I'm currently stalking NZD/USD for a pull back on the 8 hour time frame. I like how the MACD is converging with the current price action. What I'd like to see though is a pull back to the level I've drawn in (old resistance) and a continuation in trend. If you're interested in how I trade and would like to follow the same methods I do, visit www.tradercobb.com. Peace.
I take you through where I think are critical levels and pivotal points within this market. Although we have seen green within the last few days, it's still very early days here in this market. If you enjoyed my video and are curious of where I learned how to trade, head over to www.tradercobb.com Peace.
This morning we were able to capture 1st targets on a USDJPY potential bullish breakout and I wanted to stop by for a second & talk about secondary opportunities to get involved as well. Now before we get started please understand that it was a little difficult to fit the entirety of this trade idea on to the chart as multiple timeframe analysis was involved,...
Last post: June 15th. See chart . Review: Price was pulling back after being in a nice uptrend. Update: Price is stuck inside the consolidation zone and currently at the support area. Conclusion: We need to see a breakout of this consolidation zone before looking at any trading opportunities. Any comments or questions, do not hesitate to leave them below....
Last post: September 6th. See chart . Review: Price had pulled back below the support level. Update: Price is now back above the support level and making new highs again and is up 395 points. Conclusion: We will be looking for long opportunities when we see another breakout. Any comments or questions, do not hesitate to leave them below. Give us the thumbs...
Last post: September 3rd. See chart . Review: Price was making new all-time highs after breaking out of resistance. Update: Price is continuing to make new highs and still looks strong for long opportunities. Conclusion: We will be looking for long opportunities when we see another breakout. Any comments or questions, do not hesitate to leave them below....
This stock is featuring for the first time on our TradingView blogs. Current setup: Price is currently in a period of consolidation where the direction of movement is unknown and unpredictable. Conclusion: We first need to see a breakout above resistance or below support before considering taking a trade. Any comments or questions, do not hesitate to leave...
This stock is featuring for the first time on our TradingView blogs. Current setup: Price is currently in a strong uptrend but finding it difficult to break through $90 which is acting as a strong round number. Conclusion: We will look for more long opportunities if price can break through $90. Any comments or questions, do not hesitate to leave them below....
Order pending at 1.63090 T1: 20 pips T2: 40 pips Stop : 20 pips
This stock is featuring for the first time on our TradingView blogs. Current setup: Price is currently in a strong uptrend. Conclusion: We are waiting for the next pullback followed by a breakout to look for long opportunities. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
Order pending at 1.62040 T1: 58 pips T2: 116 pips Risk 58 pips
This stock is featuring for the first time on our TradingView blogs. Current setup: Beneath the previous support level but above the 50 simple moving average and the $80 round number. Conclusion: Wait for a breakout above the previous high before attempting to go long. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you...
Extension -- Pullback -- Extension -- Pullback, that's how the markets move. After the current extension higher on the GBPUSD the next opportunity to buy (unless you're a breakout trader) is waiting for price to pullback into previous structure and then looking to catch a pullback trade in anticipation of a move higher. IF price continues higher THEN I would...
Last post: June 30th. See chart . Review: Price was heading up towards the previous all-time high. Update: Price has now started to challenge the all-time high resistance level. Conclusion: We need price to clearly break through the resistance level and stay above it, then we can start to look for long opportunities. Any comments or questions, do not...
Last post: June 8th. See chart . Review: Price had just broken the previous resistance level. Update: Price has now clearly broken that area and is making new highs. Conclusion: We need to wait for price to close above the previous high before looking to go long. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you...
Last post: June 21st. See chart . Review: Price was approaching the resistance level. Update: Price is still on its way to target the resistance level. Conclusion: We continue to wait and see if price can break through resistance and leave the consolidation zone. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you...
Last post: June 3rd. See chart . Review: Price was trending nicely to the upside. Update: Price has broken out yet again with a big breakout bar which was also a gap up. Conclusion: We will wait for the next breakout before considering a long trade. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our...
Last post: June 14th. See chart . Review: Price had started trending strong after breaking through resistance. Update: Price continues to trend to the upside and still looks strong. Conclusion: We will be looking for long opportunities following the next breakout. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you...