The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as...
Fundamental bias = Bearish .
Down trending sin Jan2019 mainly due to the slowdown in neighboring china. Slowdown in China began in advance of the US-China Tariffs, however the initial impact of the tariffs dented confidence globally adding to the effect. We've yet to see any impact of tariffs in hard China data, if anything in the short...
GBPUSD is doing the same as the EURUSD looking for some more upside today and tomorrow but the price will soon reverse with a PTS sell signal. We have a Brexit vote today at 3pm so that may put some fuel in the tank. However, it won't last long as I'm looking for more downside in the coming days/weeks.
2 trades can be taken on this pair as price trickles down to the support level/zone.
1st. (conservative) enter the trade from the daily light blue lines risking 95 pips to make the risk/reward being 1:5 which is great for a passive wealth created trade.
2nd. (aggressive) let price action can enter into the dark blues lines risking 30 pips to make the same amount...
Small and a bit messy, but an at market Cypher pattern on GBPUSD 4H. Managed to get entered slightly below the X completion (just a matter of ID after it had completed). However, without pressing below X this pattern is still valid. Looking for a press upwards to Target 1 & Target 2. Using a 113% stop loss, and good Risk Reward.