Approach: Entry: Break and close of trendline, as indicated SL: Below Low after beak and close of trendline. TP: adjusted with sl for a 1:3 R:R Considerations for setup: - Bullish Trend - Support area - Volume Profile POC - Weak Fundamentals overall for ZAR Good luck :-)
Economic uncertainty remains an issue in SA. Dollars seems to be gaining the edge in the break of the trend line. Reason for Trade: - Fundamentals against SA - Bullish Market - Trend line break R:R 1:3 Good Luck :-)
Trade the trend breakout. Reasons for trade: - Bearish Market - Trend line break forming - Over bought - Volume Profile @ Point of control R:R 1:3 Good Luck :-)
R:R - 1:5 Reason for trade: - Strong bullish momentum - Oversold - Trendline break Good Luck :-)
Setup: It was noted that EURCAD could be dropping to 1.48 handle Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Divergence Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 1.52636 SL: 1.54695 TP: 1.50813 ...
Setup: It was noted that GBPCAD could be dropping to 1.69 Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Divergence Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 1.73634 SL: 1.75846 TP: 1.72161 Trade 2:...
Setup: It was noted that EURAUD could be dropping to 1.5 handle Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Divergence Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 1.56999 SL: 1.58197 TP: 1.54962 Trade...
Setup: It was noted that GBPAUD could be dropping to 1.69860 Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Divergence 3. Double Top Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 1.78547 SL: 1.80465 SL >...
Setup: It was noted that EURADU could be dropping to 1.52 handle Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Divergence Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 1.55212 SL: 1.56270 TP: 1.53774 ...
Setup: It was noted that EURUSD could be dropping to 1.14 handle Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Divergence Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 1.17953 SL: 1.19264 TP: 1.16361 Trade...
Setup: It was noted that GILD could be dropping to 73.878 Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Divergence Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 71.94 SL: 74.35 TP: 62.39 Entry: 71.94 SL:...
Setup: It was noted that NZDJPY could be dropping to 73.878 Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Divergence Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 77.225 SL: 78.120 TP: 75.628 Trade 2:...
Setup: It was noted that GBPJPY could be dropping to 142.038 Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Divergence Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 147.208 SL: 149.356 TP: 145.057 Trade 2:...
Setup: It was noted that EURJPY could be dropping to 123 handle Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Divergence Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 129.463 SL: 131.778 TP: 126.777 ...
Setup: It was noted that BIDU stock heading to 296 handle. Our setup is complemented by the following: 1. Multiple timeframe trend analysis 2. Divergence on H1. 3. Gap analysis Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 243.89 SL:...
Setup: It was noted that EURUSD could be dropping to 1.14599 Our setup is complemented by the following: 1. Multiple timeframe trend analysis 2. Divergence on H1. Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 1.17099 SL: 1.17790 TP: 1.15916...
Setup: It was noted that EURCAD could be dropping to 1.48549 Our setup is complemented by the following: 1. Multiple timeframe analysis 2. Head & Shoulders Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 1.51432 SL: 1.52535 TP: 1.50194...