MoneyMantraCha

MoneyMantraCha Updated 

Looking for NU to sell. Bearish confirmations met on multiple time frames. Potential Sell Stop at 0.60550 - Red candle below both EMAS. - MOM is facing down and below 0. - STOCH is below 50. Waiting for it to be facing down and for the orange line to to cross over the blue line.

MoneyMantraCha Updated 

It looks like GU may continue to sell. - Candles are below both EMAs. Bearish conditions met. - MOM is facing down and below 0. Bearish conditions met. - STOCH is facing down, below 50 and the orange line is above the blue line. Bearish conditions met. Market Execution or sell limit at 1.26050. +40 PIPS TP 1, - 40 PIPS SL. Adjust your SL and TP based on your...

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MoneyMantraCha Updated 

Hey Rich Friends, EU did sell and 40 pips were secured with TP 1! I am hopeful that TP 2 and TP 3 will be reached soon for a total of 80 pips and 1:1RR!

MoneyMantraCha Updated 

It looks like EU may continue to sell. - Candles forming below both EMAS. Bearish conditions met. - MOM facing down and below 0. Bearish conditions met. - Stoch facing down, below 50 and the orange line is above the blue line. Bearish conditions met. Sell At Market Execution Or Sell Stop At 1.09300 Or Lower Sl: 1.09700 Or Higher (40 Pips) Tp 1: 1.08900 (40...

MoneyMantraCha Updated 

EJ is looking like it will continue on an uptrend. - Candles are consolidating above both EMAS. Bullish conditions met. - MOM is facing up but has not crossed above 0 yet. Waiting for this confirmation. - STOCH is facing up, above 50 and the blue line is above the orange line. Potential Buy At Market Execution Or Buy Limit At 158.550 Or Lower SL: 158.200 OR...

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MoneyMantraCha Updated 

Hey Rich Friends, I set a buy limit for EJ last night and it triggered and hit TP 2. The key to any strategy is to trade what you see, not what you want. We are retail traders, not market makers, please listen to your indicators. The main reason why I decided to take a risk on this buy is that although the market was moving sideways, the candles were still...

MoneyMantraCha Updated 

It looks like GU will continue to buy, now that structure was broken on the upside and it has crossed above the 50 EMA. There was also a huge rejection/push-up on the previous candle. - Candles crossed above the 50 EMA. Waiting for the cross above 200 EMA. - MOM is facing UP and ABOVE the 0 line. - STOCH is facing up, above 50 and the blue line is above the...

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MoneyMantraCha Updated 

Hey Rich Friends, This trade took a while to develop but better late than never! I used my simple 4-indicator strategy to spot a bullish trend on GU and secure 40 pips. It's simple: Indicators: 50 EMA (blue) 200 EMA (purple) Momentum (turn on price line) Stochastic (turn on price line) Bullish confirmations: 1. Candles above/crossing up 1 or both EMAS 2. MOM...

MoneyMantraCha Updated 

It looks like GU will consider to sell. 1. Break of structure on the downside with a strong red candle 2. Candles are below both EMAs. 3. MOM is facing down and below 0. 4. STOCH is facing down, below 50 and the orange line is above the blue line. I did market execution but also set a Sell Stop at 1.26750. SL: 1.27150 (-40 PIPS) TP 1: 1.26350 (+40 PIPS) TP...

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MoneyMantraCha Updated 

Hey Rich Friends, This was such a great trade set-up but unfortunately, I was stopped out by 3 pips before it continued to sell! Happy for anyone who re-entered or is still in this trade! You win some and you lose some. On to the next trade :) Peace and Profits, Cha

MoneyMantraCha Updated 

Hey Rich Friends, Looking for a potential sell/sell limit at 0.59200. - Candles are below both EMAS - MOM is facing down and below 0. - STOCH is facing down, below 50 and the orange line is above the blue. SL: 0.59600 OR HIGHER (40 pips or more) TP 1: 0.58800 (40 pips) 1:1RR TP 2: 0.58600 (60 pips) 1:1.5RR TP 3: 0.58400 (80 pips) 1:2RR Result: Pending...

MoneyMantraCha Updated 

Hey Rich Friends, GU is looking like it will continue to be bullish for a few hours - days continuing what it was doing last week. Last week, we were able to secure 40 pips off of a short rally but hopefully, we can get even more this week. Here is what I am looking at: 1. Candles have crossed above the 50 EMA on the 4HR and both EMAS on the 1HR. Bullish...

MoneyMantraCha Updated 

Hey Rich Friends, I am looking at EJ for a potential bearish move since the candles are well below both of the EMAS. This is a bearish confirmation for me. The MOM indicator is also below 0 confirming a bearish trend and the STOCH is below 0. Market execution or sell limit at 158.150 or higher is a potential trade idea, SL: 158.550 OR HIGHER (40 pips) TP...

MoneyMantraCha Updated 

Hey Rich Friends, It looks like EU will continue to sell. Here is what I am looking at: - The candles have crossed below both EMAS and have started to consolidate below the 50 EMA, - The MOM is facing down and below 0. - The STOCH is facing down, below 50 and the orange line is above the blue line. - High Impact News on both the EUR and USD the week....

MoneyMantraCha Updated 

Hey Rich Friends, I think AU will continue to sell. Potential Market Execution or Sell Limit. -The market has continued to reject this area 3 times. - The MOM is facing down. I am waiting for it to cross below 0. - The STOCH is facing down, below 50 and the orange line is above the blue line. I stick to simple indicators and confirmations with this...

MoneyMantraCha Updated 

Hey Rich Friends, It looks like AU will continue to buy. Here is what I am looking at: - The candles are above the 200 EMA and have crossed above the 50 EMA - The MOM is facing up and above 0. - The STOCH is facing up and the blue line is above the orange line. I am waiting for it to cross above 50. I am looking to buy at Market Execution or set a buy limit...

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MoneyMantraCha Updated 

Hey Rich Friends, This quick video will explain how I easily find my TP and SL for my Forex Trades. I've noticed how many new traders struggle with this, so hopefully this video will help. Here is what I do: 1 . Identify the overall trend of the market. It is important to understand that a Selling market will look like a roller coaster going up, have more...

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MoneyMantraCha Updated 

Hey Rich Friends, EURGBP might provide some great bearish/selling opportunities this week. Here is what I am looking at: - Prior rejections in this area (red rectangle) - Candles below 200 EMA - 200 EMA preparing to cross 50 EMA on the Weekly time frame -MOM is negative - STOCH below 50 - GBP news on Tuesday, Wednesday, and Thursday Market Execution Or Sell...