MatthewHoganTrading

MatthewHoganTrading

A long opportunity has presented itself on the 4H timeframe of AUDJPY. It meets all the rules for my strategy: Trend: it is with the trend (shown by trendline and 100 EMA) Value: it is at strong previous resistance Trigger: Hammer formation Risk: 1% Reward:2.6% Targets: Take targets at previous structure Stops: underneath previous structure with some room...

MatthewHoganTrading

A long, trend following steup on the USDCAD has occurred recently. IT has met all of my rules: Trend: it is with the underlying trend Value: it is currently sitting on the trendline and previous support/resistance Trigger: 2 pinbar candlestick formations have occured This is a great strategy for anyone looking to get involved in a very simple and hands off...

MatthewHoganTrading

A great long, trend-following setup has occurred on the EURCAD D. It meets all my rules: Trend: it is with the underlying trend Value: it is at a very significant support and resistance level that has stood the test of time Trigger: A perfect hammer candle has formed Risk 1% of account size and aim for a 2/1 risk to reward ratio. PS: i know that this is...

MatthewHoganTrading

AUDJPY has been in a sideways band since the start of 2017 and has come up on significant structure and put in a bearish engulfing candle, a 127.2 extension and RSI is overbought. Please do not trade based on this information