Get started

Pulemokhothu

EURUSD 1.21645 + 0.31 % LONG IDEA * PRICE ACTION AND STRUCUTRE Hey everyone Here's a look at the EURO DOLLAR from the 4H chart for perspective and direction on lower time-frames hope everyone is good having a good one, the euro / dollar broke out of the descending channel strucutre pushed down for a retest but saw continuation to the upside as momentum was strong with the bulls, looking for a continuation of this move we are currently trading at resistance level 1.21574 a break above of this structure amongst other factors will be the trigger for the trade. significant moves with the bears change the whole plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
2
EURUSD 1.21664 + 0.31 % LONG IDEA * PRICE ACTION STRUCTURE HEY EVERYONE Here's a look at the EURO DOLLAR from a larger scale or rather higher time-frame for direction and what is the price doing hope everyone is good and the week is treating you well, The pair just broke out of that descending channel that held over the years pushed down for a retest of structure signalling continuation now pushing higher with the bulls looking at this facts and some more its safe to be looking for longs on the pair swing. lets see how it goes AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
1
DAX 14092.7 - 0.11 % * STRUCTURAL IDEA * PRICE ACTIONHEY EVERYONE Here's a look at the DOLLAR INDEX FOR DIRECTION AND OVERVIEW IDEA ON WHAT PRICE IS DOING hope everyone is having a good day now we taking DAX from the monthly streets which has more or less held an ascending channel currently trading at the roof of this structure and will be looking at price to see if this structure breaks or holds before embarking on trades on the index lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
XETR:DAXShort
by PULEMokhothu
1
DAX 14092.7 - 0.11 % * STRUCTURAL IDEA * PRICE ACTIONHEY EVERYONE Here's a look at the DOLLAR INDEX FOR DIRECTION AND OVERVIEW IDEA ON WHAT PRICE IS DOING hope everyone is having a good day now we taking DAX from the monthly streets which has more or less held an ascending channel currently trading at the roof of this structure and will be looking at price to see if this structure breaks or holds before embarking on trades on the index lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
XETR:DAXShort
by PULEMokhothu
USOIL 59.80 - 0.52 % LONG IDEA * PRICE ACTION CONTINUATION PTTNSHEY EVERYONE Here's a look at USOIL from the 4h chart with some emphasis from higher time-frames, hope everyone is having a great one in the markets this week and a good one. looking at USOIL from the monthly & weekly chart the pair just broke out of a descending channel looking for a continuation of this move as the momentum with the bulls is very strong. Coming to the 4H we've been in a beautiful strong uptrend that is not showing any signs of slowing down hitting those impulse and correction moves with the bulls targeting level 66.45 looking for longs in the pair. lets see how it goes AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
TVC:USOILLong
by PULEMokhothu
1
USDCAD 1.26485 =0.12 % SHORT IDEA * PRICE ACTION & CONT PTTNSHEY EVERYONE Hope everyone is having a good week here's a look at the DOLLAR CAD from the 4H chart looking at the impulse move to the downside that is seeing a correction currently perfect opportunity for intra-day traders to take long positions for their day but looking for that reversal to the downside for continuation with the bears watching price at each and every Fibonacci level for candle patterns but the GOLDEN LEVEL is aligning well with the previous structure might be looking for a short position from this level. lets see how it goes AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
3
USDCAD 1.26405 + 0.06 % * STRUCUTRE & DIRECTION IDEA HIGHER TFRMHello everyone Hope everyone is having a good one on the charts this week MORE MONEY LESS GREED, here's a look at USD/CAD from the monthly perspective to determine some the direction ideas in the coming weeks, looking from the monthly char the pair has respected an arc formation which saw a breakout of this structure and a retest pushed down to support level 1.30225 broke down and currently seems to be on a verge of a retest of this level so looking at price and technical aspects seems the pair can push down with the bears for a while so we are net bearish on the DOLLAR CAD & THAT'S MY 2 CENTS ON THE DIRECTION AND PRICE. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
1
AUD USD LONG IDEA * PRICE ACTION SWINGHello everyone Hope you guys had a good week hopefully the markets have been good to everyone which is highly unlikely but hopefully. Here's a look at AUDUSD from the 4H perspective, which saw a breakout of structure the descending channel / bull flag signalling continuation we see a retest of the structure so looking for long entries on the pair targeting resistance level above . PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN as always many stars must align with the plan before executing the trade, kindly follow your rules. AND AS ALWAYS PERFECT OPPORTUNITY FOR INTRA-DAY TRADE EXECUTIONS AT THE ROOF AND BASE OF STRUCTURE WITHIN THE FLAG. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
1
USDZAR 14.706526 -0,1 % LONG IDEA * STRUCTURE & PRICE ACTIONHELLO EVERYONE Hope the market has been good to you this week & hope you are having a great one, here's a look at the DOLLAR /ZAR from the 4H chart looking at price action and structure now the pair is trading at the floor of the descending channel now the RAND has had some great days against the dollar in the past couple of weeks but looking at the descending channel the structure has been respected and act as a correction to an impulse move which signals continuation with the bulls looking for structure to hold on the pair. PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN as always many stars must align with the plan before executing the trade, kindly follow your rules. AND AS ALWAYS PERFECT OPPORTUNITY FOR INTRA-DAY TRADE EXECUTIONS AT THE ROOF AND BASE OF STRUCTURE WITHIN THE FLAG. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
2
USDZAR 14.72176 + 0.1% MONTHLY FORECAST PRICE ACTION & TECHNICLHEY EVERYONE Hope you guys are having a good one the chart are playing along, Here's a look at the DOLLAR / ZAR just a predictive young forcaust looking from a higher time-frame trying to figure the strength of the RAND in the near future when we take a close look we see that the pair is trading in a ascending channel just on a pretty large scale respecting structure aside from that fake out that spiked out of the ascending channel but otherwise the pair has respected structure now the RAND has had massive gains against the DOLLAR due to a number of factors showing strong momentum to the down side. of-cause we would expect some correction in the near future but will we see a break below of the descending channel structure and see the Rand gain some strength targeting the R13.000 MARK Pushing it R12.0000 this year against the dollar, i believe this is highly possible but lets let the market tell its story and only time will tell. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
by PULEMokhothu
3
EURUSD 1.21304 + 0.11 % LONG IDEA * STRUCTURE & PRICE ACTION HEY EVERYONE Hope your day is going well here's an idea on the EURO/ POUND scaling down to the hourly chart for entries and long opportunities on the pair now direction was determined from higher time-frames in the attached idea scaling down we see that the pair is trading in a BULL FLAG signalling possible continuation on the pair looking for a break above of structure on the pair to hold swing hoping for some volatility of cause with PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN as always many stars must align with the plan before executing the trade, kindly follow your rules. AND AS ALWAYS PERFECT OPPORTUNITY FOR INTRA-DAY TRADE EXECUTIONS AT THE ROOF AND BASE OF STRUCTURE WITHIN THE FLAG. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
4
EURUSD 1.21287 + 0.09 % STRUCTURE & PRICE ACTION IDEAHEY EVERYONE Hope you guys are having a great one Here's a look at the EURO / POUND swing wise and from multiple time-frames perspective for the most likely direction and probabilities of seeing a continuation with the BULLS. From the MONTHLY, WEEKLY & DAILY Time-frames we see the pair trading in a bull flag that saw a rejection at the level of support 1.20172 currently seeing a continuation with the BULLS from higher Time-FRAMES the pair is strongly bullish looking for continuation of this move. On the 4H we just broke out of that descending channel pushed down for a retest currently rallying up with the bulls now the is a significant area of resistance on the path with the bulls this is where i will have my alerts and watch what price does at this key area to signal whether continuation is in the cards and look out for entries with the bulls... as always many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
Long
by PULEMokhothu
1
US30 30270 + 0.71 % LONG IDEA * PRICE ACTION & BREAK OUT Hello everyone Here's a look at the DOW JONES INDEX , hope you are having a good one. Now the index rallied with the bulls and we saw a bit of correction as expected with an impulse move, the index ranged within an ascending triangle structure respecting the structure completing the 123 formation which could possibly mean that we may see some volatility return in the index. There are 2 trigger points for this one so its important to watch and monitor price confirm and follow your entry rules should the structure hold will be targeting the Fib retracements 38.2 % and should we see significant moves with the bulls upon break out will be targeting Fib EXT'S many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
U
by PULEMokhothu
US100 12427.0 + 0.44% LONG IDEA * CONTINUATION PTTNS Hello everyone Here's a look at NASDAQ from the 4H chart looking for continuation patterns on the index as we just saw an impulse move and correction now showing momentum shift with the bulls possibly signalling continuation to the upside, a break above resistance level 12427.2 and price action will trigger the trade significant moves with the bears change the whole idea. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
ULong
by PULEMokhothu
2
USDZAR 14.842247 - 0.2% SHORT IDEA * BREAKOUT & CONTINUATIONHello everyone Here's a look at the DOLLAR / ZAR from the 4H chart, hope you are good have a splendid week. Can we continue to see ZAR gain strength against the DOLLAR in the coming weeks highly possible now we have a significant support level 14.16190 looking for a break of this level targeting FIB EXT -61.8 so on this one looking for continuation with the bears even if structure holds and we see a retest of the roof of the descending channel unless we start to see momentum shift and a break above of the structure looking for moves with the bears. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
Short
by PULEMokhothu
USDCAD 1.273834 + 0.33% SHORT IDEA * PRICE ACTION & CONTINUATIONHey everyone Here's a look at the DOLLAR / CAD from the 4H chart, hope you guys are good and having a good one, the pair has been trading inside a bear flag / descending channel possibly signalling continuation with the bears, we saw a break above of this structure but seems it was a false breakout as we see structure hold and looking for continuation with the bears targeting both my FIB EXT'S. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
Short
by PULEMokhothu
AUDUSD 0.75714 + 0.19% LONG IDEA * CONTINUATION PATTERNS Hey everyone A look at the AUD/ DOLLAR pair from the 4H chart but direction already established from the M,W & D charts and the pair is strongly BULLISH so looking for long entries on the pair that has been range bound in the ascending triangle structure looking for a break above at the trigger point where by price action will be monitored and the trade executed, break below of the structure changes the trading plan unless the base of the structure holds lets how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
Long
by PULEMokhothu
1
EURGBP 0.90262 +0.02 % SHORT IDEA * BREAKOUT & PRICE ACTIONHey everyone Here's a look at the EURO / POUND one choppy chart perfect opportunity for aggressive traders and intra-day traders hope everyone is good and you're having yourself a good one, now the EURO / POUND has had some nice volatility coming from all fundamental aspects but the structure was the and the pair was trading in a ascending channel which saw a break and the retest of structure now looking for a continuation of this move, currently trading in a bear flag possibly signalling continuation with the bears,. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
Short
by PULEMokhothu
DXY 90.64 - 0.14 % LONG IDEA * PRICE ACTION & REVERSAL PTTNS Hey everyone Hope you guys are good here's a look at the DOLLAR INDEX from the 4H chart, the index rallied down and failed to break support level 90.459 ranged just above this level currently trading in a more so descending channel now waiting for a breakout of this structure for intra-day set ups perfect to trade the top & bottoms of this structure on lower Time-frames but if you want to hold this one a break out in either direction could be a perfect opportunity to enter the trade once you have confirmed all your rules. Now i will be looking for long entries on this one looking for a retracement to complete the "W" formation before we see some continuation on the index. level 91.75 is the structure just between the 50% FIB & 61.8 % FIB LEVEL which will be the target should we break above. a break below changes the whole trading plan. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
TVC:DXYLong
by PULEMokhothu
WEEK AHEAD IN THE MARKETSTHE ECONOMIC CALENDAR #INVEST.COM Week Ahead All times listed are EST Sunday 18:50: Japan – Tankan Large Non-Manufacturing Index: expected to rise to -6 from -12. Monday 21:00: China – Industrial Production: seen to edge up to 7.0% from 6.9%. Tuesday 2:00: UK – Claimant Count Change: anticipated to soar to 50.0K from -29.8K. Wednesday 2:00: UK – CPI: probably edged down to 0.6% from 0.7%. 3:30: Germany – Manufacturing PMI: forecast to slip to 56.5 from 57.8. 4:30: UK – Manufacturing and Services PMI: seen to edge higher, to 55.9 and 50.5 respectively. 8:30: US – Core Retail Sales: to fall 0.1% from 0.2%. 10:30: US – Crude Oil Inventories: to plummet to 1.424M from 15.189M. 14:00: US – Fed Interest Rate Decision: predicted to remain steady at 0.25%. 19:30: Australia – Employment Change: forecast to plunge to 50.0K from 178.8K Thursday 3:30: Switzerland – SNB Interest Rate Decision: anticipated to stay at -0.75%. 5:00: Eurozone – CPI: to remain flat at -0.3%. 7:00: UK – BoE Interest Rate Decision: expected to hold at 0.10%. 8:30: US – Building Permits: to edge higher to 1.550M from 1.544M. 8:30: US – Initial Jobless Claims: seen to ease to 800K from 853K. 8:30: US – Philadelphia Fed Manufacturing Index: to drop to 19.0 from 26.3. Tentative: Japan – BoJ Interest Rate Decision: expected to hold at -0.10%. Friday 2:00: UK – Retail Sales: anticipated to plunge to -4.2% from 1.2%. 4:00: Germany – Ifo Business Climate Index: seen to edge to 90.5 from 90.7 5:30: Russia – Interest Rate Decision: predicted to keep rates steady at 4.25%. 8:30: Canada – {{ecl-65||Core Retail Sales: seen to rise to 0.3% from 0.1%.
TVC:DXY
by PULEMokhothu
CHFJPY 116.83 - 0.67 % LONG IDEA * PRICE ACTION & CONTINUATIONHello everyone Here's a look at CHF / YEN from the 4H chart, hope your day is going great as we await the market open. Now the pair just had a beautiful impulse move with the bulls ranged in a bull flag possibly signalling continuation of this move broke below of structure as expected with every impulse there has to be a correction and this is where we are now. Now on this one we have two possible trigger areas aligning with structure which could both see a retest before continuation. 1. A strong RESISTANCE LEVEL now SUPPORT 2. Just below the 50% Fibonacci retracement to complete that W formation previously formed to be retested . This are area's to be monitoring price if you will be taking this one swing. TARGETS FIBONACCI EXT'S many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES here's some of my rules if they help. 1. look at structure be it descending channels, pennants and so forth. 2. RSI is overbought/oversold so will be looking for a pull back to structure before continuation. 3. will be looking for entries from 30M , 1H, 2H & 4H time-frames if taking the trade long term. 4. aggressive trades can be executed on the pull back 5. price action must definitely align with the plan.' 6. structure definitely 7. the 20 EMA must be respected as support / see a bounce at this structure 8. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. so i will most like's enter this one in a bit but i hope this idea assists in any way on your trading plan. RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
1
USDTRY 7.85355 - 0.35 % SHORT IDEA * PRICE ACTIONHey everyone Here's a look at the DOLLAR / TURKISH LIRA from the 4h perspective hope you guys are having a good one. The pair has been range bound in a ascending triangle and if we follow the 123 rule we are close to start seeing some rise in momentum on the pair more volatility coming into play not the trigger zone where we'll monitor price is at the 38.2 % Fibonacci retracement level as it saw those previous 1 & 2 touches from there i will be looking for continuation with the bears swing on the pair. should the trade trigger monitor price and place this one in your watch list... many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES here's some of my rules if they help. 1. look at structure be it descending channels, pennants and so forth. 2. RSI is overbought/oversold so will be looking for a pull back to structure before continuation. 3. will be looking for entries from 30M , 1H, 2H & 4H time-frames if taking the trade long term. 4. aggressive trades can be executed on the pull back 5. price action must definitely align with the plan.' 6. structure definitely 7. the 20 EMA must be respected as support / see a bounce at this structure 8. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. so i will most like's enter this one in a bit but i hope this idea assists in any way on your trading plan. RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
2
EURJPY 125.91 - 0.45 % LONG IDEA * PRICE ACTION Hey everyone Here's a look at the EURO / YEN from the 4H time frame and some others. hope you are having a good one. Now the pair has just broken out of a descending channel that has held up and respected structure for a while now to the upside looking for continuation patterns on the pair to see if this is a false break or will we see a clean break. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES here's some of my rules if they help. 1. look at structure be it descending channels, pennants and so forth. 2. RSI is overbought/oversold so will be looking for a pull back to structure before continuation. 3. will be looking for entries from 30M , 1H, 2H & 4H time-frames if taking the trade long term. 4. aggressive trades can be executed on the pull back 5. price action must definitely align with the plan.' 6. structure definitely 7. the 20 EMA must be respected as support / see a bounce at this structure 8. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. so i will most like's enter this one in a bit but i hope this idea assists in any way on your trading plan. RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
1