Sharing my trading idea and experience for FX:HKG33 From previous post, the 1H chart has been bullish. I have taken the profit and thereafter trying to find re-entry position. However, without checking the shorter time frame 30m, 15m it turns bearish for the shorter time frame. Re-entered at 22500. As you can see from the chart. It's is a...
FX:HKG33 Entered too early before the pullback. Has to hold over the trading closed day. Was intended to SL the positions if the downtrend continue. However, the market reopen with strong bullish volume. The short time frame (tf) turned uptrend and the index gap-up. However, the MACD + KDJ showing uptrend for 1H chart. Hence, decided to continued...
QNT look good to go up - Till now 1 WIN 0 Loss entry 72.98 SL 71.26 TP 1:1+
I came across one of my GBP/CAD thoughts and and saw a pattern that was screaming at me. I don't think I saw the pattern on Oanda's charts because the data only goes back to 2003 on the Monthly Charts and on FXCM it goes back even further (1976). With his added data it is clear the price is showing an inverse head and shoulders, which adds to the probability of...
I opened a Long yesterday around at the 0.618 fib level. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍 And that's the main reasons I decided to take a long on SOL : ► Confirmation of the retrace and breakout of the falling triangle (yellow lines) ► Retrace of the 0.618-0.65 fib level ► Bounce from the support...
I expect price to drop around .89 then rise. Break below the flag is a sell off. I am not a financial advisor. Use your own due dill. Safe Trading.
A break of this mini support could lead to a potential shorting opportunity
Hi traders, Thursday was really boring for me since I'm still on my "recovery" plan I discussed in yesterday's recap. So I only trade the best shots and try to stay green at the end of each day albeit very little. Thursday could be a prime example of this approach. Just one, slow-moving trade that I had to get early from due to massive SPY spike down. Half a...
Looks to me that we are about half way through this Alt coin consolidation, ALTs are looking prime being over sold on the Weekly, consolidating on the Daily and Bitcoin needing a possible pull back to 6k. I'll be looking for a couple positions this week, diversity, stop losses, target resistances, make a plan, good luck.
Hello all - DuncanForex with another trade idea. With NFP coming in strong on Friday and USD gaining strength - the question is: Is this short term sentiment and will the FED support further USD strength or will the FED still suggest a rate cut and in turn will USD weaken,? Therefore, the recent price action being a stop loss hunt before heading higher quite...