Daytrader
XAUUSD PREMARKET ANALYSIS- 5 May, 2021, 1611 CTOVERALL TREND BIAS- BULLISH
Price movement- consolidating in a channel the past couple of days before market closure.
This looks like bullish flag pattern that's forming on the daily TF and multiple wick rejections to the downside signify a strong bullish trend that may push the price higher.
Looking for only buy setups here. and targetting the 1800 and 1815 ranges this week as potential TP levels.
US30 Take Profit Had a very successful trading morning. Hope you'll did as well.
Price kept playing around my asian box before finally giving me the push down I needed.
When I previous marked up my chart it was around 1am est time. So my chart was done pretty early. Based off how the market moved and how late my move took place. I will wait till NY session to trade and to markup a US indice.
also doing some research on best times to trade this type of pair is going to be between the times 9:30am-11:30am. My move finally happened but it happened around 9. So from here on out, I will be marking up a little bit before opening US markets.
Please feel free to leave any advice that will make me a better trader. Thank you
Happy Trading.
** XAUUSD ** gold sell trade currently openHi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
Strategy Report
OverviewPerformance SummaryList of TradesExport
$ 3089.95
3.09 %
Net Profit
22
Total Closed Trades
63.64 %
Percent Profitable
2.199
Profit Factor
$ 2016.48
1.99 %
Max Drawdown
$ 140.45
0.14 %
Avg Trade
13
Avg # Bars in Trades
** EURAUD ** sell trade currently open, will it hit take profit?Hi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
Strategy Report
OverviewPerformance SummaryList of TradesExport
$ 3089.95
3.09 %
Net Profit
22
Total Closed Trades
63.64 %
Percent Profitable
2.199
Profit Factor
$ 2016.48
1.99 %
Max Drawdown
$ 140.45
0.14 %
Avg Trade
13
Avg # Bars in Trades
** AUDCAD ** buy trade currently open lets see how plays out Hi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
Strategy Report
OverviewPerformance SummaryList of TradesExport
$ 3089.95
3.09 %
Net Profit
22
Total Closed Trades
63.64 %
Percent Profitable
2.199
Profit Factor
$ 2016.48
1.99 %
Max Drawdown
$ 140.45
0.14 %
Avg Trade
13
Avg # Bars in Trades
GBPJPY H4 - Short Trade SetupGBPJPY H4
Currently sat around our 152 whole number price, resistance is around 20 pips higher at 152.200, a lower timeframe structure break and retest would be ideal, seen some big extensions amongst most ***YEN pairs...
Even USDJPY is pulling back upside towards resistance, bearing in mind we were dovish off the back of the PC yesterday evening.
** EURCAD ** long trade currently open, lets see hows plays out.Hi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
** EURUSD ** its been a nice month so far for eurusdHi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
** GBPJPY ** long trade currently playing out.Hi all, hope you all had a great weekend and ready for a fresh week on the charts.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
** GBPCHF ** nice run of trades for gbpchf, sell trade open.Hi all, hope you all had a great weekend and ready for a fresh week on the charts.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
** AUDJPY ** currently in drawdown lets see how this plays out Hi all, hope you all had a great weekend and ready for a fresh week on the charts.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
** EURCHF ** SL hit for the short on H1 timeframeHi all, hope you all had a great weekend and ready for a fresh week on the charts.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
** EURCHF ** currently on fire, a nice winning run of trades.Hi all, hope you all had a great weekend and ready for a fresh week on the charts.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
USDCAD Pre-London OpenOverall trend bias-bearish
Short entries on 3 potential scenarios
Scenario 1- Break of support structure-->retest resistance--> short entry
Scenario 2- rejection of resistance level 38.2--> short entry
Scenario 3- break of 38.2-->retest--> rejection from 23.6--> short entry
What do you think?
GBPUSD Pre-London Open AnalysisOverall trend bias-bullish
Looking for long entries for this one
Scenario 1- break-->retest-->long entry
Scenario 2- rejection from support--> long entry
Scenario 3- Break-->retest of resistance--> rejection from lower support level-->long entry
Scenario 4- (unlikely scenario) but looking for a long entry from lowest support level rejection
What do you think?
GBPUSD OPEN MARKET ANALYSISOVERALL TREND- PRICE HAS BOUNCED OFF A MAJOR STRUCTURE LEVEL ON THE DAILY TF, AND CURRENTLY BULLISH ON THE 4H AND 1H TF.
Looking for potential long opportunities based on where it decides to take us.
Scenario 1 looks bearish and price is looking into moving down and breaking our 50% level retesting and bouncing off our 61.8% level where we can look for a long opportunities there.
Scenario 2 is the same and price may look to hold our 50% and bounce into higher highs presenting another long setup.
Scenario 3 also presents us with a strong 38/2% level that held as resistance and was previously broken. Similarly we can look for long positions from here.
Last bonus scenario, price could just disregard these 3 altogether and proceed to make lower lows, into our key 78.6%.
Either the case a long position is inevitable.
What do you think?
AUDUSD OPEN MARKET ANALYSISOVERALL TREND- PRICE IS CURRENTLY AT CONSOLIDATION ON THE DAILY TF (OF AN OVERALL UPTREND), TRENDING BEARISH ON THE 4H AND 1H.
WE HAVE 3 OPTIONS TO TAKE FROM HERE.
Based on our Fib levels, scenario 1 would present a short where price may look to get down to our 50%, break below, retest and proceed down into our 23.6%.
Scenario 2, price can bounce back up from our 50% to create higher highs and give us long opportunities.
Scenario 3, price can push back above our 61.8%, where we can take a possible long position into higher highs.
Leaning more towards scenario 1 and 2.
What do you think?