forextrader249

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About me 22 - Scotland - 2 years in the game. My trading system is simple and is used on daily or 4 hour time frames. Low risk high profit!
Last visit Joined 2 years ago Edinburgh, Scotland, UK Forextrader249
Wealth is of the heart and mind, not the pocket
Markets Allocation
90 % forex 10 % other
Top Mentioned Symbols
EURUSD 15% | 3 EURJPY 10% | 2 GBPUSD 10% | 2 AUDUSD 5% | 1
forextrader249 forextrader249 EURJPY, D, Long , a year ago
EURJPY: Long all day!
48 0 1
EURJPY, D Long
Long all day!
Waiting or candle to break and close above the grey neutral area! If it breaks this im looking to shoot for 145. Taking profits or adding on trades on 4 hour TF! A long position is still possible if candles do not close below read area!
forextrader249 forextrader249 EURUSD, 240, Short , 2 years ago
EURUSD: EURUSD
82 0 1
EURUSD, 240 Short
EURUSD
Description on Chart
forextrader249 forextrader249 EURNZD, 240, Short , 2 years ago
EURNZD: EURNZD
44 0 1
EURNZD, 240 Short
EURNZD
Currently broken below 50% level,, looking to break 1.41359 and head own to 1.39721 and beyond
forextrader249 forextrader249 NZDJPY, 240, Short , 2 years ago
NZDJPY: NZDJPY
36 0 1
NZDJPY, 240 Short
NZDJPY
4hour timeframe. Maybe a pullback into 91.000 if youre looking for an entry. next stop 92.208
forextrader249 forextrader249 EURUSD, 60, Short , 2 years ago
EURUSD: EURUSD update
95 0 2
EURUSD, 60 Short
EURUSD update
- Added a head & shoulders ( I think ) - Small fib - candle is at the 61/50% level - Ichimoku, kijun-sen shows past resistance & 1.07537 - Waiting to see if candle closes below 1. The cloud 2. Kijen-Sen line 3. Below 50% fib level
forextrader249 forextrader249 AUDNZD, D, Short , 2 years ago
AUDNZD: AUDNZD - SHORT, respect the trend?!
54 0 2
AUDNZD, D Short
AUDNZD - SHORT, respect the trend?!
Hmmm.. ok this is what I think.. pretty simple: - pull back into 1.02845 ( red highlighted area) - wait for an engulfing bearish candle to signal reversals over. - Aim for my Target areas, moving stop lose accordingly OR: - If the pullback doesn't reach 1.02845. Wait till candle closes below 1.00382 - Aim ...
forextrader249 forextrader249 XAGUSD, D, Short , 2 years ago
XAGUSD: SILVER - Short
216 2 4
XAGUSD, D Short
SILVER - Short
I don't trade silver so feedback or anything would be great.. Everything's pretty self explanatory. I'm mapped up a possible head and shoulders pattern Looking for that bearish engulfing candle around 16.525 & 17.049. Once n the trade looking at y targets to be: Target 1 - 15.432 (double botton) Target 2 - ...
forextrader249 forextrader249 GBPCAD, D, Long , 2 years ago
GBPCAD: GBPAUD - LONG, LONG TERM
63 0 1
GBPCAD, D Long
GBPAUD - LONG, LONG TERM
Now this might take a week or 2 but let me explain what I hope to see play out.. the red box is the area inbetween my 50 and 61% fib level. I'm going to let this down trend play out for a bit. Once a candle is in the red zone i'm looking for a bullish engulfing candle to note me trend over, back to being LONG. ...
forextrader249 forextrader249 XAUUSD, D, Short , 2 years ago
XAUUSD: Short Gold soon?
184 0 1
XAUUSD, D Short
Short Gold soon?
This is the FIRST ever time have analysed gold. any feedback would be great. If we look left we see at the end of Feb/ Start of March 1217.37 / 1229.92 was a strong resistance zone. At the moment that is were market is currently at. I'm looking for a signal of a BEARISH engulfing candle that closes below ...
forextrader249 forextrader249 USDCAD, D, Long , 2 years ago
USDCAD: USDCAD, im thinking LONG
154 2 2
USDCAD, D Long
USDCAD, im thinking LONG
Overall this is a STRONG up trend. Since February the markets been bouncing between 1.24298 & 1.27856. Where market is now and it being an up trend, i'm looking for the green light ( bullish engulfing candle) to enter. I've highlighted in yellow ( 1.25276 ) because when I went down to the 4 hour. I found that ...
forextrader249 forextrader249 GBPJPY, D, 2 years ago
GBPJPY: GBPJPY - Hmmm
74 0 1
GBPJPY, D
GBPJPY - Hmmm
This pair, in my eyes has a lot of IF/THEN situations. I'm thinking short but first I would like to see a few things happen. Overall this has been in a smooth up trend but i'm seeing on the daily, some new LOWER HIGH and market keeps bouncing off that 176.350 zone. I think IF a candle can break that 176.350 ...
forextrader249 forextrader249 NZDUSD, D, Short , 2 years ago
NZDUSD: NZDUSD - Get low to the floor!!
140 0 1
NZDUSD, D Short
NZDUSD - Get low to the floor!!
First off this is a clear as rain down trend. First I measured the size of previous ranges. cloned the size to get my potential target area for the future. Next I market the resistance at 0.76203. Had this area s my zone to look for signs of a continuation to the down side. At this are we can see a doji was ...
forextrader249 forextrader249 AUDJPY, D, Short , 2 years ago
AUDJPY: AUDJPY - Short Trade short and long term
99 0 2
AUDJPY, D Short
AUDJPY - Short Trade short and long term
A Doji formed after candle hit resistance line. Next day an engulfing candle was formed. I have located 91.956 as a cautious area because that has played as S&R in the past. My first target is 90.508 ( possible double bottom) Second target is 89.279 ( 23% on fib level) Third target area for the LONG term is ...
forextrader249 forextrader249 EURJPY, D, Short , 2 years ago
EURJPY: EURJPY - Daily
77 0 1
EURJPY, D Short
EURJPY - Daily
Measured the range and got my future targets. Im looking for daily candle to close below 130.423 continuing to drop to 125.936 then later in the future hit 120.119
forextrader249 forextrader249 AUDUSD, D, Short , 2 years ago
AUDUSD: AUDUSD drop, drop, drop
235 0 1
AUDUSD, D Short
AUDUSD drop, drop, drop
AUDUSD is currently testing its past resistance line. I'm looking for a rejection so an engulfing are large bearish candle is formed. I've highlighted my 2 target area and ( 0.77039) is my area to be cautious of because it was, previously, support level
forextrader249 forextrader249 USDJPY, D, Long , 2 years ago
USDJPY: USDJPY 121.373 and beyond?
165 1 2
USDJPY, D Long
USDJPY 121.373 and beyond?
Lets get a continuation to the upside guys. I'm waiting for this to hit that 119.104/118.432 area and bounce back yo to the 120/121 levels. If market get to the 119/118 zone il looking for a bullish engulfing candle to show that the bulls are taking over. If market/candle doesn't get there my next area i'm ...
forextrader249 forextrader249 GBPUSD, D, Short , 2 years ago
GBPUSD: GBPUSD lets dive lower
115 0 1
GBPUSD, D Short
GBPUSD lets dive lower
Looking for a potential short position here. Market back you close to that 1.5029 resistance area. Waiting on an engulfing candle to indicate bearish momentum. My first area to be cautious of is 1.1436 because it has acted as strong support in the past. Once this is broken my targets are labelled. I got these ...
forextrader249 forextrader249 EURUSD, D, Short , 2 years ago
EURUSD: Waiting on EURUSD to Get back to Shorting ways
309 2 5
EURUSD, D Short
Waiting on EURUSD to Get back to Shorting ways
I went by this by measuring the previous range and the current range. The yellow highlighted area are the mid-way point in these ranges. Waiting for evidence to enter long. My evidence would be an engulfing bearish candle. If market doesn't reach the 1.11099 market i'll be looking for a candle to close below the ...
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