rs7gram

rs7gram

No major news until March 7th. Pivot levels are technical. All ideas represent my live market actions.

rs7gram Updated 

entry at the D point, SL a few pips above the X and 4 TP levels to be taken according to your risk appetite. Red vertical line = high impact news to look out for. PLEASE REMEMBER to set the SL to breakeven once the trade reaches TP1

rs7gram

short until fib cluster @ 87.917 and entry long until another fib cluster @ 88.694 important events: AUD unemployment @ 16:30 pacific time

rs7gram

Playing wedge's bottom; confirmed bottom trendline and a speculative top trendline. If breaks out bottom, bottom trigger can be used to short until second or first bottoms. if respected, bottom trendline allows for a very tight R/R that can be comfortably left alone due to no major news in sight. Once over and once the top trendline is confirmed, a breakout...

rs7gram Updated 

Literally a channel. Here. Can't exactly set and forget, but if you babysit it's an easy money. Trigger lines for boundary tolerance/break triggers, depending on your appetite.

rs7gram Updated 

Bearish trendline confirmed break, pullback already took place. No major news ahead. Multi-step trade setup with various TP levels turning into profit SL. Tight initial SL in a fib cluster.

rs7gram

Risk 48 pips Reward 520 pips Risk/Reward: 1:10

rs7gram Updated 

Most likely bouncing off the first support. CM bottoms reading is green and above both blue and yellow bands, and it's a .382 of the global channel. If fails, the only way is until the bottom of the channel where it's most likely to bounce off unless it breaks, where it'll be a whole new trade idea. Low risk setup with a general ratio of 5:1. Part of a bigger...

rs7gram Updated 

After respecting the resistance of a bearish FX:EURCHF channel 3 times, the price has finally confirmed a complete candle outside of it, and that means only one thing: the channel is broken in favor of bulls. The most sensible thing to do is to enter long ASAP because it's a confirmed break, but a better strategy would be to enter a small market order position...

rs7gram Updated 

...and I'm not even sure if other traders use this, but it works for me and HATE writing with my hand, so here's just another journal entry of mine, being made public so I know for sure I'm not talking out of my rear end. Feel free to comment because I'm still learning... Pure technical analysis of previous support levels. Experience shows they are respected in...

rs7gram Updated 

PA touched the top of channel, channel is very strong and nothing too major in sight(hey Trump is the definition of volatility so come on). Hoping to catch 100-120 pips

rs7gram Updated 

AUDUSD opportunity to short. PA in the middle of the channel, so there's a possibility for a better entry spot by waiting to see if the price goes up to the top of the channel. Not as thought out trade, but the channel is strong so I'm going in on that one for a couple of days also.

rs7gram Updated 

AUDNZD Bullish flag inside a steep bullish channel on a 1H timeframe, all inside a global neutral channel. First trade will take advantage of the flag (TP - top of global channel, SL - candle bottom of the flag) and second trade will take advantage of the channel breakout on a 5% channel trigger (TP - previous historic pivot, SL - real channel boundary) - that...

rs7gram Updated 

new channel spotted. expecting a 1-2 more bounces before trend line trigger breaks and that sucker finally drops... this one should be good ;)

rs7gram Updated 

GBPAUD Channel formed, trendline has the tendency to break (trigger line included). If broken, looking to short until initial support (bottom start of the channel). CW_Williams reading low, bottom unlikely

rs7gram Updated 

Wedge followed a sudden drop after COT readings were a surprise. One false bull breakout towards the end of the wedge, high chance of a real breakout. Trigger line moved to the breakout level. If PA touches the line, long position will be triggered. SL is placed at the wedge boundary, TP placed at the first rebounce of the drop, matching with the .5 level (see fibb.)

rs7gram Updated 

Incomplete right shoulder. Head was also a bounce off of global channel's trigger line. good entry because it's close to right shoulder's top, where stop loss should be placed, making the risk much less. Planning to trade until the pattern is completed. A more risky strategy would be to keep holding for further bear movement.