Forextradingzones
** AUDUSD ** long trade currently open, lets see how plays out..Evening all, seeing some great results from this weeks strategy forward testing.
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.
BEARS EYEING AUDUSDPRICE HAS PLAYED A NICE HEAD AND SHOULDER FOR US AND LOOKING TO FALL SOME MORE!! USE PROPER RISK MANAGEMENT
USDJPY LONGPrice has been trending in a descending channel. Looking for a reversal from this area. Use proper risk management.
USDCHF Shorts Loading... (LOTS OF CONFLUENCES)We have a clean downtrend structure, clean liquid break of the previous support with super strong bearish candles. Possible retest on the resistance which also falls in line with a super precise trend line retest and 61.8 fibonacci level re-test.
GBPNZDTREND LINE BREAKOUT
BREAKER BLOCK TESTED
LOWER LOW FORMED AND NEW LOWER HIGH RESPECTED
HEAD AND SHOULDER PATTERN FORMING
GBOUSD Breaks trend to target previous highs- Divergence on the MACD
- Break of short to medium downtrend
- Overriding uptrend
- Bearish USD bias
- Bullish GBP bias
Dollar/Yen Long Position | +27.6 pipsLong position on (EURUSD) +27 pips.
Clean and simple trade setup taken earlier today, price formed intra hour support starting at 1.19506 and second bounce at 1.19590, our 3rd bounce happened with our intra hour resistance trend-line meet up, as you can see we have two trend-lines ( Support & Resistance ) red and green blocks have been added to show this better, red (Resistance) and green (Support) our resistance trend-line started at 1.19387 and 2nd bounce at 1.19712 - we then failed to hold below this level and found a break and closure above, our closure above set at 1.19884 and then we corrected back down to re test the support trend-line and previous resistance trend-line that's now new support, we also tapped into the 61.80% fibonacci correction tool, 4+ confirmations, stops were set below the 61.80% at 3 pips and target into previous highs for +27 pips | If you have any questions on this then please comment and I'll reply as soon as I see the Q | I will appreciate a thumbs up :)
NASDAQ IS ABOUT TO MAKE A 50/50 JUMPNasdaq has been stuck in a range. if it breaks resistance 13855.00 it'll push higher to create new highs at 14000.00. whilst on the bearish side if price breaks the counter trend line. it'll head towards the next level of support 13666.00 to 13530.00
GBPUSD SHORTFX:GBPUSD
SELL WITH PB THE ZONE AND SEE SIGNAL BAR AND ENTRY BAR AND SETUP 1RISK/+2REWAR D
gbpaud 4hwe will enter the market when it will come on our way..........always follow your risk management
nzdusd dailywe have a great time to trade on the nzdusd. after the breakout, the strong channel market already tests the bounce zone. so now we can enter the market with our risk management
eurjpy 4heurjpy at the nice zone. but we need to wait for a breakout and retest this level. again it might be a bounce from this level
EUR/CAD - Trade idea EUR has seen strength the past week or so an the CAD has seen weakness, we are seeing consolidation on the lower timeframe so we have set up this buy if price breaks the consolidation to the upside, we will look for exhaustion and entry confirmation for a buy to our next major level of battle between buyers and sellers. we will monitor this one closely as we predict the CAD will gain strength with some countries opening up next week and oil demand said to rise.
GOLD SHORTWith dollar strength, um expecting a major decline on gold. if price breaks the C.T.L it'll retest it for a push downwards. or a lower high will be formed thus expecting a lower low.
GBYJPY Bears still pushing to the downside- Strong momentum
- Previous legs down have been sharp
- Similar corrective move
POTENTIAL SHORT ON EURUSDPRICE COULD POSSIBLY RESPECT THE DESCENDING CHANNEL AND FALL FROM HERE.USE PROPER RISK MANAGEMENT
USDCAD Bearish setup 4hrReasons for trade:
- Price retesting resistance
- Bearish bias
- MACD cross going down
- Moving averages above price - not in order yet
