Tradingstrategyguides

Tradingstrategyguides Updated 

Entry order moved to .73919 Stop loss to .73688 TP set to .74573

Tradingstrategyguides

Another update on this trade idea. We are following these rules of this strategy: Step One : Find the currency pair that is showing a high the last 50 candlesticks . (OR low depending on the trade) Step Two: When we find 50 candle low, it needs to be coupled with RSI reading around 20 or lower. (If it’s a high it needs to be coupled with the RSI reading 80...

Tradingstrategyguides

The AUDCHF is prime for a reversal. The set-up is ready we just need to see a bullish upward movement here to trigger an entry. We have a pending order set at 74.100 The R:R is a 1 Risk to 3 Reward. If this continues downward we will move our pending order. We will keep this trade idea updated.

Tradingstrategyguides

The Traders Decisions at S & R Areas: This is a function of how we are wired as humans. The decisions to buy or to sell are made by analyzing the current price against previous areas which cause an emotional response to traders. They fear of missing out of on opportunity so they either buy or sell at these areas of support or resistance. So the support area...

Tradingstrategyguides

There is a strong reversal occuring on the GBPAUD pair. Follow the simple 5 steps of the strategy. We marked each area of the strategy on the chart as it happened. This strategy is a great way to identify reversal trades on any time frame.

Tradingstrategyguides Updated 

Looks like a great opportunity to short the AUDJPY Pair. This has followed our strategy rules for a strong reversal thus far. Here is where we have our SL, TP, and Entry order placed. SL- 84.177 entry-83.982 TP- 83.407 With this same setup, on the GBPNZD pair, we nailed 148 pips on a strong reversal trade last week.

Tradingstrategyguides Updated 

The Rules of this Trading Strategy Are: Step One: Find the currency pair that is showing a high the last 50 candlesticks . (OR low depending on the trade) Step Two: When we find 50 candle low, it needs to be coupled with RSI reading around 20 or lower. (If it’s a high it needs to be coupled with the RSI reading 80 or higher.) Step Three: Wait for a...

Tradingstrategyguides Updated 

We have a sell stop in place here at 1.86824. All signs are pointing to a reversal if this breaks this trendline and continues to the downside. This may take a few hours to develop to so we will continue to update this idea throughout the day if it triggers.

Tradingstrategyguides

This broke a prior support level. consider going short if you get confirmation that this trend will continue downward

Tradingstrategyguides

GBPUSD going down?

Tradingstrategyguides Updated 

I developed a strategy called the Rabbit Trail Trading Strategy and This USDCHF trade is following it nicely. Hoping to reach my target of +50 pips!

Tradingstrategyguides

USDJPY looks like it may reach these prior resistance points. We will keep monitoring

Tradingstrategyguides

It broke the channel. Wait for a pull back to the upside and then enter this trade short.

Tradingstrategyguides Updated 

If it breaks this line look for a long trade.