Pair is falling inside the 50 sma & 100 sma range. Short Trade Sell Stop @ 1.7665 Sell Take Profit @ 1.7555 SL above swing high
Step #1: Identify a downtrend and a rounded retracement into that downtrend (The Cup) We’re breaking down the Cup and Handle trading strategy into several steps. The first step is to identify an downtrend and a rounded retracement into that bearish trend. That rounded bottom is the first component of the Cup and Handle pattern. The strength and the longevity of...
The YEN pairs are all setting up for this same move. EURJPY has a large space to work with and a good Macd to help with the stop Long Trade Buy Stop @ 124.97 Buy Take Profit near the 50 sma @ 125.67 If Macd drops below Red signal line close trade SL @ 124.25 Wath Macd for Bullish confirmation
5 Candle matery System finds buy/sell signals showing colored column SL & TP will post Trade cancels if goes below middle teeth line
Step #1: Wait for the MACD lines to develop a higher high followed by a lower high swing point. This is an unorthodox approach to technical analysis. But, we at Trading Strategy Guides.com are different. We don’t mind doing uncomfortable things if that’s what it takes to succeed in this business. The first rule of thumb to recognize a swing high on the MACD...
Step #1: Identify the Phase of the Market. The Double Top reversal needs an uptrend. Just because you can spot the double top reversal it doesn’t mean you have to jump in willy-nilly. Remember, we need the right context and everything needs to line up for a good double top reversal. So, the first step is to identify the phase or the market condition. At any given...
Step #1 Divide your 5-Minute Chart by Trading Sessions Since we’re using a strategy only for day trading Ripple we need to make use of intraday charts. The ideal time frame to implement our Ripple strategy is the 5-minute chart. Also read the simple way of trading multiple time frames in forex. The 15-minute chart will give us a better view of the overall price...
Pair is in a range Price failed a bullish breakout attempt Watch Macd for confirmation of direction Short Trade Sell Stop @ 1.1327 1st Sell Take Profit @ 1.1295 2nd Sell Take profit @ 1.1255 Find your SL
I entered on a Sell limit @ 1.3295 after FOMC news Sell Take profit @ 1.3237 from previous resistance level Find SL above closest resistance level
Price in a range Create fib levels at Swing Low and Swing high 23.6% fib has created a resistance level - several failed breakout attempts Price has created mini lower lows and lower high Decision point at sup level and trendline for price direction Short trade setup 1st Sell Stop @ 1.3225 2nd Sell Stop @ 1.3195 Sell Take Profit @ 78.6 fib level around...
Price is in a descending triangle chart pattern Bottom support triangle trendline @ 367.10 Trade 1 - EFC Indicator finds Entry and TP levels Short Entry alert @ 372.28 EFC Take Profit level @ 300 Trade 2 - Breakout of Bottom Triangle Trendline @ 367.10 Enter with 1h breakout candle close Sup/Res level...
Price is in an ascending triangle chart pattern There were 4 failed Bullish breakout attempts of the triangle top Price is falling to triangle bottom trendline 1H Short trade Sell Stop @ 76.20 Sell TP at bottom triangle trendline There will be a decision point at the bottom triangle trendline Long trade Price will rise up to the top triangle trendline Bullish...
Macd has divergence Watch for Macd to cross below Red signal line Short Trade Sell Stop @ 1.3195 1st Sell Take Profit @ 1.3145 2nd Sell Take Profit @ 1.3061 Find SL
Price has been in a short range pattern Long Trade Enter on Break-Hook-Go @ 1.5949 Buy Take Profit @ 1.5947 Short Trade Sell Stop @ 1.5895 Sell Tke Profit @ 1.5865 SL 30 pips from entry price
My definition of a trend is when price is above both ma's for 30+ bars When price fails to make a newer high within 20 bars I expect price to return to the ma's As price faded and dropped below both ma's I was watching for Bearish patterns As price created a break-hook-go pattern I entered short at the break of the beginning of pullback
Weekly Chart: Fib levels - Sup/Res - Trendline Daily Chart: Directional arrows 4H: Range levels 1H: Entry of breakout
Weekly - Sup/Res levels Daily - Fib drawn. Watch for bearish breakdown or bullish continuation 4H - Additional Sup/Res levels for breakouts 1H - Entry
Pair attempted a bullish triangle breakout but failed Price broke out of bottom triangle trendline Price re-tested top resistance level for a sell limit entry Sell Take Profit is a previous support level @ 1.8575 SL above resistance level