Morning traders After a winning long trade on Friday our strategy says a short trade is now valid on USDCHF. We are working the 30M time frame here with the strategy set to a 1:3.5 RR ratio. Now I don't recommend jumping on random TradingView ideas as that is no way of knowing if you are trading with a proven EDGE. How do we know we have a proven trading...
Morning traders After a 50 pip winning trade earlier on this week our script has just alerted us to this sell trade. We all know this pair is well over bought this week but when was the time to enter that sell? When our script tells us too! Trading our script is this simple. No excessive chart time analysing! Simply set the script to your style and trade when...
Consistently making higher swing highs and higher swing lows. Take a BUY position at this area, potentially creating the higher low that we needed, in order to push towards the next extension level for take profit.
I posted an Ethereum chart on the 7th of February and I was able to accurately trade several long positions throughout the duration of the past few days using Fibonacci levels as an idea of support, resistance and entry/ exit. I believe that COINBASE:ETHUSD will retrace and find support on one of the lower red trendlines unless we continue and break upwards...
AUDCAD H1 - SHORT Double top formation into a resistance area. Look for selling pressure before taking a SHORT position.
Hello traders. Our strategy has started to present trades on our charts as the London session gets going. Here we are working the EURCAD pair on the 30M time frame with just below a 1:3 risk to reward ratio. I don't recommend jumping on random TradingView ideas as this is no way of knowing if you are trading with a prove n EDGE. Our strategy allows us as...
Afternoon Traders. Our strategy has alerted us to a long trade on EURGBP . Working the same strategy as this mornings posted idea which was a short that hit take profit target. We know have a long trade in progress on the same pair. We know this strategy is profitable on this pair and have the back tested data at the foot of the idea to prove it. I don't...
GBPCHF H4 - LONG Prices are constantly making higher swing lows, eventually leading to a breakout towards the upside. Currently, looking for a retest onto the support area where we will take a potential LONG position. Monitor the price action at the support area before taking the trade.
Hello traders. Our strategy presented this trade a couple of hours ago. A EURGBP trade I covered earlier on has already hit take profit now we are hoping this one can too. We are working the H1 time frame with the strategy set to a risk reward ratio of 1:4. The strategy itself is based on 4 individual strategies all lining up for extra confluence. The 'BUY'...
Strong breakout of previous resistance, now turned support. It seems that prices are rallying due to the huge movement from US DOLLAR. If we get a pullback, we could take a BUY position. Be patient, do NOT chase the market nor buy when it is rallying. A strong move usually consolidates after awhile, or retraces for a better entry!
Morning Traders Overnight our strategy has presented a short position on EURGBP. Working the H1 chart here to a take profit target of 23 pips. We have the strategy set on this pair operating to just over a 1:1 RR ratio. The built strategy tester allows us to see results trading in this manner. Those results for the last three years of trading show 122%...
EURJPY H4 - LONG Strong push phase that broke the ascending trendline and now coming back for a potential retest onto the confluence zone. Look for a depletion in bearish momentum and bullish price action at the confluence zone for a LONG position, with take profit target at previous high.
Triangle consolidation at the top, now broke down and looking for a retracement or pullback for a potential trading opportunity, selling it towards the next support zone. Look for bearish price action or bearish pressure to catch the move towards the bottom.
Rising wedge pattern, indicating that the buyers are losing steam. We are looking for a breakdown off the wedge and support area for a potential SHORT if we get a retest onto previous structure.
An idea for the next trading week. Looking towards a breakdown retest formation. Look for a SHORT trading opportunity on the lower time frame to catch a good entry, with take profit at the next support zone area.
GBPJPY H4 - LONG Clear confirmation that prices broke a key resistance level, now turned support. We are looking for a pullback onto previous structure @142.300 level for a LONG position upon confirmation, towards the next resistance level. A trade to take next week.
EURNZD H4 - LONG Initially, we have a bearish trend and it went into a consolidation period where prices are moving side ways, more of a falling channel/wedge pattern. Current strength and momentum is bullish therefore, we are anticipating the breakout and retest confirmation for a LONG position Drop down to the Lower Timeframe (LTF) for a BUY opportunity...
A downside move followed by a falling wedge (side ways, depletion of bullish momentum) and now a breakout with a series of higher swing highs and lows. Potential LONG if we get a retest onto previous structure or support for a LONG position towards a key level @1.29100 area.