USDCAD right now make U-turn so make your position on sell stop at price: 1.32500
and waiting to make a lot of profit.
Your lot size havent be to big.
Trade 2% of your account
1000$ account= 0.1 lot =3%
based off of technical analysis my hypothesis is MXNUSD is bullish because the market has reached levels of supply and demand. we are also moving from a swing low to a possible swing high to the upside.Trading off of the bounces and using channel we have created a new level within the market. also we have found support in the areas identified on me TA.
With MA 12, FR,FE and EW combination we can get accurate posisition to sell and buy. That technique we said HansFiew. From Now Elliot Wave H1 has create Wave C and will search Wave 2. you can see at chart. OP 1.30423
Since NFP is a day from now, I'll try to predicrrect.t the market from my analysis and judgement but I don't think I'll be right because I can barely know if its going long or short within 20 minutes of the event. I hope I'm co
The USDJPY is a clear bearish trend on the weekly, daily chart. on the 4H chart however there is a possiblity to make a quick trade against the trend by buying at the breakout of the triangle.
BUY: Breakout traingle aim at previous high channel level.
SELL: Breakout traingle aim at previous low channel level.
I found volume spike (selling climax) in an ultra high volume. The very next bar was up bar (reversal up-thrust) and it represents that demand overcame supply. Professionals are interested in buying EUR/USD. Later on, I found successful testing of supply in a low volume, which makes very good buying signal. Watch for buying opportunities on the dips. First take...
XAUUSD has a Deep Crab Pattern; POTENTIAL REVERSAL ZONE arround @1116,50 - @118,50 with completion of XA + BCD projection
However , we can expect the price reverse @1113-14 level with completion of AB=CD
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Entered this trade just few hrs ago and the Target was hit just couple of mins ago!
Over 90 pips profit on this pair alone along with all the EUR based pairs i traded but didnt have time to post them up here b/c i was away from the screen and there wasnt any point posting them up b/c price was reaching their targets already.
Attached to this is original post...
Throughout this entire year, USDCAD has been rallying which can confirmed on the larger timeframes such as monthly, weekly and daily.
I'm basing this trade based off of that momentum and on a simple trend-contination setup.
As you can see, price has been consolidating this past week and along with all the momentum n volume today coming because of greece, Im...
Same play as i posted before on the 4hr chart but this time on a smaller timeframe. (attached in the related links)
Same rationale as well as there is clear selling pressure building from the triangle/wedge pattern from the last few days.
Expected price target for this play is 130.90
Today's post is more about professionalism in the face of failure then reporting any new setups. Recently, I had started to make the case for the Alt coins and their long anticipated catch-up rally to BTC. While I still do feel that scenario has a high likelihood of playing out, this production is all about LTC's recent failure and how I acted in the...