EURCAD 4H Bullish Patter about to be compleated
Entry is from D point and targets acording to FIBO 23 38 50 61
EURCAD4H Bullish Patter about to be compleated
What to expect before Major Session kicks in (Session start)
This is probably the most common type of trading - "Start session breakout"
But, as you can see, what also is very common - whipsaws are so common, and due to lack of money management, the beginning of the session can be very disturbing, and it also can be the end of trading for a current day or even...
HA-HA, I think I can hear what you're saying now about money management, and about my words.
But look, to be consistent in profit we must do a couple of things on a regular basis.
1 Follow our system or a trading approach with no excuse - to keep the statistics.
2 Not to be afraid to trade, when we see a signal.
2 Use our stop losses without any excuses, and no...
Look at the beautiful cross of trendlines - retracement after initial move up has come
and previous trendline down is being tested and acts as support now
Trades don't get much easier than this: SL 1.42 - TP above previous highs - at least 1.437
Enter now
This is my first ever post on GBPUSD.
I am very new to trading and THIS IS NOT A LIVE TRADE I am just checking my trading plan to see if I can go live very soon but with lots of confidence.
So please go easy on me. I welcome any feedback good or bad.
Thanks
Rick
Descending Wage pattern waiting for 2618 Trade completion with good risk to reward
As we push down into previous structure support, im expecting to see some relief at this level.
Looking at the 4 hour chart, we can see the market is putting in this descending wedge formation putting in lower lows, with the RSI putting in higher Lows.
This is known as "Hidden...
