MY NEXT USDMXN 60 MIN TRADE LOOKS LIKE THIS I AM AWAITING PRICE TO BE REJECTED CLOSE TO 16.700 ZONE (-ISH) AND COME BACK TO THE DAILY PIVOT ZONE. FROM THERE I WILL ENTER LONG AGAIN AND TARGET THE WEEKLY PIVOT ZONE. NOW IF PRICE DIPS UNDER THE DAILY PIVOT ZONE THEN WAIT FOR PRICE TO BREAK-AND-STAY OVER THE DAILY PIVOT LINE AGAIN - SO YOU CAN GO LONG WITH A...
The ones who caught this trend reversal from last year have made some decent numbers of pips. This pair has offered numerous opportunities to add-on to this trade on the daily chart and its time to plan ahead for the next move. Price has just run into some tougher structure and a pullback is to be expected before price can head on to its next upside...
Nothing new really, keeps on being a very slow long trade. However, the recent higher lows this past quarter beats the speed this trade manage to make new higher highs. a safe Long on every pullback on this pullback. Target is the 0.5 level on the whole downside move since early May last year. Make sure you get good levels for re-entries and/or add-on trades...
Watch the current price action zone (Highlighted) I will sell when price makes a clear break of the weekly pivot level with a tight stop just above it. Risk warning Right now price is at a tricky level and might break to the upside again and chop around a bit more before it really breaks lower . So keep you options open and only take this short if (and only if)...
See the USD index chart I just posted. This is the other side of that coin. Price is very close to complete the right shoulder. Such a clear level serves as a magnet for many traders. Would make sense for price to aim for that level and then fall back and re-fuel at the demand zones below. This is just a short term trade idea. Will await FOMC before trading this...
Watch that zone and re-test of the channel breakout. Only time will tell if it be a fake out or good breakout But there is always a good risk/chance of a squeeze in situations like this
The ongoing pullback on the stock market may look like something really scary when seeing the long candles on the Daily chart or even lower TFs. But its not. This is nothing to speak of. See this eagle view on the monthly and you will find a healthy pullback as price continues to climb and climb to reach its upside targets. As the saying goes - Buy fear - Sell...
this trade takes forever it seems, but still it just does what a trade does Get a good price
See details on chart USE the LRs to your advantage
Price reached target and came to a halt as price approaches more heavy structure. A pullback is needed at this point and may not be too shabby to trade on lower TF
1000 pips a day are not that impressing and most FX traders that have been on it for a while knows how to. But still, say 1000 pips a day to a new or a struggling trader and they wont believe you. For them it is an absurd unrealistic target. But its not. I just follow the simple logic by focusing on my 10 X 100 = 1000 rule Now that can be 10 pairs that gives...
See details on the chart and related sequence of charts. May the pips rain on you // RolandV. Goprotraders.com
See details on the chart and related sequence of charts. May the pips rain on you // RolandV. Goprotraders.com
See details on the chart and related sequence of charts. May the pips rain on you // RolandV. Goprotraders.com
See details on the chart and related sequence of charts May the pips rain on you //RolandV. Goprotraders.com
Watch that zone closely (240) for your coming CAD, NOK, RUB and GBP trades