My thoughts on gold price action. R:R = 1:2. NOTE: THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. ALWAYS APPLY PROPER RISK MANAGEMENT
NZDUSD shows some bearish momentum on 2H and 4H so I think it'll continue to drop at least within the earlier described consolidation range. My setup provides an entry on a 5min OB with a 1:1.2 R:R. NOTE: ALWAYS APPLY PROPER RISK MANAGEMENT AND NEVER RISK MORE THAN 2-4% OF YOUR EQUITY
If you took my setup on NZDUSD 2H bullish reentry please exit. Price obeyed my entry zone on 15M but it does not show any bullish momentum at that price zone so it'll most likely drop to go buy at a discount
Had posted this setup earlier but SL was hit though I had moved my SL lower. Still watching price action so that I can decide whether to close or hold
NZDUSD still shows bullish momentum and has broken structure upwards on low timeframes. I believe that it has entered a consolidation range between 6288 and 6154 that we might take advantage of. My setup provides a 1:2 R:R bullish re-entry. NOTE: THIS SETUP DOES NOT GUARANTEE PRICE MOVEMENT. USE PROPER RISK MANAGEMENT
The price will continue with the original move (short) only if the current price goes up to fill the OB area then wait for its reactions with LTF to give us a possible sell signal in the lower time frames M1 to M5. And other reasons would be that the price will mostly reverse up and find an AOI for the central banks to find an area to put their orders in blocks as...
From the setup I shared yesterday, Nasdaq obeyed our order block but price hasn't showed any bullish momentum. However, It has broken low time frame structure and created a new order block on 1H that we might use to take our buy chances. The setup holds up to 1:3 risk:reward. NOTE: PLEASE USE PROPER RISK MANAGEMENT AND NEVER RISK MORE THAN 2-4% OF YOUR EQUITY
Shared the setup yesterday. TP1 was already hit. Let's see how it'll play out. You can close or secure profits with SL if you intend to continue holding.
Shared this gold setup yesterday and price obeyed the 4H order block to rally up. TP1 was realized. NOTE: ALWAYS APPLY PROPER RISK MANAGEMENT
Nasdaq created a bullish impulse last week breaking above 4H highs. It is currently moving downwards possibly as a retracement to fill the liquidity void to the 4H order block which might be a safe place to enter a buy order. If price obeys the order block it may rally to fill the gap at 1174 or go higher to fill the liquidity void to the previous point of market...
NZDUSD shows bullish momentum having broken above previous 4H highs. A place of the fib retracement on the bullish impulse gives us a demand liquidity zone at the 50% fib level which might be a safe zone to enter a buy yo previous high or to a previous 4H order block above the previous highs. My setup offers 1:2 to 1:4 risk:reward if price rallies to the mentioned...
Gold is still bullish. It created higher highs on 4H last week and so I think it might retrace to the 4H order block from where it might continue bullish to take out previous highs not yet taken. My trade setup is at least 1:2 risk:reward. NOTE: APPLY PROPER RISK MANAGEMENT
Gold shows a pause or stop in the bullish move on higher timeframes which might indicate that a retracement might begin. A look at the lower timeframes shows some bearish price action and one might take a risk on a short term sell. My setup gives a 1:2 risk:reward. Remember to ALWAYS consider risk management and don't risk more than 4% of your equity
Series of LLs and LHs : DownTrend Price Action with a Downward Trendline LH @ 0.5 Fab Retracement Level Going Short with 1/1.5 R/R
My name is Shavarie. I am a swing trader. Trade forex is what I do on a daily basis. At the age of 15, everything began. I got started in the financial markets because of my love for a wealthy lifestyle. I wanted to succeed at this game in order to avoid working a 9 to 5 job and living an average existence. When I was a child, my mom worked hard nearly all of the...
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