Buy-setup
EUR/NZD - BARRIER TRIANGLEThe possibility exists that the pair could take off without forming the E leg of the formation.
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Entries, targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
CAD/JPY - ONE MORE LEG UPPair is giving a nice consolidation, potentially setting up for the next move up which I expect to either take off from the 38.2 or the 61.8
My personal details:
Entry: At Market, Stop: 82.32, Target: 83.85
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
USD/CHF:Bullish setup confirmed! See why and which target levelsHey guys,
As you know I have been bullish on USD/CHF for quite a few weeks now.
Let me show you something interesting.
If you use MP analysis, you can see that the clusters which have the most volumes (the green and red lines) have been successfully tested by the daily candles multiple times. These clusters acted as resistances and are now supports.
The day is not over yet but we have a nice bullish candlestick pattern in place.
I have added to the chart the next resistances the pair will encounter. Once this first resistance is broken I am expecting a breakout of the pair to reach the 0.97 level. This is a projected target from the lows and the highs of the current structure (around 280 pips).
Trade with care guys.
Any comment/like is highly appreciated !
Cheers
Jesse
11 - USDCHF , head and shoulder patternI stop of this trade for 2 times, I see bullish canndle but it retrace near the lows.
In the trade #3 it break outs,
I think it will go up to the next resistant line.
But for fibo retracement, it will TP at 50%, 61.8% for save risk.
8 - UJ : Reversal ? I buy after it Higher low and break out.
Set up.
1. Dow theory
2. SMA20 break out
TP
1. around resistant area
2. Fibo retracement 61.8% of down leg.
USDCHF: Bullish continuation ? Hi guys,
As posted yesterday, I am bullish on this pair.
Here is another CONDITIONAL order. I am looking for a clear break of the fib level which acts as a resistance.
The idea is to buy ABOVE 0.97800.
Feel free to comment/like my ideas!
Cheers
Jesse
RDD: Possible Up MoveIf you haven't noticed, penny coins are the rage right now. As people are trying to make quick money, if you are ahead of the herd, you will be leading them. Made a lot off of DGB, XVG, BURST, and RDD last night. As late comers come in, there will be sellers for them. These guys will dip their coins as they see these coin correct. Then we will buy again at the bottom. As we can see, Redd is giving us a sideway channel. From tip to tip it can be 100% profit if done correctly. We have a possibly 2 more waves to go before a bullish breakout similar to XVG. And before you say it is a shit coin, like how people said about XVG when I made the call on it, please keep an open mind. Those who don't, missed out on Bitcoin, Verge, and more opportunities to come. So real question to you, are you ready? What are your thoughts?
Trade with care.
Pivx: An UpdateI am already in this trade at .00037. I forgot to update this chart when I saw this opportunity. Pivx has broken previous resistance, however, it has a stronger resistance to break. This trade has a big risk, therefore I wouldnt use a big sum of capital on this trade. As long as bitcoin doesnt rally tomorrow, I can see this trade being successful. Along with many other alt coins to rise. What are your thoughts?
Trade with care.
Basic Attention TokenBAT had a small run up this past week. However, it seems like it can't keep up with Bitcoin. Looking for BAT to go lower before it continues going up again. What are your thoughts?
Trade with care.
NEO: Small Buy OpportunityThis market have the same trade setup quite often, but that does not mean it will succeed every time. I just posted one for vertcoin, similar setup as this. Let's see which one turns out as a winner. What are your thoughts?
Trade with care.
XRPUSD: Short term cup handleAfter making new highs in a bullish market, it will be no surprise to see XRP push for higher grounds. This is one of the most bullish setup you can typically find. We saw this recently with Litecoin and Stellar Lumens on my previous posts, I linked it below. What are your thoughts?
Trade with care.
XEM: Two Targets: Follow the ImpulseLook like a great setup for a short term trade. This coin is cheap and will be easily pumped to these resistance area. In this market you typically see this setup everywhere. It is just a matter of waiting. What are your thoughts?
Trade with care.
