I've received a signal to go short as the daily market has crossed and closed under the VIDYA baseline and the CMF volume indicator is below the zero-cross line.
1st of 4 targets will be 1 x ATR. SL will be 1.5 X ATR
I'm going long on NATGASUSD on the daily time frame after seeing the market cross and close over my VIDYA baseline and the CMF Volume indicator crossing the zero line going upwards.
My stop loss will be set at 1.5 x the ATR value and my first of 4 targets will be 1 x the ATR value that currently stands at 0.0571 - I'll then move the SL up to my entry
I've received a number of signals to go short on USOIL on the daily TL, as the market has crossed the VIDYA baseline, whilst volume has passed the Wadda Explosion line. The baseline has been crossed and closed going short 4 times since the start of May, with no indication of the market reversing to go long. I suspect that the market is going to continue going down.
This a very big structure base on the 333333 patterns for the last 10 years, will take at least 1 year to be completed, but the profit of 2000 pips RRR 16 to 1 possible in the short time frame
But we have to wait for the entry
Retracement Triangle Theory, 4 times only since 2007
Patient with losing trades or with traders that you don't make any money like this one
One loss trade, one win trade with the risk-reward for the second ones just cover everything
Good trading day
Small positions in relation to your emotion control
I have lost 2 trades on this one's same entry but small positions make no difference to me
Control your risk control your emotions control your traders
Good trading day
NZDJPY weekly rejection from last week, daily bullish trend with pin bar at the bottom, 4hourly bullish indicates this pair may continue to raise up after a pull back to support level.
Suggested entries on the chart.