A strong intraday upward trend has developed providing some good opportunity for us to initially take a short to the trend line followed by a long retrace.
Price has retested the trendline & has closed above the 8EMA which fulfils my conditions for going long on a pair
Lets keep it simple. Buy IF candle closes above 0% level. T/P the level above it Sell IF candle closes below 38.2% level. T/P the level below it.
Lets keep it simple. Sell IF candle closes below the 0% and T/P at -27.2% No trade if it doesn't follow plan Goodluck!
Buy IF: candle closes above 38.2% level. set T/P at the next level above it Sell IF: candle closes below 0% level. Set T/P at the next level below it Good luck!
Buy IF - candle closes above 0% level. Take Profit at the next level above Sell IF - candle closes below 38.2% level. Take profit at the next level below Note 1: for more accurate entry, wait for the next candle to test the broken fib level as support/resistance Note 2: T/P is a one touch target. If the candle reaches the T/P level before closing, do not enter.
Hello traders! Just a quick video reviewing our latest settings for GOLD on the M15 timeframe using our strategy. These results are based on you using a fixed percentage lot size calculation based of an initial capital/starting balance of £500 ! SINCE MARCH 2020! What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to...
Hello Traders! I hope you are doing great. Here are the key levels to look for the EURUSD. These key levels are derived from my Formula and these are the only key levels if you looking for long term trade. Currently EURUSD is standing at the key level which is 1.1800 and above we can see there is resistance at 1.1970 and below there is a support at 1.1700. We...
trading inside an ascending triangle, expecting a big move soon possibly on the upside as economy is getting back on track & Festive season is incoming. will post possible trade setup once we break either side #notfinancialadvisor #DoYourOwnResearch
NEW SETTINGS FOR GOLD ON M15 TIMEFRAME! backtest here is based on starting with a balance of just £500 with a fixed percentage risk per trade of just 1%! total net PROFIT since 03/03/2020 is 295%!!! BOOOM Video soon going to be uploaded reviewing this! What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to use with...
In this case an increase is seen if either AMD lowers or INTC rises (or both). momentum seems to suggest that we are going to see prices end up in the fair zone from INTC's overbought/AMD oversold.
XAUUSD outlook week of 24 AUG 2020 I dont really know where it will goes but I successfully draw support and resistance for u guys enjoy trading If you like my outlook please like and follow Thank you
From a COT perspective, we can see that gold is starting to lose its momentum. After building a second, smaller top, we can prepare for a possible correction towards the 1500.00 area. Why there? We have a double confirmation point from the 0.618 Fibonacci level and a monthly critical zone. This makes this area a perfect demand spot. A good indicator for this to...
Looking for a potential breakout. Price is in an uptrend. I am leaning towards a bullish breakout RSI shows upward momentum
How many of you have SOLD THIS?! Based on price rejecting this descedning TL? Our BUY is still open and will be holding. price could reverse but we'll see!