Price is below resistance level Price at 50 sma Price can bounce back up to retest range top Price has already gone to 100 sma, so price can fall past that level Short trade Sell Stop @ 111.05 Sell Take Profit @ 110.70 support level Stop Loss @ 111.70
Price has entered the inner range space between the 50 sma and the 100 sma price may raise back up to the 50 sma. There it can continue long and retest high @ 1.5353 Or bounce back below the 50 sma and continue to the 100 sma Short trade Sell Stop at 1.5210 Sell Take Profit at 1.5175 I will place SL above 50 sma I will cancel short trade if price goes above 50 sma
Price is between 50 sma & 100 sma which I call inside range Price has held under 50 sma so bias is short Long Trade Buy Stop @ 1.1665 1st Take Profit is 1.1690 2nd Take Profit is 1.1718 Short Trade Sell Stop @ 1.1614 1st Take profit @ 1.1580 2nd Take Profit @ 1.1538 I will find appropriate SL This is for education purpose not a trade call
NZDUSD 4H broke above 100 sma Price can continue bullish Long Trade Buy Stop .6700 Take Profit .6725 You determine SL Price can return below 100 sma again Short Trade Sell Stop .6660 Take profit .6610 You determine SL
Price may push higher making higher highs and higher lows showing a bullish trend pattern Long Trade Buy Stop 1.2955 Buy Take Profit 1.3091 You find SL Price may slip back below 100 sma Short Trade Sell Stop 1.2860 Sell Take profit 1.2780 You find SL
Price held at 100 sma Short trades 1st Sell Stop @ 1.3067 2nd Sell Stop @ 1.3017 3rd Sell Stop 2 1.2947 Take Profit along the way or Finale Take Profit @ 1.2910 SL shown - move SL as price continues to fall to protect profits
Price is in a double range box Long Trade Buy Stop @ 111.62 Buy Take Profit @ 112.00 You determine SL Short Trade Sell Stop @ 110.95 Sell Tke Profit @ 110.65 You determine SL
Price at 50 sma Watch Macd for direction Long Trade Break of 100 sma and trendline Find entry on smaller time frame You determine SL Take Profits at resistance levels Short Trade Price close below 50 sma Find entry on smaller time frame You determine SL Take Profits at support levels
Pair is rising to top of range Price breaks aboe 100 sma enter Take Profit at top of range
There is CAD news in the morning of the NY session which should move price in either direction High possiblity that price coud move sideways until news comes out Bullish trade can move up to previous resistance and 100 sma Bearish trade can move to bottom of range
Pair is at the bottom above the 50 sma Price can move up to the 100 sma Long trade Buy Stop @ .6800 Long Take Profit @ .6858 You place SL Price can break below 50 sma Short trade Sell Stop @ .6773 Sell Take Profit @ .6691 You place SL
Price is in between 50 sma and 100 sma. Price fell half way to 100 sma and returned to 50 sma Price should fall toward 100 sma Price at 100 sma will either cross below 100 sma or consolidate sideways Sell stop below 100 sma @ 1.7795 Take Profit @ 1.7728 SL as shown If price crosses above 50 sma trade void
Price has broken below 50 sma and went about half way Price could continue to 100 sma or rise back up to the 50 sma Sell limit placed if price returns to 50 sma Sell Stop placed if price continues to 100 sma SL placed Take Profit is the 100 sma Watch Macd
Price broke below 50 sma and went half way then returned back to the 50 sma. Now price will continue bullish or bearish. If bearish it will break below the 50 sma and head to the 100 sma. I have Sell Stop at just below the 50 sma and just below the recent fractal low in the middle. Take Profit will be just above the 100 sma
Pair is in a range Price fe back below 100 sma Price will either down to 50 sma Or price will cross above 100 sma and return to the top of range If price falls and crosses 50 sma it will continue to bottom of range Determine your own SL
NZDUSD is in an bullish uptrend. It has moved sideways in a range Watch Macd for direction Bullish Range Breakout Trade Buy Stop .7073 Take Profit .7150 SL below Range top Bearish Range Trade Enter below 100 sma Sell Stop .6965 Take Profit .6902 SL above 100 sma
Pair may go sideways waiting for FOMC tomorrow Price is technically in an up-trend position because it has not swung below ma's in last 30 bars If it is going to be a trend then price should make a higher high If not, then price should drop below both ma's and fall towards the range bottom Watch Macd for direction Bullish trend trade Range top breakout Buy Stop...
Price moved above 100 sma Price has 2 options besides moving sideways Option 1 - Price continues up into Pending Sell area 1.1809 & 1.1830 - Sell from here - SL 1.1845 Option 2 - Price falls into Sell Stop @ 1.1767 - Take Profit @ 1.1730 If price continues bullish move above 1.1850 wait for new setup If price falls below 50 sma Sell Stop @ 1.1625 Take profit @...