A doji has performed which gives us a confirmation that there is high potential for a price reversal. In addition its best to wait for the next hourly candle to close as it will give us an extra confirmation and more confidence. Sell at Market Execution Disclaimer: Trade at your own Risk ! Instagram ~ Nadirfx
Opening 2 buy orders on Verizon, the first with a 1:1 R:R, the second up to 1:4.5 Risking 0.5% of capital each SL under minimum of 52.40 Reasons: - Doji formation - GAP to close - Touching MA200 on daily chart
Opening 2 sell orders on Nucors, risking 0.5% of capital each, the first with 1:1 R:R, the second 1:2 with optional trail stop if everything goes well Reasons: - Doji formation - GAP to close - Overbought - Near SMA200, put SL over SMA200
Potential reversal of GOLD with the resistance being met on H4 chart. If this does happen i'm looking at TPs at the 38.2 and 61.8% Fib levels.
Bear trend, daily doji, crossing slow stochastic, bollinger bands overbought, high R:R up to 1:2.5 Risk 1% of capital for a 2.5% return, good luck
Daily doji and slow stochastic cross. Opening 2 orders with 1% risk each. First order with 1:2 Risk:Reward ratio; the second till the main support for a massive 1:7 R:R Good luck
SPY threw a doji on what appears to be an exhaustion gap. Is this a reversal or a head fake? We'll find out tomorrow. Note that we're right on the wedge line so if it breaks down, it's in trouble....
Strong resistance and R:R 1:3 on daily timeframe. Good Luck
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
Hi to all! As u can see, TRX had some very nice up, but correction is here! Price plays a lot out of Bollinger bands, so can expect a pullback. Also look at that nasty doji daily candle from yesterday. Yea, it is green, but that is very bearish candle with long up wick, RSI Bearish divergences + too overbought R:R isn't good because of that yesterday wick, but...
All H1 H2 H3 H4 : just made a doji on resistance i wrote so safe to sell now and wait pullback again
AMEX:SPY From a technical analysis perspective this bounce is over. I explain why via video. Simple TA.
Mid NY 4h close time sexy triple top $$$$ on strong level 15 pips straight profit with 1.5 pip draw down stress free trading 4h doji 30m shooting star zero draw down if enter on that
Trading Doji candlestick as a stand-alone trigger signal is a bad idea. Price usually whipsaws around doji. Note #1: In technical analysis, the Doji candle is a neutral pattern if it’s used as a stand-alone candlestick. However, if the Doji candle it’s used in conjunction with the preceding price, we can establish a bullish or bearish bias. A whipsaw pattern...
NZD/USD has been bullish as of recently so we follow trend continuation. We are currently in a corrective state, but approaching structure levels. We see a trend channel that price is following, so if we continue this channel we should expect movement to the upside since we just finished a corrective wave. We can also see a large bull flag formation. If this...
Hi fellows, There is an excellent R:R short opportunity on this trade. Price may retest prior week's high so be cautious when opening a position.
Ok, so I promised I'd make another effort to do more analysis. I am however currently in Taiwan travelling so this will be short. Here we have another example of how including multiple time-frame analysis in your trading routine can keep you profitable. Let's go back to 12th November last week on the OANDA:CADCHF (Use the back testing feature on your chart in...
Ended up taking a small loss on SPY calls in the morning as I was quick to cut the loss as I realized tons of selling pressure as well as the break of support trendline in the morning of todays open. If anybody took puts at the open as I mentioned I would do, you should be sitting on some nice profit right now, I would lock that profit here as SPY is at another...