Hi traders,
CHFJPY is currently in a downtrend. I wait for the triangle to break to take a short trade.
For this trade I open 3 Positions (3 Targets)
Entry: 108,48 (if triangle breaks)
SL: 108.68 (20 Pips)
TP1: 108.15 (33 Pips)
TP2: 107.75 (73 Pips)
TP3: 107.23 (125 Pips)
Head and shoulders formatio, downtrend and supply zone combined leads me to open a sell trade on AUDJPY.
SL above supply zone,
TP above demand zone
Happy trading :)
Hi traders,
I found an engulfing candlestick pattern confirmation on a supply level. I take a SELL trade on this.
I place a SL just above the high of the confirmation candle.
Entry: 134.244
SL: 135.908
TP: 128.106
On the way to the target are 2 weak demand levels, bur I belive they get broken. I'm giving daily updates on that trade. Stay tuned!
Please always...
Hi traders,
We see a nice head and shoulder pattern building up.
I go long on that one with a nice 3.37 risk reward ratio.
I place my SL under the left shoulder level and my TP on the next supply level (red zone).
Make sure to use proper money management!
Happy trading :)
Hi traders,
I found a supply level that was hit last week. The price was in a little consolidation.
I waited for a confirmation (candle formation) before entering the trade. The confirmation was a 2 bar engulfing pattern / Hanging Man pattern on the D1 Chart.
This post is a little late, as I forgot to upload the idea after I entered the trade.
You can use it as...
Hello traders,
I found a supply level that was hit last week. The price is currently in a consolidation.
I waited for a confirmation (candle formation) before entering the trade. The confirmation was a engulfing candle on the D1 Chart.
Below the indicated supply zone, a demand zone has formed, which now has to be overcome.
Then the way is clear until the...
Hi Traders,
This is a trade I took last week. I am posting it, because my position is stil open and because the price is returning to my entry point. The trade is stil valid for me with the same target.
This trade is bases on the supply zone (red)
My confirmation for the trade was the engulfing pattern on the daily chart.
SL was placed above the high from...
Hello traders,
I found a supply level that was hit last week. The price is currently in a consolidation.
I waited for a confirmation (candle formation) before entering the trade. The confirmation was a engulfing candle on the D1 Chart.
I'm uploading this idea after I actually entered the trade. The SELL trade is still valid. Eventually you can get the same entry...
Hi Traders
After a nice price drop on the H1 chart we are currently in a little price correction. I try to catch a good entry for the trend continuation.
I set my SL based on a supply level.
My TP is based on a demand level.
Any thoughts?
I'm giving updates on that trade. Stay tuned
& happy trading!
Hello Traders,
Check out my 15min analysis. It's based on supply and demand zones.
Please use proper risk and moneymanagement!
I recomend to risk a max. of 2% on capital with each trade.
Trade infos:
Entry: 1.31802
SL: 1.31850 (4.9 Pips)
TP: 1.31417 (38.5 Pips)
Risk/Reward ratio: 7.86
Happy trading
This idea is based on my understanding of order flow.
A significant rally allowed me to define a demand zone where open buy orders are left over (blue zone).
If the price moves down to our demand zone , we can expect a bounce back as there are still open buy orders in the zone that are now triggered.
I am looking for my target at the beginning of the...
Reverse idea on EURCAD
Im trying a long trade on EURCAD. Maybe this reversal workes out well for me.
I am using TP1 and TP2
Always use proper risk and money management!
Happy trading!
This idea is based on my understanding of order flow.
A significant drop allowed me to define a supply zone where open sell orders are left over (red zone). After the drop , the price has recovered in a compression zone (Green zone). The compression zone ensures that in this area, where the price is slowly rising, the buy orders are "eaten up" piece by...
This idea is based on my understanding of order flow.
A significant rally allowed me to define a demand zone where open buy orders are left over (blue zone).
If the price moves down to our demand zone, we can expect a bouncek as there are still open buy orders in the zone that are now triggered.
I am looking for my target on the last supply zone which is...
