Hi Everyone, I'm looking to go short on USDJPY, taking advantage of the clear Order Block that has been printed on the last push down. Also there is liquidity to be collected at the top of the recent wicks. Targeting 1:1 Risk:Reward
Hi Everyone, similar idea to the USDJPY, the market is coming back to retest an order block that pushed the market down with high volume. I expect this to bounce off of that level again and I'll be placing a 1:1 Risk to Reward ratio on this pair.
Hi everyone, here's my trading idea on EURUSD, Euro vs US Dollar. I think price is reaching an area where short sellers might have interest to short the market and buyers to take profits. It's also overbought in lower timeframes so in my opinion it needs a retracement at this level. Let me know your thoughts :) Entry, Stop Loss and Take profit are on the...
Hi Everyone, I've just entered sells in EURUSD. It looks like it has minimal power to continue pushing up and/or break previous highs, so my stop loss will go above previous high and targeting a 1:2 Risk Reward here. #EURUSD #Short #TradeIdea
Speculating a little bit here, but I will take a long position for a 1:2 Risk:Reward.
Hi Everyone, GBPUSD is reaching an area of interest for me to enter sells. I believe the entry could be hit with the Interest Rate news coming up in the next 1 hour or so.
I'm looking to enter sells on Gold and take advantage of the volume hitting the market with the US news in 3 minutes.
Hi Everyone, NFP will be released in less than 25 minutes and I think the chart is showing us a good opportunity to place a sell limit @ 1845. Reasons for this trade: Liquidity has been created just below the Order Block. Order Block appears to be intact.
Hi Everyone, I'm taking the risk and placing this 1:2 risk:reward trade to try and speculate the price going back towards 1845 area before continuation down. This is a risky trade as it goes against the trend, however, in my opinion, it's worth a try to make a bit of money on top of our short (Sells) trade.
Hi Everyone, I'm looking to buy (long) USDCHF since it has broken the bearish structure and it is currently trading above the order block created. I'm not rushing to buy it as we have got some news release later today, but I think this could be an awesome Risk:Reward trade. SL should be below structure, around 0.9200 and TP could be above 0.9500 Let me know your...
Hi Everyone, I'm looking to sell #XAUUSD Gold this week and target around 1725 area to take profit. I have marked all the areas of interest with a red line and a likely point of entry in green. What is your thought on Gold movements early in the new year? Let me know! Gaspar_Trader
Hi Everyone, I have just entered a buy position in USDCHF to hold until next order block above on the 1H Timeframe. It does look like a rising wedge, but it has failed to break below recent support & order block around 0.964 area, so I think it needs to visit 0.9700 key level to grab more orders and then it will be ready for the next move. This trade has also the...
Hi Everyone, Quick sells in EURGBP. Market has been showing signs of bearish move and, in my opinion, the price is ready for the next move down. Thanks Gaspar_Trader
Hi Everyone, here is my analysis and explanation on the move you have seen in EURUSD after the CPI news yesterday. #EURUSD #CPI Key indications of a potential bearish (#bearish) move: - Overall market structure is moving down - Market has been creating new lower highs and new lower lows - Market was trading below key levels in the market, which is expected to...
Hi Everyone, I hope you are doing well! To me, AUDJPY has reached a selling zone and is ready to drop. I will enter the trade as long as the price breaks and closes below the recent trend line, which has been pushing the price up. It will give us a 1:2.5 RR, which should be a good trade if it plays out to the plan. Let me know your thoughts! I have used USDJPY...
Hi Traders, This setup got triggered yesterday and went straight into profits. Keep monitoring as we have NFP today and will come with a lot of volatility. If it does show signs of going down, then protect your profits or at least make sure you place Stop Loss at breakeven to protect your equity. Trade smart & Good Luck!
For those of you who aren't in this trade yet, there is an opportunity to enter on the pullback. Pay attention to the 1830 level and if it holds, you can place your buy there. Your stop loss should be placed below most recent low. GOOD LUCK! Gaspar_Trader
Hi Everyone, Just wanted to jump on here and post this idea again as it may help a lot of you. As per my previous post, we are hopefully resuming the bullish impulse on Gold and this setup is valid! We will keep monitoring the movements - trade smart! Use low volume and keep adding along the way to maximise your profits! Also, see the importance of a...