We hit and passed TP 1. If you took the trade as prescribed months ago you should be sitting over 400 pips on this trade and break even. You can risk the pips and shoot for TP 2 or close manually.
Testing a critical area with Trendlines and fibs. Potential short is coming if entry conditions can be satisfied.
We are reviewing a trade called in February and later hit our TP dead-on in June. What happened, why did we wait to execute, and what should you do next time?
What's up gang! We are covering our last video on GBPAUD. We are reaching the first real area of support that could reverse our trade. At this point, you should already be at a break-even point too. So, you can decide to close the trade manually here and wait to reenter at there retest of the trendline or let it run its course to TP1. If you close now you should...
We are quickly covering several pairs, giving an update and focusing primarily on GBPUSD. The price is hovering my anticipated entry zone which is in confluence with several pieces of evidence supporting a potential short. Remember to use YOUR entry conditions prior to entering. Toal RR -- 1:3.29
The GBP trade finally was triggered and if you entered with us you should be at break ever. Monitor price at the trendline and close manually if it respects the zone as support. Otherwise, let it run to TP 1. RR -- 1:3.38
Looking at two shorting opportunities. Monthly TF is showing a great drawback from the previous push downward. We have just reached the first crucial structural zone which aligns with the 88% of the weekly leg. If this area is respected we will see another push downward. Keep in mind a potential reverse H&S could form too (this is why we are responsive, not...
Hey gang, giving a quick update on all the pairs discussed over the last few weeks.
One of the few instances we are taking fundamentals into consideration. We have reached a critical zone of oil with 3 pieces of confluence (50% fib, structure and the 1.27% of the prev leg). If entry conditions are met and this is treated as resistant we can have a good push towards our targets. RR - 1:3.27
We are looking ar EURGBp where we are testing the 61% fib of the weekly leg which is in confluence with the daily structure. There is some stagnation and consolidation in the area as well suggesting it is a critical zone. We are waiting for entry confirmation prior to executing. TP 1 - 1:2.36 TP 2 - 1:4.20 Be safe out there! See you in the next video
We are exploring AUDUSD testing a 61% fib of the monthly leg which is in confluence with weekly structure. We have a descending trendline from the monthly timeframe, not necessarily evidence, but still showing the monthly trends. RR - 1:3.38 Good luck trading!! be safe and make that money!
We are looking at shorting GBPCHF as it makes it way to the 50% fib on the monthly leg. We tested and respected a descending TL and a previous ATL support level. If we see this reversal in our direction (assuming your entry conditions are satisfied prior to entering) we can expect a fall. However, we need to monitor the previous ATL level of support moving our...
3 pieces of confluences in favor of a short on the weekly/monthly timeframe. Historically this zone has been known to bounce price back above the 0.60 level BUT we actually broke the previous ATL on this pair already. As always make sure that YOUR entry conditions are satisfied prior to entering a trade and use proper risk. RR on this setup IDEA: 14.16 RR
I ultimately have a short bias on this pair BUT we are traders so we don't trade on intuition, rather, evidence of confluence and reaction to price. We are hovering at a critical zone as the break down can lead to many pips while the break upward would leave room for pips as well. So be sure to monitor this pair in the coming days weeks using YOUR entry conditions...
What's up gang, We are looking at EURGBP today for a possible long. As always make sure that YOUR entry conditions are satisfied before entering and using proper risk. TP 1 - 1:2 RR TP2 - 1:4.35 RR Our default Risk - 1% - 2% MAX per PAIR 1:2 MIN Risk-to-Reward.
We are looking at a potential shorting opportunity with 1:4+ Risk-to-Reward parameters. As always ensure that YOUR entry conditions are satisfied before executing and use proper risk. Our desired Risk: 1% - 2% MAX per Pair 1:2 MIN Risk-to-Reward Have a good weekend everyone and be safe in the markets on the open!
Welcome back, gang! We are looking into NZDJPY with price breaking below and confirming the breakout of a trendline on the weekly timeframe. As always make sure your trade parameters are satisfied before entering and use proper risk My personal risk parameters - 1:2 MINIMUM Risk-to-Reward 1 - 2% MAXIMUM risk per PAIR and move SL above BE as quickly as...
We are looking at shorting the pair as it tested descending TLs and respected previous support which is in confluence with major fib levels.