ETHEREUM/DOLLAR Total Profit: 815908 pip Closed trade(s): 55057 pip Profit Open trade(s): 760851 pip Profit
Trade Setup: We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 04.11.2018.(we use SimpleFX.com standard charts as reference.) Closed Profit: TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit.
Open Profit: Profit for one trade is 504.782(current price) - 420.243(open price) = 84539 pip 9 trade(s) still open, therefore total profit for open trade(s) is 84539 x 9 = 760851 pip
Take Profits: TP2= @ 553.100 TP3= @ 630.500 TP4= @ 729.300 TP5= @ 864.550 TP6= @ 970.450 TP7= @ 1151.600 TP8= @ 1229.700 TP9= @ 1415.950 TP10= Free Midterm forecast: While the price is above the support 272.650, resumption of uptrend is expected. We make sure when the resistance at 630.500 breaks. If the support at 272.650 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 56.
That doesn't look like a hammer at all. It looks to me like you just waited for a breakout and then searched for some chart that made some candle look like a hammer. Even the hammer on SimpleFX didn't fit your own criteria for a hammer. If you posted an update when you actually entered the trade it would add some credibility.
wilsondan22
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Sorry I don't mean to be a jerk, you do post some great stuff. Looking through your charts, your entry zones are spot on, so thank you for posting those. It would just be easier for your followers if we knew when you actually entered the trade as well.
JohnJohnsom
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@wilsondan22, Yeah, thye get as many wrong as right. the thing is is that people can pull charts offline and leave the charts that are winning. if forecastcity were the answer they wouldnt be doing subscription services or be on tradingview. but their trend following system will be a good strategy for a newbie who is loosing money hand over fist. they dont get caught out so much on the fakemoves ats they base trend on weekly charts and entries on daily
Forecast_Crypto
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@JohnJohnsom, I do not agree with you!
You said if MICROSOFT is a good company they have to sell WINDOWS free!
Forecast_Crypto
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@wilsondan22, You mistake! It is a good Hammer based on ATR264 in SimpleFX charts!