GENM downtrend now from monthly chart. Weekly chart, I can see the price movements have become slow and in a sideway Daily Chart - I think i can have a small investment in the sideway box. To be safe, i put my SL and TP and RR is 1.5:3?
H&S chart pattern is my favorite. I use it as my strategy to determine to price action. Will GOLD to form a Right shoulder now? I will wait until its price reach RIGHT shoulder then decide which way to go. Not to afraid of loss money as long as SL must set properly. My RR always 1:3
Technical Analysis: 1) All MA200 below prices 2) Price breakout RM6.39 and heading to RM7.57 3) If price stand firmed above RM7.57, might MIGHT head to RM9.10 Do I have patient to wait for it? Without chasing the price? We shall see I like to use 3 windows to view it on monthly, weekly and daily. Easier for me to recall what was my strategy for this chart....
Technical Analysis: 1) Price breakout the MA200,and wait for pullback to entry 2) Been consolidation quite some time in weekly chart 3) Guess hit the lower low in yearly chart, time to bounce back? Aim for R&R 1:3
MACD crossing down and candle below MA8 and heading below MA18 Maybe time it is USDJPY correction before FOMC today? Taking profit before the news. I am go for SHORT but also set my SL.
Kerjaya br4akout monthly high, pullback and now retest the high again. Report to be released soon Set my SL and TP according to my risk management Never chase the price, i would rather miss it also dont want to gambling
SPX500 H1 Chart - Form a parallels channel Breakout the channel Get a Fibonacci to set my TP and SL I only do day trade
Consolidation in H4 chart, day of high and low Waiting for the breakout? Worry of miss the chance? I try to do paper trade for this
I do this as intra-day Breakout consolidation box, target 100% as the range. Set your SL properly.
It has been consolidated few days, tried to breakout but failed. Retest it before the news tomorrow. I trade this as intra-day. Never hold it overnight.
Day Trade for HL50 Know Yesterday high & yesterday low wait for its breakout direction then go 15M chart for entry 100% target profit from the yesterday high and low
Sell high, buy low in the consolidation zone Find the previous support or resistance zone as TP or SL
It has been consolidation a month. Failed breakout, and now retest it. TP 105.300 SL set your SL accordingly.
RCECAP - Consolidate since Feb 2024, making higher high all the time, H&S complete at RM1.69 if not drop the price lower than RM1.60. Entry RM1.66, SL RM1.60, Risk 3.6%, TP (Profit 10%) RM1.80. However, RM1.90 can take 80% profit 1st Hope my analysis is correct.
My analysis: 1) Weekly H&S failed to complete 2) Want to retest previous yearly (2019) high 3) Daily chart consolidate more than 5 weeks Manage my risk management, mean my SL. Don't not afraid that my analyst is wrong. Mistake makes perfect.
GOLD has been gone up quite some time. I think now it is a correction or investors wanted to take some profits as well. A SHORT GOLD in H4 for today and close the position tonight. Never put my trade overnight especially GOLD
KMLOONG - breakout yearly high and if revert to breakout price, can entry at 2.52, SL 2.44, TP 2.68 It also breakout previous month high, pullback and continuous trend