Another short inspired by a method I have been working on. These trades are test trades for my strategy backtesting and to determine viability. Last one went well, lets see what happens. Cheers, Good Luck
I have marked structure so you can see we are still Boolish (Bullish with a fun accent) on the 1 Hour timeframe; from a 1H perspective. With that in mind, we will have to make a new Highest High on this timeframe before we could even consider looking for reversal signals or pull back plays. This is not a "triple top" from my perspective, this is a standard...
Looks like a nice 50 PIP move to the downside. Entry , stop , TP are marked on the chart. I am using a proprietary trading method for this. This is a test trade using said method. Good Luck.
Its clearer on the 5M but TV is telling me its too small to be valuable. It could be but someone might grab it and crush!? Anyway, heres a little TRIANGLE that could send price up a bit. If you hop over to the 4H we are at a very strong "support level," and we could expect some rejection and play the lower TF during consolidation. Easy does it and my stop is 8...
At first glance she looked like she was gonna maintain bullish action but the 30M is telling a story that we are going to head down and retest the 1H Bearish structure. There was one little wick that sold me so I am in for a .12 Sized Order looking for 50 PIPS... It moved fast from entry but there will be another shot most likely before the newest 4H candle...
Looking at a (hopefully expeditious) 45 PIP move on the ol' USDCAD. Gonna play it safe with a little .10 Sized order. About a 2:1 R:R but we do have a 30M confirmation, which have been paying us nicely for some time. Enjoy! Good Luck!
Have the setup marked on the chart. Nice R:R here, going in with a .25 size order. We have a Bullish conf on the 1H so lets ride it up for a test of last breakdown. Let's get this 60 piece.
Playing this triangle fakeout to a possible reversal point for bearish continuation. Will use a .12 Lot size for this trade. This Long was entered at TL break but could come back to test a newly formed discount zone on the 5/15M; if the reversal point is correct then price could just climb straight there, form a small 5M structure to bounce off of, and we could...
Incoming Trade! Looks like a setup for a long on the Pound is getting feisty. Let's see if we can take er for a spin, shall we? I am going to jump in this with a .25 Lot size and a 14 PIP SL. Shades on, lets go. Entry @ 1.13875 SL @ 1.13735 TP -> 1.14460 Don't be greedy, grow. Good Luck.
USDCAD small sell to TP, then a Long in the green zone. Follow the chart. I am using a .10 Lot Size for the Sell and a .20 Lot Size for the Long. Good Luck!
Jump in a Short, Take Profit According to Chart. Be smart and don't put the house on it. Just the pearl necklace in your SDB.
Playing some micro stakes poker and combing charts... I like a small Buy Order here, if it folds I would prob close it before the charted stop. For fun if you are looking for a trade right this moment.
Im an idiot and forgot to change it to Public before posting the original Idea, still time though, just a tad wider stop (meh) Here's a low risk, mid probability Buy Signal if you're bored... Buy here...or a little lower if she's doing a limbo and then ride it up to the confluence area in the vicinity of the 50 MA. PLEASE TAKE NOTE - This is a quick look trade....
Looking at a Short from 124.6 to a TP @ 121.00. Good luck.
I draw on charts. I have drawn on this one. You can see the trade idea marked clearly on the chart with all levels. It's always nice when things go as predicted. Use low risk, catch the impulse. If it doesn't work out. We'll re analyze it. Good luck.
We have a "yet to be filled" range here. Nothing special we are looking at. Expecting a couple bullish weeks before make our monthly wick. Profit target at the last 4H Supply landing us at $0.58, a hopeful Weds entry at $0.32 Good luck.