Long Vivint Solar (VSLR)- Bullish on NYSE:VSLR
- Stock broke above a short-term symmetrical triangle pattern.
- Prices are supported by a rising trend line
- MACD broke above the signal line while MFI is turning up (>50)
- On a weekly chart, the stock is trading within an ascending triangle pattern.
Long-setup
XEM next breakout coming soon TIP I just picked up some XEM due to many reasons, however it is recovered from its last move up. Indicators show a small move down before a continuation upwards.
Green marks entry
Red marks exit
SL 10% from entry
EUR/USDIf the dollar index (DXY) pullbacks at 96.60, and XAU/USD rejects $1320, it is possible to long EUR/USD from 1.12700 into TP-1 @ 1.13600 and if supported by strong fundamentals on the eurozone or deteriorating fundamentals of USD, TP-2 @1.4400. Pullbacks on DXY indicates a weaker dollar therefore strengthening the euro. On the technical side we also see a downtrend emerging with 3 consecutive lows therefore probability of a long is high.
$US OIL - POTENTIAL INVERSE H&SJust the right shoulder left to form.
Will be looking to enter above the break of the neckline.
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The analysis is made based on order flow using Volume Profile + EW
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
USDCAD 6H - longI'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, reliable research shows that only about 20-25% of traders are true trend followers.
$XNG/USD - SIGNAL - BUY / LONGMy details:
Buy Limit @ $4.420
Stop loss @ $4.250 ($0.170 risk)
Target @ 4.805 ($0.385 reward)
Risk:Reward = 1:2.26
Please follow and leave a like if you enjoy what you see want to see more live signals :)
The analysis is made based on order flow using Volume Profile + EW
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
US DOLLAR INDEX - POTENTIAL ROAD MAPExpecting the index to come into the 0.382 - 0.5 fibonacci region before bouncing back higher and retesting the 97.00 mark. The 97 level happens to be a round number so it serves as a psychological level and it is the highest level reached so far this year.
Let's not forget that the Fed's Interest Rate decision is due next week and with another rate hike (3rd for the year) expected to take place, we can expect some additional strength from the USD.
The only aspect weighing negatively towards the currency is its ongoing trade spat with China, but it has the ability to control it. Why? Because so far China has taken a more of a defensive approach waiting for the US to impose new tariffs before retaliating in similar fashion. So if Washington decides to cut back on more and more tariffs we could see its economy grow even more.
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
GBP/CHF - SIGNAL - CLASSIC INVERSE H&SDetails:
Buy Stop Order @ 1.2755
Stop loss @ 1.2587 (168 pips)
Target @ 1.2952 (197 pips)
R/R = 1.17
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
AUD/NZD - MOMENTUM TRADING - BUY SETUPEntry @ 1.0953 (BUY STOP order)
Stop loss @ 1.0933 (20 pips)
Target @ 1.0986 (33 pips)
Risk-Reward = 1.65
Disclaimer:
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Scenario: up or down? Scenario: up or down?
Ethereum didn’t exactly do as we thought it would. We didn't get a clean break of our breakout level, and went down quite violently while bitcoin remained steady. Let’s stick to the charts and see what they tell us to do.
DAILY
First of all, We see the giant downwards channel we’re working on. We’re hanging on to the median line, and we want to see that hold to consider bullish trades
Second, price is moving in an upwards channel. Second, ichimoku indicates that the downward move is consolidating, as all indicators move into equilibrium.
How to treat this? Our setup remains valid, although we don’t think the move to be as strong as we initially expected (as bitcoin pushed through to the max target, ethereum didn't make it past the breakout level). Now if we get a clean break of the breakout level we’ll probably reach the max target around 565 .
Let’s get a better look on the 2HR chart
2HR
There’s a few interesting things going on here. Let’s break it down.
First, look at the breakout of the prior breakout level. We broke out with an enormous hammer, followed by another enormous hammer, and then down. This was not a clean break, and we did not get in here. Traders getting in on conditional orders should be holding through, as our setup has not been invalidated, and are still on our way to our target.
Now when do we get in? As we can see price is above the kumo, and tenkan and kijun are too. One possibility is getting in off a kijun bounce or kumo bounce around the 465 area. Another possibility is getting in on a clean break of the breakout level around 495, which will give us a much higher probability of reaching our target than entering now. Especially as we’re about to touch the kumo on the daily chart, possibly pushing the price further down in stead of up.
If we do head downwards towards invalidation we may set up for a short trade, but more on that when the time comes
So, again, and again, and again, we wait. We know our breakout level, we know our target, and we know our risk. We’ll see where price moves, do as it tells us to do.
Breakout level: 495
Max target: 565
Invalidation 438
We hope you enjoyed this trade, and as always, remember,
Be patient, only time will bring you profit.
p.s. we regularly update our scenario's, follow us and receive to receive those updates!