AccountantFX

AccountantFX

Fundamentally it does NOT make sense.... and can not be explained. Technically it makes fully sense. Trading evolves risk. The trade has good R/R

AccountantFX

Please note the orange box... A suggestion would be to open 2 positions. 1 to close at the TP target itself 1 to close at the Orange zone, due that is a strong pattern & supply zone as well. Good luck

AccountantFX

Nice R/R Can simply confirm with the MACD indicator

AccountantFX Updated 

LONG EURCHF Trade Trade engaged No confirm - just based on structure and fibonacci level

AccountantFX

On lower timeframe can take confirm.

AccountantFX Updated 

A low Risk Swing Trade The Black arrows gives an idea how price will move around those blocks. Trade Engaged & Good Luck

AccountantFX

Gold. On the H4 we have a downtrend, as well as daily looks like the bulls have run out of steam, we have a 30m downtrend. Obviously it is seen that an ascending channel has been broken, it even retested the 30m support. A retest on the M30 should lead Gold lower.

AccountantFX

3 Drive Pattern on AUD/USD Wait till price reach the price and take a sell based on the analyses. It is a relative low risk trade

AccountantFX

On a wednesday which gives double rollover for position. Healthy R:R Technical: we see a downtrend, support has been broken on the M30 Timeframe, now we taking the retest of this to enter the positions. 3 positions, take 0.5% risk. (1.5% as total) If tomorow, lock position with SL, due ECB decision tomorrow. Also possible to let run till price of 1.59699...

AccountantFX

Buy Limit at 117.000 , nice psychology level + gap with unfilled orders as well. On a demand zone Open 2 positions, 1 for a quick 1:1 and other 1:3.4 Good luck

AccountantFX

AUD/CHF A reliable pattern has occured on AUD/CHF. Like always WAIT till trade comes to you. On this pair you will have 2 targets. Keep the risk small and run run 2 positions. The R/R are very positive. Enjoy There is no Plan B with this trade. Only 1 plan, if hit Stoploss, the loss will be very small. This trade will occur, after rollover, due negative...

AccountantFX Updated 

Why I belief like this. Plan A As the EURO is getting ready to go North. The EURO is a leading indicator for the Zlotty. So fundamentally the USD/PLN has to go down. The Trendline which had acted as Support has been broken and is acting as resistance. Remember their are always 3 scenario's how a trendline can play out. The you see some rejection allready, for...

AccountantFX

A nice entry with a relative low risk and high reward. The structure of market looks bearish, and no continuation of an imporant level occured that it would had remained bullish. The spike might pull you off, as you would like to draw the triangle at the low of that point of the candle. I belief with a better look at it, it isn't the low itself. In this case you...