With the super big down bar on W1 3 weeks before, we now have great signal bar and high Risk/Reward for this trade. Open sell order at anytime with SL above the highest of the last engulfing W1 and TP around 0.627
As the buyers have strong reaction around the significant support and and big bull D1 bar appears. If today is a bull bar, we can clearly have a buy setup with good R:R here. Take your chance and wait it to reach 1.3. SL below the lowest points of last D1 bar.
You can see the strong setup and signal bar here in D1 EURJPY which is clearly good signal bar for me to buy limit. Remember that you should SL below the lowest point of the last D1 bar on Thursday. Target for 121.5 or further. Becareful that all the signal has it own risk and no matter how good it looks, it can be fail as normal, so treat it as any other signal.
Tonight is special night as I see many signal bar of GBPUSD appears on D1 which is pretty strong bars. They all the same methods as one side is in charge then the pullback happens and we wait till the in-charge side tell us that they are back. In this case, I still hold the Sell order on W1 as you can see on related idea and now, another sell setup on D1 which is...
As I normally said, when considering a signal, I will check which side is on the control and whether they take back it. In this case, I took a buy order based on W1 as the Buyers seem to back into the market because of the last W1. Tp at the top of this swing and SL below the lowest point of last W1 bar 10 pips
On the D1 GBPCHF chart, it is clearly on the uptrend which has strong momentum. We only need to wait till the pullback of downward stop and now, with a strong up bar showed up on D1 (Even it is not close yet, today bar will be likely to have decent up body), it is the signal of bigboy said that, they are welcome everybody onboard to share the profit with them. You...
Yesterday, the big D1 down bar of Gold appeared after H4/H1 (and lower timeframe) buyers were feeling super excited about the breakout of the Strong Resistance 1524. I believe that a lot of H1/H4 or even D1 traders bought after that false breakout and get stopped out. However, for me, a Day trader, I only see it as the top of a consolidation (even after it close...
On W1, The EURGBP show a great down bar in the extreme of consolidation. It is clearly a short signal for me because I prefer to sell around upper band and buy around lower band of consolidation. Now you need to wait for the pullback with great R:R. However, you need to be extremely patient to wait for this trade, so consider whether you can hold it for months...
It is clear that the seller is in control of market, but when you can come back to the sell after bull pull back with the good risk/reward? At the strong resistance, CADCHF show a promising sell setup with the signal bar of Friday. Wait for it to pullback to have better risk/rewark.
It seems like AUDCHF is moving in a consolidation on D1. With the good signal buy bar yesterday, we can think about the buy order at anytime from now on with the SL is below 0.685
It seems like AUDCHF is moving in a consolidation on D1. With the good signal buy bar yesterday, we can think about the buy order at anytime from now on with the SL is below 0.685
Long time to comeback trading view as I was too busy with the increasing of investment budget calculation. Now I am coming back with a great signal of NZDCAD on W1. For me, it is not really clear which side is in control of market on W1, however, seems to be buyer already take back control with last W1 bar. It happens around significant support which leads us to...
I do not trade Stock so this is not a signal, just simple share. Some of my friends asked that when we can buy DJI? and I asked them why you think you can buy DJI? Most of the answer is breakout and I see a lot of ppl on Vietnam Forum think it is a breakout already. I don't say it will go down but for me at the moment, no breakout yet. It can go either way. You...
It is not really obviously that which side is in charge of the market for the last few weeks. However, when we take the closer look at D1, it seems like the Seller has take back control with a big down bar. Now our job is waiting for the pullback around 0.951 for the entry with SL above the nearest high on the D1 which is 0.955
Similar to the AUDSGD which I mentioned as related idea, the seller on EURJPY seems to take back the control and we can wait for the pullback to entry. However, be aware that the initial risk/reward is not good as AUDSGD so I do not prefer this one. However, it still is a valid signal bar and could be great profit.
On last Friday, EURCAD shows a big D1 bull bar which is a great signal bar for the buy. With a strong down bars this week, we can expect to buy at 1.4925.
It is easy to see a big reversed bull bar of last week in W1 chart. It is in the right context where the buyer on W1 seems to be stronger than the seller in the last 2 legs. Thus a buy setup here is great signal and you can wait for the pullback to have better risk/reward.
It is about 1 month from my last trade without any good signal, so most of last month, it is time for book. Today I comeback with great short signal of USDCAD. As you can see in the chart, 1 big down bar of W1 is revealed recently and I see it as a great signal for short. Wait patiently for the great pullback to help you increase Risk:Reward.