


wolf-lamb
PremiumI am opening a long position in this zone with target at 0.382
This is my short idea for USDCAD on a lower time frame.
I am opening a short position on AUD/USD. Bearish candlestick formation on 1h confirms the resistance area.
We are approaching to hit the trendline so depending on the price action do I will open a short or a long position. If I see a bullish pinbar or hammer formation on the trendline I will go LONG. If we close on 4H bellow the trendline then I will go SHORT. Let's see what happens...
I am looking to open a short position with multiple targets. If the price continue to drop, I will re-evaluate the market structure on 4h timeframe. Also I will increase my position size if I see a double top or a bearish pattern forming on a lower time frame. Keep in mind that this is just an example. Stop-Loss and Entry are calculated after price action is...
In this example I'm gonna show you how important is the entry point. With same levels for stop-loss and take profit, one position will give you the opportunity to earn 3 times more than the other. It doesn't mather if the position is a loss or a win, I just want to visualy show you the importance of the entry.
This is my long idea for GOLD/USD. If it reached first target then I'll move my SL near the entry level.
This is my short term idea for a long position on XAU EUR. If it hits first target I will let a runner for the second and third targets.
After a parabolic rise, we hit a previous resistance zone. I am expecting for a short retracement so I am opening a short position here. If it hits first target I'll leave a runner for the second one.
USDCAD broke the support zone so I opened a short position here. If the price continue to fall I will take some profit between fib .618 and first target zone, then I'll leave a runner for the second target.
I am posting both bullish and bearish ideas. Bullish scenario: Looking for a breakout from the falling wedge and then I'll open the position right after a green candle is confirmed on the retest of the trendline. Bearish scenario: If price is rejected from the trendline (with a confirmed red candle) I will open a short position.
My ideea about EURUSD - Long position with 1.7 Risk to Reward Ratio