gbpaud short positionthere is a confirmed FTR here with a mouth FL, as the price reaction to mouth-FLs have surprised me lately, I believe this setup would be great to take a R:R=3
⚠️ Notice:
I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
FTB
NZDUSDIn this market, I see 2 suitable positions to enter, which I have explained in the chart.
It is better to wait for a suitable entry trigger in the lower time frame (H4 / H1) in the ranges I have specified for entry, then enter the position.
Of course, there is no certainty in any analysis and these signs help us to increase the winning percentage of our transactions.
FTR (fail to return)FTR is an important price action term used to do technical analysis of currency pairs in forex. Simply by its mean, price broke (engulf) an important level but failed to return from that level to supply or demand zone . It is called FTR fail to return.
in ftr pay attention to this terms:
Base in bottom of FTR
Break Major Level
ftr (fail to return)FTR is an important price action term used to do technical analysis of currency pairs in forex. Simply by its mean, price broke (engulf) an important level but failed to return from that level to supply or demand zone. It is called FTR fail to return.
in ftr pay attention to this terms:
Base in bottom of FTR
Break Major Level
FTB FOLLOW THE BEARSMONDAY, not the best day, but its vaild in my world
trail stops in profit after 3 hours, sell stop 1 pip below the signal candlestick, trail stops 5 pips above the last 1h candlestick high after 1 to 1 R/R is smashed
gl
manage risk
be thankful
be more grateful
pray more
love more
be selfless
Trade Ideas Analysis: EURUSD Dbl TopA double top formation rested within Fibonacci Extension 141.4%-161.8%, shorted the market and share exact entry, stops and targets to my subscribers.
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AUDUSD Hourly thoughtsCurrent thoughts on Hourly AUDUSD.
If you have any charts on AUDUSD and if you also trade Supply and Demand in the terms of FTR, FTB etc. then please Message me on tradingview or instagram so we can link up!
Also please let me know if i missed anything out on this pair, there is always more to learn!
Instagram : @ThatYoungTrader
AUDCHF Daily idea for coming week.AUDCHF is in a nice uptrend right now, yet it hit recent highs not too long ago and then made a nice drop back down to demand, Price is going back and forth right now in between a range, both Sell and Buy oppertunitys can easily be grabbed on Lower time frames. AUDCHF could go up and if it breaks the previous highs we can see a significant increase in price. Yet it is also very possible to drop lower from this point, this could also be to grab more liquidity for the upmove.
If you have any charts on AUDCHF and if you also trade Supply and Demand in the terms of FTR, FTB etc. then please Message me on tradingview or instagram so we can link up!
Also please let me know if i missed anything out on this pair, there is always more to learn!
Instagram : @ThatYoungTrader