US
EURUSD: Important Bearish Breakout!
good morning, traders!
EURUSD has violated a support line of a rising parallel channel on 4H.
high momentum bearish candle confirms a strong bearish sentiment.
to catch a bearish continuation, I would suggest being focused on a local expanding blue supply area.
I will look for an hourly reversal pattern within that to short the market.
first goal will be 1.17
good luck!
USDCAD: Time to Grow
USDCAD has formed an inverted head and shoulders formation on 4H.
during this night the price has successfully violated the horizontal neckline and closed above that.
now bullish continuation is highly probable.
if you missed buy entry here, I would suggest entering on retest.
goals:
1.318
1.320
Nas100 TP3 hitNas100 trade TP3 hit!
With our stocks strategy we work to a TP3 target.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
US500 - approaching TP3S&P500 approaching TP3
With our stocks strategy we work to a TP3 target.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
Tesla Top-Down AnalysisTesla is forming a symmetrical triangle that is bilateral that can be broken on either side.
However, our red trendlines are not valid yet.
So we are waiting for a new swing high to form around the upper red trendline to consider it valid and enter on its break upward.
Or we are waiting for a new swing low to form around the lower red trendline to consider it valid and enter on its break downward.
By break: we mean a candle close.
Good luck!
10 Year T-Note Futures Hello Friends - welcome to another analysis
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As we see that the ZN1 market is in a downward trend then we notice a larger green volume with the wick candle low
it is the start of an impulse that means that the market will increase
so you can buy ZN1 stocks and earn money
and as I always say " you should not trade at any time you have to trade at the right time possible "
Thank you
USDCAD | SWING - 4 Oct. 2020Hello my friend | Welcome Back.
Please support this idea with LIKE if you find it useful.
***
After breaking the downtrend and retesting the broken area, we will notice a new rise to Fibonacci level 0.61.
***
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
***
The information given is not a Financial Advice.
BTCUSD Apple GBPUSD EURUSD XAUUSD AUDUSD
EURGBP NZDUSD USDCHF USDJPY
AUDUSD: Strong Resistance Ahead!!!
AUDUSD is very close to a strong daily supply area.
this area is based on a broken support line of a major rising channel and the last horizontal higher low level.
bearish reaction from that zone will be expected.
I am planning my entry on 1h/4h charts and will wait for a confirmation before entering the trade.
goal for sellers 0.705
good luck!
USDCAD | SWING - 2 Oct. 2020Hello my friend | Welcome Back.
Please support this idea with LIKE if you find it useful.
***
It may swing at the trend line if the trend line is broken, and it is the support that will go according to the scenario that you set.
***
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
***
The information given is not a Financial Advice.
BTCUSD Apple GBPUSD EURUSD XAUUSD AUDUSD
EURGBP NZDUSD USDCHF USDJPY
EURUSD: Multi Time Frame Analysis & Important Breakout
hey traders,
EURUSD reached a strong zone of confluence yesterday.
price hit a perfect match of a resistance line of a falling channel and horizontal resistance based on the last higher low on a daily.
after testing that area, the price broke below a support line of a rising wedge pattern on 4H.
moreover, the price has violated a neckline of a head and shoulders formation on hourly chart.
we see many many bearish signals and now the price is slightly recovering.
the expanding area between a neckline and broken support of the wedge will be a perfect zone for us to short the pair.
target levels:
1.169
1.165