Intradaytrade
04.02.2022 GBPUSD London Daybreak trade idea04.02.2022 GBPUSD London Daybreak trade idea
Buy stop @ 1.35924
SL: 1.35624
TP1 : 1.36124 (20 pips)
TP2 : 1.36226 (30 pips)
Sell stop @ 1.35584
SL: 1.35884
TP1 : 1.35384 (20 pips)
TP2 : 1.35278 (30 pips)
Disclaimer: This is just a trade idea.
Trade at your own risk.
Intraday Sells Forecast on GBPNZD Strategy is simple, we have outlined the key levels and we are anticipating for a SELL on the positions marked only if a rejection pinbar forms on the key level signifying sells. Any other type of candle formation like a spinning top or Doji is not acceptable. This is because if a candle like that forms not signifying a clear rejection of that level then most likely the Intraday trade wont take place and the market will just range and be undecided on that day.
//EURUSD Final 4 Sessions of the Week, Avg RR 5.11:1, +7.33R //
Hello All, This ^^ is my Technical breakdown of Eurusd on the 3m Chart
I detail the Final 4 Trading Sessions of the Week and how I earned
+7.33R.
During this time period we had 2 USD Red Folder News Releases.
I review our last release of the week, USD CPI and How I used it
to get the price I wanted and earn +2R (2 Times my Risk)
If you have read this Far , I appreciate it.
We have quite a bit of news during the next week. Jan 31-Feb 4
Cheers to a good trading week and Safe Trading
+2.5% Quick Intraday play on EURNZDHi traders,
THE STATEMENT
Here you have a quick scalp idea on FX:EURNZD , using H1 for directional bias and M10 for execution.
THE PLAY
On H1 time frame, there is a bearish RSI Divergence forming since 14th of January 2022. However despite the RSI Divergence, there is no other confluences indicating a reversal (no Break of Market Structure or Lower Lows and Lower Higs ), meaning: We sit on our hands!
On 18th January 2022, there is a clear Double Top forming (clear rejection between 10h00 and 11h00).
To consider going short, we need the price to create a Lower Low and Lower High . For our trade execution we are looking for an entry on the 10 minute time frame .
Price breaks our level and rejected it as well as EMA 21. Additionally candle closes as an Inverted Hammer .
THE RESULT
+2.5% for a quick intraday play that lasted 4 hours.
Britannia breakout, go longBritannia ha been trading in a parallel channel for some time now it has given a breakout, we can make positions for the upper marked targets.
Buy above - 3575 (wait for a pullback)
Targets mentioned in the chart above
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
EURJPY Intra-day SHORT!EURJPY has been trending up for a while but we can see previous week price broke the recent low which made a higher high which indicated bearish pressure now price has made a pull back to a key resistance level which is also a 1H order block where the bearish momentum shift happened. In today's trading session I will be looking for a short term selling opportunity around 131.36 level.