Looking for bullish continuation on Crude oil. Price breaking out from blue zone with momentum possibly just made the wick low for the day? Entry: Market TP: 86.72 SL:80.60 RR: 4.23 not investment advice!
If all trading days were like this. . . .then my last name would Drunkenmiller! Perfect entry, super RR and almost immediate results. I had marked that zone from last week and was patiently waiting for price to test and reject. Seem to have left some on the table but when you pocket 4R wanting more would just be pure greed.
Looking to buy at market from that support zone. The bullish hammer on the 15 adds to the confluence. Entry: Market TP: 1639 SL: 1613.33 RR: 4.18
Looking for the trendline to hold and shorting this to the blue zone. Entry: Market(0.8743) SL: 0.87619 TP: 0.8707 RR: 2.39 Not investment advice
Looking to play a rotation to the 935 highs. Entry: 902 TP: 935 SL: 890 RR: 2.85
Price came up and knicked me out of the trade costing me 1R.However the zone seems to be holding and I will reenter with 0.6R and put my stop a bit further up. Again FOMC volatility means position sizing should be commensurate with that. Entry: Market SL: 87.20 TP: 82.08 RR: 3.49
Went according to plan. . .Initially risked 1R with a TP at 2.8R then put that to breakeven so my risk was nill and added another 1R with TP at 2.79R. So total profit on this trade= 5.59R risking just 1R. Might have left some on table and we could go all the way to 141 today. . .will see if there is a correction for another entry.
Looking to short Crude oil from that blue zone resistance cluster. Stop above the blue zone, that acts as a buffer. News later so position sizing should reflect that inherent volatility. Entry: Market SL: 86.63 TP: 82.56 RR: 2.8 Not investment advice
Sell Limit! Looking to play the resistance from that blue resistance zone. Price already tested it but looking for a spikes into that zone again and rejection. Targeting the 900 level. Its a correction so position sizing will be small. Entry: 927.71 SL : 939.66 TP : 900.40 RR : 2.29 Not investment advice
So I add to my position here. Price tested the initial entry zone and seems to be failing. Will add here to target same TP as my 1st trade. remember I am already at breakeven so my risk here will just be 1R and yet TP if it pulls through will be 2.79 for the 1st trade and 2.85 for this trade making a total of R5.64....risking just 1R!!!
Taking risk off the table and putting trade to breakeven. That frees up my daily risk to get into another opportunity.
Looking to play a little volatility from CAD inflation numbers. I will only get in if price comes to retest that blue zone rejects it. I'm targeting that 1.3200 level. Entry: 1.3339 SL: 1.3374 TP: 1.3204 RR: 3.82 Personal opinions only not investment advice!
Looking to play the rejection from a Daily Ichi Tenkan zone, this lines up with 2hr SSB as well. Bearish continuation expected. Entry: 143.71 SL: 144.13 TP:142.56 RR: 2.79 Not investment advice!
Roo has been a disappointment from a price perspective since listing north of 380 and now trading at 81. I am looking at a base forming and want to play that base holding to a target of 100. Potential R OF 2.87.
Lookin at another bullish continuation. Ascending triangle taking shape. Will target the neckline resistance for an R of 2.55.
Looking for a bullish continuation from last week's strong weekly candle. A bullish head and shoulders taking shape and targeting 1900 zone. The risk to reward is 2.89 for this one.
We are at a psychological zone and I expect the bulls to come in and defend the zone. Looking to target the next zone at the 2200 zone for a RR of 2.97.
Looking to play the recovery up from the bounce from 2 positions. The 1st target 1090 and 2nd target 1236. Friday's candle had good volume. the proper entry would have been 30 August daily close but better late than never. 1st TP=2.44 2nd TP=4.31