idea cellular at important support zone
RSI says in good scope of BULL Direction MACD says good to BUY 100 as virtual support price.
Break and restest of the 50 EMA Bounce off the pivot point Bullish Engulfing Upcoming news in NZ of consumer confidence could be a good boost or if negative could move the trade against us. risk/ reward 1:2 Stop below 50EMA and Pivot point. TP just before R1 but will need to trade through some previous resistance level at .70800 risk .5% Let me know your...
Here is a potential short, we should see the price move towards the newley created downwards trendline, price may respect the trendline sending price down to 61.80% and my entry level, however price may break downwards trend and move towards and test 78.60%, we hopefully should see a bounce off 78.60% resistence moving price action towards my entry level. I will...
LATEST VIDEO: www.youtube.com PAIR: EUR/JPY TIME-FRAME: 15M TRADE: BAT PATTERN NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: facebook.com YOUTUBE: www.youtube.com
LATEST VIDEO: www.youtube.com PAIR: EUR/USD TIME-FRAME: 4HR TRADE: CYPHER PATTERN NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: facebook.com YOUTUBE: www.youtube.com
Descending Channel , Lower continuation is likely to occur. However , We cannot predict the market. All we have is price and need to learn how to read it correctly. I'm just reading charts. Spike from lows , spike from high. A lot of indecision in the market. Better to stay out or at least Risk small.
DOJI formation at the previous support signals a buy for now. Target 1: 104.50 SL: 97.70 Risk Reward= 1:4
PROS - Low test candle formation. - Rejection of both horizontal support and a downward sloping trendline. - Price sat between 0.5 & 0.618 Fib retracement. - Bullish MACD Divergence - Oversold on Stoch RSI CONS - Trading against the trend. - Trading towards key EMA's. Thoughts on this position?
PROS - Rejection of 0.618 retracement level - Stoch RSI oversold on monthly, weekly, daily. - Rejection of horizontal resistance - Rejection of upward sloping trendline - Reversal candle pattern CONS - Trading against the trend - Trading toward key EMA's TARGET 0.68562 - 0.618 retracement from previous swing low to latest high. This retracement ties in with daily 50EMA
JUNE PROMO: www.StarProsper.com PAIR: AUD/JPY TIME-FRAME: 1HR TRADE: CTS Looking at taking a Short position on AUD/JPY - waiting for a DT (LTF) for our ROE to be met. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: ...
JUNE PROMO: www.StarProsper.com PAIR: GBP/JPY TIME-FRAME: 4HR TRADE: BUYING OPPORTUNITY In the Live Room with our Star Community, we decided to post one of our Trading ideas for everyone to follow along with. Have a great weekend Traders! NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star...
After seeing price show strong bullish run... looking to take this counter trend trade set up on this price break of 2.0333 1:1 60 points 1:2 120 points 1:3 180 points @ 618 retracement Stops ' @ 2.0394 (60 Point)
USDJPy has pushed through horizontal level @ 109.68 to now test strong daily trend line currently seeing indecision. if price can break below 109.85 showing strong continuation... looking to take short a position with stops at previous 8 hour candle high 110.48 1:2 targets
There is a new calculation in my strategy. Check out the full case study on my website the link is in my profile here.