Disney recently announced positive news surrounding it's executives chain and has held a strong uptrend over the course of the last few months. If the stock breaks and closes above $112.86 there's a good opportunity to go long and follow the uptrend. If it breaks downward though, and closes below $111.12, then an opportunity for a credit spread or put position...
On my previous post I stated that there could be a downside movement for this pair. However, there was a large amount of upside movement which looked like it was due to noise or news which has been released. As seen yesterday there was some news released for AUD which may have sparked the current increase in buyers. I feel that the noise period is over and a...
*WE'VE ACCIDENTALLY BEEN PUBLISHING PRIVATE IDEAS* The fundamentals for Gold is looking bullish, and our trade we made back in the beginning of February has performed well using our first draft of the FriendlyTrend Signal. Our initial 5x contract entry at 1221 is not at an above-breakeven stop loss, and the spike up w/ a close allowed for a 4x contract entry with...
If you get stopped out you have two choices: 1) Wait for price to reach the next key level before re-entering 2) If analysis completely wrong then plan for opportunity in opposing direction I got my last AJ short idea completely wrong but that doesnt matter as long as you define your risk according to much larger rewards. Warm Regards Rodrigo Antonio
Target reached, but the Stop Loss was triggered beforehand. I personally prefer waiting for a confirmation (i.e. closing of the period confirming the stop loss) before cutting losses instead of using automatic stop losses, which would have been perfect in this case, but $2+ of potential loss is a scary thing. Let me know what you think about stop loss levels,...
Hey guys today I bring you this awasome trade! If everything goes well, the target will be accomplish soon :D
Looking for a break of this falling wedge to make a profit of a little pips.
As you can see, I took a buy order where that little blue arrow is. Market goes up, hits the daily range and then plummets right back down and hits the stop loss that I had right below the support. To add insult to injury, the price rises right back up after hitting my stop loss. What makes price do that? I also had the same thing happen with my USDJPY trade;...
i find 2 wolve waves in Aussie/Swissy 3H chart . It's time for short!!!
Hi Trader, There is a bearish bat pattern setting up on Pound with a D leg completion at 1.26300. See trade details below. I always know my entry and exit prices BEFORE entering a trade, consistency is king in this business, assuming you have an edge ;) Trade details: Entry: 1.26270 Stop: 1.26840 Target 1: 1.25110 Target 2: 1.24330 Have a great week of trading! Luke
Price is currently testing the top of a channel, stochastics confirms that the price might bounce and head lower... thoughts?
Gas has just retraced and bounced off of the 2.65 Support level. It has also met with the lower end of it's uptrend that has been growing in strength since march. This is a good opportunity to enter long due to the strong support, uptrend strength and great risk reward ratio. My stops will be at roughly 2.45. Take profits will be spaced equally at critical...
This current SHORT order is based off my 4H trend following strategy. I use the 20MA as a resistance barrier and SHORT orders can only be made when 20MA is below 50MA. Trade entered at the end of 4H close (5:00 GMT+1). SL will be move to entry (£0.00 loss if hit) after 4 x 4H candles (16H) if price is below, otherwise I will take the full loss. Second SL move...
Spotted a bat pattern forming on the NZDCHF daily chart. When the market opens back up tomorrow I plan on setting a buy limit order at the 0.886 retracement of X to A with my stop loss just below X and profit target set for the 0.382 retracement of the A to D move.
Be careful of the volatile news affecting the dollar but anyway the downtrend is coming to an end and us seeing bullush momentum when price reaches 1.51 level it will jump. Price is well belo wboth EMA's and stoch is oversold.
As mentioned on the callout, we're likely to see a run up into the old high and beyond to take them out. Or it'll not take it out and just keep pushing down. This is a followup of the earlier NZDUSD idea mentioned below under related ideas. Good luck!
Strong uptrend so im following it. slight downtrend and choppyness has started because of heavy selling. price should come back up to normal. I could be wrong and price could touch the blue rectangle of support at 1.72619 level, if price does touch that rectangle a reverse is definitely going to happen. EITHER WAY I AM BULLISH