Cmasterza

Cmasterza

# Ascending triangle pattern spotted # Breakout of resistance and retest as support Buying at market price 14.15580 # Stop loss below support at 14.04748 # Take profit higher up below resistance at 14.50171 As usual don't bet the farm, good risk management won't kill you but the lack thereof could :) Follow me in Forex Bootcamp using the Telegram link below

Cmasterza

Shorting at market price - price has pinned the minor resistance and printed a sell signal (railroad track) Selling at market price 126.485 SL above highs @ 126.905 TP lower down 2 support 125.123 See EURUSD trade idea to confirm correlation of EUR pairs and analysis As usual don't bet the farm, good risk management won't kill you but the lack thereof could...

Cmasterza

Shorting at market price - price has pinned the minor resistance and printed a sell signal (railroad track) Selling at market price 1.12926 SL above highs @ 1.33567 TP lower down 2 support 1.12186 As usual don't bet the farm, good risk management won't kill you but the lack thereof could :) Follow me in forex Bootcamp using the Telegram link below

Cmasterza

1. Price is trending up 2. 21 MA pinned 3. Support of 1.13 pinned by hammer Buying @ market price 1.13088 SL @ 1.12890 below the pin bar TP @ 1.14123 at resistance As usual don't bet the farm, good risk management won't kill you but the lack thereof could :) Follow me in forex Bootcamp using the Telegram link below

Cmasterza

Price has bounced off the major support level and moved up a but, then broke the previous high now being tested as support. I am buying at market price 0.67721 and have my stop below the marked level SL a@ 0.67500 below the minor support and TP higher up around the previous high at 0.68290 **Check on the Daily time frame to see higher lows formed - this is a...

Cmasterza

Price is now at a strong resistance level and note the hanging man (hammer @ resistance) which printed - this is the sell signal. Conservative traders will wait for confirmation (bearish candle) Aggressive traders enter @ market price usually. This is for increased risk to reward ratio so I am in short @ market price 111.952 and SL above the high @ 112.227...

Cmasterza

Price has been in a down trend as indicated by the lower highs and the descending trend line... After the minor support broke, price moved down then pulled back and tested the 50.0 / 61.8 fibo levels of the bearish move plus printed a sell signal (hanging man) I am shorting at market price 145.396 and SL above highs @ 145.766 and TP lower around support @...

Cmasterza

Confluence of a few factors: 1. Downward trend line serving as resistance 2. Bearish engulfing candle pattern (sell signal) 3. Pinning 21 SMA 4. All happening at 14.13959 short term resistance I am selling at market price with #Sl just above the bearish engulfing @ 14.18403 and #Tp lower down at previous demand zone around 13.85317 As usual don't bet the...

Cmasterza

The trend is currently bullish so I am looking for buying opportunities Using the 21 MA I spotted a bullish engulfing candle pattern just completed Buying @ market price 1.00008 with Sl below the candle pattern @ 0.99737 and Tp higher up around resistance @ 1.00568 Always exercise good risk management For trade management details please join Forex Bootcamp...

Cmasterza

Fibonacci extension tool applied on the last bullish move to reveal 50.0 and 61.8% levels. Friday's candle printed a buy signal pinning the said levels so I am buying at market price 1296.66 (Check on weekly time frame also a doji for last week's candle) Stop loss below 61.8 fibo level @ 1278.39 Take profit provisionally 1319.67 but can be trailed to maximize...

Cmasterza

Price had respected the resistance level last week and dropped hard after the NZD interest rate was announced. Since then price has pulled back to the 61.8% Fibonacci retracement level and printed a sell signal (long legged doji) I have subsequently sold at market price @ 75.776 with # stop loss higher up where I deem this setup invalidated @ 76.041 and # take...

Cmasterza

Looking to short once the yellow bar has been reached. I will be waiting for a sell signal to form around this area before making any decision. For real time updates, exact entries and trade management details please join Forex Bootcamp using the Telegram link below.

Cmasterza

The yellow bar represents the 50 and 61.8 fibonacci levels based on the first bullish move after the drop. Price printed a pin bar pinning both these levels, also note the trend line remains unchallenged. I have bought at market price 0.99466 and # placed my stop just below the trend line and previous low @ 0.98876 and # my take profit is below the resistance...

Cmasterza

The resistance level has been holding well and the support trend line broke on Friday indicating possible change in the trend. I will be looking to sell IF the following conditions are met: I have marked with the yellow bar the 50 and 61.8 fibo levels based on the last bearish move. I want to see if this level will be tested and IF a sell signal prints, to...

Cmasterza

Lower highs on Daily and H4 time frame = bearish market structure I am looking too sell this pair once conditions have been met. After the drop that took place on Friday I have marked the 50 and 61.8 fibo retracement levels with a yellow bar. This is where I will be waiting to see if price prints a sell signal before considering to short. The area of interest is...

Cmasterza

When checking the D1 and W1 time frame I can see an ascending triangle pattern formed, equal highs but more specifically higher lows = bullish market structure Price may fall lower down to the trend line BUT IF price prints a buy signal on the yellow bar (50 and 61.8 fibo levels for recent bullish move, although small) I will look to buy My level of interest to...

Cmasterza

We saw a nice bearish move on Friday as money flowed out USD into safe havens like the yen and gold. The up channel has been broken and I am looking for a retracement to the 50.0 or 61.8 fibonacci levels. Once price reaches the 110.396 level I will look to price action for a sell signal to short this pair: IF the above happens I will have my stop above...

Cmasterza Updated 

Price has printed a buy signal on the trend line (doji) Note the ascending triangle pattern, so this setup offers a great risk to reward ratio! Entering at market price 0.68417 with SL below the low at 0.68154 and TP as per the triangle pattern target IF it breaks higher at 0.70768 Don't bet the farm, always exercise good risk management! Follow me in Telegram...