CADCHF UPDATE This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
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Update
GOLD TAKE PROFITSGood day, snipers. Our previous analysis played out well on Gold and still going up. Place SL at entry for a risk free trade. Enjoy the free money
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Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
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+350 +300 + 200 pips In a single trade Without any DrawdownHello Traders! When I entered first Buy i told you we will not just wait and watch we will add more trades for maximum profit from this single trade and we ended up with 800 pips profit. Its Huge Milestone.
This is the power of my strategy, there is no comparison of my strategy because it does not need any indicator nor it need any support and resistance strategy. It just a calculation.
It take 1 month for EURUSD to move to its target, if we had closed it early then there was no trade other than this one. First Entry ends in 350 pips profit second entry was also perfect which ends with 300 pips profit and third entry gave us 200 pips profit and fourth entry didn't triggered.
Just hit the like button if you want these type of trades in future. I will also Start telegram group in coming month.
Entry 1
Entry 2
Entry 3
Update On CADJPYPreviously, we opened a long position on CADJPY around 78.550, but closed it around 79.000 as the bulls began to show signs of weakness which was confirmed by a candlestick pattern. For now, we will not be trading this pair until an opportunity presents itself. At present, we will be looking for long positions once price reaches the supportive trendline again. If price does not reach here, or does not show signs of rejection at this zone, we will not open any positions.
Always wait for the market to make a move and then open positions if your strategy is satisfied.
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Best of luck traders!
EURUSD Update Set third entryHello Traders! We are in Buy in Eurusd from 1.1220 that we entered on 29th june, As I told you Eurusd is moving towards 1.1570 and we will enter more trades on correct time for maximum profit from one trade.
First entry is in 180 pips profit and second entry is in 110 pips profit now set third entry at the support area we might enter fourth entry near 1.1450.
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First entry
Second entry
Update on EURUSDPreviously, we went short on EURUSD at the resistance zone; our target was reached. Now, we will look to reanalyse EURUSD and wait for another opportunity to present itself. EURUSD is currently at a supportive trendline, presenting an opportunity for bulls to go long, aiming for the resistance zone.
Bears, however, can wait for a break and retest of the supportive trendline before going short on the pair.
Traders should ideally wait for the market to make a move and give a valid entry that satisfies their strategy before opening a position. Do not open positions based on your (or anyone's) predictions.
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Best of luck traders!
CHFJPY Short On RetracementCHFJPY has finally been rejected by the resistance zone. Traders who viewed my previous analysis and took the short would be in good profits right now. Bears can look to enter (or re-enter) short positions on a retracement. Ideally, CHFJPY should retrace closer to the resistance zone to give a higher probability short setup. Once CHJPY retraces deeper, bears should monitor the pair and wait until it gives a valid entry that satisfies their strategy.
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Best of luck traders!
XAUUSD BUY TO 1801Hello Traders! This is the update of previous buy. You can enter a buy here. I am expecting market to hit 1793 & little retracement before hitting our 1801 Target. Set stoploss @ 1756.
Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly and remember to share ideas.
Update on USDZARPreviously we were interested in shorting USDZAR. The take profit was hit on the USDZAR Short (2.78%) and now we will wait for another opportunity to present itself.
USDZAR is rapidly approaching a supportive trendline, presenting a opportunity to go long at the trendline. However, traders should also be aware that USDZAR is also following along a resistive trendline, meaning that USDZAR could break below the supportive trendline and continue heading down.
Once price is at the supportive trendline, we will monitor it and wait for a good opportunity to present itself. We will only open a position if price action gives us a valid entry.
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Best of luck traders!
Update on GBPJPYGBPJPY was held up nicely by the support zone and the supportive trendline, and managed to break the counter-trendline. GBPJPY has retested the broken counter-trendline and price action is still giving bullish signs. Bulls can go long after price pushes past the previous high on a hour timeframe.
Use proper risk management and manage your trade well.
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Best of luck traders!
CHFJPY Update and Short OpportunityCHFJPY reached our target at the resistance zone. Traders who viewed my previous idea on CHFJPY may have taken long positions and profited from it (see my idea below).
Now that CHFJPY has reached the resistance zone, we can closely monitor price around the zone to look for our next opportunity. Price is currently moving along a supportive trendline, which could push price back into the resistance zone. The would mean a possible double top pattern forming, giving bears greater probabilities of a successful short.
Beyond this, CHFJPY is forming a double top pattern on the daily timeframe as well, giving a good probability of an upcoming bearish move.
Ideally, bears should wait for price to reach the resistance zone again and/or an impulsive break of the supportive trendline. A short position can then be opened with a stop loss above the resistance zone.
Be sure to follow me for more ideas and analyses. Leave a comment with your thoughts below, all input is appreciated.
Best of luck traders!
Update on CHFJPY This is an update on my last analysis on CHFJPY. It took a bit of a while, but CHFJPY eventually made its way upwards. Those who took the trade can keep trailing their stop until we reach our target as the resistance zone.
Those who have not entered earlier can look for entries along the supportive trendline with a target at the resistance zone. However, this is higher risk and presents lower risk to reward rations. Be cautious when entering and use proper risk management.
Check out my previous CHFJPY analysis to understand why we went long on this trade. Be sure to follow me for more ideas analyses.
Best of luck traders!
GBPUSD Buy Opportunity/ Institutional TradingGBPUSD has reached it's mitigation zone on the 2H timeframe. From this point it should rally to my first TP zone and possibly sell off after/ it could even push up to my second TP zone. We shall see when it gets there... but I think its most probably going to sell. Use proper Risk Management and Safe trading.
Please feel free to comment, your opinion matters. :)
AUDCAD UPDATE! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
EURUSD UpdateIn my last idea published, I spoke about looking to go long on EURUSD at the supportive trendline and yellow zone plotted on the chart. See my other post for a detailed breakdown of this setup. Price is now in this zone, presenting a possible inverse head and shoulders pattern and a bounce off of the supportive trendline. Ideally, traders should monitor price action in this zone, and make use of pending orders to get into a long position. A suitable area for a low-risk stop loss is a few pips below the yellow zone and supportive trendline.
Be sure to follow me for more ideas and analyses. Leave a comment with your thoughts below.
Best of luck traders!
Gold followed the buy setup perfectly!As i posted before, gold retested the neckline perfectly and flied to the target directly.
Congratulations to everyone who catches the trade.
22/06/2020RSI in over extended territory, BBS well over extended.
MFI showing alot of cash flowing in, though I have noticed that this indicator does and has shown high vo;ume with pumps in price.
The MACD seems quite confused though is bullish and Stochs are showing overbought...
I would be careful of this pump, I do believe this could very well be a fake out. It has bypassed multiple resistance and long term trend lines of resistance in a very short period of time (although I am using the 4 hour) but still, I would not FOMO in if not already in a trade, wait until things settle down a bit then decide what to do.
Thanks!