Let's Play with USDZAR Sell.I am looking forward to seeing a great sell on this pair after making the moves i anticipated and also respecting all my key area . Now it's time to see this fall pretty well to get us our reward . Trade Safe. Your comments will be appreciated . And incase you need to learn , i will be very much available . Have a pipful week people
Learntotrade
USDCAD - 6 to 1 Win vs Risk Trade - LongHello all - DuncanForex here with another trade idea
With USD seeing short term strength on Forex pairs (not metals)
On the 5 minute chart - it has just completed a butterfly pattern and therefore the trade is live
I am looking for a 5 to 1 with a wide stop and 10 to 1 with a tight stop on the 5 minute chart.
On the 4 hour chart - it printed an bullish engulfing candle on the 24th Oct indicating a reversal is imminent.
Thanks for looking a the trade idea.
Find me on YouTube, Twitter and my website.
Safe trading
Duncan
GOLD 15 to 1 Long Trade - will it play out?Hello all DuncanForex here with another trade idea
I am hedging GOLD - I am currently short, however I am looking for it to potentially turn around and head higher as it is now near the dynamic support line (which was resistance) from the previous down trend.
If this does head higher - it could be a fast move.
I will watch accordingly
Find me on Twitter, YouTube and my website
thanks for looking
Safe Trading
Duncan
Draw perfect channelsDraw perfect channels using a quick hack.
1. Draw at least one level connecting two highs or lows that are of importance
2. Press and hold control and click and drag with your mouse
3. Now you're an expert channel drawer :)
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg
DISCLAIMER
All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
LIVE EURNZD Long Position (275 Pip TP) This is my chart analysis behind the EURNZD long position I'm currently in. On the chart, you can see major confluence around the 1.73500 level, which is a key level.
We can see the pair break the support, then retest before continuing to go up. My exact entry was at 1.73547.
Although I don't rely heavily on indicators, all 3 of my indicators (2 MA & 1 EMA) show support right below my entry level.
I expect this pair to move the full 275 pips to my TP level at 1.76250, and possibly even higher than that.
To summarize: I entered this trade because a major resistance level was broken, then retested as support (1.73500). This retest was right after a large move to the upside, so I would consider that to be a "correction" phase, before a continuation to the upside, where I have my TP level. I have already taken partial profits (25% of my lot size) at 1.74500 (100 pips from entry).
I am offering these Chart Analysis' & Signals for FREE in my discord group! discord.gg
No catch, I simply believing that teaching others what you are learning yourself is the best way to learn!
Hope this helped out!
Week 37/52. Trade #1 EURCAD, Perfect ButterflyThis overall needs more downside to me, but for now I like this look of this harmonic. Let it correct and around London session I will look to do something. Entered the other day and I will hold it, I am looking for another position. Current position should yield 320 pips.
GOOD OPPORTUNITY-LONG COVERS-STRONG LEVELWonderful classic setup- hyper growth facing a strong level!
I do not care about the fundamentals. I just know, that facing a good level is a great opportunity for people to cover their longs and take profit.
So, unless we see an instant breakout, and the price stops at the level, people will start covering parts of their positions, and the big buyer will stop being so aggressive, hoping to get more volume at this level!
Basic Technicals! All you need is a chart!
probability of the trade is about 50%, with the risk reward being over 1:3
GOOD OPPORTUNITY!
Bollinger confirms with price actionHow do you know if a reversal is likely to take place on support?
1. The bottom bollinger is pinned on a support level
2. Price action buy signal
This setup is a bit more complex because of the resistive trend line drawn, once that breaks its adios!
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg
Join me in Forex Bootcamp for live updates using the link below.
DISCLAIMER
All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
LITECOIN DOUBLE CONFIRMATION MASSIVE SHORT OPPORTUNITYBOTH head and shoulders AND breakout below a serious level after a descending triangle(as a part of head and shoulders), all signaling a massive short opportunity, after a pullback to the level!
Only a tiny stop needed, while the gains are massive! That is where the beauty of SIMPLE technical analysis is seen!
More indicators=more dust into the eyes! The chart and the power of your mind is ALL you need!