Cordy

Cordy

PLEASE DO NOT TAKE THIS TRADE, AS I AM STILL A NEWBIE. THERE WAS A SUBSTANTIAL WICK ON 12TH OF AUGUST (SEE ELLIPSE). I HAVE LEARNED THAT WICKS MUST BE FILLED (AT LEAST PARTIALLY) AND NOW 13 TH OF AUGUST NZDJPY HAS STARTED MOVING DOWN AND I PREDICT IT MIGHT CLOSE THE GAP. ANALYSIS DONE ON THE 15M CHART: THE PSAR HAS FLIPPED AND THE STOCHASTIC RED LINE HAS...

Cordy Updated 

I AM STILL LEARNING AND USING THIS TO SEE IF MY ANALYSIS PLAYS OUT. GBPCAD HAS BEEN IN AN UPTREND SINCE THE BEGINNING OF JULY. I WANTED TO ENTER AFTER A PULLBACK, SO WHERE THE PSAR FLIPS, STOCHASTIC IS AROUND 20 AND PUSHING UP AND THE HEIKIN ASHI CANDLE IS GREEN WITH A FLAT BOTTOM. TP'S ARE AT THE SUPPORT AND RESISTANCE AREA'S. TP1 1.75780 / TP2 1.75983 / TP 3...

Cordy Updated 

I AM A STUDENT AND ONLY PUBLISHING MY IDEAS TO SEE IF MY ANALYSIS IS CORRECT. BUY GBPNZD TO TP 1.92871, SL 1.91811 GBPNZD IS CURRENTLY IN AN UPTREND.

Cordy Updated 

THIS IS AN TRADE IDEA, I AM STILL LEARNING AND ONLY PUBLISHING THIS TO SEE IF MY ANALYSIS IS CORRECT. CONFIRMATIONS USED: STOCHASTIC, PSAR FLIP AND HEIKIN ASHI CANDLES.

Cordy Updated 

JUST LEARNED ABOUT BUTTERFLY PATTERNS AND DECIDED TO TRY IT OUT. I ALSO USED SUPPORT AND RESISTANCE LINES TO IDENTIFY THE STOPLOSS AND TAKE PROFIT. AS EXTRA CONFIRMATION I USED HEIKIN ASHI CANDLES, STOCHASTIC AND THE PSAR FLIP.

Cordy Updated 

THIS IS A TRADE IDEA. I AM STILL A STUDENT AND JUST WANT TO KEEP TABS ON IF MY IDEAS / ANALYSIS IS SOUND. GBPCAD BROKE THE UPWARDS 4H CHANNEL. PSAR HAS FLIPPED ON THE 15 M AND STOCHASTIC WAS AROUND 80, PUSHING DOWN. POSSIBLE SELL TO TP1 1.70132 , TP 2 1.69971, TP3 1.69807