- Finding support on the 100ma and currently above 50ma (4HR) - Target a move to R16.32 - Stop Loss around R15.46 - R/R is 1.5 - Weaker dollar will aid Financials - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:PSG - Price is looking bullish - Cup and handle pattern - First target R226 then R237 - Close below R208 zone will negate the picture - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Audjpy H4 ranging between 79.900 and 77.500 for the past 2 Months. Short Selling expected from current price 79.555 to 77.600. Watch for clear change of trend signal before shorting. First target 78.500 down to 77.600.
Hey there! This is an example of how you can improve and simplify your trading decisions using algorithmic approaches. Watching this video you can see that SMA 15/16 crossover trading system still being the most profitable combination for the last 13 years on daily AUDCAD. The most profitable combination of the periods was obtained using Profitable SMA...
Hey there! Well, this is not a trading idea actually. I just want to present my new tool to the community. This tool will help you to choose a type of moving average to create the most profitable trading system based on crossovers. Click on the price scale, point to "Labels" and switch off "No Overlapping Labels" option to get a better view. Detailed...
I recently started studying the Slingshot system by chrismoody and find it super relevant so far. In the chart above we have an aggressive sell setup coupled with a bump into some simple MA resistance. On top of that this lovely opportunity comes after a somewhat exhaustible run up since first week of November 2019 making a small correction all the more feasible....
Usdcad looking to break out of the squeeze zone of 1.33822
Bullish reversals identified including the popular head and shoulder candle stick patterns.
The price successfully bounced above Ichimoku Cloud and formed double bottom. At the moment the asset is in overbought state and will start consolidation after breaking through Fib 0.618 resistance level. This is a good Short-Mid term opportunity
As with most things in life, letting a trade set up steep and mature prior to entry is basically how you make the most profit. Come and be successful. Should the support bar break I am in, joining a clear strong signal = Short/Medium/Long term trends all down. GL and may all your trades be monsters ;)
Check the past few days posts - Spot on Monster profit accomplished LONG from here.
Third attempt today to place some winning trades. Thankfully this time I seem to have taken the peak and should be good from here. Some basic technical and my trade lines drawn on. Lost $250 ish today. Still working with 50k lot size. Aiming for a large level profit once we touch down on green again :)
Hi everyone, Getting tired of only seeing analysis being posted up. So, I am posting the visual definition of my actual trades this week. Hoping you will all give friendly feedback and thoughts as truly I am wanting to generate solid profitable returns. Based ont he calendar, trend analysis plus some instinct I am Shorting GBPUSD today and my lines mark it all...
Long term outlook very bleak for the once relatively strong AUD. It's been a tough two years on the Australian currency. With a very wobbly gold price dictating the nerves and a phenomenally crucial period of USD relative strength the AUD is suffering without a doubt. Using a simple fib based regression trend analysis along with a modified pitchfork that ties...
So USDJPY has been grinding down the price levels for some time now, here is a simple profitable set up for a further short scenario. Take a Short from here and hold. 101 is my personal target profit take and I suggest if you follow that you do the same. My stop is set at 106.600 Time duration of the trade I would expect to be no longer than two weeks at most....
We all would love to be able to call the top. I have been burnt to the tune of 25k or so the last few days trying to short a "top". Fact is after much further chatting and some back to basics trend analysis over the Long Mid and Short term as of right here and now today the signals are strong bullish and for LONG. So that is what I am doing. Hoping for this...