Not much to say about this one. Expected short bounce then a lot of upside afterwards. Not too long ago this share was trading at $300+ but it's been hammered due to bad news and general trading.
I finally expect the trend to alter and for this to go back above the $300 mark (pending no bad SEC news etc etc). I have identified the major support / resistance lines...
Trade for this week, placed a Sell order on USDJPY at 111.500. Stop Loss 30 pips. TP 130 pips +
If you take this trade, you may need to hold it for 1 or 2 weeks. Ride out the ups and downs.
This is the only trade i can think of this week. Not sure which day it will happen. but I give this order 3 days to fill or cancel.
Stop loss and profit targets are detailed in the picture. I would like to think, this is as simple as it gets. anyone should be able to execute this trade.
In this screencast I show some of my positions which are mirrored on my live account. I say that blowing up Tradingview paper accounts is a good thing. The present account has not been blown up for about a year, which is much better than before. I used to blow up an paper account every 3 to 6 months before. It's a very safe space to gain experience, to fail...
Looks like USDJPY is retracing(pullback). The moving average crossed so I think it's going to change in direction and start down-trending again. Not showing any signs on breaking through trendline. Will be watching, looking for a sell.
If we look a closer look on the 2 hour, we just broke under the "HL", red line.
Look for the pullback to the 0.618 or 0.786 retracement.
RSI almost oversold.
The bear's is "tried".
Trade begin: 0.618
Targets if complete: 1.22562
Stop loss: 1.24111
1½:1 trade!
Trade begin: 0.786
Targets if complete: 1.22562
Stop loss: 1.24111
3:1 trade! Let's go
RSI: oversold still.
Allredy in short on the dailey on this, if u want to get a nice litlle pips, maybe look for this trade.
Gartley complete in D : 1.39751
Target 1: 1.39557
Target 2: 1.39441
Stop loss: 1.139942.
First time doing a Bat pattern, 2 hour time frame.
Target 1: 1320.673
Target 2: 1324.195
Stop loss: 1313.288.
RSI: Oversold.
And after the we hit the targets, i think it will go Down, and make a LL.
Hello, here we will wait and see on the D point will reach.
The D point will complete on 1328.68
Targets 1: 1322.29
Target 2: 1318.36
Stop loss: 1334.88
1:1 trade.
Let' wait for the D leg, and see where we go.
Market just need to get a Little more push up, and we will go Down .
Cypher, need to go up to c, for the 1.272 and can not close over 1.414, and after that we will go Down to D.
Gartley, we just need to get the conformation, to the D leg, wich will be 1.22260.
Targets 1:
1.23394.
Targets 2:
1.24095
Stop loss:
1.21402.
Will also look for the pennats.
Just need to wait for the conformation there, for the break about.
Price currently in fresh buy zone that is nearly bottomed out, I believe price is in for a good long opportunity on the weekly charts. Trade has been taken for long up to red indicator target area.
Have indicatios and a bias to believe that there are opportunities for the GBPUSD to go long for the Mo/W/D timeframes as trend momentum downwards has been broken, and overall Mo is up. Using the trading methodology from my mentor we can utilize a set and forget type of trade of the order flow method, since upward monthly trend is currently upward.
Made this trade with speculation that GBPUSD is short, however trade is going against me at the moment. I utilized my strategy of creating a range between my blue and red levels, and encapsulated within them speculated inside of the shorter timeframes. Although the trade is going against me, I am using risk management that is proper and comfortable for my trade...
