The first question i always ask myself is "who is in control of price?" that way i can analyze my trrading from a price action point of view. So, who is in control of price on this one? First we have a bearish trend followed by a tiny pull back and then an indecision candle which tells us that the bearish power might transitioning to the bulls. Of course i...
targets and buy area are from fibo retracements and as you know mid term trend line has been broken upwards and the buy area is a pullback to the trend so mid term profit will be way more than this probably 30 - 60 percent but i do short term trades so this is pretty safe i think . remember trades can always go wrong so be sure to stay committed to the stop loss !...
I think the MACD and Stochastic RSI say enough. I expect to see the $10 resistance tested by mid fall should this indeed become a breakout. Could find some resistance around $7.15 but the indicators will tell us everything as this trend develops. I have been following this asset for some time (see related idea for reference). Trade safe. Not Financial Advice.
I recently published a linear regression Channel breakout Screener. This is a mix with RSI crossovers i.e when price closes above the midline and RSI crosses over 60 and vice versa! Few other Linear Regression ideas also discussed in the screener write up , check them out!
after the flash crash, the market si continuing to show the consolidation status.
I recently published a linear regression Channel breakout Screener. This is a mix with RSI crossovers i.e when price closes above the midline and RSI crosses over 60 and vice versa! Few other Linear Regression ideas also discussed with the screener ..check them out!
Ethereum just broke out of it's ascending channel, It retested it and now it's holding a support level, i personally have shorted it but don't believe this is a good entry point if it breaks below 2460 i recommend shorting to 2385 for approximately 3% gain.
Mask network is one of the newest coins to hit Coinbase. (showing KuCoin chart due to longer price history) Highly speculative play anticipating a reversal or short rally. Price has collapsed 96% which is very lucrative in my opinion. This coin has a rather high inflation rate but low total supply so with demand it should not be an issue. Something to...
Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly'...
On this chart we see quite impressive market structure. Overall I am looking to short this currency pair but at the moment we need more liquidity in order to go short. Where is this liquidity? Its above the previous highs look to the left at 1.1544 area. So I am currently long, expecting price to take out the high ( my take profit). I have access to market makers...
Getting on into late afternoon here in UK but the forex is market is 24/5. Our NZDUSD H1 strategy has just alerted for a long trade. Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as...
This is a quick update for a trade idea I shared two weeks back. I did say it was going to be one for the swing traders and the trade has hit profit target 17 days later. The pair in question is a NZDUSD working the H4 time frame. Strategy is a 1:5 RR ratio. This kind of trade epitomises the importance of sticking to the plan. Good profit was on the...
Trade details are shown on the chart. TP target was hit a few hours after post. This strategy is a 1:1 RR with a strong win rate which makes for nice consistent gains. Other trades shared this week have hit SL and don't look as successful or impressive. But that is just a one trade insight of a strategy. Some of the other trade ideas shared this week have...
As you can see the market is ranging in a small zone for sometime and it just met with the supply zone, which means that it will have highest chances to move to the demand zone now. It has started fhe move and it maybe taken as a late entry but there is a chance. Apply strict risk management, no more than 0.5% on the trade.
An extremely strong resistance level has been conquered with a relatively high trading volume(Neither low nor very high) So the price is attractive to new traders, and current traders can still buy ================================================================== My last target is 135%, but it is possible to reach higher levels...
Yes price is rallying, yes I am still bearish. Do not be fooled by these final pops higher, they are running on fumes. Sell in May? yes indeed.
From last week's daily chart, US30 hit tp 2 for +300 pips. Once price has passed daily resistance, I entered for a buy and price did not look back down after that. Price is almost at a all time high, so be on the lookout for a huge rejection or a huge breakthrough. With this startegy, you can assure yourself a huge profit win with very little losses I recommend...
Strong weekly demand imbalance lower, it now appears as though we are beginning to pullback to that area. Either wait for confirmation (New demand zones on lower timeframe) or take as a set and forget type of trade. Long bias! :)