Long for the gap fill. I like to play the 3/4th fill because it usually makes another move down around that area, to which you can play the rest of the gap fill. Make the gap play small remember they can stay open forever so take the easy money safely. People tend to overtrade gaps with the knowledge they will eventually close. Which creates an overtrading situation.
Ive been on and off trading view for years. I found out yesterday they had multi-windows templaters. Shame on me, it was something that I hated so much about TV lol. Here we are with 4 easy trades all worth a little more than the rest. Yes, I broke down my trade into 4 I really like the way it all lines up...Except for the daily. If it breaks its current low we...
Sorry ive been away a couple of days. I'm in the middle of a move and will be gone a couple more days too. I wanted to update this usdjpy inverse. Looks good still as long as price can fight its way through the 109 area. I think we will see a big move soon so be aware of a huge fakeout before that begins.
Well pretty much same same but different here on the UJ. I Like the upside. I like the potential huge inverse head and shoulder. I like longs!
I rarely trade the EURUSD but it has been quite uniform lately. I prefer the upside here but the last candle is ugly. Regardless I think we push to harmony eventually here Im long
Last monthly was rather bullish candle being an inverted hammer., Bouncing form the monthly trendline. Not sure hwo many other signs we want but you can throw in a 4 hour falling wedge thats retested the wedge AND the monthly Trendline. Its one of those situations that so obvious youll kick yourself if you dont enter. However also if this breaks its bye bye...
Someone asked me why i got stopped out of so many trades today I said because I stay on the side of money management always When trading large time frames I often have tighter than usual stops. Yes i get stopped out for 10-20 pips . But the reason I am okay with this is it lets me get right back into the same position with a pending trade, so I know when price...
The EURUSD is one of those charts I follow but never trade. It helps to judge the trajectory of other pairs but its traded so much it makes it garbage to be in , of course this is my opinion. I see a nice bullish situation happening. Take a long. Trail it with a stop. Break even asap. Dont be greedy Not on this pair. Ive been watching this level for awhile and...
I havent really posted much on TV in a while, but started using Tradovate and cant trade form the platform so it makes things a lot easier to post. I love this GBPAUD setup. As long as we stay in this channel and move down I think we will continue to the trendline. This is a 9-1 RR so its impossible to pass up. A more conservative approach would wait for the...
Nice simple chart on the gbpjpy here. I see everyone wants to throw 500 indicators on their page these days. Indicators are lackluster. Rest assured if you have RSI macD stoch or any other basic indicator on your charts you are doing it wrong. Ive seen a couple decent indicators, but they dont show me anything I cant see by looking at a naked chart. Simple...
Someone asked me why not have more flash with my post and on my charts. I said while you are making your chart flashy to get rep points Im making money. Of course I analyze many things per trade I dont need to point it all over my chart to make it fancy. Profit is fancy These cheeky little trades like this are my favorite. Gonna take this long and trail it up...
Ever since i started trading futures Ive really had a great time. One thing I have learned is take your pips and get the F out. Nothing hurts like the ND rolling back on you for 289179128731892 pips before you know what happened. Anyway Ive seen this pattern a million times around this same time. Is this a nice W bottom with awesome bullish potential? Yes it...
Ah hell I almost missed this beauty right here. This is a glorious looking situation. TO be safe can throw a pending over the current action. I would target 84.50 85 range somewhere. Use the channel +20 pips as a stop loss Of everything Ive seen today this is the best looking so far
If the EURUSD is going to turn around, its going to do so in the next 100 or so pips. I would expect a strong overthrow an nice wick below shown trend line to make it bearish, on the other hand if it breaks this area and continues up we could be in for quite a ride north. IE much more dollar weakness. Lets observe the news tonight for more information.
This chart still has the same parameters of my UZar trade in the last weeks. Since we took profit on that chart I decided to post another chart of the same trade, this morning things got to bottom of support so I decided to jump back in. The previous trades stop would never have been hit had we remained in the trade however i prefer to take profit when possible. I...
The Dollar has been under a lot of pressure lately. I think it could be a rough year but its still pretty early. That being said we will most likely see a short retrace before continuing any fall. Simple SD trade, I will move my stop to profit as usual when I have the chance.
I almost pulled the trigger yesterday when i posted this, however we just could not get a clean break of the trend line as I said i wanted. Now today I think this is a decent looking trade with over 2 to 1 risk reward potential. Parameters on the actual chart.