Rangebar
Would you long EURUSD?Would you long EURUSD? And why?
The Range Bar chart is my personal preference for intra-day trading. It provides the expected volume per bar, and you won't have surprises. The only downside is that you can't check in every 8 bars because you won't know when will the 8bars formed as it is not a timebase chart
CADJPY - Bearish SharkThis is a very bold trade; chances of it hitting stop are high. That's why I'm not putting it out as an Official Trade-Ideas.
On the Range Bar chart, the Bearish Shark Pattern has confirmed and I'm in the trade. Once the market has reached its target 1, I will be shifting my stop to my entry price and pertain to a Risk-Free Trade.
This is when I will be using my trade management - Upsize and stretch both target based on Daily Chart Shark Pattern, link of the analysis could be checked at the bottom.
The Big Question will be, what if I got stop out, then I will wait for the next trading ideas to engage the trade again.
CADJPY - Bearish BatIf you are looking to jump in to short the market and you had missed it twice, here is another opportunity, a Bearish Bat complete at 90.42 on the range bar chart.
Even if you are confident and compel to short the CADJPY. It will not do you much harm to wait for a bar chart confirmation.
EURUSD-Weekly Market Analysis-Feb22,Wk2If you are a trend trader, this will be the fastest way to get involved in the shorting opportunity. A Bearish Shark Pattern form on the 8 Range Bar Chart within the 4hourly Sell Zone.
If you prefer to trade on a time-based chart, you can wait for a double top setup on the 1-hourly chart.
EURUSD - Bullish Bat on RangeBarWhen the market isn't moving much on my regular timeframe, I've gone to the lowest timeframe(technically it's not a timeframe because it is not time sensitive)
The 5 range bar chart has been my main training strategy and it has brought profit as high as 29% on the 1st 2 weeks of my trade.
As a trader we need to be discipline but able to adapt to the market condition when necessary.
Using Standard Deviations As Momentum Or Mean Reverting StrategyUsing standard deviations in trading can be helpful in many way with keeping you on the right side of your trades in this video I break down how I use or would use the 1SD 2SD and 3SD based upon the percentage of time price normally traverses through each SD.
RangeBar and Fibo - Help, need 5 Rep.point to communicateGBPUSD probably gonna try to reach the next Fibo Level before continue to going down.
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Guys, I also need help with 5 Reputation point to communicate with the awesome people on public chat.