Support level broken Pin bar striking the 21sma. Nice signal but I'm looking for a better risk to reward ratio. Strategy - I'll wait for a bearish engulfing bar/inside bar/pin bar to work with the 8sma for a signal to short. That will offer a better risk for this short term short - why short term? Flip to the weekly time frame and check the major support where...
Bearish engulfing bar on H4 as well as D1 (see link for D1 view ) Both sell signals located around areas of value. Trading the engulfing bar usually offers a strong risk to reward ratio and in this case the provisional target is 3 times that of the risk (and price could fall more after that which will increase the reward substantially against the initial...
A doii = indecision Indecision on support = buy signal The principal for this type of setup entails placing the stop a few pips below the doji. The profit target must be at least double the risk and the up side potential here is MUCH more than the provisional target. Don't invest what you can't afford to lose. This is not investment advice. Subjective...
Bullish engulfing completed after the resistance broke. This is confirmation from price action for the bulls to resume. For this type of setup stops are best placed below the engulfing bar and the target is at least 1:2 risk to reward or next resistance level (if it has good RRR) Don't invest what you can't afford to lose. This is not investment advice....
The engulfing bar is a great signal from price action. Notice the inside bar false breakout pattern on D1 time frame. This is a good example where the support was broken and tested from the under side as resistance and a sell signal from price action completed. Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of...
Inside bar completed at resistance in ranging market at resistance Fakeout bar busy forming, to be confirmed. IF price action confirms, 15.10 can be set as a provisional target (price may fall further) Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can learn price action...
Down trend Bearish engulfing bar Targeting monthly support level Looking to short once the low of the engulfing bar is broken 1:2 Risk to reward Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can learn price action trading at no cost. Join my mailing list to receive more...
The inside bar is a very reliable candle pattern that can bring you massive results . In this video you will learn what it looks like, how it is formed and how it is traded. The inside bar is also the last candle pattern in this course. You're almost at the end :)
We got a few confluencing factors coming into play on this pair that looks to be setting the auzzie up to gain some ground against the dollar. Check out the double bottom play on H4 that can be used as an entry IF the move plays out. The outside bar that is busy forming is reinforcing the bulls presence... Don't invest what you can't afford to lose. This is not...
Rising wedge pattern breakout Support (also fibo level) tested as resistance Inside bar sell signal Selling at market price with # SL @ 1514.358 and # TP @ 1429.477 Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can learn price action trading at no cost. Join my mailing list...
Rising wedge pattern Sell signal from H4 - Pin bar Taking a short now due to low risk entry point. Selling at market price with # SL @ 129.734 and # TP @ 127.634 provisionally Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can learn price action trading at no cost. Join my...
Pin bar on support Bullish engulfing on support Pin bar pinning bottom bollinger Buying at market price 118.007 with # SL below the engulfing bar @ 117.486 and # TP at next resistance @ 119.001 Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can learn price action trading at...
Triangle pattern breakout completed Level re-tested as support Buy signal printed by price action Pinning 21 sma Buying at market price 15.43022 with # SL below the pin bar @ 15.36966 and # TP as per triangle range to target @ 15.81607 1:6 Riskto reward ratio Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report...
Support broken Bearish engulfing bar formed Pin bar pinning the moving average Selling at market price 1.63402 and # SL above the engulfing bar @ 1.64279 # TP lower @ previous swing low @ 1.61411 1:2.5 risk to reward ratio Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can...
Support broken Support tested by a pin bar Pin bar = price action sell signal in this location Market structure = bearish (lower highs and lower lows Selling at market price @ 1.11092 with # SL above the pin bar @ 1.11187 and # TP lower down at previous swing low @ 1.10386 Nice setup here providing a 1:3 risk to reward ratio. Don't invest what you can't...
Selling at market price 15.17789 with # SL above bearish engulfing @ 15.24392 and # TP lower down at the bottom of the structure @ 14.81479 You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg Join me in Forex Bootcamp for live updates using the link below. Happy trading :)
Bear flag broken, good spot for an entry with the current market structure. The potential on this trade is more than the provisional target. Selling at market price 1.21169 with # SL above the recent high @ 1.22003 and # TP provisionally @ 1.19918 You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg Join me in...
Bullish engulfing batting off the 8 SMA. Up trend + buy signal = buy Buying at market price 15.08304 with # SL below the engulfing bar @ 14.95336 and # TP calculated as (SL x2) @ 15.35686 You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg Join me in Forex Bootcamp for live updates using the link below....