GBPUSD - will the pair hit 1.3300?Hey traders! Happy Saturday to everyone! Hope you are doing well!
Let's remind our last week especially on GU. Zone 1.3000-1.3025 was very strong for me. My main target was pretty far and price didn't get that region. Anyway we were 2% profit (trailing stop) and I am happy with that. What do we have now? Our main support/resistance region was broken, and correction was already retested it. On the 4H timeframe I also see the inverse H&S pattern and the price is telling me that the uptrend should continue. Anyway when the market will open - we will react! Hope the price will get to 1.3300 region
Community
NZDUSD falling in love for the weekly?Why did I enter?!
Weekly: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent high which near the support zone.
Daily: Price is near the top of the stochastic as well.
4 Hour: Stochastic is at the top of the line as well.
15 min: Stochastic is near top but new lows are being created.
5 min: Stochastic is at the top line but new lows being created.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
EURUSD could be falling in love with the Weekly!
Why did I enter?!
Weekly: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent high which near the support zone.
Daily: Price is near the top of the stochastic as well.
4 Hour: Stochastic is at the top line as well.
15 min: Stochastic is at the bottom going to the top. However, last low was broken.
5 min: Stochastic is at the top line with new lows being created.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
BTCUSD Falling in Love for the Weekly?
Why did I enter?!
Weekly: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent high which near the support zone.
Daily: Price is near the top of the stochastic as well.
4 Hour: Stochastic is at the top line as well.
15 min: Stochastic is at the top line with new highs being created.
5 min: Stochastic is at the top line with new highs being created.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
CHFJPY Falling in love with the Weekly?
Why did I enter?!
Weekly: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent high which near the resistance zone.
Daily: Price is near the top of the stochastic as well.
4 Hour: Stochastic is at the top of line as well.
15 min: Stochastic is at the top line with new lows being created.
5 min: New lows being created!
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
USDCHF Swinging 4 the Fences?
Why did I enter?!
Weekly: Price reached a support zone. Stochastic is at the bottom line. Used Fib to track up to 50% of most recent high which is in the resistance zone.
Daily: Price is near the bottom of the stochastic as well.
4 Hour: Stochastic is at the bottom line as well.
15 min: No new highs just yet but price is as low as it was in August and September.
5 min: Price still testing but stochastic is at the bottom line as well!
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
EURJPY could be falling in love with Weekly!
Why did I enter?!
Weekly: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent low which is in the support zone.
Daily: Price is near the top of the stochastic as well.
4 Hour: Stochastic is at the top line as well.
15 min: New low present with price testing the recent high.
5 min: No new highs are being created.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
CADJPY should fall in love on the Daily!
Why did I enter?!
Daily: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent low which is in the support zone.
4 Hour: Stochastic is at the top line as well.
15 min: New low present with price testing the recent high.
5 min: No new highs are being created.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
Feeling short on spx500Price broke out of the uptrend between March- August. Price just fell out of the resistance zone and I don't see any new highs being created on the 1 hour or 30 min. I feel that price will continue to fall and at least test 50% of the previous low (see September 24th). I drew this up last Friday and entered just now and want to see if it will play out. Not sure how long I will hold but am hopeful for a downtrend soon if high isn't broken!
What do you think?
If you agree, like, follow, comment!
New to trading and want to build and network with like minded individuals!
Feeling short on US30Waiting for price to reach the next resistance to make a decision on whether I should sell or not! My stochastic hasn't reached towards the top of the line which means it's not ready to fall just yet. Previous low was barely broken so I want to see how price moves by the end of the day to see if I have more confidence in shorting this indice! Price actually barely broke the most recent low. However, on smaller time frames there seems to be no new lows created thus far. Once price get towards the top of stochastic on the 4 hr and the 1 hour and the 30 min matches then i will look on the 15 min for entry if im able to catch it correctly!
What do you think? If you agree, go ahead and like or follow!
I'm new to trading and am looking to build and network with this awesome community!
Feeling long for GBPUSDPrice has been on an uptrend from April - August of this year. Price has broken out of the uptrend (temporarily in my opinion) in September and is now testing a support zone. The most recent high was broken on the 1 hour and I am marking up on the 4 hour. I personally feel that price will swing and will reach the highest high of September which was on the 1st. This is still new to me however, I grew my account nicely this month! Still working on waiting the moves out even when in them!
What do you think? If you agree, go ahead and like or follow!
I'm new to trading and am looking to build and network with this awesome community!
Feeling long for NZDJPYI marked this up on Sunday and feel like the move is finally close to being ready! Price is currently in a support zone and since August, it seems like price bounces off to the upside. Price should at least challenge 50% of the most recent high and if lucky, price should literally enter the top resistance box at some point. I try to keep my analysis as simple as possible.
If you agree, go ahead and like or follow!
I'm new to trading and am looking to build and network with this awesome community!
Feeling Long for LTCUSD Yearly TradeWhy did I enter?
Litecoin. I've been thinking about the bigger picture when it comes to cryptocurrencies. Now I don't know much about this compared to bitcoin but I do know down the line countries are considering putting more of an emphasis on these types of currencies. Price is currently in a support zone on the daily time frame and I've seen price reach either of the two resistance zones about 9 times or close to so this is more of a yearly holder and "take profit when comfortable" type of trade. I will do two 0.01's for a long and let this once sit for the year. I want to challenge myself. I'm entering shortly and will let the market have it's way. Be aware that this truly a long term trade. Small lot sizes only if you enter
🏀Tips🏀
*Use proper risk management. Past profits does not guarantee future success!
*Don’t be greedy! Leave at least $10-$15 Free Margin so you won’t get kicked before your trade hits Stop Loss.
*Take advantage of twin trading!
*Trail your stop loss once you get 20 pips on profit!
*Be patient. Your trade will go red and blue. Trust in your markup.
*You won’t win every trade but continue to learn!
Feeling Long for XAUUSD GOLDWhy did I enter?
I personally might’ve entered too early. I’m still learning. But I feel confident that the value of gold will increase with the USD steadily losing its value respectively. On the 4 hour even though the stochastic is still near the top, the most recent high was broken. When I go to the 1 hour, I don’t see any lower lows being created. On the 15 and 30 min price is still testing the support zone with the 5 min being over sold. This indicates to me that price will shoot up sometime within the next few days. My security net is that new highs are being created ever since price broken off the support zone. Enter at ya own risk of course as Gold is still fresh to me. I used two 0.01’s
Feeling Long for EURCAD I'm thinking about the second wave of covid. Cad news is coming out Wednesday and eur has been handling the pandemic great! We just saw eurusd skyrocket between Sunday and this morning so I expect the same to happen even with news coming out. Between august -September price testes either of the resistance zones at least 10 times. the move kind started and I will enter soon. this trade will go red but this will be a nice holder unless we get a surprised with an early move.
🏀Tips🏀
*Use proper risk management. Past profits does not guarantee future success!
*Don’t be greedy! Leave at least $10-$15 Free Margin so you won’t get kicked before your trade hits Stop Loss.
*Take advantage of twin trading!
*Trail your stop loss once you get 20 pips on profit!
*Be patient. Your trade will go red and blue. Trust in your markup.
*You won’t win every trade but continue to learn!
Feeling Short for CHFJPYWhy did I enter?
Price is currently in a resistance zone with a new low which was reached on the 4 hour time frame. On the 1 hour my stochastic rsi is at an “over bought” level. That indicates to me that price will fall soon. How far? Maybe at least 50% of the previous trend! I see two parabolic sars on the 30 min which is on top of my candles along with an “over bought” indication on my rsi for that time frame as well. This will be a swing trade just like EURCAD so don’t let the trade scare you unless it hits your stop loss or mental stop loss if you don’t put in an order. Good luck!
🏀Tips🏀
*Use proper risk management. Past profits does not guarantee future success!
*Don’t be greedy! Leave at least $10-$15 Free Margin so you won’t get kicked before your trade hits Stop Loss.
*Take advantage of twin trading!
*Trail your stop loss once you get 20 pips on profit!
*Be patient. Your trade will go red and blue. Trust in your markup.
*You won’t win every trade but continue to learn!
Feeling Long on CADJPYLooks like price broke out of it's monthly uptrend and is currently testing the tip of the support zone (red lines). I don't think price will break the previous low and will look for an entry on the 5 to 15 min time frame.
Take Profits (orange)
Stop Loss (set at 50 pips)
Feeling Long on USDCAD (finally...)Been tracking this since last week. Lost a couple positions due to early entries and not letting it test the support zone. Price broke out of a monthly downtrend and is now retesting the support zone. Price hasn't broke the most recent low on the 4 hour just yet and I see on the 5 min that there are a few newer highs being created although the 15 min doesn't reflect it yet. I entered on the 5 min time frame and I mean cmon...at some point this has to shoot up and It's in a support zone now so that honestly was enough confirmation for me to re enter. On the 4 hour time frame I also see my bottom two lines are crossing up from underneath the bottom horizontal line which is what made me want to check the smaller time frames for new highs being created!
Take Profits are the orange lines. Keep your Stop loss at 50 pips just to leave room.
Feeling long on LTCUSDI’m not on internet right now so marked this up on my phone. Won’t be as much eye candy chart wise as I usually offer lol
Can’t get as technical but there are higher highs being created. Seems as if price is headed to one of the two resistance zones above. I marked up a bitcoin a few weeks ago before I started publishing and would’ve been a thousanaire if I didn’t get scared and hop out. So I feel like the usd is losing its value and feel also that price test the support zone at some point before continuing the uptrend!
Lmk how yal feel. I’ll have my normal template back by Sunday/Monday.
Feeling Short on AUDUSDPower of 3: Daily, 4 hour, 1 hour
1. Resistance Zone: 0.72670 - 0.71934
- Price rejected this zone October 1st and 5th with the result of price dropping down each time.
2. Stochastic Line Location:
-Above the top line of my Indicator which means price is overbought and looking to fall down soon IMO!
3. Analysis:
- Price has been on an uptrend since March of this year. Price eventually broke out of its upwards trend around September! Once price retested after breaking the uptrend (October 1st) Price then created a new lower low (October 7th). After creating a lower low, price is currently retesting the last high. However, going to the 5 min time frame (keeping the 4 hour information in mind), it looks like the stochastic lines are at the top on the indicator meaning that price is about to break hopefully. Furthermore, the last low on the 5 min was broken as well as price approaches the retest zone on the 4 hour.
"At some point this should fall" Looking to hold this into next week if no move is made by market closure!
Disclaimer:
This is an idea only! Please use proper risk management and use your best judgement. This is not a signal but a setup for sure!
Feel free to comment! Follow! Like! I want to network with the community as this is a nice hobby that I'm aiming to turn into a lifestyle!
Feeling Long on USDCAD 4hr Markup!Power of 3: Daily, 4 hour, 1 hour
1. Support Zone: 1.31234 - 1.29965
- Price is currently testing the zone.
2. Previous low hasn't been broken yet and stochastic rsi line is at the bottom of the stochastic. (bottom blue line)
-This gives me the indication that price is getting ready to shoot up.
3. All I need is a Parabolic Sar at the bottom of one of the next candles to confirm the move!
Disclaimer:
This is an idea only! Please use proper risk management and use your best judgement. This is not a signal but a setup for sure!
Feel free to comment! Follow! Like! I want to network with the community as this is a nice hobby that I'm aiming to turn into a lifestyle!
Feeling Long on Gold 4hr TF Markup!Power of 3: Daily, 4 hour, 1 hour
1. Support Zone: 1871.080 - 1846.109
- Price rejected this zone October 6th.
2. Previous low hasn't been broken yet and stochastic rsi line is at the bottom of the stochastic. (bottom blue line)
-This gives me the indication that price is getting ready to shoot up.
3. All I need is a Parabolic Sar at the bottom of one of the next candles to confirm the move!
Disclaimer:
This is an idea only! Please use proper risk management and use your best judgement. This is not a signal but a setup for sure!
Feel free to comment! Follow! Like! I want to network with the community as this is a nice hobby that I'm aiming to turn into a lifestyle!
Stop Loss: 1870.411 or 18487.293
Take Profits:
1. 1918.628
2. 1940.425
3. 1967.505