It is always important to know which phase of the market you trade, Is it a consolidation, is it an early trade, is it a retracement. All this tells you how to trade, where you put your stoploss and your targets. So this is a beautiful range that is identified and you just buy low and sell high.
Been looking at BTCUSD for a long while now and i am sure every body who is interested in Cryptos must be very enthusiastic right now about a turn around in the market. But for holders this are two incredibly possible scenarios, and for short them speculators, brace yourselves for a small fall, then a rise...and then either a very big fall or an eventual start of...
Hello fello traders, a very good counter trend trade on GBPUSD, enter at the open of the next 4H candle. remember this strategy is suitable only for 4Hours time frame, remember never to risk up to 3% of you account on any one trade. Always use a stop loss and make sure you implement the right risk reward for your account.
WE HAVE BEEN IN A CHANNEL ON EURJPY SINCE THE START OF THIS YEAR, AND IT IS MAKING A PUSH TOWARDS THE 126.00 LEVEL. AS USUAL AFTER A RE-TRACEMENT WE LOOK FOR A FAKE OUT AND WE GO LONG AT THE OPEN OF THE NEXT 4H CANDLE.
ALWAYS MANAGE YOU RISK AND ADJUST YOUR VOLUME ACCORDING TO YOUR STOP LOSS AND NEVER RISK UP TO 2% OF YOUR ACCOUNT ON ANY ONE TRADE. NEVER EVER...
Hello traders, this is a simple trend following and Candlestick trading pattern on CHFJPY which works only on the 4H time frame. After a move up, we have a re-tracement and price returns to test a psychological resistance level which is the only resistance levels i use in my trading. Remember this strategy also works very well with diagonal trend lines, it also...
This is a classic head and shoulders pattern that may be signaling a long term buy on the USDCHF pair. The key is to be patient and pick a good entry for the long side of the trade. Remember, Risk management and Money management are the two thing that make or break any trader, no matter the system you trade.
After a complete year in a Down trend, the AUDUSD pair has broken out of the Channel and has tested the upper resistance level of the channel now turned support. We are looking to post a buy at least to the 61.8% of the year long channel.
The pair has been in an uptrend for the better part of this year. With the fall in prices of crude oil which will directly affect the strength of the Canadian dollar, this will be a good trade to take for the weeks ahead. Remember you can trail your position at 200pips and it is good Reward/Risk of 3:1
After a very strong down trend and an equally fast and rapid retracement, seen by a very positive week for the NZD across the board, this pair is at a confluence of signals, S/R, Fibonacci, Candlesticks all indicating a continuation of the down trend.
With the retracement considered complete with a beautifully formed Morning Star reversal pattern at the 61.8 Fib retracement level, We are probably going to see a continuation of the up trend with an AB=CD pattern
After a bearish triangle break out, we have the crossing over of the 50EMA, signaling and uptrend. We also have the break and retest of the 1.33000 level, which is a support area, and a good place to go long.