SL @ 817 TP @ 1004 I will provide a comprehensive analysis for the trade decision in the evening, just wanted to make now sure, that my idea and the possibility to get into trade are intime. Good luck! Taking the trade from now on, as soon we go above 834, unless something changed or added to this idea. Want to provide some updates once a week during the...
Short Brent under 70.65 $/bbl for a long term trade (sell and hold) SL @ 71.35 TP @ 61.10 I have little time to explain all the ideas behind that trade, but will make a big analysis in few hours about the idea and the numbers in trade. It will include fibonacci, EURUSD, the coming ECB meeting today and much more there. Good luck! I am in as soon we go under...
Trading idea: limit sell order at 103.399, Risk-Reward = 3.16 ( I am in trade) SL@ 103.68, TP@ 102.51 __________________ Disclaimer: There is a very high degree of risk involved in trading forex . I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All...
Trading idea on 1h chart: Short GBPJPY – test of resistance and downtrendline ________ Trading idea: limit sell order at 132.14, Risk-Reward = 2.71 ( I am in trade) SL@ 132.56, TP@ 131.00 if SL is triggered, wait for retest of breakout to go long __________________ Disclaimer: There is a very high degree of risk involved in trading forex . I assume no...
Trading idea on 1h chart: Short DAX after the break of support line ________ Trading idea: stop sell order at 10.632, risk-reward = 2.0 SL@ 10.742 (-110), TP@ 10.412 (+220) ________ - trade based on chart: break under support line + under trending line, prices below 20 EMA (=weakness) __________________ Disclaimer: There is a very high degree of...
Trading setup: sell limit @16.15 , Risk-Reward = 2.38 SL@ 16.55 (-40), TP@ 15.20 (+95) _____________________________________________________ - after being stoped out last time with a small win, I go today for the second try to short silver - even if silver is more bullish than gold at the moment, the momentum after a very impulsive move is kind a stalled - gold...
just an addition of a 1h-chart to my last trading idea on the daily charts _____________________________________________________ Disclaimer: There is a very high degree of risk involved in trading forex , trading on margin and trading at all. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may...
Trading idea on 1h chart: Short EURUSD – Break of support line ________ Trading idea: limit sell order at 1.12259, Risk-Reward = 8.17 SL@ 1.12441 (-18.2), TP@ 1.10772 (+148.7) ________ - trade based only on chart + failed test of support line +risk-reward ratio __________________ Disclaimer: There is a very high degree of risk involved in trading forex . I...
Trading setup: sell limit @15.95 , Risk-Reward = 3.00 SL@ 16.45 (-50), TP@ 14.45 (+150) _____________________________________________________ - as most people are very bullish about silver and gold right now and most media (tv, newspaper, online) are writting about how good of investment it would be, I believe more realistic chance is on the downside - short...
Trading idea on 1h chart: LONG Silver – BREAKOUT-Trading (seasonality and good chart setup) ________ Trading setup: stop buy @15.05 , Risk-Reward = 3.91 SL@ 14.4 (-55), TP@ 17.20 (+215) ***Positon = 300 ________ Silver: - very strong seasonal strenght in August and in September in Gold and Silver in the past - weak US-job data in the recent past (rate hike...
Trading idea on 1h chart: LONG GOLD – get ready for a SHORT SQUEEZE or even more ________ Trading setup: trade entry 1.093, Risk-Reward = 2.00 SL@ 1.069 (-24), TP@ 1.141 (+48) ________ GOLD: - most news and analysts are very bearish after recent plunge (most recent money on short side -> late entry shorts are often weak and easy to squeeze) - 2 double bottoms:...
Trading idea on 1h chart : Short NZDUSD – test of breakout to downside level ________ Trading idea: limit sell order at 0.7540, Risk-Reward = 6.67 SL@ 0.7555 (-15), TP@ 0.7440 (+100) ________ NZDUSD: - downtrend on 4h and 1h chart - retest of breakout level at 0.7540-0.7550 - next move should be lower to 0.7484 (Target1) or more probably to 0.7440 (final...
Trading idea on 1h chart: Short NZDJPY –after retracement into breakout to downside area ________ Trading idea: limit sell order at 90.98, Risk-Reward = 4.07 SL@ 91.43 (-45), TP@ 89.15 (+183) ________ NZDJPY: - textbook retracement to test the breakdown area (91.00-91.20) - still targeting the 89.15 __________________ Disclaimer: There is a very high...
Trading idea on 1h chart: Short NZDJPY – breakout down from a consolidation in a bigger downtrend ________ Trading idea: stop sell order at 90.15, Risk-Reward = 2.22 SL@ 90.60 (-45), TP@ 89.15 (+100) ________ NZDJPY was rejected by 91.80-92.20 resistance area and is since then in a downtrend on 4h and 1h with 20EMA as dynamic resistance. - currently...
Trading idea on 1h chart: Short USDJPY – lets go for 8.43 R:R Possible double top with return to the lower support line ________ Trading idea: limit sell order at 120.00, Risk-Reward = 8.43 SL@ 120.14(-14), TP@ 118.82(+118) ________ __________________ Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or...
Trading idea on 1h chart: Long AUDUSD – Get on the train ________ Trading idea: stop buy order at 0.7905, Risk-Reward = 4.11 SL@ 0.7877 (-28), TP@ 0.8020 (+115) ________ AUDUSD broke out above resistance at 0.7850, which is support now and might be tested, BUT: - if the price breaks out above 0.7900, then there could be a second impulsive leg before the test of...
Trading idea on 1h chart: Long EURUSD – Playing the Range ________ Trading idea: limit buy order at 1.1290, Risk-Reward = 5.5 SL@ 1.1266 (-24), TP@ 1.1422 (+132) ________ - range trading in EURUSD since a few days - Greek talks and strong US-Stocks were not able to push USD over EUR -> long entry prefered - pretty easy: buy the bottom, sell the top of that range...
Trading idea on 4h chart: Short EURGBP – getting into downtrend on retracement ________ Trading idea: limit sell order at 0.7395, Risk-Reward = 3.2 SL@ 0.7445 (-50), TP@ 0.7235 (+160) ________ - EURGBP is in a strong downtrend on monthly, weekly and daily charts ->only short positions - volatility is high on 4h and 1h charts and expected to be high tomorrow (BOE...