Day-trade
Watch for the live CAT bounceThis is a short term trade.
to specify, short term meaning no more than 2 hour trade(Perhaps max) I'm pretty sure we break above the close Tuesdays 152.95. The quicker you are in the morning, the better. Hopefully we get a quick bounce off of 152.70s to launch into 153.50s.
And the final reminder, this trade is no longer than 2 hours. At the very least, trail a stop loss just in case it runs beyond 153.70s.
Lets see how I do on the CAT call(s)
Simple BTC USD 1% per day (compound that for a couple years)Money Flow index is similar to RSI but I feel presents more buying opportunities, however it's hard to use RSI and MFI to decide when to sell reliably - however making 1% profit per day (on average, don't try to force a trade if the RSI and MFI is high, just wait until it is low) can be done with this method and adds up over time.
ZN will get my attention if tomorrow it test the 5.00 levelMight have a potential pop up if it took over the 5.00 level tomorrow
NWL - A quick day trading from $46.70 to $47.80 NWL seems forming a Flag formation in hourly frame. If it act nicely it will hit around $48 which is long term down channel resistance line.
Trade Criteria
Entry Target Criteria- Break of $46.70
Exit Target Criteria- $47.89, $48
Stop Loss Criteria- $
You can check detailed analysis on NWL in the trading room/ Executive summary link here-
www.screencast.com . ( Access only for the subscribers)
Time Span- 53:00"
Trade Status: Pending
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TICK-TICK-BOOMTick-TIck-Boom
Strategy used for "Anti USD" currencies.
If bar closes above the line without touching the line buy, play is good for 100 pips, however, there could be more depending on price action. Sames goes for below the line. If a bar closes below the line without touching, sell.
PLAY CANCELS at the beginning of the day, however play can also continue from previous day, watch charts.
$CTRP red to green long$CTRP recently broke out of resistance, so i'm going to be watching for a possible red to green move right out of the gate tomorrow morning!
NZDUSD LONG 100+ Pips NZD USD overall up trending momentum seeing Bullish signal on support trend line pull back, close to major 1D support area.
Looking at 50 point stop, placed below the low of the previous indecision candle.
Entry - looking for further bullish momentum to break previous candle high @ 0.6803
1.2 risk reward
Intra day tradebreak out confirmed long entry. The spread on this pair is poor but worth a crack. trading these small intra day patterns i use a 5 candle break out rule as shown on the chart.
I'll exit position if in profit on the close of the 5th candle.
if not ill place a profit target and maintain a stop loss.
for a confirmed entry candle must close out side the wedge or channel as shown.