ReyTheHomie

ReyTheHomie

looking to short NASDAQ from trendline entry Daily H4 H2 is bearish H2 broke below support now turn resistance retested , and ready for the drop reason why I'm looking for sells and not buys , look at the Weekly and Daily , you can see the LL and LH draw the channel and see it , I don't have it on my charts as i like a clean chart but it is on my mind always...

ReyTheHomie

Got some strong support on the NASDAQ as you can see also whats not shown on the chart is the fib retracemnet (chart will look to messy) but its at the 61.8% fib on the H4 looking for reversal candles on lower timeframe will be best for sniper entry but for now im in

ReyTheHomie Updated 

this trade can go 50 50 to be honest , but sl is small so im taking the risk have some support and resistance areas then looking at the fib , i bought just above tghe 78.6 level going long at it , all technical analysis but also i see a double top chart pattern which could be a start of a down trend , but in order for that to happen gbp usd needs to break the...

ReyTheHomie Updated 

On the daily timeframe took the trend line and support/resistance line on the H4 time frame took the fib and can possibly see a retrancement to the golden area of 61.8 which lines up with the support line (blue line ) so if we take this trade at market open with the three confluences 1) resistance 2) trendline 3) fib would be a risky trade , one personally i...

ReyTheHomie

looking to go long on EURJPY list of confluences i got for the buy 1.) on M,W and D sitting on support area 2.) trend line shows up trend 3.) on the fib it tested the 61.8% area 4.) on 4H market close on doji (good sign for reversal) 5.) inverse head and shoulder pattern ( to complete right shoulder) with 5 confluences , very strong indication for buy on...

ReyTheHomie Updated 

all my analysis is technical on this trade first i start off with looking at support and resistance areas then i see there's a opportunity for a fib retracement , which already did retrace between the 61.8 and 78.6 area im buying till just below next resistance that could be at. the trade shown is where my tp1 will be , tp2 like i said is at the resistance...

ReyTheHomie

I’ve been in a short since Monday , scalping and holding 2 for tp

ReyTheHomie

Looking for a nice 200-300 pip move Will see how it plays out this coming week

ReyTheHomie

GBPJPY has been on a bullish movement for long now , there could be retracements , but for now i believe it will go continue on a bullish movement till my support and resistance lines if it does go for retracement then in a few days - weeks from now ill look for more bullish movement from the fib , once its done with retracement

ReyTheHomie

analysis is based off using the fib retracement , can look for a better entry off a smaller time frame , my analysis is quiet simple using trend line and the fib hope for the best and see how things work out

ReyTheHomie

Trying to forecast its abit tough as it is a buying ,market right now , but what I'm looking for is those perfect entries with as little drawdown , stop loss is in place for small accounts like mine really hop this plays out with my analysis 😉👍

ReyTheHomie Updated 

Gold is at a all time high I feel that the is still lots of space for gold to keep going its just i love that perfect entry (the satisfaction is great on a perfect entry) so when markets open again we just have to wait and see where the next bar will take us if the next bar closes above the resistence line im going to enter and hope of it to grow but if it...

ReyTheHomie

BUY LIMIT IN PLACE TO THE 0 LEVEL ON FIB

ReyTheHomie

SELL LIMIT IN PLACE 15 PIP STOPP LOSS

ReyTheHomie Updated 

SHORTING OFF THE FIB 78.6 LEVEL 13211 ( but my entry is 13200 ) STOPLOSS AT 13245 ( support/resistance at 13240 ) TP FOR 13000 TP CAN BE MORE BUT ITS MONDAY AND NOT AIMING FOR MUCH , BUT I DO SEE IT GOING TO 12850( 50/50 on that for short term )

ReyTheHomie

looking to go short on AUDCHF , waiting for candle to reach my monthly resistance and will go short for about 200 pips(2000 ticks) i am already in a sell with a small lot size just incase i do miss the perfect entry because of holidays i am on my SL as you can see is just above my monthly resistance , which lies at the weekly resistance 0.68800