EIGHTCAP:GBPUSD Date setup: 1/21/24 Key things to review: 1)We marketed up on the 4hr time Frame . There is a red trend line that signifies a rock trade for a buy position. 2)Red Upwards trend line line up with a small consolidation box . If it breaks below it is an indicator that the market is a sellers position 3) Follow white path tool : it shoots down...
EurGbp Date 1/21/24 Is it Rock, Papyer or Scissors?? This week we are watching how the pair plays out. We are waiting for strong confirmations to enter a trade. We marked up on the 4hr timeframe for a better overall scope of the market. The red trend line signifies a Rock trade. For this setup to follow through the need the market to break on the upside of the...
Date mark up: December 12, 2023 EIGHTCAP:XAUUSD - Payper Trade Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY. Execute: Clear break and retest from top or bottom of box. Markups to identify in the market this week are; - Trend line (4...
Date mark up: October 22, 2023 CRYPTO:XRPUSD - Payper Trade Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY. Execute: Clear break and retest from top or bottom of box. The week we marked up a mini consolidation(A) within the greater...
Date mark up: October 22, 2023 Scissors Trade Trade setup: Identify a an engulfing candle stick ( Bullish engulfing or Bearish engulfing) on the 4Hr. Then grab your fib and place it from the top of the candle to the bottom of the candle. Next grab a white dotted ray and place it at the 50%. Make sure to delete the fib after identifying the 50% mark. Now we are...
Date mark up: October 22, 2023 EIGHTCAP:XAUUSD The white PATH tool is used to outline a potential market move Scissors Trade Set Up: Trade setup: Identify a an engulfing candle stick ( Bullish engulfing or Bearish engulfing) on the 4Hr. Then grab your fib and place it from the top of the candle to the bottom of the candle. Next grab a white dotted ray and...
Date mark up: October 15, 2023 EIGHTCAP:GBPUSD This week we introduced a new strategy were we classify lower lows in a trend. These are yellow horizontal rays places at each point where the market made a NEW lower low. Meaning it went lower than the previous low; Imagine walking down a staircase, the market is moving the same downwards motion. We placed an...
Date mark up: October 15, 2023 EIGHTCAP:XAUUSD This week we are waiting for an entry at the Yellow line 1902.82 for either a BUY or SELL position. Set an alert on the yellow line to notify you that position may be getting ready to be enter. Both these positions are are displayed using the SHORT and LONG tool in the toolbar. Also set an alert at the most...
Date mark up: October 15, 2023 CRYPTO:XRPUSD Scissors Trade Trade setup: Identify a an engulfing candle stick ( Bullish engulfing or Bearish engulfing) on the 4Hr. Then grab your fib and place it from the top of the candle to the bottom of the candle. Next grab a white dotted ray and place it at the 50%. Make sure to delete the fib after identifying the 50%...
Date mark up: October 9, 2023 Make sure you are able to identify the sky and 50% white line because they are both major areas (place an alert) the market can touch. The market can sell to the next zone where the other 50% line and earth are. Notice that there is a small consolidation in this area and a gap happening. The market has to respect the gap and fill...
Date mark up: October 9, 2023 CRYPTO:XRPUSD Still consolidating from last week - Payper Trade Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY. Execute: Clear break and retest from top or bottom of box. Standard Rules: *Position Type:...
Date mark up: October 9, 2023 EIGHTCAP:GBPUSD Entry: 1.21892 TP: 1.22642 SL: 1.21594 - Payper Trade Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY. Execute: Clear break and retest from top or bottom of box. Standard Rules: *Position...
Date mark up: October 1, 2023 CRYPTO:XRPUSD - Xrp still consolidating 41 days we are waiting for a breakout d retested the NEW earth for a BUY position - Payper Trade Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY. Execute: Clear...
Date mark up: October 1, 2023 This week there is a set up for Rock Trade Before it breaks out to the upside for the rock trade there are 2 strong sky’s and earths identified that can be respected strongly. This opens a position for a potential sell/ buy set up. We must wait for a break and retest ant the sky or the earth and Trade ZONE to ZONE. THE 1HR IS THE...
Date mark up: October 1, 2023 This week there is a set up for Rock Trade Before it breaks out to the upside for the rock trade there are 2 strong earths that can be respected strongly. This opens a position for a potential sell set up. A more technical trader ( Newer Trader) should wait for a CLEAR. Great and retest on the EARTH. THE 1HR IS THE LOOKOUT AND...
Trade Mark up Date: Sept. 24 2023 - Payper Trade Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY. Execute: Clear break and retest from top or bottom of box. Standard Rules *Position Type: Limit orders and Market Execution orders ONLY *...
Trade Mark up Date: Sept. 17 2023 - Payper Trade Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY. Execute: Clear break and retest from top or bottom of box. Standard Rules *Position Type: Limit orders and Market Execution orders ONLY * SET...
Trade Mark Up Date: Sept 17, 2023 - Payper Trade Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY. Execute: Clear break and retest from top or bottom of box. Standard Rules *Position Type: Limit orders and Market Execution orders ONLY * SET...