Cmasterza

Cmasterza

This pair looks to possibly be setting up for a good short position. # Support broken and # Possibly tested as resistance # Fibonacci 61.8% retracement level could come into play # Price action will confirm To receive live updates in real time feel free to join Forex Bootcamp using the Telegram link below. Keen to learn to trade using pure price action? You can...

Cmasterza

# Price has reached the resistance level of the ascending trend line # This zone is also the 61.8% fibo retracement # Bearish engulfing signal completed # Shorting at market price 110.392 # Sl just above the recent high at 110.778 and # Tp lower down above support at 109.397

Cmasterza

Price is currently trading within an ascending triangle pattern when viewing on the weekly time frame, refer to the attached link for the chart view (). If price reaches the supportive trend line, price action can be applied to look for a buy signal unless the trend line is broken to the down side... For now my focus is on the D1 time frame where I have spotted a...

Cmasterza

# Price has reached the previous swing high # Resistance level is holding (so far) # Did you see the massive double bottom? Price is at the neck line now The market is still bullish until market structure changes. At this stage my expectation is for price to do one of these things: 1. Break through resistance, possibly test resistance as support and push...

Cmasterza

That was a spectacular drive by the bulls yesterday. I lost a manual sell order and have a long term buy in that is currently 133 pips in profit at the time of writing this tutorial. So let me get down to the key points on the table for gold, # Price is trending bullish so buying is favorable # Price broke out of a falling wedge pattern to the up side (bullish...

Cmasterza

# Support broken # Tested as resistance # Sell signal printed Selling at market price @ 109.668 with # SL @ 109.890 and # TP @ 109.099 To learn more about this trading system/strategy please feel free to join my mailing list at www.profitfxza.com As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)

Cmasterza

# Price is currently trading in a down channel # Channel resistance was met as well as the resistance level and pivot at 1286.50 # The previous candle printed a doji that pinned the 21MA (sell signal) # Targeting support at 1270 Entered short @ market price 1283.05 # SL @ 1290.14 # TP @ 1270 provisionally To learn how to trade pure price action, please feel...

Cmasterza

# Support broken # Inside bar pattern printed and validated with a candle breaking the low Selling at market price 1.11810 with # SL above the inside bar @ 1.12069 and # TP lower down targeting the previous swing low @ 1.11297 As usual don't bet the farm, good risk management won't kill you but the lack thereof could :) Follow me in Forex Bootcamp using the...

Cmasterza

Trading pure price action here...using H2 time frame # Price has broken the support # Then pinned from the under side (as resistance) # Sell signal printed (inverted hammer) # Also note the inside bar pattern and the hammer as the fakey... Selling at market price 0.69911 with my levels as follows: # SL above the 0.7000 pivot/resistance/pinned level # Tp lower...

Cmasterza

NZDCHF view as on D1 The triangle pattern marked is indicated by the MT4 indicator Markup Buddy. This indicator is excellent in drawing key support and resistance levels where chart patterns then come forward. # For more information on Markup buddy please read here www.profitfxza.com See my analysis below while using this tool: # Price has printed a buy...

Cmasterza

EURUSD view on H4 Note the lower highs that has formed indicating a bearish trend. The triangle pattern marked is indicated by the MT4 indicator Markup Buddy. This indicator is excellent in drawing key support and resistance levels where chart patterns then come forward. # For more information on Markup buddy please read here www.profitfxza.com See my...

Cmasterza

# Downward trend line indicating lower highs # Sell signal printed around the trend line (resistance) I have sold at market price @ 145.720 with # SL just above the sell signal (inverted hammer) # TP lower down around support @ 144.00 As usual don't bet the farm, good risk management won't kill you but the lack thereof could :) Follow me in Forex Bootcamp...

Cmasterza

USDCHF view as on D1 The triangle pattern marked is indicated by the MT4 indicator Markup Buddy. This indicator is excellent in drawing key support and resistance levels where chart patterns then come forward. # For more information on Markup buddy please read here www.profitfxza.com See my analysis below while using this tool: # Clear breakout of the...

Cmasterza

# Lower highs formed # Support turn resistance re-tested and pinned # Bearish engulfing candle pattern completed (sell signal) I am selling at market price @ 1.12003 with # SL above the bearish engulfing @ 1.12430 and # TP lower down at support @ 1.11215 As usual don't bet the farm, good risk management won't kill you but the lack thereof could :) Follow me...

Cmasterza

Price has been trading downwards inside the falling channel so I am looking for selling opportunities. # Bearish engulfing candle pattern formed around the resistance area (sell signal) signalling a potential bearish move I have opened a sell order at market price 0.66676 with # SL above the recent high @ 0.66994 # TP lower down at the swing low @ 0.65908 As...

Cmasterza

# Classic breakout and retest setup. Resistance popped and price came back to test as support and print a hammer (buy signal). If you switch to the daily time frame and look at the previous high its a long way to go, so with 163 pip reward the cost of opportunity of 30 pips sure is worth it! # I have bought at market price 1.34834 # Stop loss 30 pips below the...

Cmasterza

This is a simple yet effective strategy that offers great risk to reward ratios and a good strike rate. The RSI is heavily oversold so I am looking for a buy signal and an inverted hammer has been completed. This is enough reason for me to enter the trade... # RSI oversold so looking to buy # Buy signal printed (inverted hammer) I have bought at market price...

Cmasterza

# Price is around the demand zone # Bullish railroad track candle pattern printed (buy signal) Buying at market price 145.318 # Stop loss just below support @ 144.630 # Take profit higher up below resistance @ 146.832 As usual don't bet the farm, good risk management won't kill you but the lack thereof could :) Follow me in Forex Bootcamp using the Telegram link below