USD has had a poor week, could it hold at these levels and force some XXXUSD pairs back down? Lets see. Entry, SL and TP details are on the screen. The last buy position worked out a treat. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I...
It looks like a simple trendline bounce from here which i will open a buy for long term. I always trade trendline bounce and have good win and lose ratio from this strategy alone. At least 60 - 150 pips to be caught with patience.
USDCAD bear pressure sets up to extend further following its Friday losses. Support lies at the 1.3200 level where a violation will aim at the 1.3150 level. Further down, support comes in at the 1.3100 level where a break lower may occur. This if seen will trigger further weakness towards the 1.3050 level. Its daily RSI remains vulnerable to the downside...
The price returned to test. The price returned to test the medium term key support at 123.8. If it were violated to the downside with closure below it would be a strongly bearish scenario. This would immediately lead it to the next static support at 122.6. Within a couple of sessions then could try to break it down. The pair could reach the next support area at...
GUP on Bittrex Buy 2421 Sell 2550 Potential profit 5.33% Details Bases respected 19/19 Success rate 100.00% 90% respected in 13.00d Base Play Strategy EXAMPLE
Buy: 694 Sell: 739 Potential Profit: 6.48% Details Bases respected 21/24 Success rate 87.50% 90% respected in 1.54d Base Play Strategy EXAMPLE
Buy: 567 Sell: 640 Potential Profit: 9.45% Base Play Strategy EXAMPLE
Buy: 586 Sell: 639 Potential Profit: 9.45% Base Play Strategy EXAMPLE
Buy 2686 Sell 3006 11.99% potential profit Base Play Strategy EXAMPLE
As the green C movement was the last part of the Elliot Wave, we are now waiting to se some consolidating in the 122 level. If that occurs we could consider trading the break out and go for the pink C of the ABC pattern. This is a super long term trade. It could take up to 24 months. By the way, the 122.5 level is a key level that we better be carefull as it could...
Along side my trend channels and range trading, I like to use this set up for some extra pips and when back tested works very well over most months (Will probably move to only this strategy when I can guarantee consolidation is not taking place) It cuts all emotions out of trading when I use it with the right money management. Everyone should know that moving...
HA-HA, I think I can hear what you're saying now about money management, and about my words. But look, to be consistent in profit we must do a couple of things on a regular basis. 1 Follow our system or a trading approach with no excuse - to keep the statistics. 2 Not to be afraid to trade, when we see a signal. 2 Use our stop losses without any excuses, and no...