Market structure: Range Setup: False Break/ retest Support False Break candlestick pattern: Hammer / Bullish engulfing Entry: looking to enter when price retest support around 149.400. area Stop loss: 1 ATR stop loss at swing low Take profit: take profit around 154.220 Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence...
Market structure: Downtrend, Short bias Setup: Trend continuation Trend continuation candlestick pattern: Bear flag, tight consolidation Entry: notice there a tight consolidation around 1.04360 and price support by 20MA Stop loss: 1 ATR stop loss at swing swing high 1.05420 Take profit: will trail using 5 ATR stop Loss Disclaimer: Below simple trading idea is...
Market structure: Range Setup: Trend continuation Trend continuation candlestick pattern: Bull flag Entry: Range market, price currently moving away from support making a bull flag pattern, looking to enter when price break across bull flag swing high around 1.70490 area Stop loss: 1 ATR stop loss at swing low of bull flag pattern Take profit: will trail using 5...
Market structure: DownTrend, Short Bias Setup: False Break/ retest resistance False Break candlestick pattern: shooting star / Bearish engulfing Entry: Long Bias, looking to enter when price retest previous support turn resistance around 1.42870 area Stop loss: 1 ATR stop loss at swing high when retest resistance around Take profit: will trail using 5 ATR stop...
Market structure: UpTrend, Long Bias Setup: False Break/ retest support False Break candlestick pattern: Hammer/ Bullish engulfing Entry: Long Bias, looking to enter when price retest previous resistance turn support around 122.650 area Stop loss: 1 ATR stop loss at swing low when retest support around 122.030 Take profit: 2 point to look into for take profit,...
Market structure: Uptrend, price might retest previous resistance turn support Setup: False Break/ Retest previous resistance turn support False Break candlestick pattern: Hammer / Bullish engulfing To look for trading opportunities when price retest previous resistance turn support at around 361.00 area. Stop loss: 1 ATR stop loss taking reference from the...
Key to become consistently profitable trader is to be patience and discipline Don't ever bend the rules thinking it will work just as well. it won't Don't be greedy. No matter how good the trade setup looks, stick to your rules and your predetermined order size. Trading can get boring, there are many times when nothing is happening in the market. Have patience...
Market structure: Uptrend, price might retest previous resistance turn support, price respecting 50MA Setup: False Break/ Retest previous resistance turn support False Break candlestick pattern: Hammer / Bullish engulfing To look for trading opportunities when price retest previous resistance turn support at around 34.30 area. Stop loss: 1 ATR stop loss taking...
Market structure: Uptrend, price might retest previous resistance turn support, price respecting 50MA Setup: False Break/ Retest previous resistance turn support False Break candlestick pattern: Hammer / Bullish engulfing To look for trading opportunities when price retest previous resistance turn support at around 39.90 area. Stop loss: 1 ATR stop loss taking...
Market structure: DownTrend, Short Bias Setup: False Break/ retest resistance False Break candlestick pattern: Shooting star / Bearish engulfing Entry: Short Bias, looking to enter when price retest previous support turn resistance around 0.66480 area Stop loss: 1 ATR stop loss at swing high when retest resistance Take profit: 2 point to look into for take...
Market structure: Uptrend, Price at all times high Setup: Trend continuation ( what high will do higher) False Break candlestick pattern: Bullish bar, 20MA start to support price To go long on next day open or set a buy limit order at around 150.10 Stop loss: 1 ATR stop loss at 142.90 taking reference from swing low Take profit: trailing stop Disclaimer: Below...
Market structure: Uptrend, price might retest previous resistance turn support Setup: False Break/ Retest previous resistance turn support False Break candlestick pattern: Hammer / Bullish engulfing To look for trading opportunities when price retest previous resistance turn support at around 14.40 area. Stop loss: 1 ATR stop loss taking reference from the...
Market structure: Uptrend, price might retest previous resistance turn support Setup: False Break/ Retest previous resistance turn support False Break candlestick pattern: Hammer / Bullish engulfing To look for trading opportunities when price retest previous resistance turn support at around 89.10 area. Stop loss: 1 ATR stop loss taking reference from the...
Market is in a uptrend, price has been respecting 50MA with multiple retest Wait for price to retest recent swing low and 50MA with a false break showing buyer still in control . False Break candlestick pattern: Hammer / engulfing Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Market structure: Uptrend Setup: Breakout Currently market is in an uptrend, Price consolidating around 21.00 - 23.78, having a confluence of 20MA starting to support the price, looking forward for price to go higher if price break through 23.90 area. Will trail stop loss accordingly to my trading rules. Disclaimer: Below simple trading idea is just for sharing,...
Market structure: Range Setup: Trend Continuation Currently market is some how in a range, Price start to create new higher low from daily S/R consolidating around 0.87200 - 0.86740, to go long when price create a new higher high which is around 0.87340. Having 2 take profit in mind: 1st take profit is 8 hours time frame previous support turn resistance 2nd take...
Market structure: Uptrend, Price respecting 50MA, 5 consecutive positive earning. Trend continuation candlestick pattern: Price have just break and close above resistance at 17.60. Will enter on the next day open Stop loss: 1 ATR below recent swing low at 14.70 Take profit: will trail accordingly Disclaimer: Below simple trading idea is just for sharing,...
Market structure: Uptrend, price at all times high Setup: False Break/ Retest previous resistance turn support False Break candlestick pattern: Hammer / Bullish engulfing To look for trading opportunities when price retest previous resistance turn support at around 93.30 area. Stop loss: 1 ATR below swing low Take profit: trailing stop loss Disclaimer: Below...