Here goes my first post... Shorting the AUDUSD based on the idea that there is re-test on 0.382 on fib, which would set up a sweet entry at 0.74845. I tend to keep my stop losses tight, usually around 20/30 pips away. Expecting this trade to go down to 1.272 on fib extension which will allow us to bag a nice 304 pips. Expecting trend reversal at this stage as...
A bullish '222' Gartley pattern is forming with entry point D resting exactly upon the trendline. FX_IDC:AUDCAD Entry point : 1.0061 Stop Loss : 1.0007 Take Profit 1 : 1.0136 Take Profit 2 : 1.0182
Strong probabilities to head down I guess, at least for the sake of profit retracement. Entry point for me at least.
Will be looking for a cheaper price and an opportunity to buy into USDCAD at the .618 retracement in hopes of an ensuing upswing to test the most recent structure high Don't chase price, wait for a good opportunity to buy low and sell high. Plan your trade and trade your plan
Potential short entry. See attached zoomed in picture. Will update Monday morning after market open. (GMT +8)
Current Possible Long Entry Pending on Bitcoin High Probability Long Entry Checklist 1. Get Ready - Resistance Failure 2. Get Set - 50EMA crosses over 200EMA 3. GO! - Bids on 'Support Test' of 200EMA Stops = candle close above/below 200EMA Close/Targets = trade by trade basis - usually consists of candle/chart patterns such as double tops/bottoms or Head &...
Already In but during the day in case i need to correct my position Im going to take it at the extension near the green line at the lev. 1332 fibo.0618
PRICE ACTION TRADING. STEP THREE Find the forex reversal pattern. STEP FOUR Determined stop loss and entry point. PRACTICE,PRACTICE,PRACTICE AND PRACTICE SEE YOU AT NEXT VOLUME !!