


Toniboutit
Same as last trade but 100% SL LL Fib Rejection 107.572 Target
Been looking for the pull back I wont write a full descriptions same as the last post just finding the retracement.
As you can see the previous play did broke even and now the market is Bearish we are now looking for a retracement to the down side. As expected I am looking for the 50% or 618% retracement and a rejection of the 107.000 level
Using quarter theory on the quarter point of 250 pips and the 618 fib retracement i found this set up. Now this is not a guarantee trade it never is but I wouldn't mind risking my money since its a 1 to 13 risk to reward just to the 618 TP3 not the final TP but enough for me to be satisfied. I will be holding this trade due to the current market bullish rally I...
HH HL Trending Market Fib retracement Support / Resistance Using a lower risk since I have 3 positions I am 50/50 on this since I only had 4 confirmations Lowwww RISK
Support now resistance Fib 382 LL Same set up as yesterday low risk 15 pips SL run it
7 Candle Rejections Support now resistance Fib 382 Strong candle pattern Previous close Gravestone doji LL Seller are showing strength and buyers are showing weakness.
Waiting for the pull back to enter Major Level rejection - Quarter theory Also 50% fib rejection on the weekly time frame SELL concept for HT
Resistance now Support 50% fib rejection SL: 130.295 TP: 133.000
Buy setup then sell on the 50% Target: 1.08086 You can see that resistance is now support
The bigger move for cadjpy on the daily Timeframe.
Head N shoulders pattern I was looking for buys due to the higher timeframe but I spotted a head and sholder and triangle break taking my RR
Possible Sell setup on Monday, on the higher time frames we have LL and LH forming since may 24th nicely down and currently has hit TP2 on the daily Fib. TP3 has a good probality of hitting if the LH is respected.
Cleared 72 pips on the trade before this which i didint post to the group but it retraced a bit. here is the play.
Hoped in on a sell for gold. Entry: 1672.50 SL: 1680.70 TP1: 1654
Part 2 of the last trade just wanted to show you the lower time frame!
Entry: 1.01279 SL: 1.03886 --- Huge Stop Loss of 260.7 Pips - Trade only IF you know how to use Risk Management -------------------------------------------------------------------------------------------------------- Profit Target 1 >> 0.98785 Profit Target 2 >> 0.97458 Profit Target 3 >> 0.95716
First time trading gold in a year I am posting this late but I want it to be more informational than a signal I want you to see the level its rejecting it has rejected this level several times in the higher time frame and goes into a bullish trend every time, eventually it could break but as of now I would bet on that it will hold at least around that strong...