According to what I see is when this 1 hour candle closes GREEN, We should see continued uptrend temporarily. Good Luck to Us All
Hard to tell with this chart, & I cant share with you guys the 5min chart that Im looking at...... BUT XBT/USD is STRONGBUY @ 6875$ 5min Candel has confirmed + Other indicators. Im LONG at $6865 region... take profits 50% approx $7000- $7,80 etc. Apr 6 I've recently been testing the B.B. Reversal strategy. On XBTUSD 0.45% using the 5min. candles & So...
I've recently been testing the B.B. Reversal strategy. On XBTUSD using the 5min. candles & So far has proven to be quite profitable...(I just started testing earlier today. Sooooo) Anyways The Rules are simple, Stick to the Rules, Always wait for confirmation candle and MOST Important IS To TAKE PROFITS early. I found it to be a far better strategy IF I...
sorry for the lame post just thought id throw some insight before bed , this is my first post. ETHUSD just had a pretty perfect cup and handle pattern , a buy signal ,a good time to exit any shorts and capture max profit if you have not already , and wait for the next good move( good entry) now note that eth is HEAVILY bearish right now and you shouldnt really be...
I'm going to start with a london open trade. A classic, the 5 min bar break. I'll also look at an 1hour break later on. 5min bar break - once the price moves beyond the range of the london open 5mins by 2 points, trade in that direction for the length of the opening 5 mins. Valid for 1 hour otherwise mmtm is too weak.
FB - Daily Descending Triangle Playing out. Watch for the break of $114.
We have european data coming out at 5 am and american at 8:30 that could twist this us so be sure to be watching in the mean while and maybe take some profits if things tart moving against you, i have those 2 as my trade scenarios red is my stop loss and the green is possible targets reaching to edge of the expanding channel. Short is where most profits can be...
Quick trade, we'll see. Maksimum for 17pips. SL under the EMA
Short when reaches 104.606 If it's going up Long at 104.847 Possibility gonna go down
XA retracement of 0.786 complete with AB projection of 1.272. I have placed risk at XA projection at 1.13 and target AD retracement at 0.382 Note : I am a intraday trader i trade on 5min chart for publishing I placed on 15 min chart
I JUTS GOTTED STOP OUT AT A SMALL LOSS ON THE USDCAD, AFTER ENTERING BULLISH WITH THE PRICE FINDING SUPPORT SEVERAL TIMES AROUND THE 1.3812 AREA, AFTER THE PRICE WENT UP AND BROKE THE UPPER LINE OF A BEARISH CHANEL THE PRICE CAME BACK AND HITTED MY STOP LOSS THAT WAS MOVED A LITTLE MORE THAN THE B.E. LINE. COMMISIONS: (-1.80-1.80)= $-3.60 TRADING PROFIT/LOSS:...
I ENTERED LONG ON THE USD, AFTER THE PRICE MADE A UP SWING 22 PIPS FROM THE LAST LOW, WITH THE PRICE SHOWING SOME SUPPORT AROUND THE 0.50 FIB EXTENSION FROM THE PREVIOUS HIGH, I GOT OUT OF THE TRADE BECAUSE THE STOP WAS TRIGGERED WITH A LITTLE LOSS AFTER THE SPREAD COST, COMISSIONS AND SLIPPAGE CAME OUT. COMISSIONS: (-1.80 -1.80) = $-3.60 PROFIT/LOSS: ...
This is easier seen on the 5min chart. The S&P 500 has put in an Inverse Head & Shoulders Pattern. This is a reversal pattern. Look to buy the Neckline or the Breakout (shown on chart). Look for Targets around Gap fill.
USDJPY Breakout/Breakdown opportunity on either the 5/15 min chart. I will be taking the this trade on the 5 min chart with a BREAK & CLOSE out of Balance Area. Stops & Targets are shown on the chart. Bearish Div RSI.
The market is about to complete a crab pattern, upon completion in the potential reversal zone, the market should retrace back to the 1.618 fib of the BC leg. please like and comment and don,t forget to follow me. Good trading !
***DEMONSTRATION*** Description in picture. Was a down trend, till break of rules, now going up trend. Down trend = Lower Highs, Lower Lows. Up-Trend = Higher Highs, Higher Lows. -- Just like any strategy out there, this can fail of course. But when it does fail you should only be losing -5pips and when you win, you can build up a whole days worth of a...