Price is retracing on the 15M timeframe before pushing back up. I'm looking for 50-75 points and only risking 25 points. You can buy nas100 in any area between 15225-15240 and place stop loss at 15210. Stay patient, use good risk management, and let the trade play out. Once this trade gets halfway to take profit I will place stop loss at entry.
This is my trade idea for NASDAQ 100 right now I see price currently making a higher low and I’m just trying to catch the move while the higher low is forming. This higher low can be found on the 4 hour/ Daily time frame. I think this is a good area to buy because of how many confirmations I have one this trade (1) Higher low (2) 3rd trend-line touch (3) 61.8-...
Gold looks so good right now we have a uptrend on gold but price is retracing right now before pushing back up above 2000s. Price is currently in a upwards channel and within this channel it is retracing to the golden zone. I will be entering in at the 61.8% level and the 71% level ( Entry 1 @1975.353 and Entry 2 @ 1972). The only way this trade doesn’t succeed is...
Gold has recently broken out of downtrend and price has fallen back into the golden zone on the fib retracement tool. The fib tool is used to find a good entry point for the next higher lower/lower high in an uptrend/downtrend. Price fell into consolidation at the 1918-1921 area and has broke out for buys. Entered this trade at 1922 and looking to hold to at least...
Looking at bitcoin it currently sits at 41.9k and looking for price to hold above 40k. If price is able to hold we will see bitcoin go back up to 50-58k as that range is where I will be taking profits. If price decided to break below 40k then we can expect it to go back down to the 30k range. Bitcoin is a a vocal point here in the market and ready to see how this...
Waiting on retracement to enter for buys! Recently hit golden zone but I’m waiting for trend-line touch and 71% to enter. I can definitely see GA pushing back up to 1.87
If price can respect this curve then I see price jumping back up to .6817
Looking to buy Gold from 1788-1792 and my take profits are TP1 (1820) TP 2 (1825) TP 3 (1830). If price can hold above 1790 than I LOVE buys all the way up to these take profits! If price break below 1788.5 then I will close out and buy again around the golden zone.
Usdjpy currently in uptrend and making a higher low as I type. Looking to enter now and my tp is about 102 pips with my stop loss being 25 pips!
Looking forward to price creating double bottom here at this support level and lushing back up. Risking 30 pips in order to gain over 160 pips!!!
Approaching downward trendline and 50% fib retracement level! Big sells loading risking 40 pips In order to gain over 300
Approaching a 4hour downward trend line where we have multiple touches. As long as this pair follow suit we should be seeing sells coming up. I’m only risking 10 pips on this trade because if it does break this trend line it will buy heavy
Price approaching daily/weekly trendline for the buy! First entry is at a 4HR pivot level. My stop loss is placed right under trendline because if it does decide to break we are in for a HUGE sell and I don’t want to be holding buys past that point haha.
Approaching daily trendline for the buy
Been waiting on this trade for 2 weeks to fully play out and it is finally approaching my entries! This is a 5 star trade with at least 2 confirmations which is 1. Weekly/Daily trendline 2. 71.6 fib retracement level 3 overall uptrend.
Risking 20 pips in order to gain 40+ pips. I would rate this trade as a 3 star trade. Really has two options here 1) bounce off support and continue going up 2) Break support and start a big sell off