analysis, the bullish push up has made a pullback and is now ready for continuation :)

Dretrades2024

In trading, a Fibonacci short refers to a bearish trading strategy that involves selling a financial asset, such as stocks, commodities, or currencies, based on the principles of Fibonacci retracement levels. Fibonacci retracement levels are derived from the Fibonacci sequence and are used by traders to identify potential reversal points in a price trend. When...

Dretrades2024

In trading, a Fibonacci short refers to a bearish trading strategy that involves selling a financial asset, such as stocks, commodities, or currencies, based on the principles of Fibonacci retracement levels. Fibonacci retracement levels are derived from the Fibonacci sequence and are used by traders to identify potential reversal points in a price trend. When...

Dretrades2024 Updated 

Just looking at price action and viewing the daily chart, as a swing I would look for a clean 50% retracement on this pair, and then a short to a major support level whereas liquidity has been waiting to be grabbed , snatched up and used for a long term trend up :) Long will be to around TP 164.300

Dretrades2024

Based on fundamentals, price action and structure, the current move that we all saw that seemed to be bearish was infact a liquidity grab, I believe this pair will grow in the weeks to come. Reversal and possible breakout :) , for the haters that may come towards this chart, I'l update it weekly ;)