AUDUSD TP 2 HIT! +80 PIPSPotential SELL AT MARKET EXECUTION OR SELL STOP AT 0.67100 OR HIGHER
SL: 0.67500 OR HIGHER (40 pips or more)
TP 1: 0.66700 (40 pips) 1:1RR
TP 2: 0.66300 (80 pips) 1:2RR
- Candles crossing below 200 EMA and the structure has been broken on the downside. Bearish condition met.
- MOM facing down. Bearish condition met.
- STOCH facing down and below 0. Bearish conditions met.
Result:
ALL TPs HIT
M-oscillator
AUDUSD Bearish Move Explained +80 PIPSAUDUSD actually did rapidly sell after the rate announcement at 12:30 AM EST.
It is already below the 200 EMA and has just broken structure on the downside by crossing below the 50 EMA.
- MOM looks like it is on the 0 line but it is actually negative which for me is a bearish confirmation.
-STOCH is below 50, facing down and the orange line is above the blue. These are also bearish confirmations for me.
ORIGINAL IDEA:
Potential sell at Market Execution or Sell limit at 0.67150.
SL: 0.67550 (-40 PIPS)
TP 1: 0.66750 (+40 PIPS)
TP 2: 0.66550 (+60 PIPS)
TP: 0.66350 (+80 PIPS)
ALL TPs HIT!
NU BEARISHI am thinking that NZDUSD will sell.
- The candles are below both of the EMAs. Bearish conditions are met.
- The MOM is below 0. Bearish conditions are met.
- The STOCH is below 50, facing down and the orange line is above the blue line. Bearish conditions are met.
Potential trade idea. Sell at Market execution or Sell Limit at 0.61500.
SL: 0.62000 (-40 PIPS)
TP 1: 0.61200 (+40 PIPS)
TP 2: 0.61000 (+60 PIPS)
TP 3: 0.60800 (+80 PIPS)
NU BEARISHLooking for sell opportunities because market is bearish on multiple time frames.
- candles below both EMAs
- MOM facing down but not below yet
-STOCH facing down, the orange line is above the blue line but it is not below 50 yet
SELL AT MARKET EXECUTION OR SELL LIMIT AT 0.61200 OR HIGHER
SL: 0.61600 OR HIGHER (40 pips or more)
TP 1: 0.60800 (40 pips) 1:1RR
TP 2: 0.60600 (60 pips) 1:1.5RR
TP 3: 0.60400 (80 pips) 1:2RR
Result:
Pending
PLEASE DO YOUR OWN ANALYSIS AND USE PROPER RISK MANAGEMENT. IF YOU USE MARKET EXECUTION, PLEASE ADJUST YOUR TP AND SL TO YOUR ACTUAL ENTRY!
EU BULLISHLooking for EU to buy at Market execution or Buy Stop at 1.10300 if the price continues to rise.
- The break of Structure is on the upside. Bullish conditions met.
- Candles above both EMAS. Bullish conditions met.
- MOM is above 0. Bullish conditions met.
- STOCH is facing up, above 50 and the blue line is above the orange line. Bullish conditions met.
SL: 1.09900 -40 PIPS
TP 1: 1.10700 +40 PIPS
TP 2: 1.10900 +60 PIPS
GU BEARISHIt looks like GU may continue to sell.
- Candles are below both EMAs. Bearish conditions met.
- MOM is facing down and below 0. Bearish conditions met.
- STOCH is facing down, below 50 and the orange line is above the blue line. Bearish conditions met.
Market Execution or sell limit at 1.26050. +40 PIPS TP 1, - 40 PIPS SL.
Adjust your SL and TP based on your actual entries.
EU BEARISH ON MULTIPLE TIME FRAMESIt looks like EU may continue to sell.
- Candles forming below both EMAS. Bearish conditions met.
- MOM facing down and below 0. Bearish conditions met.
- Stoch facing down, below 50 and the orange line is above the blue line. Bearish conditions met.
Sell At Market Execution Or Sell Stop At 1.09300 Or Lower
Sl: 1.09700 Or Higher (40 Pips)
Tp 1: 1.08900 (40 Pips) 1:1RR
Tp 2: 1.08700 (60 Pips) 1:1.5RR
Tp 3: 1.08500 (80 Pips) 1:2RR
Result:
Pending
Please Do Your Own Analysis And Use Proper Risk Management. If Using Market Execution, Adjust Your Tp And Sl To Your Actual Entry
EJ BULLISHEJ is looking like it will continue on an uptrend.
- Candles are consolidating above both EMAS. Bullish conditions met.
- MOM is facing up but has not crossed above 0 yet. Waiting for this confirmation.
- STOCH is facing up, above 50 and the blue line is above the orange line.
Potential Buy At Market Execution Or Buy Limit At 158.550 Or Lower
SL: 158.200 OR LOWER (40 pips)
TP 1: 158.950 (40 pips) 1:1RR
TP 2: 159.150 (60 pips) 1:1.5RR
TP 3: 159.350 (80 pips) 1:2RR
Result:
Pending
Please Do Your Own Analysis And Use Proper Risk Management. If Using Market Execution, Adjust Your Tp And Sl To Your Actual Entry.
EJ BULLISH MOVE EXPLAINED +60 PIPS Hey Rich Friends,
I set a buy limit for EJ last night and it triggered and hit TP 2.
The key to any strategy is to trade what you see, not what you want. We are retail traders, not market makers, please listen to your indicators.
The main reason why I decided to take a risk on this buy is that although the market was moving sideways, the candles were still consolidating above the EMAs. This is usually a strong bullish confirmation for me.
I did not have a positive MOM, however, all bullish conditions were met on the STOCH so I felt confident to take this trade. TP 3 is pending and may hit or the bullish trend could be over for now and can be a quick short.
- Peace and Profits
GU BULLISH It looks like GU will continue to buy, now that structure was broken on the upside and it has crossed above the 50 EMA. There was also a huge rejection/push-up on the previous candle.
- Candles crossed above the 50 EMA. Waiting for the cross above 200 EMA.
- MOM is facing UP and ABOVE the 0 line.
- STOCH is facing up, above 50 and the blue line is above the orange line.
Buy At Market Execution Or Buy Limit At 1.27200 Or Higher
SL: 1.26800 OR LOWER (40 pips)
TP 1: 1.27600 (40 pips) 1:1RR
TP 2: 1.27800 (60 pips) 1:1.5RR
TP 3: 1.28000 (80 pips) 1:2RR
Result:
Pending
Please Do Your Own Analysis And Use Proper Risk Management. If You Do Market Execution, Please Adjust Your Tp And Sl To Your Actual Entry!
Simple and Profitable Strategy for Beginners | GU +40 PIPSHey Rich Friends,
This trade took a while to develop but better late than never! I used my simple 4-indicator strategy to spot a bullish trend on GU and secure 40 pips. It's simple:
Indicators:
50 EMA (blue)
200 EMA (purple)
Momentum (turn on price line)
Stochastic (turn on price line)
Bullish confirmations:
1. Candles above/crossing up 1 or both EMAS
2. MOM is facing up AND/OR above 0.
3. Stoch is facing up. Stoch is above 50. The blue line is above the orange line. Must have all 3 or wait.
Bearish confirmations:
1. Candles below/crossing down 1 or both EMAS
2. MOM is facing down AND/OR below the dotted 0 line.
3. Stoch is facing down. Stoch is below the dotted 50. The blue line is below the orange line. Must have all 3 or wait.
Try my strategy and see if it helps!
Peace and Profits, Cha
GU BEARISHIt looks like GU will consider to sell.
1. Break of structure on the downside with a strong red candle
2. Candles are below both EMAs.
3. MOM is facing down and below 0.
4. STOCH is facing down, below 50 and the orange line is above the blue line.
I did market execution but also set a Sell Stop at 1.26750.
SL: 1.27150 (-40 PIPS)
TP 1: 1.26350 (+40 PIPS)
TP 2: 1.26150 (+60 PIPS)
TP 3: 1.25950 (+80 PIPS)
Please trade responsibly.
GU BULLISH TREND CONTINUEDHey Rich Friends,
GU is looking like it will continue to be bullish for a few hours - days continuing what it was doing last week. Last week, we were able to secure 40 pips off of a short rally but hopefully, we can get even more this week. Here is what I am looking at:
1. Candles have crossed above the 50 EMA on the 4HR and both EMAS on the 1HR. Bullish confirmations were met.
2. MOM is facing up and above 50. Bullish confirmations were met.
3. STOCH is facing up, above 50 and the blue line is above the orange line. Bullish confirmations were met.
I can see a Buy At Market Execution Or Buy Stop At 1.27500 Or Lower
SL: 1.27100 OR LOWER (40 pips)
TP 1: 1.27900 (40 pips) 1:1RR
TP 2: 1.28100 (60 pips) 1:1.5RR
TP 3: 1.28300 (80 pips) 1:2RR
Please Do Your Own Analysis And Use Proper Risk Management. If You Do Market Execution, Please Adjust Your Tp And Sl To Your Actual Entry!
EURJPY BEARISH Hey Rich Friends,
I am looking at EJ for a potential bearish move since the candles are well below both of the EMAS. This is a bearish confirmation for me.
The MOM indicator is also below 0 confirming a bearish trend and the STOCH is below 0.
Market execution or sell limit at 158.150 or higher is a potential trade idea,
SL: 158.550 OR HIGHER (40 pips)
TP 1: 157.750 (40 pips) 1:1RR
TP 2: 157.550 (60 pips) 1:1.5RR
TP 3: 157.350 (80 pips) 1:2RR
Please Do Your Own Analysis And Use Proper Risk Management. If Using Market Execution, Adjust Your Tp And Sl To Your Actual Entry.
Peace and Profits, Cha
EU BEARISH - SIMPLE EXPLANATIONHey Rich Friends,
It looks like EU will continue to sell. Here is what I am looking at:
- The candles have crossed below both EMAS and have started to consolidate below the 50 EMA,
- The MOM is facing down and below 0.
- The STOCH is facing down, below 50 and the orange line is above the blue line.
- High Impact News on both the EUR and USD the week.
Potential Sell Stop at 1.08000.
SL: Up to you
TP 1: 1.07600 40 pips
TP 2: 1.07200 80 pips
AU BEARISH Hey Rich Friends,
I think AU will continue to sell. Potential Market Execution or Sell Limit.
-The market has continued to reject this area 3 times.
- The MOM is facing down. I am waiting for it to cross below 0.
- The STOCH is facing down, below 50 and the orange line is above the blue line.
I stick to simple indicators and confirmations with this strategy.
50 EMA
200 EMA
MOM
STOCH
- Peace and Profits, Cha
AU BULLISHHey Rich Friends,
It looks like AU will continue to buy. Here is what I am looking at:
- The candles are above the 200 EMA and have crossed above the 50 EMA
- The MOM is facing up and above 0.
- The STOCH is facing up and the blue line is above the orange line. I am waiting for it to cross above 50.
I am looking to buy at Market Execution or set a buy limit at 0.64550. I have set a 1:2RR. SL: 0.64300, TP 1 AT 0.65050.
- Peace and Profits, Cha
Where to Put Your TP and SL | Learn in 10 MinutesHey Rich Friends,
This quick video will explain how I easily find my TP and SL for my Forex Trades. I've noticed how many new traders struggle with this, so hopefully this video will help. Here is what I do:
1 . Identify the overall trend of the market.
It is important to understand that a Selling market will look like a roller coaster going up, have more red candles and it will continue to create Lower Highs and Lower Lows. A Buying market will look like a roller coaster going down, have more green candles, and continue to create Higher Highs and Higher Lows. This is very important.
2 . Collect my confirmations for the potential trade. Here are some questions I ask myself:
- What color is the current candle?
- Are the candles above or below my EMAs?
- Have the EMAs crossed?
- Is my Momentum indicator facing up or down? Is it positive or negative?
- Is my Stochastic facing up or down? Is the Indicator's financial value above 50?
These are the answers you should get:
- Bullish/Buying: Green, Above, Up, Over, Higher, and Positive
- Bearish/Selling: Red, Below, Down, Under, Lower and Negative
3. Enter the market at Market Execution or set a Pending Order.
4. Choose my TP and SL using the Long position tool for buying and the Short position tool for selling.
Buys: Place TP above previous high and SL below the previous low
Sells: Place TP below previous low and SL above the previous high
- Peace and Profits, Cha
Why I Am Looking To Sell EURGBP This WeekHey Rich Friends,
EURGBP might provide some great bearish/selling opportunities this week. Here is what I am looking at:
- Prior rejections in this area (red rectangle)
- Candles below 200 EMA
- 200 EMA preparing to cross 50 EMA on the Weekly time frame
-MOM is negative
- STOCH below 50
- GBP news on Tuesday, Wednesday, and Thursday
Market Execution Or Sell Limit At 0.86000 Or Higher
SL: 0.86400 or Higher (40 PIPS)
TP 1: 0.85600 (40 pips) 1:1RR
TP 2: 0.85400 (60 pips) 1:1.5RR
TP 3: 0.85200 (80 pips) 1:2RR
Result:
Pending
Please Do Your Own Analysis And Use Proper Risk Management. If You Choose Market Execution, Adjust Your Tp And Sl To Your Actual Entry.
- Peace and Profits, Cha
EURUSD BEARISH MOVE EXPLAINEDHey Rich Friends,
I am happy that after hours of consolidation, the EU market did sell just as I had forecasted yesterday. It has been a long and slow week for me trading my usual EUR pairs but the big drop, break of structure, and bearish engulfing candle that happened this morning were exactly what I needed!
In this video, I will review the strategy (indicators and confirmations), that I used to enter this trade and how it went in my favor! I hope this is helpful.
My Strategy
Indicators:
50 EMA (blue)
200 EMA (purple)
Momentum (turn on price line)
Stochastic
Bullish confirmations (Up, Above, Over, Higher):
1. Candles above/crossing up 1 or both EMAS
2. MOM is facing up AND/OR above 0.
3. Stoch is facing up. Stoch is above 50. The blue line is above the orange line. Must have all 3 or wait
Bearish confirmations (Down, Below, Under, Lower):
1. Candles below/crossing down 1 or both EMAS
2. MOM is facing down AND/OR below the dotted 0 line.
3. Stoch is facing down. Stoch is below the dotted 50. The blue line is below the orange line. Must have all 3 or wait
- Peace and Profits, Cha
Why I Think EURUSD Will Continue to SellHey Rich Friends,
I think EU will continue to sell. Here is what I am looking at:
- Candles are below both EMAs. My bearish confirmations are met.
- MOM is facing down and negative. My bearish confirmations are met.
- STOCH facing down, below 50 and the orange line is above the blue line. My bearish confirmations are met.
- The current candle has closed below the 50 EMA.
- Bearish Harami pattern on H4
My Strategy
Indicators:
50 EMA (blue)
200 EMA (purple)
Momentum (turn on price line)
Stochastic
Bullish confirmations (Up, Above, Over, Higher):
1. Candles above/crossing up 1 or both EMAS
2. MOM is facing up AND/OR above 0.
3. Stoch is facing up. Stoch is above 50. The blue line is above the orange line. Must have all 3 or wait
Bearish confirmations (Down, Below, Under, Lower):
1. Candles below/crossing down 1 or both EMAS
2. MOM is facing down AND/OR below the dotted 0 line.
3. Stoch is facing down. Stoch is below the dotted 50. The blue line is below the orange line. Must have all 3 or wait.
I will be Selling At Market Execution and Setting a Sell Limit At 1.07450 Or Higher
SL: 40 PIPS FROM ENTRY
TP 1: 1.07050 (40 pips) 1:1RR
TP 2: 1.06850 (60 pips) 1:1.5RR
TP 3: 1.06650 (80 pips) 1:2RR
Result:
Pending
Please Do Your Own Analysis And Use Proper Risk Management. If Using Market Execution, Adjust Your Tp And Sl To Your Actual Entry