Renforex

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Markets Allocation
100 % forex
Top Mentioned Symbols
FX_IDC:EURUSD 28% | 22 AUDUSD 17% | 13 EURGBP 11% | 9 FX:EURUSD 9% | 7
Renforex Renforex EURUSD, 120, Short ,
EURUSD: EUR USD - Short - 2H
362 6 10
EURUSD, 120 Short
EUR USD - Short - 2H

Taking a short here. Will post screenshot updates with more info when I have the time

Renforex Renforex NZDUSD, 60, Short ,
NZDUSD: NZD USD - Purple lines tell us what to do
204 4 8
NZDUSD, 60 Short
NZD USD - Purple lines tell us what to do

Yummy yummy pips. Give me more pips, cried Ren

Renforex Renforex GBPJPY, 60, Short ,
GBPJPY: GBPJPY - Short
196 4 9
GBPJPY, 60 Short
GBPJPY - Short

I don't trade GBPJPY much, but this looks nice to me. Of course... this could be the exact opposite. It all depends on these purple lines.

Renforex Renforex EURUSD, 120, Short ,
EURUSD: Sell upon break - EUR USD
847 10 24
EURUSD, 120 Short
Sell upon break - EUR USD

I have a buy position open right now, but mainly waiting for the sell signal. Breaking the red line is a clear sign that we will continue moving down the current bearish channel.

Renforex Renforex EURUSD, 60, Short ,
EURUSD: EUR USD - Short - Channel
353 1 16
EURUSD, 60 Short
EUR USD - Short - Channel

Putting a small position on here. If we break convincingly above .5 (midway) in channel, then look to close the trade. See related ideas for some of previous trades.

Renforex Renforex EURUSD, 60, Short ,
EURUSD: EUR USD - Same short, different channel
231 3 14
EURUSD, 60 Short
EUR USD - Same short, different channel

It's always good to have different versions of the same trade to confirm your ideas.

Renforex Renforex EURUSD, 60, Long ,
EURUSD: EUR USD Almost Selling Time
603 9 25
EURUSD, 60 Long
EUR USD Almost Selling Time

Looks like we are approaching a good place to sell. If the top of this channel breaks, then the top purple line will be the selling point.

Renforex Renforex EURUSD, 60,
EURUSD: Small long for small pips - EUR USD (not safe trade)
102 0 11
EURUSD, 60
Small long for small pips - EUR USD (not safe trade)

Last short made some good profits. Looking to squeeze some pips out while we wait for more short opportunities. I would say if the purple structure breaks down then continue shorting it. Maybe some call this scalping. I forget :)

Renforex Renforex EURUSD, 60,
EURUSD: EUR USD - As if nothing happened
214 0 16
EURUSD, 60
EUR USD - As if nothing happened

So we are back to where we were on Tuesday. A break of the black trend line is my entry to sell. A convincing bounce is my entry to buy... I'm waiting for the sell.

Renforex Renforex EURUSD, 60,
EURUSD: EUR USD - Two possible channels
302 0 19
EURUSD, 60
EUR USD - Two possible channels

Yesterday the price moved back into the previous sideways channel, but still hangs on inside the down channel. A break upwards from the down channel should be a good place to buy. And likewise a break back out of the sideways channel is a good place to sell. We can only stay within one of these channels. So it is best to see which one before committing to a ...

Renforex Renforex EURUSD, 60, Short ,
EURUSD: EUR Short
292 0 18
EURUSD, 60 Short
EUR Short

Good place to short. Most likely going a little higher first but I have things to do so I do't want to wait. First target hit late last week (see related idea). 2nd and 3rd target should hit this week.

Renforex Renforex EURUSD, 60, Short ,
EURUSD: EUR USD - S + R And Short Targets
140 0 11
EURUSD, 60 Short
EUR USD - S + R And Short Targets

Red is resistance, green is support. Reds become greens if price goes above and vice versa. Solid green lines are my targets.

Renforex Renforex EURUSD, 60, Short ,
EURUSD: EUR USD Another short
148 0 11
EURUSD, 60 Short
EUR USD Another short

Hit target in the last short bang on (see related). Time for another one. Took the trade before posting the chart. Placed entry at the price I entered. Good luck.

Renforex Renforex EURUSD, 60, Short ,
EURUSD: Update on EUR USD short
377 7 18
EURUSD, 60 Short
Update on EUR USD short

An update on the previous short, SL moved to continue the trade.. But this can be taken as a new trade as well. Breaking above this mini structure is a good time to call it quits and/or switch to a long position.

Renforex Renforex EURUSD, 60, Short ,
EURUSD: EUR USD Short
430 7 20
EURUSD, 60 Short
EUR USD Short

Break and test, triggers my sell.

Renforex Renforex EURUSD, 60, Long ,
EURUSD: EU Long - Easy pickings
866 10 30
EURUSD, 60 Long
EU Long - Easy pickings

Haven't been here or posted anything in a while. I take too many vacations to keep up with this... But here is an easy trade. Took it before I drew the chart. Enjoy.

Renforex Renforex EURUSD, 60, Short ,
EURUSD: EU Algorithm - Short
179 3 14
EURUSD, 60 Short
EU Algorithm - Short

:)

Renforex Renforex EURUSD, 30, Long ,
EURUSD: EU Algorithm - Long
275 2 16
EURUSD, 30 Long
EU Algorithm - Long

Another long. Enjoy.

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