This is a 2H time frame set up. I show how this could be worth a shot south or a shot north (subject to your acceptable loss). The estimated probability south is 55% - which leaves 45% for the north. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. Any previous advantageous performance shown in...
All in the set-up... I got in and out of this trade with no fuss. P.s. I got out of NZDCAD at -.50%
Live entry on USD/CAD, I usually trade strict limit orders around the Pivot, but this is cause for an exception.
The USD/CAD is actually a nice long trading opportunity. The trendline is broken and the USD/CAD is on the upper end of the trading range. The moving average is also broken and we have a potential to the first target of around 100 pips.
The EUR/USD reached last week the 50er Fibo Retracement in the area of 1.1160. As the EUR/USD couldn´t close above there was a nice short opportunity with a risk of around 20 Pips. If you missed the short - there will be a second chance again! You could short the pulllback to 1.11 with a stop of around 30 Pips. The first target could be in the area of 1.10...
Congratulations to anyone who entered with me last week, you should've gained around 120+ pips! Also, I mistakenly kept saying minor support at the beginning but meant to say minor resistance. I closed partials and I'm going to be looking for more setups for the rest of this week and next week.
The AUDJPY is in a prime position to hold a higher low and push up to start the squeeze on recent sellers
Was able to catch a pretty nice move on the NQ100 today and called it a day 21 mins after the market open. Relatively happy with the overall performance. Let me know if you have any questions and if there's a specific topic you'd like to have covered on the next video :) Enjoy the video! You can view the broker statements in the link below: www.mql5.com ...
FX:EURUSD - Weekly (Neutral) : At a weekly level where price historically reversed. I can see the price is in a downtrend. - Daily (Bearish) : Inside bar with a bearish engulfing daily candle of yesterday indicating sensitivity at this level - 4hr (Bearish) : Price has broken the trendline and Moving Averages has crossed over - 1hr (Entry) : Structure has...
Hey Guys, I thought I would try out the video feature on Trading View. Excuse the background noise. As the video hasn't been scripted and it's difficult to explain how I frame the markets without spending over an hour going through it in detail, I did my best to convey my outlook on the EURUSD. 1. Larger shorts are still in play and have not yet failed. 2. One...
If only every single trading day was like this one. 15 minutes in and I was able to call it a day. A very nice follow through right as I entered the trade, the market never looked in the opposite direction. The thing I have to improve on is when I'm scaling out to maybe leave the last portion run a little more instead of setting a "hard target". Hope you...
Hey everyone, Today was probably a day that I shouldn't have taken any trades. Seeing as how it's Labour Day across many countries in Europe it seem like it translated onto the FTSE100 as well even though it wasn't a holiday in the UK. Nevertheless, the thesis for the proved to be right was just caught in a choppy market/ Hope you enjoy the video! :) Broker...
SORRY I USE THE WRONG TERM EARLY IN THE VIDEO THIS IS A SELL IN MY BOOK.
US30 Sell 26140 SL 26330 TP 24500 Follow me on instagram @sniper.traders or @jraww562
I'm showing mainly for the benefit of new traders why I've done what I've done. This trade is on both paper and live accounts. Note that I'm not saying I'm gonna win. I aim to lose! I'm simply controlling my loss, and allowing the market to lead me wherever it will, in my favoured probabilistic direction. Trend-following is not for everybody. In fact,...
In the screencast I show how I assess the probability and enter short. As usual, this is not a prediction - as I don't do predictions, targets, signals, or confirmations. I expect price to take me out at my stop-loss and I shall sleep very well tonight! :)) But if price moves in my favoured direction, I shall follow on a more suitable trend time frame to...
Hey guys, going live for 5 minutes every day to go through my charts and potential setups. Feel free to reach out.
This is my 'homework' for the week ahead. I'm stalking - 90%. This is what we do!