Keeping an eye on this one if price meets fib tests and then bouces, then tests 50EMA i would be willing to risk .5% IF candles are nice
Took this CADJPY last night Didnt want to trade at all due to Trump getting in but thought as long as i stay away from USD id be fine Not the Case Took it as 1/2 % still up 6% in all this month so cant complain, will avoid this mistake in the future
Money made for the day $ so will take this half a percent risk, not entering unless we have heavy bottom candles no trend line which isnt nice but meeting zone, fib and 50 EMA, if rejection shows, ill enter for a 1:1.5 on 1/2% risk
Alot of trades today, so thats me done for the week. NOTE i would not take this if i was down on the account, but this is a risky trade, after todays success ill let it run for a percent, i think if its stopped out, it will hit the trend line outlined, then reject and transition into a bearish pattern, wont be re entering if this is the case ****...
Patience Waited for all 5 outlined indicators.. Brilliant looking candles on 5 and 15 went 2% risk for this one.. FX:AUDUSD
waiting for testing of 5 indicators Bounce off the zone and take it as support Test the big gold zone and bounce Test trend and bounce Test 50 EMA and bounce Heavy Top candle
Entered as per last post.. didnt test 15M but did 5M Backtesting shows 5M in this pair is very respectful when it comes to the 50 EMA.. half a percent risk on a 20K FTMO.. 1:2 so £200 up for grabs Lets see how it goes
I will short if: - Price meets trend line and rejects, shown by heavy bottom or negatively engulfing candles - 50 EMA dips below 200 EMA BEFORE price tests either - EMA is also close to testing on 30 Minute timeframe and price overall is in a bearish market WIll update this idea if i take or not
TOOK this yesterday using three indicators - Rejection of 50 EMA, show by heavy bottom wick - Overall trend on higher time frames show bearish trends - Takes zone, tests and rejects Was quite lucky with the engulfing wick. Posting an idea for todays trade, not sure about taking it but will share anyway
FIB and EMA and TREND showing a sell on this 15 THE CANDLES show great rejeCtion to all three instruments
Back here we go shorting my fav <3 Audcad, 15M ema with Fib correction with an overall downtrend on the higher timeframes ... eat UPDATE - look at them rejection candles rejecting the 50MA oh my gosh
AudCad looking good for asell on the 15, with heavy bottom canldes, a strong zone, fib levels, and a trend line
Gn looking good for a short on the 15, using usual indicators and following trend on the higher timeframes, 1% risk with tp set at previous low
audcad buy on the 15m, using usual indicators such as ema, zone and a heavy top candle, 1 percent risk
I believe US30 will have a a push down, aligning with the current pattern trends, this again is supported by heavy bottom wicks. half a percent risk with a 1:2 R to R.
GBPJPY looking good for buys, with confluences from heavy topn wicks on lower and higher timeframes, along with price resting at a good supply and demand zone, additionally price is at a key fib level, aswell as above the 15M 50EMA, suggesting price will continue up.
Took this sell on audcad on the 1 hour charts, great overall bearing trend combined with Emas, zones, fibs and finally a nice heavy bottom candles. Calling tnis late but I entered at my entry point. 4.6:1. So will hopefully have a nice drop tonight securing 4.6% profits as i risked 1%
AUD CHF looking good for zone nice zone on multiple time frames and rejection candle shows price will go up. risking one percent