I know you have been waiting for this <3 Gold made me some good money last week and its moving nicelly down and up, not a lot of 4H consolidation, that means, we can look for better trades :) For this week i am planning to watch gold really closelly... on 15 minute we have some nice support and resistances... I actually checked 5M and 1M timeframes and we have...
I am fighting with myself on this pair... we broke the support and retested it, but it maybe made an fakeout and we actually made double bottom :) IF this is real breakout and we go down, i shoot for 1.70900, if it comes back to resistance, break it and retest is as a support, we are going up nicelly, i will update you on tuesday or wednesday
GBP/USD is actually amazing pair to trade this week It look like, we have some H&S forming on 1H timeframe, Left S was formed, head was formed and we are waiting for that Right S, my trade idea is based on 15minute with fibonacci and support confluence... SL is right under 4h support for 35.5 pips and tp 83.8 pips, but we can easily shoot for 1.38400 for 120+pips...
My favorite pair lads ;) GJ was bearish as her her sis CHBP/chf Overall look is bearish for the start of the week... till 149.639 Trade is 16.9pip SL with sl above ma"s and tp with 64.7 pips right at the support ;) next trade is for me expected as same as CBP/CHF come back to the resistance, this time we are coming maybe for 115 pips with 14.2 pip sl under the...
Last week was very bearish for almost all GBP pairs... I am looking today on GBP/CHF with just a little confluences to take a trade next week... Overall we has little support at 1.26500... My idea for few trades this week are mirror effect till 1.2655 and after that we will see if price breaks this support and continue down, or come back to touch resistance for 72...
Hello guys!! after long time i am back! No even freakin tumour can stop me! Lets get this!!! In this chart analysis, we can see bearish divergence formed with counfluence of broken and retested trendline, main target is mirror effect 200pips! we have support/resistance confluence with trendline and divergence, perfect example of how it should look like
This is my overall lookout for this week for GBP/JPY everything is described on the picture ;)
Hello guys, today is a special day! I was thinking about backtesting a bit... So i am going to take you throught some trades! 1st trade as you can see was pretty nice 1:5RR ratio Simple consolidation breakout and retest, after 2,5 profit i closed halft profit and putted sl to break even...TP got smashed and my face was full with smile 2nd trade was almost the...
Beautifull break of the resistance and i want to see that touch of surelly new support! 1:2,5RR lets see!
beautifull 3 fakeouts and price breaking below my marked zone... hoping in with 7 pip sl and 14 pip gain 1:2 RR lets see!
I have a feeling pound will break this resistance, but chart is showing resistance pretty nicely, we will see, risky trade but i am going to take this 1:3 RR
I didnt lied tho, i took the trade based on my knowledge earlier and boom 6 pip stop loss and 30+pips gain that easy guys we started this week with boom
As you can see, its not only about winning... I am taking losses like its a part of my life... fibonacci zone was holding pretty nicely, and then pew... sl got hit few minutes ago... its only 17 pips, and for last weeks almost 300 pips gain its almost nothing ;) i am not going to provide only good trades, i will show you my losses too, if this trade was going the...
I marked support/resistance on daily timeframe and i see, pound is moving to the strongest one pretty fast... I dragged my fibonacci from the start of the push, to the top level of the push on 15 minute timeframe... it look like 0.3 zone is holding...it still may come back to the 0.6 or 0.5 zone before making this move... whats your advice on this trade? i entered...
Today i was looking on USD/JPY and i am thinking hmmmm... we have some uptrend, and last week we made great double top pattern and i took that trade... today i am seeing probably head and shoulders forming... if this pair makes head and shoulders, i take little trade on the way from right shoulder and then i will be looking for some double bottom forming as i can...
Will we see 350 pip drop? I am going to hop in this trade, because i see resistance to previous support on 4H and 1h timeframe, lets see, 40 pip sl for 360pip gain
Its not the tip of trade you should just take... Its only my idea, price levels and support looks good, If price hits sl, it can happen and I will be looking for new oportunities, if not, its good Risk to Reward ration trade :)