Hey Rich Friends, I forgot to post the initial idea for this EU Bearish move but I was happy to see the market went in my favor! I analyzed the market around 10:00 AM EST on July 24, 2003, to get my confirmations and set a sell limit at 1.10850. When I am looking for a sale, here are the things I look for with my strategy: 1. Candles are forming below one or...
- Bullish engulfing candle crossed above the 200 EMA. Bullish conditions met. - MOM facing up and above 0. Bullish conditions met. - STOCH facing up and the blue line is above the orange line. Bullish conditions met Buy At Market Execution Or Buy Limit At 0.62100 Or Lower SL: 0.61700 OR LOWER (40 pips or more) TP 1: 0.62500 (40 pips) 1:1RR TP 2: 0.62700 (60...
NZDUSD took a while to make this move but it finally happened! - Structure was broken on the upside confirming the Bullish trend. - Green candles crossed above both EMAs (50 and 200). Bullish conditions met. - MOM facing up and above the 0 line. Bullish conditions met. - STOCH facing up and above 50. Bullish conditions met. TP 1 and TP 2 HIT. TP 3 PENDING
Bearish idea complete! All 3 TPs were hit. 80 pips secured from Sell Limit idea at 0.62150 SL: 0.62550 OR HIGHER (40 pips or more) TP 1: 0.61750 (+40 pips) 1:1RR TP 2: 0.61550 (60 pips) 1:1.5RR TP 3: 0.61350 (80 pips) 1:2RR
Potential SELL AT MARKET EXECUTION OR SELL STOP AT 0.67100 OR HIGHER SL: 0.67500 OR HIGHER (40 pips or more) TP 1: 0.66700 (40 pips) 1:1RR TP 2: 0.66300 (80 pips) 1:2RR - Candles crossing below 200 EMA and the structure has been broken on the downside. Bearish condition met. - MOM facing down. Bearish condition met. - STOCH facing down and below 0. Bearish...
AUDUSD actually did rapidly sell after the rate announcement at 12:30 AM EST. It is already below the 200 EMA and has just broken structure on the downside by crossing below the 50 EMA. - MOM looks like it is on the 0 line but it is actually negative which for me is a bearish confirmation. -STOCH is below 50, facing down and the orange line is above the blue....
I am thinking that NZDUSD will sell. - The candles are below both of the EMAs. Bearish conditions are met. - The MOM is below 0. Bearish conditions are met. - The STOCH is below 50, facing down and the orange line is above the blue line. Bearish conditions are met. Potential trade idea. Sell at Market execution or Sell Limit at 0.61500. SL: 0.62000 (-40...
Looking for sell opportunities because market is bearish on multiple time frames. - candles below both EMAs - MOM facing down but not below yet -STOCH facing down, the orange line is above the blue line but it is not below 50 yet SELL AT MARKET EXECUTION OR SELL LIMIT AT 0.61200 OR HIGHER SL: 0.61600 OR HIGHER (40 pips or more) TP 1: 0.60800 (40 pips) 1:1RR TP...
Looking for EU to buy at Market execution or Buy Stop at 1.10300 if the price continues to rise. - The break of Structure is on the upside. Bullish conditions met. - Candles above both EMAS. Bullish conditions met. - MOM is above 0. Bullish conditions met. - STOCH is facing up, above 50 and the blue line is above the orange line. Bullish conditions met. SL:...
Looking for NU to sell. Bearish confirmations met on multiple time frames. Potential Sell Stop at 0.60550 - Red candle below both EMAS. - MOM is facing down and below 0. - STOCH is below 50. Waiting for it to be facing down and for the orange line to to cross over the blue line.
It looks like GU may continue to sell. - Candles are below both EMAs. Bearish conditions met. - MOM is facing down and below 0. Bearish conditions met. - STOCH is facing down, below 50 and the orange line is above the blue line. Bearish conditions met. Market Execution or sell limit at 1.26050. +40 PIPS TP 1, - 40 PIPS SL. Adjust your SL and TP based on your...
Hey Rich Friends, EU did sell and 40 pips were secured with TP 1! I am hopeful that TP 2 and TP 3 will be reached soon for a total of 80 pips and 1:1RR!
It looks like EU may continue to sell. - Candles forming below both EMAS. Bearish conditions met. - MOM facing down and below 0. Bearish conditions met. - Stoch facing down, below 50 and the orange line is above the blue line. Bearish conditions met. Sell At Market Execution Or Sell Stop At 1.09300 Or Lower Sl: 1.09700 Or Higher (40 Pips) Tp 1: 1.08900 (40...
EJ is looking like it will continue on an uptrend. - Candles are consolidating above both EMAS. Bullish conditions met. - MOM is facing up but has not crossed above 0 yet. Waiting for this confirmation. - STOCH is facing up, above 50 and the blue line is above the orange line. Potential Buy At Market Execution Or Buy Limit At 158.550 Or Lower SL: 158.200 OR...
Hey Rich Friends, I set a buy limit for EJ last night and it triggered and hit TP 2. The key to any strategy is to trade what you see, not what you want. We are retail traders, not market makers, please listen to your indicators. The main reason why I decided to take a risk on this buy is that although the market was moving sideways, the candles were still...
It looks like GU will continue to buy, now that structure was broken on the upside and it has crossed above the 50 EMA. There was also a huge rejection/push-up on the previous candle. - Candles crossed above the 50 EMA. Waiting for the cross above 200 EMA. - MOM is facing UP and ABOVE the 0 line. - STOCH is facing up, above 50 and the blue line is above the...
Hey Rich Friends, This trade took a while to develop but better late than never! I used my simple 4-indicator strategy to spot a bullish trend on GU and secure 40 pips. It's simple: Indicators: 50 EMA (blue) 200 EMA (purple) Momentum (turn on price line) Stochastic (turn on price line) Bullish confirmations: 1. Candles above/crossing up 1 or both EMAS 2. MOM...
It looks like GU will consider to sell. 1. Break of structure on the downside with a strong red candle 2. Candles are below both EMAs. 3. MOM is facing down and below 0. 4. STOCH is facing down, below 50 and the orange line is above the blue line. I did market execution but also set a Sell Stop at 1.26750. SL: 1.27150 (-40 PIPS) TP 1: 1.26350 (+40 PIPS) TP...