CADCHF & AUDJPY TRADE BREAKDOWNChart Slayer breaks down 2 of the trades he took this week and how he managed it. Enjoy! Hope you have a great trading next week.
Technical-analysis
Scalping opportunity on the 1m/3m/5m timeframes .....Those that like to scalp or want to learn can using our strategy.
Its very clear to see how to follow price as shown - also our members can test using our strategy tester and hone in on the settings and parameters even further. However, this video is just showing standard settings.
Either follow price or use the labels for SL and TP targets.
Part close at TP2 and leave TP3 until the reverse signal or SL to entry, could work too.
Lots of different ways to manage the position once you are in - even taking 15 pips a time would have worked a treat.
Regards
Darren
Blue FX
Will Bitcoin explode to 14kBuyers have been gaining control over the past month.
10540 is a major price level which if broken BTC will likely go test 14k.
There's a possibility for 10450 to hold the price, in this case BTC will do correction on weekly.
Enter only after confirmation.
BTCUSDcorrection phase completed? BTC has been prepping for another move. bias set aside we must wait until concrete opportunity is presented for either bulls or bears. structure must be created for momentum to guide. patience is key like always.
anticipate - react - execute
cheers.
*PLEASE READ MOST RECENT GBPJPY post for a major key. This can help everyone with their well-being
4H GBPJPY SHORT WE ARE WAITING FOR PRICE TO BREAK THE SILVER ZONE OF BUY PRESSURE TO THE DOWNSIDE WITH A PUSH THEN WE WAIT FOR PRICE TO COME BACK FOR EXHAUSTION OR RETEST OF THE ZONE AND RE INJECTION OF SELL PRESSURE TO ENTER SHORT
Urgent Btc forecasting - Follow the instructionHey guys
Be careful through manipulation this time.
keep earning
keep smiling
Rekor Systems, new lower high or a much higher swingOk, this stock is very promising. This will go to around 3.50, when it does watch it very carefully because it might swing from there to $10, if the market looks like shit I would sell it at the trendline I drew. If market is bullish, hold your bags, even though im presenting the weekly, watch the daily for your exit.
USDCAD
This pair is currently pushing down very strongly on the daily chart. But, it is coming into an area that I consider to be the Weekly Support Zone. This is an area that the USDCAD has tested multiple times in the past as support and resistance and is possibly an area that we could see a nice bullish bounce out of this market. For that reason, I will be waiting for price to come into this area for possible long trades.
My short term outlook will be to short this pair towards the Weekly Support Zone. I'll be looking for possible entries on the 1HR, 4HR Charts.
Weekly Support Zone(Grey Area) = (1.31837-1.32572)
GBPUSD H1 - Short Trade SetupGBPUSD H1 - Resistance held (we talked about this setup in the GBP*** Video analysis). Topped out at that 1.26050 number and then broke the support zone, hopefully we pullback to that 1.2600 number to retest the broken support, this would present a nice entry, with clear RR
XAUUSD GOLD | WILL SEE A BUY BACK PRESSUREPLEASE SUPPORT THE IDEA BY SMASHING LIKE AND GIVING A COMMENT <3
Hello Forex Trading Lions! PLEASE ENJOY THE FREE IDEA!
Today we are having a look at GOLD through fundamental news it dropped because USD had good data.
Although now its on support and should have a pullback before continues to go down.
My bias is buy the pullback.
Follow & Check Out My Profile! PEACE <3
GBPJPY - Medium Term ViewWaiting for the break of trendline to consider possible shorts. It's risky as there's a lot of bullish momentum and you'll be going against the trend.
USDCAD - running +127 - 2 great sell trades!As explained on the chart - we were ranging and thus the BUY was not valid in how we trade our strategy.
We teach our traders and remind them via an alert to check for ranging markets - we want to find trends and not sideways movement.
We broke lower, now we are running +127 pips.
Regards
Darren
EURCAD is feeding us! Running +114The last EURCAD Buy was kind enough to provide us with out TP3 target which is based on 1:3 Risk to Reward.
Our Sell trade is now moving nicely and running +114 pips with hardly any draw down and is now risk free.
Regards
Darren
Blue FX
Will the resistance hold - Or will we witness a breakoutGBPUSD reaches a strong resistance, the bulls are losing power.
There's a possibility for breakout on H4 and daily.
GBPUSD | WILL GO UP FOR 100+ PIPS CHECK THIS OUTPLEASE SUPPORT THE IDEA BY SMASHING LIKE AND GIVING A COMMENT <3
Hello Forex Trading Lions! PLEASE ENJOY THE FREE IDEA!
Today we are having a look at GBPUSD broke area of sensitivity, had a pullback now trending upwards.
USD Weak data will help this uptrend continue, might have a bigger pullback, but overall trend is going up.
Its also respecting the moving averages which shows bullish pressure.
Follow & Check Out My Profile! PEACE <3
EURNZD TP1 hit and running +153 pips.Great day for us today, EURNZD continues to drop. the last buy also gained us some profit making it to TP1 offering us 180 pips in total.
Lets see if we can continue down - NZD strength continues and we have seen EUR weakness across most pairs today.
Regards
Darren
GBPCAD - Using lower timeframes on V1 - new tradeFor more information on our strategy please view our 'Scripts' page on our Trading view profile.
Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair.
We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR.
There are infinite ways to manage your trades to suit your mindset and time.
Works on all instruments
Directly onto your own personal trading view - all devices work
Non repainting
Please follow us to keep up to speed with our trading ideas, live streams (coming soon) and weekly recaps using our strategy.
We are continually marking some tweaks and marginal gain improvements to continue to make this easier for our trades and even more profitable. All updates are given to our members and previous purchasers FOC .
Regards
Darren
Blue FX
USDCAD - New signal, but we need to break the range first!A good example of some due diligence here - we must be wary of ranging price action, here is a good example - we are showing a buy but as you can see we are stuck in range - a BUY STOP can be used on a new high being formed as shown.
For more information on our strategy please view our 'Scripts' page on our Trading view profile.
Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair.
We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR.
There are infinite ways to manage your trades to suit your mindset and time.
Works on all instruments
Directly onto your own personal trading view - all devices work
Non repainting
Please follow us to keep up to speed with our trading ideas, live streams (coming soon) and weekly recaps using our strategy.
We are continually marking some tweaks and marginal gain improvements to continue to make this easier for our trades and even more profitable. All updates are given to our members and previous purchasers FOC .
Regards
Darren
Blue FX
DJ30 - new signal, down we come!For more information on our strategy please view our 'Scripts' page on our Trading view profile.
Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair.
We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR.
There are infinite ways to manage your trades to suit your mindset and time.
Works on all instruments
Directly onto your own personal trading view - all devices work
Non repainting
Please follow us to keep up to speed with our trading ideas, live streams (coming soon) and weekly recaps using our strategy.
We are continually marking some tweaks and marginal gain improvements to continue to make this easier for our trades and even more profitable. All updates are given to our members and previous purchasers FOC .
Regards
Darren
Blue FX
Fibonacci and Chart Pattern Trading Descending triangle is in the making. Not confirmed even if we see a rejection at this down sloping trend line. Also just a quick look at the use of the fibonacci retracement tool. We have the extreme high @ 10220 (nice round number 🤔) down to the low of correction @ 8220. A rejection off the 78% fib is common in trading. 78% 38% and the 618 fibs are key in trading and in using fibonacci.
Any likes are much appreciated. Any questions can be left in the comments section. I'll be happy to get back to you. 👍
