". There is a possibility of temporary retracement to suggested support line (104.20).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. USDJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
GOLD M15 STRATEGY TAILORED for gold on the M15 timeframe.
Our most recent SELL trade is now running +8.6% GAIN! GREAT sell, we will continue to hold this until the trend reverses an a BUY is valid!
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are...
. There is a possibility of temporary retracement to suggested support line (0.9115). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. USDCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
AGAIN... Another trade where most of you using technical analysis would have placed a BUY on this expecting price to reject from both our Support & resistance zone aswell as the large ascending trendline which was in play.
while you was doing that, i was in the bath reading a book 😂🤣
What is our strategy?
Our strategy is a trend following strategy - that is...
Very rarely can anyone 'really' back up their solution and trading strategy like this. They advertise hopes and dreams with profit shots without showing you 'how' and you see no proof.
I know; so we were committed to provided proof.
Now imagine trading in a way where you can live your normal life without being sat in front of the screen for hours a day or in...
This proves that we have to change the way we trade. support levels are broken, fib bands are not being respected. This is to trick the trader that its turning bearish. It may still might drop further and prove me wrong but by my TA it should see a bounce here.
AUDUSD - we saw a low of 0.7010 then bounced back up to 0.7033 where I entered my short. We need to get through the 0.7006 fibbo support lvl and then we could see further momentum to the downside. Fundamentally, I believe in this trade as the asset responds negatively to volatility and a risk off mood that we could experience towards the US election. Entry: 0.7033...
So... how do you trade? why do 85% of traders lose money?
How do you trade? drop me amessage, comment on my idea. tell me how you trade the markets and why? are you self taught or did you BUY a ''forex guru's'' course?!
We ALL know that 85% of traders lose money trading on the foreign exchange market, but why? well... think that almost all of these traders are...
And there we have it... No pretty lines, NO stress, NO technical analsyis, NO more wasted time on the charts
ONE of the main reasons for people wanting to trade forex is for not only the financial benefit but to have FREEDOM!
so why would you then spend ALL DAY performing technical analysis on the charts 👀
in hand causing you the stress, the bad night sleep, the...
GBPJPY brokedown below the uptrend support.
The market is testing the 0.5 fibonacci retracement level and is printing the double top reversal pattern.
Breakdown below neckline support could be a bearish signal ⬇️.
RSI confirmation 🔽.