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Forextradingzones

GBPUSD sell is valid 💷💵↘️✅Morning traders After a 50 pip winning trade earlier on this week our script has just alerted us to this sell trade. We all know this pair is well over bought this week but when was the time to enter that sell? When our script tells us too! Trading our script is this simple. No excessive chart time analysing! Simply set the script to your style and trade when alerts present. This can even be automated leaving you to get on with the rest of your day. How can we trade with such confidence in what we do? By the scripts built in strategy tester. We can back test a strategy as we are setting the way we want the script to trade. The pair in question is a great example. I have the scrip set to just over a 1:2 risk reward, ROI is 309% from January 2020. All the data can be found at the foot of this idea, Data is based on £500 starting capital risking 2% per trade. Impressive stats and this gives our traders great confidence to go and enter the markets knowing they are trading with a proven edge. What is the strategy based on ? The strategy is a trend follow strategy and we trade what we see. We have combined 5 individual strategies into one. The trade is only valid when all 5 confluences line up. At this point a trade is presented on the charts. Alerts can be set for these trades and as already mentioned the strategy can be automated if you wish to do so. Also with having an ATR based Stop Loss & Take Profit, you'll know where and how your closing your trade every time - without having to think about it. All of the above is a perfect way to mechanically trade thus removing all subjectivity and doubt that can be associated with trading. This way of trading helps you detach yourself from the fear trading creates. Sticking to the plan with a known proven edge helps control any negative emotions. For information on the methods and strategy in use feel free to drop me a message.
Short
by RichScott
1
Forex Signal and Analysis on GBP/AUDI looked at this yesterday and shared it with the DT Academy students, I decided to share this with you all. After the break-in structure from the upside, liquidity was hunted lower and there is now a break in a market structure that makes it viable to enter the trade once our requirements are met. Since liquidity has been cleared we wait for the price to go up, but we're actually riding it to the upside once it returns back to the 5 minutes order block. That will be a retracement we should take the trade from. The 5 minutes order block on this GBP/AUD is in line with the 79% Fib level so we wait for the price to give us what we want then we're definitely good to go.
by UnknownUnicorn12056239
EURUSD short valid ↘️✅ Hello traders. Our strategy presented this trade a couple of hours ago. A EURGBP trade I covered earlier on has already hit take profit now we are hoping this one can too. We are working the H1 time frame with the strategy set to a risk reward ratio of 1:4. The strategy itself is based on 4 individual strategies all lining up for extra confluence. The 'BUY' or 'SELL' is then indicated on your chart. We simply follow what the strategy presents. The strategy is a follow trend strategy and runs on your TradingView charts and can be used on forex pairs,indices, stocks and crypto. The strategy can also be adapted to run on the charts to suit how you trade. In this instance I am working to the take profit 3 target but I have also included a short position box to represent the values if working to TP1. Working this pair to TP1 target would give you a 51% ROI with a 50.82% win rate. Working this pair to TP3 target would give you a 94% ROI with a win rate of 35% The above stats are based on 1% risk per trade. Data is from January 1st 2020 to know. Pick the style which suits your trading emotions and styles best. How do I know that level data for the method in which I have applied to trade this pair? Well our strategy comes complete with a built in back tester. Settings can be changed in the strategy then instantly back tested to ensure previous performance is on point. Having this data at our finger tips ensures we are clear on our entry and exit points in the market, while sticking to a rigid risk management structure. This frees our minds from any worry and anxiety that trading can cause. We take confidence from knowing that we are trading the markets with a proven EDGE. The strategy tester also logs all the trades you have entered and as traders keeping a journal is crucial to monitor consistency. All the data for the pair in question can be found at the foot of this idea. For more information of the strategy in use feel free to drop me a message.
Short
by RichScott