TLDR: Odd stuff goin on... Just buy at 1 (Red Line Green Dashed Line), 2 (Next Redline Blue Dotted Trend), or 3 (Last Blue Dotted Trend Line, Last Red Dashed Sub Level), with 38 pip set stops at each one... 12-19 R trade using green "Profit" Line as target... Long Form Description & Explanation: I have been staring at this chart all day, and until...
Looking over the higher time frame, and using various looks, most all signs point to a higher price in the near future. I will be watching the 1.082 levels, looking for rejection before entry near the long tool. With the target at 1.11315, outlook to 1.115, there is plenty of room for reward to make sure of a good entry. I want to make sure we have some reaction...
Events leading up to this idea are detailed in the linked Idea if you'd like to catch up on the story 😊 Looking at a potential short oppurtunity off the 1.092 area. It's a key 4 hour level and we have used it a few times before, so it is well defined. I expect price to drift up to the 4 hour level, reject, possibly retest close by and then head down (more od a...
But not by any of the brokers..... They are rigged by OUR OWN MINDS Let me explain..... You start learning how to trade, all the lingo, and even some strategy. You start a demo account, doesn't matter where, and just start trading You do it just like you learned, from where ever you learned it. Indicators, check, do the analysis, check, major levels,...
First trade won the commission account, going to try for a short from beyond the 4hr level from 1.094, stop loss at 1.0965, target the midline of the diamond pattern trend line area at 1.085
Watching for either a short or long, because judging from the top down analysis, were in a triangle/possible pinch point of a change of direction. A strong breakup, I'm going long, looking to break through the top level and continue to the 1.09s, and possibly 1.10, but at least near future, stay above the peak level. From the 4hr If the main trend line breaks,...
Watching this one, I think the short is missed to point 1, but I'm also watching to see if it tries to push up above the current resistance level. If we cross up, I'll be looking at point 2 for a retest style entry. If it carries back down to the support level below in point 1, I'll watch for a reject/retest type entry there to come back up to the major...
No particular plan right now, Just observe the channel and see what breaks. -If we have a strong run out and up, the hedge buy target becomes a focus, and then match sell from that level. -If we have a strong run out down, the hedge sell, or breakeven(depending where it break) will be the focus, then match buy from that level. No targets as of right now, just...
Making a staircase pattern inside a fairly tight channel. Looking a bit back there is a long trend line and it looks like the stairs are made by various other trend lines around the same line, with some eager early selling. Entry lines up around 1.312, the peak of the most recent highs. 5 minutes chart shows the stair levels and where they may be made. 4 steps,...
Looking at a newly formed possible agreement line, I'm thinking it will bounce back to the trend line from support below, then react and charge down to the next level below. Short tool to show where I'm looking to enter, with stop as a hedge Incase the idea is rejected and we reverse up instead, but I think we may have to go to the next level down before the...
Instead of just saying "Go in!" let's try a little watch and wait. We're in a downtrend overall from the 4hr, but also at a key level from the 4hr as support. I see it tried to reverse before all the news happened last week, But dropped one more level. Buy the level, if some reasons present themselves around the 130.5, with a hedge sell below at 130.3 if the buy...
Looking at the open and the way things are starting to line up, this is the outcome I'm thinking is most likely. Still hedged, waiting for the price to reach the short position, release the buys at breakeven, then let price go down to meet up with my sells down below. I will have a 4x hedge order in where the stop loss is shown (1.2295), entry at 1.2263, target...
After some major dissection from a few different angles, I see a bit of chaos mostly. I imagine for the open of the week, we may see some spikes and just general up and down. Overall, we look to be finishing up by going into a down trend, or at least going a bit lower, maybe as low as the 1.18 range. It is rather balanced right now, with a lot of long and short...
Looking forward, I'm seeing a triangle formation, looking for entry around the support+trend line area at 1.23015, with a hedge sell stop at 1.22850. Looking at an overwhelming amount of buyers in this area, and comparing to other currency like the eurusd, I don't see the ceiling on that yet 🙈. Dollar is not doing well and banks are mixed, so quite a bit of...
Showing a very clear character of a triple tap. Low angle of higher high manipulation, filling a lot of sell orders. Each high falls back to the base, creates false demand, then drives up into the sell orders. The third leg is usually the most profitable, and the pattern usually results in a hard fall.... Ahem... Eurusd a couple weeks back. Entry placed on the...
Strong build up pattern underneath the 4 hour level I've been watching all week, looks like a push up into the 1.24 levels above. Trade is live but may catch the uptrend line in the pattern some more. Stop hedge at 1.2245
Broker says nothing is wrong, and I currently have a short coming into this level of entry I was able to place with no issues. I think it may have been a deviation on th order type issue on my end. Looks like we have pulled a successful reversal through the start of the week, we have a trend line coming up to meet with at a level, which tend to be great signals...
From analysis in the last position, I anticipate a strong charge at the 1.23 level. Looking to get an entry around the zone at 1.22, placing the hedge sell about 26 pips below. It looks like we have a pullback set up in an uptrend, with a lot of activity in tight ranges on the way down indicates we may be getting ready to charge at the 4 hr resistance level. I...