Hey Rich Friends, Happy Monday! It's a new week which means many new opportunities to get into the market...but it doesn't mean that you have to take all of them. Make sure you focus on finding the best setups by sticking to your plan and following your confirmation checklist. The best out of 25 will give you a good idea of your win/loss ratio. If you are...
Hey Rich Friends, I forgot to post the initial idea for this EU Bearish move but I was happy to see the market went in my favor! I analyzed the market around 10:00 AM EST on July 24, 2003, to get my confirmations and set a sell limit at 1.10850. When I am looking for a sale, here are the things I look for with my strategy: 1. Candles are forming below one or...
- Bullish engulfing candle crossed above the 200 EMA. Bullish conditions met. - MOM facing up and above 0. Bullish conditions met. - STOCH facing up and the blue line is above the orange line. Bullish conditions met Buy At Market Execution Or Buy Limit At 0.62100 Or Lower SL: 0.61700 OR LOWER (40 pips or more) TP 1: 0.62500 (40 pips) 1:1RR TP 2: 0.62700 (60...
NZDUSD took a while to make this move but it finally happened! - Structure was broken on the upside confirming the Bullish trend. - Green candles crossed above both EMAs (50 and 200). Bullish conditions met. - MOM facing up and above the 0 line. Bullish conditions met. - STOCH facing up and above 50. Bullish conditions met. TP 1 and TP 2 HIT. TP 3 PENDING
- Structure was broken on the upside confirming the Bullish trend. - Green candles crossed above both EMAs (50 and 200). Bullish conditions met. - MOM facing up and above the 0 line. Bullish conditions met. - STOCH facing up and above 50. Bullish conditions met.
Looking at the EU to finally continue buying at Market Execution or Buy Limit at 1.10900. - SL 1.10500 (40 PIPS) // TP 1.11300 (40 PIPS) - Structure is broken on the upside. Bullish conditions met. - MOM facing up and above 0. Bullish conditions met. - STOCH facing up and above 50. The blue line is above the orange line. Bullish conditions met. Please use...
EU did return to my buy limit entry and hit my 40 pip TP. Original idea: Market Execution or Buy Limit at 1.10900. - SL 1.10500 (40 PIPS) // TP 1.11300 (40 PIPS) - Structure is broken on the upside. Bullish conditions met. - MOM facing up and above 0. Bullish conditions met. - STOCH facing up and above 50. The blue line is above the orange line. Bullish...
The main reason I decided to sell at Market Execution is because: 1. Candles are below both EMAs. 2. MOM is facing down and below 0. 3. STOCH is below 50. SL: 0.62550 OR HIGHER (40 pips or more) TP 1: 0.61750 (40 pips) 1:1RR TP 2: 0.61550 (60 pips) 1:1.5RR TP 3: 0.61350 (80 pips) 1:2RR Result: Pending Please Do Your Own Analysis And Use Proper Risk...
Small Bearish move made on NU! 40 pips secured from Sell Limit idea at 0.62150 SL: 0.62550 OR HIGHER (40 pips or more) TP 1: 0.61750 (+40 pips) 1:1RR TP 2: 0.61550 (60 pips) 1:1.5RR TP 3: 0.61350 (80 pips) 1:2RR Result: TP 1 HIT! ✅
Bearish idea complete! All 3 TPs were hit. 80 pips secured from Sell Limit idea at 0.62150 SL: 0.62550 OR HIGHER (40 pips or more) TP 1: 0.61750 (+40 pips) 1:1RR TP 2: 0.61550 (60 pips) 1:1.5RR TP 3: 0.61350 (80 pips) 1:2RR
Potential SELL AT MARKET EXECUTION OR SELL STOP AT 0.67100 OR HIGHER SL: 0.67500 OR HIGHER (40 pips or more) TP 1: 0.66700 (40 pips) 1:1RR TP 2: 0.66300 (80 pips) 1:2RR - Candles crossing below 200 EMA and the structure has been broken on the downside. Bearish condition met. - MOM facing down. Bearish condition met. - STOCH facing down and below 0. Bearish...
Potential SELL AT MARKET EXECUTION OR SELL STOP AT 0.67100 OR HIGHER SL: 0.67500 OR HIGHER (40 pips or more) TP 1: 0.66700 (40 pips) 1:1RR TP 2: 0.66300 (80 pips) 1:2RR - Candles crossing below 200 EMA and the structure has been broken on the downside. Bearish condition met. - MOM facing down. Bearish condition met. - STOCH facing down and below 0. Bearish...
AUDUSD is looking like it will continue to sell. It is already below the 200 EMA and has just broken structure on the downside by crossing below the 50 EMA. - MOM looks like it is on the 0 line but it is actually negative which for me is a bearish confirmation. -STOCH is below 50, facing down and the orange line is above the blue. These are also bearish...
AUDUSD actually did rapidly sell after the rate announcement at 12:30 AM EST. It is already below the 200 EMA and has just broken structure on the downside by crossing below the 50 EMA. - MOM looks like it is on the 0 line but it is actually negative which for me is a bearish confirmation. -STOCH is below 50, facing down and the orange line is above the blue....
I am thinking that NZDUSD will sell. - The candles are below both of the EMAs. Bearish conditions are met. - The MOM is below 0. Bearish conditions are met. - The STOCH is below 50, facing down and the orange line is above the blue line. Bearish conditions are met. Potential trade idea. Sell at Market execution or Sell Limit at 0.61500. SL: 0.62000 (-40...
NZDUSD is still very bearish and I believe it will continue to sell. - The candles are still below both of the EMAs. Bearish conditions are still met. - The MOM is still negative and below 0. Bearish conditions are still met. - The STOCH is below 50, facing down and the orange line is above the blue line. Bearish conditions are still met. Potential trade...
Looking for sell opportunities because market is bearish on multiple time frames. - candles below both EMAs - MOM facing down but not below yet -STOCH facing down, the orange line is above the blue line but it is not below 50 yet SELL AT MARKET EXECUTION OR SELL LIMIT AT 0.61200 OR HIGHER SL: 0.61600 OR HIGHER (40 pips or more) TP 1: 0.60800 (40 pips) 1:1RR TP...
Looking for EU to buy at Market execution or Buy Stop at 1.10300 if the price continues to rise. - The break of Structure is on the upside. Bullish conditions met. - Candles above both EMAS. Bullish conditions met. - MOM is above 0. Bullish conditions met. - STOCH is facing up, above 50 and the blue line is above the orange line. Bullish conditions met. SL:...