Hi Purpose Traders. If you've been struggling with reversals and when to use more timeframes to trade them, I created a video for my client Eddie that I wanted to share with you all. He has progressed so much and is overcoming one of the greatest fears most traders have which is relinquishing control over the trade. I pray this video helps you as well. Be blessed.
Bearish breakout : Entry price 7.08871 Take Profit 7.06302 Stop Loss 7.10881
Hehe... saw pattern when it was much younger. Itz gone farther now- LTF skit. Hopefully, it retraces to this level, if should provide opportunity for you again.
Amid losses across markets on fears of the impact of soaring inflation , a hawkish Federal Reserve and the Russo-Ukrainian conflict. Coronavirus-induced damage to the public finances has been minor, reflecting a large fiscal surplus prior to the pandemic. In response to Russia's invasion of Ukraine, Denmark has pledged to donate 2,700 anti-tank weapons to...
The USDDKK pair has been trading within a Channel Up for more than 1 year. The recent 1D RSI sequence points to a medium-term top. Long-term buyers can either enter on the 1D MA50 (blue trend-line) on a tight stop loss and if triggered wait for the final buy on the 1D MA200 (orange trend-line), which buy the time will be on the Higher Lows (bottom) of the Channel...
This could be a Double Top of sorts that would atleast take us down to the Neckline at C
Entry Price 6.70095 Take Profit Price 7.02361 (4.82% Increase) Broken Level Retested Level
USDDKK Long on Daily. SL and TPs on the chart. 30x leverage.
USDDKK Long Scalp, 100x leverage. SL is liquidation. TPs on the chart.
USDDKK Short. 100x, SL is liquidation. TPs on the chart.
USDDKK short scalp. TPs on chart. SL is liquidation. 100x leverge
Supply (sell) pressure looks light coming off of that previous supply zone. But we dont want to buy this close to a previous supply zone. There may possibly be more supply right above there that can knock the price down. You want wait so that there is space between yor entry and a previous supply zone.. why is that? Because if you allow yourself space you will...
If you like my strategy, please strictly control the single loss between 1-2%. We have played many games in the market. The investment itself is very low-risk, and irrationality is the biggest risk. My trading behavior report is available at the link below. I can analyze the market in a short time, involving foreign exchange, encrypted currency, commodities and...
The Dollar index topped 96.00 last week and is now retracing. The bulls can potentially push price higher again if price can stay above the higher low at 95.51. In this video, I've also added USDDKK which is a positively correlating currency pair. Take look and be sure you're following me here on Tradingview and Youtube(SLFX Trading). Have a safe trading week.
Similarly like the High returns from USDPLN Here is USDDKK also. You might want to use reversal from the trendline for another Entry opportunity. All the best!
hi During the week, the double bottom is beautifully formed and the pullback setup has occurred.
Everything looks good on the chart to me. Any idea why this order didn't fill?? The entry price on my buy limit was hit!!