GBPCHF short moving⤵️👍We are using our trend following EDGE strategy for this GBPCHF trade.
Entry details are shown on the chart.
Trade has been live since 17:00 UK time.
Working the H1 time frame here and we're only looking for TP3.
As always the report box at foot of the idea shows the stats for this strategy.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
Last trade was also covered in an idea yeasterday.
Great scalping strategy this one.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren.
Scalper
Gold intraday/scalpingI’m still holding on Gold from last night’s trade, although I got in early. I haven’t hit my target area to TP yet, that 2 zones up. So I was RED when it dipped more but I just held on because that’s how Gold moves I’m still trying to figure out a lot of things. Now it retraced and I was red again. So I had to use my fib tool to know where I am now in the market and its hitting 0.38 consistently, so I’m just holding on Gold. Its bad because I don’t have much capital yet since I am a newbie trader can’t even afford yet to pay the Pro version of TradingView so all my trades are just forward tested on demo of course, just started March of this year. This is another lesson learned for me, don’t swing trade if you don’t have the capital for it. Most especially don’t swing trade Gold if you have small capital you will get margin call!
ADAUSDT: Scalpers key levelHello Traders!
This is the key level for scalpers for ADAUSDT.
Scalp with care. Find a pattern or strong candlestick pattern to enter the trade near these key levels.
Only Enter when you find a clear Pattern.
Levels are derived from some secret methods.
If you are scalping with the care then you will not lose any Trade.
Good luck traders.
NIFTY about to correct in coming daysNSE:NIFTY is about to correct in the coming days. Any investor/trader looking to buy should wait for another week or so. The MA20 and MA50 are about to come close showing a correction is in place. The correction will most probably be a small one, around 1-2%. Perfect time for any long-term trader to get a position or any short term scalper to short during this time. Approximately by the end of the week (Thursday or Friday) we can expect a mild correction. Nifty will then drop below 15,050.
GBPUSD Potential Bull Reversal Whats up yall, back with another idea. This week has been especially hard for me to trade but its not stopping me, just making me even smarter. Without any further explanations, lets hop into this one.
This early morning we can see price gradually dropped during early London session, and now we are at a point of liquidity, we can tell by the extreme candles going in every single direction besides a trend. So this is telling me price is preparing to do something.
We do some further analysis and see that we have a potential liquidity zone which I have marked in purple. We can use this in aiding us determine which direction price will decide to go, just by waiting for a candle to close outside of the box either on the bottom or the top, then waiting for a supporting candle to back our chosen direction.
Price has been downtrending lately so short orders would seem more reasonable, however, it is still very possible for price to decide to reverse as soon as NY session starts.
Not too much in terms of technical structure today but we can work with what we got.
Yall let me know how you feel about the idea, LIKE AND FOLLOW FOR MORE!!!
GOLD POTENTIAL PLAY Gold Gold Gold, such a wonderful market to trade, such a beast to master. Whats up guys, i never show ideas for gold, but i think its about time i start posting more on here so this is the first step I suppose.
Lets hop into it; as we can see, gold is in somewhat of a consolidation zone marked in purple, and this is telling us either price is preparing for a shoot upwards, or a shoot downwards. It really depends on the close of the next hourly candle in my opinion.
So using price action, we will have 2 scenarios:
Price closes bullish and continues upwards (this can be a doji as well, as long as the candle is a bull candle). In this instance, we would move to the smaller timeframes and search for a potential entry for a buy and ride the wave to the green I have marked up for a nice little scalp on the day.
Scenario 2:
Price closes BEARISH (Engulfs the last bull candle, and stays under the 2 ema's I have marked on my chart). In this instance, we would be searching for short positions and place our stop loss just above the upper level of this little consolidation zone and rice the wave to the lower wick marked by the support line I have on bottom
Which ever may be the case, we must be patient in our approach and resist the urge to hop in the market early just because we might thin we know where price will go. Just wait, and trade WITH the market. Not ahead, and not behind; WITH the market.
Trade safe, Trade smart, Trade Precise, we got this
GBPUSD COMING BACK UP Hello Traders, i hope you all have had a wonderful weekend and first 2 days of trading. Me personally, yesterday wasnt too hot but thats OK, because we are here for a long time not a short time. Anyways, enough of my ranting, lets get into this idea.
Yesterday, we observed that GBPUSD was on a mission to push up up up, making it apparent that we are in an extended uptrend. More than likely, price is going to come back up since the up trend has already been established. On top of this, price tends to go opposite directions when we enter a new session, not always the case, but very common for this to happen.
Observing the lower time frames, we see on the 15M chart that price has made a very interesting inverted hammer, pay attention and wait for the right entry.
Be sure to exercise patience and use reasonable stop losses. Remember, we are trying to control our losses, let the profits ride until you are comfortable (and within reason of course)
PRECISION ,PATIENCE, AND POWER
GBO USD PUSH DOWNHello traders, welcome back to my page. I hope everyone is having a good trading week so far. Lets keep it that way. 2021 starting off RIGHT YA FEEL ME!
If you are new here, consider liking this idea because it tells me you guys are messin with the content. But with out further a due, lets get it!
So as we can see, we have some weakness from the pound. This is shown by the inverted hammer on the top of this 1H formation. I have it circled in red. this tells me that the sellers have pushed price down stronger than the buyers were able to push up, a nice indication of a downward movement. We can pair this with the recent crossover of the 2 EMA's marked on my chart.
Also, during the London session, we can observe price tried to move back up but it only ended up making a lower high compared to the previous move up, which was yesterday during the day.
My chart shows the little details as well as my potential targets.
Remember to trade smart and trade safe! Precision over EVERYTHING!!!
SCALP - GBPJPY BUYMarket conditions are showing slowing of selling momentum. Price should be looking to retrace and retest target level. Entry on trend line break and close above grey resistance area. Conservative stop loss will go below the low of the candle that breaks and closes into the resistance area with a max stop loss as shown. The indicators I have chosen are all acting in confluence to the emerging move to the upside.
GBOUSD Back UP? (Scalpers)Gonna keep it short and sweet. I took a scalp on the short I posted for gbp, locked in profits and now i see we can potentially move back to the upside as price seems to have found some footing shown on the lower time frames. We can wait for the next 15M close and observe price action, waiting for confirmations such as a break and retest.
Since we are in a local uptrend it makes sense to follow a continuation to the upside.
If we look and my previous idea i posted the trendline on the upper channel has now been broken so this will invalidate my previous idea. We could also watch out for a retest on the trendline (top) \
Just wanted to post a quick idea. Thanks for checking it out!!
GBPUSD SHORT (SCALPERS)WHATS UP YALL, HOPE YALL ARE HAVING A GOOD MORNING OR DAY, WHEREVER YOU ARE!
Go follow me if you havent alrewady, I post nearly everyday and show that fire analysis BAYBEE!
Lets hop right into this one, so as we can see, gbp usd is getting rejected at the upper resistance i have marked. This has created a lower high and gives us a question: are we going back down? We further analyze the chart and notice that the trend lines i have marked (arrow channel) are validated by price hitting twice and very clean at that. Also we see we have a lower low formed and this is a further indication of a possible sell.
Pair this with a glance at the RSI and we are overbought, another indication of selling.
If we need further confirmation, the trend of the london session was upwards. If we know that NY session tends to reverse the trend of the market (not always, observe market sentiment), we can be further persuaded that price wil take a downwards direction.
However, it is still possible to go in the upwards direction since on the 1H chart we just crossed over on the two emas, as well as we are currently in a "buy" trend (Local trend). This being said we must wait for price action. Be sure to use a stop loss and be patient.
Precision and Patience
Thank yall for checking out the idea, stay tuned for more!
GBPUSD LOOKING BACK TO THE UPSIDE?HEY GUYS IM BACK WITH ANOTHER IDEA, IF YOU HAVEN'T ALREADY, GO AHEAD AND FOLLOW ME FOR ORE, THAT WAY YOU CAN STAY UP TO DATE WITH THE PRECISION FAM.
Lets get right into it:
So as we can see, london session pushed the pound to the lower side of the price range, this is important because the NY session tends to reverse the direction of the London session and this can be added to our list of confirmations. the area i have marked in the red ellipse is what i believe is a stop hunt (correct me in the comments if im wrong). Zooming in on lower timeframes it becomes more apparent. All this being analyzed, we can assume that price is looking to chase the upside.
So how do we approach this? Simple, we must wait for price to pull back to a level f support so we can see what price action is at said level. More than likely price is going to touch down on the purple rectangle then shoot back upwards OR break the level and continue to the lower end of the price range. So my tip to you all is be prepared for a short as well as a long because on this hourly chart we see that price is under the 2 ema's. Keep that in mind before entering a position.
Thank you guys for reading this far, let me know if you want me to make the ideas a little bit shorter to read.
Remember, price action is our best friend. OBSERVE, EXECUTE, PLAY. LETS GET IT PRECISION FAM!
GBPUSD BACK TO UPSIDE?Goodmorning squad, hope you all are doing well, lets get this trading day started BAYBEEEE. Before we get into it be sure to leave a llike and feel free to follow because i post constant gbp ideas as well as gold. If there are any other pairs youd like to see, type them in the comment section and i will consider ther pair depending on the market for it.
But without further a due, lets hop into it:
As we can see, last night, or london session rather, the price of the pound was very slat, very minimal price movement, and towards the end of the london session (like very early in the US), the price decided to decline a little bit. AS of a few minutes ago, price decided to spike upwards and this can either be a major stop hunt or market maker trying to move back to the upside.
My tips to you is to wait until we hit one of the levels i have marked on the upper bound area of a chart. Basically wait for a level where price gets rejected and see the price action afterwards. We would need to wait for those levels to be broken or for price to get a rejection. We wouldnt want to enter now because its foolish to enter in the middle of a move.
In true honesty, longs seem more likely simply because if we takea. look at the 4H, the market is still technically trending upwards. So let's wait for price to hit these upper resistances that way we can have a safe and precise entry ito the market. Remember, mitigate risk, maximize reward. Thats what we are all about as traders, profits dont matter as profits follow good trading.
Thanks for reading this yall, sorry the analysis is kind of less structured, price isnt giving me any hints as of now LOL.
Remember: OBSERVE, EXECUTE, PLAY. JOIN THE PRECISION FAM AND FOLLOW ME!