Takeprofit
Creative TP in trend following tradeOn the break of the downtrend line I am pretty comfortable in taking partial profits on the BatPattern completion. Hedging for a short day trade and then building again for the upside.
Trading plan is important but I also believe in active trade management!
EUR/USD For this week.We have a high probability of a long position, but first we are waiting the broke of 1.08400 then we can open the order. TP:1.11300 SL: 1.06800. Good luck for everyone :).
After breaking the Support 138.000To this time, we can't do anything in this Pair GBPJPY 0.02% , after breaking the support rectangle in red, we can be short with a TP:128:000 and SL:140 000. LONG TERME TRADE :) have fun and Good luck to everyone.
DAX shorting near 12000 with two take profitsBad data from Germany, could drop the index, tomorrow the most important data is German Industrial Production (MoM) (Jan)
Break of bullish trend and support key level-NZDUSDPrice broke bullish trend yesterday. Today have broken key support level. We can project that movement till first support. Then, if price brokes that support, movement will continue till the second support.
EUR/AUD SHORT - PARTIAL PROFIT TAKENFX:EURAUD
As expected after falling back inside the familiar range the rate pulled back to test the upper boundary and turned around right on the spot at 1.4470. (watch the video on full trade idea here )
As I have closed a part of my initial position and my stop's at break even - I will be looking to scale back in the trade.
I will be looking for a pullback towards the possible former broken support as the new resistance at 1.4320-1.4335 and keep targeting the range base at 1.4130
Bearish divergence at resistance for BPBP has rallied into resistance at around the 500p level. This is probably a call to take a bit of profit rather than initiate a speculative short. Medium to Long term we are a fan of the oil majors.
CRUDE OIL - Pullback/Take ProfitMight be a good time to take profits from CL long trades. Price hit Resistance at 51.80.
For the BOLD trader, Countertrend SHORT trade entry on CLOSE below 50.90
Testing the top of the channelPrice is currently testing the top of a channel, stochastics confirms that the price might bounce and head lower... thoughts?
EURNZD EURO KIWI WEEKLY PERSPECTIVE LONG Be careful of the volatile news affecting the dollar but anyway the downtrend is coming to an end and us seeing bullush momentum when price reaches 1.51 level it will jump. Price is well belo wboth EMA's and stoch is oversold.
GBPjpy bouncei think shes about to correct. look to these target levels to be achieved in the near future. give a comment below what you think and lets kill it together.
bullish idea reversal on GBPAUD 1 HOURStrong uptrend so im following it. slight downtrend and choppyness has started because of heavy selling. price should come back up to normal. I could be wrong and price could touch the blue rectangle of support at 1.72619 level, if price does touch that rectangle a reverse is definitely going to happen. EITHER WAY I AM BULLISH
EUR/GBP | 12 August 2016 | - Previous structure high big turning point after brexit
- Market printing a clear range between brexit high and low @0.83289
- Bullish rally from 0.83
- Price stalling on all timeframes especially the daily printing indecision / strong wick rejection at this level which we'll be using for our entry signal
- Entry at the low
- Stops above the most recent high
