Pullbacktrade
S&P500: Daytrading-Plan for Wallstreet-Session!Hey tradomaniacs,
welcome to another free signal!
Important: This is just a plan for the U.S. Session! Plan B is to buy as soon as we get above the Primary Trendline!
The order-type is up to you and your strategy!
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Type: Day-Swingtrade
Sell : 2790,48
Stop-Loss: 2819,64
Target 1: 2760
Target 2: 2738,08
A sell off can easily continue in these uncertain days! Let the profit go!
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
TRADING PULLBACKS WITH KELTNER CHANNELTrading Pullbacks with Keltner Channel
Trading pullbacks successfully can only be done in the presence of a strong trend. Using the Keltner channel indicator we can study how the price behaves around the upper and lower envelopes to gauge the strength of the trend.
As you already learned when the price hugs one of the two bands and crawls along the band, we have a case for a strong trending market.
In the chart below we’ve highlighted small retracements while the price hugs the upper Keltner band. Notice that the price retrace to the area around the 20-EMA. It won’t give you an exact price, but a price zone from where the price can potentially bounce and the bullish trend can resume.
This remains a good way to measure pullbacks in price. Successful trading doesn’t require catching the exact turning point.
For a better timing of our trades we can use the Stochastic RSI indicator in combination with the Keltner indicator for more confluence.
The trade trigger is simply to follow with this Keltner Channel pullback strategy. Pull the trigger when the price retraces to the middle band and the stochastic indicator develops a crossover from an oversold territory.
CAD/JPY: Day-Swingtrade-Setup! Hey tradomaniacs,
welcome to another free signal!
Important: This is a PULLBACK-TRADE - High risk!
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Type: Day-Swing-trade
Buy-Stop: 82,346
Stop-Loss: 81,121
Target 1: 82,858
Target 2: 83,147
Targt 3: 83,304
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Trading pullback in London sessionHere is an example of how I traded a major move in London Open.
I do not like trading fast major moves like these, but try to get in on
the pullback instead - when I think the "bottom is in".
I am by no mean an experienced trader, but this is what I am watching
when trying to "catch a knife" like this...
USD/ZAR: Swing-Setup! READ INSTRUCTIONS! Tripple-Top#ChanceHey tradomaniacs,
welcome to another free signal!
Important: Target 2 is the most likely Profit-Zone!
Instructions:
Plan A: If we see a Kissback use the Sell-Limit!
Plan B: If we don`t retrace, use the SELl-Stop!
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Type: Swingtrade
Sell-Limit: 14.27462 / Plan A
Sell-Stop: 14.11256 / Plan B
Stop-Loss: 14.54292
Target 1: 13.92298
Target 2: 13.75235
Target 3: 14.54642
Targt 3: 116.495
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USD/TRY: Swing-Setup! FAN-Principle and your chance to SELL!#Hey tradomaniacs,
welcome to another free signal!
Important: After the consolidation and the Breakout we still trade against the trend!
Make sure to trade with less risk as possible and don`t get greedy! ;-)
The sell-off or Breakout is caused by the FEDs statement saying they won`t increase
the interest-rate this year anymore and stop the balance sheet reduction until october!
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Type: Swingtrade
Sell-Stop: 5.41453
Stop-Loss: 5.46309
Target 1: 5.35424
Target 2: 5.32466
Targt 3: 5.28447 - 5.27513
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GOLD: Day-Swingtrade! SELL-Opportunity after BREAKOUT!Hey tradomaniacs,
welcome to another free signal!
Important: Remember guys it`s FED-TIME! Volatility incoming!
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Type: Day - Swingtrade
Sell-Limit: 1.303,90
Stop-Loss: 1.307
Target 1: 1.300,92
Target 2: 1.299,42
Targt 3: 1.296,59
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
CAD/SEK: Swing-Setup! A very NICE CHANCE to sell!Hey tradomaniacs,
welcome to another free signal!
Important: We trade a PULLBACK. Aggressive Trademanagement should be considered!
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Type: Swingtrade
Sell-Stop: 6.90
Stop-Loss: 6.9866
Target 1: 6.8118
Target 2: 6.7683
Targt 3: 6.7175
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
EUR/USD: DAYTRADE-OPPORTUNITY - Nice chance to short the EURO!Hey tradomaniacs,
welcome to another free signal!
Important: It is date of expiration for futures and options!
Random volatility is possible! Make sure csonidering to stay out of the market if you are an beginner or got shaky sweaty palms!
ONLY for adcanced traders recommended!
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Type: Daytrade
Sell-Limit: 1.13267
Stop-Loss: 1.13504
Target 1: 1.128
Target 2: 1.2656
Targt 3: 1.12389
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
AUDJPY - Ascending Triangle Breakout One of the pairs that we covered in today's Trading Edge series was the AUDJPY. At the time it was setting up a breakout pattern called an ascending triangle which would give us a projected break to the upside. As I type this the breakout is still in progress, but that doesn't mean that the opportunity to get involved isn't.
There are a few different ways to trade breakout patterns with the 3rd and most conservative way being a pullback into previous structure.
Now I would warn you to be aware of the Bank of Japan Monetary Policy Statement that is coming out tonight during a low liquidity time in the markets. Expected is a dovish tone from the BOJ but if I've learned anything in my time being a trader it's to expect the unexpected.
Your Trading Coach - Akil
EURUSD / H4 / Only 1 Line AnalysisAs you can see on the chart, 1.12950 zone was support for the pair for the last month, now EURUSD is testing that zone after braking it strongly (due to dovish ECB news). If H4 canlde manages to stay below 1.12950 before closing, we could short the pair all the way down to the lows of 1.11800
Good luck :)
USDCAD 4 HOUR PULBACK TRADE WITH A CAUTIOUS APPORACH The $USDCAD or The "Loonie" as it's called has been just that for me this year... Loonie. Due to the vast differences in overall trend direction based on what timeframe you're looking at, I've had a very difficult time getting a read on this pair & making any type of longer-term projection,
With that being said I do have a shorter-term projection on my radar & that would be a pullback into previous structure, followed by a retest of the highs & a potential extension up to the 1.3600's level.
Unfortunately, due to the directness of the most recent move higher, it's difficult for me to determine a quality level for entry which also has the protection that I desire for my stops. Therefore I will be taking a very cautious approach & waiting for the market to provide more confirmation that usually before deciding whether or not to get involved.
It's been a slower year of trading for me thus far only firing off 26 trades (I typically average about 20 per month). BUT that's no reason to become reckless. I've done a good job of sticking to quality trading opportunities only and although my execution numbers are down, everything else is on a good path.
Your Trading Coach - Akil
Looking to short Boeing $BA for a potential $40 (10%) move.After a parabolic move up, then a breather, and another 10 straight weeks of aggressive gains...I am looking to short Boeing on a pull back from the $420's down to the $380 range. Currently trading at $422.
Special tips:
- I cite "Irrational Exuberance" as the reason for this short, however...
- Remember that "the market can remain irrational longer than you can remain solvent".
- In other words, don't bet the family trust on it. A move over $440 can tear the face off of shorts one more time as it did in its last break higher.
GBP/USD: Swing-Setup! High RISK with HIGH PROFIT Chance!Hey tradomaniacs,
welcome to another free signal!
Important: We are trading against a strong impulse. A trade like this should not be traded with high risk!
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Type: Swingtrade
Sell-Stop: 1.31341
Stop-Loss: 1.31853
Target 1: 1.30949
Target 2: 1.30677
Targt 3: 1.30397
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USDCAD outlook USDCAD formed a nice inverted head & shoulder on the D1/4H/1H charts. Most of this year the pair's consolidated between zones. This recent move started near the top of the zone 1.31307 and the impulse ended near the top of the high zone 1.34669, breaking the consolidation. Looking for price to complete a pullback and will look for a long entry. A 50% retracement would be near 1.32999, the top and bottom of the recent zone are line up near the 61.8 (1.33412) and 38.2(1.32654), I'll be looking to entries at these areas which also line up with the neckline of the head & shoulders pattern. Measuring this impulse move is 338.2 pips, taking a trade from either of these levels, I would look for the full measure of the move, this also lines up with the January highs.
Couple points LONG
Trend change: Long set up
200 ema biggest resistance now.
Expecting histogram (MACD) to turn up to continue the trend.
It is currently in pullback mode: the buy zone.