Sl
NTES 4th wale?It is highly possible that NTES can go much higher, especially in a longer-term, but from another, bit short term perspective, it is to expect some future drop.
My play is to buy, but S/L will be at 281 level. If the price goes below the same level my play will be buy as well but with a 2:7 R/R
So what?In order to classical view we have triangles which show increase of price and in wave analysis the exponential channel is obvious shows that we can see the big 5th motive wave.
GBPAUD 4H SHORT TRADEPrice is in between 50 sma and 100 sma.
Price fell half way to 100 sma and returned to 50 sma
Price should fall toward 100 sma
Price at 100 sma will either cross below 100 sma or consolidate sideways
Sell stop below 100 sma @ 1.7795
Take Profit @ 1.7728
SL as shown
If price crosses above 50 sma trade void
OmiseGO a point to buy with short SL BITTREX:OMGBTC
Hi everyone I see a point to buying a not big position OMGBTC, SL on 0.00157 . Next position will be opened after break up line of resistance 0.00178
Trade the Fibonacci BounceUSDCAD was not able to break through the 61.8 fib level.
A possible trade on this setup is to open 2 small positions, both with the SL above the test of the 61.8 fib level. TP1 at the 50 fib level and TP2 at the support level showed in the graph. If TP1 is hit, move SL on the remaining positon to entry level.
If you have any questions or feedback on this analysis, feel free to share!
Happy Trading!
EUR/CAD PART 4 SL HIT Today but did not lose due to moving stop past entry point. Overall I feel like this is a winning trade, mentally due to sticking to all my rules and trading plan . I personally believe that defence is 10X more important than offence. I am still sticking to my analysis and will be looking for another entry.
EUR/AUD SL HIT Unfortunately SL HIT . However i executed my trading plan perfectly , Never forgot there is always a random distribution of wins and losses . Onto the next one.
USDJPY Long IdeaDouble top forming
Upside break of channel looks like good entry depending on candles
Another Long Killin Operation..So what is this ?
I guess manipulation of market and killin long accounts without enough cash.
So.
MHO this is a previous era of bull market..
sell on perfect top with small sl for big profitprice tried to go higher but failed and showing a sell signal at top of market so pretty nice selling oppo and dont book profit just trail stop loss. let the price run down.
GBP USD Bearish after (BREXIT)All description on chart.
These are my views on this pair and are not trading advice, please trade at your own risk and i shall not be held responsible if you are to follow this trade and it go against us at a loss.
Trade at your own risk.
long Silver for 19, sl 17 (Risky)Long term demand zone & trend line support may restrict further downside after steep correction
* Risky but favorable RR
uk100 FTSE bullishprice way below 50 ema. Price has been rejected from 6928 level a couple times with bullish jumps. Smaller time frames showing bullish momentum. Time to start buying to the weekly high. Stoch oversold.
sell cadjpy nice reversal reversal in progress at 79.50 level from daily resistance way above price, price overbought, EMA and stoch all confirm my decision.
EUR AUD on the rise i think. WEEKLY FRAMEWell, strong up trend has been continuing for some time met with some overbuying resulting some downtrend lately. This weeks inverted hammer candle shows a bullish reversal along with the 1.480 level of resistance shows bullish jumps with past price analysis shown with the green rectangle. Price has touched the 20 EMA (red) line and is just below the 50 EMA too (blue)
SHORT EURCHF 1 HOUR Support and resistance self explanatory, price way above EMA's majorly overbought also so time for price to stablise and consolidate back to normal
