This first has to play out. Daily chart so you should already know is long term and Im not entering off of no daily chart but the daily chart gives the bigger picture of first red candle closing under both major moving averages the 50 and 20. Find entry from here looks to be best once it tests that moving average again about 80 pips above. Once confirmation of...
This chart may look like its filled with alot of things but just look carefully. This is a strategy with different components from others added to make my own that once proven will apply for weekly holds to take out the emotional up and down. On my notes I have position to enter at market open and three other positions to enter at different spots shortly after,...
haha just jokes this is just for entertainment. Be careful with any trade you take and do your own confirmation and homework. But out of all the trades I have this by far is my favorite and going from high time frame to lower I think this very specific entry right now is Sniper quality . The only thing that comes in the way is that when markets open sunday evening...
Entry is very poor here but over all picture we will see how plays out. Predict that once it goes down to reach support it will bounce for the huge gains long. Will add to position if it goes down to support and I see confirmation of an uptrend from there.
RED horzontal lines are my positions. The one furthest to bottom I suppose I got in way to early and the other positions where just to capitalize on the move for the way down. Learned some pretty powerful stuff over the week so going to test in with these next few trades DEMO.
New trader this will be my first Live trade that I will actually let it play out all the way based on what I have set from Stop loss and target Price. What I been finding lately is I second guess myself and kill the trade early because heads in wrong direction however for it to go in my correct direction shortly after when i'm no longer in the trade so legggoooo....
You tuned in to a newbie trader that has a good grasp of this whole thing only after a week. My lot size for this order is .03 for starters. Long position for few days worth of time. Notice how for this adjustment the stop loss and projected target are huge pip setups. I think im doing that right please inform me if have other ideas I could be considering in this...
Enormous uptrend starting April 3rd to current. Next true resistance is .64320 found on far lefttttt.So how we set this one up before bed is with a buy limit to be sure we don't miss out . Price at .63944 with a stop loss at .63755 and target price at the .64320. A Lot of numbers in this one. Lets see what happens in the morning! Like and engage with a comment...
This massive downtrend started April 6 and expected to hit true bottom April 16 roughly. Regardless it still has some down trend left in it with no resistance whatsoever as you can see from the support line on the right side NOT TOUCHING ANYTHING BESIDES THE TOP but the left side support from top has multiple resistance positions. However we may see the right...
We are going short for the entire day boys and girls. Was waiting for my best entry with confirmation and believe I may found it. The shoot up right away worried me at first but stuck to the plan. Join me :)
Wow wow wow after a second look I changed my prediction from short asap for long term to go long after one more confirmation candle. Will verify with even a 1hr candle right at open. I dont know why at first look I chose short I think because I had sooo many different indicators up being used. Being used currently for this is all of our favorite name "ichimoku...
My thought process on this short is pictured above. Please share any mistakes you see with your two sets of eyes. haha. Well my approach is looking for big swings lasting few hours or more and this seems to fit the bill. This is on the 15m chart GBPUSD. If you have other thoughts please lets discuss in the comments section below before the market opens.
Eyes need to start at the very top then work way all the way down and will see downward trend clearly. From there I want to understand recent resistance lines where I have running east to west about an inch long. The latest candle in my sight looks already like a confirmation downtrend on the 4H chart a good distance from the last resistance cluster. More...