breakouttrading

EFC Indicator is based on a RSI 20/80 level rules EFC Indicator finds the last 50 candles fractal low EFC marks entry point of breakout of that fractal low's high Stop Loss and Take Profit are set at a 1 x 2 risk reward ratio I added Williams %R (10 period, -10,-90, hort. line-50)to act as a confirmation of a good bearish downward move Price and %R are...

EFC Indicator is based on a RSI 20/80 level rules EFC Indicator finds the last 50 candles fractal low EFC marks entry point of breakout of that fractal low's high Stop Loss and Take Profit are set at a 1 x 2 risk reward ratio I added Williams %R to act as a confirmation of a good bullish upward move

WHAT IS AN ATR RISK REWARD MANAGEMENT PLAN 1- Maximum per trade risk = 2% use a position size calculator 2- Stop Loss = ATR x 1.5 3- 1st TP = ATR x 1 4- Use two positions - each 1/2 total of trade risk (1%) 5- Both positions use hard SL - ATR x 1.5 6- 1st position uses hard TP - ATR x 1 7- 2nd position uses a trailing stop for TP 8- After 1st TP hits move 2nd...

ZIL IS GOING TO THE MOON SLOWLY

RIGHT SHOULDER IS COMING BECAREFUL

Step 1 Wait for the price to touch the Upper Bollinger Band The first element we want to see for our simple trading strategy is that we need to see price moving into overbought territory. Any swing trading strategy that works should have this element incorporated. Note The preferred time frame for this simple swing trading strategy is the 4h time frame, but the...

EUR/USD will be my go to pair for the year. Price is close to Minor Support Level. We currently have two bullish candles at the minor support level but there is a bearish engulfing before it. I envision a little pull back to the upside and final breakthrough to the downside or breakthrough to the downside for the longterm. The Bears have momentum on their side....

Ascending Triangle Trendline breakout Blue Sup/Res lines found on weekly chart On Day chart find fib lines and triangle Price consolidated sideways at Weekly S/R zone and 61.8% fib Price has curved downward Wait for price to fall to bottom Trendline There price will either bounce up once again or breakout bottom trendline Wait for a candle to close below...

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Hello Traders Tactical Trading Tuesday is back!! This time with another tactical entry on EURUSD Purely technical stuff here. Euro is rather sluggish lately but the trendline highlighted above held up in three separate occasions. If this scenario doesn't play out at the key levels highlighted the trade should be cancelled. Trade safe, trade well.

Price is in a current triangle pattern Price tried a bullish breakout and failed Price closed below triangle trendline Price could retrace back to bottom triangle trendline Or Price could drop where it currently is TP is @ 59.14 Find appropriate SL

looking here at the GBPJPY daily chart. We had a breakout of the range/support line. breakout traders are getting short but based on my analysis they are getting short right b4 demand.

Well done if you captured this move.

Price is at the 100 sma Price close below or above 100 sma determines direction Follow Macd for direction Long Trade Price closes above 100 sma Enter at candle close Buy TP @ 1.0679 SL below 100 sma Short Trade Price closes below 100 sma Enter at candle close Sell TP @ 1.0505 SL above 100 sma

Hey tradomaniacs, welcome to another free signal! Important: Do not place a Buy-Stop-Order here! You increase your risk due to a possible double-top-patterm! Wait for a Break above the previous TOP and wait for the S&R-Flip! ----------------------------- Type: Day-Swingtrade Buy-Limit: 1.34532 Stop-Loss: 1.34261 Target 1: 1.34836 Target 2:...

Price successfully broke-out of down trend on 4h chart around 124.650, contested trend-line with no success, however giving the buyers an opportunity to take charge.

First - Double Top Pattern Strategy is the traditional method double top strategy Step 1 Identify the Phase of the Market. The Double Top reversal needs an uptrend. Step 2 The historical precedent. An A++ Double Top Reversal is composed of 2 Rounded Tops (point A & B) Step 3 Sell when Double Top breakout candle closes below the neckline (point C). Step 4 Take...

USDCAD has broken it's major resistance at 1.34550 and therefore might be going back for re-test before shooting up to 1.36561 I'm expecting USDCAD to reject it's previous support line and give us a reversal candle which will be a confirmation for a buy.