HooDSkillZ1

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Joined HooDSkillZ1
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 42% | 3 AUDCAD 28% | 2 NZDUSD 14% | 1 GBPUSD 14% | 1
HooDSkillZ1 HooDSkillZ1 NZDUSD, 60, Short ,
NZDUSD: NZD USD 4HR Short
13 0 0
NZDUSD, 60 Short
NZD USD 4HR Short

2.5 R/R Ratio

HooDSkillZ1 HooDSkillZ1 AUDCAD, 60, Short ,
AUDCAD: Fibonacci Expansion explained easy on AudCad
48 0 0
AUDCAD, 60 Short
Fibonacci Expansion explained easy on AudCad

When you find a trend and want in, it's important to find a good entry on a pullback(correction). When trend resumes you get paid. In first blue box we trended down 112 pips before a pullback occurred. Lets call that 100%. Yellow box is the pullback and second blue box is trend resuming after pullback. This second trend should travel same distance as first which ...

HooDSkillZ1 HooDSkillZ1 AUDCAD, 60, Short ,
AUDCAD: AudCad Short
18 0 1
AUDCAD, 60 Short
AudCad Short

Price moving within bearish channel making lower highs/lows. Stop at last high with expectations for price to get to bottom of channel.

HooDSkillZ1 HooDSkillZ1 EURUSD, 240, Short ,
EURUSD: EurUsd short still in play.
38 0 0
EURUSD, 240 Short
EurUsd short still in play.

A descending resistance trendline since 11/19 has been respected for the 6th time today making this a good time to short EurUsd with a stop above 1.2455 which is today's high. Currently off that high and momentum returning to downside.

HooDSkillZ1 HooDSkillZ1 GBPUSD, 240, Short ,
GBPUSD: Overall downtrend so good R/R on this trade....
32 0 0
GBPUSD, 240 Short
Overall downtrend so good R/R on this trade....

Mapping our Risk/Reward on current GBPUSD short opportunity.

HooDSkillZ1 HooDSkillZ1 EURUSD, 240,
EURUSD: EurUsd Channel
45 0 0
EURUSD, 240
EurUsd Channel

Possibility of a new channel forming that will end the downtrend of this pair.

HooDSkillZ1 HooDSkillZ1 EURUSD, 60, Short ,
EURUSD: EurUsd short with channel and fib expansion
42 0 0
EURUSD, 60 Short
EurUsd short with channel and fib expansion

1.2532 should be respected based on this descending channel and suggests lower highs. Also at .328 shows further resistance which was previous support at this level.

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