Hello friends, After the breakout of a strong resistance level, price moved up and came back to that level again and turned our resistance into a support. As my parallel channel strategy, we are at the bottom of the channel again. From here on we will look for a juicy fat candle close into the channel again, which will be our confirmation for entering the...
As I am expection a boost on aud pairs and weakness on euro pairs, this one seems a good choice for the next days to trade. Our confirmation will be a strong bearish candle back into the channel. **Always wait for the confirmation candle to enter the trade** **Always close half of your position after reaching half of the TP and set your SL to your entry price**...
As I am expection a weakness on euro pairs, we will also go short with this pair. Our confirmation will be a strong bearish candle back into the channel. **Always wait for the confirmation candle to enter the trade** **Always close half of your position after reaching half of the TP and set your SL to your entry price** **Never risk more than %2-3 of your...
Well, not much to say.. With the expection of weakness on all eur pairs..
Plan is to wait for the confirmation candle, a strong bearish one into the channel.
As the price went down very hard, expecting a large amount of sellers jumped in and they have to be stopped out somewhere :) Expecting a touchdown on the support one more time and a huge jump to the top. Our entry will be after a strong bullish candle into the channel. Good Risk reward ratio trade can be initiated afterwards. **Always wait for the confirmation...
This is will be another gamble trade, I will go short with the smallest lotsize as soon as the market opens. Who doesn't love to gamble? **Always wait for the confirmation candle to enter the trade** **Always close half of your position after reaching half of the TP and set your SL to your entry price** **Never risk more than %2-3 of your account. Money...
Last week we are faked out after our confirmation candle, this is how things work in forex :) So now expecting another turn back into the channel back down to the bottom line.. **Always wait for the confirmation candle to enter the trade** **Always close half of your position after reaching half of the TP and set your SL to your entry price** **Never risk more...
We will keep an eye on this pair, lets see if it breaks down first or just go long without the turn. A strong bullish candle will tell us to go long. **Always wait for the confirmation candle to enter the trade** **Always close half of your position after reaching half of the TP and set your SL to your entry price** **Never risk more than %2-3 of your account....
I am expecting a touchdown to the support line and a turn back with a strong bullish candle back into the channel. **Always wait for the confirmation candle to enter the trade** **Always close half of your position after reaching half of the TP and set your SL to your entry price** **Never risk more than %2-3 of your account. Money management is the master...
We will be waiting for a touchdown on the support line, even a little break till 2.04450, our confirmation will be a strong bullish candle back into the channel. **Always wait for the confirmation candle to enter the trade** **Always close half of your position after reaching half of the TP and set your SL to your entry price** **Never risk more than %2-3 of your...
No technical analysis here, just out of curiosity, risk the minimum amount.. **Always wait for the confirmation candle to enter the trade** **Always close half of your position after reaching half of the TP and set your SL to your entry price** **Never risk more than %2-3 of your account. Money management is the master key** **Do your own analysis and take...
The weak support is reached, expecting it to break down to the major support area where it fills some sellers during the period. We may still expect another fake breakout at major support, then a rocket sky back to the upper channel line. Risk reward ratio is not good but this may add some pips to your account. **Always wait for the confirmation candle to enter...
Hello friends, Like other aud pairs, this also fell back to the resistance line, which became our support now. Our confirmation will be a strong bullish candle back into the channel. First Expected stop will be around 70.20 (where we will close half of our positions), the expected pullback to 69.400 area, then another climb to 71,500 **Always wait for the...
A late idea but its mostly possible that the price mo e up to the upper line.
Lets see if this going to build a channel as expected..
As the price couldnt make a breakout on 28th, price didnt move back to the lower channel line. Price mostly tries to break the upper line one more time. Going long till the upper line is broken and then going hardly for short.
Just a gamle with %0.5 of the equity