Renforex

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About me Full time trader.
Joined
Markets Allocation
Top Mentioned Symbols
EURGBP 15% | 23 FX_IDC:EURUSD 15% | 22 FX:EURUSD 14% | 21 GBPUSD 9% | 14
Renforex Renforex BTCUSD, 60, Long ,
BTCUSD: BTC - Buy signal to watch
136 2 4
BTCUSD, 60 Long
BTC - Buy signal to watch

I will outline the "buy signal(s)" I will use as confirmation to go long. Waiting for confirmation doesn't always get you in at the perfect price. But attempting to catch the falling knife is never a good strategy, even if you succeed sometimes... In the long run, waiting for confirmation is best practice. (Especially if you also trade non crypto assets) 1) Right ...

Renforex Renforex NZDUSD, 120, Short ,
NZDUSD: Short NZDUSD
459 4 13
NZDUSD, 120 Short
Short NZDUSD

Posting one trade on Monday like I mentioned last week. We have been shorting NZDUSD for a while, but now is also a good time to re-enter to squeeze some extra pips out of this trend.

Renforex Renforex EURGBP, 120, Long ,
EURGBP: EURGBP - Long
347 7 9
EURGBP, 120 Long
EURGBP - Long

Nice little long here that could prove to be profitable with a low risk. See you guys next week.

Renforex Renforex EURUSD, 120, Short ,
EURUSD: EURUSD - Keep shorting
318 3 5
EURUSD, 120 Short
EURUSD - Keep shorting

Have been too busy with business to log in here and post any charts. I'll start posting one or two a week again. Just posting this chart to say that really... It'll probably be Tuesdays I'll log in from now on.

Renforex Renforex USDCHF, 120, Short ,
USDCHF: USDCHF - Ascending channel
306 1 8
USDCHF, 120 Short
USDCHF - Ascending channel

This channel has been playing out for a while. How much loner? :)

Renforex Renforex EURUSD, 120, Long ,
EURUSD: EU - Long scenario
442 0 10
EURUSD, 120 Long
EU - Long scenario

The green horizontal line would be target number 1.

Renforex Renforex EURGBP, 120, Long ,
EURGBP: Long EURGBP
397 0 9
EURGBP, 120 Long
Long EURGBP

We have been making some good pips with this channel. This chart shows our initial target for the next long.

Renforex Renforex USDCHF, 120, Short ,
USDCHF: USDCHF
211 3 5
USDCHF, 120 Short
USDCHF

A little short.

Renforex Renforex EURUSD, 120, Long ,
EURUSD: EU - Probable
501 0 9
EURUSD, 120 Long
EU - Probable

Probable and likely. Apologies for the lack of description here. But rules are rules and I'm on my last warning.

Renforex Renforex GBPUSD, 120, Short ,
GBPUSD: Short GBPUSD
733 1 17
GBPUSD, 120 Short
Short GBPUSD

Here

Renforex Renforex USDCAD, 120, Long ,
USDCAD: USDCAD - With the trend
336 0 9
USDCAD, 120 Long
USDCAD - With the trend

We have been trading this channel for a while and it has paid off. It's worth continuing until this trend reverses convincingly by breaking under.

Renforex Renforex USDJPY, 120, Short ,
USDJPY: USDJPY Long
480 0 17
USDJPY, 120 Short
USDJPY Long

A low R:R trade on USDJPY for this week.

Renforex Renforex GBPUSD, 120, Short ,
GBPUSD: GBPUSD - Descending Channel Part 2
350 4 9
GBPUSD, 120 Short
GBPUSD - Descending Channel Part 2

Check the "related idea" below to see part 1.

Renforex Renforex USDCHF, 120, Short ,
USDCHF: USDCHF
252 1 9
USDCHF, 120 Short
USDCHF

Description not available.

Renforex Renforex EURUSD, 120, Long ,
EURUSD: EURUSD - Ascending channel
864 2 12
EURUSD, 120 Long
EURUSD - Ascending channel

I will aim to post one or two charts here per week. Most likely near the start of each week. Price on this pair has just passed our TP level for our short positions and then proceeded to reach the bottom of this longer term structure. We are now able to take a fairly safe long position. Our initial and main target is represented by the horizontal green ...

Renforex Renforex GBPUSD, 120, Short ,
GBPUSD: GBPUSD - Descending Channel
857 10 24
GBPUSD, 120 Short
GBPUSD - Descending Channel

The previous chart showing this trade setup (along with the majority of my other charts) were hidden/deleted due to accidentally breaking the rules with my descriptions. Sorry guys! I'm re-posting it since it was still on my screen... Black line is entry, green line is initial TP level, red line is SL. I don't know how much of a demand there is for me posting ...

Renforex Renforex USDCAD, 120, Long ,
USDCAD: USDCAD Channel trading
350 0 11
USDCAD, 120 Long
USDCAD Channel trading

Possibility to make some pips on the upside here.

Renforex Renforex EURUSD, 30, Short ,
EURUSD: EU - A lot of people trying to buy here
788 6 10
EURUSD, 30 Short
EU - A lot of people trying to buy here

But we can take a chance and go short. Looking for a rejection at the same level price closed from a previous rejection last week, as you can see on the chart. Very tight stop with this one.

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