martenus.prince

martenus.prince

I added some tools to my portfolio and I am testing them these days. Two of them are EMA and SMA - we have a price crossing under SMA 100, which is a sell signal. SAR indicator signals the same. Possible Fibo retracement bounce from 50% level of previous downward move. We are probably not gonna touch the upper trend line. Going short, trade opened.

martenus.prince

Both longterm suggests a strong downtrend and now also the smaller scale we are going down again. I entered in short position.

martenus.prince

I think we will not finish the big yellow uptrend to touch the trend line and we are instead going to touch the bottom again. I opened a short position now.

martenus.prince Updated 

I have two scenarios in the works on EURAUD and this is their description. I am not in any position yet, but I will be searching for a good entry to long. There might be an opportunity for a little short as well, until we have a good opportunity for a proper long position.

martenus.prince Updated 

I am not in the position yet, but this looks like a nice setup for the upcoming week. We will wait for price action at the bottom trend line. There is not only this trend line, but also a support zone. And since a bouce is more likely than a breakthrough, I will be searching for a good entry point here and putting SL under the lightblue support zone.

martenus.prince

We now stopped in the shorter-term channel at the bottom and we have two options. I am in favour of more downtrend. That is why I setup a second entry as sell stop. I also have a great position from the top of the channel in a short position. I can collect my profits if the trend reverses and price bounces.

martenus.prince Updated 

We are in a downtrend within a larger uptrend channel, there is still plenty of room to go down a little. We need to wait for price action around the bearish upper trend line.

martenus.prince

I had a nice opportunity to enter at the reentry into this big bullish channel and currently I am running nice profit. There are two resistances ahead and some more if we go all the way to the red channel, red upper line is visible in this graph. I will edit my TPs accordingly to price action.

martenus.prince

I am staying with this downtrend down until the large-scale trend, have a good RRR on this! Big hopes for next week.

martenus.prince Updated 

I am staying with the uptrend for a long position, middle term trade, but with tight SL.

martenus.prince Updated 

I setup a sell stop order on this pair as I see the trend continuation in the downward direction. Simple trend continuation analysis within the trend channel.

martenus.prince Updated 

Simple downtrend analysis. The price has touched the bear line. I setup a trade with 1:4 RRR.

martenus.prince Updated 

Possible trade setups on this pair. Scenarios are based on short-term and long-term trend channel analysis. I am not in the market yet, but it is under my watch.

martenus.prince Updated 

Speculation on more bull continuation, but careful about it, so I placed a buy stop order instead of immediatelly entering the market.

martenus.prince Updated 

In expectation of a downtrend as a result of hitting a resistance creating a possible double top. I am in the trade now, very risky, because the double top is not yet confirmed.

martenus.prince

I am in a sell position now and will watch the price near the bottom supporting trend line, expecting the price either to bump up and rise continue in the downtrend. Possible scenarios there is the price will fall, retest and either continue down or go back in between the trend lines, that has been present there for a while. Price needs to be watched closely...