Looking at the EU to finally continue buying at Market Execution or Buy Limit at 1.10900. - SL 1.10500 (40 PIPS) // TP 1.11300 (40 PIPS) - Structure is broken on the upside. Bullish conditions met. - MOM facing up and above 0. Bullish conditions met. - STOCH facing up and above 50. The blue line is above the orange line. Bullish conditions met. Please use...
AUDUSD actually did rapidly sell after the rate announcement at 12:30 AM EST. It is already below the 200 EMA and has just broken structure on the downside by crossing below the 50 EMA. - MOM looks like it is on the 0 line but it is actually negative which for me is a bearish confirmation. -STOCH is below 50, facing down and the orange line is above the blue....
I am thinking that NZDUSD will sell. - The candles are below both of the EMAs. Bearish conditions are met. - The MOM is below 0. Bearish conditions are met. - The STOCH is below 50, facing down and the orange line is above the blue line. Bearish conditions are met. Potential trade idea. Sell at Market execution or Sell Limit at 0.61500. SL: 0.62000 (-40...
NZDUSD is still very bearish and I believe it will continue to sell. - The candles are still below both of the EMAs. Bearish conditions are still met. - The MOM is still negative and below 0. Bearish conditions are still met. - The STOCH is below 50, facing down and the orange line is above the blue line. Bearish conditions are still met. Potential trade...
It looks like GU may continue to sell. - Candles are below both EMAs. Bearish conditions met. - MOM is facing down and below 0. Bearish conditions met. - STOCH is facing down, below 50 and the orange line is above the blue line. Bearish conditions met. Market Execution or sell limit at 1.26050. +40 PIPS TP 1, - 40 PIPS SL. Adjust your SL and TP based on your...
Hey Rich Friends, EU did sell and 40 pips were secured with TP 1! I am hopeful that TP 2 and TP 3 will be reached soon for a total of 80 pips and 1:1RR!
It looks like EU may continue to sell. - Candles forming below both EMAS. Bearish conditions met. - MOM facing down and below 0. Bearish conditions met. - Stoch facing down, below 50 and the orange line is above the blue line. Bearish conditions met. Sell At Market Execution Or Sell Stop At 1.09300 Or Lower Sl: 1.09700 Or Higher (40 Pips) Tp 1: 1.08900 (40...
EJ is looking like it will continue on an uptrend. - Candles are consolidating above both EMAS. Bullish conditions met. - MOM is facing up but has not crossed above 0 yet. Waiting for this confirmation. - STOCH is facing up, above 50 and the blue line is above the orange line. Potential Buy At Market Execution Or Buy Limit At 158.550 Or Lower SL: 158.200 OR...
Hey Rich Friends, I set a buy limit for EJ last night and it triggered and hit TP 2. The key to any strategy is to trade what you see, not what you want. We are retail traders, not market makers, please listen to your indicators. The main reason why I decided to take a risk on this buy is that although the market was moving sideways, the candles were still...
It looks like GU will continue to buy, now that structure was broken on the upside and it has crossed above the 50 EMA. There was also a huge rejection/push-up on the previous candle. - Candles crossed above the 50 EMA. Waiting for the cross above 200 EMA. - MOM is facing UP and ABOVE the 0 line. - STOCH is facing up, above 50 and the blue line is above the...
It looks like GU will consider to sell. 1. Break of structure on the downside with a strong red candle 2. Candles are below both EMAs. 3. MOM is facing down and below 0. 4. STOCH is facing down, below 50 and the orange line is above the blue line. I did market execution but also set a Sell Stop at 1.26750. SL: 1.27150 (-40 PIPS) TP 1: 1.26350 (+40 PIPS) TP...
Hey Rich Friends, This was such a great trade set-up but unfortunately, I was stopped out by 3 pips before it continued to sell! Happy for anyone who re-entered or is still in this trade! You win some and you lose some. On to the next trade :) Peace and Profits, Cha
Hey Rich Friends, It looks like EU will continue to sell. Here is what I am looking at: - The candles have crossed below both EMAS and have started to consolidate below the 50 EMA, - The MOM is facing down and below 0. - The STOCH is facing down, below 50 and the orange line is above the blue line. - High Impact News on both the EUR and USD the week....
Hey Rich Friends, I think AU will continue to sell. Potential Market Execution or Sell Limit. -The market has continued to reject this area 3 times. - The MOM is facing down. I am waiting for it to cross below 0. - The STOCH is facing down, below 50 and the orange line is above the blue line. I stick to simple indicators and confirmations with this...
Hey Rich Friends, It looks like AU will continue to buy. Here is what I am looking at: - The candles are above the 200 EMA and have crossed above the 50 EMA - The MOM is facing up and above 0. - The STOCH is facing up and the blue line is above the orange line. I am waiting for it to cross above 50. I am looking to buy at Market Execution or set a buy limit...
Hey Rich Friends, I am happy that after hours of consolidation, the EU market did sell just as I had forecasted yesterday. It has been a long and slow week for me trading my usual EUR pairs but the big drop, break of structure, and bearish engulfing candle that happened this morning were exactly what I needed! In this video, I will review the strategy...
Hey Rich Friends, I think AU will continue to sell. Here is what I am looking at. The market has already tapped into the supply zone. It may retest around 0.64450 or higher. - Candles have crossed below the 50 EMA. - MOM is below 0 - STOCH is facing down, the orange line is above the blue line but the lines have not crossed below 50. Waiting for these...
Hey Rich Friends, I think NZDUSD will continue to sell. Here is what I am looking at: - Candles are in a previous resistance/supply zone - Momentum is negative - Stoch is facing down, the orange line is above the blue line You should wait for: - Candles to close below 0.59750 - Stochastic to cross below 50 - CHECK THE NEWS I will set a pending order called...