Bbma
GBPJPY - SHORT - HIGH POSSIBILITYDisclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning. Please manage your risk-reward accordingly. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
Regards:
Pips Archery FX
SnD + Trendline + BBMA1) Candle D1 on friday closed showing rejection of demand zone
2) Trendline marked shadow-to-shadow to lower trade risk
3) BBMA showing extreme, where candle and MA closed out of the bollinger band
My strategy
- Wait for price incline to nearest supply zone and wait for rejection in the zone. That is our sell zone with Stop Loss 20-30pips higher than highest supply zone price.
- High probability to test the trendline & wait for rejection.
- if price break the trendline, wait the price to retest and go as reentry.
Usd/Cad swing buy at H4Price bounced from low Bollinger Band with Stochastic and RSI showing an overbought.
Next destination should be to top Bollinger Band on this H4 time frame since Bollinger Bands are constricting which means there will be a high volatility coming soon.
I am quite certain a break on the top Bollinger Band means we could lock our profit or take our first profit target at 1.3048. Otherwise our second profit target will be at 1.3150.
If all goes to plan, 1.3350 at Fibonacci Retracement level 2.168 will our ultimate target.
Just my two cents. Happy pipping :)
EurUsd on a buying mode short-term.Seeing a pullback upwards after going south since the 20th April 2018 with my understanding on BBMA strategy which I am just about getting use to it in a while. The Stochastic and RSI indicates an overbought but I am sticking with a slight pullback going upwards to 1.7775 on the 2.168 Fibonacci Retracement on the 240min chart. Just be careful as I am a counter-trend trader.
A break on the 1.7775 would mean 1.8000 as a possible target. Not a bad 1:3 risk to reward after all.
Dawn late analysis. *yawn*
EURUSD - Kejatuhan BermulaMuhamad Firdaus bin Majid
Yang telah berlaku
- Siapnya proses EXTREME dan MARKET HILANG VOLUME (MHV) yang mengambil masa selama 12 minggu
- Muncul yang CANDLESTICK ARAH KUKUH (CSAK) apabila paras midBB dipecahkan (1.22173) yang menunjukkan perjalanan ke bawah telah bermula pada minggu lepas
Yang mungkin akan berlaku
- akan naik semula ke paras MidBB untuk menyiapkan REENTRY SELL.
- seterusnya terus jatuh ke paras 1.18755
EURUSD - Bermula KejatuhanEURUSD - Kejatuhan Bermula
Oleh Muhamad Firdaus bin Majid CMT
Apa yang telah berlaku:
EURUSD akhirnya menunjukkan bahawa arah untuk beberapa minggu ini, EURUSD sudah bersedia untuk membuat fasa kejatuhan. Setelah 12 minggu berada dalam tren mendatar, akhirnya, EURUSD telah berjaya memecahkan garisan tengah Bollinger Bands. Ini adalah signal jelas yang EURUSD akan turun lagi.
Apa yang dijangka berlaku
EURUSD akan melakukan pullback untuk naik semula ke garisan tengah Bollinger Bands (1.22173). Setelah itu, EURUSD akan jatuh kembali dan dijangkakan menyentuh paras 1.18755.
Apa nak buat?
Short kawasan 1.22173
Stop Loss +- 50 pips
Target 1.18755