Putting Risk Reward into PerspectiveMost newbies, and even intermediate traders don't really understand what high risk to reward trades require from themselves and from the market. They think it is something to strive for, and that high RR trades are reserved for the pros. This is far from the truth.
In this video I try to give more perspective to this concept.
- R2F
RRR
FLUX/BTC Hourly Easy Trade 3.9 RRRBINANCE:FLUXBTC has broken above a long descending trend line on the hourly. Watch the video for the details of this easy trade. We are awaiting confirmation. The trade is not on yet. So keep watching this idea by giving me a follow. Also see my previous idea on Flux in Related Ideas below.
You can view this chart here .
EURCHF: Catching Opportunities ExplainedIn this detailed video, I explain my methodology of looking into the market to catch smart trades with an approach on RRR (Risk to Reward Ratio).
My strategy is suitable for intraday and swing traders as these trades tend to exceed 12 hours to reach the targeted profit.
That's it, now sit back enjoy the show
~ Cyril
GBPCHF top-down analysison DAILY: GBPCHF is sitting around a strong support zone in red so we will be looking for objective buy setups on lower timeframes.
Unless price breaks aggressively below our red zone, then a bearish movement till the all-time-low would be expected.
on H1: price formed an objective trendline in blue, and we have an inverse head and shoulders forming. we are waiting for the right shoulder to form and then buy after a candle close above our neckline.
or we are waiting for an objective break above our blue trendline to buy.
we also have divergence on MACD adding more confluence to our buy setup.
meanwhile, this pair is overall bearish.
GOLD UPDATEGOLD broke our symmetrical red triangle upward and traded higher, so we would be overall bullish here until an objective sell setup is activated since price is sitting around a supply zone in green.
waiting for an objective break below our blue trendline or red trendline to sell GOLD long-term.
meanwhile, GOLD is still overall bullish and can still test the upper blue resistance zone before going downward.