Keep it simple ... Always. Risk : Reward 1 : 20 _______________________________ Moving Stoploss to break even if price gets to 1.8900 Manually closing order if price closes above 1.9015 (on the 4H timeframe) Past Experience DOES NOT Determine Future Outcomes. Past Experience DOES NOT Guarantee Future Outcomes. Trade Safe 🥂✅
Very nice Trade that I took today. This is actually the way on how to approach your trades by looking at the options that the market is giving you. In this case I was not sure which Demand Zone the market will pick so I decided to use all 3 Demand Zones. The first was activated and ran into profits. Then I secured the position by moving SL to entry which was a...
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...
FOREXCOM:GBPJPY Price has continued to bounce but not break through monthly major support zone area (shown above) during the previous weeks and month. We can now expect price to continue in the right direction as we have a reversal of trend occurring. Do your due diligence, NOT FINANCIAL ADVICE & always remember risk management is key. Stay bless yall and...
If we check the volume we see the seeling power is decreasing. The EMA could soon curle and the risk/reward looks pretty good. Good time to step in long.
The choice is yours - you can see it any way you like. The technical features here are: 1. Reducing peaks of squeeze momentum. 2. Recent RSI is below 50. 3. Rejection of 4H ATR line. 4. Large area of consolidation. Caution: none of the above means that price has to crash. Just to be clear - price could well go to the moon. The technical situation in my...
With summer quickly approaching the initiative in the oil market has changed with more aggressive bids similar to what was seen in December of last year. With inflationary conditions in the market becoming evident and supply chain issues causing major ruptures across many markets I still have very a bullish outlook on Oil. That being said, I also expect for a...
Very nice short taken today on GBPUSD. 3 pip Sl. 4hour unwillingness. LTF BOS giving early indication of downside potential.
I am looking for a shorter term trade on EURUSD, expecting one more dip to 1.2. Most of my bias stems from a recovering Dollar which I expect to continue going into next week after a positive outlook from the Fed and CPI meeting expectations.
Trade Analysis Based on Fundamentals & Price Action. With Risk Management you will never loss. Thank You
If you look in history back at the candle week starting December 11th 2017. You’ll see a big engulfing candle like the one we just had. Then a retracement wick down to 0.618 Fibonacci. I have sold some XRP at 0.45. If it goes down to 0.31 I’ll be buying back in. I must pace myself. My motto is, ‘always buy low & sell high, no matter what’ God bless. Trade safe....
trade Analysis Based on Fundamentals And Price Action. With Risk management you will never loss. Thank you
As you can see on the chart ,after breaking the dynamic resistance it will be a great entry point with great ratio of risk to reward.
As you can see my entry point on the chart there would be a great risk to reward ratio
Trade Analysis Based on Fundamentals and Price Action. With Risk Management You will Never LOSS. Thank you.
The world is in shock after President Donald Trump tweeted that he tested positive for coronavirus. Stocks markets fell, and gold finally broke free of the correlation with equities and advanced above $1,900. The bombshell development continues grabbing the headlines and casts questions about fiscal stimulus, the elections, and other topics. As investors...
Trade Analysis based on Strict Price Action and Fundamentals Research. WITH RISK MANAGEMNET YOU WILL NEVER LOSS. Best REGARDS RDIETHEMACRO