M - price is currently in down trend A - price pushed down and broke previous support level E - bearish engulfing E - 1-1 risk to reward I’m expecting price to push up first before it pushes lower. Eurusd and eurgbp giving the same signal so risk is reduced on each trade
M - price broke higher and is in uptrend A - price is support E - bullish engulfing E - previous highs Looking for price to break higher
M - current market is in down trend A - price rejected off trend line and previous resistance E - bearish engulfing E - previous lows
Waiting for cadchf to sell off retest that level and continue to sell off
short trade on chfjpy, based on divergence. the area above has been tested a few times and hoping to see another bounce off that area.
taking this trade on the open of the new candle based on divergence and also it been in the daily support level.
NZDCAD cad short trade based on pullback strategy
trading AUDCAD based on pull back strategy
both setups are showing divergence on both histogram and on the moving averages. even though the pairs are slightly correlated with the CAD i think they are both good setups. we will wait and see the results. both Tp are at 1.5
looking for short trade if macd indicates that trend is running out of steam.
Going long on the eurchf based on diveregence. PMI is coming up this morning so it might effect the outcome of the trade.
NZDUSD trade on MACD divergence. all the requirements of of my strategy were met
today i am looking at GBPCHF long and NZDJPY long both on the 4hour chart. both of the pairs showed divergence on them. i took the positions when i saw the trend was running out of steam. hoping to bank 2% each per trade. If the trades hot take profit i will be a funded FTMo trader :)
short divergense oppurtunity on gbpusd