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Patience

How high can Frontken (0128.kl) go?- Frontken has been on an Uptrend for some time. I did write about it months ago (click on the link below). - In the recent chart, we see that the price is trying to break Resistance @ RM1.67. - At the time of writing, we see an LC breaking through this Resistance at its 3rd attempt. - If this is a genuine break, volume must be high and price will then do a pullback just above the Resistance line. - One should not trade based on emotions. Let's wait and see the progress after few days.
MYX:FRONTKNEducation
by mdalifalwi
XAUUSD 2/10/2019Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot. If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH? So SM must BUY LOWER and SELL HIGHER :) We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM. CHARTS AGENDA: SM - SMART MONEY PA - PRICE ACTION BITCOIN SIGN - MONEY POCKET ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS BLUE LINES - ENTRIES WITH SM MARKED LINES - POTENCIAL ENTRY POINT BOX - GAP's GOD BLESS U ALL!
FOREXCOM:XAUUSDShort
by Snipers-Academy
Patience Pays Off: 3-to-1 EURAUD Trade!Hi all, @FollowMyForex here with a new trade signal that just triggered. After patiently waiting for almost exactly a month, we have a new trade setup. That's right, our last trade was exactly 1 month ago! How many people can say that they have the patience and trust in their system to sit out a month of no trades before waiting for the perfect next setup?! We don't say this to brag, but to emphasize how important it is to be aligned with your system and remove any and all emotion from trading. During this month there were thousands of people who lost entire accounts. More people who ended negative, and maybe a few who ended slightly positive. But do you want mediocre results like that just to trade more often? We've long since made that choice - no! We'd rather sit on our hand and wait for an A+ setup rather than take mediocre trades that just end up eating into our year's a profits. We still have all the profits we had a month ago and that is vital to remember! Having waited this long is another thing I love about our trend following system... if the markets aren't trending, we don't get false signals! A lot of pairs are starting to set up right now so it looks like there will be more action in the weeks ahead. Safe trading!
Long
by FollowMyForex
Potential Trend Continuation - Daily Interval - USDJPYHello Success Traders, The currency pair (USDJPY) is manifesting the formation of a "cup and handle" formation. Considering the prevalent uproar (bullish) in PA (Price Action), a probable correction with the next few days, to then a significant spurge into bullish territory to re-contest previous relative highs. (Long Term Bullish, Relative Short). Be Diligent and Stick To Your Trading Plan*** Not Investment Advice. For Educational and Analytical Purposes Only. -LionGate
Long
by LionGate
Potential Bullish Break Out - Daily Interval - AMRHHello Successful Traders, As the time is approaching, for some of us we have been anticipating the announcement of the Earnings Report. Tomorrow at 8:00 A.M. EST, the company will release it's report. Await confirmation prior to entering the market. Resistance Level 2 - (0.40 - 0.50) 10 cent interval Resistance Level 1 - (0.33 - 0.40) 7 cent interval Key Price Zone (KPZ) - (0.25 - 32) 7 cent interval Support Level 1 - (0.20 - 0.25) 5 cent interval Support Level 2 - (0.10 - 0.20) 10 cent interval Furthermore, the company has released a number of promising PRs that can truly assist its revenue stream within the upcoming quarters. Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)*** - LionGate
ALong
by LionGate
1
There are mainly 3 phases in the so called Price ActionThe very same day you learn to read your graphics correctly, you will certainly know it because your Bank Account will always be bigger than before. Your only JUdge will be the merciless Dollar value. Anything else can be considered as illusions. It is very easy to cheat everybody, including ourselves, however we cannot cheat the Filthy Dollar $ value. Here, it seems like if ... WHATEVER YOU WANT TO BELIEVE .... it is here in front of your own eyes. Knowing that there are mainly 3 phases in the so called Price Action, it might help. We seem to be here in the CONSOLIDATION PHASE, then we have the next one where the price moves UP and DOWN cautiously ...(sort of)... Then we wait for the fabulous TRENDING PHASE. . You get on board at the right time and jump out of the wagon at the exact location and you will find yourself in Wonderland. ........................ Good luck.
COINBASE:BCHUSDEducation
by Claudio18
XRP LONG - Winters Algorithm XRP LONG - multiple confluences. first - the use case. XRP is rocking and rolling, and beating to the sound of their own drum. fundamentally, they are one of the most motivating companies across all spaces. positive news is released daily about this particular asset class. technically - many areas to focus on. the liquidity pullback and retest is a clear sign that support is in effect. the slow bear trend has been creating a solid consolidation area to buy from. we have finally retested that previous area - and are looking for a slingshot style candlestick. we all know what happens when you tap on the glass for long enough. it shatters. prepare for turbulence northbound. good luck. these are my personal visions and opinions. make your own. Best, Winters
COINBASE:XRPUSDLong
by WintersCloud
2
BITCOIN:At the edge of the cliffHello dear traders, Let's keep it simple. Summary & trading plan: - We perfectly called for 10450 dollars XBTUSD zone failure to hold, and we saw a strong bearish move as anticipated yesterday in our idea, targeting low 10k. - Bitcoin is now sat on the edge of a Daily Cliff and we can see very low targets if it triggers. Please, read the detailed analysis for further details and targets if the idea is triggered. - Still hedged from >11k4. - Looking for altsbtc setup considering this potential weakness. - For live updates on btc & alts, and for free trades, follow us on twitter. Weekly a/ Market structure: still intact bullish structure, but indecisive at the moment. In the same time, weekly chart is showing us a trendwall that is getting weaker and weaker here . A trendwall is basically a trendline that is drawn based on a point of resistance, and a point of support during an uptrend, that allow us to get an idea of the exact place where price can reverse. Considering it provided support already three times, we now have to consider that the next test is not going to hold, and we are going to break down, each test making the trendwall weaker and weaker. Weekly support to monitor is 8750. b/ RSI: indecisive but can definitely move down for a reset. c/ MACD: Under Bearish Crossover in positive territory. => Consolidation on this TF and a retest of support is possible. Daily a/ Market structure: still intact bullish structure, but indecisive at the moment. Breakout of resistance right before monday close. Tuesday confirmed our idea of a bearish rising wedge that is in play now. Support at 9800, 9500 then a possible swing failure pattern at 9k to run the stops that could make us close to the weekly support at 8750 usd. Chart is here. A close under Monthly Open at 10100 is your trigger for downside continuation . b/ RSI: Indecisive, on support line. A break of the support would confirm our bearish plan and gives strong momentum to the downside. If we have to face a daily downtrend, lower target an be expected and 7800 usd is possible. c/ MACD : Under bearish crossover, and crossed the centerline, so under bearish territory. That's look bad to be honest at the moment, let's see on daily close. 4 hour 4 hour: a/ Market structure: Break of Bullish Market structure because we broke down strongly, breaking the low that created the top. We tagged resistance and got rejected. A close under 10100 is your trigger for downside continuation . Volume is decent and we can expect sellers to step in if we see continuation. Chart is here. b/ RSI: Broke down the trendline. Look like momentum found some support here. c/ MACD : Under bearish crossover and looks like headed to bearish territory. Cheers.
BITMEX:BTCUSD.PShort
by SubvertoTradingClub
USDCHF Buy Limit Swing Trade Idea USDCHF ---------------------------------------------------------------------------------------------------------------- So we have been experiencing a huge downtrend for this pair since weeks. Dollar weakness contributes to this as well as huge uncertainity in the market because of trade war and interest rate cuts around the major economies. I have a huge demand area on the weekly and this is where buyers will come back into the market. the bullish momentum that price faced many months ago started here and so many more buy orders are waiting to be filled here. USDCHF BUY LIMIT @ 0.95913 SL: 40 pips TP: 1.01063 R:R Ratio of 1:10 This should be a very good trade setup Til we meet again all! Shalom ----------------------------------------------------------------------------------------------------------------
Long
by ricky1270
1