We have an interesting situation here during this altcoin rally.
DOT is not the best performing assets lately but did a good rally. However it seems running out of steam right now, so a quick short is not out of question.
I would take half profit at 8.7.
As always, DYOR.
Best of luck.
Hope you're doing well during this nice volatility from crypto market.
Here is a good looking trade for GMT/STEPN token. TMS strategy is confirmed on daily, 4H and 2H.
First TP is given by weekly TF around $1.4.
Let's give a try, as always with careful money management and a not-so-tight SL.
Best of luck,
A very risky trade, only for the bravest!
On daily Filecoin has yet to choose a direction, and on 4H a very clean bullish signal appeared.
On smaller TF, price action seems under control for a bullish move.
So I setup a tight SL in case we are fully wrong on this one.
If we manage to get above 9, I would not take half profit (unless price action...
Another day, another trade. Following our improvement on TMS system for crypto, here is a half-assed trade.
On 2H it seems valid, however on daily it's too early to enter, but you know... YOLO!
Best of luck.
An interesting pattern on EURCAD could lead to an upside rally in order to touch the weekly red resistance.
On daily, several indicators shows some strenght left.
We aim at take a small profit @TP1 (1.516) then have a trailing stop doing the job.
Good RR for this technical trade.
Purely on technical, this setup is a bit late (the entry) but could give some good reward.
Fundamentally I'm a very biased towards gold and silver so I can find reason to buy some in a lots of setup!
Anyway, the RR is quite good, if you're not afraid to enter a day late.
Gold has already rallied a lot but could head higher, as silver.
Something interesting could be at play here with a broader picture.
If you take monthly timeframe on the left, we could expect a tag of the red trendline happening sooner or later.
Daily time frame gives us an entry based on TDI, with a clean cut.
We are a day late to the party but still RR seems quite good.
As usual, I would take a cautious approach with some...
A similar setup to our current EURJPY trade, but with less room for clean upside. I'm not saying it's a bad trade, for my strategy it's less obvious to open this one. I'm seeing a hidden bullish bias on weekly timeframe. SL is higher than it should normally be in order to set up a good RR.
Sometimes it gives good results, sometimes it screws a good trade (look at...
I believe we can try this trade-inside-the-triangle with this nice setup. We failed the last GBPJPY trade by a few pips and if we follow the rules of PAC, we should probably at least touch the first TP.
RR is quite good.
A ballzy trade so risk less than usual here if you're not familiar with my style.
I expect a continuation of uptrend on the short term. So I open a long here and aim for 148ish with trailing stop following the green line.
On daily, this is a clean break that could usually lead to more upside. PAC and MA brokenon daily. I'm lacking confirmation on 4H or weekly as this pair seems rather in consolidation that in a clear trend. However that does not prevent us to make some "scalp" with a few hundred pips.
Good RR here so let's try this one.
Hi guys, after this long break, I'm back in full force for trading forex.
We start this month with a proper setup, but being a bit late to the party we miss the entry yesterday when PA broke PAC.
I've waited a bit today to get a not-so-awful 1.34 spot price. So we are bound to reduce SL in order to keep the trade interesting. When we shot above 1.345 I will start...
This setup is one of my favorite. Previous failed reversal leading to another lower low, but with clean room for another attempt for some fibs.
PAC and TDI are showing signals that it could be right now, so with RR it's worth taking the shot.
No fundamentals here in play, just pure technical.
Let's see how this evolve in the following days.
Hi there fellow traders. This is an upset trade, on one of my weakest pair so be prepared! Another potential fake breakout on daily that I have already tried to catch before. So we are still in consolidation.
So why now?
Because my strategy tells me to, and we have a good RR. SL is not very far and with current instability in Europe it could be at our...
I'm taking way too much time to update my numbers. Good month for May with more OTK than Fail trade and overall, more ITM. We're back in positive zone since february and that's good!
I'm now working on cryptos that's why you don't see much trade on forex/comex these days. It's not over I will manage everything back in a few weeks.
EURAUD +163 pips /...
Seems a legit trade, as several keys parameters are checked. RR is not that high so maybe open a lower lot is a good idea. This pair is breaking BB around RSI50, that often proves to be a good resistance. If truly broken, we could expect some profits.
Trade with your own diligence,
Here is a not serious trade but I was waiting for a setup like this to try something based purely on technical.
Usually this kind of method sucks, but I want to try. That's why I'm buying here the cable for on reason : LBB on TMS has broken below 0. It happened on daily before and are "usually" followed by a knee jerk reaction. SL is very tight and TP not very...