To wrap up the year I'm going to leave you all with one more idea I have my eyes on. In this situation, we're looking at $MDU. MDU Resources Group is a stock that we have seen consolidate into two different patterns over the course of the last nine years. Both respective patterns have yielded excellent results as both have reached their respective targets. Now...
Hello Traders! We would like to show you a game... While Penguins are on the hunt, you can easily join them as well! Targets are marked on the chart as a crosshair. Penguin - expected direction Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy. Like it if it was helpful to you. We appreciate the...
On the daily time frame it looks like UJ is forming a inverted head and shoulder pattern. If it breaks the grey zone it should continue to push down . If it doesn't break it, it should push back up to finish the head and shoulders pattern. Happy trading !
Im expecting GBP/USD to push down to the 1st blue zone I have marked. If it breaks that blue zone it should continue to fall to the second zone. But If price rejects it at the first blue zone we can expect the price to continue to push back up! Happy trading
As this week of trading is nearing an end, I wanted to share another potential trading setup I've had my eyes on. In this setup we're looking at Intel Corp. Back in late 2014/early 2015 this instrument began consolidating into an ascending triangle (bullish continuation pattern) and sure enough, price broke through the top side of the triangle and continued...
The graph is very very slow but we got that short position. Slowly but profitable!
I have analysed a potential Double Bottom setup on the NZD/USD 1 Hour chart. I have setup a long position which I will take if the market follows the appropriate setup. The trade has a reward of 16.75% and a risk of 3.03%. Risk reward is 1 : 5.5. I am newer to trading and am still learning so would appreciate and feedback on this analysis. Thanks
Gold rejected the daily support level at 1450 and is now slowly moving to the daily channel resistance at 1487. Opportunity to catch some pips on the retracement.
So as i said last week we we tapped the weekly resistance plus price have rejected the weekly 61.8 % retracement level . Yesterday when the market open we saw a gap and price open bearish and tested the previous last week low 3 times and we see price highly rejectded giving us more confirmation for short. Also we see break of structure in the H1 which confirms the...
Hello Traders! This time setup idea with GU :) Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy. Like it if it was helpful to you. We appreciate the likes and comments. Provided feedback helps us with the future service. Got questions? Feel free to PM us! Thank you for your attention, GOD BLESS U ALL!
Hello Traders! This time setup idea with MXN :) Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy. Like it if it was helpful to you. We appreciate the likes and comments. Provided feedback helps us with the future service. Got questions? Feel free to PM us! Thank you for your attention, GOD BLESS U ALL!
Hello Traders! This time setup idea with MXN :) Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy. Like it if it was helpful to you. We appreciate the likes and comments. Provided feedback helps us with the future service. Got questions? Feel free to PM us! Thank you for your attention, GOD BLESS U ALL!
Hello Traders! This time setup idea with MXN :) Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy. Like it if it was helpful to you. We appreciate the likes and comments. Provided feedback helps us with the future service. Got questions? Feel free to PM us! Thank you for your attention, GOD BLESS U ALL!
Hello Traders! This time we have some potencial long term setup on EURGBP :) Penguin - expected direction Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy. Like it if it was helpful to you. We appreciate the likes and comments. Provided feedback helps us with the future service. Got questions? Feel...
Hello Traders! We would like to show you a game... While Penguins are on the hunt, you can easily join them as well! It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs. Targets are marked on the chart as a crosshair. Heart in the box - a place to jump in/out Sign with exclamation mark - places to be aware of a few...
Hypothetical scenario: (1) Entry @ 1.31230 (Buy Limit) (2) Stop Loss @ 1.30800 (43 pips) (3) Target 1 @ 1.31670 (44 pips) - Close 30% - Cut stop by 50% (4) Target 2 @ 1.32500 (127 pips) - Close 80% - Move stop to break-even (5) Target 3 @ 1.33550 (232 pips) - Close 100% Stay tuned for the updates Follow and leave a like if you liked this idea and want to...
4H CHART EXPLANATION: Price has broke the Daily Ascending Channel, and now we are waiting for a retest of the Resistance Zone and then a rejection to confirm the direction. After that, will look for a lower timeframe setup to get involved on this pair. DAILY CHART ANALYSIS: