EURUSD - 30 Minute Chart 1. Wait for the candle to close on the zone break OR wait for close and retest of the zone. Be very careful of the 50 MA sitting above price. Could be a strong resistance level. 2. If you take the trend line break, you could also wait for the retest but if the price does not retest, let it go and wait for another trade...
GBPAUD Trade Idea - 30 Minute Chart 1. Wait for the breakout and candle close OR wait for the retest in the buy zone or sell zone. 2. Aim for a goal of 15 to 20 pips or if you are a more experienced trader, you can ride it out for more. ** TRADE AT YOUR OWN RISK **
Enter the trade on the break and candle close outside of either zone or wait for the retest.
If entering the upper or lower green zone breaks, wait for the candle to close outside of the zone or wait for the retest. If you take the red trend line break, enter at the break or wait for the retest.
Enter at the trend line or the zone break and candle close on the outside.
Enter at the trend line break and close of the candle or wait for the retest.
Enter at the trend line break or the retest.
1. Wait for the trend line break and the candle to close outside of the trend line OR wait for the retest. 2. Look for any red folders in the news. If there is one concerning this pair, hold off on entering the trade. 3. Make sure that the confirmations are hit before entering the trade. BE PATIENT!!! 4. If price goes to the BUY BREAKOUT ZONE, set your STOP...
Here is my analysis of EURUSD. Set your alert for price exiting the channel and take the trade at the zones or on the bounce of the retest.
Here is my AUDUSD trade idea for the upcoming trade week. Even though it looks a little different, the same rules apply. Set your alerts on the trend line breaks and if all confirmations are good, enter at the breakout zone or wait for a retest if you want.
Here is my GBPAUD trade idea for the upcoming trade week. Once again, lets be prepared for a breakout in either direction.
Here is my EU trade idea for the upcoming trade week. Looks like we may have an up trend coming but we will be prepared for the break in either direction.
Here is BTCUSD forming a descending wedge that will most likely go into the BUY ZONE. I set my alerts on both trend lines just in case it crosses into the SELL ZONE.
Set alerts for top and bottom zone breaks and with confirmation, enter either on the zone break or wait for the retest.
This is the AUDUSD trade that I sent out on yesterday. After coming close to stop loss, we took profit of 20 pips and it went an additional 32 pips higher.
Here is the NZDUSD descending triangle which indicates that a SELL is on the horizon. Set your alerts on the trend lines and wait for it to play out.
Here is a BTCUSD Ascending Wedge forming. I'm pretty sure that a nice SELL is on the way but I set my alerts on both trend lines. If it breaks the BUY trend line, watch out for a fake out.
This is my USDCHF trade idea. I encourage you all to draw it out and wait to see where it goes from here. I enter the trade once the candle breaks and closes on the other side of the trend line. Watch out for the 50 MA.