Golden_Spur

Golden_Spur

It is observed that Bull run is continuing over the Daily time frame. One can safely take Long trade on daily time frame or can take a few SHORT trades followed by LONG trades. Therefore, I'll recommend taking entry by placing Limit Buy Order at Fib 0.38 . Keep risk 1% and set TPs accordingly. My traded prices are mentioned on the price chart. Happy Trading.

Golden_Spur Updated 

Once price chart retraces, take entry at 0.38 Fib level. Keeping S/L at previous HL and T/P at 1% Risk/Reward.

Golden_Spur

AUS200 - Bullish Trend on Daily time Frame Analyzing previous data, one can see that after making HH, trend retraces to Fib 0.38 always and Fib 0.5 most of the time and Fib 0.61 occasionally. Moreover, bullish trend continues for 10 to 12 days and then re-traces for 3 to 5 days. And then again it resumes its upward trend. Therefore, two types of trades can be...

Golden_Spur

SHORT trade is in order. Trend lines on RSI-14 and CandleStick chart are augmenting each other towards Bearish trend establishment. Therefore, place entry as per Fibonacci retracement at 0.38 for entry. S/L should be previous LH. Set TP as per risk/reward ratio of 1%.

Golden_Spur

Bearish Trend Line on chart and RSI-14 are in same direction, indicating continuation of trend. So SHORT trade is in order.

Golden_Spur

Both Bearish Trend Line and RSI-14 trend line are augmenting each other suggesting that it is likely to go continue in bearish trend for next few hours. A SHORT trade is in order through Sell Limit Order.

Golden_Spur

On 1 hr scale, Bearish engulf is seen which is giving impression as if bearish trend will persist. Time to take SHORT Trade.

Golden_Spur

On 1 Hr candle, Bearish engulfing candle is seen indicating likely to overtake bullish resistance to continue in longer Bearish trend. Time to take SHORT trade.

Golden_Spur

Tweezer Top indicates reversal of trend to Bearish. SHORT Trade is on. Buy from Market and then adjust S/L and T/Ps. Keeping risk to 1%

Golden_Spur

Due to presence of Bullish engulf, wait till candle closes on high. Take entry for Long on Market order. Set S/L on previous LL. Set TP as per the calculation on 2% Risk Reward ratio.

Golden_Spur

Tweezer Bottom is seen indicating a reversal of trend. Take trade at Market buy order. Then adjust the TP and S/L as per risk reward ratio. preferably keeping it to 2%.

Golden_Spur

On 1 Hr candle appearance of trend reversal is observed by seeing Harami pattern appearing. Time to take entry at market price. Keep risk @1% and take two trades with Risk Reward Ratio of 1:1 and 1:2 respectively. Calculate TP values using Excel Sheet provided by Sarmaaya.pk . You need to provide Entry Value, Stop Loss, Risk %age, contract size and Equity. You...

Golden_Spur Updated 

On 4 Hour scale, HARAMI was observed followed by Bullish Engulf. Therefore, Long trade is in order. Take entry at Market price by placing two Buy Orders of same LOT size. By utilizing "Position Size Calculator" available at Sarmaaya.pk website, first calculate LOT Size by entering parameters of Stop Loss, Entry Value and Risk %age. Keep Stop Loss at previous...

Golden_Spur

On 1 hour Candle Take entry at HL just after watching the Hamer. With strategy to keep total Risk level at 2%, Take first trade with TP set at 1:1 Risk : Reward and then set second trade's TP at 2% Risk : Reward level.

Golden_Spur

On 10 Min scale it is showing bearish trend. Time to take Short Trade with minimal margins.

Golden_Spur

BTC/USDT is showing continuous bearish trend. It is time to take Short Trade.

Golden_Spur

On 4 house scale looks like trend is going to continue as per Dow theory it is printing HH and HL for the past few days now.

Golden_Spur

On 4 hour Candle USDJPY is looking like Bullish trend as chart is posting continuous series of Higher High followed by Higher Low in compliance with DOW theory. Therefore, I would like to take entry if previous Higher High is crossed in upwards trend. To limit the risk of loss in case of Reversal of trend, I'll put Stop Loss at previous Higher Low.