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Nakedtrading

NZD/JPY, NZD/CAD and GBP/JPY on watch for me today.NZD/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If the flag forms a little higher than in the example to the left I'll use the rayline as a shield by hiding my stop loss above it as illustrated for extra protection. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. NZD/CAD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down impulsively below our lower ascending trend line, then I'll be looking to get short with a reduced risk entry on the break of a subsequent tight flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our upper rayline, then once again regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades.
Short
by StewySongs
2
NZD/JPY, NZD/CAD and GBP/JPY on watch for me today.NZD/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If the flag forms a little higher than in the example to the left I'll use the rayline as a shield by hiding my stop loss above it as illustrated for extra protection. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. NZD/CAD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our upper rayline, then once again regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. GBP/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our upper rayline, then once again regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades.
Short
by StewySongs
2
AUD/CAD - Long i recently took this long on AUD/CAD. i expect to see new daily highs on this pair and a continuation of the overall trend. i took this trade simply because it met my criteria for a nice day trade, meaning we have a clear trend, with higher highs and higher lows. After a 4H high was broken, i waited for the re test along with some good price action before going long. Risk was 1% with a 2:1 reward risk. Simple. for management i will wait for price to rally 50% to my target before waiting to bring stops to break even.
Long
by ProsperousTechnician
NZD/CAD, AUD/NZD, GBP/JPY and EUR/GBP on watch for me today.NZD/CAD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our upper rayline, then once again regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. AUD/NZD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to and ideally just below our lower rayline and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes down impulsively to and ideally just below our lower rayline, then I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking to get long with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. GBP/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above our upper rayline, then once again regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. EUR/GBP: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to give us a confirmed second top and then it pushes back down and then last part of the move is corrective I'll be looking to get long with a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes down impulsively to and ideally just below our lower rayline, then I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking to get long with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades.
by StewySongs
4
NZD/JPY, GBP/JPY, NZD/CAD and AUD/NZD on watch for me today.NZD/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our rayline and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up impulsively to and ideally just above our rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. GBP/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up impulsively to and ideally just above our upper outer structure trend line, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If there's any ambiguity then I will not place any of these trades. NZD/CAD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price gives us our first tight flag, then I'll be looking for a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. AUD/NZD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to and ideally just below our rayline and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes down impulsively to and ideally just below our rayline, then I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking to get long with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades.
by StewySongs
2
GBPCAD for the week aheadThere's a high chance that price might react from 1.73500's psychological level, only to finish its major corrective move and to begin an impulse one, to the downside. Going to the lower timeframes, we can expect to see price giving signs of a reversal, from that key level, breaking previous structure lows. But, before that, price might be manipulative. Therefore, be cautious and patiently wait for price action to develop. Delete 'FOMO', trust the process and your analysis.
Short
by CoutoRodrigues
NZD/JPY, NZD/CAD and GBP/USD on watch for me today.NZD/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price impulses down below our upper trend line and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. NZD/CAD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/USD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to give us a confirmed second bottom and then it pushes up to give us a confirmed second top then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
Short
by StewySongs
CONTINUATION PATTERN IN EURCADHere we have an INTRADAY trade with an ABCDE correction pattern for CONTINUATION. ENTRY: (1.5410 - 20 pips) STOP LOSS: (1.5430 - 20 pips) BE: (1.5390 - 20 pips) 1:1 TP1: (1.5370 - 40 pips) 1:2 TP2: (1.5350 - 60 pips) 1:3 CONFIRMATIONS: 1) The market is in general downtrend (trade with the trend ). 2) ABCDE correction pattern for continuation. 3) 1H resistance at the entry point (reversed the previous 2 times at this level). 4) 50% Fibonacci retracement of the drop. 5) 150 EMA works as resistance. *If the market breaks the TP2, you can extend your take profit target. **We don't have a clear price action sign so enter with 1/2 risk and if the market drop aggressive in smaller timeframes add on the other 1/2 risk.
Short
by MONEYMAKER00
NZD/JPY, NZD/CAD and NZD/USD on watch for me today.NZD/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price impulses down below our upper trend line and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. NZD/CAD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. NZD/USD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price impulses down below our mini upper rayline and the impulse is followed by a tight flag, then I'll be looking for a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
Short
by StewySongs
2
NZD/USD, GBP/JPY and EUR/USD on watch for me today.NZD/USD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing push back down below our lower rayline followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to and ideally just below our lower outer structure trend line and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes down impulsively to and ideally just below our lower outer structure trend line, then I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking to get long with a reduced risk entry on the break of the flag. • If price only pushes down to our ever so slightly descending trendline come rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking to get long with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. EUR/USD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper outer structure trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up impulsively to and ideally just above our upper outer structure trend line, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to our rayline, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking to get short with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
by StewySongs
1
NZD/USD and USD/CAD on watch for me today.NZD/USD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our mini rayline, it then impulses back down and a subsequent tight flag forms, then I'll be looking to get short on the break of the flag so long as all of the flag forms below the lower trend line of our most recent piece of structure. • If price simply drop out of structure impulsively as illustrated, then I'll also look to get short on the break of a subsequent tight so long as all of the flag forms below the start of the correction of our most recent piece of structure. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. USD/CAD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to and ideally just below our rayline, it then impulses back up and a subsequent tight flag forms, then I'll be looking to get long on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades.
by StewySongs
2