Trade the intraday trends with ease! Stack the confluences to a high probability trade and execute! Pull back to between Fib zone 0.382 - 0.618, small counter trend line within overall trend, entry on a momentum breakout candle. Bobs your uncle!!
The above chart shows what is called a “channel” in trading. It is basically diagonal support and resistance (a.k.a Trend-lines). The area in between is known as a channel. The red zone is said to be the perfect entry area for sells whereas the green is for buys. How To Find The Zones? Using the “Parallel Lines” tool, draw the diagonal S/R then measure the...
Price above 50 MA its a buyers market, when below it's a sellers market. Pay attention to the risk management and entry rules. Like to let me know if I should share more, comment questions.
UPDATE: GBPJPY ANALYSIS REJECTION. Beautiful trade today with an easy R:R of 1:4. This zone had formed on Wednesday and we had waited for price to return to this area. As you can see it was a really power zone sending the price back up.
XAUUSD NEW DEMAND ZONE ADDED - We should see a very nice rejection of this zone. Planning entry tomorrow if price enters the area.
The most important one is ma144. Ma144 allows you to abandon your self-consciousness and accept that the dumbest way is the best way: 1. When ma144 began to turn up, the price was pushed back to touch the line for the first time. 2. When ma144 starts to turn down and the price picks up for the first time, it is short when it hits the line. 3. When ma144 is in a...
There are many ways to identify when a trend is about to reverse. In this video will show two. Decreasing momentum and MACD divergence in price.
This ed post is not aimed at anybody and thinking that it was aimed at you should in itself make you think why you would think that. Money Man knows the day he does not approach trading with humility, will be the day he regrets. Big predictions are normally related to “hot inpatient money” that homerun (not necessarily big) traders make on markets with this money...
Hi every one Kindly like the ideas if it is helping you and leave a comment Triangle patterns are some of the most commonly used chart patterns within the world of trading. The vertex of a triangle pattern represents a pivotal point during an ongoing battle between the bulls and the bears, thus making it an attractive setup for traders. The three most common...
AUDNZD is still following our previous analysis. The best thing about swing trading is that you can add more entries as the price retraces.
After the strong bounce from the support. We can expect the price to move to the upside with that same momentum.
The pair coul not break the suppport. we can expect a move to the upside to test the broken channel.
We were stop hunted from our previous trade. The analysis is still the same. You can check out the previous analysis to get a broader idea of where we are coming from.
Being a retail trader isn't so bad as long as we can utilise all of the tools in our belt correctly. (Trendlines)