Pips-Collector

Pips-Collector

Hello traders, here we have a lovely GBPJPY short which has a insane profit of 360 pips! Similar to my previous idea on NZDJPY the main factor of this pair is JPY having some bullish momentum. Confluences Parallel trendline touch Structure Level Our main point of interest is...

Pips-Collector

Hello traders, today we have ourselves a lovely NZDJPY short. This trade idea has a lovely return of 370 pips and a R:R of 12.33! This pair is one of my favourite pairs to trade especially JPY as most of those ideas tend to play out. Check out the results of my other JPY ideas below! We had a major trendline touch last month and we entered where highlighted by...

Pips-Collector

Hello traders, today we have ourselves a lovely CADCHF short. Entry was identified in my channel as a risk entry which gave me a perfect entry, however we are waiting for a break of the structure to confirm the downward spiral. This trade is based off weak CAD and strong CHF Please like and comment your thoughts for more setups like this!

Pips-Collector

Hello traders, today we have ourselves a lovely EURNZD Long trading idea. This trade idea is based off the fact we are expecting EURO strength next week and NZD weakness making EURNZD move in a bullish direction. This trade idea is based off many factors - Firstly, the price action is in a small bearish correction during its bullish impulse and is currently in...

Pips-Collector

Hello trades, Today we have ourselves a GBPUSD Update. This update relates to my previous GBPUSD idea which hit my Stop Loss level, however losses are apart of the journey of a trader and the key is to loose around 4x less then your profit. This tends to be the RISK:REWARD ratio. I have set 2 Take profit zones for this trade, The first profit taking area is at...

Pips-Collector

Hello Traders, today I would like to talk about the reality of trading with your emotions, this can be whether you are a swing trader or a day trader we are all human and get emotional but we must learn how to control them and not trade when you are unstable. Emotional instability The most common reason why people plummet to the end of their forex trading is...

Pips-Collector

Hello traders, today we have ourselves a lovely GBPUSD short. Confluences: Structure Level USD Weakness & GBP Strength creating resistance With this trade we have ourselves a lovely R:R (Risk:Reward) of 1:8.3! This is a insane ration and definitely not one to miss. We have a 30 pip stop loss for our trade which is above the previous structure level. If...

Pips-Collector

Hello traders, today we have ourselves a lovely USDJPY short. This trade is currently within 10 pips of entry, I still believe there will be a head & shoulders formation however we may miss our entry on this trade by a minor amount of pips. Confluences: Structure Level Head & Shoulders formation USD Weakness & JPY Strength creating resistance With...

Pips-Collector

Hello Traders, today we have ourselves a lovely CADJPY short. Confluences: Structure level 3rd Trendline touch With this lovely trade we have ourselves a 9.75 R:R (Risk:Reward) which is a amazing return for the risk. This short has a larger risk than usual to prevent being stopped out at the next structure level which the price may react from. ...

Pips-Collector

Hello traders, today we have a ETHUSD Long. This long is based off the fact that the 0.618 Fibonacci retracement level has been hit and we have identified some resistance and can see some upwards momentom. This trade has RISK:REWARD ratio of 1:9 which is high and giving us a better reward for the risk. Be sure to follow , like and comment for more charts like this!

Pips-Collector

Hello traders, today we have a lovely GBPUSD trade idea. This trade idea has a 25 pip risk with a 200 pip reward making the Risk:Reward - 1:8 This trade is based off the FOMC meeting making the USD weaker and continuing GBP strength will push this trade in the bullish direction! If you like this idea please comment & like and be sure to follow to see my...

Pips-Collector

Hello traders, today we have a lovely setup for EURNZD , this trade is a rentry from our first analysis. You can see where the first reversal was identified after the break of the bearish trend. For this entry I have gone for a larger risk then normal so I will use a smaller lot size for this to lower the risk all together. Our overall target is 360 pips profit,...

Pips-Collector

Hello traders, here we have a lovely AUDUSD Long trading idea here. We are aiming for 90 pips on our first TP with a risk of 30 pips making the first position 1:3 Risk:Reward. The second take profit is at 150 pips which makes the R:R 1:5! If you want to see more content like this then be sure to like and comment! It really means a lot thanks!

Pips-Collector

Hello traders, here we have a lovely GBPJPY Long. This idea has many confluences behind it to confirm my entry. Firstly, the price is at a zone of interest as this is in a structure level and has reacted from the trendline. This is a clear indication of a reversal. This trade is risking 25 pips for a 230 pip reward which gives us a RISK:REWARD ratio of 9.2...

Pips-Collector

Hello traders, here we have a beautiful CHFJPY trade idea. This trade idea is currently in our zone of interest which has multiple confluences to give us this entry point. Firstly the price has approached our trendline which is in a structure zone, and finally we can see a reversal pattern in the smaller time frames and shooting star patterns in higher time...

Pips-Collector

How do you trade with Correlation? You can trade on forex pair correlations by identifying which currency pairs have a positive or negative correlation to each other. I have identified above the 3 main correlation pairs which correlate best with each other. In the conventional sense, you would open two of the same positions if the correlation was positive, or two...

Pips-Collector

Compression is the term every trader should understand. Reading the price is most important in the technical analysis of forex trading. Like if the price is changing at a fast rate then you must know the reason behind it. If you are a technical analyst you should use only technical tools. Like why the price is forming big bullish candlesticks at a certain zone or...

Pips-Collector

Hello traders, here we have ourselves a beautiful NZDJPY setup. This setup has a ultimate goal of 380 pips profit! With a small 25 pip stop loss! This insane profit margin gives us a record Risk:Reward of 15.2! This is phenomenal as the risk compared to the reward is so minimal and would a be a lovely trade to catch. This pair is currently forming a double top...