I pushed a little with the SL but better safe than sorry
How I trade - Buy at support or WAIT once thee buy entry has been broke . If support breaks more than 15 pips than ride that SELL ENTRY to TPs (Take Profit) 1-3. Trail stop 15-20 pips behind each TP. Same thing at resistance, sell or WAIT and sell once thee SELL ENTRY has broke. but if broken by 15 pips then enter the buy and ride to TPS 1-3. Each TP is a...
Nostradamus here, Let's look at this prediction. You can see there 2 lines - orange & reddish. Orange is the first part, but after crossing the reddish, we will start following that.
When the chart will break the 53$ trend line we will be looking for a new target which is 60$
Overall sentiment is to short it. Now I will be looking for the best oportunity to sell it. Scale it up into 1h, 30min, 15min and find the best entry!! Good luck to you all. Let's smash it!
PLanned , waited for 2 hrs and executed. Everytihing is labelled on charts. Done for the day.
Quick update on GU. I still have an alert here at 1.3451 and didn't hit my target yet. If we will not reach my main resistance zone and the price will brake our main support region 1.3290 then the price will meet new support area at 1.3100. So for now just stay patient and wait for the signal.
Just kidding. GBP JPY looking like a potential retest of trend line and key level for confluence which is what we teach for free.
after many week of consolidation the CADCHF pair is about to breakout finally.
I kept this simple. Real simple. We're at a crucial point, basically. So, does "the future" happen this week? I've been looking forward to this. Btw, I'm trying to live my wildest dreams, which might be dependent on that 'Like' button getting hit a whole lot. Also, I am not Satoshi. Thank you.
EURJPY Bullish Overview. t.me/BigBellyShark My previous post showed the weekly chart of EJ and how the zones highlighted will be good zones to look for buys on this pair. EJ approached the zones shown on the previous charts and we got the reaction we were looking for. 119.400 Key Support zone which we saw a huge impulse of buyers step into the market. $$$ on...
Major currencies and exotic currencies are the current classes of currency. However, big brokers could easily declare some currencies to be a class above the others in terms of spread. Spread helps all traders from the little £500 traders all the way to the big traders spread can determine whether a market is reasonable to enter. If you were not already in the...
I am still aggressively short here. As we've seen on prev downtrends, a small retracement candle after a big down move on the day usually retraces to the 38 fib line of Prev candle. Short !!!!!
Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for...
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