$CUR Great risk/reward here! Loving this oversold setup!$CUR Great risk/reward here! Loving this oversold setup!
SL: 0,2502 TGT 0.6ish nearterm
Risk-reward
The Highs in the $SPX are a MIRAGE - Time to SELL!Bearish Divergences of this caliber is a great risk/reward scenario. Sell here and risk a new high.
HTZ gains on a monthly basis!If this pattern continues there is a strong possibility for a major upside, standing by for confirmation on the 180 EMA. If this does confirm bullish all the way to 19.20 more would be great, but with great reward comes great risk. uc.
PURELY TECHNICAL LONG SWING USD/MXNHey everybody so I am a scalper mostly but since finding how easy it is to share analysis with Tradingview I figured Id just post my ideas since I am analyzing them anyways .. So, here is a decent risk to reward swing setup for USD/MXN .. Friday we had a pretty decent selloff .. The daily candle closed with a huge rejection wick off that daily trendline .. I will be seeking long opportunities to reach the weekly trendline resistance.. Enjoy and take at your own risk ... :)
Crude oil to see recovery from current levels!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - 2 daily
Timeframe - 1 - 2 Months
Actions on -
A – Activating Event
Commodity finds Support @ current levels . Commodity to move towards the @60 level,
B – Beliefs
Crude Oil needs to consolidate before I look at going long. I will stay on the sidelines until then. Will keep u posted :)
FX_IDC:USDWTI
Happy trading.
Follow your Trading plan, remain disciplined and keep learning !!
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Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
EURCHF Possible Price Action DumpageEurChf had a solid close below the last remaining support and is now in no mans land.
Would also be a perfect 1:1 AB=CD move to the next structure level
With the solid close below makes me think this thing is gonna continue to follow path of least resistance and head lower
Looking to be a great trade with awesome R:R
Will keep updated on this and post higher/lower TF Charts for reinforcement
EURUSD Short at supply areaOn the EURUSD we are currently bouncing between the two red 4hr supply and demand areas. As we are currently in a downtrend and in neither an oversold or overbought area, we have a short bias.
On the 4hr we are moving into a supply area (yellow) which we didn't trade last week due to the entry being triggered pretty late on friday. This luckily gave us a better entry point and so we are entering now instead.
Hopefully we can get a small bounce for a 1:1 Risk:Reward, as indicated on the chart.
Remember to trade with the probabilities. No single trade determines our performance, we will all have a loser once in a while.
Take care,
TheSupportResistanceTrader
USDCHF long at demand areaUSDCHF is moving up between higher timeframe supply and demand zones, far from overbought levels. It is also in a 4hr uptrend which leaves us with a bullish bias.
We are currently moving out of a 4hr demand area which has previously shown big strength, breaking the top on 9/5-2018. Due to the new week, I wanted to wait for a couple of hours for the market to stabilize before trading. I think the market is now fairly stable and so I go long from the current price.
Hopefully we can get a quick upmove for a 1:1 Risk:Reward, as indicated on the chart.
Remember to trade with the probabilities. No single trade determines our performance, we will all have a loser once in a while.
Take care,
TheSupportResistanceTrader
LOOM: Example of utilizing R:R based on FIBS/PatternsJust an example to help a fellow trader (hopefully)
STOCK TRADES MAY 15TH ARE YOU SCARED OF TRADING REVERSALS?Ever wanted to know how to trade market tops and bottoms?
If so drop a comment below.
Meoh Short Trade- Stop 71.30 Entry 68.55 Target 1 63.05 2:1 Target 2 60.3 Target 3 optional trail
Short setup is forming as market retest range highs
www.tradingview.com
NBIX- ENTRY 90.92 SL 95.01 T1 86.92 rr 2:1 T2 77.01 rr3:4
Short setup is forming as market retest range highs
www.tradingview.com
TROW ENTRY ON OPEN 117.30 STOP 120.30 TARGET 114.30 rr 2:1 TARGET 2 106.30 rr 3.66
short setup is forming as market retest range highs
www.tradingview.com
BUY USDJPY-Bullish Divergence & continuation of a strong trend Friday's low and close to 61.8% of the 108.65-110.02 rise. Looking for uptrend to resume and clear May's 110.02/05 highs, the 200-DMA at 110.18 and 61.8% of the 113.75 104.56 drop at 110.24, for a run at 110.85, Nov's low & 61.8% of the 114.73-104.56 drop.
Source:eFXplus
CUR; A risky but potentially lucrative investmentIf I decide to reduce shares in either of my holdings (FB, PYPL), CUR would be a small bet I would be willing to take. It recently shedded about half it's value since the huge spike up. It seems to have finally found bottom. I have support and resistance lines drawn in, if I end up investing, I would set a stop just below the support, and play the sell out (limit) by ear, rather than setting one. Perhaps they will have another breakthrough soon with trials or something. Who knows though, it's a risky sector/stock.
Lemme know your ideas below, this is my first time posting about a penny stock.
-Kristian