Feeling Long on BTCUSDI feel that bitcoin is on a new verge of reaching the 2017 range after covid has really decreased the USD. Even paypal is allowing its users to buy bitcoin. There are no new lows being created on the smaller time frames. The 1 hour and 4 hour stochastic is slowly approaching the top while the 5min and 15 min the line is challenging the bottom. I'm guessing that price wont break the previous low and will continue to shoot up towards a new resistance. I'm thinking maybe around the 2k threshold at some point after elections. Price hasn't fallen since the uptrend went viral so I'm going to buy a position and hold for the long run and see what happens towards the end of the year.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
Trades
Feeling Long on XAGUSD (Silver)
Why will I enter?!
Daily: Price is in a support zone. Stochastic is approaching bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone. Line is at 50.97. Last time price was around this range it shot up.
4 Hour: Stochastic is at the bottom of the line. This would normally tell me that price should test the resistance at some point. Line is at 27.08. Last time price was around this range price shot up.
1 Hour: Stochastic is approaching the top of the line. This tells me that price should test the resistance soon. However, I expect price to fall just a bit before it rises to resistance.
15 min: Stochastic is at the top. Tells me that price should fall at some point. However, I see no new lows are being created. Looking for buy limit or buy stop.
5 min: Stochastic is approaching the top of the line and no new lows are being created.
• Market Execution (Buy Stop activated @23.503)
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
Feeling Long for GBPCHF
Why will I enter?!
Daily: Price is in a support zone. Stochastic is approaching bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone.
4 Hour: Stochastic is at the bottom of the line. This would normally tell me that price should test the resistance at some point.
1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the resistance soon.
15 min: Stochastic is at the top. Tells me that price should fall at some point. Looking for buy limit.
5 min: Stochastic is approaching the bottom of the line and no new lows are being created.
• Market Execution or Buy Limit @ 1.8299
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
Feeling Long on CADJPY
Why will I enter?!
Daily: Price is in a support zone. Stochastic is at the bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone.
4 Hour: Stochastic is at the bottom of the line. This would normally tell me that price should test the resistance at some point.
1 Hour: Stochastic is at the bottom of the line. This tells me that price should test the resistance soon.
15 min: Stochastic is at the bottom. Tells me that price should rise at some point.
5 min: Stochastic is at the bottom of the line and I have two parabolic sars. Hoping for early entry.
• Set Buy Stop @ 78.485 or Buy Limit @ 78.265
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
Feeling Long for AUDCHF
Why will I enter?!
Daily: Price is in a support zone. Stochastic is at the bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone.
4 Hour: Stochastic is approaching the top of the line. This would normally tell me that price should test the resistance after price drops more.
1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again. However, there are no new lows being created.
15 min: Stochastic is approaching the bottom. Tells me that price should rise at some point. No new lows being created.
5 min: Stochastic is approaching the top and hasn’t broke previous low.
• Set Buy Stop @ 74.797 or Buy Limit @ 74.377
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
Feeling Long on AUDCHF
Why will I enter?!
Daily: Price is in a support zone. Stochastic is approaching the bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone.
4 Hour: Stochastic is approaching the bottom of the line. This would normally tell me that price should test the support again.
1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again.
15 min: Stochastic is approaching the bottom. Tells me that price should rise at some point.
5 min: Stochastic is approaching the top and hasn’t broke previous low.
• Set Buy Stop @ 0.64752 or Buy Limit @ 0.64539
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
Feeling Short on AUDUSD
Why will I enter?!
Daily: Price is in a resistance zone. Stochastic is approaching the bottom of the stochastic. This tells me that price should test support soon. Used Fib to track up to 50% of most recent low which near the support zone.
4 Hour: Stochastic is approaching the bottom of the line. This would normally tell me that price should test the support again.
1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again.
15 min: Stochastic is at the top. Tells me that price should fall at some point.
5 min: Stochastic is approaching the top and hasn’t broke the previous high.
• Set Sell Stop @ 0.71231 or Sell Limit @ 0.71368
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
NZDUSD falling in love for the weekly? (Update)
Why will I enter?!
Daily: Price is approaching a resistance zone. Stochastic is approaching the top of the stochastic. This tells me that price should test support soon. Used Fib to track up to 50% of most recent low which near the support zone.
4 Hour: Stochastic is at the top of the line. This would normally tell me that price should test the support again.
1 Hour: Stochastic is approaching the bottom of the line. This tells me that price should test the support again.
15 min: Stochastic is approaching the bottom. Tells me that price should test the support again.
5 min: Stochastic is at the top and hasn’t broke the previous high.
• Set Sell Limit @ 0.66929 or Market Execution
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
CHFJPY Falling in love with the Weekly?
Why did I enter?!
Weekly: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent high which near the resistance zone.
Daily: Price is near the top of the stochastic as well.
4 Hour: Stochastic is at the top of line as well.
15 min: Stochastic is at the top line with new lows being created.
5 min: New lows being created!
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
CADJPY should fall in love on the Daily!
Why did I enter?!
Daily: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent low which is in the support zone.
4 Hour: Stochastic is at the top line as well.
15 min: New low present with price testing the recent high.
5 min: No new highs are being created.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
Feeling long for NZDJPYI marked this up on Sunday and feel like the move is finally close to being ready! Price is currently in a support zone and since August, it seems like price bounces off to the upside. Price should at least challenge 50% of the most recent high and if lucky, price should literally enter the top resistance box at some point. I try to keep my analysis as simple as possible.
If you agree, go ahead and like or follow!
I'm new to trading and am looking to build and network with this awesome community!
Classic Charting - Be ready to make your move.Simple,
What is the best best indicator? The chart its self.
Then its up to you! I like to use nothing but RSI, fib, Gann, and type "Theory's and techniques and no, I am not a Gann wizard. Its just cool to use some off his techniques if you can.
Honestly I read Candice Brown more than anything. Trade on the side for fun.
RSI Divergence, support and resistance.
USDCAD Long Opportunity USDCAD – USDCAD Is a Powerful Pair! FEEL FREE TO GO SMALLER!
Buy __ __ USDCAD at 1.32176 (NOW) -> sl: 1.31001 tp: 1.35113 (small lot – or half of normal small lot)
On 1.00 Lot:
SL = -117pips & -$889
TP = +293pips & +$2,222
Little cluttered, more for us to monitor than a clean setup:
CXY looks like it will drop hard.
BUT DXY still runs the show and weakness is still expected.
GO SMALL!
EURUSD Short EntriesMultiple Short Opportunities on EURUSD
From Monthly to H4 Timeframes.
Quarter of Normal "Small Lot" (1/4th)
Small Lot = 0.05 per $1,000 *Balance* MAXIMUM
EURUSD Weekly/Monthly Short *Long Term* Trade
Sell EURUSDi at 1.18029 (NOW) -> sl: 1.21091 tp: 1.09109
On 0.25 lot :
SL = -306pips & -$765
TP = +892pips & +$2,230
We want to get into this trade.
We will be adding positions as it develops.
The Monthly DXY & EXY Charts Look Great.
Gold short trade idea Good morning traders today i am having a look at GOLD, i am of the opinion that gold is going to fall in value today as a result of the economic news that is coming up at the start of the New York session. i have put my stops just above the highs of the week and i would like to ride the correction to form a lower low on price action and then enter another trade going short once a bear trend starts to form.
GBPUSD can fill our pockets with +4000 PipsHI everyone,
We all know the Dollar is losing his power after FED printed a lot of money to stimulate the Country.
So, GBPUSD is on a bullish trend.
We've used Fibonnacii + PA studies to understand and
We have the FIBO level at almost 1.35
Enjoy and plan your trade
I'm on some long positions right now.
FINANCIAL MOVE FOREX