Protraders
NZDUSD: Possible Continuation? At a critical level Interesting trade opportunity on NZDUSD this pair has been on a bullish momentum for weeks now, and no signs of reversals yet. Watch out for opportunities to join the trend. before you sell, ensure you get a clear sell signal, otherwise you will get burnt.
Trade Review: GBPAUD BatWell, this trade is already in the "Safe House", I've already shifted the stops to entry.
The recent bearish candle(black) has a break and close below the low, which was mention on the previous post(link at the bottom).
If the current candle has another break and close below the trendline and without touching the first target, I might able to plan for a second trade.
Let's see how this trade develop.
Pump and Dump? Perfect Example on the Recent Movement on TESLANASDAQ:TSLA Shows a good example of a pump and dump scenario.
- The actual cause of this is still uncertain.
- Probably big withdrawals from significantly huge investors.
- Or the success of the latest model sales.
- NASDAQ:TSLA already achieved the highest price analysts anticipated for 2020, in less than the first 2 months of the year.
- What should we expect with NASDAQ:TSLA ?
Cheers,
G.
Ts: smartalphatrade
Trade Ideas Educator: USDCAD SharkDid USDCAD offend anyone this year? It seems like all reputable traders/analysts are looking to short this pair.
Well, is a long way down and is always good to look for a shorting opportunity as a counter-trend trade when it retraces back up, it just gives a better Reward: Risk.
Even with a better Reward: Risk, a candle confirmation is necessary to engage this pair.
Trade Ideas Position: AUDCAD 5-0PatternMost traders only have a single target for a 5-0 pattern, I can have up to 2 targets for a trend trading setup.
Trade has already engaged, if you love to receive the levels, complete the registration at the link(3) and I will be happy to add you into our community.
Trade Ideas Position: AUDCAD SharkA bullish shark setup as a countertrend trade. Why do I still enter or only enter at this moment?
Well the pair seems stable down and it gives me lesser stop-loss, and because of this, I have a much better reward: risk.
The second target profit is even better. Amazing trading opportunity, let's see how this rollout.
EURUSD-Weekly Market Analysis-Jan20,Wk2A bullish Gartley pattern has formed up with a bullish engulfing candle, it sure does shows strength in the upward momentum for a longer-term trend trading setup.
I'm waiting for the market to have a check-back before engaging the trade and that will give me a better Reward: Risk.
What's your trade plan?
Comment down below.
MCD Attempting to BottomMCD is struggling to form a short-term bottom at a non-support level. The stock had been under heavy distribution which triggered High Frequency Traders selling short as well as Pro Traders selling short, even while new Retail App Broker Investors were buying into the downtrend. Buy on the Dip strategies are in play, but the large lots overwhelmed the retail small lots. There is no Dark Pool Quiet Accumulation in this bottoming attempt.
Trade Ideas Position: EURJPY BatA bearish Bat setup on the 1-hourly chart and it is also the 4-hourly bullish bat final target, which I called it the harmonic range. As planned I have already shorted the market especially at this moment there is additional support on this.
Target2 is an extended target in this trend trading(daily timeframe) setup and a sideway market for the current setup.
Trade Ideas Educator: AUDCAD SharkThe red lines that cut across the chart is the 4-hourly chart inverted descending triangle, not a typical setup I will trade for a breakout but surely a great reward: risk trading opportunity.
So, if you going to sell, where will be an even better price to engage the trade?
I head into 1 timeframe lower, the 1-hourly chart and spotted a potential bearish shark formation. It surely provides a better reward: risk but if it doesn't happen, I will wait for a break below and close below of the support line(red horizontal line) follow by a retracement to short the market.
What's your trade plan?
Trade Ideas Position: USDJPY GartleyA bearish Gartley set up just a bit shy of being triggered, let's just hope that this trade has not left without me.
I will need confirmation before engaging in this trade as Point C touches A, but when I do, I will stretch the target a bit because over trend of USDJPY is still bearish.