Only Trying To Get A Super Setups with Low Risk large Rewards if It Doesn't reach The Horizontal Line to try clear the Old buys Will Not Jump in the opportunity. Going for a Trend Continuation which my bias is saying Longs. Always Check For Multiple Confluences Before taking Trades. Typical Risk per trade 0.5-1% Trying to aim for 1:2RR going to leave 80% To run...
as you can see, the purple line indicates an uptrend going on...
current support : 1540
1st tp 1560
2nd tp 1580-84
SL : somewhere around 5-10pts below the support level of 1540...depends on ur account size...
**this is juz a trading idea, dun trade it if it is not part of your plan...trade at your own risk
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as expected, price rejected our upper green trendline and traded lower.
and since price didn't break above our orange resistance, we are still overall bearish.
price is retesting our green trendline again so we will be looking for objective sell setups on lower timeframes.
Unless price breaks our orange trendline objectively, then we will be looking for...
GBPCAD - Long off the 0.618 Fib
GBP is still strong again the CAD and in an upward trend even with the big GBP sell off after comments form Boris on UK trade deals
Still waiting for an Entry signal however
it failed to breakout the trend line and the support zone, we have some candles closing and lining up! entering here with 25pips SL! lets see if it can keep its trend!!
give me your opinion!! leave a coment
#3 Aroon Pullback & Trend Trading Strategy
The Aroon-Up continuous reading close to the 100 level is an indication of a very strong trend. However, at some point in time one or two trade scenarios can happen:
To expect a trend reversal
Or, to expect a pullback
The Aroon interpretation of this type of reading suggests that we’ve been forming these higher highs for...
#2 Aroon Trend Strength Strategy
The underlying strength of the trend can be revealed through the Aroon lines.
After we reach the 100 level sometimes we’re starting to get periods of little changes.
The Aroon UP will simply hang, kind of like reaching a plateau.
This is the same kind of activity that can be found when a traditional oscillator reaches overbought...
AUDCAD Multi timeframe analysis.
This is a short trade taking the WEEKLY downtrend as my bias using the Daily all the way down to the One Minute to pinpoint my entry.
1. Weekly Downtrend Continuation
2. Price at the Gartley Pattern with perfect ratios
3. Price has spiked out of every ADR channel at the high from the Daily - One Minute
4. A VSA entry on any...
Hi,
Im getting long as we are breaking a ascending triangle on the Kiwi with GOLD remaining strong with the AUDUSD too.
Entry at 6748, TP: 6762, SL: 6741 (3:1 RR)
Thanks.
Clean break above minor resistance and some room to go higher, conviction in the move aswell so if we get a pullback it would be a deecnt buy for at least a retest of the highs.
Hi everyone,
it might be time to buy in again here.
We have broken out of a descending wedge and we are back above the ichimoku.
You can set a tight stop just below the base of the wedge to mitigate risk. Mine is just below 7k.
This recent pullback into structure has offered a high probability trend continuation trade on the cards. looking for a potential bounce from the currently tested support area and a push up to test the 0.73700 zone
A Rejection Candle that signify that buyers cannot push the price higher for a possible reversal scenario. We can look for a possible short trade in the lower time frame, specifically in the 1 hour time frame. This will push the price back to the major level of daily structure around 0.65180.
Hello Traders
Dollar yen has been on a rather violent bullish action the past two days after about six days of consolidation.
Highlighted the major trend line that was broken on the hourly.
My case is to wait on the retracement to take place back to 112.500 and trade the retest from the upside of the trend line.
If price continuous without revisiting that price...
One more tactical trading Tuesday for your consideration:
We are back once again to that 1.15333 level after a major capitulation for euro.
Looking to go long again at this very crucial support zone as the buyers are jumping back in.
There are wicks going as low as 1.1505 but this is only corrective movement not to be confused with the overall uptrend.
Once...
