Selllimit
Update Sell Gold end of weekGold show breakout down and now up to retest near trendline again
*** if price still below this zone
It will show sell signal and can hold sell position to next week
with positive swap .
Risk around 50 pips
TP open.
Bad case : if price more than 1508 will check close price again
if close price more than that will invalid.
Gold will move on to 1600.
In retractment Gold always swing must calculate suitable position.
to protect yr risk.
^^
LTCUSD 1D RANGE SHORT BREAKOUT TRADEWhile making this post price broke out of range bottom
Range bottom is at 133.20
Daily breakout candle open was at 135.50
Daily ATR is 8.66
1H chart found range levels
Range Trade Rules
Daily candle did not close yet but broke out of range bottom
Breakout candle low was greater than 1 ATR so special entry rules now
Breakout candle open - 1 ATR = Sell Limit Order
135.50 - 8.66 = 126.84 Sell Limit Order which was hit
Further money mgmt of trade in update followup
AUDCHF Sell for dayzzzAUDCHF, we draw on our Fibonacci and we get the drop touching the 50% fib and now we can expect a pullback towards our weekly key area of 0.71899 and continued drop. Will wait for confirmations but I will enter a quick scalp with 15-20 pip risk in my private channel to test the waters.
AUDCHF SELL LIMIT
Start: 0.71865
Stop loss: 0.72079
Take profit: 0.70877
(Personal scalp, optional)
AUDCHF BUY SCALP
Start: 0.71560
Stop loss: 0.71400
Take profit: 0.71800
EUR/GBP TRENDLINE BREAK GOING TO RETEST !!!TECHNICAL ANALYSIS:
*-Price broke through the trendline and possibly will retest it.
*-On lower timeframe we see price is making lower lows and lower highs.
*-The retest of the trendline fits perfectly with fibonacci retracements.
*-If this setup is executed I'm place my stop loss just above the resistance
zone in case I'm wrong on this.
*-My take profit will be on the 0.859 support level but you can take profits on the -27.00% fibonacci retracement.
*-Might be waiting to see some candlestick reversal patterns before jumping on this trade
#Tradesafe
Gbp/Jpy Sell Limit Hi All ,
I will be placing a sell limit at 149.524 . If we have a fake breakout from that resistance level , I will add more second sell position manually . If price respect that resistance level I will add all my sell positions with a target of 145.217.
With Brexit , there's no possibility of a breakthrough to 152.000 like we had in Sept 2017.
So all in all i think 149.524 is a good place for sell . Now price might not even touch that Limit , that's where we look at candlesticks in smaller time frames to start adding shorting , But should be something around 149.000 -149-999 region .
Many Thanks.
Pending USDCAD Shorts (Feb 3 USD) Using the bigger picture, I have noted a few key areas worth watching to use as targets and entries for short positions.
This trade idea will be discussed during the Feb 4 - 8 live sessions.
I am not a financial advisor and trading involves risk... practice with your demo account.
EURAUD, possible down trend continuation. Pure price action
Hi everyone. here is a possible down trend continuation. 100 pip for 38% retracement with a pending Buy limit order off the strong support. Sell Limit off the resistance for the down trend continuation.
feel free to let know what you think about this analyzes.