1) Candle D1 on friday closed showing rejection of demand zone 2) Trendline marked shadow-to-shadow to lower trade risk 3) BBMA showing extreme, where candle and MA closed out of the bollinger band My strategy - Wait for price incline to nearest supply zone and wait for rejection in the zone. That is our sell zone with Stop Loss 20-30pips higher than highest...
Reentry SELL setup on Daily chart. Meanwhile, there is a selling momentum on Hourly chart to support the Daily setup.
Enter trade on ENTRY ZONE AREA. It will TP on the selected line.
Instant entry. Daily at mahigh . H4 give a hint (shadow) EXT in the making . @ 1.28310 safe TP
H4 Candlestick momentum showing that the price is strong for short lets ride the wave with good risk reward ration. wait for the price to enter MAHIGH and enter a short position with SL is slightly higher @ major resistance line
REENTRY FOR SHORT reason 1. CSM 2. EMA50 show downtrend Course of action 1. Wait at the targeted zone to re-entry Sell. (FIBO pull from m15) 2. Will enter if full setup has been showned 3. Sl @ 1.31195
We'll see if my entry will hit or not
H4 Candle stick momentum. Big SL zone (default) can be smaller if appear H1 Buy Momentum Course of Action/ standdby for price to be at the green zone for short
Still sideway on gold. Just took a buy on the middle BB H4. First target = 1302.54 Second target = 1308.10 Third Target = 1318.85
Price bounced from low Bollinger Band with Stochastic and RSI showing an overbought. Next destination should be to top Bollinger Band on this H4 time frame since Bollinger Bands are constricting which means there will be a high volatility coming soon. I am quite certain a break on the top Bollinger Band means we could lock our profit or take our first profit...
Seeing a pullback upwards after going south since the 20th April 2018 with my understanding on BBMA strategy which I am just about getting use to it in a while. The Stochastic and RSI indicates an overbought but I am sticking with a slight pullback going upwards to 1.7775 on the 2.168 Fibonacci Retracement on the 240min chart. Just be careful as I am a...
Muhamad Firdaus bin Majid Yang telah berlaku - Siapnya proses EXTREME dan MARKET HILANG VOLUME (MHV) yang mengambil masa selama 12 minggu - Muncul yang CANDLESTICK ARAH KUKUH (CSAK) apabila paras midBB dipecahkan (1.22173) yang menunjukkan perjalanan ke bawah telah bermula pada minggu lepas Yang mungkin akan berlaku - akan naik semula ke paras MidBB untuk...
EURUSD - Kejatuhan Bermula Oleh Muhamad Firdaus bin Majid CMT Apa yang telah berlaku: EURUSD akhirnya menunjukkan bahawa arah untuk beberapa minggu ini, EURUSD sudah bersedia untuk membuat fasa kejatuhan. Setelah 12 minggu berada dalam tren mendatar, akhirnya, EURUSD telah berjaya memecahkan garisan tengah Bollinger Bands. Ini adalah signal jelas...
I choose to sell gbp today due to divergence. thats all. You can set break even point when the price drop to secure your position. thank you
Per my analysis I shall assume that GBPUSD can retrace to 1.33570 From this level may go up at least up to 1.34338