CompositeTrader

CompositeTrader Updated  Dec 27, 2019

Silver is consolidating in the main Trading Range after creating the Distribution Schematic. A visit to the Range High in order to gather the enough fuel for the next pullback to the below of the Range, is the trigger for the short position. Entry: 17.49 SL: 18.01 TP-1: 16.51 TP-2: 15.66 R/R: 3.52 ‪Please let me know if you have any suggestions or any ideas...

CompositeTrader Updated  Dec 7, 2019

Turkey Stock Market has reentered to the Trading Range. Even though there might be some consolidation in the Demand OB, current structure indicates this downward momentum won’t stop until reaching the Range Low and gathering the enough liquidity. Entry: 88500 SL: 83400 TP-1: 98900 TP-2: 103900 TP-3: 108900 R/R: 4 ‪Please let me know if you have any...

CompositeTrader Updated  Dec 5, 2019

The Distribution Schematic #2, by Richard Wyckoff: bit.ly UK100 is currently in Phase D and has already done a Bearish SFP, which indicates a possible downtrend. This seems like a nice example of the Distribution Schematic #2 and also has a fundamental background due to #Brexit. Rest is Risk Management. Entry: 7390 SL: 7810 TP-1: 6910 TP-2: 6610 TP-3:...

CompositeTrader Updated  Nov 14, 2019

Gold is having a hard time to manage to stay in the Trading Range. It seems like the current buy demand is not enough for it to continue its uptrend. Hence, a visit to the Demand OB below, might be the necessary move to gather the enough fuel. Afterwards we can expect a strong bullish trend continuum. Entry: 1454 SL: 1399 TP-1: 1534 TP-2: 1569 TP-3: 1616 R/R:...

CompositeTrader Updated  Nov 14, 2019

ChainLink has been standing strong with a significant volume for a month even though most of the Crypto Market is showing bearishness. It is still in the Trading Range but it seems that the accumulation phase is already over. Pump is coming. Entry: 2.51 SL: 2.17 TP-1: 3.35 TP-2: 3.87 R/R: 4 ‪Please let me know if you have any suggestions or any ideas to add....

CompositeTrader Updated  Nov 14, 2019

Bitcoin managed to get back in the Trading Range and is now consolidating. Even though the recent uptrend seems bullish; the way that it ended, creates a conflict. To wait for a possible retest of a breakdown, seems like the wisest choice. Entry: 8990 SL: 9960 TP-1: 7760 TP-2: 7010 TP-3: 6060 R/R: 3 ‪Please let me know if you have any suggestions or any ideas...

CompositeTrader Updated  Nov 7, 2019

‪Euro is finally showing a proper strength against Dollar. It broke out the Trading Range with a strong momentum and a decent volume. The retracement should visit the Demand OB first and then, the upward movement to the Supply OB shall continue.‬ Entry: 1.106 SL: 1.098 TP-1: 1.118 TP-2: 1.124 R/R: 2.25 ‪Please let me know if you have any suggestions or any...

CompositeTrader Updated  Oct 31, 2019

Crude Oil has found a support on the Equilibrium Zone of the Trading Range, again. This accumulation in the upper range seems like it will coming to an end. On the other hand, it needs to reclaim the Pivot first and then the Range High. Entry: 54.6 SL: 49.9 TP-1: 62.4 TP-2: 66.4 TP-3: 72.4 TP-4: 81.4 R/R: 5.7 ‪Please let me know if you have any suggestions or...

CompositeTrader Updated  Oct 31, 2019

Dollar is showing strength against Japanese Yen. Even though it hasn’t broken out the Trading Range yet, the accumulation and the recent uptrend shows some sign of strength. A visit to the Demand OB shall provide the fuel for the next bull trend. Entry: 108.1 SL: 106.9 TP-1: 109.9 TP-2: 110.9 TP-3: 112.4 R/R: 3.58 ‪Please let me know if you have any...

CompositeTrader Updated  Oct 26, 2019

Bitcoin is consolidating inside the Trading Range and doesn’t seem like it has enough buy pressure to reverse this downtrend, just yet. Although there might be a fake pump into the Supply OB above, in order to gather the enough liquidity and that, is where our entry initiates. Entry: 8989 SL: 10311 TP-1: 6911 TP-2: 5811 R/R: 2.4 ‪Please let me know if you...

CompositeTrader Updated  Oct 23, 2019

SP500 is still consolidating above the Range High and needs to break out the Key OB. The direct proportion between the volume and the price action (higher highs and higher lows) is indicating that this distribution isn’t done until it reaches its targets. Entry: 2881 SL: 2719 TP-1: 3089 TP-2: 3219 R/R: 2.09 ‪Please let me know if you have any suggestions or...

CompositeTrader Updated  Oct 21, 2019

Dollar is back at consolidating in the Trading Range against Swiss Franc. It reached to its first level and there are two more levels remaining but it can still visit the EQ below. Even so, it has more potential for upwards rather than downwards. Entry: 0.986 SL: 0.975 TP-1: 1.001 TP-2: 1.011 TP-3: 1.021 R/R: 3.18 ‪Please let me know if you have any...

CompositeTrader Updated  Oct 10, 2019

Pound is keep showing weakness against Dollar. Even though shorting at the Range High seems like a good idea, there is still untouched liquidity above. This setup gives a better R/R although being less likely to happen. Playing safe is important. Entry: 1.2419 SL: 1.2511 TP-1: 1.2211 TP-2: 1.2111 TP-3: 1.1971 R/R: 4.87 ‪Please let me know if you have any...

CompositeTrader Updated  Oct 9, 2019

Ethereum has got back in the Trading Range after a significant Bear Trap. Most of the bears are already got hunted and if not, will be hunted in the next up move along with the hopes of the bulls. That intersection of both, is where our entry initiates. Entry: 187.9 SL: 208.1 TP-1: 152.1 TP-2: 132.1 R/R: 2.76 ‪Please let me know if you have any suggestions or...

CompositeTrader Updated  Oct 7, 2019

Dollar has found a support at the Range Low against Japanese Yen. Although, it is still stuck between the Range and the OB. So, in order to get in a safe position, waiting for the breakout and longing the retest would be the wise thing to do. Entry: 107.11 SL: 106.39 TP-1: 107.99 TP-2: 108.64 R/R: 2.13 ‪Please let me know if you have any suggestions or any...

CompositeTrader Updated  Oct 7, 2019

Ripple is trying to get back in the Trading Range. Even if it manages to do so, this weak structure indicates that it will continue its downtrend after taking a visit to the previous swing high and hunting the stops above it. That visit, is our initiation. Entry: 0.267 SL: 0.288 TP-1: 0.214 TP-2: 0.169 R/R: 4.67 ‪Please let me know if you have any suggestions...

CompositeTrader Updated  Oct 3, 2019

‪Euro got back in the Trading Range against Dollar. A consolidation just above the Lower Range and then a touch to the Supply OB might cause the next downtrend. Until then, shorting seems as much risky as longing. Waiting for the right opportunity.‬ Entry: 1.0990 SL: 1.1031 TP-1: 1.0927 TP-2: 1.0876 R/R: 2.78 ‪Please let me know if you have any suggestions or...

CompositeTrader Updated  Apr 16, 2019

Forex Currency Pairs EUR/USD (1W) Entry: 1.16984 SL: 1.18516 (1.31%) TP: 1.10036 (5.94%) R/R: 4.54