Merchanterx5

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Joined
Markets Allocation
98 % forex 2 % stocks
Top Mentioned Symbols
EURUSD 10% | 6 USDCAD 10% | 6 GBPUSD 8% | 5 AUDUSD 6% | 4
Merchanterx5 Merchanterx5 CADJPY, D, Short ,
CADJPY: Short CAD/JPY
30 0 4
CADJPY, D Short
Short CAD/JPY

Long term short 165 pip risk. Reward of 650 pips.

Merchanterx5 Merchanterx5 AUDUSD, D, Short ,
AUDUSD: AUD/USD short
36 0 4
AUDUSD, D Short
AUD/USD short

As we look at the daily we have reached resistance. Doji stimulus appeared on the daily. Looking for a 3.14 r/r ratio.

Merchanterx5 Merchanterx5 AUDCAD, D,
AUDCAD: AUD/CAD short term long
17 0 3
AUDCAD, D
AUD/CAD short term long

Short term trade, basic daily support with s/l put under the low of the recent daily candle. Small risk

Merchanterx5 Merchanterx5 EURUSD, D, Short ,
EURUSD: EUR/USD Short
72 0 6
EURUSD, D Short
EUR/USD Short

Looking to short at resistance. EUR has a sharp bull run against USD and expecting a pullback to the 61% fib zone. Looking for a 3-1 r/r ratio like all trades. Could see further bull pressure, however risk management will be used precisely in this trade.

Merchanterx5 Merchanterx5 GBPUSD, 120, Long ,
GBPUSD: Long GBP/USD
34 0 4
GBPUSD, 120 Long
Long GBP/USD

Have two t/p set. Open two lots and close one once price reaches tp 1 and close the second when price reaches tp 2. 160 pip tp to 70 pip sl. High probability trade setup. Good luck

Merchanterx5 Merchanterx5 EURJPY, 60, Long ,
EURJPY: Long EUR/JPY
31 1 2
EURJPY, 60 Long
Long EUR/JPY

Long EUR/JPY short term trade. Risk 30 pips to earn 90 pips. Long term bias to the downside however.

Merchanterx5 Merchanterx5 AUDCAD, D, Long ,
AUDCAD: Long AUD/CAD
22 0 4
AUDCAD, D Long
Long AUD/CAD

Reaching daily support levels. Weekly uptrend looking for a 3-1 r/r ratio. Risking 140 pips to have a reward of 400 pips. Swing trade. Goodluck

Merchanterx5 Merchanterx5 AUDUSD, D, Short ,
AUDUSD: AUD/USD short
26 0 5
AUDUSD, D Short
AUD/USD short

Risk 160 pips - gain 500 pips. Long term swing trade, viable option to short near top of resistance. Put S/L above previous highs.

Merchanterx5 Merchanterx5 AUDNZD, D, Long ,
AUDNZD: Long term long on AUD/NZD
39 0 4
AUDNZD, D Long
Long term long on AUD/NZD

I have laid out where I will be buying (at support). Follow along to see how this plays out.

Merchanterx5 Merchanterx5 EURJPY, D, Short ,
EURJPY: Short EUR/JPY
47 0 5
EURJPY, D Short
Short EUR/JPY

Long term swing trade. 5-1 r/r ratio.

Merchanterx5 Merchanterx5 USDCAD, D, Short ,
USDCAD: Short USD/CAD
34 0 4
USDCAD, D Short
Short USD/CAD

Broke main support levels with a strong candle break.

Merchanterx5 Merchanterx5 GBPCHF, W, Long ,
GBPCHF: Long GBP/CHF
25 0 2
GBPCHF, W Long
Long GBP/CHF

Long term swing trade.

Merchanterx5 Merchanterx5 EURGBP, D, Short ,
EURGBP: Short EUR/GBP
25 0 3
EURGBP, D Short
Short EUR/GBP

New trade found. Looking to short EUR/GBP. Risk-to-reward ratio: 2.7 Shorting due to weekly downtrend bias. Daily levels at 61.8 fib. Price action is slowing down from the past uptrend and my stance on the pair is to the downside now. Lets me know what everyone thinks.

Merchanterx5 Merchanterx5 EURGBP, D, Short ,
EURGBP: Short EUR/GBP
23 0 3
EURGBP, D Short
Short EUR/GBP

New trade found. Looking to short EUR/GBP. Risk-to-reward ratio: 2.7 Shorting due to weekly downtrend bias. Daily levels at 61.8 fib. Price action is slowing down from the past uptrend and my stance on the pair is to the downside now. Lets me know what everyone thinks.

Merchanterx5 Merchanterx5 NZDUSD, W, Long ,
NZDUSD: NZD/USD Long
37 1 5
NZDUSD, W Long
NZD/USD Long

Test

Merchanterx5 Merchanterx5 USDCAD, D, Short ,
USDCAD: Short USD/CAD
26 0 4
USDCAD, D Short
Short USD/CAD

Top of resistance, 3-1 r/r ratio.

Merchanterx5 Merchanterx5 USDCHF, D, Short ,
USDCHF: SHORT usd/chf
45 0 6
USDCHF, D Short
SHORT usd/chf

Off the trend. Stops placed above the 23 fib. Daily downtrend.

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