About meHi Traders, I like to analyse chart for my daily hobby and as part of my business needs.
I'm using Advanced pattern, pattern, volume, fibs, trends, elliot wave theory and mix it.
I will share my idea time to time
Glad if you like it and Ignore it if y
Today i would like to share some of my simple trade analysis and plan but have a good risk reward ration and winning rate.
1.wait for the price wait to reach fib 0.618 (golden ratio) / this fib is also align together with the support and resistance zone.
(a good idea to make a sell plan in my opinion)
2.wait for the pattern to break out (this one...
Finally have some time to check with the Gold and Money market.
This time is just a simple breakout trend trade analysis. The price is breaking out from the previous trend
and have probability to touch 1300.
This trade plan have a winning rate more about 50:50% win rate ratio.
But why i still taking this trade?
is just because the reward is to...
If you have some open trade in Oil, maybe price range from 69-71 is a good price to sell it.
Here below is several reason why this is a good time to sell it:
1. Near Trend Line
2. Near Fib 0.618 golden ratio
3. Around Support and resistance
More than enough reason to sell it.
So Good Luck and Trade Wisely
Today i want to share about how forex can help my judgement to buy some USD for my export import business payment.
I import commodity from european and from australia with USD as payment term. so hope this chart can become an example if you in the same situation as i am. this chart is my prediction and help me to make decision where i should buy some...
In this opportunity i would like to share my trade idea.
EURJPY short during the breakout.
the reason why i take this trade opportunity:
1. Price is breaking to the downside already.
2. Reward ratio is 1:2.7 Not a bad risk and reward ratio
3. Volume shows more supply than demand
My target is above the next resistance area.
Hope this analysis useful...
In my previous analysis, i plan to sell the EURUSD for a longer term but still waiting if the price will hit the resistance area or not.
This time i found some good opportunity to sell this pair in relatively shorter time frame Using Gartley Strategy.
I found some good entry point using the gartley strategy with a good risk and reward ratio. If the...
Today i would like to share my analysis and opinion in EURUSD.
3 reasons why i would like to sell this pair:
1. Price around Trend Line
2. Around Fib 0.618
3. Near a good Resistance zone.
So here my sell plan. i will wait for the price to reach at least resistance zone. than i will wait the price for the breakout to the downside in lower time frame....
Just want to share some ideas when is a good time to buy a bitcoin in my point of view.
I Plan to buy this bitcoin during gartley Pattern. The pattern will not always the same like in the picture, because the BC leg is very flexible.
this trade plan is just not about the advanced pattern and no reason behind it.
I choose this plan because i do...
Just a quick update from my previous post, been waiting for this trade more than a months. and it's looks like there is no more demand on this pair. and wait for the supply to come around to make the breakout possible.
Been busy with my main job, but i hope i can catch up with this trade when the price is breaking out to the downside.
My hands is...
The condition for the GBPJPY is almost the same like CADJPY, I will pick one of these trade plan.
The price most likely will go down and i will prepare some sell trade plan during the breakout.
Good Luck and Trade Wisely
I think Overall JPY will get stronger again.
after in correction phase for around 1 year, i think it's about time to look more closely to JPY currency.
Currently i'm looking for CADJPY, GBPJPY and USDJPY. Still wandering which currency is the best to perform Sell Trade.
For CADJPY, the price is at trendline, so i watch closely in case that the price...
While waiting the result of my EURUSD trade, Today i found some opportunity to buy this pair.
I will only risking 0.5% of my account since on the long run i still waiting this pair to go down and having sell trade.
Eventhough in the long run i plan to sell trade for CADJPY, i still can buy trade for short term period since there is possibility that...
This time i will share my trade plan.
I'm currently looking a good time to entering EURUSD sell trade.
The Reason are:
- Making double top pattern.
- Breaking out already from bigger pattern and forming smaller pattern.
- Good Risk and Reward Ratio.
For the strategy i will be using Breakout strategy which is waiting for the smaller pattern to formed...
This is just the update from yesterday post about AUDNZD buy trade plan.
This time i found really good entry point, risk and reward is superb.
So My plan is entering at the right shoulder of head and shoulder pattern, this is just not me, usualy i'm waiting for breaking out before the entry, but this time i decide to just enter at the right shoulder...
It's look like AUDNZD is at a good area to look for buy opportunity.
The risk and Reward is 1:2.2 which is a good risk and reward ratio.
Every person is unique, so please feel free to use your own unique entry and exit strategy which suitable for you.
Good Luck and Trade Wisely
found sell opportunity in USDCAD to perform the basic strategy of fibonacci that is entry at 0.618 fib and exit at 1.27 fib with risk and reward 1:2 as usual for this trategy.
In the last analysis i stated that i want to short USDCAD.so this time maybe a good time to add more position if the price make small correction to 0.618 retracement.
This time i want to share my analysis about USDCAD pair.
I'm looking to short this pair for long time, last time i'm trying to sell this pair during the breakout upon reaching fib 0.382. but the price never break to the downside and keep went up.
So this time the price already corrected almost reached fib golden ratio 0.618.
So I will keep my eyes...
EURUSD will be on my radar now, there are a lot of reason for me to look for sell opportunity in this Chart.
- Price is around resistance area.
- Price reach fib 0.618 (golden ration) which is also good.
- 5 waves almost complete which is also supporting above reasons to sell.
I will trade using Breakout strategy for this trade. break to the downside...