Simple technical analysis. Using M1 and M5 time frame to perfect entry for a tight stop loss. Lets see if this works out. I usually enter using a H1 time frame with a SL of 20 pips or more. This is a new strategy I have implemented into my trading. Let's try and perfect it. Trade safe, cheers.
Small difference in two entries. SELL2 would be safer as the stop loss is covering a messy area that you could get caught up in. The first entry would be slightly aggressive. An impatient trader would enter with that risk so have marked two zones of entry for a different perspective on how I would pick up a trade to minimize my risk. Anyway, lets see how this plays out
Looking at trend line respect on the H1 chart. Looking it to test the trendline and if it respects im holding the buy.
if breakout happens we look for a pull back to get on the buy, if it tests zone and comes down to red box we wait for pullback for a buy
Scalp trade, trading M15 and M5 charts from Top RSI to Bottom RSI following a trend
Looking at RSI and previous Resistance levels to carry out this trade. Looks pretty simple and profitable. Practical level Risk Ratio.
History patterns, if it touches the market low it can shoot up.
Watching simple reverse head and shoulders pattern can go into a buy.
Simple trade, following basic trend lines, support and resistance. 148.00 is a strong resistance zone for GJ so even if it does not drop, the market might go back to the resistance point and we can get on another sell there.
Seen multiple breakouts over the week trying to keep pushing up to 1600 but there is a strong resistance point that could be the cut-off point for gold to start falling.
Got good S/R playing out. Check out my previous trades. A simple S/R strategy can bring you steady and safe income. Simplicity in the markets are important. Don't cloud your judgement with sh*t you don't need. You won't always win but again... who does? LETS EAT!
S/R playing out right. Lets see where the market takes us!
Self-explanatory trade. Elliot-wave pattern, looks easy and wants a fat lot size. let's catch em P's. What do you think about this trade?