Checked my trend-catching strategy and it's surprisingly doing really well. Good profit factor, EV+ and number of trades (for a trend strategy). Ofc it can be improved, drawdown doesn't look exciting and some trades can be closed better it seems (on the other hand it can broke the algo). BUT if to check trades, there're enough decent catches (for example,...
Algorand bounced off the support level. Asset broke trough off the descending trendline. Bullish movement to resistance level at 0.371 is possible.
TP 1 was taken but TP2 and TP3 no. end of the day I'm in the green and that's what counts. I'll be waiting for another setup during the NY session.
There is a small FVG not taken out yet and sell-side liquidity below that. I think one of the will be taken out during the London session. after that, I would expect the price to move up to buy-side liquidity. Let's see if that prediction is right for today. Happy trading.
I mention that till Fri we can expect consolidation and I think that is what is going to happen today. I'll watch out for CPI news at 8.30 NY time. I think that due to the increase in interest rate last month, inflation will start to decrease which means $$$ will get stronger and other currencies weaker. I'll expect sharp move to downside at 8.30 first and price...
Algorand bounced off the resistance level. Asset broke trough the ascending trendline. Bearish movement to support level at 0.29 is possible.
$Algo golden cross formation is about to begin. I recommend you all to watch this coin, which has a potential of 600 percent and more, the first stop is 0.4 cents. don't miss it. Good trades, not investment advice.
This is something I want to try out. "Standard Deviation" which was presented in Mentorship. There is a probability price will go down to FVG which i mention yesterday. But also price might go up to take D time frame swing high. Let's see.
I believe the price will have to go down to balance FVG at some point. Will that happen this week I doubt it next week, I guess we have to wait and see.
Trying new strategies which I learned from Mentorship. I'm not sure that will work on forex but only time will tell. I'll keep trying for the next few weeks and see results. Please speed up video, it takes time to get to the desired profit.
Algorand bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 0.372 is possible.
BINANCE:ALGOUSDTPERP - Has bounced at support - moving up towards heavy resistance (blue zone) which given rapidly declining OI and Binance crowd aping into linear "line-break" from recent high - Not a continuation traded - aim for reversion SL would be at prior high or narrative switch. Otherwise. Goblin time.
BYBIT:ALGOUSDT 4H time frame - ALGO is in a descending channel, and it started to form this channel since increased by 41%. The price stops making lower lows and hit Fib 0.382 smoothly for support confirmation. We can long it at 0.34 and add more position at 0.335(Fib retracement level_0.382) - Entry: 0.34 Add: 0.335 TP: 0.3565, 0.3735 SL: 0.33
I didn't follow the algorithmic strategy just a simple hunch (silly, not recommending).
USDCAD short trade has alerted. Reversal trade identified and entered. Working the 30M timeframe. Trade details can be found on the chart in the red label. Trade box is tracking the trade. Has USD strength ran out of steam on this pair? Who knows be it a change in the trend or a slight retrace I have a 77 pip target for my TP to be met. We'll see where...
EURUSD long trade has alerted this morning. Reversal trade identified and entered. Working the 15M timeframe. Trade details can be found on the chart in the green label. Trade box is tracking the trade. Want to know how I identified this trade you know what to do. Thanks for looking Darren🙌
EURAUD long trade has alerted this morning. Trend trade identified and entered. Working H1 timeframe on this strategy. Trade details can be found on the chart in printed label. Working to TP targets on the printed label. Trade box is tracking the trade. This 1:2 RR trade needs to find 121 pips for desired TP target. Want to know how I identified this trade...
Hello 😀 In the daily analysis of this cryptocurrency, which we mentioned in the post, after this cryptocurrency was supported in the support area of $0.28, the price was able to break its dynamic trend line (Dynamic Trend) upwards, which is followed by a pullback. It was able to reach its first target of $0.345. If the price is still above its dynamic trend line,...