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Selllimit

CADJPY Short ? or Buy ? We Await The Break And Confirmation One CADJPY Short ? or Buy ? We Await The Break And Confirmation One 1. 25 -2- Life Fibs set up 2. Awaiting breakout then close of candle to confirm then we set the sell limit 3. Awaiting breakout then close of candle to confirm then we set the buy limit This is a one to watch awaiting either of the 25% fib zones to break and retest before setting our buy or sell limit What Do You Guys Think......? Drop Your Comments Below...........
by Forex_Fire
Nube#27AUDNZD sell@1.03826 SL@1.03962 TP@1.0321 Looking forward to some bearish movement on Aussie-Kiwi for the rest of the month. Q3-2019 has established a pretty significant downtrend on this pair, which does not show signs of weakening. Taking advantage of the ~1% bullish impulse of the last weeks, we have some space to look forward to cover by selling, until retest of the lows, hoping that the overall bearish trend resumes. If the trade is activated, it should start to be managed from the 0.618 blue level, maybe protecting the trade from losses. 0.786 purple line could be a nice place to look for partial or total close.
by timeerr
EURCAD 4H SHORT TRADETSG MONEY MANAGEMENT RULES. 1 - Enter 2 trades @ Sell Limit @ 1.4554 - 1% Trade Balance each. 2 - 4H ATR = 25. 3 - SL = 1.5 x ATR (1.5 x 25 = 37.5 = 1.45915) SL for both trades. 4 - TP = 1 x ATR ( 1 x 25 = TP = 1.4529) TP is for 1st order only, 2nd order no TP let profit run. 5 - When 1st TP hit move 2nd order SL to breakeven. 6 - Trail 2nd SL behind previous fractal highs. Price moved up to retest a previous Sup/Res level. Sell Limit made @ 1.4554 for 2 trades. 1st TP hit @ 1.4529, move 2nd trade SL to breakeven @ 1.4554. Price had a bullish pullback and hit 2nd trade SL Price stayed below the previous Sell Limit level of 1.4554. Price re-setup short trade and re-entered another Sell Limit order @ 1.4554. 1st TP hit @ 1.4529, 2nd SL moved to breakeven. Price created a new current fractal low support of 1.4513. Moved Trail SL to current fractal high @ 1.4537. Price created a 2nd current fractal low support at 1.4483. If Price breaks that level then Trail SL to 1.4505 current fractal high. Continue to trail SL if Price continues its bearish move. This current EURCAD 4H Short trade was found by DACapitalTrading Jan 13th. We added to this short trade our TSG money management trade plan.
Education
by Tradingstrategyguides
CADCHF H/S ( possible formation)After a big drop on CADCHF, there is a possible formation of a head&shoulder chart pattern, which allows to look for entries in the blue zone as marked. You can wait for the movement to complete and enter this trade manually, You can enter this trade on the neckline and place your stop loss on the previous shoulder or you can Place a sell limit in the area marked and catch a good entry. Using a fib retracement, the zone indicates a retrcacement between 50% and 61%. LOOK for entries in the blue zone.
Short
by Pelankit
CADJPY Swing (SELL) Trade IdeaCAD/JPY --------------------------------------------------------------------------------------------------------- CAD been gaining strength for the past few weeks and we have now reached an important supply zone. Here, price begun its Sell Move the last time it was here and created RBD and DBD from the zone. This is on a monthly, weekly and daily level. Expecting a return of downtrend of JPY pairs. CAD also is expecting weakness based on fundamental knowledge of the currency in the world now. Sell Limit @ 82.395 SL: 83.687 TP: 80.867 R:R Ratio: 1:~9. This should be good for us to make 300 pips. Until next time beloved! Peace!! ---------------------------------------------------------------------------------------------------------
Short
by ricky1270